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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Gross premiums written $ 100,815 $ 91,371 $ 198,210 $ 181,083
Ceded premiums written (15,678) (12,415) (28,111) (25,893)
Net premiums written 85,137 78,956 170,099 155,190
Change in unearned premiums (6,888) (7,378) (14,642) (13,499)
Net premiums earned 78,249 71,578 155,457 141,691
Investment income, net of expenses 3,932 3,778 7,778 7,785
Net realized gains 991 1,664 872 2,783
Finance charges 1,524 1,725 3,164 3,465
Commission and fees (184) (243) (4) 172
Other income 59 11 290 25
Total revenues 84,571 78,513 167,557 155,921
Losses and loss adjustment expenses 61,229 61,920 116,020 125,705
Other operating expenses 25,419 23,887 51,351 47,040
Interest expense 1,178 1,153 2,327 2,311
Amortization of intangible assets 896 896 1,793 1,793
Total expenses 88,722 87,856 171,491 176,849
Loss before tax (4,151) (9,343) (3,934) (20,928)
Income tax benefit (2,351) (9,264) (2,328) (9,650)
Net loss (1,800) (79) (1,606) (11,278)
Less: Net income attributable to non-controlling interest 43 8 66 22
Net loss attributable to Hallmark Financial Services, Inc. $ (1,843) $ (87) $ (1,672) $ (11,300)
Net loss per share attributable to Hallmark Financial Services, Inc. common stockholders:        
Basic (in dollars per share) $ (0.10) $ 0 $ (0.09) $ (0.56)
Diluted (in dollars per share) $ (0.10) $ 0 $ (0.09) $ (0.56)