2022 Q4 Form 10-K Financial Statement
#000185440123000041 Filed on February 27, 2023
Income Statement
Concept | 2022 Q4 | 2022 | 2021 |
---|---|---|---|
Revenue | $95.45M | $409.0M | $330.0M |
YoY Change | -62.69% | 23.95% | 42.28% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $62.80M | $267.0M | $205.4M |
YoY Change | -12.36% | 29.96% | 56.28% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $713.0K | $2.936M | $1.200M |
YoY Change | 9.52% | 144.67% | 20.0% |
% of Gross Profit | |||
Operating Expenses | $70.67M | $302.1M | $249.7M |
YoY Change | -15.0% | 20.96% | 50.28% |
Operating Profit | |||
YoY Change | |||
Interest Expense | -$170.0K | $12.34M | $8.504M |
YoY Change | -56.41% | 45.11% | 68.13% |
% of Operating Profit | |||
Other Income/Expense, Net | $1.246M | $988.0K | $2.406M |
YoY Change | -172.32% | -58.94% | -180.68% |
Pretax Income | $25.85M | $294.6M | $416.9M |
YoY Change | -84.85% | -29.34% | 148.94% |
Income Tax | $7.610M | $22.20M | -$8.262M |
% Of Pretax Income | 29.43% | 7.53% | -1.98% |
Net Earnings | $17.95M | $272.4M | $408.6M |
YoY Change | -77.72% | -33.35% | 145.49% |
Net Earnings / Revenue | 18.8% | 66.59% | 123.82% |
Basic Earnings Per Share | $0.92 | $0.93 | |
Diluted Earnings Per Share | $0.74 | $0.92 | $2.260M |
COMMON SHARES | |||
Basic Shares Outstanding | 23.93M shares | 22.52M shares | |
Diluted Shares Outstanding | 23.93M shares | 22.52M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 | 2021 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $198.2M | $183.6M | $78.42M |
YoY Change | 152.74% | 134.1% | -22.99% |
Cash & Equivalents | $183.6M | $183.6M | $78.42M |
Short-Term Investments | $14.61M | ||
Other Short-Term Assets | $40.32M | ||
YoY Change | 677.72% | ||
Inventory | |||
Prepaid Expenses | |||
Receivables | $53.80M | $53.80M | $35.38M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $237.4M | $237.4M | $154.1M |
YoY Change | 54.03% | 54.03% | 16.32% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $4.126M | ||
YoY Change | -0.77% | ||
Goodwill | $55.98M | ||
YoY Change | 471.24% | ||
Intangibles | $4.894M | ||
YoY Change | 42.23% | ||
Long-Term Investments | $85.46M | $654.8M | $491.6M |
YoY Change | 94.19% | 33.2% | 122.96% |
Other Assets | $64.08M | $64.08M | $64.67M |
YoY Change | -0.91% | -0.91% | 1070.62% |
Total Long-Term Assets | $917.5M | $917.5M | $692.2M |
YoY Change | 32.55% | 32.55% | 135.82% |
TOTAL ASSETS | |||
Total Short-Term Assets | $237.4M | $237.4M | $154.1M |
Total Long-Term Assets | $917.5M | $917.5M | $692.2M |
Total Assets | $1.155B | $1.155B | $846.3M |
YoY Change | 36.46% | 36.46% | 98.65% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $24.94M | $24.94M | $13.59M |
YoY Change | 83.59% | 83.59% | 21.99% |
Accrued Expenses | $82.40M | $82.40M | $56.13M |
YoY Change | 46.8% | 46.8% | 66.15% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $107.3M | $107.3M | $69.71M |
YoY Change | 53.97% | 53.97% | 55.2% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $297.3M | $297.3M | $148.1M |
YoY Change | 100.68% | 100.68% | 0.29% |
Other Long-Term Liabilities | $103.9M | $103.9M | $78.70M |
YoY Change | 32.0% | 32.0% | 146.63% |
Total Long-Term Liabilities | $401.2M | $401.2M | $226.8M |
YoY Change | 76.85% | 76.85% | 26.29% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $107.3M | $107.3M | $69.71M |
Total Long-Term Liabilities | $401.2M | $401.2M | $226.8M |
Total Liabilities | $508.5M | $1.076B | $774.5M |
YoY Change | -34.34% | 38.89% | 222.82% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $14.23M | ||
YoY Change | -17.19% | ||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $79.10M | $79.10M | $71.79M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.155B | $1.155B | $846.3M |
YoY Change | 36.46% | 36.46% | 98.65% |
Cashflow Statement
Concept | 2022 Q4 | 2022 | 2021 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $17.95M | $272.4M | $408.6M |
YoY Change | -77.72% | -33.35% | 145.49% |
Depreciation, Depletion And Amortization | $713.0K | $2.936M | $1.200M |
YoY Change | 9.52% | 144.67% | 20.0% |
Cash From Operating Activities | $45.91M | $228.4M | $209.2M |
YoY Change | -18.54% | 9.14% | 60.82% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $2.602M | $3.228M | -$1.121M |
YoY Change | -1241.23% | -387.96% | 327.86% |
Acquisitions | $15.09M | $30.00M | |
YoY Change | -49.7% | ||
Other Investing Activities | -$6.695M | -$18.66M | -$113.1M |
YoY Change | -94.77% | -83.51% | 137.93% |
Cash From Investing Activities | -$9.297M | -$21.88M | -$114.3M |
YoY Change | -92.76% | -80.85% | 138.97% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -43.81M | -$97.08M | -118.4M |
YoY Change | 15.53% | -18.04% | 238.04% |
NET CHANGE | |||
Cash From Operating Activities | 45.91M | $228.4M | 209.2M |
Cash From Investing Activities | -9.297M | -$21.88M | -114.3M |
Cash From Financing Activities | -43.81M | -$97.08M | -118.4M |
Net Change In Cash | -7.194M | $109.4M | -23.48M |
YoY Change | -93.46% | -565.86% | -149.7% |
FREE CASH FLOW | |||
Cash From Operating Activities | $45.91M | $228.4M | $209.2M |
Capital Expenditures | $2.602M | $3.228M | -$1.121M |
Free Cash Flow | $43.31M | $225.1M | $210.3M |
YoY Change | -23.47% | 7.03% | 61.36% |
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CY2021 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
215000 | usd |
CY2020 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
0 | usd |
CY2022 | brdg |
Performance Allocations Compensation Realized
PerformanceAllocationsCompensationRealized
|
4396000 | usd |
CY2021 | brdg |
Performance Allocations Compensation Realized
PerformanceAllocationsCompensationRealized
|
6611000 | usd |
CY2020 | brdg |
Performance Allocations Compensation Realized
PerformanceAllocationsCompensationRealized
|
4281000 | usd |
CY2022 | brdg |
Performance Allocations Compensation Unrealized
PerformanceAllocationsCompensationUnrealized
|
24870000 | usd |
CY2021 | brdg |
Performance Allocations Compensation Unrealized
PerformanceAllocationsCompensationUnrealized
|
31069000 | usd |
CY2020 | brdg |
Performance Allocations Compensation Unrealized
PerformanceAllocationsCompensationUnrealized
|
8983000 | usd |
CY2022 | brdg |
Loss And Loss Adjustment Expenses
LossAndLossAdjustmentExpenses
|
6520000 | usd |
CY2021 | brdg |
Loss And Loss Adjustment Expenses
LossAndLossAdjustmentExpenses
|
8075000 | usd |
CY2020 | brdg |
Loss And Loss Adjustment Expenses
LossAndLossAdjustmentExpenses
|
3119000 | usd |
CY2022 | brdg |
Third Party Operating Expenses
ThirdPartyOperatingExpenses
|
25675000 | usd |
CY2021 | brdg |
Third Party Operating Expenses
ThirdPartyOperatingExpenses
|
33427000 | usd |
CY2020 | brdg |
Third Party Operating Expenses
ThirdPartyOperatingExpenses
