Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2017-12-31 | 2017-09-30 | 2017-03-31 | 2016-12-31 | 2016-03-31 | 2015-06-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-08-13 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-08-13 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-06-22 | 2009-03-31 | 2008-09-30 | 2008-06-22 | 2008-06-22 | 2008-03-31 | 2007-09-30 | 2007-06-22 | 2007-06-22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earned premiums | 383,881,000 | 381,941,000 | 363,437,000 | 366,657,000 | 359,496,000 | 398,467,000 | 347,310,000 | 301,416,000 | 291,293,000 | 269,795,000 | 265,330,000 | 242,531,000 | 237,877,000 | 215,941,000 | 208,416,000 | 186,649,000 | 175,026,000 | 176,958,000 | 146,919,000 | 132,997,000 | 116,418,000 | 107,255,000 | 121,321,000 | 134,396,000 | 129,163,000 | 116,576,000 | 118,973,000 | 116,153,000 | 100,044,000 | 98,919,000 | 96,073,000 | 89,231,000 | 184,821,000 | 44,615,000 | 39,707,000 | |||||||||||||||||||||||||||
service and administrative fees | 95,821,000 | 96,847,000 | 97,298,000 | 93,497,000 | 95,362,000 | 105,847,000 | 110,487,000 | 105,678,000 | 100,146,000 | 98,113,000 | 92,032,000 | 87,837,000 | 83,423,000 | 77,625,000 | 71,835,000 | 69,111,000 | 69,664,000 | 63,700,000 | 58,050,000 | 52,683,000 | 47,701,000 | 42,865,000 | 43,724,000 | 27,558,000 | 26,058,000 | 26,728,000 | 25,895,000 | 26,168,000 | 24,891,000 | 24,299,000 | 24,018,000 | 23,776,000 | 79,038,000 | 30,310,000 | 25,545,000 | |||||||||||||||||||||||||||
ceding commissions | 3,483,000 | 3,542,000 | 3,633,000 | 3,859,000 | 3,716,000 | 5,065,000 | 2,744,000 | 4,154,000 | 2,440,000 | 4,676,000 | 3,645,000 | 3,994,000 | 4,023,000 | 3,326,000 | 2,537,000 | 2,957,000 | 2,722,000 | 3,080,000 | 3,025,000 | 4,884,000 | 5,157,000 | 4,535,000 | 6,525,000 | 2,458,000 | 1,598,000 | 3,048,000 | 2,504,000 | 2,257,000 | 2,242,000 | 1,969,000 | 2,513,000 | 2,271,000 | 14,081,000 | 10,703,000 | 10,148,000 | |||||||||||||||||||||||||||
net investment income | 7,397,000 | 10,505,000 | 11,729,000 | 10,726,000 | 9,111,000 | 6,381,000 | 6,758,000 | 7,061,000 | 5,416,000 | 9,088,000 | 5,109,000 | 2,055,000 | 3,632,000 | 3,365,000 | 3,167,000 | 8,565,000 | 3,330,000 | 3,234,000 | 2,767,000 | 1,113,000 | 3,023,000 | 2,292,000 | 3,488,000 | 3,304,000 | 2,984,000 | 3,428,000 | 4,301,000 | 4,810,000 | 4,927,000 | 4,254,000 | 3,840,000 | 4,505,000 | ||||||||||||||||||||||||||||||
net realized and unrealized gains | 34,879,000 | 20,644,000 | 6,831,000 | 14,051,000 | 8,316,000 | 12,578,000 | 15,624,000 | 12,277,000 | 1,457,000 | 8,825,000 | 2,177,000 | 19,933,000 | 17,159,000 | 15,687,000 | 17,204,000 | 31,082,000 | 14,805,000 | 36,092,000 | 69,371,000 | 55,782,000 | 38,959,000 | 30,110,000 | -62,441,000 | 22,248,000 | 16,594,000 | 24,875,000 | 20,151,000 | 11,001,000 | 11,472,000 | 12,424,000 | 7,526,000 | 16,212,000 | 81,123,000 | 6,177,000 | ||||||||||||||||||||||||||||
other revenue | 14,841,000 | 15,271,000 | 14,498,000 | 14,808,000 | 18,361,000 | 18,335,000 | 15,298,000 | 15,788,000 | 15,762,000 | 14,021,000 | 13,332,000 | 13,178,000 | 17,364,000 | 23,899,000 | 21,744,000 | 21,170,000 | 21,058,000 | 16,623,000 | 14,556,000 | 9,936,000 | 12,783,000 | 12,137,000 | 17,054,000 | 18,604,000 | 12,788,000 | 16,417,000 | 12,079,000 | 12,279,000 | 9,133,000 | |||||||||||||||||||||||||||||||||
