Note 17 - Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

NOTE 17 ACCUMULATED OTHER COMPREHENSIVE INCOME

The tables below detail the change in the balance of each component of accumulated other comprehensive income, net of tax, for the three and nine months ended September 30, 2021 and September 30, 2020 as relates to shareholders' equity attributable to common shareholders on the consolidated balance sheets.

(in thousands)	Three months ended September 30, 2021
	Unrealized Gains			Foreign			Change in Fair Value			Total
	(Losses) on			Currency			of Debt Attributable			Accumulated Other
	Available-for-Sale			Translation			to Instrument-Specific			Comprehensive
	Investments			Adjustments			Credit Risk			Income
Balance at June 30, 2021	$	125		$	(3,286	)	$	35,595		$	32,434
Other comprehensive loss arising during the period		(105	)		—			(971	)		(1,076	)
Amounts reclassified from accumulated other comprehensive income		11			—			—			11
Net current-period other comprehensive loss		(94	)		—			(971	)		(1,065	)
Balance at September 30, 2021	$	31		$	(3,286	)	$	34,624		$	31,369

(in thousands)	Three months ended September 30, 2020
	Unrealized Gains			Foreign			Change in Fair Value			Total
	(Losses) on			Currency			of Debt Attributable			Accumulated Other
	Available-for-Sale			Translation			to Instrument-Specific			Comprehensive
	Investments			Adjustments			Credit Risk			Income
Balance at June 30, 2020	$	290		$	(3,286	)	$	49,198		$	46,202
Other comprehensive loss arising during the period		(47	)		—			(2,843	)		(2,890	)
Amounts reclassified from accumulated other comprehensive income		(2	)		—			—			(2	)
Net current-period other comprehensive loss		(49	)		—			(2,843	)		(2,892	)
Balance at September 30, 2020	$	241		$	(3,286	)	$	46,355		$	43,310

(in thousands)	Nine months ended September 30, 2021
	Unrealized Gains			Foreign			Change in Fair Value			Total
	(Losses) on			Currency			of Debt Attributable			Accumulated Other
	Available-for-Sale			Translation			to Instrument-Specific			Comprehensive
	Investments			Adjustments			Credit Risk			Income
Balance at January 1, 2021	$	216		$	(3,286	)	$	41,129		$	38,059
Other comprehensive loss arising during the period		(210	)		—			(6,505	)		(6,715	)
Amounts reclassified from accumulated other comprehensive income		25			—			—			25
Net current-period other comprehensive loss		(185	)		—			(6,505	)		(6,690	)
Balance at September 30, 2021	$	31		$	(3,286	)	$	34,624		$	31,369

(in thousands)	Nine months ended September 30, 2020
	Unrealized Gains		Foreign			Change in Fair Value		Total
	(Losses) on		Currency			of Debt Attributable		Accumulated Other
	Available-for-Sale		Translation			to Instrument-Specific		Comprehensive
	Investments		Adjustments			Credit Risk		Income
Balance at January 1, 2020	$	59	$	(3,286	)	$	38,574	$	35,347
Other comprehensive income arising during the period		118		—			7,781		7,899
Amounts reclassified from accumulated other comprehensive income		64		—			—		64
Net current-period other comprehensive income		182		—			7,781		7,963
Balance at September 30, 2020	$	241	$	(3,286	)	$	46,355	$	43,310

It should be noted that the unaudited consolidated statements of comprehensive (loss) income present the components of other comprehensive (loss) income, net of tax, only for the three and nine months ended September 30, 2021 and September 30, 2020 and inclusive of the components attributable to noncontrolling interests in consolidated subsidiaries.

Components of accumulated other comprehensive income were reclassified to the following lines of the unaudited consolidated statements of operations for the three and nine months ended September 30, 2021 and September 30, 2020:

(in thousands)	Three months ended September 30,					Nine months ended September 30,
	2021			2020		2021			2020
Reclassification of accumulated other comprehensive income from unrealized gains (losses) on available-for-sale investments to:
Net realized gains (losses)	$	(11	)	$	2	$	(25	)	$	(64	)
Other-than-temporary impairment loss		—			—		—			—
Loss from continuing operations before income tax benefit		(11	)		2		(25	)		(64	)
Income tax benefit		—			—		—			—
(Loss) income from continuing operations		(11	)		2		(25	)		(64	)
Gain on disposal of discontinued operations, net of taxes		—			—		—			—
Net (loss) income	$	(11	)	$	2	$	(25	)	$	(64	)