Marcus & Millichap, Inc. Quarterly report pursuant to Section 13 or 15(d)

Selected Balance Sheet Data (Tables)

9 Months Ended

Sep. 30, 2014

Commissions and other receivables, net consisted of the following (in thousands):


	September 30, 2014			December 31, 2013
Commissions due from buyer/seller	$	3,624		$	3,241
Due from independent contractors and others ⁽¹⁾		2,124			973
Less: allowance for doubtful accounts		(62	)		(99	)

	$	5,686		$	4,115

⁽¹⁾	Represents amounts advanced and other receivables due from the Company’s sales and financing professionals and others.

The following table presents the changes in the allowance for doubtful accounts for the nine months ended September 30, 2014 and 2013 (in thousands):


	September 30, 2014			September 30, 2013
Balance at beginning of period	$	(99	)	$	(129	)
Provision for bad debt expense		37			29

Balance at end of period	$	(62	)	$	(100	)

Other assets consisted of the following (in thousands):


	September 30, 2014		December 31, 2013
Commission notes receivable	$	40	$	82
Due from independent contractors ⁽¹⁾		2,799		1,938
Security deposits		1,171		1,126
Other		133		—

	$	4,143	$	3,146

⁽¹⁾	Represents amounts advanced and other receivables due from the Company’s sales and financing professionals.

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


	September 30, 2014		December 31, 2013
SARs liability	$	20,296	$	19,970
Commissions payable		8,522		8,623
Deferred compensation liability		3,760		3,584

	$	32,578	$	32,177

Other liabilities consisted of the following (in thousands):