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Operating Segment Data (Tables) | 9 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Schedule of segment profit (loss), and segment assets | The tables below present the components of revenue, expense, pre-tax income (loss), and segment assets for each of the operating segments for the following periods:
| Three Months Ended September 30, 2016
| Insurance and insurance services |  | Specialty finance |  | Real estate |  | Asset management |  | Corporate and other |  | Total
Total revenue | $ | 79,106 |  |  | $ | 29,013 |  |  | $ | 15,695 |  |  | $ | 3,838 |  |  | $ | 6,469 |  |  | $ | 134,121 |
Total expense | 71,081 |  |  | 24,832 |  |  | 16,168 |  |  | 2,255 |  |  | 12,267 |  |  | 126,603 |
Net income attributable to consolidated CLOs | — |  |  | — |  |  | — |  |  | 720 |  |  | 3,312 |  |  | 4,032 |
Pre-tax income (loss) | $ | 8,025 |  |  | $ | 4,181 |  |  | $ | (473 | ) |  | $ | 2,303 |  |  | $ | (2,486 | ) |  | $ | 11,550 |
Less: Provision (benefit) for income taxes |  |  |  |  |  |  |  |  |  |  | 3,712 |
Net income before non-controlling interests |  |  |  |  |  |  |  |  |  |  | $ | 7,838 |
Less: net income attributable to non-controlling interests from continuing operations and discontinued operations |  |  |  |  |  |  |  |  |  |  | 1,933 |
Net income (loss) attributable to Tiptree Financial Inc. Class A common stockholders |  |  |  |  |  |  |  |  |  |  | $ | 5,905 |
| Three Months Ended September 30, 2015
| Insurance and insurance services |  | Specialty finance |  | Real estate |  | Asset management |  | Corporate and other |  | Total
Total revenue | $ | 87,991 |  |  | $ | 19,348 |  |  | $ | 11,560 |  |  | $ | 1,981 |  |  | $ | (12 | ) |  | $ | 120,868 |
Total expense | 77,868 |  |  | 18,097 |  |  | 14,172 |  |  | 1,670 |  |  | 9,418 |  |  | 121,225 |
Net income attributable to consolidated CLOs | — |  |  | — |  |  | — |  |  | 652 |  |  | (3,854 | ) |  | (3,202 | )
Pre-tax income (loss) | $ | 10,123 |  |  | $ | 1,251 |  |  | $ | (2,612 | ) |  | $ | 963 |  |  | $ | (13,284 | ) |  | $ | (3,559 | )
Less: Provision (benefit) for income taxes |  |  |  |  |  |  |  |  |  |  | 2,829 |
Net (loss) before non-controlling interests |  |  |  |  |  |  |  |  |  |  | $ | (6,388 | )
Less: net income attributable to non-controlling interests from continuing operations and discontinued operations |  |  |  |  |  |  |  |  |  |  | (1,835 | )
Net income (loss) attributable to Tiptree Financial Inc. Class A common stockholders |  |  |  |  |  |  |  |  |  |  | $ | (4,553 | )
| Nine Months Ended September 30, 2016
| Insurance and insurance services |  | Specialty finance |  | Real estate |  | Asset management |  | Corporate and other |  | Total
Total revenue | $ | 256,208 |  |  | $ | 67,790 |  |  | $ | 44,204 |  |  | $ | 7,505 |  |  | $ | 23,972 |  |  | $ | 399,679 |
Total expense | 231,108 |  |  | 62,280 |  |  | 49,691 |  |  | 4,930 |  |  | 34,148 |  |  | 382,157 |
Net income attributable to consolidated CLOs | — |  |  | — |  |  | — |  |  | 2,466 |  |  | 7,583 |  |  | 10,049 |
Pre-tax income (loss) | $ | 25,100 |  |  | $ | 5,510 |  |  | $ | (5,487 | ) |  | $ | 5,041 |  |  | $ | (2,593 | ) |  | $ | 27,571 |
Less: provision for income taxes |  |  |  |  |  |  |  |  |  |  | 5,298 |
Net income before non-controlling interests |  |  |  |  |  |  |  |  |  |  | $ | 22,273 |
Less: net income attributable to non-controlling interests from continuing operations and discontinued operations |  |  |  |  |  |  |  |  |  |  | 4,680 |
Net income (loss) attributable to Tiptree Financial Inc. Class A common stockholders |  |  |  |  |  |  |  |  |  |  | $ | 17,593 |
| Nine Months Ended September 30, 2015
| Insurance and insurance services |  | Specialty finance |  | Real estate |  | Asset management |  | Corporate and other |  | Total
Total revenue | $ | 238,891 |  |  | $ | 33,583 |  |  | $ | 33,334 |  |  | $ | 4,814 |  |  | $ | 337 |  |  | $ | 310,959 |
Total expense | 218,442 |  |  | 31,329 |  |  | 42,096 |  |  | 5,258 |  | (1 | ) | 21,387 |  | (1 | ) | 318,512 |
Net income (loss) attributable to consolidated CLOs | — |  |  | — |  |  | — |  |  | 3,493 |  |  | (6,939 | ) |  | (3,446 | )
Pre-tax income (loss) | $ | 20,449 |  |  | $ | 2,254 |  |  | $ | (8,762 | ) |  | $ | 3,049 |  |  | $ | (27,989 | ) |  | $ | (10,999 | )
Less: (benefit) for income taxes |  |  |  |  |  |  |  |  |  |  | 962 |
Discontinued operations |  |  |  |  |  |  |  |  |  |  | 23,348 |
Net income before non-controlling interests |  |  |  |  |  |  |  |  |  |  | $ | 11,387 |
Less: net income attributable to non-controlling interests from continuing operations and discontinued operations |  |  |  |  |  |  |  |  |  |  | 1,957 |
Net income (loss) attributable to Tiptree Financial Inc. Class A common stockholders |  |  |  |  |  |  |  |  |  |  | $ | 9,430 |
(1) | Bonus of $3,615 was reclassified from Corporate and other to Asset management to conform to the current period presentation.
The following table presents the segment assets for the following periods:
| Insurance and insurance services |  | Specialty finance |  | Real estate |  | Asset management |  | Corporate and other |  | Total
Segment Assets as of September 30, 2016 |  |  |  |  |  |  |  |  |  |  |
Segment assets | $ | 1,002,987 |  |  | $ | 305,010 |  |  | $ | 308,949 |  |  | $ | 3,819 |  |  | $ | 250,322 |  |  | $ | 1,871,087 |
Assets of consolidated CLOs |  |  |  |  |  |  |  |  |  |  | 995,658 |
Total assets |  |  |  |  |  |  |  |  |  |  | $ | 2,866,745 |
Segment Assets as of December 31, 2015 |  |  |  |  |  |  |  |  |  |  |
Segment assets | $ | 929,054 |  |  | $ | 208,201 |  |  | $ | 230,546 |  |  | $ | 1,820 |  |  | $ | 396,537 |  |  | $ | 1,766,158 |
Assets of consolidated CLOs |  |  |  |  |  |  |  |  |  |  | 728,812 |
Total assets |  |  |  |  |  |  |  |  |  |  | $ | 2,494,970 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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