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Other Revenue and Other Expenses | 3 Months Ended
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Mar. 31, 2021
Other Income and Expenses [Abstract] |
Other Revenue and Other Expenses | Other Revenue and Other Expenses Other Revenue The following table presents the components of other revenue as reported in the condensed consolidated statement of operations. Other revenue is primarily generated by Tiptree Capital’s non-insurance activities except as noted in the footnote to the table.
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |  |  |
Other investment income (1) | $ | 12,733 |  |  | $ | 15,064 |  |  |  |  |  |  |
Gain (loss) on sale of businesses (2) | (431) |  |  | — |  |  |  |  |  |  |
Other (3) | 2,254 |  |  | 1,990 |  |  |  |  |  |  |
Total other revenue | $ | 14,556 |  |  | $ | 17,054 |  |  |  |  |  |  |
(1) See Note (6) Investments for the components of Other investment income. (2) Relates to the impairment of Luxury. See Note (4) Assets and Liabilities Held for Sale. (3) Includes $2,129 and $1,885 for the three months ended March 31, 2021 and 2020, respectively, related to Insurance. Other Expenses The following table presents the components of other expenses as reported in the condensed consolidated statement of operations:
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |  |  |
Professional fees | $ | 5,440 |  |  | $ | 7,209 |  |  |  |  |  |  |
General and administrative | 8,003 |  |  | 5,338 |  |  |  |  |  |  |
Premium taxes | 4,936 |  |  | 3,798 |  |  |  |  |  |  |
Mortgage origination expenses | 4,195 |  |  | 3,576 |  |  |  |  |  |  |
Rent and related | 4,136 |  |  | 3,481 |  |  |  |  |  |  |
Operating expenses from vessels | 2,781 |  |  | 4,104 |  |  |  |  |  |  |
Loss on extinguishment of debt | — |  |  | 353 |  |  |  |  |  |  |
Other | 1,876 |  |  | 2,371 |  |  |  |  |  |  |
Total other expenses | $ | 31,367 |  |  | $ | 30,230 |  |  |  |  |  |  |

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
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