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Note 3 - Segment Reporting Schedule of Segment Reporting Information by Segment (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
segment
Jun. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Segment Reporting Information [Line Items]          
Goodwill, Impairment Loss $ (184,374) $ 0 $ (184,374) $ 0  
Number of Operating Segments | segment     2    
Net premiums earned-insurance 229,096 229,085 $ 450,896 450,035  
Services revenue 37,802 40,263 75,829 73,112  
Net investment income 30,071 28,839 61,103 56,040  
Other income 612 1,454 1,358 2,120  
Policy acquisition costs 6,123 5,393 12,852 11,782  
Cost of services 25,635 27,365 54,010 50,915  
Other operating expenses before corporate allocations 68,750 63,173 137,127 120,361  
Net gains (losses) on investments and other financial instruments 5,331 30,527 2,480 61,813  
Total assets 5,817,106   5,817,106   $ 5,863,174
Mortgage Insurance Segment          
Segment Reporting Information [Line Items]          
Net premiums written—insurance [1] 241,307 232,353 [2] 465,972 258,663 [2]  
(Increase) decrease in unearned premiums (12,211) (3,268) [2] (15,076) 191,372 [2]  
Net premiums earned-insurance 229,096 229,085 [2] 450,896 450,035 [2]  
Net investment income 30,071 28,839 [2] 61,103 56,040 [2]  
Other income 612 1,454 [2] 1,358 2,120 [2]  
Total [3] 259,779 259,378 [2] 513,357 508,195 [2]  
Provision for losses 17,714 50,074 [2] 64,946 93,349 [2]  
Policy acquisition costs 6,123 5,393 [2] 12,852 11,782 [2]  
Other operating expenses before corporate allocations 37,939 34,365 [2] 77,228 66,911 [2]  
Total [4] 61,776 89,832 [2] 155,026 172,042 [2]  
Adjusted pretax operating income (loss) before corporate allocations 198,003 169,546 [2] 358,331 336,153 [2]  
Allocation of corporate operating expenses 15,894 14,286 [2] 30,080 23,615 [2]  
Allocation of interest expense 11,748 18,124 [2] 23,257 35,236 [2]  
Adjusted pretax operating income (loss) [5] 170,361 137,136 [2] 304,994 277,302 [2]  
Inter-segment expenses 2,173 1,947 4,235 3,546  
Total assets 5,605,607   5,605,607   5,506,338
Mortgage and Real Estate Services Segment [Member]          
Segment Reporting Information [Line Items]          
Goodwill, Impairment Loss (184,374)   (184,374)   0
Services revenue [6] 39,975 42,210 [7] 80,064 76,658 [7]  
Cost of services 25,962 27,730 [7] 54,652 51,584 [7]  
Other operating expenses before corporate allocations 12,803 13,030 [7] 25,407 27,398 [7]  
Total 38,765 40,760 [7] 80,059 78,982 [7]  
Adjusted pretax operating income (loss) before corporate allocations 1,210 1,450 [7] 5 (2,324) [7]  
Allocation of corporate operating expenses 3,404 2,779 [7] 7,122 4,530 [7]  
Allocation of interest expense 4,431 4,422 [7] 8,860 8,844 [7]  
Adjusted pretax operating income (loss) [5] (6,625) (5,751) [7] (15,977) (15,698) [7]  
Inter-segment revenues 2,173 $ 1,947 4,235 $ 3,546  
Total assets $ 211,499 [8]   $ 211,499 [8]   $ 356,836
[1] Net of ceded premiums written under the QSR Transactions and the Single Premium QSR Transaction. See Note 7 for additional information.
[2] Reflects changes made during the fourth quarter of 2016 to align our segment reporting structure concurrent with changes in personnel reporting lines and management oversight related to contract underwriting performed on behalf of third parties. Revenue and expenses for this business are now reflected in the Services segment. As a result, Services revenue, cost of services and other operating expenses have increased, with offsetting reductions in Mortgage Insurance other income and other operating expenses.
[3] Excludes net gains on investments and other financial instruments of $5.3 million and $2.5 million, respectively, for the three and six months ended June 30, 2017, and net gains on investments and other financial instruments of $30.5 million and $61.8 million, respectively, for the three and six months ended June 30, 2016, not included in adjusted pretax operating income.
[4] Includes inter-segment expenses as follows: Three Months EndedJune 30, Six Months EndedJune 30,(In thousands)2017 2016 2017 2016Inter-segment expenses$2,173 $1,947 $4,235 $3,546
[5] Includes inter-segment expenses and revenues as listed in the notes to the preceding tables.
[6] Includes inter-segment revenues as follows: Three Months EndedJune 30, Six Months EndedJune 30,(In thousands)2017 2016 2017 2016Inter-segment revenues$2,173 $1,947 $4,235 $3,546
[7] Reflects changes made during the fourth quarter of 2016 to align our segment reporting structure concurrent with changes in personnel reporting lines and management oversight related to contract underwriting performed on behalf of third parties. Revenue and expenses for this business are now reflected in the Services segment. As a result, Services revenue, cost of services and other operating expenses have increased, with offsetting reductions in Mortgage Insurance other income and other operating expenses.
[8] The decrease in total assets for the Services segment at June 30, 2017, as compared to December 31, 2016, is primarily due to the impairment of goodwill and other intangible assets. See Note 6 for further details.