Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 191,493 $ 78,417
Restricted cash 8,966 5,455
Marketable securities, at fair value 9,509 8,035
Receivables from affiliates 52,895 35,379
Notes receivable from affiliates 65,474 118,508
Other assets 80,888 44,463
Other investments 83,398 44,006
Accrued performance allocations 559,160 439,548
Intangible assets, net 5,378 3,441
Goodwill 55,982 9,830
Deferred tax assets, net 66,275 59,210
Total assets 1,179,418 846,292
Liabilities and shareholdersʼ equity    
Accrued performance allocations compensation 62,752 41,020
Accrued compensation and benefits 18,097 15,107
Accounts payable and accrued expenses 30,621 13,586
Due to affiliates 52,110 46,134
General Partner notes payable, at fair value 9,786 12,003
Insurance loss reserves 9,425 8,086
Self-insurance reserves and unearned premiums 5,268 3,504
Other liabilities 31,184 8,973
Notes payable 297,164 148,142
Total liabilities 516,407 296,555
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 September 30, 2022 and December 31, 2021, respectively 0 0
Additional paid-in capital 61,244 53,527
Retained earnings 22,502 17,184
Accumulated other comprehensive loss (187) (21)
Bridge Investment Group Holdings Inc. equity 84,707 71,787
Total shareholdersʼ equity 663,011 549,737
Total liabilities and shareholdersʼ equity 1,179,418 846,292
Class A Common Stock    
Shareholdersʼ equity:    
Common stock, par value $0.01 per share 292 230
Class B Common Stock    
Shareholdersʼ equity:    
Common stock, par value $0.01 per share 856 867
Bridge Investment Group Holdings LLC    
Assets    
Notes receivable from affiliates 65,474 118,508
Accrued performance allocations 559,160 439,548
Goodwill 56,000 9,800
Liabilities and shareholdersʼ equity    
Insurance loss reserves 9,400 8,100
Self-insurance reserves and unearned premiums 5,300 3,500
Shareholdersʼ equity:    
Non-controlling interests 312,296 272,482
Bridge Investment Group Holdings Inc.    
Shareholdersʼ equity:    
Non-controlling interests $ 266,008 $ 205,468