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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Investments:    
Fixed maturities, at fair value (amortized cost of $38,931 and $35,889, respectively) $ 37,013 $ 35,666
Equity investments, at fair value (cost of $187 and $1,147, respectively) 131 179
Limited liability investments, at fair value 15,573 14,804
Investments in private companies, at adjusted cost 790 790
Real estate investments, at fair value (cost of $10,225 and $10,225, respectively) 10,662 10,662
Other investments, at cost which approximates fair value 222 256
Short-term investments, at cost which approximates fair value 157 157
Total investments 69,176 68,437
Cash and cash equivalents 11,704 12,642
Restricted cash 14,492 17,257
Accrued investment income 1,031 1,013
Other receivables, net of allowance for doubtful accounts of $5 and $5, respectively 12,520 13,898
Deferred contract costs 12,617 10,930
Income taxes recoverable 35 0
Property and equipment, net of accumulated depreciation of $25,211 and $24,224, respectively 107,079 108,587
Right-of-use asset 1,801 2,248
Goodwill 110,247 110,247
Intangible assets, net of accumulated amortization of $23,349 and $20,333, respectively 105,214 108,230
Other assets 15,228 15,489
Total Assets 469,628 475,634
Liabilities:    
Accrued expenses and other liabilities 51,977 47,622
Income taxes payable 0 294
Deferred service fees 91,321 89,217
Bank loans 22,818 26,717
Notes payable 201,413 205,025
Subordinated debt, at fair value 57,282 60,973
Lease liability 2,019 2,479
Net deferred income tax liabilities 27,860 28,553
Total Liabilities 454,690 460,880
Shareholders' Equity:    
Common stock, no par value; 50,000,000 authorized; 23,130,064 issued and 22,882,614 outstanding at June 30, 2022 and December 31, 2021 0 0
Additional paid-in capital 359,536 359,138
Treasury stock, at cost; 247,450 and 247,450 outstanding at June 30, 2022 and December 31, 2021, respectively (492) (492)
Accumulated deficit (400,470) (395,149)
Accumulated other comprehensive income 36,017 30,779
Shareholders' equity attributable to common shareholders (5,409) (5,724)
Noncontrolling interests in consolidated subsidiaries 13,692 13,981
Total Shareholders' Equity 8,283 8,257
Total Liabilities, Class A preferred stock and Shareholders' Equity 469,628 475,634
Redeemable Class A Preferred Stock [Member]    
Liabilities:    
Redeemable Class A preferred stock, no par value; 1,000,000 authorized; 169,733 issued and outstanding at June 30, 2022 and December 31, 2021; redemption amount of $6,655 and $6,497 at June 30, 2022 and December 31, 2021, respectively 6,655 6,497
Service Fees [Member]    
Investments:    
Service fee receivable, net of allowance for doubtful accounts of $239 and $241, respectively 8,484 6,656
Liabilities:    
Deferred service fees 91,321 89,217
Limited Liability Investments [Member]    
Investments:    
Limited liability investments 1,215 1,901
Limited liability investments, at fair value $ 18,986 $ 18,826