XML 59 R47.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Summary of Significant Accounting Policies (Details) - USD ($) $ / shares in Units, $ in Millions |  |  |  |  |  |  | 1 Months Ended | 3 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Apr. 26, 2024 | Apr. 24, 2024 | Mar. 28, 2024 | Mar. 08, 2024 | Mar. 06, 2024 | Feb. 23, 2024 | Apr. 24, 2024 | Mar. 31, 2024 | Dec. 31, 2023
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Common stock, shares issued (in shares) |  |  |  |  |  |  |  | 81,373,919 | 80,722,983
Cash proceeds from the sale of common stock |  |  |  |  |  |  |  | $ 35.0 |
Series C Preferred Stock | Subsequent Event |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Consideration to be received on sale of stock |  |  |  |  |  |  | $ 10.0 |  |
Lancer Capital | Series C Preferred Stock | Subsequent Event |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Consideration to be received on sale of stock |  |  |  |  |  |  | $ 6.3 |  |
Issuance of common stock (in shares) |  |  |  |  |  |  | 6,286 |  |
DBMGi | Non-Operating Corporate |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Debt covenant, mandatory prepayment, proceeds from certain asset sales, amount threshold |  |  |  |  |  |  |  | $ 3.0 |
Debt covenant, mandatory prepayment, proceeds from equity sales percentage |  |  |  |  |  |  |  | 12.50% |
CGIC | Subsequent Event | Secured Debt |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Repayments of long-term debt | $ 4.1 |  |  |  |  |  |  |  |
Rights Offering |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Issuance of common stock (in shares) |  |  |  |  | 0.2858 |  |  |  |
Sale of stock (in USD per share) |  |  |  |  | $ 0.70 |  |  |  |
Rights Offering | Subsequent Event |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Common stock, shares issued (in shares) |  | 5,306,105 |  |  |  |  | 5,306,105 |  |
Cash proceeds from the sale of common stock |  | $ 3.7 |  |  |  |  |  |  |
Rights Offering | Lancer Capital | Series C Preferred Stock |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Unit price (in USD per share) |  |  |  |  |  | $ 1,000 |  |  |
Rights Offering | Lancer Capital |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Consideration to be received on sale of stock |  |  |  | $ 19.0 |  |  |  |  |
Private Placement | Series C Preferred Stock |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Consideration to be received on sale of stock |  |  | $ 25.0 |  |  |  |  |  |
Private Placement | Lancer Capital | Preferred stock and fixed maturities |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Issuance of preferred stock in private placement |  |  |  |  |  | $ 16.0 |  | $ 16.0 |
Rights Offering And Concurrent Private Placement |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Sale of stock (in USD per share) |  |  |  |  |  |  |  | $ 0.70 |
Cash proceeds from the sale of common stock |  |  |  |  |  |  |  | $ 35.0 |
Stock issuance cost other offering expenses |  |  |  |  |  |  |  | 1.8 |
Stock issuance costs recognized |  |  |  |  |  |  |  | 0.5 |
Rights Offering And Concurrent Private Placement | Subsequent Event |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Stock issuance cost other offering expenses |  |  |  |  |  |  | $ 0.3 |  |
Rights Offering And Concurrent Private Placement | Series C Preferred Stock |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Stock issuance cost other offering expenses |  |  |  |  |  |  |  | $ 1.3 |
Rights Offering And Concurrent Private Placement | Lancer Capital | Series C Preferred Stock |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Unit price (in USD per share) |  |  |  |  |  |  |  | $ 1,000 |
Rights Offering And Concurrent Private Placement | Lancer Capital | Series C Preferred Stock | Subsequent Event |  |  |  |  |  |  |  |  |
Subsidiary, Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |
Issuance of common stock (in shares) |  |  |  |  |  |  | 6,286 |  |

X
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_CommonStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash outflow for cost incurred directly with the issuance of an equity security. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-15 + Details
Name: | us-gaap_PaymentsOfStockIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow from the additional capital contribution to the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 14 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-14 + Details
Name: | us-gaap_ProceedsFromIssuanceOfCommonStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-03(i)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479886/946-10-S99-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-15 + Details
Name: | us-gaap_RepaymentsOfLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Cash received on stock transaction after deduction of issuance costs. + References No definition available. + Details
Name: | us-gaap_SaleOfStockConsiderationReceivedOnTransaction
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The number of shares issued or sold by the subsidiary or equity method investee per stock transaction. + References No definition available. + Details
Name: | us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. + References No definition available. + Details
Name: | us-gaap_SaleOfStockPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SubsidiarySaleOfStockLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Covenant, Mandatory Prepayment, Proceeds From Certain Asset Sales, Amount Threshold + References No definition available. + Details
Name: | vate_DebtCovenantMandatoryPrepaymentProceedsFromCertainAssetSalesAmountThreshold
Namespace Prefix: | vate_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Debt Covenant, Mandatory Prepayment, Proceeds from Equity Sales Percentage + References No definition available. + Details
Name: | vate_DebtCovenantMandatoryPrepaymentProceedsFromEquitySalesPercentage
Namespace Prefix: | vate_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Share Issuance Price Per Share + References No definition available. + Details
Name: | vate_ShareIssuancePricePerShare
Namespace Prefix: | vate_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Stock Issuance Costs Recognized + References No definition available. + Details
Name: | vate_StockIssuanceCostsRecognized
Namespace Prefix: | vate_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Stock Issued During Period Value Issuance Of Preferred Stock In Private Placement + References No definition available. + Details
Name: | vate_StockIssuedDuringPeriodValueIssuanceOfPreferredStockInPrivatePlacement
Namespace Prefix: | vate_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesCPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vate_LancerCapitalMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vate_DBMGiMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=vate_NonOperatingCorporateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vate_CGIMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=vate_RightsOfferingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=vate_LancerCapitalMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=us-gaap_PrivatePlacementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_PreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=vate_RightsOfferingAndConcurrentPrivatePlacementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |