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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 12,145 $ 10,247
Restricted cash 8,264 7,505
Investments    
Fixed income securities, held-to-maturity 1,000 3,122
Investments in related parties 10,073 10,834
Accounts receivable 263 136
Interest and dividend receivables 19 293
Prepaid expenses 288 223
Property, plant and equipment, net 62 120
Lease assets 611 582
Goodwill 6,492 6,492
Intangible assets, net 193 267
Other assets 575 803
Total assets 42,168 41,904
LIABILITIES    
Accounts payable 106 400
Accrued salaries, wages and benefits 496 350
Escrow liabilities 8,110 7,454
Other accrued expenses 360 344
Reserve for title claims 637 313
Lease liabilities 616 590
Other liabilities 35 32
Total liabilities 10,360 9,483
STOCKHOLDERS’ EQUITY    
Common stock, $0.02 par value, 35,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 2,813,214 and 2,861,547 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 52 53
Additional paid-in capital 30,491 30,491
Retained earnings 1,413 1,894
Total stockholders’ equity 31,956 32,438
Noncontrolling interests (148) (17)
Total equity 31,808 32,421
Total liabilities and stockholders’ equity 42,168 41,904
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]    
Investments    
Investments in limited partnerships [1] $ 2,183 $ 1,280
[1] As of December 31, 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 for each tranche. Changes in net asset value of the investment in limited partnership are included in "Net investment income" on the Company’s Consolidated Statements of Operations.