2022 Q4 Form 10-K Financial Statement

#000185440123000041 Filed on February 27, 2023

View on sec.gov

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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CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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23928408 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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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
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0 shares
CY2022 us-gaap Profit Loss
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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
ProfitLoss
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CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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4000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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272171000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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408602000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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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
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190325000 usd
CY2020 us-gaap Profit Loss
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CY2020 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6158000 usd
CY2020 us-gaap Stock Repurchased And Retired During Period Value
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021 brdg Recognition Of Noncontrolling Interests In Certain Subsidiaries Concurrent With Transactions And Initial Public Offering
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CY2021 brdg Derecognition Of Bridge Debt Strategies Fund Gpllc
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CY2021 brdg Effects Of Transactions And Purchase Of Operating Company Class A Units
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CY2021 brdg Purchase Of Membership Interests In Operating Company
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CY2021 brdg Deferred Tax Effect Resulting From Purchase Of Class A Units Net Of Amount Payable Under Tax Receivable Agreement
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18711000 usd
CY2021 brdg Equity Reallocation Between Controlling And Noncontrolling Interests
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CY2021 us-gaap Dividends Common Stock
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6042000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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549737000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022 us-gaap Profit Loss
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272370000 usd
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CY2022 brdg Deferred Tax Effect Resulting From Purchase Of Class A Units Net Of Amount Payable Under Tax Receivable Agreement
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972000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
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14930000 usd
CY2022 us-gaap Noncontrolling Interest Increase From Business Combination
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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32144000 usd
CY2022 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2022 us-gaap Common Stock Dividends Per Share Declared
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CY2022 us-gaap Dividends Common Stock
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CY2022 brdg Adjustments To Additional Paid In Capital Reallocation Of Equity Interest
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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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
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2936000 usd
CY2021 us-gaap Depreciation And Amortization
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2830000 usd
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
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CY2022 us-gaap Amortization Of Debt Discount Premium
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CY2022Q4 brdg Self Insurance Maximum Claim Liability
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CY2021 us-gaap Amortization Of Debt Discount Premium
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523000 usd
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248000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
32144000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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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
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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
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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
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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
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-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
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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
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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
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536000 usd
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
3487000 usd
CY2020 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2022 us-gaap Increase Decrease In Other Operating Liabilities
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6431000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1933000 usd
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
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CY2022 us-gaap Increase Decrease In Self Insurance Reserve
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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
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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
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209224000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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PaymentsToAcquireEquityMethodInvestments
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PaymentsToAcquireEquityMethodInvestments
14505000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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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
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1300000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2022 brdg Issuance Of Notes Receivable
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308728000 usd
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ProceedsFromCollectionsOnNotesReceivable
513027000 usd
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ProceedsFromCollectionsOnNotesReceivable
272841000 usd
CY2022 brdg Purchase Of Tenant Improvements And Office Equipment
PurchaseOfTenantImprovementsAndOfficeEquipment
-3228000 usd
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PurchaseOfTenantImprovementsAndOfficeEquipment
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CY2020 brdg Purchase Of Tenant Improvements And Office Equipment
PurchaseOfTenantImprovementsAndOfficeEquipment
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PaymentsForProceedsFromOtherDeposits
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CY2021 us-gaap Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
30000000 usd
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PaymentsForProceedsFromOtherDeposits
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CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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15089000 usd
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0 usd
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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NetCashProvidedByUsedInInvestingActivities
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NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
213000 usd
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1143000 usd
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
145000 usd
CY2022 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
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CY2021 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
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CY2020 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
134192000 usd
CY2022 brdg Proceeds From Issuance Of Common Stock Initial Public Offering Net Of Underwriting Discount And Issuance Cost
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0 usd
CY2021 brdg Proceeds From Issuance Of Common Stock Initial Public Offering Net Of Underwriting Discount And Issuance Cost
ProceedsFromIssuanceOfCommonStockInitialPublicOfferingNetOfUnderwritingDiscountAndIssuanceCost
