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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue:    
Net premiums earned $ 8,172 $ 8,221
Net investment income 168 115
Other income 377 263
Total revenue 8,717 8,599
Expenses:    
Net losses and loss adjustment expenses 3,631 6,636
Amortization of deferred policy acquisition costs 2,522 1,990
General and administrative expenses 2,091 1,578
Accretion of discount on Series B Preferred Shares 92 88
Total expenses 8,336 10,292
Income (Loss) before income tax expense (benefit) 381 (1,693)
Income tax expense (benefit) 135 (578)
Net income (loss) $ 246 $ (1,115)
Net earnings (loss) per common share:    
Basic $ 0.04 $ (0.18)
Diluted $ 0.04 $ (0.18)
Weighted average common shares outstanding:    
Basic 5,956,766 6,111,079
Diluted 5,956,766 6,111,079
Consolidated Statements of Comprehensive Income (Loss)    
Net income (loss) $ 246 $ (1,115)
Unrealized gains on investments available for sale, net of income taxes 55 228
Comprehensive income (loss) $ 301 $ (887)