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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Investments:    
Available for sale securities, at fair value, net of allowance for credit losses $ 584,081 $ 577,448
Loans, at fair value 70,784 105,583
Equity securities 85,103 138,483
Other investments 76,535 168,656
Total investments 816,503 990,170
Cash and cash equivalents 503,488 175,718
Restricted cash 10,344 19,368
Notes and accounts receivable, net 481,985 454,369
Reinsurance receivables 1,194,327 880,836
Deferred acquisition costs 485,199 379,373
Goodwill 185,944 179,103
Intangible assets, net 120,340 122,758
Other assets 162,118 146,844
Assets held for sale 33,836 250,608
Total assets 3,994,084 3,599,147
Liabilities:    
Debt, net 266,255 393,349
Unearned premiums 1,349,357 1,123,952
Policy liabilities and unpaid claims 512,924 331,703
Deferred revenue 628,876 534,863
Reinsurance payable 317,199 265,569
Other liabilities and accrued expenses 399,899 306,536
Liabilities held for sale 0 242,994
Total liabilities 3,474,510 3,198,966
Stockholders’ Equity:    
Preferred stock: $0.001 par value, 100,000,000 shares authorized, none issued or outstanding 0 0
Common stock: $0.001 par value, 200,000,000 shares authorized, 36,247,257 and 34,124,153 shares issued and outstanding, respectively 36 34
Additional paid-in capital 380,196 317,459
Accumulated other comprehensive income (loss), net of tax (47,670) (2,685)
Retained earnings 54,717 68,146
Total Tiptree Inc. stockholders’ equity 387,279 382,954
Total non-controlling interests 132,295 17,227
Total stockholders’ equity 519,574 400,181
Total liabilities and stockholders’ equity 3,994,084 3,599,147
Fortegra preferred interests    
Stockholders’ Equity:    
Total non-controlling interests 77,679 0
Common interests    
Stockholders’ Equity:    
Total non-controlling interests $ 54,616 $ 17,227