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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 10,368 $ 10,247
Restricted cash 12,587 7,505
Investments    
Fixed income securities, held-to-maturity 2,075 3,122
Investments in related parties 10,584 10,834
Accounts receivable 368 136
Interest and dividend receivables 18 293
Prepaid expenses 298 223
Property, plant and equipment, net 69 120
Lease assets 483 582
Goodwill 6,492 6,492
Intangible assets, net 211 267
Other assets 812 803
Total assets 46,400 41,904
LIABILITIES    
Accounts payable 123 400
Accrued salaries, wages and benefits 500 350
Escrow liabilities 12,432 7,454
Other accrued expenses 367 344
Reserve for title claims 415 313
Lease liabilities 493 590
Other liabilities 82 32
Total liabilities 14,412 9,483
STOCKHOLDERS’ EQUITY    
Common stock, $0.02 par value, 35,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 2,813,214 and 2,861,547 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 52 53
Additional paid-in capital 30,491 30,491
Retained earnings 1,584 1,894
Total stockholders’ equity 32,127 32,438
Noncontrolling interests (139) (17)
Total equity 31,988 32,421
Total liabilities and stockholders’ equity 46,400 41,904
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]    
Investments    
Investments in limited partnerships [1] $ 2,035 $ 1,280
[1] As of June 30, 2024, there are no unfunded commitments related to the investment in limited partnership. This limited partnership invests in property catastrophe risk through customized reinsurance solutions. The underlying assets of the limited partnership are one year or less in duration and the Company’s proceeds may be redeemed or reinvested annually. Changes in net asset value of the investment in limited partnership are included in Net investment income on the Company’s Unaudited Consolidated Statements of Operations.