XML 72 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue:    
Insurance premiums, net $ 181,925 $ 172,931
Net investment income 8,979 9,549
Realized investment gains, net 1,574 5,154
Unrealized gains (losses) on equity securities, net 5,511 (2,194)
Other income 190 113
Total revenue 198,179 185,553
Benefits and expenses:    
Insurance benefits and losses incurred 139,225 132,650
Commissions and underwriting expenses 45,477 39,042
Interest expense 2,130 2,037
Other expense 11,754 12,795
Total benefits and expenses 198,586 186,524
Loss before income taxes (407) (971)
Income tax benefit (21) (267)
Net loss (386) (704)
Preferred stock dividends (399) (399)
Net loss applicable to common shareholders $ (785) $ (1,103)
Loss per common share (basic and diluted) (in dollars per share) $ (0.04) $ (0.05)