Segment Information

9 Months Ended

Sep. 30, 2015

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 insurance segment includes the former Titan retail locations since their July 1, 2015 acquisition. See Note 9 for additional information on this business combination.

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

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2015			2014			2015			2014
Revenues:
Insurance	$	87,604		$	65,588		$	243,307		$	195,221
Real estate and corporate		16			16			50			45
Consolidated total	$	87,620		$	65,604		$	243,357		$	195,266
Income (loss) before income taxes:
Insurance	$	(3,156	)	$	3,071		$	(166	)	$	8,750
Real estate and corporate		(1,368	)		(694	)		(2,864	)		(2,103	)
Consolidated total	$	(4,524	)	$	2,377		$	(3,030	)	$	6,647

	September 30,		December 31,
	2015		2014
Total assets:
Insurance	$	376,117	$	302,529
Real estate and corporate		27,399		25,916
Consolidated total	$	403,516	$	328,445