Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.19.3
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Additional Paid-In Capital
Retained Earnings
Total Silvercrest Asset Management Group Inc.'s Equity
Non-controlling Interest
Balance at Dec. 31, 2017 $ 72,119 $ 81 $ 49 $ 41,606 $ 7,359 $ 49,095 $ 23,024
Balance, Shares at Dec. 31, 2017   8,142,000 5,059,000        
Distributions to partners (2,072)           (2,072)
Repayment of notes receivable from partners 552           552
Equity-based compensation 800     6   6 794
Net Income 4,050       2,231 2,231 1,819
Accrued interest on notes receivable from partners (8)           (8)
Share conversion, Value   $ 1 $ (1) 605   605 (605)
Share conversion, Shares   117,000 (117,000)        
Deferred tax, net of amounts payable under tax receivable agreement (14)     (14)   (14)  
Dividends paid on Class A common stock (1,144)       (1,144) (1,144)  
Balance at Mar. 31, 2018 74,283 $ 82 $ 48 42,203 8,446 50,779 23,504
Balance, Shares at Mar. 31, 2018   8,259,000 4,942,000        
Balance at Dec. 31, 2017 72,119 $ 81 $ 49 41,606 7,359 49,095 23,024
Balance, Shares at Dec. 31, 2017   8,142,000 5,059,000        
Net Income 12,136            
Balance at Sep. 30, 2018 77,789 $ 83 $ 50 42,682 10,614 53,429 24,360
Balance, Shares at Sep. 30, 2018   8,346,000 5,107,000        
Balance at Dec. 31, 2017 72,119 $ 81 $ 49 41,606 7,359 49,095 23,024
Balance, Shares at Dec. 31, 2017   8,142,000 5,059,000        
Balance at Dec. 31, 2018 82,399 $ 85 $ 48 43,584 12,330 56,047 26,352
Balance, Shares at Dec. 31, 2018   8,518,096 4,934,103        
Balance at Mar. 31, 2018 74,283 $ 82 $ 48 42,203 8,446 50,779 23,504
Balance, Shares at Mar. 31, 2018   8,259,000 4,942,000        
Distributions to partners (2,940)           (2,940)
Equity-based compensation 801 $ 1   6   7 794
Equity-based compensation, Shares   2,000 2,000        
Issuance of notes receivable (100)           (100)
Issuance of Class B shares, Value 100           100
Issuance of Class B shares, Shares     6,000        
Net Income 4,193       2,337 2,337 1,856
Accrued interest on notes receivable from partners (7)           (7)
Share conversion, Value       226   226 (226)
Share conversion, Shares   45,000 (45,000)        
Deferred tax, net of amounts payable under tax receivable agreement 15     15   15  
Dividends paid on Class A common stock (1,163)       (1,163) (1,163)  
Balance at Jun. 30, 2018 75,182 $ 83 $ 48 42,450 9,620 52,201 22,981
Balance, Shares at Jun. 30, 2018   8,306,000 4,905,000        
Distributions to partners (1,530)           (1,530)
Repayment of notes receivable from partners 567           567
Equity-based compensation 832   $ 2 6   8 824
Equity-based compensation, Shares     242,000        
Net Income 3,893       2,162 2,162 1,731
Accrued interest on notes receivable from partners (6)           (6)
Share conversion, Value       207   207 (207)
Share conversion, Shares   40,000 (40,000)        
Deferred tax, net of amounts payable under tax receivable agreement 19     19   19  
Dividends paid on Class A common stock (1,168)       (1,168) (1,168)  
Balance at Sep. 30, 2018 77,789 $ 83 $ 50 42,682 10,614 53,429 24,360
Balance, Shares at Sep. 30, 2018   8,346,000 5,107,000        
Balance at Dec. 31, 2018 82,399 $ 85 $ 48 43,584 12,330 56,047 26,352
Balance, Shares at Dec. 31, 2018   8,518,096 4,934,103        
Distributions to partners (2,285)           (2,285)
Repayment of notes receivable from partners 291           291
Equity-based compensation 842     6   6 836
Issuance of Class B shares, Value 20           20
Issuance of Class B shares, Shares     2,000        
Net Income 3,045       1,709 1,709 1,336
Accrued interest on notes receivable from partners (3)           (3)
Share conversion, Value       97   97 (97)
Share conversion, Shares   17,000 (17,000)        
Deferred tax, net of amounts payable under tax receivable agreement 9     9   9  
Dividends paid on Class A common stock (1,278)       (1,278) (1,278)  
Balance at Mar. 31, 2019 83,040 $ 85 $ 48 43,696 12,761 56,590 26,450
Balance, Shares at Mar. 31, 2019   8,535,000 4,919,000        
Balance at Dec. 31, 2018 82,399 $ 85 $ 48 43,584 12,330 56,047 26,352
Balance, Shares at Dec. 31, 2018   8,518,096 4,934,103        
Net Income 11,219            
Balance at Sep. 30, 2019 95,235 $ 92 $ 51 48,238 14,608 62,989 32,246
Balance, Shares at Sep. 30, 2019   9,180,013 5,180,883        
Balance at Mar. 31, 2019 83,040 $ 85 $ 48 43,696 12,761 56,590 26,450
Balance, Shares at Mar. 31, 2019   8,535,000 4,919,000        
Distributions to partners (3,474)           (3,474)
Equity-based compensation 879     6   6 873
Equity-based compensation, Shares   2,000 1,000        
Net Income 3,351       1,864 1,864 1,487
Accrued interest on notes receivable from partners (3)           (3)
Share conversion, Value   $ 1 $ (1) 458   458 (458)
Share conversion, Shares   87,000 (87,000)        
Deferred tax, net of amounts payable under tax receivable agreement 28     28   28  
Dividends paid on Class A common stock (1,293)       (1,293) (1,293)  
Balance at Jun. 30, 2019 82,528 $ 86 $ 47 44,188 13,332 57,653 24,875
Balance, Shares at Jun. 30, 2019   8,624,000 4,833,000        
Distributions to partners (1,626)           (1,626)
Equity-based compensation 445   $ 3 6   9 436
Equity-based compensation, Shares     241,000        
Issuance of Class B shares, Value 8,952   $ 7     7 8,945
Issuance of Class B shares, Shares     663,000        
Net Income 4,823       2,653 2,653 2,170
Accrued interest on notes receivable from partners (3)           (3)
Share conversion, Value   $ 6 $ (6) 2,551   2,551 (2,551)
Share conversion, Shares   556,000 (556,000)        
Deferred tax, net of amounts payable under tax receivable agreement 1,493     1,493   1,493  
Dividends paid on Class A common stock (1,377)       (1,377) (1,377)  
Balance at Sep. 30, 2019 $ 95,235 $ 92 $ 51 $ 48,238 $ 14,608 $ 62,989 $ 32,246
Balance, Shares at Sep. 30, 2019   9,180,013 5,180,883