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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Investments:    
Available for sale securities, at fair value, net of allowance for credit losses $ 606,462 $ 577,448
Loans, at fair value 91,387 105,583
Equity securities 96,876 138,483
Other investments 81,690 168,656
Total investments 876,415 990,170
Cash and cash equivalents 337,916 175,718
Restricted cash 13,397 19,368
Notes and accounts receivable, net 471,462 454,369
Reinsurance receivables 1,029,924 880,836
Deferred acquisition costs 433,614 379,373
Goodwill 186,567 179,103
Intangible assets, net 125,265 122,758
Other assets 151,867 146,844
Assets held for sale 106,282 250,608
Total assets 3,732,709 3,599,147
Liabilities:    
Debt, net 261,781 393,349
Unearned premiums 1,219,115 1,123,952
Policy liabilities and unpaid claims 441,078 331,703
Deferred revenue 593,235 534,863
Reinsurance payable 292,355 265,569
Other liabilities and accrued expenses 330,659 306,536
Liabilities held for sale 69,146 242,994
Total liabilities 3,207,369 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, 36,305,016 and 34,124,153 shares issued and outstanding, respectively 36 34
Additional paid-in capital 379,371 317,459
Accumulated other comprehensive income (loss), net of tax (30,966) (2,685)
Retained earnings 41,964 68,146
Total Tiptree Inc. stockholders’ equity 390,405 382,954
Total non-controlling interests 134,935 17,227
Total stockholders’ equity 525,340 400,181
Total liabilities and stockholders’ equity 3,732,709 3,599,147
Fortegra preferred interests    
Stockholders’ Equity:    
Total non-controlling interests 77,679 0
Common interests    
Stockholders’ Equity:    
Total non-controlling interests $ 57,256 $ 17,227