Condensed Financial Information of Registrant (Tables)

12 Months Ended

Dec. 31, 2023

Condensed Financial Information Disclosure [Abstract]

Condensed Balance Sheet

Finance of America Companies Inc.
(Parent Company Only)
Condensed Statements of Financial Condition
(In thousands, except share data)
	December 31, 2023		December 31, 2022
ASSETS
Investment in subsidiaries	$	238,372	$	259,895
TOTAL ASSETS	$	238,372	$	259,895
LIABILITIES AND EQUITY
Payables and other liabilities	$	5,895	$	5,784
TOTAL LIABILITIES	5,895		5,784
EQUITY
Class A Common Stock, $0.0001 par value; 6,000,000,000 shares authorized; 100,599,241 and 67,681,856 shares issued, respectively, and 96,340,741 and 63,423,356 shares outstanding, respectively	10		6
Additional paid-in capital	946,929		888,488
Accumulated deficit	(714,383)		(634,295)
Accumulated other comprehensive loss	(79)		(88)
TOTAL EQUITY	232,477		254,111
TOTAL LIABILITIES AND EQUITY	$	238,372	$	259,895

Condensed Income Statement

Finance of America Companies Inc.
(Parent Company Only)
Condensed Statements of Operations and Comprehensive Loss
(In thousands)
	For the year ended December 31, 2023		For the year ended December 31, 2022
OTHER, NET	$	(788)	$	40,163
NET INCOME (LOSS) BEFORE INCOME TAXES	(788)		40,163
Benefit for income taxes applicable to parent	(677)		(17,524)
NET INCOME (LOSS)	(111)		57,687
Deficit in undistributed loss from subsidiaries	(79,977)		(248,369)
NET LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	(80,088)		(190,682)
Other comprehensive income (loss)	9		(54)
COMPREHENSIVE LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	$	(80,079)	$	(190,736)

Condensed Statement of Comprehensive Income

Finance of America Companies Inc.
(Parent Company Only)
Condensed Statements of Operations and Comprehensive Loss
(In thousands)
	For the year ended December 31, 2023		For the year ended December 31, 2022
OTHER, NET	$	(788)	$	40,163
NET INCOME (LOSS) BEFORE INCOME TAXES	(788)		40,163
Benefit for income taxes applicable to parent	(677)		(17,524)
NET INCOME (LOSS)	(111)		57,687
Deficit in undistributed loss from subsidiaries	(79,977)		(248,369)
NET LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	(80,088)		(190,682)
Other comprehensive income (loss)	9		(54)
COMPREHENSIVE LOSS ATTRIBUTABLE TO CONTROLLING INTEREST	$	(80,079)	$	(190,736)