TIPTREE INC
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 30, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
(15) Other Revenue and Other Expenses
Other Revenue
The following table presents the components of other revenue as reported in the condensed consolidated statement of operations.
| Three Months Ended September 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Other investment income (1) | $6,885 | $6,091 | $19,389 | $16,857 |
| Financing interest income | 4,967 | 4,486 | 13,978 | 12,426 |
| Other (2) | 6,509 | 5,185 | 18,627 | 13,832 |
| Total other revenue | $18,361 | $15,762 | $51,994 | $43,115 |
(1) See Note (5) Investments for the components of Other investment income.
(2)Includes $6,150 and $4,690 for the three months ended September 30, 2024 and 2023, respectively, and $17,439 and $11,208 for the nine months ended September 30, 2024 and 2023, respectively, related to Insurance.
Other Expenses
The following table presents the components of other expenses as reported in the condensed consolidated statement of operations:
| Three Months Ended September 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| General and administrative | $11,026 | $9,405 | $31,877 | $28,441 |
| Professional fees | 7,106 | 6,804 | 22,402 | 20,991 |
| Premium taxes | 3,662 | 2,767 | 14,781 | 13,920 |
| Mortgage origination expenses | 3,337 | 3,178 | 9,817 | 9,398 |
| Rent and related | 3,988 | 4,009 | 12,252 | 11,883 |
| Other | 5,671 | 2,774 | 20,077 | 10,224 |
| Total other expenses | $34,790 | $28,937 | $111,206 | $94,857 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.