Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Equity

v3.22.0.1
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
Retained Earnings
Total Silvercrest Asset Management Group Inc.'s Equity
Non-controlling Interest
Balance at Dec. 31, 2018 $ 82,399     $ 85 $ 48 $ 43,584   $ 12,330 $ 56,047 $ 26,352
Balance, Shares at Dec. 31, 2018       8,518,000 4,934,000          
Distributions to partners (7,698)                 (7,698)
Issuance of Class B shares 8,972       $ 7       7 8,965
Issuance of common stock         665,000          
Equity-based compensation 2,272       $ 2 23     25 2,247
Equity-based compensation, Shares       2,000 242,000          
Repayment of notes receivable from partners 291                 291
Net Income 15,412             8,646 8,646 6,766
Deferred tax, net of amounts payable under tax receivable agreement 1,500         1,500     1,500  
Accrued interest on notes receivable from partners (13)                 (13)
Share Conversion       $ 8 $ (8) 4,139     4,139 (4,139)
Share Conversion, Shares       810,000 (810,000)          
Dividends paid on Class A common stock (5,328)             (5,328) (5,328)  
Balance at Dec. 31, 2019 97,807     $ 85 $ 49 49,246   15,328 65,036 32,771
Balance, Shares at Dec. 31, 2019       9,330,000 5,031,000          
Distributions to partners (6,297)                 (6,297)
Equity-based compensation 691         106     106 585
Equity-based compensation, Shares       3,000 9,000          
Repayment of notes receivable from partners 300                 300
Net Income 17,478             9,960 9,960 7,518
Deferred tax, net of amounts payable under tax receivable agreement (462)         (462)     (462)  
Accrued interest on notes receivable from partners (8)                 (8)
Share Conversion       $ 3 $ (3) 2,149     2,149 (2,149)
Share Conversion, Shares       318,000 (318,000)          
Dividends paid on Class A common stock (6,110)             (6,110) (6,110)  
Balance at Dec. 31, 2020 103,399     $ 96 $ 46 51,039   19,498 70,679 32,720
Balance, Shares at Dec. 31, 2020   9,650,692 4,721,646 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          
Issuance of notes receivable from partners (475)                 (475)
Equity-based compensation 1,426     $ 1   211     212 1,214
Equity-based compensation, Shares         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)   (512)  
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares   (33,083)   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   9,869,101 4,593,687 9,869,000 4,594,000   33,000