Notes Receivable From Employees
|6 Months Ended|
Jun. 30, 2021
|BRIDGE INVESTMENT GROUP HOLDINGS LLC [Member]|
|Related Party Transaction [Line Items]|
|Notes Receivable From Employees||
During the six months ended June 30, 2021, the Company entered into long-term loans to allow employees the opportunity to investment in the Operating Company. As of June 30, 2021, the Company had multiple notes with employees with an aggregate outstanding principal amount of $
1.7 million. These notes are long-term in nature and accrue interest at 4.025%.
The Company had an immaterial interest receivable from these notes as of
As of December 31, 2020, the Company had multiple notes with employees with an aggregate outstanding principal amount of
$7.4 million. These notes were short-term in nature and accrued interest at 4.025%. During the first quarter of 2021 all of the notes from employees were repaid. The Company had interest receivable from balances on these notes as of December 31, 2020 totaling $2,000, which is included in receivables from affiliates in the accompanying condensed combined balance sheets. During the first quarter of 2021 all of the interest receivables from employees were repaid.
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
No definition available.