Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands |
12 Months Ended |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Revenues [Abstract] |
|
|
| Net premiums earned |
$ 117,433
|
$ 117,593
|
| Service fee and commission income |
22,966
|
24,659
|
| Net investment income |
2,918
|
1,616
|
| Available-for-sale Securities, Gross Realized Gain (Loss) |
1,197
|
5,041
|
| Other-than-temporary impairment loss |
10
|
0
|
| Other income |
15,462
|
9,315
|
| Total revenues |
159,966
|
158,224
|
| Operating Expenses [Abstract] |
|
|
| Loss and loss adjustment expenses |
92,812
|
86,227
|
| Commissions and premium taxes |
22,773
|
23,238
|
| Cost of services sold |
4,044
|
3,880
|
| General and administrative expenses |
41,760
|
41,613
|
| Amortization of intangible assets |
1,244
|
1,620
|
| Contingent consideration benefit |
(1,139)
|
(2,223)
|
| Impairment of asset held for sale |
0
|
1,180
|
| Total operating expenses |
161,494
|
155,535
|
| Operating (loss) income |
(1,528)
|
2,689
|
| Other (revenues) expenses, net: |
|
|
| Interest expense |
5,278
|
5,645
|
| Foreign exchange losses, net |
(1,215)
|
(419)
|
| (Gain) loss on change in fair value of debt |
1,458
|
(10,953)
|
| Loss on disposal of subsidiary |
0
|
(1,244)
|
| Loss on disposal of asset held for sale |
0
|
4,300
|
| Gain (Loss) on Disposition of Property Plant Equipment |
|
125
|
| Loss on deconsolidation of subsidiary |
4,420
|
0
|
| Equity in net loss of investee |
339
|
190
|
| Total other expenses, net |
9,794
|
18,576
|
| Loss from continuing operations before income tax expense (benefit) |
(11,322)
|
(15,887)
|
| Income tax expense (benefit) |
93
|
(1,221)
|
| Loss from continuing operations |
(11,415)
|
(14,666)
|
| Income from discontinued operations, net of taxes |
1,417
|
3,442
|
| Gain on disposal of discontinued operations, net of taxes |
11,267
|
0
|
| Net income (loss) |
1,269
|
(11,224)
|
| Less: net income attributable to noncontrolling interests in consolidated subsidiaries |
162
|
1,596
|
| Less: dividends on preferred stock |
329
|
300
|
| Net income (loss) attributable to common shareholders |
$ 778
|
$ (13,120)
|
| Loss per share - continuing operations: |
|
|
| Basic: |
$ (0.60)
|
$ (0.95)
|
| Diluted: |
(0.60)
|
(0.95)
|
| Earnings per share - discontinued operations [Abstract] |
|
|
| Basic: |
0.64
|
0.20
|
| Diluted: |
0.64
|
0.20
|
| Earnings (loss) per share – net income (loss) attributable to common shareholders: |
|
|
| Basic: |
0.04
|
(0.75)
|
| Diluted: |
$ 0.04
|
$ (0.75)
|
| Weighted average shares outstanding (in ‘000s): |
|
|
| Basic: |
19,710
|
17,398
|
| Diluted: |
19,710
|
17,398
|