Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares [Table Text Block]

A reconciliation of the numerators and denominators of the basic and diluted per share calculations is presented below (in thousands, except per share amounts):

	2012		2011			2010
Numerator for both basic and diluted earnings per share:
Net income (loss) attributable to Hallmark Financial Services,  Inc.	$	3,524	$	(10,891	)	$	7,403
Denominator, basic shares		19,263		19,673			20,123
Effect of dilutive securities:
Stock options		6		-			52
Denominator, diluted shares		19,269		19,673			20,175
Basic earnings per share:	$	0.18	$	(0.55	)	$	0.37
Diluted earnings per share:	$	0.18	$	(0.55	)	$	0.37