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Note 12 - Debt (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

(in thousands)

 

December 31, 2022

  

December 31, 2021

 
  

Principal

  

Carrying Value

  

Fair Value

  

Principal

  

Carrying Value

  

Fair Value

 

Bank loans:

                        

2021 Ravix Loan

 $5,300  $5,300  $5,460  $6,000  $5,847  $5,936 

2022 Ravix Loan

  5,950   5,754   6,245          

SNS Loan

  6,850   6,755   6,921          

2020 KWH Loan

  16,708   16,472   16,819   21,186   20,870   20,815 

Total bank loans

  34,808   34,281   35,445   27,186   26,717   26,751 

Notes payable:

                        

Flower Note

           6,411   6,411   7,101 

Total notes payable

           6,411   6,411   7,101 

Subordinated debt

  90,500   67,811   67,811   90,500   60,973   60,973 

Total

 $125,308  $102,092  $103,256  $124,097  $94,101  $94,825 
Schedule of Subordinated Borrowing [Table Text Block]
  

Principal

    

Issuer

 

(in thousands)

 

Issue date

Interest

Redemption date

Kingsway CT Statutory Trust I

 $15,000 

12/4/2002

annual interest rate equal to LIBOR, plus 4.00% payable quarterly

12/4/2032

Kingsway CT Statutory Trust II

 $17,500 

5/15/2003

annual interest rate equal to LIBOR, plus 4.10% payable quarterly

5/15/2033

Kingsway CT Statutory Trust III

 $20,000 

10/29/2003

annual interest rate equal to LIBOR, plus 3.95% payable quarterly

10/29/2033

Kingsway DE Statutory Trust III

 $15,000 

5/22/2003

annual interest rate equal to LIBOR, plus 4.20% payable quarterly

5/22/2033

Kingsway DE Statutory Trust IV

 $10,000 

9/30/2003

annual interest rate equal to LIBOR, plus 3.85% payable quarterly

9/30/2033

Kingsway DE Statutory Trust VI

 $13,000 

12/16/2003

annual interest rate equal to LIBOR, plus 4.00% payable quarterly

1/8/2034