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Segment Data (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2021
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Total revenues			$	246,706					$	27,425					$	12,474					$	286,605
Total expenses			(233,369)						(21,158)						(17,174)						(271,701)
Corporate expenses			—						—						—						(11,320)
Income (loss) before taxes			$	13,337					$	6,267					$	(4,700)					$	3,584
Less: provision (benefit) for income taxes																					237
Net income (loss)																					$	3,347
Less: net income (loss) attributable to non-controlling interests																					1,339
Net income (loss) attributable to common stockholders																					$	2,008

			Three Months Ended September 30, 2020
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Total revenues			$	174,005					$	35,879					$	14,157					$	224,041
Total expenses			(160,558)						(21,426)						(19,135)						(201,119)
Corporate expenses			—						—						—						(9,025)
Income (loss) before taxes			$	13,447					$	14,453					$	(4,978)					$	13,897
Less: provision (benefit) for income taxes																					(844)
Net income (loss)																					$	14,741
Less: net income (loss) attributable to non-controlling interests																					1,978
Net income (loss) attributable to common stockholders																					$	12,763

			Nine Months Ended September 30, 2021
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Total revenues			$	721,524					$	87,191					$	72,265					$	880,980
Total expenses			(671,955)						(62,072)						(59,351)						(793,378)
Corporate expenses			—						—						—						(33,151)
Income (loss) before taxes			$	49,569					$	25,119					$	12,914					$	54,451
Less: provision (benefit) for income taxes																					11,416
Net income (loss)																					$	43,035
Less: net income (loss) attributable to non-controlling interests																					4,477
Net income (loss) attributable to common stockholders																					$	38,558

			Nine Months Ended September 30, 2020
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Total revenues			$	482,299					$	80,911					$	(10,304)					$	552,906
Total expenses			(481,881)						(60,143)						(49,103)						(591,127)
Corporate expenses			—						—						—						(25,199)
Income (loss) before taxes			$	418					$	20,768					$	(59,407)					$	(63,420)
Less: provision (benefit) for income taxes																					(22,030)
Net income (loss)																					$	(41,390)
Less: net income (loss) attributable to non-controlling interests																					2,038
Net income (loss) attributable to common stockholders																					$	(43,428)

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

			As of September 30, 2021																														As of December 31, 2020
									Tiptree Capital																														Tiptree Capital
			Insurance						Mortgage						Other						Corporate						Total						Insurance						Mortgage						Other						Corporate						Total
Total assets			$	2,832,179					$	205,878					$	314,191					$	26,104					$	3,378,352					$	2,452,798					$	217,138					$	302,068					$	23,756					$	2,995,760

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

			As of September 30, 2021
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Available for sale securities, at fair value, net of allowance for credit losses			$	541,121					$	—					$	—					$	541,121
Loans, at fair value			2,099						87,227						—						89,326
Equity securities			110,198						—						29,220						139,418
Other investments			76,166						10,645						82,018						168,829
Total investments			$	729,584					$	97,872					$	111,238					$	938,694

			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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Publisher FASB
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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