Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2016

Notes to Financial Statements

Revenues and income before income taxes by segment

Revenues and income (loss) before income taxes by segment are as follows:

	Three Months Ended						Nine Months Ended
	September 30						September 30
	2016			2015			2016			2015
Revenues
Insurance company operation	$	8,281,572		$	7,761,310		$	24,130,282		$	22,480,580
Other insurance operations		3,367,469			3,191,814			10,108,721			9,715,760
Intersegment eliminations (1)		(2,650,699	)		(2,501,621	)		(7,988,351	)		(7,598,947	)
Total other insurance operations		716,770			690,193			2,120,370			2,116,813
Total revenues	$	8,998,342		$	8,451,503		$	26,250,652		$	24,597,393
Income (Loss) Before Income Taxes
Insurance company operation	$	(2,414,571	)	$	863,488		$	(1,856,083	)	$	861,422
Other insurance operations		(552,151	)		(1,831,128	)		(1,172,071	)		(2,237,426	)
Total loss before income taxes	$	(2,966,722	)	$	(967,640	)	$	(3,028,154	)	$	(1,376,004	)

(1) Intersegment revenue eliminations reflect rents paid by Unico to Crusader for space leased in the Calabasas building and commissions paid by Crusader to Unifax Insurance Systems, Inc. (“Unifax”), a wholly owned subsidiary of Unico.

Assets by segemnt

Assets by segment are as follows:

	September 30			December 31
	2016			2015
Assets
Insurance company operation	$	126,009,223		$	126,406,439
Intersegment eliminations (2)		(1,907,685	)		(1,409,797	)
Total insurance company operation		124,101,538			124,996,642
Other insurance operations		16,708,428			15,173,793
Total assets	$	140,809,966		$	140,170,435

(2) Intersegment asset eliminations reflect the elimination of Crusader receivables from Unifax and Unifax payables to Crusader.