Silvercrest Asset Management Group LLC Quarterly report [Sections 13 or 15(d)]

Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2026

The components of lease expense for the three months ended March 31, 2026 and 2025 were as follows:


	Three Months Ended March 31,
	2026		2025
Operating Lease Cost	$	1,640	$	1,532
Financing Lease Cost:
Amortization of ROU assets	$	36	$	32
Interest on lease liabilities		5		3
Total	$	41	$	35

Future minimum lease payments and rentals under lease agreements for office space are as follows:


	Operating Leases		Non-cancellable Subleases		Operating Lease Liabilities
Remainder of 2026	$	5,392	$	—	$	5,392
2027		7,245		—		7,245
2028		5,628		—		5,628
2029		1,024		—		1,024
2030		1,028		—		1,028
Thereafter		1,803		—		1,803
Total	$	22,120	$	—	$	22,120
Weighted-average remaining lease term – operating leases (months)						43.8
Weighted-average discount rate						5.4	%

The assets relating to finance leases that are included in equipment as of March 31, 2026 and December 31, 2025 are as follows:


	March 31, 2026			December 31, 2025
Finance lease assets included in furniture and equipment	$	784		$	748
Less: Accumulated depreciation and amortization		(462	)		(426	)
	$	322		$	322

Future minimum lease payments under finance leases are as follows:


	Future Minimum Lease Commitments
Remainder of 2026	$	100
2027		102
2028		57
2029		41
2030		33
Thereafter		—
Total	$	333
Weighted-average remaining lease term – finance leases (months)		38.4
Weighted-average discount rate		6.8	%