10-K Filing

INNOVATE Corp. CIK: 1006837 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001006837-21-000027`
Period End Date	20201231
Filing Date	20210310
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	hchc-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 72 Cash Flow Statement 113 Stockholders Equity 31 Comprehensive Income 18

Balance Sheet 90 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, authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Fixed maturity securities, available-for-sale at fair value	`AvailableForSaleSecuritiesDebtSecurities`	$4.03B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	77.84M	shares	Point-in-time
Fixed maturity securities, available-for-sale at fair value	`AvailableForSaleSecuritiesDebtSecurities`	$4.46B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.81M	shares	Point-in-time
Equity securities	`EquitySecuritiesFvNi`	$92.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	76.73M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.07M	shares	Point-in-time
Equity securities	`EquitySecuritiesFvNi`	$77.30M	USD	Point-in-time
Mortgage loans	`MortgageLoansOnRealEstate`	$183.50M	USD	Point-in-time
Mortgage loans	`MortgageLoansOnRealEstate`	$57.20M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	742,824.00	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.11M	shares	Point-in-time
Policy loans	`PolicyLoansReceivable`	$17.80M	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$19.10M	USD	Point-in-time
Other invested assets	`OtherInvestments`	$68.10M	USD	Point-in-time
Other invested assets	`OtherInvestments`	$57.20M	USD	Point-in-time
Total investments	`Investments`	$4.67B	USD	Point-in-time
Total investments	`Investments`	$4.39B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$232.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$193.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$300.70M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$228.90M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$184.70M	USD	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$957.50M	USD	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$953.70M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$4.40M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$2.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$113.90M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$129.50M	USD	Point-in-time
Goodwill	`Goodwill`	$111.00M	USD	Point-in-time
Goodwill	`Goodwill`	$150.90M	USD	Point-in-time
Goodwill	`Goodwill`	$110.40M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$210.60M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$174.60M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$126.40M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$555.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$181.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$172.40M	USD	Point-in-time
Total assets	`Assets`	$6.96B	USD	Point-in-time
Total assets	`Assets`	$6.74B	USD	Point-in-time
Life, accident and health reserves	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$4.57B	USD	Point-in-time
Life, accident and health reserves	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$4.63B	USD	Point-in-time
Annuity reserves	`LiabilityForFuturePolicyBenefits`	$236.40M	USD	Point-in-time
Annuity reserves	`LiabilityForFuturePolicyBenefits`	$228.80M	USD	Point-in-time
Value of business acquired	`ValueOfBusinessAcquired`	$199.80M	USD	Point-in-time
Value of business acquired	`ValueOfBusinessAcquired`	$221.10M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$190.60M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$176.30M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$142.30M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$81.60M	USD	Point-in-time
Debt obligations	`DebtAndCapitalLeaseObligations`	$723.90M	USD	Point-in-time
Debt obligations	`DebtAndCapitalLeaseObligations`	$561.50M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$74.70M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$334.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$137.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$116.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.13B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$10.30M	USD	Point-in-time
Preferred stock	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$10.40M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCommonCarryingAmount`	$5.30M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCommonCarryingAmount`	$11.30M	USD	Point-in-time
Total temporary equity	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$15.70M	USD	Point-in-time
Total temporary equity	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$21.60M	USD	Point-in-time
Common stock	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$281.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$355.70M	USD	Point-in-time
Treasury stock, at cost: 1,109,751 and 742,824 shares at December 31, 2020 and 2019, respectively	`TreasuryStockValue`	$3.30M	USD	Point-in-time
Treasury stock, at cost: 1,109,751 and 742,824 shares at December 31, 2020 and 2019, respectively	`TreasuryStockValue`	$4.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-188.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-96.70M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$168.70M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$396.90M	USD	Point-in-time
Total HC2 Holdings, Inc. stockholders equity	`StockholdersEquity`	$559.80M	USD	Point-in-time
Total HC2 Holdings, Inc. stockholders equity	`StockholdersEquity`	$349.80M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$40.40M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$93.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.70M	USD	Point-in-time
Total liabilities, temporary equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.74B	USD	Point-in-time
Total liabilities, temporary equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.96B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$716.90M	USD	Annual
