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Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Net premiums earned $ 187,661,705 $ 177,283,816 $ 555,140,395 $ 521,454,835
Investment income, net of investment expenses 6,620,491 5,979,834 19,341,012 17,385,103
Net realized investment gains 3,463,504 561,429 4,062,475 4,207,710
Lease income 119,934 113,409 365,930 383,183
Installment payment fees 1,305,778 1,373,892 3,959,936 3,813,663
Equity in earnings of Donegal Financial Services Corporation 732,768 403,647 2,152,738 1,023,212
Total revenues 199,904,180 185,716,027 585,022,486 548,267,706
Expenses:        
Net losses and loss expenses 140,726,106 114,386,379 433,063,019 356,825,751
Amortization of deferred policy acquisition costs 31,110,000 29,008,000 91,354,000 85,391,000
Other underwriting expenses 24,528,860 31,790,251 82,343,932 88,538,755
Policyholder dividends 1,050,200 1,376,115 3,565,971 3,422,672
Interest 651,768 466,262 1,682,200 1,212,895
Other expenses, net 560,260 176,970 1,604,595 1,036,223
Total expenses 198,627,194 177,203,977 613,613,717 536,427,296
(Loss) income before income tax (benefit) expense 1,276,986 8,512,050 (28,591,231) 11,840,410
Income tax (benefit) expense 70,630 1,403,476 (10,829,654) 1,945,666
Net (loss) income $ 1,206,356 $ 7,108,574 $ (17,761,577) $ 9,894,744
Class A Common Stock [Member]        
(Loss) earnings per common share:        
Common stock - basic $ 0.04 $ 0.27 $ (0.64) $ 0.37
Common stock - diluted 0.04 0.26 (0.64) 0.36
Class B Common Stock [Member]        
(Loss) earnings per common share:        
Common stock - basic 0.04 0.24 (0.59) 0.33
Common stock - diluted 0.04 0.24 (0.59) 0.33
Common stock - basic and diluted $ 0.04 $ 0.24 $ (0.59) $ 0.33