10-K Filing

INNOVATE Corp. CIK: 1006837 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001006837-20-000044`
Period End Date	20191231
Filing Date	20200316
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	hchc-20191231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 58 Cash Flow Statement 96 Stockholders Equity 32 Comprehensive Income 16

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.39M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.81M	shares	Point-in-time
Fixed maturity securities, available-for-sale at fair value	`AvailableForSaleSecuritiesDebtSecurities`	$3.39B	USD	Point-in-time
Fixed maturity securities, available-for-sale at fair value	`AvailableForSaleSecuritiesDebtSecurities`	$4.03B	USD	Point-in-time
Equity securities	`EquitySecuritiesFvNi`	$92.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.91M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.07M	shares	Point-in-time
Equity securities	`EquitySecuritiesFvNi`	$200.50M	USD	Point-in-time
Mortgage loans	`MortgageLoansOnRealEstate`	$137.60M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	742,824.00	shares	Point-in-time
Mortgage loans	`MortgageLoansOnRealEstate`	$183.50M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	483,579.00	shares	Point-in-time
Policy loans	`PolicyLoansReceivable`	$19.80M	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$19.10M	USD	Point-in-time
Other invested assets	`OtherInvestments`	$85.00M	USD	Point-in-time
Other invested assets	`OtherInvestments`	$72.50M	USD	Point-in-time
Total investments	`Investments`	$4.41B	USD	Point-in-time
Total investments	`Investments`	$3.82B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$97.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$325.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$379.20M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$337.80M	USD	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$1.00B	USD	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$953.70M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$2.70M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$2.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$405.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$376.30M	USD	Point-in-time
Goodwill	`Goodwill`	$171.70M	USD	Point-in-time
Goodwill	`Goodwill`	$126.80M	USD	Point-in-time
Goodwill	`Goodwill`	$131.70M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$219.20M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$227.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$208.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$256.50M	USD	Point-in-time
Total assets	`Assets`	$6.96B	USD	Point-in-time
Total assets	`Assets`	$6.50B	USD	Point-in-time
Life, accident and health reserves	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$4.56B	USD	Point-in-time
Life, accident and health reserves	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$4.57B	USD	Point-in-time
Annuity reserves	`LiabilityForFuturePolicyBenefits`	$245.20M	USD	Point-in-time
Annuity reserves	`LiabilityForFuturePolicyBenefits`	$236.40M	USD	Point-in-time
Value of business acquired	`ValueOfBusinessAcquired`	$221.10M	USD	Point-in-time
Value of business acquired	`ValueOfBusinessAcquired`	$244.60M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$339.60M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$344.90M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$83.70M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$30.30M	USD	Point-in-time
Debt obligations	`DebtAndCapitalLeaseObligations`	$743.90M	USD	Point-in-time
Debt obligations	`DebtAndCapitalLeaseObligations`	$839.30M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$110.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$205.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.28B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$20.30M	USD	Point-in-time
Preferred stock	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$10.30M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCommonCarryingAmount`	$8.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCommonCarryingAmount`	$11.30M	USD	Point-in-time
Total temporary equity	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$21.60M	USD	Point-in-time
Total temporary equity	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$28.30M	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$260.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$281.10M	USD	Point-in-time
Treasury stock, at cost: 742,824 and 483,579 shares at December 31, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$3.30M	USD	Point-in-time
Treasury stock, at cost: 742,824 and 483,579 shares at December 31, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$2.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-96.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-57.20M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$168.70M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-112.60M	USD	Point-in-time
Total HC2 Holdings, Inc. stockholders equity	`StockholdersEquity`	$349.80M	USD	Point-in-time
Total HC2 Holdings, Inc. stockholders equity	`StockholdersEquity`	$88.10M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$93.80M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$105.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$188.10M	USD	Point-in-time