Gain (Loss) on sale of subsidiary	`DisposalGroupIncludingDiscontinuedOperationGainLossOnSaleOfSubsidiary`	$-44.20M	USD	Annual
Gain (Loss) on sale of subsidiary	`DisposalGroupIncludingDiscontinuedOperationGainLossOnSaleOfSubsidiary`	-	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$755.60M	USD	Annual
Life, accident and health earned premiums, net	`PremiumsEarnedNet`	$115.10M	USD	Annual
Life, accident and health earned premiums, net	`PremiumsEarnedNet`	$116.90M	USD	Annual
Net investment income	`NetInvestmentIncome`	$188.90M	USD	Annual
Net investment income	`NetInvestmentIncome`	$203.80M	USD	Annual
Net realized and unrealized gains (losses) on investments	`RealizedInvestmentGainsLosses`	$-15.10M	USD	Annual
Net realized and unrealized gains (losses) on investments	`RealizedInvestmentGainsLosses`	$700.00K	USD	Annual
Net revenue	`Revenues`	$1.08B	USD	Annual
Net revenue	`Revenues`	$1.01B	USD	Annual
Cost of revenue	`CostOfRevenue`	$588.50M	USD	Annual
Cost of revenue	`CostOfRevenue`	$596.00M	USD	Annual
Policy benefits, changes in reserves, and commissions	`BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits`	$250.00M	USD	Annual
Policy benefits, changes in reserves, and commissions	`BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits`	$234.50M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$177.30M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$181.10M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$-3.20M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$-900.00K	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$50.00M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$13.50M	USD	Annual
Other operating income	`OtherOperatingIncomeExpenseNet`	$5.20M	USD	Annual
Other operating income	`OtherOperatingIncomeExpenseNet`	$20.00M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$1.01B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$1.05B	USD	Annual
(Loss) income from operations	`OperatingIncomeLoss`	$25.30M	USD	Annual
(Loss) income from operations	`OperatingIncomeLoss`	$-4.10M	USD	Annual
Interest expense	`InterestExpense`	$79.40M	USD	Annual
Interest expense	`InterestExpense`	$76.10M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.40M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
(Loss) income from equity investees	`IncomeLossFromEquityMethodInvestments`	$1.60M	USD	Annual
(Loss) income from equity investees	`IncomeLossFromEquityMethodInvestments`	$-3.40M	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$1.10M	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	-	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$68.50M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$6.30M	USD	Annual
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-41.80M	USD	Annual
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.80M	USD	Annual
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$10.50M	USD	Annual
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-19.60M	USD	Annual
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-22.20M	USD	Annual
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-38.30M	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-63.80M	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-13.90M	USD	Annual
Net loss	`ProfitLoss`	$-36.10M	USD	Annual
Net loss	`ProfitLoss`	$-102.10M	USD	Annual
Net loss attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-10.10M	USD	Annual
Net loss attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.60M	USD	Annual
Net loss attributable to HC2 Holdings, Inc.	`NetIncomeLoss`	$-31.50M	USD	Annual
Net loss attributable to HC2 Holdings, Inc.	`NetIncomeLoss`	$-92.00M	USD	Annual
Less: Preferred dividends, deemed dividends, and repurchase gains	`PreferredStockDividendsAndOtherAdjustments`	-	USD	Annual
Less: Preferred dividends, deemed dividends, and repurchase gains	`PreferredStockDividendsAndOtherAdjustments`	$3.60M	USD	Annual
Net loss attributable to common stock and participating preferred stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-95.60M	USD	Annual
Net loss attributable to common stock and participating preferred stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-31.50M	USD	Annual
Basic (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.94	USD	Annual
Basic (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.40	USD	Annual
Diluted (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.40	USD	Annual
Diluted (in usd per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.94	USD	Annual
Basic (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.30	USD	Annual
Basic (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.94	USD	Annual
Diluted (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.94	USD	Annual
Diluted (in usd per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.30	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$-0.70	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$-1.88	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.70	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-1.88	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.80M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.30M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.70M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.80M	shares	Annual

Cash Flow Statement 113 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-36.10M	USD	Annual
Net loss	`ProfitLoss`	$-102.10M	USD	Annual
Less: Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-63.80M	USD	Annual
Less: Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-13.90M	USD	Annual
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-22.20M	USD	Annual
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-38.30M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$2.90M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$6.30M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.90M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.20M	USD	Annual
