Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.20.2
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, 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 (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
Deferred tax, net of amounts payable under tax receivable agreement 9     9   9  
Accrued interest on notes receivable from partners (3)           (3)
Share conversion, Value       97   97 (97)
Share conversion, Shares   17,000 (17,000)        
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   8,518,000 4,934,000        
Net Income 6,396            
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        
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        
Balance at Dec. 31, 2019 97,807 $ 93 $ 49 49,246 15,648 65,036 32,771
Balance, Shares at Dec. 31, 2019   9,329,879 5,031,017        
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
Deferred tax, net of amounts payable under tax receivable agreement 28     28   28  
Accrued interest on notes receivable from partners (3)           (3)
Share conversion, Value   $ 1 $ (1) 458   458 (458)
Share conversion, Shares   87,000 (87,000)        
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        
Balance at Dec. 31, 2019 97,807 $ 93 $ 49 49,246 15,648 65,036 32,771
Balance, Shares at Dec. 31, 2019   9,329,879 5,031,017        
Distributions to partners (2,226)           (2,226)
Repayment of notes receivable from partners 300           300
Equity-based compensation 109     9   9 100
Net Income 9,690       5,532 5,532 4,158
Deferred tax, net of amounts payable under tax receivable agreement (364)     (364)   (364)  
Accrued interest on notes receivable from partners (2)           (2)
Share conversion, Value   $ 2 $ (2) 1,149   1,149 (1,149)
Share conversion, Shares   176,000 (176,000)        
Dividends paid on Class A common stock (1,520)       (1,520) (1,520)  
Balance at Mar. 31, 2020 103,794 $ 95 $ 47 50,040 19,660 69,842 33,952
Balance, Shares at Mar. 31, 2020   9,506,000 4,855,000        
Balance at Dec. 31, 2019 97,807 $ 93 $ 49 49,246 15,648 65,036 32,771
Balance, Shares at Dec. 31, 2019   9,329,879 5,031,017        
Net Income 10,472            
Balance at Jun. 30, 2020 100,418 $ 95 $ 47 50,146 18,627 68,915 31,503
Balance, Shares at Jun. 30, 2020   9,520,416 4,851,922        
Balance at Mar. 31, 2020 103,794 $ 95 $ 47 50,040 19,660 69,842 33,952
Balance, Shares at Mar. 31, 2020   9,506,000 4,855,000        
Distributions to partners (2,798)           (2,798)
Equity-based compensation 157     10   10 147
Equity-based compensation, Shares   2,000 9,000        
Net Income 782       490 490 292
Deferred tax, net of amounts payable under tax receivable agreement 8     8   8  
Accrued interest on notes receivable from partners (2)           (2)
Share conversion, Value       88   88 (88)
Share conversion, Shares   12,000 (12,000)        
Dividends paid on Class A common stock (1,523)       (1,523) (1,523)  
Balance at Jun. 30, 2020 $ 100,418 $ 95 $ 47 $ 50,146 $ 18,627 $ 68,915 $ 31,503
Balance, Shares at Jun. 30, 2020   9,520,416 4,851,922