Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 183,576 $ 78,417
Restricted cash 9,689 5,455
Marketable securities, at fair value 14,614 8,035
Receivables from affiliates 53,804 35,379
Notes receivable from affiliates 67,244 118,508
Other assets 70,466 44,463
Other investments 85,456 44,006
Accrued performance allocations 554,723 439,548
Intangible assets, net 4,894 3,441
Goodwill 55,982 9,830
Deferred tax assets, net 54,387 59,210
Total assets 1,154,835 846,292
Liabilities and shareholdersʼ equity    
Accrued performance allocations compensation 66,754 41,020
Accrued compensation and benefits 15,643 15,107
Accounts payable and accrued expenses 24,942 13,586
Due to affiliates 51,966 46,134
General Partner Notes Payable, at fair value 8,633 12,003
Insurance loss reserves 9,445 8,086
Self-insurance reserves and unearned premiums 3,453 3,504
Other liabilities 30,386 8,973
Notes payable 297,294 148,142
Total liabilities 508,516 296,555
Commitments and contingencies (Note 18)
Shareholdersʼ equity:    
Preferred stock, $0.01 par value, 20,000,000 authorized, 0 issued and outstanding as of December 31, 2022 and 2021, respectively 0 0
Additional paid-in capital 63,939 53,527
Retained earnings 14,230 17,184
Accumulated other comprehensive loss (220) (21)
Bridge Investment Group Holdings Inc. equity 79,097 71,787
Total shareholdersʼ equity 646,319 549,737
Total liabilities and shareholdersʼ equity 1,154,835 846,292
Class A Common Stock    
Shareholdersʼ equity:    
Common stock, $0.01 par value 295 230
Class B Common Stock    
Shareholdersʼ equity:    
Common stock, $0.01 par value 853 867
Bridge Investment Group Holdings LLC    
Assets    
Accrued performance allocations 554,723 439,548
Goodwill 56,000 9,800
Liabilities and shareholdersʼ equity    
Insurance loss reserves 9,400 8,100
Shareholdersʼ equity:    
Non-controlling interests 309,677 272,482
Bridge Investment Group Holdings Inc.    
Shareholdersʼ equity:    
Non-controlling interests $ 257,545 $ 205,468