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Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
$ in Thousands
Total
Total Tiptree Inc. stockholders’ equity
Common stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings
Non-controlling interests
Non-controlling interests
Fortegra preferred interests
Non-controlling interests
Common interests
Beginning balance (in shares) at Dec. 31, 2020     32,682,462            
Beginning balance at Dec. 31, 2020 $ 373,538 $ 356,144 $ 33 $ 315,014 $ 5,674 $ 35,423   $ 0 $ 17,394
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Amortization of share-based incentive compensation 4,056 2,331   2,331         1,725
Vesting of share-based incentive compensation (in shares)     596,601            
Vesting of share-based incentive compensation (1,253) 3,563   3,563         (4,816)
Shares issued in exchange for vested subsidiary awards (in shares) [1]     1,166,307            
Shares issued in exchange for vested subsidiary awards [1] (1,458) 107 $ 2 105         (1,565)
Shares purchased under stock purchase plan (in shares)     (528,662)            
Shares purchased under stock purchase plan (2,882) (2,882) $ (1) (2,881)          
Shares issued upon exercise of warrants (in shares)     207,445            
Repurchase of vested subsidiary awards (1,079) (770)   (770)         (309)
Non-controlling interest contributions 100               100
Non-controlling interest distributions (1,095)               (1,095)
Net change in non-controlling interests and other 0 97   97         (97)
Common stock dividends declared (5,409) (5,409)       (5,409)      
Other comprehensive income (loss), net of tax (8,388) (8,359)     (8,359)       (29)
Net income (loss) 44,051 38,132       38,132     5,919
Ending balance (in shares) at Dec. 31, 2021     34,124,153            
Ending balance at Dec. 31, 2021 400,181 382,954 $ 34 317,459 (2,685) 68,146   0 17,227
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Amortization of share-based incentive compensation 7,469 6,600   6,600         869
Vesting of share-based incentive compensation (in shares)     292,548            
Vesting of share-based incentive compensation (1,258) (172)   (172)         (1,086)
Shares issued in exchange for vested subsidiary awards (in shares) [2]     114,353            
Shares issued in exchange for vested subsidiary awards [2] (181) 866   866         (1,047)
Shares purchased under stock purchase plan (in shares)     (165,040)            
Shares purchased under stock purchase plan (1,727) (1,727)   (1,727)          
Shares issued upon exercise of warrants (in shares)     1,999,989            
Shares issued upon exercise of warrants 13,724 13,724 $ 2 13,722          
Shares issued upon exercise of options (in shares)     19,296            
Transfer of liability awards 4,847 4,847   4,847          
WP Transaction 167,008 48,285   41,092 7,193   $ 118,723 77,679 41,044
Non-controlling interest contributions 250               250
Non-controlling interest distributions (3,939)               (3,939)
Net change in non-controlling interests and other 449 (42)   (42)     $ 491    
Common stock dividends declared (5,759) (5,759)       (5,759)      
Other comprehensive income (loss), net of tax (47,668) (43,937)     (43,937)       (3,731)
Subsidiary preferred dividends declared (3,384) (3,384)       (3,384)      
Net income (loss) 3,561 (4,890)       (4,890)     8,451
Ending balance (in shares) at Dec. 31, 2022     36,385,299            
Ending balance at Dec. 31, 2022 533,573 397,365 $ 36 382,645 (39,429) 54,113   77,679 58,529
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Amortization of share-based incentive compensation 7,708 5,845   5,845         1,863
Vesting of share-based incentive compensation (in shares)     315,881            
Vesting of share-based incentive compensation (719) (249) $ 1 (250)         (470)
Shares issued upon exercise of options (in shares)     55,007            
Non-controlling interest distributions (4,959) (1,751)   (1,751)         (3,208)
Net change in non-controlling interests and other (3,345) (4,250)   (4,250)         905
Common stock dividends declared (7,401) (7,401)       (7,401)      
Other comprehensive income (loss), net of tax 18,111 13,356     13,356       4,755
Subsidiary preferred dividends declared (6,400) (6,400)       (6,400)      
Net income (loss) 39,997 20,351       20,351     19,646
Ending balance (in shares) at Dec. 31, 2023     36,756,187            
Ending balance at Dec. 31, 2023 $ 576,565 $ 416,866 $ 37 $ 382,239 $ (26,073) $ 60,663   $ 77,679 $ 82,020
[1] Exchange included $1,458 in cash.
[2] Exchange included $181 in cash