Marcus & Millichap, Inc. Annual report pursuant to Section 13 and 15(d)

Selected Balance Sheet Data (Tables)

12 Months Ended

Dec. 31, 2013

Commissions receivable, net consisted of the following (in thousands):


	December 31,
	2013			2012
Commissions due from buyer/seller	$	3,241		$	5,205
Due from sales agents		973			688
Less allowance for doubtful accounts		(99	)		(129	)

	$	4,115		$	5,764

The following table presents the changes in the allowance for doubtful accounts (in thousands):


	December 31,
	2013			2012
Balance at beginning of period	$	(129	)	$	(143	)
Provision for losses on commissions receivable		—			—
Write-off of uncollectible commissions receivable		30			14

Balance at end of period	$	(99	)	$	(129	)

Other assets consisted of the following (in thousands):


	December 31,
	2013		2012
Commission notes receivable	$	82	$	739
Due from sales agents		566		376
Security deposits		1,126		1,046
Other		1,372		1,804

	$	3,146	$	3,965

Accrued employee expenses consisted of the following (in thousands):


	December 31,
	2013		2012
Bonus payable	$	15,428	$	16,600
Accrued vacation		975		919
Other employee related accruals		544		—

	$	16,947	$	17,519

Deferred compensation and commissions consisted of the following (in thousands):


	December 31,
	2013		2012
SARs liability	$	19,970	$	—
Commissions payable		8,623		6,700
Deferred compensation liability		3,584		2,421

	$	32,177	$	9,121

Other liabilities consisted of the following (in thousands):