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Segment Information
 6 Months Ended
Jun. 30, 2017
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 and other operating expenses not directly related to the insurance operations, interest expense and stock-based compensation, offset by investment income on corporate invested assets.

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

$

91,394

 

 

$

101,501

 

 

$

179,447

 

 

$

198,434

 

Real estate and corporate

 

 

17

 

 

 

1,253

 

 

 

33

 

 

 

1,268

 

Consolidated total

 

$

91,411

 

 

$

102,754

 

 

$

179,480

 

 

$

199,702

 

(Loss) income before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

$

(26

)

 

$

(30,434

)

 

$

2,942

 

 

$

(37,455

)

Real estate and corporate

 

 

(1,454

)

 

 

(173

)

 

 

(2,846

)

 

 

(1,526

)

Consolidated total

 

$

(1,480

)

 

$

(30,607

)

 

$

96

 

 

$

(38,981

)

 

 

 

June 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Total assets:

 

 

 

 

 

 

 

 

Insurance

 

$

369,700

 

 

$

354,008

 

Real estate and corporate

 

 

45,128

 

 

 

46,066

 

Consolidated total

 

$

414,828

 

 

$

400,074