XML 14 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Insurance premiums, net $ 44,782 $ 42,202
Net investment income 2,334 2,359
Realized investment gains, net 1,385 370
Unrealized gains (losses) on equity securities, net 6,489 (4,419)
Other income 28 28
Total revenue 55,018 40,540
Benefits and expenses:    
Insurance benefits and losses incurred 35,307 33,172
Commissions and underwriting expenses 11,015 10,019
Interest expense 546 462
Other expense 2,865 3,238
Total benefits and expenses 49,733 46,891
Income (loss) before income taxes 5,285 (6,351)
Income tax expense (benefit) 1,123 (1,327)
Net income (loss) 4,162 (5,024)
Preferred stock dividends (99) (99)
Net income (loss) applicable to common shareholders $ 4,063 $ (5,123)
Earnings (loss) per common share (basic) (in dollars per share) $ 0.20 $ (0.25)
Earnings (loss) per common share (diluted) (in dollars per share) $ 0.19 $ (0.25)