Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Equity

v3.24.0.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Treasury Stock
Treasury Stock
Class A Common Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Total Silvercrest Asset Management Group Inc.'s Equity
Total Silvercrest Asset Management Group Inc.'s Equity
Class A Common Stock
Non-controlling Interest
Balance at Dec. 31, 2020 $ 103,399     $ 96 $ 46 $ 51,039       $ 19,498 $ 70,679   $ 32,720
Balance, Shares at Dec. 31, 2020       9,651,000 4,722,000                
Distributions to partners (6,680)                       (6,680)
Issuance of Class B shares 1,174       $ 1           1   1,173
Issuance of common stock         102,000                
Issuance of notes receivable from partners (475)                       (475)
Equity-based compensation 1,426     $ 1   211         212   1,214
Equity-based compensation, Shares       0 21,000                
Repayment of notes receivable from partners 228                       228
Net Income 24,946                 14,693 14,693   10,253
Deferred tax, net of amounts payable under tax receivable agreement (283)         (283)         (283)    
Accrued interest on notes receivable from partners (6)                       (6)
Share Conversion       $ 2 $ (2) 1,969         1,969   (1,969)
Share Conversion, Shares       251,000 (251,000)                
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc (512)             $ (512)       $ (512)  
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares       (33,000)       33,000          
Dividends paid on Class A common stock (6,409)                 (6,409) (6,409)    
Balance at Dec. 31, 2021 116,808     $ 99 $ 45 52,936 $ (512)     27,782 80,350   36,458
Balance, Shares at Dec. 31, 2021       9,869,000 4,594,000   33,000            
Distributions to partners (7,912)                       (7,912)
Issuance of Class B shares 1,149       $ 1           1   1,148
Issuance of common stock         68,000                
Equity-based compensation 1,149         220         220   929
Equity-based compensation, Shares         50,000                
Repayment of notes receivable from partners 172                       172
Net Income 30,793                 18,828 18,828   11,965
Deferred tax, net of amounts payable under tax receivable agreement (692)         (692)         (692)    
Accrued interest on notes receivable from partners (3)                       (3)
Share Conversion       $ 2 $ (2) 1,518         1,518   (1,518)
Share Conversion, Shares       167,000 (167,000)                
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc (8,783)             $ (8,783)       (8,783)  
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares   (508,782)   (476,000)       476,000          
Dividends paid on Class A common stock (6,849)                 (6,849) (6,849)    
Balance at Dec. 31, 2022 125,832     $ 101 $ 44 53,982 $ (9,295)     39,761 84,593   41,239
Balance, Shares at Dec. 31, 2022   9,559,587 4,545,380 9,560,000 4,545,000   509,000            
Distributions to partners (7,818)                       (7,818)
Issuance of Class B shares 25                       25
Issuance of common stock         1,000                
Equity-based compensation 1,627       $ 1 220         221   1,406
Equity-based compensation, Shares       8,000 95,000                
Repayment of notes receivable from partners 95                       95
Net Income 15,183                 9,094 9,094   6,089
Deferred tax, net of amounts payable under tax receivable agreement (352)         (352)         (352)    
Accrued interest on notes receivable from partners (4)                       (4)
Share Conversion       $ 2 $ (2) 1,959         1,959   (1,959)
Share Conversion, Shares       210,000 (210,000)                
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc (5,762)             $ (5,762)       $ (5,762)  
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares   (808,455)   (299,000)       299,000          
Dividends paid on Class A common stock (7,004)                 (7,004) (7,004)    
Cumulative translation adjustment (12)               $ (12)   (12)    
Balance at Dec. 31, 2023 $ 121,810     $ 103 $ 43 $ 55,809 $ (15,057)   $ (12) $ 41,851 $ 82,737   $ 39,073
Balance, Shares at Dec. 31, 2023   9,478,997 4,431,105 9,479,000 4,431,000   808,000