Total liabilities, temporary equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.96B	USD	Point-in-time
Total liabilities, temporary equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.50B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.77B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.66B	USD	Annual
Life, accident and health earned premiums, net	`PremiumsEarnedNet`	$94.40M	USD	Annual
Life, accident and health earned premiums, net	`PremiumsEarnedNet`	$116.90M	USD	Annual
Net investment income	`NetInvestmentIncome`	$116.60M	USD	Annual
Net investment income	`NetInvestmentIncome`	$203.80M	USD	Annual
Net realized and unrealized gains (losses) on investments	`RealizedInvestmentGainsLosses`	$-8.40M	USD	Annual
Net realized and unrealized gains (losses) on investments	`RealizedInvestmentGainsLosses`	$700.00K	USD	Annual
Net revenue	`Revenues`	$1.98B	USD	Annual
Net revenue	`Revenues`	$1.98B	USD	Annual
Cost of revenue	`CostOfRevenue`	$1.42B	USD	Annual
Cost of revenue	`CostOfRevenue`	$1.59B	USD	Annual
Policy benefits, changes in reserves, and commissions	`BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits`	$234.40M	USD	Annual
Policy benefits, changes in reserves, and commissions	`BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits`	$197.30M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$218.40M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$214.30M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$32.00M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$31.70M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$55.00M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$1.00M	USD	Annual
Other operating income	`OtherOperatingIncomeExpenseNet`	$5.60M	USD	Annual
Other operating income	`OtherOperatingIncomeExpenseNet`	$1.10M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$2.03B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$1.96B	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$-55.80M	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$29.10M	USD	Annual
Interest expense	`InterestExpense`	$95.10M	USD	Annual
Interest expense	`InterestExpense`	$75.70M	USD	Annual
Gain on sale and deconsolidation of subsidiary	`GainOrLossOnSaleOfStockInSubsidiary`	$105.10M	USD	Annual
Gain on sale and deconsolidation of subsidiary	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	Annual
Income from equity investees	`IncomeLossFromEquityMethodInvestments`	$15.40M	USD	Annual
Income from equity investees	`IncomeLossFromEquityMethodInvestments`	$2.20M	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$1.10M	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$115.40M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$77.90M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$6.00M	USD	Annual
(Loss) income from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$182.30M	USD	Annual
(Loss) income from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-56.70M	USD	Annual
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-20.60M	USD	Annual
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$2.40M	USD	Annual
Net (loss) income	`ProfitLoss`	$-36.10M	USD	Annual
Net (loss) income	`ProfitLoss`	$179.90M	USD	Annual
Net loss (income) attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.60M	USD	Annual
Net loss (income) attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.90M	USD	Annual
Net (loss) income attributable to HC2 Holdings, Inc.	`NetIncomeLoss`	$-31.50M	USD	Annual
Net (loss) income attributable to HC2 Holdings, Inc.	`NetIncomeLoss`	$162.00M	USD	Annual
Less: Preferred dividends, deemed dividends, and repurchase gains	`PreferredStockDividendsAndOtherAdjustments`	$6.40M	USD	Annual
Less: Preferred dividends, deemed dividends, and repurchase gains	`PreferredStockDividendsAndOtherAdjustments`	-	USD	Annual
Net (loss) income attributable to common stock and participating preferred stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$155.60M	USD	Annual
Net (loss) income attributable to common stock and participating preferred stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-31.50M	USD	Annual
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.14	USD	Annual
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.66	USD	Annual
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.90	USD	Annual
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.66	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.80M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.30M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.80M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.80M	shares	Annual

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-36.10M	USD	Annual
Net (loss) income	`ProfitLoss`	$179.90M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$7.80M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$9.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.10M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.70M	USD	Annual
Amortization of deferred financing costs and debt discount	`AmortizationOfDeferredFinancingCosts`	$13.90M	USD	Annual
