| Schedule of accumulated other comprehensive income (loss) |
The following table presents the activity of AFS securities in AOCI, net of tax, for the following periods:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized gains (losses) on available for sale securities |
|
|
Foreign currency translation adjustment |
|
|
Total AOCI |
|
|
Amount attributable to non-controlling interests |
|
|
Total AOCI to Tiptree Inc. |
|
Balance at December 31, 2024 |
|
$ |
(32,266 |
) |
|
$ |
(2,529 |
) |
|
$ |
(34,795 |
) |
|
$ |
7,045 |
|
|
$ |
(27,750 |
) |
Other comprehensive income (losses) before reclassifications |
|
|
13,795 |
|
|
|
13,051 |
|
|
|
26,846 |
|
|
|
(7,256 |
) |
|
|
19,590 |
|
Amounts reclassified from AOCI |
|
|
404 |
|
|
|
— |
|
|
|
404 |
|
|
|
— |
|
|
|
404 |
|
OCI |
|
|
14,199 |
|
|
|
13,051 |
|
|
|
27,250 |
|
|
|
(7,256 |
) |
|
|
19,994 |
|
Balance at September 30, 2025 |
|
$ |
(18,067 |
) |
|
$ |
10,522 |
|
|
$ |
(7,545 |
) |
|
$ |
(211 |
) |
|
$ |
(7,756 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2025 |
|
$ |
(13,242 |
) |
|
$ |
5,918 |
|
|
$ |
(7,324 |
) |
|
$ |
(172 |
) |
|
$ |
(7,496 |
) |
Other comprehensive income (losses) before reclassifications |
|
|
(2,060 |
) |
|
|
— |
|
|
|
(2,060 |
) |
|
|
— |
|
|
|
(2,060 |
) |
Amounts reclassified from AOCI |
|
|
13,245 |
|
|
|
(5,918 |
) |
|
|
7,327 |
|
|
|
172 |
|
|
|
7,499 |
|
OCI |
|
|
11,185 |
|
|
|
(5,918 |
) |
|
|
5,267 |
|
|
|
172 |
|
|
|
5,439 |
|
Balance at September 30, 2026 |
|
$ |
(2,057 |
) |
|
$ |
— |
|
|
$ |
(2,057 |
) |
|
$ |
— |
|
|
$ |
(2,057 |
) |
|
| Schedule of Reclassification out of accumulated other comprehensive income |
The following table presents the reclassification adjustments out of AOCI included in net income and the impacted line items on the condensed consolidated statement of operations for the following periods:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
|
Affected line item in consolidated statements |
Components of AOCI |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
|
of operations |
Unrealized gains (losses) on available for sale securities |
|
$ |
(3 |
) |
|
$ |
— |
|
|
$ |
(3 |
) |
|
$ |
— |
|
|
Net realized and unrealized gains (losses) |
Unrealized gains (losses) on available for sale securities related to discontinued operations |
|
|
— |
|
|
|
65 |
|
|
|
(7,767 |
) |
|
|
(523 |
) |
|
Gain (loss) on sale of discontinued operations |
Release of cumulative translation adjustment |
|
|
— |
|
|
|
— |
|
|
|
5,918 |
|
|
|
— |
|
|
Gain (loss) on sale of discontinued operations |
Removal of noncontrolling interest upon disposal of subsidiary |
|
|
— |
|
|
|
— |
|
|
|
(172 |
) |
|
|
— |
|
|
Gain (loss) on sale of discontinued operations |
Related tax (expense) benefit |
|
|
— |
|
|
|
(15 |
) |
|
|
(5,475 |
) |
|
|
119 |
|
|
Provision for income tax |
Net of tax |
|
$ |
(3 |
) |
|
$ |
50 |
|
|
$ |
(7,499 |
) |
|
$ |
(404 |
) |
|
|
|