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Segment Information
9 Months Ended
Sep. 30, 2012
Segment Information [Abstract]  
Segment Information
6. Segment Information

The Company operates in two business segments with its primary focus being the selling, servicing and underwriting of non-standard personal automobile insurance. The real estate and corporate segment consists of the activities related to the disposition of foreclosed real estate held for sale, interest expense associated with all debt and other general corporate overhead expenses.

 

The following table presents selected financial data by business segment (in thousands).

 

                                 
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2012     2011     2012     2011  

Revenues:

                               

Insurance

  $ 59,550     $ 49,939     $ 172,900     $ 155,817  

Real estate and corporate

    18       30       80       86  
   

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated total

  $ 59,568     $ 49,969     $ 172,980     $ 155,903  
   

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) before income taxes:

                               

Insurance

  $ 4,266     $ (2,278   $ (5,537   $ (54,190

Real estate and corporate

    (888     (1,295     (3,683     (4,508
   

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated total

  $ 3,378     $ (3,573   $ (9,220   $ (58,698
   

 

 

   

 

 

   

 

 

   

 

 

 

 

                 
    September 30,
2012
    December 31,
2011
 

Total assets:

               

Insurance

  $ 256,843     $ 241,815  

Real estate and corporate

    4,943       15,437  
   

 

 

   

 

 

 

Consolidated total

  $ 261,786     $ 257,252