Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Revenues and loss before income taxes by segment

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

	Three Months Ended March 31
	2018			2017
Revenues
Insurance company operation	$	8,182,019		$	8,201,097
Other insurance operations		3,042,771			3,389,455
Intersegment eliminations (1)		(2,417,899	)		(2,630,055	)
Total other insurance operations		624,872			759,400
Total revenues	$	8,806,891		$	8,960,497
Loss Before Income Taxes
Insurance company operation	$	(1,952,614	)	$	(3,063,919	)
Other insurance operations		(859,317	)		(203,430	)
Total loss before income taxes	$	(2,811,931	)	$	(3,267,349	)

(1) Intersegment revenue eliminations reflect rents paid by Unico to Crusader for spaced 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:  

	As of
	March 31			December 31
	2018			2017
Assets
Insurance company operation	$	118,235,474		$	117,274,626
Intersegment eliminations (2)		(3,223,421	)		(2,486,500	)
Total insurance company operation		115,012,053			114,788,126
Other insurance operations		15,978,259			15,510,632
Total assets	$	130,990,312		$	130,298,758

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