Equity Method Investments (Tables)

9 Months Ended

Sep. 30, 2018

Equity Method Investments and Joint Ventures [Abstract]

Summary of Equity Method Investments

The following summarizes our equity method investments (dollars in thousands):

	September 30, 2018					December 31, 2017
Entity	Carrying Amount		Economic Interest			Carrying Amount		Economic Interest
BK Technologies, Inc.	$	-		0.0	%	$	4,473		8.3	%
Itasca Capital, Ltd.		3,890		32.3	%		5,870		32.3	%
1347 Property Insurance Holdings, Inc.		8,127		17.4	%		7,710		17.4	%
Total	$	12,017				$	18,053

Summary of Income (Loss) of Equity Method Investees

The following summarizes the income (loss) of equity method investees reflected in the condensed consolidated statements of operations (in thousands):

	Three months ended September 30,						Nine months ended September 30,
Entity	2018			2017			2018			2017
BK Technologies, Inc.	$	512		$	109		$	120		$	12
Itasca Capital, Ltd.		(28	)		(1,023	)		(967	)		1,289
1347 Property Insurance Holdings, Inc.		23			161			603			215
Total	$	507		$	(753	)	$	(244	)	$	1,516

Summarized Financial Information

For the nine months ended June 30,	2018		2017
	(in thousands)
Revenue	$	38,977	$	25,227
Operating income from continuing operations	$	5,489	$	4,074
Net income	$	2,500	$	7,012