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Consolidated Statements of Total Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Net premiums earned $ 54,000 $ 66,000 $ 111,000
Net investment income:      
Securities available-for-sale and short-term 103,000 196,000 271,000
Net investment income 122,000 227,000 273,000
Realized Investment Gains (Losses) 22,000 81,000 108,000
Derivative, Gain (Loss) on Derivative, Net (50,000) (50,000) 7,000
Net realized gains (losses) on extinguishment of debt 0 0 3,000
Other income 3,000 134,000 5,000
Income (loss) on variable interest entities 5,000 38,000 3,000
Total revenues 156,000 496,000 511,000
Expenses:      
Losses and loss expenses (benefit) 225,000 13,000 (224,000)
Intangible amortization 57,000 295,000 107,000
Operating expenses 92,000 103,000 112,000
Interest expense 222,000 269,000 242,000
Total expenses 596,000 680,000 238,000
Pre-tax income (loss) (440,000) (183,000) 273,000
Provision (benefit) for income taxes (3,000) 32,000 5,000
Net income (loss) (437,000) (216,000) 267,000
Net income (loss) attributable to common stockholders (437,000) (216,000) 186,000
Other comprehensive income (loss), after tax:      
Net income (loss) (437,000) (216,000) 267,000
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, after Tax 1,000 0 1,000
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax (3,000) (1,000) (2,000)
Total other comprehensive income (loss), net of income tax 37,000 91,000 6,000
Total comprehensive income (loss) (400,000) (125,000) 274,000
Less: comprehensive (loss) gain attributable to the noncontrolling interest:      
Total comprehensive income (loss) attributable to common stockholders (400,000) (125,000) 192,000
AMPS Exchange Loss Based on Carry Value $ 0 $ 0 $ 82,000
Basic $ (9.47) $ (4.69) $ 4.07
Diluted $ (9.47) $ (4.69) $ 3.99
Weighted Average Number of Shares Outstanding, Basic 46,147,062 45,954,908 45,665,883
Weighted Average Number of Shares Outstanding, Diluted 46,147,062 45,954,908 46,559,835