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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Premiums earned $ 1,247 $ 1,635 $ 3,938 $ 5,514
Net investment income 241 86 770 1,191
Total revenues 1,488 1,721 4,708 6,705
Operating expenses:        
Losses and loss adjustment (benefit) expense (40) 542 (358) 4,531
Ceding commission expense 110 144 353 507
General and administrative expense 13,204 1,287 18,483 4,750
Loss contract reserve fair market value change     (2,783) (30,287)
Loss from contract termination       6,563
Interest expense 937 1,047 2,842 7,998
Total operating expense (benefit) 14,211 3,020 18,537 (5,938)
Net operating (loss) income (12,723) (1,299) (13,829) 12,643
Other (income) and expense:        
Other expense (income) 477   (7,845)  
Unrealized (gain) loss on change in fair value of derivative liability - embedded conversion feature (9,281)   65,917  
Total other (income) and expense: (8,804)   58,072  
(Loss) income before income taxes (3,919) (1,299) (71,901) 12,643
Net (loss) income (3,919) (1,299) (71,901) 12,643
Redeemable convertible series B preferred stock dividends (4,500)   (13,248)  
Preferred deemed dividend       (9,455)
Net (loss) income attributable to common shareholders $ (8,419) $ (1,299) $ (85,149) $ 3,188
Basic net (loss) income per share attributable to common shareholders $ (0.04) $ (0.01) $ (0.42) $ 0.02
Shares used in computing basic net (loss) income per share 201,970,639 200,999,481 201,671,117 200,826,268
Diluted net (loss) income per share attributable to common shareholders $ (0.04) $ (0.01) $ (0.42) $ 0.01
Shares used in computing diluted net (loss) income per share 201,970,639 200,999,481 201,671,117 237,872,256