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Condensed Consolidated Statements of Stockholders’ (Deficit) Equity - USD ($)
shares in Millions, $ in Millions
Total
Preferred stock
Total INNOVATE Stockholders' Equity (Deficit)
Common Stock
Additional Paid-In Capital
Treasury Stock
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Non- controlling Interest
Beginning balance (in shares) at Dec. 31, 2019       46.1          
Beginning balance at Dec. 31, 2019 $ 443.6   $ 349.8 $ 0.0 $ 281.1 $ (3.3) $ (96.7) $ 168.7 $ 93.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Share-based compensation 5.9   5.9   5.9        
Fair value adjustment of redeemable noncontrolling interest (1.4)   (1.4)   (1.4)        
Taxes paid in lieu of shares issued for share-based compensation (in shares)       (0.4)          
Taxes paid in lieu of shares issued for share-based compensation (0.9)   (0.9)     (0.9)      
Preferred stock dividend (0.6)   (0.6)   (0.6)        
Issuance of common stock (in shares)       1.6          
Transactions with noncontrolling interests (50.4)   6.9   6.9       (57.3)
Other 1.7   1.7   1.7        
Net loss (91.1)   (87.3)       (87.3)   (3.8)
Other comprehensive income (loss) 105.9   97.7         97.7 8.2
Ending balance (in shares) at Sep. 30, 2020       47.3          
Ending balance at Sep. 30, 2020 412.7   371.8 $ 0.0 293.6 (4.2) (184.0) 266.4 40.9
Beginning balance at Dec. 31, 2019 21.6                
Temporary Equity                  
Fair value adjustment of redeemable noncontrolling interest 1.4                
Issuance of redeemable noncontrolling interest 5.6 $ 0.0              
Transactions with noncontrolling interests (4.0)                
Net loss (3.0)                
Other comprehensive income 1.3                
Ending balance at Sep. 30, 2020 22.9                
Beginning balance (in shares) at Dec. 31, 2019       46.1          
Beginning balance at Dec. 31, 2019 443.6   349.8 $ 0.0 281.1 (3.3) (96.7) 168.7 93.8
Ending balance (in shares) at Dec. 31, 2020       76.7          
Ending balance at Dec. 31, 2020 600.2   559.8 $ 0.1 355.7 (4.2) (188.7) 396.9 40.4
Beginning balance at Dec. 31, 2019 21.6                
Ending balance at Dec. 31, 2020 15.7                
Beginning balance (in shares) at Jun. 30, 2020       46.6          
Beginning balance at Jun. 30, 2020 365.2   319.3 $ 0.0 288.5 (4.2) (166.7) 201.7 45.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Share-based compensation 3.0   3.0   3.0        
Fair value adjustment of redeemable noncontrolling interest (0.2)   (0.2)   (0.2)        
Preferred stock dividend (0.2)   (0.2)   (0.2)        
Issuance of common stock (in shares)       0.7          
Transactions with noncontrolling interests (1.2)   0.8   0.8       (2.0)
Other 1.7   1.7   1.7        
Net loss (20.1)   (17.3)       (17.3)   (2.8)
Other comprehensive income (loss) 64.5   64.7         64.7 (0.2)
Ending balance (in shares) at Sep. 30, 2020       47.3          
Ending balance at Sep. 30, 2020 412.7   371.8 $ 0.0 293.6 (4.2) (184.0) 266.4 40.9
Beginning balance at Jun. 30, 2020 18.7                
Temporary Equity                  
Fair value adjustment of redeemable noncontrolling interest 0.2                
Issuance of redeemable noncontrolling interest 5.6                
Transactions with noncontrolling interests 0.0                
Net loss (1.5)                
Other comprehensive income (0.1)                
Ending balance at Sep. 30, 2020 22.9                
Beginning balance (in shares) at Dec. 31, 2020       76.7          
Beginning balance at Dec. 31, 2020 600.2   559.8 $ 0.1 355.7 (4.2) (188.7) 396.9 40.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Share-based compensation 1.7   1.7   1.7        
Fair value adjustment of redeemable noncontrolling interest (0.3)   (0.3)   (0.3)        
Taxes paid in lieu of shares issued for share-based compensation (1.0)   (1.0)     (1.0)      
Preferred stock dividend (1.4)   (1.4)   (1.4)        
Issuance of common stock (in shares)       1.1          
Issuance of common stock 0.7   0.7   0.7        
Purchase of preferred stock by subsidiary (0.3)   (0.3)   (0.3)        
Transactions with noncontrolling interests (31.3)   (21.6)   (21.6)       (9.7)
Other (3.3)   (3.3)   (3.3)        
Net loss (225.9)   (222.8)       (222.8)   (3.1)
Other comprehensive income (loss) (393.8)   (393.7)         (393.7) (0.1)
Ending balance (in shares) at Sep. 30, 2021       77.8          
Ending balance at Sep. 30, 2021 (54.7)   (82.2) $ 0.1 331.2 (5.2) (411.5) 3.2 27.5
Beginning balance at Dec. 31, 2020 15.7                
Temporary Equity                  
Fair value adjustment of redeemable noncontrolling interest 0.4                
Issuance of redeemable noncontrolling interest   19.1              
Redemption of Series A and A-2 Preferred Stock (10.4)                
Transactions with noncontrolling interests 9.4                
Net loss (4.8)                
Ending balance at Sep. 30, 2021 70.3                
Beginning balance (in shares) at Jun. 30, 2021       77.8          
Beginning balance at Jun. 30, 2021 511.5   488.3 $ 0.1 354.8 (5.2) (199.6) 338.2 23.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Share-based compensation 0.4   0.4   0.4        
Preferred stock dividend (1.1)   (1.1)   (1.1)        
Purchase of preferred stock by subsidiary (0.1)   (0.1)   (0.1)        
Transactions with noncontrolling interests (17.1)   (22.4)   (22.4)       5.3
Other (0.4)   (0.4)   (0.4)        
Net loss (212.9)   (211.9)       (211.9)   (1.0)
Other comprehensive income (loss) (335.0)   (335.0)         (335.0)  
Ending balance (in shares) at Sep. 30, 2021       77.8          
Ending balance at Sep. 30, 2021 (54.7)   $ (82.2) $ 0.1 $ 331.2 $ (5.2) $ (411.5) $ 3.2 $ 27.5
Beginning balance at Jun. 30, 2021 6.2                
Temporary Equity                  
Fair value adjustment of redeemable noncontrolling interest 0.1                
Issuance of redeemable noncontrolling interest 40.9 $ 19.1              
Transactions with noncontrolling interests 5.6                
Net loss (1.6)                
Ending balance at Sep. 30, 2021 $ 70.3