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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Gross premiums written $ 354,881 $ 320,973 $ 287,558
Ceded premiums written (51,005) (39,332) (25,818)
Net premiums written 303,876 281,641 261,740
Change in unearned premiums (10,835) (3,370) (10,668)
Net premiums earned 293,041 278,271 251,072
Investment income, net of expenses 15,880 14,849 14,947
Net realized gains 3,633 8,402 3,032
Finance charges 6,826 7,054 5,874
Commission and fees 3,175 (1,575) 12,011
Other income 216 59 103
Total revenues 322,771 307,060 287,039
Losses and loss adjustment expenses 239,235 202,544 153,619
Operating expenses 94,998 87,989 92,233
Interest expense 4,631 4,598 4,602
Amortization of intangible assets 3,586 3,665 3,328
Total expenses 342,450 298,796 253,782
(Loss) income before tax (19,679) 8,264 33,257
Income tax (benefit) expense (8,916) 825 8,630
Net (loss) income (10,763) 7,439 24,627
Less: Net income attributable to non-controlling interest 58 105 52
Net (loss) income attributable to Hallmark Financial Services, Inc. $ (10,821) $ 7,334 $ 24,575
Net (loss) income per share attributable to Hallmark Financial Services, Inc common stockholders:      
Basic $ (0.55) $ 0.36 $ 1.19
Diluted $ (0.55) $ 0.36 $ 1.19