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Earnings Per Share
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The Company calculates basic net income per share of common stock (common share) based on the weighted average number of common shares outstanding, which includes vested corporate RSUs. Unvested corporate RSUs have a non-forfeitable right to participate in dividends declared and paid on the Company’s common stock on an as vested basis and are therefore considered a participating security. The Company calculates basic earnings per share using the “two-class” method under which the income available to common stockholders is allocated to the unvested corporate RSUs.

Diluted net income attributable to common stockholders includes the effect of unvested subsidiaries’ RSUs, when dilutive. The assumed exercise of all potentially dilutive instruments is included in the diluted net income per common share calculation, if dilutive.

The following table presents a reconciliation of basic and diluted net income per common share for the following periods:
Three Months Ended
September 30, 		Nine Months Ended
September 30,
2021202020212020
Net income (loss)$3,347 $14,741 $43,035 $(41,390)
Less:
Net income (loss) attributable to non-controlling interests1,339 1,978 4,477 2,038 
Net income allocated to participating securities35 351 725 — 
Net income (loss) attributable to Tiptree Inc. common shares - basic1,973 12,412 37,833 (43,428)
Effect of Dilutive Securities:
Securities of subsidiaries(73)(461)(905)— 
Adjustments to income relating to exchangeable interests, net of tax1 — 1,820 — 
Net income (loss) attributable to Tiptree Inc. common shares - diluted$1,901 $11,951 $38,748 $(43,428)
Weighted average number of shares of common stock outstanding - basic33,558,106 33,684,301 32,963,451 34,076,837 
Weighted average number of incremental shares of common stock issuable from exchangeable interests and contingent considerations574,076 — 2,061,760 — 
Weighted average number of shares of common stock outstanding - diluted
34,132,182 33,684,301 35,025,211 34,076,837 
Basic net income (loss) attributable to common shares$0.06 $0.37 $1.15 $(1.27)
Diluted net income (loss) attributable to common shares$0.06 $0.35 $1.11 $(1.27)