Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 47,860 $ 183,576
Restricted cash 9,894 9,689
Marketable securities, at fair value 12,800 14,614
Receivables from affiliates 48,547 53,804
Notes receivable from affiliates 54,175 67,244
Other assets 89,091 70,466
Other investments 200,483 85,456
Accrued performance allocations 377,474 554,723
Intangible assets, net 144,532 4,894
Goodwill 233,365 55,982
Deferred tax assets, net 60,208 54,387
Total assets 1,278,429 1,154,835
Liabilities and equity    
Accrued performance allocations compensation 49,317 66,754
Accrued compensation and benefits 20,902 15,643
Accounts payable and accrued expenses 24,290 24,942
Due to affiliates 55,029 51,966
General Partner Notes Payable, at fair value 4,165 8,633
Insurance loss reserves 9,239 9,445
Self-insurance reserves and unearned premiums 3,930 3,453
Line of credit 50,000 0
Other liabilities 44,029 30,386
Notes payable 446,081 297,294
Total liabilities 706,982 508,516
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, 2023 and December 31, 2022 0 0
Additional paid-in capital 79,060 63,939
(Accumulated deficit) retained earnings (4,410) 14,230
Accumulated other comprehensive loss (135) (220)
Bridge Investment Group Holdings Inc. equity 75,700 79,097
Total equity 571,447 646,319
Total liabilities and equity 1,278,429 1,154,835
Common Class A    
Shareholdersʼ equity:    
Common stock, par value $0.01 per share 344 295
Class B Common Stock    
Shareholdersʼ equity:    
Common stock, par value $0.01 per share 841 853
Bridge Investment Group Holdings LLC    
Assets    
Accrued performance allocations 377,474 554,723
Goodwill 233,400 56,000
Deferred tax assets, net 59,600 53,900
Liabilities and equity    
Insurance loss reserves 9,200 9,400
Self-insurance reserves and unearned premiums 3,900 3,500
Shareholdersʼ equity:    
Non-controlling interests 300,142 309,677
Bridge Investment Group Holdings Inc.    
Shareholdersʼ equity:    
Non-controlling interests $ 195,605 $ 257,545