Amortization of deferred financing costs and debt discount	`AmortizationOfDeferredFinancingCosts`	$15.50M	USD	Annual
Amortization of deferred financing costs and debt discount	`AmortizationOfDeferredFinancingCosts`	$12.10M	USD	Annual
Amortization of (discount) premium on investments, net	`AmortizationOfDebtDiscountPremium`	$8.50M	USD	Annual
Amortization of (discount) premium on investments, net	`AmortizationOfDebtDiscountPremium`	$7.80M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.40M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$1.10M	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	-	USD	Annual
(Loss) Income from equity investees	`IncomeLossFromEquityMethodInvestments`	$1.60M	USD	Annual
(Loss) Income from equity investees	`IncomeLossFromEquityMethodInvestments`	$-3.40M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$50.00M	USD	Annual
Asset impairment expense	`AssetImpairmentCharges`	$13.50M	USD	Annual
Net realized and unrealized gains on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$9.00M	USD	Annual
Net realized and unrealized gains on investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$63.40M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-27.20M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.10M	USD	Annual
Annuity benefits	`AnnuityBenefits`	$9.80M	USD	Annual
Annuity benefits	`AnnuityBenefits`	$6.30M	USD	Annual
Other operating activities	`OtherNoncashIncomeExpense`	$4.50M	USD	Annual
Other operating activities	`OtherNoncashIncomeExpense`	$-1.30M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-43.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.00M	USD	Annual
Recoverable from reinsurers	`IncreaseDecreaseinRecoverableFromReinsurers`	$-4.40M	USD	Annual
Recoverable from reinsurers	`IncreaseDecreaseinRecoverableFromReinsurers`	$4.00M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-17.40M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-17.10M	USD	Annual
Life, accident and health reserves	`IncreaseDecreaseInInsuranceLiabilities`	$60.30M	USD	Annual
Life, accident and health reserves	`IncreaseDecreaseInInsuranceLiabilities`	$44.90M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayable`	$-18.00M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayable`	$1.30M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-32.20M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-19.30M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$53.20M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$52.40M	USD	Annual
Cash (used in) provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-10.70M	USD	Annual
Cash (used in) provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$57.50M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$41.70M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$110.70M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.70M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.80M	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.30M	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$41.10M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$1.06B	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$997.10M	USD	Annual
Sale of investments	`ProceedsFromSaleOfInvestments`	$748.70M	USD	Annual
Sale of investments	`ProceedsFromSaleOfInvestments`	$822.10M	USD	Annual
Maturities and redemptions of investments	`ProceedsFromMaturityAndCollectionOfInvestments`	$123.50M	USD	Annual
Maturities and redemptions of investments	`ProceedsFromMaturityAndCollectionOfInvestments`	$98.10M	USD	Annual
Cash received from the sale of equity method investments	`ProceedsFromSaleOfEquityMethodInvestments`	$85.50M	USD	Annual
Cash received from the sale of equity method investments	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Cash received from dispositions, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$13.50M	USD	Annual
Cash received from dispositions, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$147.40M	USD	Annual
Cash received from (paid for) acquisitions, net	`ProceedsFromPaymentstoAcquireBusinessesNetofCashAcquired`	-	USD	Annual
Cash received from (paid for) acquisitions, net	`ProceedsFromPaymentstoAcquireBusinessesNetofCashAcquired`	$19.80M	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.40M	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-8.40M	USD	Annual
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-209.20M	USD	Annual
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$185.70M	USD	Annual
Cash used in discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-23.40M	USD	Annual
Cash used in discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-54.40M	USD	Annual
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$162.30M	USD	Annual
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-263.60M	USD	Annual
Proceeds from debt obligations	`ProceedsFromIssuanceOfLongTermDebt`	$-4.10M	USD	Annual
Proceeds from debt obligations	`ProceedsFromIssuanceOfLongTermDebt`	$88.90M	USD	Annual
Principal payments on debt obligations	`RepaymentsOfLongTermDebt`	$181.80M	USD	Annual
Principal payments on debt obligations	`RepaymentsOfLongTermDebt`	$29.50M	USD	Annual
Proceeds from sale of HC2 preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$27.00M	USD	Annual
Proceeds from sale of HC2 preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Proceeds from rights offering	`ProceedsFromRightsOffering`	$34.50M	USD	Annual
Proceeds from rights offering	`ProceedsFromRightsOffering`	$61.50M	USD	Point-in-time
Proceeds from rights offering	`ProceedsFromRightsOffering`	-	USD	Annual
Cash received by subsidiary to issue preferred stock	`ProceedsFromIssuanceOfPreferredStockSubsidiary`	$8.90M	USD	Annual
Cash received by subsidiary to issue preferred stock	`ProceedsFromIssuanceOfPreferredStockSubsidiary`	$10.00M	USD	Annual
Cash paid by subsidiary to purchase HC2 preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$8.30M	USD	Annual
Cash paid by subsidiary to purchase HC2 preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	Annual