total revenues | 540,302,000 | 528,750,000 | 497,426,000 | 503,598,000 | 494,362,000 | 546,673,000 | 498,221,000 | 446,374,000 | 416,514,000 | 404,518,000 | 381,625,000 | 369,528,000 | 363,478,000 | 339,843,000 | 324,903,000 | 319,534,000 | 286,605,000 | 299,687,000 | 294,688,000 | 257,395,000 | 224,041,000 | 199,194,000 | 129,671,000 | 208,568,000 | 189,185,000 | 191,072,000 | 183,903,000 | 172,668,000 | 152,709,000 | 95,501,000 | 164,519,000 | 163,908,000 | 435,348,000 | 131,806,000 | 6,700,000 | 576,000 | 576,000 | 4,834,000 | 6,124,000 | 576,000 | 576,000 | |||||||||||||||||||||
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policy and contract benefits | 217,330,000 | 226,472,000 | 209,313,000 | 196,126,000 | 203,442,000 | 233,975,000 | 207,664,000 | 158,419,000 | 153,966,000 | 147,734,000 | 141,675,000 | 122,252,000 | 121,242,000 | 104,665,000 | 104,446,000 | 89,814,000 | 80,831,000 | 89,193,000 | 67,174,000 | 69,137,000 | 57,738,000 | 49,147,000 | 60,876,000 | 46,425,000 | 43,993,000 | 39,422,000 | 40,841,000 | 44,491,000 | 34,174,000 | 29,595,000 | 31,570,000 | 32,992,000 | ||||||||||||||||||||||||||||||
commission expense | 144,919,000 | 140,486,000 | 151,600,000 | 164,587,000 | 154,005,000 | 173,279,000 | 156,948,000 | 160,140,000 | 153,744,000 | 142,699,000 | 146,450,000 | 140,251,000 | 137,559,000 | 127,453,000 | 117,423,000 | 104,103,000 | 104,392,000 | 99,543,000 | 88,645,000 | 73,038,000 | 68,868,000 | 67,903,000 | 70,401,000 | 77,987,000 | 77,430,000 | 72,737,000 | 74,903,000 | 69,222,000 | 62,562,000 | 65,430,000 | 63,066,000 | 56,793,000 | 114,215,000 | 33,038,000 | 23,927,000 | |||||||||||||||||||||||||||
employee compensation and benefits | 62,094,000 | 54,523,000 | 55,084,000 | 52,917,000 | 52,335,000 | 49,917,000 | 49,186,000 | 48,231,000 | 45,663,000 | 44,383,000 | 40,798,000 | 39,730,000 | 38,210,000 | 48,262,000 | 56,455,000 | 60,062,000 | 48,643,000 | 45,693,000 | 52,924,000 | 47,843,000 | 45,715,000 | 40,678,000 | 38,501,000 | 35,181,000 | 34,176,000 | 30,969,000 | 29,153,000 | 28,970,000 | 27,188,000 | 6,512,000 | 36,596,000 | 36,109,000 | ||||||||||||||||||||||||||||||
interest expense | 10,690,000 | 10,862,000 | 10,360,000 | 8,329,000 | 7,614,000 | 8,015,000 | 8,290,000 | 7,467,000 | 6,716,000 | 7,044,000 | 6,465,000 | 5,403,000 | 5,503,000 | 9,135,000 | 10,199,000 | 10,784,000 | 8,657,000 | 8,981,000 | 9,252,000 | 9,064,000 | 8,321,000 | 7,646,000 | 7,551,000 | 6,876,000 | 6,731,000 | 6,532,000 | 6,920,000 | 7,334,000 | 6,655,000 | -2,882,000 | 10,361,000 | 8,779,000 | 23,221,000 | 6,480,000 | 6,194,000 | -416,000 | ||||||||||||||||||||||||||
depreciation and amortization | 5,259,000 | 4,924,000 | 4,881,000 | 5,399,000 | 5,395,000 | 5,291,000 | 5,568,000 | 5,991,000 | 6,347,000 | 5,875,000 | 5,253,000 | 5,259,000 | 5,549,000 | 6,009,000 | 6,156,000 | 6,176,000 | 6,119,000 | 6,208,000 | 5,934,000 | 5,334,000 | 4,010,000 | 4,371,000 | 3,863,000 | 3,661,000 | 3,523,000 | 3,291,000 | 3,094,000 | 3,200,000 | 2,953,000 | -9,940,000 | 7,775,000 | 7,809,000 | 20,091,000 | 8,377,000 | 324,000 | 1,094,000 | 1,002,000 | 992,000 | 994,000 | 982,000 | 991,000 | 604,000 | 604,000 | 868,000 | 868,000 | 604,000 | 604,000 | 855,000 | 837,000 | 1,133,000 | 46,000 | 209,250 | ||||||||||
other incomes | 61,734,000 | 38,771,000 | 40,838,000 | 34,047,000 | 34,790,000 | 35,550,000 | 40,866,000 | 36,061,000 | 28,937,000 | 33,109,000 | 32,811,000 | 31,602,000 | 30,290,000 | 39,512,000 | 31,176,000 | 37,704,000 | 34,379,000 | 38,594,000 | 31,367,000 | 28,411,000 | 25,492,000 | 25,015,000 | 30,230,000 | 28,561,000 | 24,930,000 | 22,416,000 | 23,837,000 | 20,589,000 | 17,600,000 | 1,059,000 | 23,164,000 | 22,833,000 | 74,284,000 | 17,990,000 | 12,929,000 | |||||||||||||||||||||||||||
