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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Premiums earned $ 3,147 $ 5,121 $ 7,169
Net investment income 2,249 879 1,379
Total revenues 5,396 6,000 8,548
Operating expenses:      
Losses and loss adjustment (benefit) expense (669) (1,115) 3,281
Ceding commission expense 306 456 653
General and administrative expense 7,043 20,940 6,526
Loss contract reserve change (3,978) (2,926) (33,770)
Loss from contract termination     6,563
Interest expense 2,616 3,702 22,225
Total operating expense 5,318 21,057 5,478
Net operating income (loss) 78 (15,057) 3,070
Other (income) expense:      
Other (income) (123) (7,845)  
Unrealized (gain) loss on change in fair value of derivative embedded conversion feature (201,499) 54,621  
Total other (income) expense (201,622) 46,776  
Income (loss) before income taxes 201,700 (61,833) 3,070
Net income (loss) 201,700 (61,833) 3,070
Redeemable convertible series B preferred stock dividends (18,000) (17,748)  
Preferred deemed dividend     (9,455)
Net income (loss) attributable to common and participating stockholders $ 183,700 $ (79,581) $ (6,385)
Basic net income (loss) per share attributable to common stockholders (Note 12) $ 0.33 $ (0.39) $ (0.03)
Shares used in computing basic net income (loss) per share 202,270,887 201,746,613 200,869,928
Diluted net income (loss) per share attributable to common stockholders (Note 12) $ 0.30 $ (0.39) $ (0.03)
Shares used in computing diluted net income (loss) per share 235,406,360 201,746,613 200,869,928