XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Changes in Redeemable Preferred Stock and Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Preferred Stock
No Par, Common Stock
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Total Conifer Holdings Shareholders' Equity
Noncontrolling Interest
Former Preferred Stockholders
Former Preferred Stockholders
No Par, Common Stock
Former Preferred Stockholders
Total Conifer Holdings Shareholders' Equity
IPO
[1]
IPO
No Par, Common Stock
[1]
IPO
Total Conifer Holdings Shareholders' Equity
[1]
Redeemable Preferred Stock
Balance at beginning of period (in shares) at Dec. 31, 2014   0 3,995,013                      
Balance at beginning of period at Dec. 31, 2014 $ 44,159 $ 0 $ 46,119 $ (3,095) $ 1,158 $ 44,182 $ (23)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 1,142     1,042   1,042 100              
Issuance of stock (in shares) [1]     55,029                      
Issuance of stock [1] 750   $ 750     750                
Paid-in-kind dividends (61) $ 62 (123)     (61)                
Cash dividends paid on preferred stock (303)   $ (303)     (303)                
Reclassification of redeemable preferred stock to permanent equity (in shares)   60,600                       (60,600)
Reclassification of redeemable preferred stock to permanent equity 6,180 $ 6,180       6,180               $ (6,180)
Other comprehensive loss (699)       (699) (699)                
Balance at end of period (in shares) at Jun. 30, 2015   60,600 4,050,042                      
Balance at end of period at Jun. 30, 2015 51,168 $ 6,242 $ 46,443 (2,053) 459 51,091 77              
Redeemable Preferred Stock, Beginning Balance (in shares) at Dec. 31, 2014                           60,600
Redeemable Preferred Stock, Beginning Balance at Dec. 31, 2014                           $ 6,119
Increase (Decrease) in Temporary Equity [Roll Forward]                            
Redeemable Preferred Stock, Paid-in-kind dividends                           $ 61
Redeemable Preferred Stock, Ending Balance (in shares) at Jun. 30, 2015                           0
Redeemable Preferred Stock, Ending Balance at Jun. 30, 2015                           $ 0
Balance at beginning of period at Mar. 31, 2015         1,644                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 630                          
Cash dividends paid on preferred stock (151)                          
Other comprehensive loss (1,185)                          
Balance at end of period (in shares) at Jun. 30, 2015   60,600 4,050,042                      
Balance at end of period at Jun. 30, 2015 51,168 $ 6,242 $ 46,443 (2,053) 459 51,091 77              
Redeemable Preferred Stock, Ending Balance (in shares) at Jun. 30, 2015                           0
Redeemable Preferred Stock, Ending Balance at Jun. 30, 2015                           $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) (1,159)     (978)   (978) (181)              
Issuance of stock (in shares)                 294,450     3,300,000    
Issuance of stock               $ 3,092 $ 3,092 $ 3,092 $ 32,224 $ 32,224 $ 32,224  
Paid-in-kind dividends 0 $ 33 (33)                      
Cash dividends paid on preferred stock (81)   (81)     (81)                
IPO expenses [1] (1,837)   (1,837)     (1,837)                
Repurchase of preferred stock (in shares)   (60,600)                        
Repurchase of preferred stock (6,275) $ (6,275)       (6,275)                
Vesting of RSU [2] 303   $ 303     303                
Deconsolidation of affiliate 104           104              
Other comprehensive loss (277)       (277) (277)                
Balance at end of period (in shares) at Dec. 31, 2015   0 7,644,492                      
Balance at end of period at Dec. 31, 2015 77,262 $ 0 $ 80,111 (3,031) 182 77,262 0              
Redeemable Preferred Stock, Ending Balance (in shares) at Dec. 31, 2015                           0
Redeemable Preferred Stock, Ending Balance at Dec. 31, 2015                           $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) (2,541)     (2,541)   (2,541)                
Cash dividends paid on preferred stock 0                          
Repurchase of preferred stock (in shares)     (66,663)                      
Repurchase of preferred stock     $ (451)                      
Repurchase of common stock (in shares)     (66,663)                      
Repurchase of common stock (451)   $ (451)     (451)                
Vesting of RSU [2] 409   $ 409     409                
Other comprehensive loss 1,322       1,322 1,322                
Balance at end of period (in shares) at Jun. 30, 2016   0 7,577,829                      
Balance at end of period at Jun. 30, 2016 76,001 $ 0 $ 80,069 (5,572) 1,504 76,001 0              
Redeemable Preferred Stock, Ending Balance (in shares) at Jun. 30, 2016                           0
Redeemable Preferred Stock, Ending Balance at Jun. 30, 2016                           $ 0
Balance at beginning of period at Mar. 31, 2016         1,724                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) (513)                          
Cash dividends paid on preferred stock 0                          
Other comprehensive loss (220)                          
Balance at end of period (in shares) at Jun. 30, 2016   0 7,577,829                      
Balance at end of period at Jun. 30, 2016 $ 76,001 $ 0 $ 80,069 $ (5,572) $ 1,504 $ 76,001 $ 0              
Redeemable Preferred Stock, Ending Balance (in shares) at Jun. 30, 2016                           0
Redeemable Preferred Stock, Ending Balance at Jun. 30, 2016                           $ 0
[1] "IPO" - initial public offering
[2] "RSU" - restricted stock units