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Segment Data (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of Operating Segments

The tables below present the components of revenue, expense, income (loss) before taxes, and assets for our reportable segments as well as Tiptree Capital - Other for the following periods:

			Three Months Ended March 31, 2021
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Total revenues			$	222,563					$	34,494					$	37,631					$	294,688
Total expenses			(201,035)						(21,417)						(22,637)						(245,089)
Corporate expenses			—						—						—						(10,207)
Income (loss) before taxes			$	21,528					$	13,077					$	14,994					$	39,392
Less: provision (benefit) for income taxes																					8,752
Net income (loss)																					$	30,640
Less: net income (loss) attributable to non-controlling interests																					2,059
Net income (loss) attributable to common stockholders																					$	28,581

			Three Months Ended March 31, 2020
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Total revenues			$	143,340					$	16,220					$	(29,889)					$	129,671
Total expenses			(170,457)						(17,310)						(15,352)						(203,119)
Corporate expenses			—						—						—						(8,303)
Income (loss) before taxes			$	(27,117)					$	(1,090)					$	(45,241)					$	(81,751)
Less: provision (benefit) for income taxes																					(21,181)
Net income (loss)																					$	(60,570)
Less: net income (loss) attributable to non-controlling interests																					(563)
Net income (loss) attributable to common stockholders																					$	(60,007)

The Company conducts its operations primarily in the U.S. with 4.9% and 8.3% of total revenues generated overseas for the three months ended March 31, 2021 and 2020, respectively.

The following table presents the reportable segments and Tiptree Capital - Other assets for the following periods:

			As of March 31, 2021																														As of December 31, 2020
									Tiptree Capital																														Tiptree Capital
			Insurance						Mortgage						Other						Corporate						Total						Insurance						Mortgage						Other						Corporate						Total
Total assets			$	2,471,077					$	241,926					$	294,008					$	41,602					$	3,048,613					$	2,452,798					$	217,138					$	302,068					$	23,756					$	2,995,760

The following table presents the Company's investments related to insurance operations (Insurance) and investments from other Tiptree investing activities (Tiptree Capital), measured at fair value as of the following periods:

			As of March 31, 2021
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Available for sale securities, at fair value, net of allowance for credit losses			$	409,947					$	—					$	—					$	409,947
Loans, at fair value			10,832						99,626						—						110,458
Equity securities			105,548						—						39,474						145,022
Other investments			122,417						12,021						84,033						218,471
Total investments			$	648,744					$	111,647					$	123,507					$	883,898

			As of December 31, 2020
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Available for sale securities, at fair value, net of allowance for credit losses			$	377,133					$	—					$	—					$	377,133
Loans, at fair value			7,795						82,937						—						90,732
Equity securities			98,130						—						25,708						123,838
Other investments			125,833						9,439						84,429						219,701
Total investments			$	608,891					$	92,376					$	110,137					$	811,404

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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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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