Quarterly report pursuant to Section 13 or 15(d)

Condensed Combined Statements of Operations

v3.21.2
Condensed Combined Statements of Operations - BRIDGE INVESTMENT GROUP HOLDINGS LLC [Member] - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 71,974 $ 55,142 $ 130,523 $ 108,850
Investment income:        
Incentive fees     910  
Performance allocations        
Realized gains 35,629 5,324 41,185 9,435
Unrealized gains (losses) 43,248 (21,435) 57,967 (2,618)
Earnings (losses) from investments in real estate 980 (178) 976 (590)
Total investment income 79,857 (16,289) 101,038 6,227
Expenses:        
Employee compensation and benefits 42,306 19,839 69,457 44,532
Incentive fee compensation     82  
Performance allocations compensation        
Realized gains 3,747 517 4,241 905
Unrealized gains (losses) 6,048 (2,424) 7,477 (144)
Loss and loss adjustment expenses 2,132 1,096 2,917 1,678
Third-party operating expenses 6,117 7,083 14,743 15,643
General and administrative expenses 5,392 4,070 9,492 8,761
Depreciation and amortization 727 672 1,480 1,344
Total expenses 66,469 30,853 109,889 72,719
Other income (expense)        
Net realized and unrealized gains 300 152 6,097 807
Interest income 557 231 1,165 603
Interest expense (2,554) (444) (4,140) (925)
Total other income (expense) (1,697) (61) 3,122 485
Income before provision for income taxes 83,665 7,939 124,794 42,843
Income tax provision (424) (170) (834) (182)
Net income 83,241 7,769 123,960 42,661
Net income attributable to non-controlling interests 5,815 4,450 9,764 6,484
Net income attributable to the Company 77,426 3,319 114,196 36,177
Fund Management Fees [Member]        
Revenues:        
Total revenues 34,536 25,723 65,387 51,442
Property Management And Leasing Fees [Member]        
Revenues:        
Total revenues 14,335 14,845 31,081 31,367
Construction Management Fees [Member]        
Revenues:        
Total revenues 2,065 2,215 3,891 3,777
Development Fees [Member]        
Revenues:        
Total revenues 1,163 373 1,549 577
Transaction Fees [Member]        
Revenues:        
Total revenues 16,242 8,294 21,568 15,639
Insurance Premiums [Member]        
Revenues:        
Total revenues 2,022 1,349 3,916 2,505
Other Asset Management And Property Income [Member]        
Revenues:        
Total revenues $ 1,611 $ 2,343 $ 3,131 $ 3,543