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Stockholders' Equity (Tables) | 9 Months Ended
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Sep. 30, 2024
Equity [Abstract] |
Schedule of Other Ownership Interests | The following table summarizes the changes in ownership of THG units for the periods presented:
| Three months ended September 30, |  | Nine months ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
THG units held by Hagerty, Inc. |  |  |  |  |  |  |
Beginning of period | 85,703,286 |  |  | 84,405,625 |  |  | 84,588,536 |  |  | 83,202,969 |
Issuance of shares under employee plans | 211,582 |  |  | 73,440 |  |  | 1,194,808 |  |  | 1,016,794 |
Exchange of THG units for Class A Common Stock | 189,294 |  |  | — |  |  | 320,818 |  |  | 259,302 |
Warrant Exchange (see Note 17) | 3,876,201 |  |  | — |  |  | 3,876,201 |  |  | — |
End of period | 89,980,363 |  |  | 84,479,065 |  |  | 89,980,363 |  |  | 84,479,065 |
Ownership percentage |  |  |  |  |  |  |
Beginning of period | 25.1 | % |  | 24.8 | % |  | 24.9 | % |  | 24.5 | %
End of period | 26.1 | % |  | 24.8 | % |  | 26.1 | % |  | 24.8 | %
THG units held by other unit holders |  |  |  |  |  |  |
Beginning of period | 255,367,640 |  |  | 255,499,164 |  |  | 255,499,164 |  |  | 255,758,466 |
Exchange of THG units for Class A Common Stock | (189,294) |  |  | — |  |  | (320,818) |  |  | (259,302) |
End of period | 255,178,346 |  |  | 255,499,164 |  |  | 255,178,346 |  |  | 255,499,164 |
Ownership percentage |  |  |  |  |  |  |
Beginning of period | 74.9 | % |  | 75.2 | % |  | 75.1 | % |  | 75.5 | %
End of period | 73.9 | % |  | 75.2 | % |  | 73.9 | % |  | 75.2 | %
Total THG units outstanding | 345,158,709 |  |  | 339,978,229 |  |  | 345,158,709 |  |  | 339,978,229 |

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- Definition Tabular disclosure of other units or shares or classes of ownership in a partnership. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 5 -Subparagraph (SAB Topic 4.F) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-5 + Details
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