Consolidated Statements of Financial Condition - USD ($)
$ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Assets |
|
|
| Cash and cash equivalents |
$ 31,562
|
$ 30,820
|
| Restricted certificates of deposit and escrow |
587
|
586
|
| Investments |
32
|
1,307
|
| Receivables, net |
4,502
|
4,534
|
| Due from Silvercrest Funds |
4,330
|
3,797
|
| Furniture, equipment and leasehold improvements, net |
2,425
|
2,354
|
| Goodwill |
24,682
|
20,008
|
| Intangible assets, net |
15,331
|
11,167
|
| Deferred tax asset—tax receivable agreement |
21,498
|
23,000
|
| Prepaid expenses and other assets |
3,262
|
2,123
|
| Total assets |
108,211
|
99,696
|
| Liabilities and Equity |
|
|
| Accounts payable and accrued expenses |
4,031
|
3,291
|
| Accrued compensation |
21,786
|
21,758
|
| Notes payable |
4,514
|
4,124
|
| Borrowings under revolving credit facility |
|
24
|
| Deferred rent |
852
|
1,299
|
| Deferred tax and other liabilities |
15,391
|
16,138
|
| Total liabilities |
$ 46,574
|
$ 46,634
|
| Commitments and Contingencies (Note 10) |
|
|
| Equity |
|
|
| Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding |
|
|
| Additional Paid-In Capital |
$ 40,951
|
$ 39,175
|
| Retained earnings |
4,758
|
3,217
|
| Total Silvercrest Asset Management Group Inc.’s equity |
45,835
|
42,516
|
| Non-controlling interests |
15,802
|
10,546
|
| Total equity |
61,637
|
53,062
|
| Total liabilities and equity |
108,211
|
99,696
|
| Class A Common Stock |
|
|
| Equity |
|
|
| Common stock, value |
80
|
78
|
| Total equity |
80
|
78
|
| Class B Common Stock |
|
|
| Equity |
|
|
| Common stock, value |
46
|
46
|
| Total equity |
$ 46
|
$ 46
|