Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 61,966 $ 57,702
Restricted cash 10,344 9,558
Marketable securities, at fair value 20,107 19,838
Receivables from affiliates 45,890 44,370
Notes receivable from affiliates 43,143 48,275
Other assets 96,946 82,102
Other investments 186,139 203,661
Accrued performance allocations 320,323 381,993
Intangible assets, net 135,917 140,198
Goodwill 233,584 233,584
Deferred tax assets, net 70,192 67,537
Total assets 1,224,551 1,288,818
Liabilities and equity    
Accrued performance allocations compensation 56,626 55,488
Accrued compensation and benefits 23,735 35,428
Accounts payable and accrued expenses 38,561 35,072
Due to affiliates 72,304 69,543
General Partner Notes Payable, at fair value 3,231 3,355
Insurance loss reserves 13,849 12,684
Self-insurance reserves and unearned premiums 3,990 2,917
Line of credit 15,500 34,000
Other liabilities 45,893 48,386
Notes payable 446,779 446,597
Total liabilities 720,468 743,470
Commitments and contingencies (Note 17) 0 0
Shareholdersʼ equity:    
Preferred stock, $0.01 par value, 20,000,000 authorized; 0 issued and outstanding as of March 31, 2024 and December 31, 2023 0 0
Additional paid-in capital 94,885 88,330
Accumulated deficit (7,229) (14,465)
Accumulated other comprehensive loss (187) (136)
Bridge Investment Group Holdings Inc. equity 88,679 74,913
Total equity 504,083 545,348
Total liabilities and equity 1,224,551 1,288,818
Class A Common Stock    
Shareholdersʼ equity:    
Common stock 410 378
Class B Common Stock    
Shareholdersʼ equity:    
Common stock 800 806
Bridge Investment Group Holdings LLC    
Assets    
Accrued performance allocations 320,323 381,993
Shareholdersʼ equity:    
Non-controlling interests 249,759 291,254
Bridge Investment Group Holdings Inc.    
Shareholdersʼ equity:    
Non-controlling interests $ 165,645 $ 179,181