total expenses | 502,026,000 | 476,038,000 | 472,076,000 | 461,405,000 | 457,581,000 | 506,027,000 | 468,522,000 | 416,309,000 | 395,373,000 | 380,844,000 | 373,452,000 | 344,497,000 | 338,353,000 | 335,036,000 | 325,855,000 | 308,643,000 | 283,021,000 | 288,212,000 | 255,296,000 | 232,827,000 | 210,144,000 | 194,760,000 | 211,422,000 | 198,691,000 | 190,783,000 | 175,367,000 | 178,748,000 | 173,806,000 | 151,132,000 | 89,774,000 | 172,532,000 | 165,315,000 | 416,156,000 | 127,936,000 | 11,883,000 | 9,473,000 | 9,473,000 | 2,656,000 | 2,410,000 | 9,473,000 | 9,473,000 | |||||||||||||||||||||
income before taxes | 38,276,000 | 52,712,000 | 25,350,000 | 42,193,000 | 36,781,000 | 40,646,000 | 29,699,000 | 30,065,000 | 21,141,000 | 23,674,000 | 8,173,000 | 25,031,000 | 25,125,000 | 4,807,000 | -952,000 | 10,891,000 | 3,584,000 | 11,475,000 | 39,392,000 | 24,568,000 | 13,897,000 | 4,434,000 | -81,751,000 | -2,530,250 | -5,430,000 | 2,508,000 | ||||||||||||||||||||||||||||||||||||
less: benefit for income taxes | 22,666,000 | 21,608,000 | 12,382,000 | 12,853,000 | 16,308,000 | 18,673,000 | 13,818,000 | 13,937,000 | 12,273,000 | 11,824,000 | 5,022,000 | 18,913,000 | 5,068,000 | 26,555,000 | -86,000 | 9,875,000 | 237,000 | 2,427,000 | 8,752,000 | 8,403,000 | -844,000 | -5,000 | -21,181,000 | 5,311,000 | -649,000 | 3,501,000 | 854,000 | -611,000 | 701,000 | -9,801,000 | -2,052,000 | 1,166,000 | 13,417,000 | -2,439,000 | -371,000 | |||||||||||||||||||||||||||
net income | 15,610,000 | 31,104,000 | 12,968,000 | 29,340,000 | 20,473,000 | 21,973,000 | 15,881,000 | 16,128,000 | 8,868,000 | 11,850,000 | 3,151,000 | 6,118,000 | 20,057,000 | -21,748,000 | -866,000 | 1,016,000 | 3,347,000 | 9,048,000 | 30,640,000 | 14,048,000 | -148,000 | -476,000 | -88,000 | -239,000 | 294,000 | 16,045,000 | -384,000 | -384,000 | 1,067,000 | -1,113,000 | -4,060,000 | 459,000 | -5,183,000 | -8,897,000 | -8,897,000 | 459,000 | 3,714,000 | -8,897,000 | -8,897,000 | |||||||||||||||||||||||
yoy | -23.75% | 41.56% | -18.34% | 81.92% | 130.86% | 85.43% | 404.00% | 163.62% | -55.79% | -154.49% | -463.86% | 502.17% | 499.25% | -340.36% | -102.83% | -5977.82% | -150.34% | -102.97% | -77.08% | -37.76% | -72.45% | -1541.60% | -54.37% | 0.00% | -239.55% | 0.00% | 0.00% | |||||||||||||||||||||||||||||||||||
qoq | -49.81% | 139.85% | -55.80% | 43.31% | -6.83% | 38.36% | -1.53% | 81.87% | -25.16% | 276.07% | -48.50% | -69.50% | -192.22% | 2411.32% | -185.24% | -69.64% | -63.01% | -70.47% | -9591.89% | -68.91% | 440.91% | -63.18% | -181.29% | -98.17% | -4278.39% | 0.00% | -135.99% | -195.87% | -984.53% | -108.86% | -41.74% | -2038.34% | -2038.34% | -87.64% | -141.74% | |||||||||||||||||||||||||||
net income margin % | 0% | 823.93% | -3.28% | -11.87% | -2.20% | -6.01% | 7.40% | 404.77% | -19.01% | -19.01% | 30.71% | -31.61% | 0% | 0% | 0% | 0% | 0% | 0% | -67.43% | 9.50% | ||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interests | 9,189,000 | 12,144,000 | 7,333,000 | 9,789,000 | 8,558,000 | 9,122,000 | 6,831,000 | 9,257,000 | 6,715,000 | 5,861,000 | 4,213,000 | 5,247,000 | 5,834,000 | 660,000 | 94,000 | 1,442,000 | 1,339,000 | 1,079,000 | 2,059,000 | 1,895,000 | 1,978,000 | 623,000 | -563,000 | 0.00% | 0.00% | |||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 6,421,000 | 18,960,000 | 5,635,000 | 19,551,000 | 11,915,000 | 12,851,000 | 9,050,000 | 6,871,000 | 2,153,000 | 5,989,000 | -1,062,000 | 871,000 | 14,223,000 | -22,408,000 | -960,000 | -426,000 | 2,008,000 | 7,969,000 | 28,581,000 | 14,270,000 | 12,763,000 | 3,816,000 | -60,007,000 | 4,147,000 | -1,457,000 | 11,746,000 | 3,925,000 | -618,000 | 826,000 | 14,032,000 | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||||||||||||||||||||||
