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Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Total Tiptree Inc. stockholders’ equity
Common stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings
Non-controlling interests
Non-controlling interests
Fortegra preferred interests
Non-controlling interests
Common interests
Beginning balance (in shares) at Dec. 31, 2020     32,682,462            
Beginning balance at Dec. 31, 2020 $ 373,538 $ 356,144 $ 33 $ 315,014 $ 5,674 $ 35,423 $ 17,394    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Amortization of share-based incentive compensation 3,022 1,759   1,759     1,263    
Vesting of share-based incentive compensation (in shares)     369,556            
Vesting of share-based incentive compensation (4,632) 184   184     (4,816)    
Shares issued in exchange for vested subsidiary awards (in shares) [1]     1,158,009            
Shares issued in exchange for vested subsidiary awards [1] (50) 659 $ 2 657     (709)    
Shares purchased under stock purchase plan (in shares)     (528,662)            
Shares purchased under stock purchase plan (2,882) (2,882) $ (1) (2,881)          
Shares issued upon exercise of warrants (in shares)     207,445            
Non-controlling interest contributions 100           100    
Non-controlling interest distributions (355)               $ (355)
Repurchase of vested subsidiary awards (1,079) (770)   (770)     (309)    
Net change in non-controlling interests and other 0 97   97     (97)    
Dividends declared (4,020) (4,020)       (4,020)      
Other comprehensive income (loss), net of tax (4,535) (4,517)     (4,517)   (18)    
Net income (loss) 43,035 38,558       38,558 4,477    
Ending balance (in shares) at Sep. 30, 2021     33,888,810            
Ending balance at Sep. 30, 2021 402,142 385,212 $ 34 314,060 1,157 69,961 16,930    
Beginning balance (in shares) at Jun. 30, 2021     33,395,395            
Beginning balance at Jun. 30, 2021 405,049 387,018 $ 33 314,983 2,689 69,313 18,031    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Amortization of share-based incentive compensation 1,051 570   570     481    
Vesting of share-based incentive compensation (in shares)     11,586            
Vesting of share-based incentive compensation (4,029) 103   103     (4,132)    
Shares issued in exchange for vested subsidiary awards (in shares) [1]     481,829            
Shares issued in exchange for vested subsidiary awards [1] 0 (1,633) $ 1 (1,634)     1,633    
Non-controlling interest distributions (355)               (355)
Repurchase of vested subsidiary awards (23) 10   10     (33)    
Net change in non-controlling interests and other 0 28   28     (28)    
Dividends declared (1,360) (1,360)       (1,360)      
Other comprehensive income (loss), net of tax (1,538) (1,532)     (1,532)   (6)    
Net income (loss) 3,347 2,008       2,008 1,339    
Ending balance (in shares) at Sep. 30, 2021     33,888,810            
Ending balance at Sep. 30, 2021 402,142 385,212 $ 34 314,060 1,157 69,961 16,930    
Beginning balance (in shares) at Dec. 31, 2021     34,124,153            
Beginning balance at Dec. 31, 2021 400,181 382,954 $ 34 317,459 (2,685) 68,146   $ 0 17,227
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Amortization of share-based incentive compensation 5,814 5,086   5,086         728
Vesting of share-based incentive compensation (in shares)     281,277            
Vesting of share-based incentive compensation (1,379) (293)   (293)         (1,086)
Shares purchased under stock purchase plan (in shares)     (158,162)            
Shares purchased under stock purchase plan (1,654) (1,654)   (1,654)          
Shares issued upon exercise of warrants (in shares)     1,999,989            
Shares issued upon exercise of warrants 13,724 13,724 $ 2 13,722          
Transfer of liability awards 4,847 4,847   4,847          
WP Transaction 167,008 48,285   41,092 7,193     77,679 41,044
Non-controlling interest contributions 250               250
Non-controlling interest distributions (3,611)               (3,611)
Net change in non-controlling interests and other 351 (63)   (63)     414    
Dividends declared (4,284) (4,284)       (4,284)      
Other comprehensive income (loss), net of tax (57,345) (52,178)     (52,178)       (5,167)
Subsidiary preferred dividends declared (1,771) (1,771)       (1,771)      
Net income (loss) (2,557) (7,374)       (7,374)     4,817
Ending balance (in shares) at Sep. 30, 2022     36,247,257            
Ending balance at Sep. 30, 2022 519,574 387,279 $ 36 380,196 (47,670) 54,717   77,679 54,616
Beginning balance (in shares) at Jun. 30, 2022     36,305,016            
Beginning balance at Jun. 30, 2022 525,340 390,405 $ 36 379,371 (30,966) 41,964   77,679 57,256
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Amortization of share-based incentive compensation 1,594 1,486   1,486         108
Vesting of share-based incentive compensation (in shares)     10,860            
Vesting of share-based incentive compensation 120 120   120          
Shares purchased under stock purchase plan (in shares)     (68,619)            
Shares purchased under stock purchase plan (718) (718)   (718)          
WP Transaction 167,008 48,285   41,092 7,193   118,723    
Non-controlling interest distributions (3,028)               (3,028)
Net change in non-controlling interests and other 351 (63)   (63)     $ 414    
Dividends declared (1,470) (1,470)       (1,470)      
Other comprehensive income (loss), net of tax (21,059) (16,704)     (16,704)       (4,355)
Subsidiary preferred dividends declared (1,613) (1,613)       (1,613)      
Net income (loss) 20,057 15,836       15,836     4,221
Ending balance (in shares) at Sep. 30, 2022     36,247,257            
Ending balance at Sep. 30, 2022 $ 519,574 $ 387,279 $ 36 $ 380,196 $ (47,670) $ 54,717   $ 77,679 $ 54,616
[1] Exchange included $50 in cash.