Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.22.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 102,777 $ 78,417
Restricted cash 7,401 5,455
Marketable securities, at fair value 10,777 8,035
Receivables from affiliates 34,186 35,379
Notes receivable from affiliates 66,104 118,508
Other assets 44,836 44,463
Other investments 73,395 44,006
Accrued performance allocations 575,527 439,548
Intangible assets, net 5,862 3,441
Goodwill 55,982 9,830
Deferred tax assets, net 65,221 59,210
Total assets 1,042,068 846,292
Liabilities and shareholdersʼ equity    
Accrued performance allocations compensation 58,688 41,020
Accrued compensation and benefits 28,655 15,107
Accounts payable and accrued expenses 25,221 13,586
Due to affiliates 51,302 46,134
General Partner notes payable, at fair value 12,364 12,003
Insurance loss reserves 8,540 8,086
Self-insurance reserves and unearned premiums 3,515 3,504
Other liabilities 24,430 8,973
Notes payable 148,356 148,142
Total liabilities 361,071 296,555
Commitments and contingencies (Note 17) 0 0
Shareholdersʼ equity:    
Preferred stock, $0.01 par value, 20,000,000 authorized, 0 issued and outstanding as of June 30, 2022 and December 31, 2021 0 0
Additional paid-in capital 60,962 53,527
Retained earnings 26,364 17,184
Accumulated other comprehensive loss (25) (21)
Bridge Investment Group Holdings Inc. equity 88,449 71,787
Total shareholdersʼ equity 680,997 549,737
Total liabilities and shareholdersʼ equity 1,042,068 846,292
Class A Common Stock    
Shareholdersʼ equity:    
Common stock, par value $0.01 per share 291 230
Class B Common Stock    
Shareholdersʼ equity:    
Common stock, par value $0.01 per share 857 867
Bridge Investment Group Holdings LLC    
Assets    
Notes receivable from affiliates 66,104 118,508
Accrued performance allocations 575,527 439,548
Goodwill 56,000 9,800
Liabilities and shareholdersʼ equity    
Insurance loss reserves 8,500 8,100
Shareholdersʼ equity:    
Non-controlling interests 323,141 272,482
Bridge Investment Group Holdings Inc.    
Shareholdersʼ equity:    
Non-controlling interests $ 269,407 $ 205,468