|
28415000 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
41070000 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
24815000 | usd |
CY2020 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
17249000 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2936000 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2830000 | usd |
CY2020 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3214000 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
302096000 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
249749000 | usd |
CY2020 | us-gaap |
Operating Expenses
OperatingExpenses
|
166193000 | usd |
CY2022 | brdg |
Net Realized And Unrealized Gains Losses
NetRealizedAndUnrealizedGainsLosses
|
4215000 | usd |
CY2021 | brdg |
Net Realized And Unrealized Gains Losses
NetRealizedAndUnrealizedGainsLosses
|
9368000 | usd |
CY2020 | brdg |
Net Realized And Unrealized Gains Losses
NetRealizedAndUnrealizedGainsLosses
|
549000 | usd |
CY2022 | us-gaap |
Interest Income Other
InterestIncomeOther
|
7867000 | usd |
CY2021 | us-gaap |
Interest Income Other
InterestIncomeOther
|
3265000 | usd |
CY2020 | us-gaap |
Interest Income Other
InterestIncomeOther
|
1527000 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1246000 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1723000 | usd |
CY2020 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
12340000 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
8504000 | usd |
CY2020 | us-gaap |
Interest Expense
InterestExpense
|
5058000 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
988000 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2406000 | usd |
CY2020 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2982000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
294565000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
416889000 | usd |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
167463000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
22195000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8262000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1006000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
272370000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
408627000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
166457000 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
88141000 | usd |
CY2021 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
155922000 | usd |
CY2020 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
19535000 | usd |
CY2022 | brdg |
Net Income Loss Attributable To Operating Company
NetIncomeLossAttributableToOperatingCompany
|
184229000 | usd |
CY2021 | brdg |
Net Income Loss Attributable To Operating Company
NetIncomeLossAttributableToOperatingCompany
|
252705000 | usd |
CY2020 | brdg |
Net Income Loss Attributable To Operating Company
NetIncomeLossAttributableToOperatingCompany
|
146922000 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.92 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.92 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.93 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.93 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23928408 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23928408 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
22515868 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22515868 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
0 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
0 | shares |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
272370000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
408627000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
166457000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-199000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-25000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
4000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
272171000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
408602000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
166461000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
27070000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
23201000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
0 | usd |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
190325000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
166457000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
4000 | usd |
CY2020 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
145000 | usd |
CY2020 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6158000 | usd |
CY2020 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
6859000 | usd |
CY2020 | us-gaap |
Dividends
Dividends
|
154759000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
201471000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
201471000 | usd |
CY2021 | brdg |
Settlement Of Accrued Performance Allocations Compensation Liability With Equity
SettlementOfAccruedPerformanceAllocationsCompensationLiabilityWithEquity
|
14247000 | usd |
CY2021 | brdg |
Recognition Of Noncontrolling Interests In Certain Subsidiaries Concurrent With Transactions And Initial Public Offering
RecognitionOfNoncontrollingInterestsInCertainSubsidiariesConcurrentWithTransactionsAndInitialPublicOffering
|
0 | usd |
CY2021 | brdg |
Derecognition Of Bridge Debt Strategies Fund Gpllc
DerecognitionOfBridgeDebtStrategiesFundGPLLC
|
2337000 | usd |
CY2021 | brdg |
Effects Of Transactions And Purchase Of Operating Company Class A Units
EffectsOfTransactionsAndPurchaseOfOperatingCompanyClassAUnits
|
0 | usd |
CY2021 | brdg |
Purchase Of Membership Interests In Operating Company
PurchaseOfMembershipInterestsInOperatingCompany
|
0 | usd |
CY2021 | brdg |
Deferred Tax Effect Resulting From Purchase Of Class A Units Net Of Amount Payable Under Tax Receivable Agreement
DeferredTaxEffectResultingFromPurchaseOfClassAUnitsNetOfAmountPayableUnderTaxReceivableAgreement
|
18711000 | usd |
CY2021 | brdg |
Equity Reallocation Between Controlling And Noncontrolling Interests
EquityReallocationBetweenControllingAndNoncontrollingInterests
|
0 | usd |
CY2021 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
6042000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
549737000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
549737000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
272370000 | usd |
CY2022 | brdg |
Conversion Of2019 Profit Interest Awards
ConversionOf2019ProfitInterestAwards
|
0 | usd |
CY2022 | brdg |
Deferred Tax Effect Resulting From Purchase Of Class A Units Net Of Amount Payable Under Tax Receivable Agreement
DeferredTaxEffectResultingFromPurchaseOfClassAUnitsNetOfAmountPayableUnderTaxReceivableAgreement
|