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 0.17 | 0.5 | 0.15 | 0.53 | 0.32 | 0.35 | 0.24 | 0.19 | 0.06 | 0.16 | -0.03 | 0.03 | 0.39 | -0.64 | -0.03 | -0.02 | 0.06 | 0.24 | 0.86 | 0.41 | 0.37 | 0.11 | -1.74 | 0.12 | -0.04 | 0.33 | 0.11 | -0.02 | 0.02 | 0.34 | -0.11 | 0.04 | 0.63 | 0.16 | ||||||||||||||||||||||||||||
diluted earnings per share | 0.13 | 0.37 | 0.13 | 0.47 | 0.29 | 0.31 | 0.22 | 0.15 | 0.04 | 0.16 | -0.03 | 0.03 | 0.38 | -0.64 | -0.03 | -0.02 | 0.06 | 0.22 | 0.81 | 0.41 | 0.35 | 0.1 | -1.74 | 0.11 | -0.04 | 0.32 | 0.11 | -0.02 | 0.02 | 0.33 | -0.11 | 0.03 | 0.62 | 0.16 | ||||||||||||||||||||||||||||
weighted-average number of common shares: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 37,565,019 | 37,496,875 | 37,348,219 | 36,872,706 | 36,789,571 | 36,785,305 | 36,769,810 | 36,693,204 | 36,749,199 | 36,742,295 | 36,522,946 | 35,531,149 | 36,304,385 | 35,228,775 | 34,229,011 | 33,223,792 | 33,558,106 | 32,898,769 | 32,420,982 | 33,859,775 | 33,684,301 | 33,984,195 | 34,566,330 | 34,578,292 | 34,552,171 | 34,527,230 | 34,673,054 | 36,402,129 | 36,593,154 | 29,134,190 | 29,455,462 | 28,424,824 | 31,721,449 | 34,976,485 | 31,881,904,000 | |||||||||||||||||||||||||||
diluted | 38,583,747 | 38,617,998 | 38,447,518 | 37,926,792 | 37,818,491 | 37,752,682 | 37,779,412 | 37,619,095 | 37,684,131 | 37,585,811 | 36,522,946 | 35,531,149 | 36,783,248 | 35,228,775 | 34,229,011 | 33,688,256 | 34,132,182 | 33,567,897 | 36,184,019 | 33,859,775 | 33,684,301 | 33,984,195 | 34,566,330 | 34,578,292 | 34,552,171 | 34,527,230 | 34,673,054 | 36,402,129 | 37,386,319 | 37,306,632 | 29,455,462 | 36,749,956 | 31,766,674 | 35,084,505 | 31,881,904,000 | |||||||||||||||||||||||||||
dividends declared per common share | 0.06 | 0.06 | 0.06 | 0.31 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.035 | 0.035 | 0.03 | 0.03 | 0.155 | 0.101 | 0.135 | 0.27 | 0.068 | 0.135 | |||||||||||||||||||||||||
net income before non-controlling interests | -10,347,500 | 14,741,000 | 4,439,000 | -60,570,000 | 4,566,000 | -949,000 | 12,204,000 | 4,301,000 | -527,000 | 876,000 | 12,594,000 | -3,378,000 | 1,342,000 | 24,924,000 | 7,414,000 | 19,794,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income before taxes from continuing operations | 9,877,000 | -1,598,000 | 15,705,000 | 5,155,000 | -1,138,000 | 1,577,000 | 38,341,000 | 4,975,000 | -1,580,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 4,566,000 | -949,000 | 12,204,000 | 4,301,000 | -527,000 | 876,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before taxes from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of discontinued operations | 16,349,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interests - tfp | 108,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interests - other | 419,000 | 508,000 | 458,000 | 376,000 | 91,000 | -58,000 | 353,000 | 331,000 | 34,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
basic, continuing operations | 120 | -40 | 330 | 110 | -20 | 20 | 630 | 160 | -30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
