Annual report pursuant to Section 13 and 15(d)

Consolidated and Combined Statements of Changes in Equity

v3.24.0.1
Consolidated and Combined Statements of Changes in 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
 [1]
Net Investment in CCG
Prior to Transactions and IPO
 [1]
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
Non-controlling Interest in CCG or Operating Company
Non-controlling Interest in CCG or Operating Company
Prior to Transactions and IPO
Non-controlling Interest in CCG or Operating Company
Subsequent To Transactions And Initial Public Offering
Non-controlling Interest in Bridge Investment Group Holdings Inc.
Non-controlling Interest in Bridge Investment Group Holdings Inc.
IPO
Non-controlling Interest in Bridge Investment Group Holdings Inc.
Over-Allotment Option
Non-controlling Interest in Bridge Investment Group Holdings Inc.
Subsequent To Transactions And Initial Public Offering
Beginning balance at Dec. 31, 2020 $ 201,471         $ 186,091   $ 0       $ 0 $ 0       $ 0   $ 4     $ 15,376     $ 0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net (loss) income 408,627     $ 129,533 [1]     $ 117,971                               $ 11,562 [1]          
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 23,226       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 (loss) income 272,370                               27,269         88,141     156,960      
Foreign currency translation adjustment (199)                                   (199)                  
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      
Conversion of 2019 profit interest awards 0             8         (8)                              
Tax receivable agreement 972             14       (14) 972                              
Reallocation of equity 0                       (2,229)                       2,229      
Net income subsequent to Transactions and IPO 27,269                                                      
Fair value of non-controlling interest in acquired business 20,053                                         20,053            
Dividends (30,223)                               (30,223)                      
Ending 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 (loss) income (87,406)                               (6,766)         (79,900)     (740)      
Conversion of profits interest awards 1,857             13         1,844                              
Foreign currency translation adjustment 84                                   84                  
Share-based compensation, net of forfeitures 40,828             21         18,176                 1,219     21,412      
Capital contributions 17,877                                         17,877            
Distributions prior to Transactions and IPO (133,849)                                         (41,853)     (91,996)      
Settlement of accrued performance allocations compensation liability with equity 0                                                      
Tax receivable agreement (2,667)             49       (47) (2,669)                              
Reallocation of equity 0                       7,040                       (7,040)      
Net income subsequent to Transactions and IPO (6,766)                                                      
Fair value of non-controlling interest in acquired business 84,234                                         84,234            
Dividends (21,929)                               (21,929)                      
Ending balance at Dec. 31, 2023 $ 545,348             $ 378       $ 806 $ 88,330       $ (14,465)   $ (136)     $ 291,254     $ 179,181      
[1] For a description of the Transactions related to our initial public offering (“IPO”) refer to Note 1, “Organization.”