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Note 7 - Deferred Acquisition Costs
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Deferred Policy Acquisition Costs [Text Block]

NOTE 7 DEFERRED ACQUISITION COSTS

 

The components of deferred acquisition costs and the related amortization expense for the years ended December 31, 2021 and December 31, 2020 are comprised as follows:

 

(in thousands)

 

Years ended December 31,

 
  

2021

  

2020

 

Balance at January 1, net

 $8,835  $8,604 

Additions

  8,702   4,896 

Amortization

  (6,607)  (4,665)

Balance at December 31, net

 $10,930  $8,835 

 

There were no impairment losses recorded in 2021 or 2020 related to deferred acquisition costs.