basic, discontinued operations | 500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted, continuing operations | 0.11 | -0.04 | 0.32 | 0.11 | -0.02 | 0.02 | 0.62 | 0.16 | -30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted, discontinued operations | 500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to consolidated clos | 879,000 | 7,216,000 | 8,867,000 | 45,900,000 | 7,677,000 | 19,033,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses attributable to consolidated clos | -185,000 | 4,633,000 | 4,952,000 | 26,751,000 | 6,572,000 | 17,117,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to consolidated clos | 1,064,000 | 2,583,000 | 3,915,000 | 19,149,000 | 1,105,000 | 1,916,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental and related revenue | 13,704,750 | 19,170,000 | 17,403,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 8,455,000 | 11,379,000 | 10,510,000 | 39,926,000 | 3,743,000 | 3,467,000 | 69,000 | 93,000 | 100,000 | 208,000 | 858,000 | 147,000 | 220,000 | 147,000 | 217,000 | |||||||||||||||||||||||||||||||||||||||||||||||
results of consolidated clos: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interests - tiptree financial partners, l.p. | -358,000 | -595,000 | 208,000 | 3,803,000 | 2,629,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to tiptree inc. class a common stockholders | 10,061,000 | -3,114,000 | 1,100,000 | 3,000 | 3,000 | 3,000 | 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per class a common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of class a common shares: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 37,565,019 | 37,496,875 | 37,348,219 | 36,872,706 | 36,789,571 | 36,785,305 | 36,769,810 | 36,693,204 | 36,749,199 | 36,742,295 | 36,522,946 | 35,531,149 | 36,304,385 | 35,228,775 | 34,229,011 | 33,223,792 | 33,558,106 | 32,898,769 | 32,420,982 | 33,859,775 | 33,684,301 | 33,984,195 | 34,566,330 | 34,578,292 | 34,552,171 | 34,527,230 | 34,673,054 | 36,402,129 | 36,593,154 | 29,134,190 | 29,455,462 | 28,424,824 | 31,721,449 | 34,976,485 | 31,881,904,000 | |||||||||||||||||||||||||||
diluted | 38,583,747 | 38,617,998 | 38,447,518 | 37,926,792 | 37,818,491 | 37,752,682 | 37,779,412 | 37,619,095 | 37,684,131 | 37,585,811 | 36,522,946 | 35,531,149 | 36,783,248 | 35,228,775 | 34,229,011 | 33,688,256 | 34,132,182 | 33,567,897 | 36,184,019 | 33,859,775 | 33,684,301 | 33,984,195 | 34,566,330 | 34,578,292 | 34,552,171 | 34,527,230 | 34,673,054 | 36,402,129 | 37,386,319 | 37,306,632 | 29,455,462 | 36,749,956 | 31,766,674 | 35,084,505 | 31,881,904,000 | |||||||||||||||||||||||||||
interest income | 1,921,250 | 7,685,000 | 2,867,000 | -12,000 | -12,000 | -17,000 | -18,000 | -19,000 | -21,000 | -12,000 | -5,000 | -5,000 | -5,000 | -3,000 | -5,000 | -5,000 | -15,000 | -3,000 | ||||||||||||||||||||||||||||||||||||||||||||
gain on sale of loans held for sale | 3,378,750 | 13,515,000 | 4,005,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan fee income | 583,500 | 2,334,000 | 1,882,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental revenue | 3,181,000 | 12,724,000 | 11,191,000 | 1,804,000 | 1,804,000 | 3,170,000 | 3,172,000 | 2,871,000 | 115,000 | 793,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payroll and employee commissions | 7,652,000 | 30,608,000 | 23,429,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
member benefit claims | 1,437,500 | 5,750,000 | 8,240,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net incomees and loss adjustment expense | 4,487,000 | 17,948,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
