Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.21.2
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, 2019 $ 97,807 $ 93 $ 49 $ 49,246 $ 15,648 $ 65,036 $ 32,771
Balance, Shares at Dec. 31, 2019   9,330,000 5,031,000        
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   9,330,000 5,031,000        
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   9,520,000 4,852,000        
Balance at Dec. 31, 2019 97,807 $ 93 $ 49 49,246 15,648 65,036 32,771
Balance, Shares at Dec. 31, 2019   9,330,000 5,031,000        
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        
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   9,520,000 4,852,000        
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        
Distributions to partners (1,758)           (1,758)
Issuance of notes receivable from partners (475)           (475)
Issuance of Class B shares, Value 476   $ 1     1 475
Issuance of Class B shares, Shares     56,000        
Repayment of notes receivable from partners 228           228
Equity-based compensation 469           469
Net Income 4,335       2,552 2,552 1,783
Deferred tax, net of amounts payable under tax receivable agreement 7     7   7  
Accrued interest on notes receivable from partners (2)           (2)
Share conversion, Value       56   56 (56)
Share conversion, Shares   8,000 (8,000)        
Dividends paid on Class A common stock (1,545)       (1,545) (1,545)  
Balance at Mar. 31, 2021 105,134 $ 96 $ 47 51,102 20,505 71,750 33,384
Balance, Shares at Mar. 31, 2021   9,658,000 4,770,000        
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        
Issuance of notes receivable from partners             (475)
Net Income 9,996            
Balance at Jun. 30, 2021 105,978 $ 97 $ 47 51,240 22,291 73,675 32,303
Balance, Shares at Jun. 30, 2021   9,669,760 4,781,844        
Balance at Mar. 31, 2021 105,134 $ 96 $ 47 51,102 20,505 71,750 33,384
Balance, Shares at Mar. 31, 2021   9,658,000 4,770,000        
Distributions to partners (3,592)           (3,592)
Issuance of Class B shares, Value 25           25
Issuance of Class B shares, Shares     2,000        
Equity-based compensation 293 $ 1   55   56 237
Equity-based compensation, Shares   1,000 21,000        
Net Income 5,661       3,335 3,335 2,326
Deferred tax, net of amounts payable under tax receivable agreement 7     7   7  
Accrued interest on notes receivable from partners (1)           (1)
Share conversion, Value       76   76 (76)
Share conversion, Shares   11,000 (11,000)        
Dividends paid on Class A common stock (1,549)       (1,549) (1,549)  
Balance at Jun. 30, 2021 $ 105,978 $ 97 $ 47 $ 51,240 $ 22,291 $ 73,675 $ 32,303
Balance, Shares at Jun. 30, 2021   9,669,760 4,781,844