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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Dividends Declared
The Company declared cash dividends per share for the following periods presented below:
Dividends per share for the
For the Year Ended December 31,
202220212020
First quarter$0.04 $0.04 $0.04 
Second quarter0.04 0.04 0.04 
Third quarter0.04 0.04 0.04 
Fourth quarter0.04 0.04 0.04 
Total cash dividends declared$0.16 $0.16 $0.16 
Schedule of Noncontrolling Interest
The following table presents the components of non-controlling interests as reported in the consolidated balance sheets:
As of December 31,
20222021
Fortegra preferred interests$77,679 $— 
Fortegra common interests55,364 11,066 
Other third-party common interests3,165 6,161 
Total non-controlling interests$136,208 $17,227 
Statutory Accounting Practices Disclosure The Company’s insurance company subsidiaries must maintain minimum amounts of statutory capital and surplus as required by regulatory authorities, including the NAIC; their capital and surplus levels exceeded respective minimum requirements as of December 31, 2022 and 2021.
As of December 31,
20222021
Combined statutory capital and surplus of the Company's insurance company subsidiaries$370,340 $286,015 
Required minimum statutory capital and surplus$75,750 $75,750 
The following table presents the statutory net income of the Company’s U.S. domiciled statutory insurance companies for the following periods:
For the Year Ended December 31,
202220212020
Net income of statutory insurance companies$12,964 $33,999 $19,647 
The following table presents the combined amount available for ordinary dividends of the Company's U.S. domiciled insurance company subsidiaries for the following periods:
As of December 31,
20222021
Amount available for ordinary dividends of the Company's insurance company subsidiaries$35,145 $18,519