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Segment Information
 9 Months Ended
Sep. 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

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

$

85,966

 

 

$

102,099

 

 

$

265,413

 

 

$

300,533

 

Real estate and corporate

 

 

18

 

 

 

16

 

 

 

51

 

 

 

1,284

 

Consolidated total

 

$

85,984

 

 

$

102,115

 

 

$

265,464

 

 

$

301,817

 

Income (loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

$

4,850

 

 

$

1,173

 

 

$

7,792

 

 

$

(36,280

)

Real estate and corporate

 

 

(1,499

)

 

 

(1,500

)

 

 

(4,345

)

 

 

(3,026

)

Consolidated total

 

$

3,351

 

 

$

(327

)

 

$

3,447

 

 

$

(39,306

)

 

 

 

September 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Total assets:

 

 

 

 

 

 

 

 

Insurance

 

$

375,206

 

 

$

354,008

 

Real estate and corporate

 

 

43,841

 

 

 

46,066

 

Consolidated total

 

$

419,047

 

 

$

400,074