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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue      
Gross earned premiums $ 109,188 $ 114,737 $ 104,713
Ceded earned premiums (15,377) (23,008) (15,086)
Net earned premiums 93,811 91,729 89,627
Net investment income 3,336 2,728 2,173
Net realized investment gains 61 70 1,365
Change in fair value of equity securities 121 0 0
Other gains (losses) 0 750 (400)
Other income 1,582 1,560 1,118
Total revenue 98,911 96,837 93,883
Expenses      
Losses and loss adjustment expenses, net 62,515 73,917 59,003
Policy acquisition costs 25,534 26,245 25,280
Operating expenses 17,683 17,367 17,596
Interest expense 2,644 1,362 647
Total expenses 108,376 118,891 102,526
Income (loss) before income taxes (9,465) (22,054) (8,643)
Income tax expense (benefit) 52 (447) (77)
Equity earnings (losses) in affiliates, net of tax 290 65 129
Net income (loss) $ (9,227) $ (21,542) $ (8,437)
Net income (loss) per share, basic and diluted (in dollars per share) $ (1.08) $ (2.74) $ (1.11)
Weighted average common shares outstanding, basic and diluted (in shares) 8,543,876 7,867,344 7,618,588