professional fees | 1,840,500 | 7,362,000 | 3,671,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition and transaction costs | 95,750 | 383,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 24,924,000 | 7,414,000 | -1,209,000 | -2,221,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 4,654,000 | 806,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | 21,003,000 | 16,269,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net (loss) attributable to non-controlling interests - other | -192,500 | -770,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 1,388,750 | 5,555,000 | 14,962,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized gains on investments | 443,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized gains on mortgage pipeline and associated hedging instruments | 368,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net credit derivative losses | -444,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenue | 99,179,000 | 1,705,000 | 4,519,000 | 4,010,000 | 3,999,000 | 3,977,000 | 3,975,000 | 3,964,000 | 2,020,000 | 2,020,000 | 3,474,000 | 3,521,000 | 2,020,000 | 2,020,000 | 5,059,000 | 6,139,000 | 6,618,000 | 3,791,000 | 6,021,000 | 4,834,000 | ||||||||||||||||||||||||||||||||||||||||||
yoy | 2380.10% | -57.13% | 13.69% | 1.16% | 97.97% | 96.88% | 14.42% | 12.58% | 0.00% | 71.98% | -30.40% | -69.48% | -46.72% | -15.98% | 27.00% | |||||||||||||||||||||||||||||||||||||||||||||||
qoq | 5716.95% | -62.27% | 12.69% | 0.28% | 0.55% | 0.05% | 0.28% | 96.24% | 0.00% | -41.85% | -1.33% | 0.00% | -60.07% | -17.59% | -7.24% | 74.57% | -37.04% | 24.56% | ||||||||||||||||||||||||||||||||||||||||||||
net incomees and loss adjustment expenses | 12,926,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization expenses | 11,359,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total expense | 102,675,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests - tiptree financial partners, l.p. | 4,735,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests - other | 97,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income basic | 470 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income dilutive | 470 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental income | 1,094,000 | 3,841,000 | 3,442,000 | 3,442,000 | 3,442,000 | 3,442,000 | 3,788,000 | 1,804,000 | 1,804,000 | 3,276,000 | 3,276,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
reimbursable income | 38,000 | 366,000 | 386,000 | 375,000 | 353,000 | 351,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from investments in loans | 573,000 | 312,000 | 182,000 | 182,000 | 182,000 | 182,000 | 176,000 | 216,000 | 216,000 | 198,000 | 245,000 | 216,000 | 216,000 | 1,820,000 | 2,874,000 | 3,647,000 | 3,468,000 | 8,335,000 | 4,687,000 | 6,480,000 | 4,687,000 | |||||||||||||||||||||||||||||||||||||||||
expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
base services fees to related party | 120,000 | 118,000 | 90,750 | 118,000 | 133,000 | 112,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
incentive fee to related party | 1,537,000 | 1,723,000 | 176,000 | 305,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketing, general and administrative | 1,635,000 | 1,533,000 | 1,537,000 | 1,148,000 | 898,000 | 1,172,000 | 1,210,000 | 985,000 | 985,000 | 1,202,000 | 1,136,000 | 985,000 | 985,000 | 3,031,000 | 2,315,000 | 2,418,000 | 497,000 | 9,399,000 | 1,362,000 | 10,548,000 | 1,045,000 | 989,000 | ||||||||||||||||||||||||||||||||||||||||