972000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
14930000 | usd |
CY2022 | us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
20053000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
32144000 | usd |
CY2022 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
213000 | usd |
CY2022 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
213678000 | usd |
CY2022 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.04 | |
CY2022 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
30223000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-199000 | usd |
CY2022 | brdg |
Adjustments To Additional Paid In Capital Reallocation Of Equity Interest
AdjustmentsToAdditionalPaidInCapitalReallocationOfEquityInterest
|
0 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
646319000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
272370000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
408627000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
166457000 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2936000 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2830000 | usd |
CY2020 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3214000 | usd |
CY2022 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
861000 | usd |
CY2022Q4 | brdg |
Self Insurance Maximum Claim Liability
SelfInsuranceMaximumClaimLiability
|
17900000 | usd |
CY2021 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
523000 | usd |
CY2020 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
248000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
32144000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21508000 | usd |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6158000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | usd |
CY2020 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-127000 | usd |
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1988000 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
8811000 | usd |
CY2020 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1002000 | usd |
CY2022 | brdg |
Changes In Unrealized Loss On General Partner Notes Payable
ChangesInUnrealizedLossOnGeneralPartnerNotesPayable
|
2362000 | usd |
CY2021 | brdg |
Changes In Unrealized Loss On General Partner Notes Payable
ChangesInUnrealizedLossOnGeneralPartnerNotesPayable
|
595000 | usd |
CY2020 | brdg |
Changes In Unrealized Loss On General Partner Notes Payable
ChangesInUnrealizedLossOnGeneralPartnerNotesPayable
|
-445000 | usd |
CY2022 | brdg |
Amortization Of Lease Liabilities
AmortizationOfLeaseLiabilities
|
529000 | usd |
CY2021 | brdg |
Amortization Of Lease Liabilities
AmortizationOfLeaseLiabilities
|
276000 | usd |
CY2020 | brdg |
Amortization Of Lease Liabilities
AmortizationOfLeaseLiabilities
|
263000 | usd |
CY2022 | brdg |
Unrealized Performance Allocations
UnrealizedPerformanceAllocations
|
115175000 | usd |
CY2021 | brdg |
Unrealized Performance Allocations
UnrealizedPerformanceAllocations
|
248647000 | usd |
CY2020 | brdg |
Unrealized Performance Allocations
UnrealizedPerformanceAllocations
|
61803000 | usd |
CY2022 | brdg |
Accrued Performance Allocation Compensation
AccruedPerformanceAllocationCompensation
|
24870000 | usd |
CY2021 | brdg |
Accrued Performance Allocation Compensation
AccruedPerformanceAllocationCompensation
|
31069000 | usd |
CY2020 | brdg |
Accrued Performance Allocation Compensation
AccruedPerformanceAllocationCompensation
|
8983000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-12871000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-3283000 | usd |
CY2020 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
0 | usd |
CY2022 | us-gaap |
Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
|
17649000 | usd |
CY2021 | us-gaap |
Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
|
9847000 | usd |
CY2020 | us-gaap |
Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
|
-3861000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1128000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
6438000 | usd |
CY2020 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1945000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
10983000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
4488000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3984000 | usd |
CY2022 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
536000 | usd |
CY2021 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
3487000 | usd |
CY2020 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-1340000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
6431000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1933000 | usd |
CY2020 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-585000 | usd |
CY2022 | us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
1308000 | usd |
CY2021 | us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
3455000 | usd |
CY2020 | us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
3066000 | usd |
CY2022 | brdg |
Increase Decrease In Accrued Performance Allocations Compensation
IncreaseDecreaseInAccruedPerformanceAllocationsCompensation
|
864000 | usd |
CY2021 | brdg |
Increase Decrease In Accrued Performance Allocations Compensation
IncreaseDecreaseInAccruedPerformanceAllocationsCompensation
|
912000 | usd |
CY2020 | brdg |
Increase Decrease In Accrued Performance Allocations Compensation
IncreaseDecreaseInAccruedPerformanceAllocationsCompensation
|
491000 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
-1246000 | usd |
CY2021 | us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
1723000 | usd |
CY2020 | us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
228353000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
209224000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
130096000 | usd |
CY2022 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
83344000 | usd |
CY2021 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
14096000 | usd |
CY2020 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
14505000 | usd |
CY2022 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
1377000 | usd |
CY2021 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
1239000 | usd |
CY2020 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
2841000 | usd |
CY2022 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
1300000 | usd |
CY2021 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | usd |
CY2020 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | usd |
CY2022 | brdg |
Issuance Of Notes Receivable
IssuanceOfNotesReceivable
|
472397000 | usd |
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Nature Of Operations
