Company: TIPT
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001393726-25-000028
Chunk: 199

Company: TIPTREE INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 199
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Other AssetsThe following table presents the components of other assets as reported in the consolidated balance sheets:As of December 31,20242023Accrued investment income$12,415 $6,269 Loans eligible for repurchase56,279 32,183 Mortgage servicing rights42,611 40,836 Right of use assets - operating leases (1)27,816 31,469 Income tax receivable1,976 1,275 Furniture, fixtures and equipment, net27,321 29,624 Due from broker/trustee28,327 — Prepaid expenses12,481 12,985 Other4,632 10,874 Total other assets$213,858 $165,515  (1)          See Note (21) Commitments and Contingencies for additional information.The following table presents the depreciation expense related to furniture, fixtures and equipment for the following periods:For the Year Ended December 31,202420232022Depreciation expense related to furniture, fixtures and equipment$6,161 $6,370 $3,954 

F-52

TIPTREE INC. AND SUBSIDIARIESNotes to Consolidated Financial StatementsDecember 31, 2024(in thousands, except share data)

Other Liabilities and Accrued ExpensesThe following table presents the components of other liabilities and accrued expenses as reported in the consolidated balance sheets:As of December 31,20242023Accounts payable and accrued expenses$83,287 $114,568 Loans eligible for repurchase liability56,279 32,183 Deferred tax liabilities, net170,802 139,845 Operating lease liabilities (1)36,588 40,403 Commissions payable7,066 36,728 Derivative liabilities11,127 4,503 Due to broker/trustee2,693 17,054 Other40,083 18,460 Total other liabilities and accrued expenses$407,925 $403,744 (1)           See Note (21) Commitments and Contingencies for additional information.

(16) Other Revenue and Other Expenses

Other RevenueThe following table presents the components of other revenue as reported in the consolidated statement of operations.For the Year Ended December 31,202420232022Other investment income (1)$25,873 $24,263 $53,660 Financing interest income18