reimbursed property expenses | 38,000 | 366,000 | 367,000 | 363,000 | 358,000 | 351,000 | 573,000 | 573,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses | 3,654,000 | 3,111,000 | 3,024,000 | 2,621,000 | 2,383,000 | 2,617,000 | 4,030,000 | 1,691,000 | 1,691,000 | 2,345,000 | 2,413,000 | 1,691,000 | 1,691,000 | 3,146,000 | 1,856,000 | 6,609,000 | 1,816,000 | 12,461,000 | 2,656,000 | |||||||||||||||||||||||||||||||||||||||||||
income from investments in partially-owned entities | -85,000 | -83,000 | -81,000 | -81,000 | -81,000 | 614,000 | 474,000 | 474,000 | 1,269,000 | 941,000 | 1,203,000 | 1,090,000 | 235,250 | 1,108,000 | -1,108,000 | |||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on derivative instruments | 420,000 | -195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on derivative instruments | -86,000 | 9,417,000 | 9,417,000 | 283,000 | 283,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense including amortization of deferred financing costs | 369,000 | 1,651,000 | 1,560,000 | 1,565,000 | 1,599,000 | 1,586,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of bickford portfolio | 15,463,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to non-controlling interest | 16,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income allocated to common stockholders per share of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(loss) from continuing operations, basic | -0.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations, net, basic | 1.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income, basic | 1.37 | -0.01 | -0.04 | -0.01 | -0.03 | 0.03 | 1.58 | -0.04 | -0.04 | 0.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
(loss) from continuing operations, diluted | -0.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations, net, diluted | 1.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income, diluted | 1.37 | -0.01 | -0.04 | -0.01 | -0.03 | 0.03 | 1.55 | -0.04 | -0.04 | 0.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, basic | 10,243,951 | 10,241,502 | 10,209,497 | 10,217,648 | 10,224,845 | 10,175,438 | 10,154,372 | 10,063,386 | 10,063,386 | 10,149,562 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, diluted | 10,258,141 | 10,241,502 | 10,209,497 | 10,217,648 | 10,224,845 | 10,186,222 | 10,309,765 | 10,063,386 | 10,063,386 | 10,167,272 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivative instruments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to care investment trust | -148,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of investments | 77,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) or income from investments in partially-owned entities | -81,000 | -1,309,000 | 474,000 | 474,000 | -1,384,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gain) or loss on derivative instruments | -420,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income or (loss) per share of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
base management and services fees and buyout payments to related party | 75,750 | 102,000 | 102,000 | 99,000 | 104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sales and repayments of loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment to valuation allowance on loans held at locom | -1,247,000 | -1,919,000 | -479,750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized (gain) or loss on derivative instruments | 63,750 | -492,000 | -492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense including amortization and write-off of deferred financing costs | 1,034,750 | 736,000 | 736,000 | 1,374,000 | 1,354,000 | 1,458,000 | 2,111,000 | 1,711,000 | 466,000 | 527,750 | 416,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized loss on derivative instruments | 256,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income, basic and diluted | -0.11 | -0.19 | 0.02 | -0.25 | 0.02 | 0.