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ORGANIZATION<div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Bridge Investment Group Holdings Inc. (“we,” “us,” “our,” the “Company” or “Bridge”) is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes. Our business operation includes various specialized and synergistic investment platforms, including Multifamily, Workforce and Affordable Housing, Seniors Housing, Office, Development, Net Lease Income, Logistics, Debt Strategies, Agency MBS, Single-Family Rental, Property Technology (“PropTech”), and Renewable Energy. We provide investors with a diverse range of real estate investment products managed by our dedicated, specialized and synergistic investment teams. Our broad range of products allow us to capture new market opportunities and serve investors with various investment objectives.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company was incorporated as a Delaware corporation on March 18, 2021, for the purpose of facilitating the Company’s initial public offering (“IPO”) and other related transactions in order to carry on the business of Bridge Investment Group Holdings LLC (formerly known as Bridge Investment Group LLC, or the “Operating Company”), and its wholly owned subsidiaries. The Company is the sole managing member of the Operating Company, and its only material asset is its ownership interest in the Operating Company. As the sole managing member of the Operating Company, we indirectly operate and control all of the Operating Company’s business and affairs.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Operating Company is the ultimate controlling entity, through its wholly owned subsidiary Bridge Fund Management Holdings LLC, of the following investment manager entities, which we refer to collectively as the Fund Managers: Bridge Multifamily Fund Manager LLC, Bridge Seniors Housing Fund Manager LLC (“BSHM”), Bridge Debt Strategies Fund Manager LLC, Bridge Office Fund Manager LLC (“BOFM”), Bridge Development Fund Manager LLC, Bridge Agency MBS Fund Manager LLC, Bridge Net Lease Fund Manager LLC, Bridge Logistics Properties Fund Manager LLC, Bridge Single-Family Rental Fund Manager LLC, Bridge Investment Group Ventures Fund Manager LLC and Bridge Renewable Energy Fund Manager LLC (together, the “Fund Managers”). The Fund Managers provide real estate and fund investment advisory services to multiple investment funds and other vehicles, including joint venture real estate projects, separately managed accounts and privately offered real estate-related limited partnerships, including any parallel investment vehicles and feeder funds (collectively, the “funds”). The Operating Company is entitled to a pro rata portion of the management fees earned from providing these services to the funds based on its ownership in the Fund Managers, which ranges from 60% to 100%.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Each time we establish a new fund, our direct owners establish a new general partner for that fund (each, a “General Partner”). We refer to these general partners collectively as the “Bridge GPs.” The Operating Company and the Bridge GPs are under common control by the direct owners of the Operating Company and the Bridge GPs. Under the terms of the Bridge GP operating agreements, the General Partners are entitled to performance fees from the funds once certain threshold returns are achieved for limited partners.</span></div><div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reorganization in Connection with IPO</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In connection with the IPO, the Company completed a series of organizational transactions (the “Transactions”). The Transactions included:</span></div><div style="margin-bottom:12pt;padding-left:54pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.5pt">The Operating Company amended and restated its existing limited liability company agreement to, among other things, (1) convert the Operating Company to a limited liability company organized under the laws of the State of Delaware, (2) change the name of the Operating Company from “Bridge Investment Group LLC” to “Bridge Investment Group Holdings LLC,” (3) convert all existing ownership interests in the Operating Company into 97,463,981 Class A common units (“Class A Units”) and a like amount of Class B common units (“Class B Units”) of the Operating Company and (4) appoint the Company as the sole managing member of the Operating Company upon its acquisition of Class A and Class B Units (“LLC Interests”);</span></div><div style="margin-bottom:12pt;padding-left:54pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.5pt">The Company amended and restated its certificate of incorporation to, among other things, provide for (1) the recapitalization of the Company’s outstanding shares of existing common stock into one share of our Class A common stock, (2) the authorization of additional shares of our Class A common stock, with each share of our Class A common stock entitling its holder to one vote per share on all matters presented to the Company’s stockholders generally and (3) the authorization of shares of our Class B common stock, with each share of our Class B common stock entitling its holder to ten votes per share on all matters presented to the Company’s stockholders generally, and that shares of our Class B common stock may only be held by such direct or indirect holders of Class A Units and our Class B common stock as may exchange at each of their respective options (subject in certain circumstances to time-based vesting requirements and certain other restrictions), in whole or in part from time to time, their Class A Units (along with an equal number of shares of Class B common stock (and such shares shall be immediately cancelled)) for, at our election, cash or newly issued shares of our Class A common stock) and their respective permitted transferees (collectively, the “Continuing Equity Holders”);</span></div><div style="margin-bottom:12pt;padding-left:54pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.5pt">A series of transactions were effectuated such that, among other things, direct and indirect owners of interests in the Operating Company, various fund manager entities, and certain Bridge GPs (the “Contributed Bridge GPs”) contributed all or part of their respective interests to the Operating Company for shares of our Class B common stock and Class A Units, a portion of which were further contributed to the Company in exchange for shares of our Class A common stock; and</span></div><div style="margin-bottom:12pt;padding-left:54pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:23.5pt">The Company entered into (1) a stockholders agreement with certain of the Continuing Equity Owners (including each of our then executive officers), (2) a registration rights agreement with certain of the Continuing Equity Owners (including each of our then executive officers) and (3) a tax receivable agreement with the Operating Company and the Continuing Equity Owners (as amended and restated, the “Tax Receivable Agreement” or “TRA”).