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Segment Information
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Information

7. 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

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

$

101,501

 

 

$

80,614

 

 

$

198,434

 

 

$

155,703

 

Real estate and corporate

 

 

1,253

 

 

 

17

 

 

 

1,268

 

 

 

34

 

Consolidated total

 

$

102,754

 

 

$

80,631

 

 

$

199,702

 

 

$

155,737

 

(Loss) income before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

$

(30,434

)

 

$

1,438

 

 

$

(37,455

)

 

$

2,990

 

Real estate and corporate

 

 

(173

)

 

 

(748

)

 

 

(1,526

)

 

 

(1,496

)

Consolidated total

 

$

(30,607

)

 

$

690

 

 

$

(38,981

)

 

$

1,494

 

 

 

 

June 30,

 

 

December 31,

 

 

 

2016

 

 

2015

 

Total assets:

 

 

 

 

 

 

 

 

Insurance

 

$

395,336

 

 

$

373,475

 

Real estate and corporate

 

 

42,197

 

 

 

28,652

 

Consolidated total

 

$

437,533

 

 

$

402,127