Operating Segment Data (Tables)

9 Months Ended

Sep. 30, 2023

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, 2023
			Tiptree Capital
	Insurance		Mortgage		Other		Total
Total revenues	$	406,779	$	14,718	$	(4,983)	$	416,514
Total expenses	(371,057)		(14,359)		(1,511)		(386,927)
Corporate expenses	—		—		—		(8,446)
Income (loss) before taxes	$	35,722	$	359	$	(6,494)	$	21,141
Less: provision (benefit) for income taxes							12,273
Net income (loss)							$	8,868
Less: net income (loss) attributable to non-controlling interests							6,715
Net income (loss) attributable to common stockholders							$	2,153

	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

	Nine Months Ended September 30, 2023
			Tiptree Capital
	Insurance		Mortgage		Other		Total
Total revenue	$	1,159,900	$	43,346	$	(589)	$	1,202,657
Total expense	(1,074,316)		(44,240)		(3,008)		(1,121,564)
Corporate expense	—		—		—		(28,105)
Income (loss) before taxes	$	85,584	$	(894)	$	(3,597)	$	52,988
Less: provision (benefit) for income taxes							29,119
Net income (loss)							$	23,869
Less: net income (loss) attributable to non-controlling interests							16,789
Net income (loss) attributable to common stockholders							$	7,080

	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)

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

	As of September 30, 2023										As of December 31, 2022
			Tiptree Capital										Tiptree Capital
	Insurance		Mortgage		Other		Corporate		Total		Insurance		Mortgage		Other		Corporate		Total
Total assets	$	4,519,854	$	171,701	$	135,267	$	569	$	4,827,391	$	3,702,577	$	156,122	$	86,402	$	94,462	$	4,039,563

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, 2023
			Tiptree Capital
	Insurance		Mortgage		Other		Total
Available for sale securities, at fair value, net of allowance for credit losses	$	669,566	$	—	$	31,672	$	701,238
Loans, at fair value	13,888		62,087		—		75,975
Equity securities	26,291		—		37,165		63,456
Other investments	86,290		4,081		2,464		92,835
Total investments	$	796,035	$	66,168	$	71,301	$	933,504

	As of December 31, 2022
			Tiptree Capital
	Insurance		Mortgage		Other		Total
Available for sale securities, at fair value, net of allowance for credit losses	$	611,980	$	—	$	—	$	611,980
Loans, at fair value	14,312		50,531		—		64,843
Equity securities	72,992		—		12,784		85,776
Other investments	66,163		4,038		2,824		73,025
Total investments	$	765,447	$	54,569	$	15,608	$	835,624