</span></div><div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Initial Public Offering</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On July 20, 2021, the Company completed its IPO, in which it sold 18,750,000 shares of its Class A common stock at a public offering price of $16.00 per share receiving approximately $277.2 million in net proceeds, after deducting the underwriting discounts and commissions and estimated offering expenses. The net proceeds from the IPO were used to purchase 18,750,000 newly issued Class A Units from the Operating Company at a price per unit equal to the IPO price per share of our Class A common stock in the IPO, less the underwriting discounts and commissions and estimated offering expenses. The Operating Company used net proceeds from the public offering to pay approximately $139.9 million in cash to redeem certain of the Class A Units held directly or indirectly by certain of the owners of LLC Interests in the Operating Company, prior to the IPO (collectively, “Original Equity Owners”). Refer to Note 17, “Shareholders’ Equity,” for additional information.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In connection with the IPO, owners of the Contributed Bridge GPs contributed 24% to 40% of their interests in the respective Contributed Bridge GPs in exchange for LLC Interests in the Operating Company. Prior to the IPO, the Operating Company did not have any direct interest in the Contributed Bridge GPs. These combined financial statements prior to the IPO include 100% of the operations of the Contributed Bridge GPs for the periods presented on the basis of common control.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Subsequently, on August 12, 2021, the underwriters exercised their over-allotment option to purchase an additional 1,416,278 shares of our Class A common stock. The Company used 100% of the net proceeds of approximately $18.2 million, after taking into account the underwriting discounts and commissions and estimated offering expenses, to purchase 1,416,278 newly issued Class A Units directly from the Operating Company, at a price per Class A Unit equal to the IPO price per share of our Class A common stock in the IPO, less the underwriting discounts and commissions and estimated offering expenses payable by the Company. The Operating Company used all of the net proceeds from the sale of Class A Units to the Company related to this over-allotment option to redeem certain of the Class A Units held directly or indirectly by certain of the Original Equity Owners.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prior to the IPO, the Operating Company and the then-existing Bridge GPs were under common control by the Original Equity Owners (the “Common Control Group”). The Original Equity Owners had the ability to control the Operating Company and each applicable Bridge GP and manage and operate these entities through the Fund Managers, a common board of directors, common ownership, and shared resources and facilities. The Operating Company and the then-existing Bridge GPs represented the predecessor history for the consolidated operations. As a result, the financial statements for the periods prior to the IPO are the combined financial statements of the Operating Company and the then-existing Bridge GPs, as applicable, as the predecessor to the Company for accounting and reporting purposes. We carried forward unchanged the value of the related assets and liabilities recognized in the Contributed Bridge GPs’ financial statements prior to the IPO into our financial statements. We have assessed the Contributed Bridge GPs for consolidation subsequent to the Transactions and the IPO and have concluded that the Contributed Bridge GPs represent variable interests for which the Operating Company is the primary beneficiary. As a result, the Operating Company consolidates the Contributed Bridge GPs following the Transactions. BDS I GP LLC was not contributed as part of the Transactions and as such, was derecognized upon completion of the IPO.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As part of the Transactions, the Operating Company acquired the non-controlling interest of its consolidated subsidiaries BSHM and BOFM, which was accounted for as an equity transaction with no gain or loss recognized in the combined statement of operations for the year ended December 31, 2021. The carrying amounts of the non-controlling interest in BSHM and BOFM were adjusted to zero.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Following the Transactions and the IPO, the Company became a holding company whose principal asset is a controlling financial interest in the Operating Company through its ownership of the Operating Company’s Class A Units and 100% of the Class B Units (voting only). The Company acts as the sole managing member of the Operating Company and, as a result, indirectly operates and controls all of the Operating Company’s business and affairs and its direct and indirect subsidiaries. As a result, the Company consolidates the financial results of the Operating Company and reports non-controlling interests related to the Class A Units. The assets and liabilities of the Operating Company represent substantially all of the Company’s consolidated assets and liabilities, with the exception of certain deferred income taxes and payables due to affiliates pursuant to the Tax Receivable Agreement. Refer to Note 16, “Income Taxes,” for additional information. As of December 31, 2022, the Company held approximately 23% of the economic interest in the Operating Company. To the extent the Operating Company’s members exchange their Class A Units into the Company’s Class A common stock in the future, the Company’s economic interest in the Operating Company will increase.</span></div> | |
CY2022 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
