Annual report pursuant to Section 13 and 15(d)

Consolidated and Combined Statements of Changes in Shareholders'/Members' Equity

v3.22.4
Consolidated and Combined Statements of Changes in Shareholders'/Members' Equity - USD ($)
$ in Thousands
Total
IPO
Over-Allotment Option
Prior to Transactions and IPO
Subsequent To Transactions And Initial Public Offering
Net Investment in CCG
Net Investment in CCG
Prior to Transactions and IPO
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
IPO
Common Stock
Class A Common Stock
Over-Allotment Option
Common Stock
Class A Common Stock
Subsequent To Transactions And Initial Public Offering
Common Stock
Class B Common Stock
Additional Paid-In Capital
Additional Paid-In Capital
IPO
Additional Paid-In Capital
Over-Allotment Option
Additional Paid-In Capital
Subsequent To Transactions And Initial Public Offering
Retained Earnings
Retained Earnings
Subsequent To Transactions And Initial Public Offering
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Prior to Transactions and IPO
Accumulated Other Comprehensive Income (Loss)
Subsequent To Transactions And Initial Public Offering
NCI in Operating Company or CCG
NCI in Operating Company or CCG
Prior to Transactions and IPO
NCI in Operating Company or CCG
Subsequent To Transactions And Initial Public Offering
NCI in Bridge Investment Group Holdings Inc.
NCI in Bridge Investment Group Holdings Inc.
IPO
NCI in Bridge Investment Group Holdings Inc.
Over-Allotment Option
NCI in Bridge Investment Group Holdings Inc.
Subsequent To Transactions And Initial Public Offering
Beginning balance at Dec. 31, 2019 $ 190,325         $ 174,465 [1]   $ 0       $ 0 $ 0       $ 0   $ 0     $ 15,860 [2]     $ 0 [3]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net income 166,457         146,922 [1]                               19,535 [2]            
Foreign currency translation adjustment 4                                   4                  
Share-based compensation, net of forfeitures 6,158         5,714 [1]                               444 [2]            
Capital contributions 145                                         145 [2]            
Repurchase of membership interests prior to Transactions and IPO (6,859)         (6,818) [1]                               (41) [2]            
Settlement of accrued performance allocations compensation liability with equity 0                                                      
Distributions subsequent to Transactions and IPO (154,759)         (134,192) [1]                               (20,567) [2]            
Ending balance at Dec. 31, 2020 201,471         186,091 [1]   0       0 0       0   4     15,376 [2]     0 [3]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net income 408,627     $ 129,533 [4]     $ 117,971 [4]                               $ 11,562 [4]          
Foreign currency translation adjustment (25)     (4) $ (21)                             $ (4) $ (21)              
Share-based compensation, net of forfeitures       15,679 5,829   14,704       $ 1         $ 1,298             975 $ 9       $ 4,521
Capital contributions       745 398   422                               323 398        
Distributions prior to Transactions and IPO       (193,459)     (176,273)                               (17,186)          
Repurchase of membership interests prior to Transactions and IPO       $ (110)     (68)                               (42)          
Settlement of accrued performance allocations compensation liability with equity 14,247         14,247                                            
Recognition of non-controlling interests in certain subsidiaries concurrent with Transactions and IPO 0           $ (142,986)                               $ 142,986          
Derecognition of Bridge Debt Strategies Fund GP LLC 2,337         2,337                                            
Effects of Transactions and purchase of Operating Company Class A Units 0         (16,445)   28       975 15,442                              
Issuance of Class A common stock, net of underwriting discount and issuance costs   $ 137,318 $ 0           $ 187 $ 14       $ 277,006 $ 18,174                     $ (139,875) $ (18,188)  
Purchase of membership interests in the Operating Company 0                     (108) (157,955)                       158,063      
Tax receivable agreement 18,711                       18,711                              
Equity reallocation between controlling and non-controlling interests subsequent to Transactions and IPO 0                             $ (119,149)                       119,149
Net income subsequent to Transactions and IPO         279,094                         $ 23,226           144,360       111,508
Distributions subsequent to Transactions and IPO         $ (55,989)                                     $ (26,279)       $ (29,710)
Dividends (6,042)                               (6,042)                      
Ending balance at Dec. 31, 2021 549,737         $ 0   230       867 53,527       17,184   (21)     272,482     205,468      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net income 272,370                               27,269         88,141     156,960      
Foreign currency translation adjustment (199)                                   (199)                  
Conversion of 2019 profits interest awards 0             8         (8)                              
Share-based compensation, net of forfeitures 32,144             43         11,677                 1,397     19,027      
Capital contributions 213                                         213            
Distributions prior to Transactions and IPO (213,678)                                         (72,609)     (141,069)      
Settlement of accrued performance allocations compensation liability with equity 0                                                      
Issuance of Class A common stock, net of underwriting discount and issuance costs 14,930                                               14,930      
Tax receivable agreement 972             14       (14) 972                              
Fair value of non-controlling interest in acquired business 20,053                                         20,053            
Dividends (30,223)                               (30,223)                      
Reallocation of equity 0                       (2,229)                       2,229      
Ending balance at Dec. 31, 2022 $ 646,319             $ 295       $ 853 $ 63,939       $ 14,230   $ (220)     $ 309,677     $ 257,545      
[1] Net investment in Common Control Group (“CCG”).
[2] Non-controlling interest (“NCI”), in Bridge Investment Group Holdings LLC or CCG.
[3] NCI in Bridge Investment Group Holdings Inc.
[4] For a description of the Transactions related to our initial public offering (“IPO”) refer to Note 1, “Organization.”