Note 16 - Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

NOTE 16 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 months ended March 31, 2022 and March 31, 2021 as relates to shareholders' equity attributable to common shareholders on the consolidated balance sheets.

(in thousands)	Three months ended March 31, 2022
	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 December 31, 2021	$	(220	)	$	(3,286	)	$	34,285	$	30,779
Other comprehensive (loss) income arising during the period		(1,125	)		—			959		(166	)
Amounts reclassified from accumulated other comprehensive income		1			—			—		1
Net current-period other comprehensive (loss) income		(1,124	)		—			959		(165	)
Balance at March 31, 2022	$	(1,344	)	$	(3,286	)	$	35,244	$	30,614

(in thousands)	Three months ended March 31, 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 December 31, 2020	$	216		$	(3,286	)	$	41,129		$	38,059
Other comprehensive loss arising during the period		(71	)		—			(1,721	)		(1,792	)
Amounts reclassified from accumulated other comprehensive income		12			—			—			12
Net current-period other comprehensive loss		(59	)		—			(1,721	)		(1,780	)
Balance at March 31, 2021	$	157		$	(3,286	)	$	39,408		$	36,279

It should be noted that the unaudited consolidated statements of comprehensive loss present the components of other comprehensive loss, net of tax, only for the three months ended March 31, 2022 and March 31, 2021 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 months ended March 31, 2022 and March 31, 2021:

(in thousands)	Three months ended March 31,
	2022			2021
Reclassification of accumulated other comprehensive income from unrealized gains (losses) on available-for-sale investments to:
Net realized gains	$	(1	)	$	(12	)
Other-than-temporary impairment loss		—			—
(Loss) income before income tax benefit		(1	)		(12	)
Income tax benefit		—			—
Net (loss) income	$	(1	)	$	(12	)