Reclassifications — Certain prior year amounts on the consolidated balance sheet have been reclassified to conform with the presentation as of December 31, 2022. These prior year reclassifications included combining current and long-term asset classifications to present a non-classified balance sheet and to condense tenant improvements, furniture and equipment with other assets. These reclassifications did not affect net income or shareholders’ equity as of or for the periods ended December 31, 2022 and 2021, respectively. | |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The preparation of consolidated and combined financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Management believes that estimates utilized in the preparation of the consolidated and combined financial statements are prudent and reasonable. Such estimates include those used in the valuation of investments, which directly affect accrued performance allocations and related compensation, the carrying amount of the Company's equity method investments, the measurement of deferred tax balances (including valuation allowances), and the accounting for goodwill, all of which involve a high degree of judgement and complexity and may have a significant impact on net income. Actual results could differ from those estimates and such differences could be material.</span>Global markets are experiencing continued volatility driven by weakening U.S. fundamentals, rising geopolitical risks in Europe, ongoing economic impacts of the COVID-19 pandemic, softening growth in Asia, global supply chain disruptions, labor shortages, rising commodity prices, availability of debt financing in the capital markets, high inflation and increasing interest rates. As a result, management’s estimates and assumptions may be subject to a higher degree of variability and volatility that may result in material differences from the current period. | |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
9800000 | usd |
CY2022 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2022 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2022 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
3200000 | usd |
CY2022Q4 | brdg |
Marketable Securities Cost
MarketableSecuritiesCost
|
15187000 | usd |
CY2022Q4 | brdg |
Marketable Securities Unrealized Gains
MarketableSecuritiesUnrealizedGains
|
0 | usd |
CY2022Q4 | brdg |
Marketable Securities Unrealized Losses
MarketableSecuritiesUnrealizedLosses
|
573000 | usd |
CY2022Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
14614000 | usd |
CY2021Q4 | brdg |
Marketable Securities Cost
MarketableSecuritiesCost
|
8032000 | usd |
CY2021Q4 | brdg |
Marketable Securities Unrealized Gains
MarketableSecuritiesUnrealizedGains
|
34000 | usd |
CY2021Q4 | brdg |
Marketable Securities Unrealized Losses
MarketableSecuritiesUnrealizedLosses
|
31000 | usd |
CY2021Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
8035000 | usd |
CY2022 | brdg |
Number Of Partnerships And Joint Ventures
NumberOfPartnershipsAndJointVentures
|
153 | entity |
CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
85456000 | usd |
CY2021Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
44006000 | usd |
CY2022 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
188700000 | usd |
CY2021 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
339000000 | usd |
CY2020 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
104700000 | usd |
CY2022 | brdg |
Equity Method Investment Accrued Performance Allocations
EquityMethodInvestmentAccruedPerformanceAllocations
|
184500000 | usd |
CY2021 | brdg |
Equity Method Investment Accrued Performance Allocations
EquityMethodInvestmentAccruedPerformanceAllocations
|
329600000 | usd |
CY2020 | brdg |
Equity Method Investment Accrued Performance Allocations
EquityMethodInvestmentAccruedPerformanceAllocations
|
104200000 | usd |
CY2022Q4 | brdg |
Accrued Performance Allocations Compensation
AccruedPerformanceAllocationsCompensation
|
66800000 | usd |
CY2021Q4 | brdg |
Accrued Performance Allocations Compensation
AccruedPerformanceAllocationsCompensation
|
41000000 | usd |
CY2020Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
345000 | usd |
CY2021 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
|
1141000 | usd |
CY2021 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
|
2835000 | usd |
CY2021Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
4321000 | usd |
CY2022 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
|
4048000 | usd |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
8369000 | usd |
CY2022Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
270270000 | usd |
CY2022Q4 | brdg |
Notes Payable Carrying Value Disclosure
NotesPayableCarryingValueDisclosure
|
300000000 | usd |
CY2021Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
144577000 | usd |
CY2021Q4 | brdg |
Notes Payable Carrying Value Disclosure
NotesPayableCarryingValueDisclosure
|
150000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
12408000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
7514000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4894000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
15898000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
12457000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3441000 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1900000 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1500000 | usd |
CY2020 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1600000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1830000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1237000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
521000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
483000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
183000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
640000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4894000 | usd |
CY2022Q1 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
|
50000000 | usd |
CY2022Q4 | brdg |
Recapitalization Number Of Homes
RecapitalizationNumberOfHomes
|
2700 | home |
CY2022Q4 | brdg |
Recapitalization Number Of Markets
RecapitalizationNumberOfMarkets
|
14 | market |
CY2022 | us-gaap |
Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
|
