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Dispositions and Assets and Liabilities Held for Sale
12 Months Ended
Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Dispositions and Assets and Liabilities Held for Sale Dispositions and Assets and Liabilities Held for Sale
Dispositions

As of December 31, 2023, all remaining tanker and dry-bulk vessels had been sold. During the year ended December 31, 2022, the Company completed the sale of three dry bulk vessels and two product tankers from its maritime shipping operations. The Company recognized a net gain of $34,803, based on proceeds of $116,678 plus final settlement of assets. The transactions did not meet the requirements to be classified as discontinued operations.

Assets and Liabilities Held for Sale

The Company entered into a definitive agreement to sell Luxury, which was classified as held for sale at December 31, 2021. The Company deconsolidated Luxury effective as of July 1, 2022 due to the execution of an amendment to the definitive agreement to sell Luxury on that date. As of that date, Tiptree no longer had a variable interest in Luxury and all of the risks and rewards associated with Luxury were transferred to the buyer. The transaction did not meet the requirements to be classified as a discontinued operation.
Luxury’s earnings had no impact on net income (loss) attributable to common stockholders for the years ended December 31, 2023, 2022 and 2021.