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Operating Segment Data (Tables)

9 Months Ended

Sep. 30, 2022

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, 2022
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Total revenues			$	327,028					$	15,611					$	20,839					$	363,478
Total expenses			(311,724)						(16,551)						(1,762)						(330,037)
Corporate expenses			—						—						—						(8,316)
Income (loss) before taxes			$	15,304					$	(940)					$	19,077					$	25,125
Less: provision (benefit) for income taxes																					5,068
Net income (loss)																					$	20,057
Less: net income (loss) attributable to non-controlling interests																					5,834
Net income (loss) attributable to common stockholders																					$	14,223

			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

			Nine Months Ended September 30, 2022
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Total revenues			$	903,388					$	59,201					$	65,635					$	1,028,224
Total expenses			(864,331)						(55,851)						(45,167)						(965,349)
Corporate expenses			—						—						—						(33,895)
Income (loss) before taxes			$	39,057					$	3,350					$	20,468					$	28,980
Less: provision (benefit) for income taxes																					31,537
Net income (loss)																					$	(2,557)
Less: net income (loss) attributable to non-controlling interests																					6,588
Net income (loss) attributable to common stockholders																					$	(9,145)

			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

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

			As of September 30, 2022																														As of December 31, 2021
									Tiptree Capital																														Tiptree Capital
			Insurance						Mortgage						Other						Corporate						Total						Insurance						Mortgage						Other						Corporate						Total
Total assets			$	3,648,191					$	167,015					$	73,311					$	105,567					$	3,994,084					$	3,002,152					$	201,134					$	384,564					$	11,297					$	3,599,147

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, 2022
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Available for sale securities, at fair value, net of allowance for credit losses			$	584,081					$	—					$	—					$	584,081
Loans, at fair value			12,584						58,200						—						70,784
Equity securities			69,229						—						15,874						85,103
Other investments			66,805						7,404						2,326						76,535
Total investments			$	732,699					$	65,604					$	18,200					$	816,503

			As of December 31, 2021
									Tiptree Capital
			Insurance						Mortgage						Other						Total
Available for sale securities, at fair value, net of allowance for credit losses			$	577,448					$	—					$	—					$	577,448
Loans, at fair value			7,099						98,484						—						105,583
Equity securities			109,684						—						28,799						138,483
Other investments			79,975						7,981						80,700						168,656
Total investments			$	774,206					$	106,465					$	109,499					$	990,170

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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
-SubTopic 10
-Section 50
-Paragraph 22
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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