Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.24.3
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) (88,085)       (2,444)   (80,393) (5,248)
Conversion of profits interest awards 1,857 13   1,844        
Exchange of Class A Units for Class A 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           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 profits interest awards (5,643) 5   (5,648)        
Exchange of Class A Units for Class A 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     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
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) 1,278       12,053   (28,346) 17,571
Exchange of Class A Units for Class A common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement (286) 16 (13) (289)        
Capital contributions from non-controlling interests 16,700           16,700  
Share-based compensation, net of forfeitures 35,166 24   15,963     531 18,648
Distributions (60,967)           (16,742) (44,225)
Dividends (12,894)       (12,894)      
Foreign currency translation adjustment 269         269    
Reallocation of equity (1,667)     (1,265)     1,400 (1,802)
Ending balance at Sep. 30, 2024 522,947 418 793 102,739 (15,306) 133 264,797 169,373
Beginning balance at Jun. 30, 2024 525,775 416 794 99,545 (14,632) (109) 269,441 170,320
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 10,583       4,666   (251) 6,168
Exchange of Class A Units for Class A common stock including the deferred tax effect and amounts payable under the Tax Receivable Agreement (3) 1   (4)        
Capital contributions from non-controlling interests 718           718  
Share-based compensation, net of forfeitures 10,624 1 (1) 4,931     174 5,519
Distributions (19,652)           (5,285) (14,367)
Dividends (5,340)       (5,340)      
Foreign currency translation adjustment 242         242    
Reallocation of equity 0     (1,733)       1,733
Ending balance at Sep. 30, 2024 $ 522,947 $ 418 $ 793 $ 102,739 $ (15,306) $ 133 $ 264,797 $ 169,373