<div style="margin-top:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below summarizes BIGRM's losses incurred during the years ended December 31, 2022, 2021, and 2020 as well as rollforwards of the loss reserve liability for each of the respective periods then ended (in thousands):</span></div><div style="margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.927%"><tr><td style="width:1.0%"/><td style="width:58.142%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.081%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.081%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.406%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.084%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt 0 59.5pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2022</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2021</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:105%">2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Balance as of beginning of year</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">8,086 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">4,436 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">3,754 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Losses incurred, related to:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Current year</span></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">7,034</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">8,387</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">3,117</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Prior years</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(935)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(569)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(249)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 23.5pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Total incurred</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">6,099</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">7,818</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">2,868</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Losses paid, related to:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Current year</span></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(786)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(2,012)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(219)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Prior years</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(3,954)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(2,156)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(1,967)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 23.5pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Total paid</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(4,740)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(4,168)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">(2,186)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">Balance as of end of year</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">9,445 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">8,086 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:105%">4,436 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> | |
CY2022Q4 | brdg |
Self Insurance Stop Loss Coverage Amount
SelfInsuranceStopLossCoverageAmount
|
200000 | usd |
CY2022Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
|
25000 | usd |
CY2022Q4 | brdg |
Self Insurance Policy Coverage Limit
SelfInsurancePolicyCoverageLimit
|
5000000 | usd |
CY2022Q2 | brdg |
Self Insurance Reserve Limits Per Units
SelfInsuranceReserveLimitsPerUnits
|
750000 | usd |
CY2022Q2 | brdg |
Self Insurance Reserve Limits Per Units
SelfInsuranceReserveLimitsPerUnits
|
1500000 | usd |
CY2022Q4 | brdg |
Percentage Of Catastrophic Losses In Noncat Zones
PercentageOfCatastrophicLossesInNoncatZones
|
0.05 | |
CY2020Q2 | brdg |
Self Insurance Liability Retention Per Location Threshold
SelfInsuranceLiabilityRetentionPerLocationThreshold
|
4000000 | usd |
CY2022Q2 | brdg |
Self Insurance Liability Retention Per Location Threshold
SelfInsuranceLiabilityRetentionPerLocationThreshold
|
10000000 | usd |
CY2021Q4 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
3500000 | usd |
CY2022Q4 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
3500000 | usd |
CY2022 | us-gaap |
Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
|
2100000 | usd |
CY2021 | us-gaap |
Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
|
2200000 | usd |
CY2020 | us-gaap |
Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
|
1400000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
2700000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
1900000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
297300000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
148100000 | usd |
CY2020Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
2287000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
429000 | usd |
CY2021Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
1858000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1324000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
476000 | usd |
CY2022Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
2706000 | usd |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
9600000 | usd |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
6100000 | usd |
CY2020 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
3100000 | usd |
CY2022 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-41000 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
4829000 | usd |
CY2022 | us-gaap |
Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency
InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency
|
4788000 | usd |
CY2021 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-180000 | usd |
CY2021 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
9548000 | usd |
CY2021 | us-gaap |
Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency
InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency
|
9368000 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
6342000 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
2887000 | usd |
CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
553000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2982000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
1300000 | usd |
CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
503000 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
9385000 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
4970000 | usd |
CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-50000 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
3486000 | usd |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-895000 | usd |
CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
22195000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8262000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1006000 | usd |
CY2022Q4 | brdg |
Deferred Tax Receivable Agreement
DeferredTaxReceivableAgreement
|
53900000 | usd |
CY2022 | brdg |
Tax Receivable Agreement Liability Income Expense
TaxReceivableAgreementLiabilityIncomeExpense
|
1200000 | usd |
CY2021 | brdg |
Tax Receivable Agreement Liability Income Expense
TaxReceivableAgreementLiabilityIncomeExpense
|
-1700000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2100 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2100 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2100 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0173 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0037 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0060 | |
