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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 52,125 $ 67,689
Restricted cash 3,840 3,382
Premiums, commissions and fees receivable, net 71,637 58,793
Prepaid expenses and other current assets 3,287 3,019
Due from related parties 34 43
Total current assets 130,923 132,926
Property and equipment, net 4,027 3,322
Other assets 6,505 5,600
Intangible assets, net 111,264 92,450
Goodwill 197,531 164,470
Total assets 450,250 398,768
Current Liabilities    
Premiums payable to insurance companies 58,390 50,541
Producer commissions payable 9,681 7,470
Accrued expenses and other current liabilities 11,094 12,334
Current portion of contingent earnout liabilities 2,788 2,480
Total current liabilities 81,953 72,825
Revolving lines of credit 60,363 40,363
Contingent earnout liabilities, less current portion 51,067 46,289
Other liabilities 2,023 2,017
Total liabilities 195,406 161,494
Mezzanine Equity    
Redeemable noncontrolling interest 39 23
Stockholders' Equity Attributable to BRP Group, Inc.    
Additional paid-in capital 90,443 82,425
Accumulated deficit (7,182) (8,650)
Notes receivable from stockholders 647 688
Total stockholders’ equity attributable to BRP Group, Inc. 82,817 73,285
Noncontrolling interest 171,988 163,966
Total stockholders’ equity 254,805 237,251
Total liabilities, mezzanine equity and stockholders’ equity 450,250 398,768
Common Class A    
Stockholders' Equity Attributable to BRP Group, Inc.    
Common stock 199 194
Common Class B    
Stockholders' Equity Attributable to BRP Group, Inc.    
Common stock 4 4
Variable Interest Entity, Primary Beneficiary    
Current Assets    
Cash and cash equivalents 14 47
Premiums, commissions and fees receivable, net 333 75
Total current assets 347 122
Property and equipment, net 28 31
Other assets 5 7
Total assets 380 160
Current Liabilities    
Premiums payable to insurance companies 182 6
Producer commissions payable 19 15
Accrued expenses and other current liabilities 36 29
Total liabilities $ 237 $ 50