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, basic and diluted | 10,140,422 | 20,866,526 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management fee and buyout payment to related party | 102,000 | 102,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sales and repayment of loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment to valuation allowance on investments in loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized (gain)/loss on derivative instruments | -492,000 | -492,000 | -259,000 | -317,250 | 195,000 | -0.43 | -0.43 | -0.43 | -0.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, including amortization and write-off of deferred financing costs | 736,000 | 736,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (loss)/income | -384,000 | -384,000 | -540,000 | 2,503,000 | -3,538,000 | 659,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (loss)/income per share of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (loss)/income, basic and diluted | -0.04 | -0.04 | -0.03 | 0.12 | -0.17 | 0.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted weighted-average common shares outstanding | 10,063,386 | 10,063,386 | 20,052,583 | 20,030,662 | 20,893,498 | 20,880,990 | 20,875,070 | 20,864,040 | 20,875,070 | 20,864,040 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
management fee and buyout payments to related party | 507,000 | 645,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sales and repayment of loans | -22,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized loss/(gain) on derivative instruments | -1,269,000 | 633,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management fees to related party | 860,000 | 1,273,000 | 1,980,000 | 1,294,000 | 1,335,000 | 1,294,000 | 1,279,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on loan prepayment | 20,864,040 | 20,864,040 | 20,864,040 | 20,864,040 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on loan held for sale | 2,198,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sale of loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on derivative instruments | -240,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sale of loan to manager | -5,500 | 56,000 | 56,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per share of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | -5,183,000 | 2,178,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -41.74% | -508.49% | -508.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ||||||||||||||||||||||||||||||||||||||||||
income from investment in loans | 5,907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation to manager | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation – other | 142,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management fees paid to related party | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock based compensation to manager | -8,897,000 | -8,897,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock based compensation – other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss per share of common stock | 0.00% | 0.00% |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.