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

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2026

The components of lease expense for the three and six months ended June 30, 2026 and 2025 were as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Operating Lease Cost	$	1,674	$	1,572	$	3,315	$	3,105
Financing Lease Cost:
Amortization of ROU assets	$	36	$	32		72		65
Interest on lease liabilities		5		3		11		6
Total	$	41	$	35	$	83	$	71

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	$	3,575	$	—	$	3,575
2027		7,304		—		7,304
2028		5,679		—		5,679
2029		1,078		—		1,078
2030		1,088		—		1,088
Thereafter		3,051		—		3,051
Total	$	21,775	$	—	$	21,775
Weighted-average remaining lease term – operating leases (months)						45.4
Weighted-average discount rate						5.6	%

The assets relating to finance leases that are included in equipment as of June 30, 2026 and December 31, 2025 are as follows:


	June 30, 2026			December 31, 2025
Finance lease assets included in furniture and equipment	$	793		$	748
Less: Accumulated depreciation and amortization		(476	)		(426	)
	$	317		$	322

Future minimum lease payments under finance leases are as follows:


	Future Minimum Lease Commitments
Remainder of 2026	$	72
2027		113
2028		64
2029		46
2030		36
Thereafter		20
Total	$	351
Weighted-average remaining lease term – finance leases (months)		38.4
Weighted-average discount rate		6.7	%