Third-party Administration	6 Months Ended
Jun. 30, 2022
Related Party
Third Party Administration	Note 15. Third-Party Administration The Company commenced its third-party administrative (“TPA”) services in 2012 as an additional revenue source. These services are offered to non-affiliated entities. These agreements, for various levels of administrative services on behalf of each customer, generate fee income for the Company. Services provided vary based on each customer’s needs and can include some or all aspects of back-office accounting and policy administration. TPA fee income earned for TPA administration during the three months ended June 30, 2022 and 2021 were approximately $0.0 million, for both periods, respectively. TPA fee income earned for TPA administration during the six months ended June 30, 2022 and 2021 were $0.1 and $0.3 million, respectively. As of June 30, 2022, 1505 Capital had $471.1 million of third-party assets under management.

Third-party Administration

6 Months Ended

Jun. 30, 2022

Note 15. Third-Party Administration

The Company commenced its third-party administrative (“TPA”) services in 2012 as an additional revenue source. These services are offered to non-affiliated entities. These agreements, for various levels of administrative services on behalf of each customer, generate fee income for the Company. Services provided vary based on each customer’s needs and can include some or all aspects of back-office accounting and policy administration. TPA fee income earned for TPA administration during the three months ended June 30, 2022 and 2021 were approximately $0.0 million, for both periods, respectively. TPA fee income earned for TPA administration during the six months ended June 30, 2022 and 2021 were $0.1 and $0.3 million, respectively. As of June 30, 2022, 1505 Capital had $471.1 million of third-party assets under management.