Quarterly report pursuant to Section 13 or 15(d)

(LOSS) EARNINGS PER SHARE (Tables)

v3.23.1
(LOSS) EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share of Class A Common Stock
The following table presents our (loss) earnings per share for the three months ended March 31, 2023 and 2022 (in thousands, except per share amounts):
Three Months Ended March 31,
2023 2022
Net income attributable to Bridge Investment Group Holdings Inc. $ 2,034  $ 9,780 
Less:
Income allocated to Restricted Stock and RSUs —  (695)
Distributions on Restricted Stock and RSUs (1,306) (1,071)
Net income available to Class A common shareholders - basic $ 728  $ 8,014 
Incremental net loss from assumed exchange of Class A units (17,279) — 
Net (loss) income available to Class A Common Stockholders, diluted (16,551) 8,014 
Denominator:
Weighted-average shares of Class A common stock outstanding - basic 25,068,319  23,138,030 
Incremental shares from assumed exchange of Class A units 98,813,181  — 
Weighted-average shares of Class A common stock outstanding - diluted 123,881,500  23,138,030 
Earnings per share of Class A common stock - basic $ 0.03  $ 0.35 
(Loss) earnings per share of Class A common stock - diluted $ (0.13) $ 0.35