Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.23.3
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Common Stock
Common Class A
Common Stock
Class B Common Stock
Additional Paid-In Capital
Retained Earnings / (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interest in Bridge Investment Group Holdings LLC
NCI in Bridge Investment Group Holdings Inc.
Beginning balance at Dec. 31, 2021 $ 549,737   $ 230 $ 867 $ 53,527 $ 17,184 $ (21) $ 272,482 $ 205,468
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 254,126         27,710   87,842 138,574
Conversion of profit interest awards 0   8   (8)        
Exchange of Class A Units for Class A common stock and redemption of corresponding Class B common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement 778   11 (11) 778        
Issuance of Class A Units for acquisition 14,930               14,930
Fair value of non-controlling interest in acquired business 20,053             20,053  
Capital contributions from non-controlling interests 213             213  
Share-based compensation, net of forfeitures 23,442   43   8,046     836 14,517
Distributions (177,710)             (69,130) (108,580)
Dividends (22,392)         (22,392)      
Foreign currency translation adjustment (166)           (166)    
Reallocation of equity 0       (1,099)       1,099
Ending balance at Sep. 30, 2022 663,011   292 856 61,244 22,502 (187) 312,296 266,008
Beginning balance at Jun. 30, 2022 680,997   291 857 60,962 26,364 (25) 323,141 269,407
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 32,241         4,999   1,381 25,861
Exchange of Class A Units for Class A common stock and redemption of corresponding Class B common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement (2)   1 (1) (2)        
Capital contributions from non-controlling interests 12             12  
Share-based compensation, net of forfeitures 9,624       4,358     822 4,444
Distributions (50,838)             (13,060) (37,778)
Dividends (8,861)         (8,861)      
Foreign currency translation adjustment (162)           (162)    
Reallocation of equity 0       (4,074)       4,074
Ending balance at Sep. 30, 2022 663,011   292 856 61,244 22,502 (187) 312,296 266,008
Beginning balance at Dec. 31, 2022 646,319   295 853 63,939 14,230 (220) 309,677 257,545
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (88,085)         (2,444)   (80,393) (5,248)
Conversion of profit interest awards 1,857   13   1,844        
Exchange of Class A Units for Class A common stock and redemption of corresponding Class B common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement (150)   13 (11) (152)        
Fair value of non-controlling interest in acquired business 86,365             86,365  
Capital contributions from non-controlling interests 16,845                
Share-based compensation, net of forfeitures 31,134   23 (1) 13,485     1,007 16,620
Distributions (106,727)             (33,359) (73,368)
Dividends (16,196)         (16,196)      
Foreign currency translation adjustment 85           85    
Reallocation of equity 0       (56)       56
Ending balance at Sep. 30, 2023 571,447   344 841 79,060 (4,410) (135) 300,142 195,605
Beginning balance at Jun. 30, 2023 615,661   328 851 83,374 1,101 (155) 321,247 208,915
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (17,894)         294   (19,958) 1,770
Conversion of profit interest awards (5,643) $ 5     (5,648)        
Exchange of Class A Units for Class A common stock and redemption of corresponding Class B common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement (153)   11 (10) (154)        
Capital contributions from non-controlling interests 12,616             12,616  
Share-based compensation, net of forfeitures 10,655     0 4,817     209 5,629
Distributions (38,010)             (13,972) (24,038)
Dividends (5,805)         (5,805)      
Foreign currency translation adjustment 20           20    
Reallocation of equity 0       (3,329)       3,329
Ending balance at Sep. 30, 2023 $ 571,447   $ 344 $ 841 $ 79,060 $ (4,410) $ (135) $ 300,142 $ 195,605