XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Net premiums written $ 1,649 $ 1,508 $ 4,723 $ 5,014
Total revenues 3,068 2,949 8,891 8,594
Cost of revenues:        
Underwriting expenses 41 40 164 222
Provision for title claim losses 48 37 102 171
Search and other fees 10 34 45 98
Total cost of revenues 99 111 311 491
Gross underwriting profit 2,969 2,838 8,580 8,103
Operating expenses:        
General and administrative expenses (3,252) (3,086) (9,482) (9,799)
Other income/expenses:        
Net investment income 325 588 886 1,318
Other (expense) income, net (7) (3) 9 15
Income (loss) from investments in related parties, net 73 (99) 8 (143)
Income (loss) from operations before income taxes 108 238 1 (506)
Income tax (benefit) expense (49) 16 68 38
Net loss 157 222 (67) (544)
Net loss attributable to noncontrolling interests (13) (29) 0 (76)
Net loss attributable to the Company's shareholders $ 170 $ 251 $ (67) $ (468)
Basic and diluted net income (loss) attributable to the Company's shareholders per share:        
Basic (in dollars per share) $ 0.06 $ 0.09 $ (0.02) $ (0.16)
Diluted (in dollars per share) $ 0.06 $ 0.09 $ (0.02) $ (0.16)
Weighted average shares outstanding:        
Basic (in shares) 2,813 2,865 2,840 2,868
Diluted (in shares) 2,813 2,865 2,840 2,868
Escrow and Other Title Fees [Member]        
Revenues:        
Revenue from contract with customer $ 669 $ 694 $ 1,915 $ 2,077
Management Service [Member]        
Revenues:        
Revenue from contract with customer $ 750 $ 747 $ 2,253 $ 1,503