Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 57,702 $ 183,576
Restricted cash 9,558 9,689
Marketable securities, at fair value 19,838 14,614
Receivables from affiliates 44,370 53,804
Notes receivable from affiliates 48,275 67,244
Other assets 82,102 70,466
Other investments 203,661 85,456
Accrued performance allocations 381,993 554,723
Intangible assets, net 140,198 4,894
Goodwill 233,584 55,982
Deferred tax assets, net 67,537 54,387
Total assets 1,288,818 1,154,835
Liabilities and equity    
Accrued performance allocations compensation 55,488 66,754
Accrued compensation and benefits 35,428 15,643
Accounts payable and accrued expenses 35,072 24,942
Due to affiliates 69,543 51,966
General Partner Notes Payable, at fair value 3,355 8,633
Insurance loss reserves 12,684 9,445
Self-insurance reserves and unearned premiums 2,917 3,453
Line of credit 34,000 0
Other liabilities 48,386 30,386
Notes payable 446,597 297,294
Total liabilities 743,470 508,516
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, 2023 and 2022, respectively 0 0
Additional paid-in capital 88,330 63,939
(Accumulated deficit) retained earnings (14,465) 14,230
Accumulated other comprehensive loss (136) (220)
Bridge Investment Group Holdings Inc. equity 74,913 79,097
Total equity 545,348 646,319
Total liabilities and equity 1,288,818 1,154,835
Class A Common Stock    
Shareholdersʼ equity:    
Common stock, $0.01 par value 378 295
Class B Common Stock    
Shareholdersʼ equity:    
Common stock, $0.01 par value 806 853
Bridge Investment Group Holdings LLC    
Assets    
Accrued performance allocations 381,993 554,723
Goodwill 233,600 56,000
Liabilities and equity    
Due to affiliates 69,500 52,000
Insurance loss reserves 12,700 9,400
Shareholdersʼ equity:    
Non-controlling interests 291,254 309,677
Bridge Investment Group Holdings Inc.    
Shareholdersʼ equity:    
Non-controlling interests $ 179,181 $ 257,545