Quarterly report pursuant to Section 13 or 15(d)

Condensed Combined Balance Sheets

v3.21.2
Condensed Combined Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Apr. 02, 2021
Dec. 31, 2020
BRIDGE INVESTMENT GROUP HOLDINGS INC [Member]      
Current assets      
Cash and cash equivalents $ 100 $ 100  
Total assets 100 100  
Stockholder's equity      
Common stock, par value $0.01 per share, 100 shares issued and outstanding 1 1  
Additional paid-in-capital 99 99  
Total stockholders' equity 100 $ 100  
BRIDGE INVESTMENT GROUP HOLDINGS LLC [Member]      
Current assets      
Cash and cash equivalents 61,548   $ 101,830
Restricted cash 5,609   5,524
Marketable securities 5,133   5,053
Receivables from affiliates 22,309   25,481
Notes receivable from affiliates 10,335   40,795
Notes receivable from employees     7,431
Prepaid and other current assets 5,504   5,184
Total current assets 110,438   191,298
Investments (including accrued performance allocation of $246,620 and $199,410 at June 30, 2021 and December 31, 2020, respectively) 281,671   215,427
Long-term notes receivable from employees 1,739    
Tenant improvements, furniture and equipment – Less accumulated depreciation of $3,222 and $2,686 at June 30, 2021 and December 31, 2020, respectively 3,943   4,158
Intangible assets - Less accumulated amortization of $11,744 and $10,988 at June 30, 2021 and December 31, 2020, respectively 4,154   4,910
Goodwill 9,830   9,830
Other assets 195   389
Total assets 411,970   426,012
Current liabilities:      
Accrued performance allocations compensation 31,136   22,167
Accounts payable and accrued expenses 12,438   11,137
Accrued payroll and benefits 20,006   11,614
General partner notes payable at fair value 15,435   16,458
Insurance loss reserves 4,883   4,436
Self-insurance reserves and unearned premiums 3,457   3,700
Other current liabilities 4,699   4,830
Total current liabilities 92,054   74,342
Long-term notes payable, net 147,927   147,713
Other long-term liabilities 2,348   2,486
Total liabilities 242,329   224,541
Equity:      
Net investment in common control group 157,253   186,091
Non-controlling interest 12,377   15,376
Accumulated other comprehensive income 11   4
Total equity 169,641   201,471
Total liabilities and members' equity $ 411,970   $ 426,012