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Segment Information
9 Months Ended
Sep. 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

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

$

102,099

 

 

$

87,604

 

 

$

300,533

 

 

$

243,307

 

Real estate and corporate

 

 

16

 

 

 

16

 

 

 

1,284

 

 

 

50

 

Consolidated total

 

$

102,115

 

 

$

87,620

 

 

$

301,817

 

 

$

243,357

 

Income (loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

$

1,173

 

 

$

(3,156

)

 

$

(36,280

)

 

$

(166

)

Real estate and corporate

 

 

(1,500

)

 

 

(1,368

)

 

 

(3,026

)

 

 

(2,864

)

Consolidated total

 

$

(327

)

 

$

(4,524

)

 

$

(39,306

)

 

$

(3,030

)

 

 

 

September 30,

 

 

December 31,

 

 

 

2016

 

 

2015

 

Total assets:

 

 

 

 

 

 

 

 

Insurance

 

$

416,182

 

 

$

373,475

 

Real estate and corporate

 

 

42,353

 

 

 

28,652

 

Consolidated total

 

$

458,535

 

 

$

402,127