Deconsolidations, Discontinued Operations and Liquidation Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2018

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]

Summary financial information for Mendota and ARS included in (loss) income from discontinued operations, net of taxes in the statements of operations for the years ended December 31, 2018 and December 31, 2017 is presented below:

(in thousands)	Years ended December 31,
	2018			2017
Income (loss) from discontinued operations, net of taxes:
Revenues:
Net premiums earned	$	71,182		$	130,443
Net investment income (loss)	733			(353		)
Net realized (losses) gains	(5		)	3,465
Other-than temporary impairment loss	—			(316		)
Gain on change in fair value of equity investments	28			—
Other income	7,486			9,938
Total revenues	79,424			143,177
Expenses:
Loss and loss adjustment expenses	58,706			120,387
Commissions and premium taxes	7,172			20,682
General and administrative expenses	12,482			19,231
Impairment of intangible assets	—			250
Total expenses	78,360			160,550
Income (loss) from discontinued operations before income tax benefit	1,064			(17,373		)
Income tax benefit	—			(1,067		)
Income (loss) from discontinued operations, net of taxes	1,064			(16,306		)
(Loss) gain on disposal of discontinued operations before income tax expense	(7,136		)	1,017
Income tax expense	—			—
(Loss) gain on disposal of discontinued operations, net of taxes	(7,136		)	1,017
Total loss from discontinued operations, net of taxes	$	(6,072	)	$	(15,289	)

The assets and liabilities of Mendota are presented as held for sale in the consolidated balance sheets at December 31, 2017. The carrying amounts of the major classes of assets and liabilities of Mendota at December 31, 2017 are as follows:

(in thousands)	December 31, 2017
Assets
Investments:
Fixed maturities, at fair value	$	38,673
Equity investments, at fair value	4,405
Total investments	43,078
Cash and cash equivalents	23,512
Accrued investment income	195
Premiums receivable, net	27,855
Other receivables	603
Deferred acquisition costs, net	6,720
Property and equipment, net	222
Intangible assets, net	7,553
Other assets	407
Assets held for sale	$	110,145
Liabilities
Unpaid loss and loss adjustment expenses	$	62,323
Unearned premiums	36,686
Net deferred income tax liabilities	1,586
Accrued expenses and other liabilities	5,305
Liabilities held for sale	$	105,900