Silvercrest Asset Management Group Inc. SAMG Balance Sheet

Silvercrest asset management group inc. (SAMG)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Dec'12
Assets
Cash and cash equivalents
32,753	52,832	40,841	50,877	45,494	69,283	57,715	44,582	35,394	53,822	39,558	30,015	22,708	37,517	29,967	21,255	19,106	31,562	26,080	19,125	18,572	30,820	27,943	21,438	19,040	27,122	25,055	12,699	13,443
Restricted certificates of deposit and escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	80	80	587	587	587	586	586	586	1,022	1,022	1,021	1,078	1,191	1,020
Investments
777	1,781	16	16	1,493	1,493	16	138	626	626	13	13	13	335	30	30	31	32	15	15	15	1,307	100	100	100	103	84	84	1,980
Receivables, net
6,961	8,958	8,867	6,790	6,352	8,022	7,949	8,894	9,224	9,436	6,458	5,465	5,779	6,270	4,512	4,283	4,774	4,502	4,003	3,849	4,430	4,534	5,081	4,098	-	5,405	-	-	-
Receivables, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,350	-	3,930	3,201	3,675
Due from Silvercrest Funds
1,891	1,697	1,549	831	1,417	1,233	2,763	2,449	1,879	1,094	2,656	3,054	2,306	2,876	2,524	3,675	2,539	4,330	3,039	3,756	2,481	3,797	2,926	3,599	2,189	2,653	1,594	1,018	1,622
Furniture, equipment and leasehold improvements, net
5,915	6,015	6,019	5,498	3,262	3,436	2,491	2,602	2,419	2,453	2,505	2,585	2,411	2,411	2,162	2,252	2,295	2,425	2,535	2,702	2,389	2,354	2,161	2,175	2,108	1,913	1,835	1,925	2,061
Goodwill
63,675	63,675	63,675	27,352	27,352	25,168	25,168	25,168	25,168	25,168	25,168	25,168	25,168	25,168	25,168	25,168	25,168	24,682	24,686	24,686	20,008	20,008	20,008	20,008	20,008	20,031	18,236	18,236	15,891
Operating lease assets
33,162	33,485	34,467	35,220	36,150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease assets
162	198	204	157	180	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
28,582	29,286	29,992	9,198	9,545	9,893	10,313	10,733	11,153	11,578	12,035	12,491	12,947	13,404	13,872	14,359	14,845	15,331	15,833	16,321	10,844	11,167	11,510	11,870	-	12,589	-	-	-
Intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,229	-	12,954	13,356	12,363
Deferred tax asset—tax receivable agreement
11,419	13,190	12,913	11,407	11,846	12,206	12,299	12,136	12,128	11,838	19,204	19,463	19,934	20,221	20,506	20,560	21,280	21,498	22,286	22,112	22,547	23,000	23,815	23,841	24,496	25,022	12,204	12,396	-
Receivable for IPO proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,310	-
Prepaid expenses and other assets
3,864	3,132	4,555	3,939	3,363	2,629	1,989	2,079	2,158	1,345	1,953	3,352	4,129	4,079	3,729	3,923	3,834	3,262	2,882	3,233	3,512	2,123	2,377	2,123	1,497	4,868	896	914	399
Total assets
189,161	214,249	203,098	151,285	146,454	133,363	120,703	108,781	100,149	117,360	109,550	101,606	95,395	112,281	102,550	95,585	93,952	108,211	101,946	96,386	85,384	99,696	96,507	90,274	87,039	100,727	77,866	114,330	52,454
Liabilities and Equity
Accounts payable and accrued expenses
11,759	18,527	18,388	3,803	4,903	2,947	2,139	2,048	2,800	3,506	2,649	2,923	3,220	4,485	3,979	3,323	4,752	4,031	3,760	3,806	3,973	3,291	2,096	2,294	3,613	6,587	3,436	13,602	4,513
Accrued compensation
8,342	32,252	21,291	13,568	6,368	31,470	23,879	15,833	7,862	28,274	20,134	13,232	6,574	23,797	16,459	10,680	5,407	21,786	16,482	10,899	5,291	21,758	15,572	10,282	5,131	17,424	11,334	8,259	3,656
Due to limited partners for purchase of Class B units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,365	-
Notes payable
-	-	-	-	-	-	-	-	749	740	731	1,654	2,419	2,486	2,552	3,588	4,466	4,514	5,152	6,170	4,064	4,124	8,127	8,164	8,198	8,303	9,715	9,606	3,315
Borrowings under credit facility
15,300	16,200	17,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	3,000	-	-	3,000	-	-	-
Borrowings under revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	3,000	-	5,022	7,000	-
