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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Insurance premiums, net $ 46,090 $ 45,550
Net investment income 2,113 2,039
Realized investment gains, net 121 249
Unrealized gains (losses) on equity securities, net 744 (8,455)
Other income 7 27
Total revenue 49,075 39,410
Benefits and expenses:    
Insurance benefits and losses incurred 33,272 33,583
Commissions and underwriting expenses 12,564 12,626
Interest expense 346 476
Other expense 3,440 2,952
Total benefits and expenses 49,622 49,637
Loss before income taxes (547) (10,227)
Income tax benefit (116) (2,140)
Net loss (431) (8,087)
Preferred stock dividends (99) (99)
Net loss applicable to common shareholders $ (530) $ (8,186)
Loss per common share (basic and diluted) (in dollars per share) $ (0.03) $ (0.40)