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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Service fee and commission revenue $ 18,574 $ 11,186
Rental revenue 3,341 3,341
Other revenue 105 142
Total revenues 22,020 14,669
Operating expenses:    
Claims authorized on vehicle service agreements 4,667 2,380
Loss and loss adjustment expenses 8 13
Commissions 1,504 1,303
Cost of services sold 980 403
General and administrative expenses 12,466 10,693
Leased real estate segment interest expense 1,468 1,499
Total operating expenses 21,093 16,291
Operating income (loss) 927 (1,622)
Other revenues (expenses), net:    
Net investment income 421 719
Net realized gains (51) (208)
Loss on change in fair value of equity investments (151) (597)
(Loss) gain on change in fair value of limited liability investments, at fair value (202) 1,899
Net change in unrealized loss on private company investments 0 (670)
Other-than-temporary impairment loss 0 (117)
Non-operating other revenue (2) (39)
Interest expense not allocated to segments (1,552) (2,153)
Amortization of intangible assets (497) (574)
(Loss) gain on change in fair value of debt (1,019) 2,645
Gain on extinguishment of debt 2,494 0
Total other (expenses) revenues, net (453) 1,399
Income (loss) before income tax (benefit) expense 474 (223)
Income tax (benefit) expense (425) 170
Net income 899 (393)
Less: net income attributable to noncontrolling interests in consolidated subsidiaries 259 721
Less: dividends on preferred stock 238 377
Net income (loss) attributable to common shareholders $ 402 $ (1,491)
Earnings (loss) per share – net income (loss) attributable to common shareholders:    
Basic: $ 0.02 $ (0.07)
Diluted: $ 0.02 $ (0.07)
Weighted-average shares outstanding (in ‘000s):    
Basic: 22,218 22,069
Diluted: 22,219 22,069