Finance of America Companies Inc. Annual report pursuant to Section 13 and 15(d)

Liquidity and Capital Requirements (Details)

v3.22.4

Liquidity and Capital Requirements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Liquidity And Capital Requirements [Line Items]
Cash and cash equivalents	$ 97,361	$ 141,238
Minimum net capital requirement	300
Policyholders' surplus	8,000
Total requirement	3,700
MISSOURI
Liquidity And Capital Requirements [Line Items]
Minimum capital and surplus	1,600
ALABAMA
Liquidity And Capital Requirements [Line Items]
Minimum capital and surplus	200
FAM
Liquidity And Capital Requirements [Line Items]
Minimum adjusted net worth balance of capital requirements	139,800
Adjusted balance of capital requirements	100,907	$ 180,032
Net worth	$ 5,000
FAR commitment with addition to net worth (in percent)	1.00%
Liquidity (in percent)	20.00%
Net worth to total assets (in percent)	6.00%
Minimum tangible net worth required	$ 112,400
Tangible capital, actual	254,700
Cash	22,500
Cash and cash equivalents	28,700
FAM \| MISSOURI
Liquidity And Capital Requirements [Line Items]
Adjusted balance of capital requirements	$ 102,900

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Net worth.

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Percentage of liquidity.

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Percentage of net worth to total assets.

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Minimum amount of net capital required to be maintained by broker-dealer and its subsidiary, calculated under Aggregate Indebtedness Standard.

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Carrying amount of cash and investment securities on deposit with state regulatory authorities in connection with capital requirements.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Amount of minimum net worth required for mortgage banking as defined by regulatory framework.

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Amount of policyholders' surplus excluded from calculating deferred taxes.

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Amount of statutory capital required to be maintained as of the balance sheet date under prescribed or permitted statutory accounting practices.

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Amount of tangible capital as defined by regulatory framework.

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