Annuity receipts	`ProceedsFromAnnuitiesAndInvestmentCertificates`	$2.20M	USD	Annual
Annuity receipts	`ProceedsFromAnnuitiesAndInvestmentCertificates`	$1.60M	USD	Annual
Annuity surrenders	`RepaymentsOfAnnuitiesAndInvestmentCertificates`	$15.60M	USD	Annual
Annuity surrenders	`RepaymentsOfAnnuitiesAndInvestmentCertificates`	$18.10M	USD	Annual
Transactions with noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$-5.70M	USD	Annual
Transactions with noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$-63.00M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.70M	USD	Annual
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$33.70M	USD	Annual
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-196.40M	USD	Annual
Cash (used in) provided by discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$28.70M	USD	Annual
Cash (used in) provided by discontinued financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-8.20M	USD	Annual
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$62.40M	USD	Annual
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-204.60M	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$700.00K	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$700.00K	USD	Annual
Net increase in cash and cash equivalents, including cash classified within assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsNetIncreaseInCashAndCashEquivalentsIncludingCashClassifiedWithinAssetsHeldForSale`	$-89.80M	USD	Annual
Net increase in cash and cash equivalents, including cash classified within assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsNetIncreaseInCashAndCashEquivalentsIncludingCashClassifiedWithinAssetsHeldForSale`	$100.00K	USD	Annual
Less: Net (decrease) increase in cash and cash equivalents classified within current assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsLessNetDecreaseInCashClassifiedWithinCurrentAssetsHeldForSale`	$20.90M	USD	Annual
Less: Net (decrease) increase in cash and cash equivalents classified within current assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsLessNetDecreaseInCashClassifiedWithinCurrentAssetsHeldForSale`	$-38.60M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-110.70M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$38.70M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$195.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$305.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$195.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$305.80M	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.70M	USD	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.30M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.70M	USD	Annual
Fair value adjustment of redeemable noncontrolling interest	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$1.30M	USD	Annual
Fair value adjustment of redeemable noncontrolling interest	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$2.00M	USD	Annual
Preferred stock accretion	`PreferredStockAccretionOfRedemptionDiscount`	$2.00M	USD	Annual
Taxes paid in lieu of shares issued for share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$900.00K	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`	$800.00K	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$200.00K	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	Annual
Rights Offering	`RightsOffering`	$34.50M	USD	Annual
Issuance of preferred stock	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$2.00M	USD	Annual
Purchase of preferred stock by subsidiary	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$-1.70M	USD	Annual
Series B Preferred Share Conversion	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$27.00M	USD	Annual
Transactions with noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	$-50.30M	USD	Annual
Transactions with noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	$1.30M	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-300.00K	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$2.10M	USD	Annual
Net loss	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity`	$-97.40M	USD	Annual
Net loss	`NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity`	$-34.80M	USD	Annual
Net loss	`ProfitLoss`	$-36.10M	USD	Annual
Net loss	`ProfitLoss`	$-102.10M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest`	$237.20M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest`	$279.00M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$443.60M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.70M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-36.10M	USD	Annual
Net loss	`ProfitLoss`	$-102.10M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.90M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.90M	USD	Annual
Unrealized gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$191.60M	USD	Annual
Unrealized gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$288.40M	USD	Annual
Actuarial loss on pension plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$7.80M	USD	Annual
Actuarial loss on pension plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	Annual
Dispositions	`OtherComprehensiveIncomeLossDisposalOfSubsidiaryNetOfTax`	$30.30M	USD	Annual
Dispositions	`OtherComprehensiveIncomeLossDisposalOfSubsidiaryNetOfTax`	-	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$229.80M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$278.70M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$127.70M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$242.60M	USD	Annual
Comprehensive income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.20M	USD	Annual
Comprehensive income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.50M	USD	Annual
Comprehensive income attributable to HC2 Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$235.10M	USD	Annual
Comprehensive income attributable to HC2 Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$119.50M	USD	Annual

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