Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

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Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Class A Common Stock
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
Non-controlling Interest in Bridge Investment Group Holdings Inc.
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) (70,192)       (2,738)   (60,435) (7,019)
Conversion of profits interest awards 7,500 8   7,492        
Exchange of Class A Units for Class A common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement 3 2 (1) 2        
Fair value of non-controlling interest in acquired business 86,365           86,365  
Capital contributions from non-controlling interests 4,229           4,229  
Share-based compensation, net of forfeitures 20,479 23 (1) 8,667     798 10,992
Distributions (68,716)           (19,387) (49,329)
Dividends (10,391)       (10,391)      
Foreign currency translation adjustment 65         65    
Reallocation of equity 0     3,274       (3,274)
Ending balance at Jun. 30, 2023 615,661 328 851 83,374 1,101 (155) 321,247 208,915
Beginning balance at Mar. 31, 2023 641,597 327 853 73,104 10,723 (133) 336,586 220,137
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (2,760)       (4,772)   (4,186) 6,198
Conversion of profits interest awards 7,500     7,500        
Exchange of Class A Units for Class A common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement (20) 1 (1) (20)        
Fair value of non-controlling interest in acquired business 2,168           2,168  
Capital contributions from non-controlling interests 4,218           4,218  
Share-based compensation, net of forfeitures 11,119   (1) 5,511     436 5,173
Distributions (43,289)           (17,975) (25,314)
Dividends (4,850)       (4,850)      
Foreign currency translation adjustment (22)         (22)    
Reallocation of equity 0     (2,721)       2,721
Ending balance at Jun. 30, 2023 615,661 328 851 83,374 1,101 (155) 321,247 208,915
Beginning balance at Dec. 31, 2023 545,348 378 806 88,330 (14,465) (136) 291,254 179,181
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (9,305)       7,387   (28,095) 11,403
Exchange of Class A Units for Class A common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement (282) 15 (12) (285)        
Capital contributions from non-controlling interests 15,982           15,982  
Share-based compensation, net of forfeitures 24,542 23   11,032     357 13,130
Distributions (41,276)           (11,457) (29,819)
Dividends (7,554)       (7,554)      
Foreign currency translation adjustment 27         27    
Reallocation of equity (1,707)     468     1,400 (3,575)
Ending balance at Jun. 30, 2024 525,775 416 794 99,545 (14,632) (109) 269,441 170,320
Beginning balance at Mar. 31, 2024 504,083 410 800 94,885 (7,229) (187) 249,759 165,645
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 27,494       (2,431)   13,825 16,100
Exchange of Class A Units for Class A common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement (155) 6 (6) (155)        
Capital contributions from non-controlling interests 10,987           10,987  
Share-based compensation, net of forfeitures 12,732     5,558     176 6,998
Distributions (24,472)           (5,306) (19,166)
Dividends (4,972)       (4,972)      
Foreign currency translation adjustment 78         78    
Reallocation of equity 0     (743)       743
Ending balance at Jun. 30, 2024 $ 525,775 $ 416 $ 794 $ 99,545 $ (14,632) $ (109) $ 269,441 $ 170,320