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CY2020 brdg Proceeds From Issuance Of Common Stock Initial Public Offering Net Of Underwriting Discount And Issuance Cost
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0 usd
CY2022 brdg Purchase Of Operating Company Interests With Initial Public Offering Net Proceeds
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CY2021 brdg Purchase Of Operating Company Interests With Initial Public Offering Net Proceeds
PurchaseOfOperatingCompanyInterestsWithInitialPublicOfferingNetProceeds
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CY2020 brdg Purchase Of Operating Company Interests With Initial Public Offering Net Proceeds
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CY2022 brdg Proceeds From Issuance Of Common Stock Underwriters Exercise Of Over Allotment Option Net Of Underwriting Discount And Issuance Costs
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CY2021 brdg Proceeds From Issuance Of Common Stock Underwriters Exercise Of Over Allotment Option Net Of Underwriting Discount And Issuance Costs
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-18188000 usd
CY2020 brdg Proceeds From Issuance Of Common Stock Underwriters Exercise Of Over Allotment Option Net Of Underwriting Discount And Issuance Costs
ProceedsFromIssuanceOfCommonStockUnderwritersExerciseOfOverAllotmentOptionNetOfUnderwritingDiscountAndIssuanceCosts
0 usd
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
213678000 usd
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
73175000 usd
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
20567000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
110000 usd
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
6859000 usd
CY2022 brdg Repayments Of General Partner Notes Payable
RepaymentsOfGeneralPartnerNotesPayable
1008000 usd
CY2021 brdg Repayments Of General Partner Notes Payable
RepaymentsOfGeneralPartnerNotesPayable
1308000 usd
CY2020 brdg Repayments Of General Partner Notes Payable
RepaymentsOfGeneralPartnerNotesPayable
0 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30223000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6042000 usd
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CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
135800000 usd
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
135800000 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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ProceedsFromNotesPayable
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ProceedsFromNotesPayable
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CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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2381000 usd
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CY2020 us-gaap Payments Of Financing Costs
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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109393000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23482000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
47244000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83872000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107354000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60110000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
193265000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83872000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107354000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9288000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3959000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
985000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
6200000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
7968000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
4526000 usd
CY2022 brdg Establishment Of Lease Liabilities In Exchange For Lease Right Of Use Assets
EstablishmentOfLeaseLiabilitiesInExchangeForLeaseRightOfUseAssets
21312000 usd
CY2021 brdg Establishment Of Lease Liabilities In Exchange For Lease Right Of Use Assets
EstablishmentOfLeaseLiabilitiesInExchangeForLeaseRightOfUseAssets
0 usd
CY2020 brdg Establishment Of Lease Liabilities In Exchange For Lease Right Of Use Assets
EstablishmentOfLeaseLiabilitiesInExchangeForLeaseRightOfUseAssets
0 usd
CY2022 brdg Origination Of Short Term Loan Receivable For Prepaid Acquisitions
OriginationOfShortTermLoanReceivableForPrepaidAcquisitions
40000000 usd
CY2021 brdg Origination Of Short Term Loan Receivable For Prepaid Acquisitions
OriginationOfShortTermLoanReceivableForPrepaidAcquisitions
0 usd
CY2020 brdg Origination Of Short Term Loan Receivable For Prepaid Acquisitions
OriginationOfShortTermLoanReceivableForPrepaidAcquisitions
0 usd
CY2022 brdg Deferred Tax Effect Resulting From Exchange Of Class A Units Net Of Amounts Payable Under Tra
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CY2021 brdg Deferred Tax Effect Resulting From Exchange Of Class A Units Net Of Amounts Payable Under Tra
DeferredTaxEffectResultingFromExchangeOfClassAUnitsNetOfAmountsPayableUnderTra
0 usd
CY2020 brdg Deferred Tax Effect Resulting From Exchange Of Class A Units Net Of Amounts Payable Under Tra
DeferredTaxEffectResultingFromExchangeOfClassAUnitsNetOfAmountsPayableUnderTra
0 usd
CY2022 brdg Settlement Of Accrued Performance Allocations Compensation Liability With Equity
SettlementOfAccruedPerformanceAllocationsCompensationLiabilityWithEquity
0 usd
CY2021 brdg Settlement Of Accrued Performance Allocations Compensation Liability With Equity
SettlementOfAccruedPerformanceAllocationsCompensationLiabilityWithEquity
14247000 usd
CY2020 brdg Settlement Of Accrued Performance Allocations Compensation Liability With Equity
SettlementOfAccruedPerformanceAllocationsCompensationLiabilityWithEquity
0 usd
CY2022 brdg Derecognition Of Debt
DerecognitionOfDebt
0 usd
CY2021 brdg Derecognition Of Debt
DerecognitionOfDebt
2337000 usd
CY2020 brdg Derecognition Of Debt
DerecognitionOfDebt
0 usd
CY2022 brdg Issuance Of Class A Common Units For Acquisition
IssuanceOfClassACommonUnitsForAcquisition
14930000 usd
CY2021 brdg Issuance Of Class A Common Units For Acquisition
IssuanceOfClassACommonUnitsForAcquisition
0 usd
CY2020 brdg Issuance Of Class A Common Units For Acquisition
IssuanceOfClassACommonUnitsForAcquisition
0 usd
CY2022 brdg Non Controlling Interest Assumed In Business Combination
NonControllingInterestAssumedInBusinessCombination
20053000 usd
CY2021 brdg Non Controlling Interest Assumed In Business Combination
NonControllingInterestAssumedInBusinessCombination
0 usd
CY2020 brdg Non Controlling Interest Assumed In Business Combination
NonControllingInterestAssumedInBusinessCombination
0 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
183576000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
78417000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
101830000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9689000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5455000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5524000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
193265000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83872000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107354000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
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
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1 segment
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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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
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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
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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
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8369000 usd
CY2022Q4 us-gaap Notes Payable Fair Value Disclosure
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270270000 usd
CY2022Q4 brdg Notes Payable Carrying Value Disclosure
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300000000 usd
CY2021Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
144577000 usd
CY2021Q4 brdg Notes Payable Carrying Value Disclosure
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150000000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
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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
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3441000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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1900000 usd
CY2021 us-gaap Amortization Of Intangible Assets
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1500000 usd
CY2020 us-gaap Amortization Of Intangible Assets
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1600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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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

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