Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Statements of Financial Condition

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Condensed Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 19,040 $ 27,122
Restricted certificates of deposit and escrow 1,022 1,021
Investments 100 103
Receivables, net 4,350 5,405
Due from Silvercrest Funds 2,189 2,653
Furniture, equipment and leasehold improvements, net 2,108 1,913
Goodwill 20,008 20,031
Intangible assets, net 12,229 12,589
Deferred tax asset—tax receivable agreement 24,496 25,022
Prepaid expenses and other assets 1,497 4,868
Total assets 87,039 100,727
Liabilities and Stockholders’ Equity    
Accounts payable and accrued expenses 3,613 6,587
Accrued compensation 5,131 17,424
Notes payable 8,198 8,303
Borrowings under revolving credit facility 3,000 3,000
Deferred rent 1,628 1,742
Deferred tax and other liabilities 15,786 15,506
Total liabilities 37,356 52,562
Commitments and Contingencies (Note 10)      
Stockholders’ Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding, as of March 31, 2014 and December 31, 2013      
Additional Paid-In Capital 39,003 39,003
Retained earnings 2,140 2,099
Total stockholders’ equity 41,265 41,222
Non-controlling interests 8,418 6,943
Total equity 49,683 48,165
Total liabilities and stockholders’ equity 87,039 100,727
Class A Common Stock
    
Stockholders’ Equity    
Common stock, value 75 75
Total equity 75 75
Class B Common Stock
    
Stockholders’ Equity    
Common stock, value 47 45
Total equity $ 47 $ 45