Amortization of deferred financing costs and debt discount	`AmortizationOfDeferredFinancingCosts`	$7.40M	USD	Annual
Amortization of (discount) premium on investments	`AmortizationOfDebtDiscountPremium`	$6.20M	USD	Annual
Amortization of (discount) premium on investments	`AmortizationOfDebtDiscountPremium`	$8.50M	USD	Annual
Gain on sale and deconsolidation of subsidiary	`GainOrLossOnSaleOfStockInSubsidiary`	$105.10M	USD	Annual
Gain on sale and deconsolidation of subsidiary	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$1.10M	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$115.40M	USD	Annual
Income from equity investees	`IncomeLossFromEquityMethodInvestments`	$15.40M	USD	Annual
Income from equity investees	`IncomeLossFromEquityMethodInvestments`	$2.20M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$55.00M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$1.00M	USD	Annual
Net realized and unrealized gains on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$28.80M	USD	Annual
Net realized and unrealized gains on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$9.00M	USD	Annual
Receipt of dividends from equity investees	`EquityMethodInvestmentDividendsOrDistributions`	$9.80M	USD	Annual
Receipt of dividends from equity investees	`EquityMethodInvestmentDividendsOrDistributions`	$19.80M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-28.10M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.60M	USD	Annual
Annuity benefits	`AnnuityBenefits`	$6.60M	USD	Annual
Annuity benefits	`AnnuityBenefits`	$9.80M	USD	Annual
Other operating activities	`OtherNoncashIncomeExpense`	$-300.00K	USD	Annual
Other operating activities	`OtherNoncashIncomeExpense`	$-10.10M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$30.20M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-52.40M	USD	Annual
Recoverable from reinsurers	`IncreaseDecreaseinRecoverableFromReinsurers`	$-4.40M	USD	Annual
Recoverable from reinsurers	`IncreaseDecreaseinRecoverableFromReinsurers`	$-238.80M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.20M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$26.10M	USD	Annual
Life, accident and health reserves	`IncreaseDecreaseInInsuranceLiabilities`	$45.10M	USD	Annual
Life, accident and health reserves	`IncreaseDecreaseInInsuranceLiabilities`	$126.70M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayable`	$-29.60M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayable`	$6.60M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-36.70M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$14.20M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$110.50M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$341.40M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$41.40M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.70M	USD	Annual
Disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.90M	USD	Annual
Disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.60M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$1.18B	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$1.06B	USD	Annual
Sale of investments	`ProceedsFromSaleOfInvestments`	$748.70M	USD	Annual
Sale of investments	`ProceedsFromSaleOfInvestments`	$248.80M	USD	Annual
Maturities and redemptions of investments	`ProceedsFromMaturityAndCollectionOfInvestments`	$123.50M	USD	Annual
Maturities and redemptions of investments	`ProceedsFromMaturityAndCollectionOfInvestments`	$82.30M	USD	Annual
Cash received from dispositions, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$92.00M	USD	Annual
Cash received from dispositions, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$13.50M	USD	Annual
Cash received from (paid for) acquisitions, net	`ProceedsFromPaymentstoAcquireBusinessesNetofCashAcquired`	$-572.10M	USD	Annual
Cash received from (paid for) acquisitions, net	`ProceedsFromPaymentstoAcquireBusinessesNetofCashAcquired`	$60.70M	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$1.40M	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-8.20M	USD	Annual
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-224.60M	USD	Annual
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-263.70M	USD	Annual
Proceeds from debt obligations	`ProceedsFromIssuanceOfLongTermDebt`	$850.60M	USD	Annual
Proceeds from debt obligations	`ProceedsFromIssuanceOfLongTermDebt`	$123.90M	USD	Annual
Principal payments on debt obligations	`RepaymentsOfLongTermDebt`	$44.50M	USD	Annual
Principal payments on debt obligations	`RepaymentsOfLongTermDebt`	$697.00M	USD	Annual
Cash received by subsidiary to issue preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Cash received by subsidiary to issue preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$8.90M	USD	Annual
Cash paid by subsidiary to purchase HC2 preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$5.80M	USD	Annual
Cash paid by subsidiary to purchase HC2 preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$8.30M	USD	Annual
Annuity receipts	`ProceedsFromAnnuitiesAndInvestmentCertificates`	$2.20M	USD	Annual
Annuity receipts	`ProceedsFromAnnuitiesAndInvestmentCertificates`	$2.40M	USD	Annual
Annuity surrenders	`RepaymentsOfAnnuitiesAndInvestmentCertificates`	$19.20M	USD	Annual