CY2022 | brdg |
Effective Income Tax Rate Reconciliation Income Passed Through To Limited Partners Percent
EffectiveIncomeTaxRateReconciliationIncomePassedThroughToLimitedPartnersPercent
|
-0.1744 | |
CY2021 | brdg |
Effective Income Tax Rate Reconciliation Income Passed Through To Limited Partners Percent
EffectiveIncomeTaxRateReconciliationIncomePassedThroughToLimitedPartnersPercent
|
-0.1946 | |
CY2020 | brdg |
Effective Income Tax Rate Reconciliation Income Passed Through To Limited Partners Percent
EffectiveIncomeTaxRateReconciliationIncomePassedThroughToLimitedPartnersPercent
|
-0.2040 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
0.0224 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
0.0007 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
0 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0753 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0198 | |
CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0120 | |
CY2022Q4 | brdg |
Deferred Tax Receivable Agreement
DeferredTaxReceivableAgreement
|
53915000 | usd |
CY2021Q4 | brdg |
Deferred Tax Receivable Agreement
DeferredTaxReceivableAgreement
|
58962000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Unrealized Losses On Trading Securities
DeferredTaxAssetsUnrealizedLossesOnTradingSecurities
|
110000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Unrealized Losses On Trading Securities
DeferredTaxAssetsUnrealizedLossesOnTradingSecurities
|
62000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
|
348000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
|
178000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
14000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
9000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
54387000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
59211000 | usd |
CY2022Q4 | brdg |
Deferred Unrealized Gain Loss On Securities
DeferredUnrealizedGainLossOnSecurities
|
0 | usd |
CY2021Q4 | brdg |
Deferred Unrealized Gain Loss On Securities
DeferredUnrealizedGainLossOnSecurities
|
1000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
0 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
1000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
54387000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
59210000 | usd |
CY2022 | brdg |
Stockholders Equity Number Of Share Classes
StockholdersEquityNumberOfShareClasses
|
3 | class_of_share |
CY2022Q4 | brdg |
Number Of Classes Of Common Stock
NumberOfClassesOfCommonStock
|
2 | classes_of_common_stock |
CY2022Q4 | brdg |
Number Of Membership Interest Classes
NumberOfMembershipInterestClasses
|
3 | class_of_share |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
15260000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
17490000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y2M12D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0424 | |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4310000 | usd |
CY2022 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
204000 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
4514000 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
4410000 | usd |
CY2022 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
400000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
5278000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
4339000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
3372000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
3061000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
2738000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
18788000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1298000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
17490000 | usd |
CY2022Q4 | brdg |
Fees Receivable From Nonconsolidated Funds Related Parties
FeesReceivableFromNonconsolidatedFundsRelatedParties
|
31712000 | usd |
CY2021Q4 | brdg |
Fees Receivable From Nonconsolidated Funds Related Parties
FeesReceivableFromNonconsolidatedFundsRelatedParties
|
23991000 | usd |
CY2022Q4 | brdg |
Payments Due From Nonconsolidated Entity
PaymentsDueFromNonconsolidatedEntity
|
22092000 | usd |
CY2021Q4 | brdg |
Payments Due From Nonconsolidated Entity
PaymentsDueFromNonconsolidatedEntity
|
11388000 | usd |
CY2022Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
53804000 | usd |
CY2021Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
35379000 | usd |
CY2022Q4 | brdg |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized In Next Twelve Months
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedInNextTwelveMonths
|
28824000 | usd |
CY2022Q4 | brdg |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized In Second Year
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedInSecondYear
|
23621000 | usd |
CY2022Q4 | brdg |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized In Third Year
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedInThirdYear
|
12522000 | usd |
CY2022Q4 | brdg |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized In Year Four
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedInYearFour
|
4983000 | usd |
CY2022Q4 | brdg |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized In Year Five
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedInYearFive
|
55000 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
70005000 | usd |
CY2022 | brdg |
Net Income Loss Attributable To Company
NetIncomeLossAttributableToCompany
|
27269000 | usd |
brdg |
Net Income Loss Attributable To Company
NetIncomeLossAttributableToCompany
|
23230000 | usd | |
CY2022 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
0 | usd |
us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
-1648000 | usd | |
CY2022 | brdg |
Distributions On Restricted Stock
DistributionsOnRestrictedStock
|
5286000 | usd |
brdg |
Distributions On Restricted Stock
DistributionsOnRestrictedStock
|
584000 | usd | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
21983000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
21983000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
20998000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
20998000 | usd | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23928408 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23928408 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
22515868 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22515868 | shares | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.92 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.92 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.93 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.93 |