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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Premiums        
Gross earned premiums $ 25,258 $ 22,187 $ 48,804 $ 43,161
Ceded earned premiums (3,583) (7,072) (7,020) (13,553)
Net earned premiums 21,675 15,115 41,784 29,608
Net investment income 528 469 1,065 955
Net realized investment gains 541 87 533 232
Other income 283 480 528 969
Total revenue 23,027 16,151 43,910 31,764
Expenses        
Losses and loss adjustment expenses, net 13,541 8,976 26,240 17,546
Policy acquisition costs 6,014 2,639 12,017 5,234
Operating expenses 4,536 3,619 8,675 7,311
Interest expense 143 239 300 483
Total expenses 24,234 15,473 47,232 30,574
Income (loss) before equity earnings of affiliates and income taxes (1,207) 678 (3,322) 1,190
Equity earnings of affiliates, net of tax 71 0 158 0
Income tax (benefit) expense (623) 48 (623) 48
Net income (loss) (513) 630 (2,541) 1,142
Less net income attributable to noncontrolling interest 0 51 0 100
Net income (loss) attributable to Conifer (513) 579 (2,541) 1,042
Net income (loss) allocable to common shareholders $ (513) $ 366 $ (2,541) $ 616
Earnings (loss) per per common share, basic and diluted (in dollars per share) $ (0.07) $ 0.09 $ (0.33) $ 0.15
Weighted average common shares outstanding, basic and diluted 7,594,862 4,050,042 7,616,821 4,045,482