Deferred rent
-	-	-	-	-	7,225	7,204	5,997	4,765	3,473	138	242	345	436	528	638	745	852	972	1,086	1,183	1,299	1,422	1,523	1,628	1,742	1,870	2,005	2,268
Operating lease liabilities
39,448	39,848	40,920	41,768	42,785	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease liabilities
160	196	206	160	183	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax and other liabilities
10,358	9,419	9,958	9,458	9,175	9,322	9,692	9,721	9,690	9,248	15,297	15,170	15,207	14,993	15,596	15,341	15,486	15,391	16,042	15,806	-	16,138	-	-	-	-	-	-	-
Deferred tax and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,299	-	16,436	15,737	15,786	15,506	3,759	4,200	565
Total liabilities
85,367	116,442	107,863	68,757	63,414	50,964	42,914	33,599	25,866	45,241	38,949	33,221	27,765	46,197	39,114	33,570	30,856	46,574	42,408	37,767	30,810	46,634	46,653	41,000	37,356	52,562	35,136	80,037	14,317
Redeemable partners capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102,017
Notes receivable from partners
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,410
Total redeemable partners capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98,607
Commitments and Contingencies (Note 10)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding, as of March 31, 2020 and December 31, 2019
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid-In Capital
50,040	49,246	48,238	44,188	43,696	43,584	42,682	42,450	42,203	41,606	41,555	41,428	41,409	41,260	41,235	41,126	41,116	40,951	40,591	40,298	39,255	39,175	-	-	-	39,003	-	-	-
Additional Paid-In Capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39,137	39,026	39,003	-	33,405	25,981	-
Retained earnings
19,660	15,648	14,608	13,332	12,761	12,330	10,614	9,620	8,446	7,359	8,416	7,519	6,634	5,916	5,600	5,069	5,106	4,758	4,843	4,467	3,688	3,217	3,028	2,588	2,140	2,099	734	-	-
Partners capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47,904
Excess of liabilities, redeemable partners capital and partners capital over assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108,374
Total Silvercrest Asset Management Group Inc.’s equity
69,842	65,036	62,989	57,653	56,590	56,047	53,429	52,201	50,779	49,095	50,102	49,076	48,172	47,305	46,963	46,321	46,347	45,835	45,560	44,890	43,066	42,516	42,288	41,736	41,265	41,222	34,259	26,094	-60,470
Non-controlling interests
33,952	32,771	32,246	24,875	26,450	26,352	24,360	22,981	23,504	23,024	20,499	19,309	19,458	18,779	16,473	15,694	16,749	15,802	13,978	13,729	11,508	10,546	7,566	7,538	8,418	6,943	8,471	8,199	-
Total equity
103,794	97,807	95,235	82,528	83,040	82,399	77,789	75,182	74,283	72,119	70,601	68,385	67,630	66,084	63,436	62,015	63,096	61,637	59,538	58,619	54,574	53,062	49,854	49,274	49,683	48,165	42,730	34,293	-60,470
Total liabilities and equity
189,161	214,249	203,098	151,285	146,454	133,363	120,703	108,781	100,149	117,360	109,550	101,606	95,395	112,281	102,550	95,585	93,952	108,211	101,946	96,386	85,384	99,696	96,507	90,274	87,039	100,727	77,866	114,330	52,454
Class A Common Stock
Class A common stock, par value $0.01, 50,000,000 shares authorized; 9,505,765 and 9,329,879 issued and outstanding, as of March 31, 2020 and December 31, 2019, respectively
95	93	92	86	85	85	-	-	-	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total equity
95	93	92	86	85	85	-	-	-	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Common Stock
Class A common stock, par value $0.01, 50,000,000 shares authorized; 9,505,765 and 9,329,879 issued and outstanding, as of March 31, 2020 and December 31, 2019, respectively
47	49	51	47	48	48	-	-	-	49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total equity
47	49	51	47	48	48	-	-	-	49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-