Annuity surrenders	`RepaymentsOfAnnuitiesAndInvestmentCertificates`	$18.10M	USD	Annual
Transactions with noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$-12.30M	USD	Annual
Transactions with noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$2.40M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.10M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.50M	USD	Annual
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$115.20M	USD	Annual
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$62.40M	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-500.00K	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-89.80M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$231.50M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$330.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$330.40M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$69.90M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$75.90M	USD	Annual
Cash paid for taxes, net of refunds	`IncomeTaxesPaidNet`	$7.90M	USD	Annual
Cash paid for taxes, net of refunds	`IncomeTaxesPaidNet`	$13.10M	USD	Annual
Property, plant and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$2.90M	USD	Annual
Property, plant and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$7.30M	USD	Annual
Investments included in accounts payable	`IncreaseDecreaseinAccountsPayableInvestments`	$300.00K	USD	Annual
Investments included in accounts payable	`IncreaseDecreaseinAccountsPayableInvestments`	$30.10M	USD	Annual

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.70M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$188.10M	USD	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.70M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.70M	USD	Annual
Fair value adjustment of redeemable noncontrolling interest	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$2.00M	USD	Annual
Fair value adjustment of redeemable noncontrolling interest	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$2.50M	USD	Annual
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	274,037.00	shares	Annual
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	0.00	shares	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$200.00K	USD	Annual
Taxes paid in lieu of shares issued for share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$500.00K	USD	Annual
Taxes paid in lieu of shares issued for share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$700.00K	USD	Annual
Preferred stock dividend	`DividendsPreferredStockStock`	$900.00K	USD	Annual
Preferred stock dividend	`DividendsPreferredStockStock`	$5.70M	USD	Annual
Amortization of issuance cost	`AdjustmentstoAdditionalPaidinCapitalIncreaseDecreaseAmortizationOfIssuanceCostsAndBeneficialConversionFeature`	$-100.00K	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	Annual
Purchase of preferred stock by subsidiary	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$-1.70M	USD	Annual
Purchase of preferred stock by subsidiary	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$-200.00K	USD	Annual
Transactions with noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	$1.30M	USD	Annual
Transactions with noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	$-22.00M	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-500.00K	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-300.00K	USD	Annual
Net income (loss)	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity`	$-34.80M	USD	Annual
Net income (loss)	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity`	$181.10M	USD	Annual
Net (loss) income	`ProfitLoss`	$-36.10M	USD	Annual
Net (loss) income	`ProfitLoss`	$179.90M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest`	$-159.70M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest`	$279.00M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.70M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$188.10M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-36.10M	USD	Annual
Net (loss) income	`ProfitLoss`	$179.90M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.10M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.90M	USD	Annual
Unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-158.20M	USD	Annual
Unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$288.40M	USD	Annual
Actuarial loss on pension plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$6.70M	USD	Annual
Actuarial loss on pension plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$7.80M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$278.70M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-160.80M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$19.10M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$242.60M	USD	Annual
Comprehensive income attributable to noncontrolling interests and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.50M	USD	Annual
Comprehensive income attributable to noncontrolling interests and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$15.10M	USD	Annual
Comprehensive income attributable to HC2 Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$235.10M	USD	Annual
Comprehensive income attributable to HC2 Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$4.00M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.