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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income available to common stockholders $ 13,983 $ 3,665
Net income 17,775 7,624
Discontinued operations, net (23,348) (3,476)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Net realized and unrealized (gain) loss (7,106) (2,178)
Non cash compensation expense 0 547
Increase in non cash interest from investments in loans 0 (198)
Amortization/accretion of premiums and discounts 1,315 (141)
Depreciation and amortization expense 26,823 3,410
Provision for loan losses 140 0
Amortization and write off of deferred financing costs 457 91
Increase in unearned premiums from acquisitions 33,735 0
Increase in other liabilities and accrued expenses 50,225 64,779
Loss/(income) from investments in partially-owned entities, net 63 (680)
Loans originated for sale (379,583) (165,730)
Proceeds from sale of loans 358,729 164,962
Increase in reinsurance receivables (35,289) 0
Deferred tax expense (11,156) (3,209)
(Increase) in other assets (57,452) (4,067)
Increase in unpaid claims 7,541 0
(Decrease) in policy holder accounts (1,268) 0
Operating activities from CLOs 17,004 (625)
Cash (used in) provided by operating activities - continuing operations (1,395) 61,109
Cash provided by (used in) operating activities - discontinued operations (6,198) (3,633)
Net cash (used in) provided by operating activities (7,593) 57,476
Cash flows from investing activities:    
Purchases of trading securities and loans carried at fair value (64,159) (203,313)
Proceeds from sales of trading securities and loans carried at fair value 3,240 248,603
Purchases of available for sale securities (28,373) 0
Proceeds from maturities, calls, and prepayments of available for sale securities 16,405 0
Proceeds from sales of available for sale securities 1,733 0
Purchases of derivatives 0 (986)
Purchases of real estate (83,698) (96)
Purchases of fixed assets (2,211) (17)
Net proceeds from the sale of subsidiaries 113,807 0
Proceeds from loan repayments/disposal of loans 1,069 648
(Decrease) increase in restricted cash (2,040) 3,601
Acquisitions, net cash (3,000) 6,689
Change in noncontrolling interest 2,003 0
Proceeds from distributions paid by partially owned entities 2,275 210
Change due to consolidation of trusts 0 (69)
Investing activities from CLOs 57,991 (298,199)
Cash provided by (used in) investing activities - continuing operations 15,042 (242,929)
Cash provided by investing activities from discontinued operations 11,866 8,423
Net cash provided by (used in) investing activities 26,908 (234,506)
Cash flows from financing activities:    
Dividends paid (2,094) 0
Payment of debt issuance costs (1,839) (264)
Proceeds from loans and mortgage notes payable 499,921 219,856
Principal paydowns of loans and mortgage notes payable (398,835) (318,072)
Proceeds from issuance of common units of subsidiaries 1,772 0
Repurchase of common stock (2,393) 0
Financing activities from CLOs (22,095) 280,003
Cash provided by financing activities - continuing operations 74,437 181,523
Cash (used in) financing activities - discontinued operations (5,000) (3,000)
Net cash provided by financing activities 69,437 178,523
Net increase in cash 88,752 1,493
Cash and cash equivalents – unrestricted – beginning of period 81,348 120,557
Cash and cash equivalents – unrestricted – end of period 170,100 122,050
Cash and cash equivalents of continuing operations – unrestricted – end of period 52,987  
Noncash investing and financing activities:    
Capital change due to equity compensation 2,097 578
Net assets related to acquisitions 0 (3,275)
PFG [Member]    
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Cash provided by (used in) operating activities - discontinued operations (6,198) (3,633)
Cash flows from investing activities:    
Cash provided by investing activities from discontinued operations 11,866 8,423
Cash flows from financing activities:    
Cash (used in) financing activities - discontinued operations (5,000) (3,000)
Less: Reclassification of cash to assets held for sale 0 24,702
Noncontrolling interests - other [Member] | Noncontrolling interest    
Cash flows from operating activities:    
Net income (loss) attributable to noncontrolling interests (83) (592)
Net income (83)  
Tiptree Financial Partners, L.P. | Noncontrolling interest    
Cash flows from operating activities:    
Net income (loss) attributable to noncontrolling interests 3,875 $ 4,551
Net income $ 3,875