XML 46 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information
9 Months Ended
Sep. 30, 2013
Segment Reporting [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,
 
     2013     2012     2013     2012  

Revenues:

        

Insurance

   $ 59,564      $ 59,550      $ 181,323      $ 172,900   

Real estate and corporate

     14        18        37        80   
  

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated total

   $ 59,578      $ 59,568      $ 181,360      $ 172,980   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) before income taxes:

        

Insurance

   $ 2,802      $ 4,266      $ 8,613      $ (5,537

Real estate and corporate

     (706     (888     (2,146     (3,683
  

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated total

   $ 2,096      $ 3,378      $ 6,467      $ (9,220
  

 

 

   

 

 

   

 

 

   

 

 

 

 

     September 30,
2013
     December 31,
2012
 

Total assets:

     

Insurance

   $ 266,129       $ 256,670   

Real estate and corporate

     9,365         5,633   
  

 

 

    

 

 

 

Consolidated total

   $ 275,494       $ 262,303