2015 Q2 Form 10-Q Financial Statement

#000107262715000067 Filed on August 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2 2014 Q1
Revenue $39.14M $42.50M $40.50M
YoY Change -7.9% 2.23% -4.9%
Cost Of Revenue $1.058M $937.0K $856.0K
YoY Change 12.91% 541.78%
Gross Profit $38.09M $41.56M $39.64M
YoY Change -8.37% 0.33% -6.91%
Gross Profit Margin 97.3% 97.8% 97.89%
Selling, General & Admin $10.20M $11.10M $11.90M
YoY Change -8.11% -44.5% -39.29%
% of Gross Profit 26.78% 26.71% 30.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.750M $6.761M $653.0K
YoY Change -0.16% -9.65% -34.83%
% of Gross Profit 17.72% 16.27% 1.65%
Operating Expenses $41.64M $41.19M $42.51M
YoY Change 1.11% -23.88% -17.42%
Operating Profit -$582.0K $78.00K $119.0K
YoY Change -846.15% -101.95% -110.54%
Interest Expense $1.414M $1.364M $2.797M
YoY Change 3.67% -29.22% 52.59%
% of Operating Profit 1748.72% 2350.42%
Other Income/Expense, Net -$2.075M -$2.340M -$470.0K
YoY Change -11.32% -33.95% -89.29%
Pretax Income -$10.39M -$7.674M -$2.692M
YoY Change 35.42% -24.72% -84.71%
Income Tax $34.00K -$1.059M $60.00K
% Of Pretax Income
Net Earnings $1.815M -$4.998M -$1.712M
YoY Change -136.31% -51.41% -90.18%
Net Earnings / Revenue 4.64% -11.76% -4.23%
Basic Earnings Per Share $0.09 -$0.30 -$0.10
Diluted Earnings Per Share $0.09 -$0.30 -$0.10
COMMON SHARES
Basic Shares Outstanding 19.71M shares 16.43M shares 16.43M shares
Diluted Shares Outstanding 19.71M shares 16.43M shares 16.43M shares

Balance Sheet

Concept 2015 Q2 2014 Q2 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $86.18M $67.00M $72.09M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $32.90M $27.70M
YoY Change -8.61% -12.06%
LONG-TERM ASSETS
Property, Plant & Equipment $5.795M $1.421M $1.671M
YoY Change 307.81% -34.18% -30.38%
Goodwill $10.08M $10.59M $10.59M
YoY Change -4.82% 859.06%
Intangibles $15.35M $48.10M $48.50M
YoY Change -68.08% -4.89% -4.08%
Long-Term Investments $1.904M $78.80M $7.661M
YoY Change -97.58% -92.79%
Other Assets $0.00 $5.200M $6.300M
YoY Change -100.0% -28.77% -27.59%
Total Long-Term Assets $264.2M $272.9M
YoY Change -868.47% -19.42%
TOTAL ASSETS
Total Short-Term Assets $32.90M $27.70M
Total Long-Term Assets $264.2M $272.9M
Total Assets $275.1M $297.1M $300.6M
YoY Change -7.39% 18192.43% -18.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $40.70M $39.10M $37.50M
YoY Change 4.09% 13.33% 10.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.70M $39.30M $38.40M
YoY Change 3.56% 5.36% 4.35%
LONG-TERM LIABILITIES
Long-Term Debt $42.30M $50.60M $42.80M
YoY Change -16.4% -24.7% -38.51%
Other Long-Term Liabilities $34.70M $50.30M $49.30M
YoY Change -31.01% 2.24% 1.02%
Total Long-Term Liabilities $77.00M $100.9M $92.10M
YoY Change -23.69% -13.32% -22.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.70M $39.30M $38.40M
Total Long-Term Liabilities $77.00M $100.9M $92.10M
Total Liabilities $220.2M $258.9M $256.5M
YoY Change -14.95% 45170.28% -20.57%
SHAREHOLDERS EQUITY
Retained Earnings -$305.8M -$305.6M -$300.6M
YoY Change 0.04% 5.47%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $46.76M $36.70M $42.16M
YoY Change
Total Liabilities & Shareholders Equity $275.1M $297.1M $300.6M
YoY Change -7.39% -15.86% -18.79%

Cashflow Statement

Concept 2015 Q2 2014 Q2 2014 Q1
OPERATING ACTIVITIES
Net Income $1.815M -$4.998M -$1.712M
YoY Change -136.31% -51.41% -90.18%
Depreciation, Depletion And Amortization $6.750M $6.761M $653.0K
YoY Change -0.16% -9.65% -34.83%
Cash From Operating Activities -$7.800M -$8.500M -$7.800M
YoY Change -8.24% -40.56% -30.97%
INVESTING ACTIVITIES
Capital Expenditures -$100.0K $0.00 $290.0K
YoY Change -100.0% 58.47%
Acquisitions $7.661M
YoY Change
Other Investing Activities $43.40M $2.800M -$9.300M
YoY Change 1450.0% -156.0% -142.27%
Cash From Investing Activities $43.30M $2.800M -$9.600M
YoY Change 1446.43% -153.85% -143.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.402M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.90M 0.000 -$7.954M
YoY Change 1264.32%
NET CHANGE
Cash From Operating Activities -7.800M -8.500M -7.800M
Cash From Investing Activities 43.30M 2.800M -9.600M
Cash From Financing Activities -12.90M 0.000 -$7.954M
Net Change In Cash 22.60M -5.700M -$7.954M
YoY Change -496.49% -70.77% 1264.32%
FREE CASH FLOW
Cash From Operating Activities -$7.800M -$8.500M -$7.800M
Capital Expenditures -$100.0K $0.00 $290.0K
Free Cash Flow -$7.700M -$8.500M -$8.090M
YoY Change -9.41% -40.14% -29.55%

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us-gaap Deferred Income Tax Expense Benefit
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219000 USD
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us-gaap Deferred Policy Acquisition Costs Additions
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954000 USD
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us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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1860000 USD
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1141000 USD
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2887000 USD
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7900000 USD
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16559000 USD
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0 USD
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8342000 USD
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11010000 USD
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567000 USD
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us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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434000 USD
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0 USD
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0 USD
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us-gaap Discontinued Operation Tax Expense Benefit From Provision For Gain Loss On Disposal
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2550000 USD
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0 USD
us-gaap Disposal Group Including Discontinued Operation Foreign Currency Translation Gains Losses
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0 USD
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1243000 USD
us-gaap Disposal Group Including Discontinued Operation Foreign Currency Translation Gains Losses
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1243000 USD
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us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
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us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
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us-gaap Disposal Group Including Discontinued Operation Revenue
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us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
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us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
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2400000 USD
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us-gaap Impairment Of Investments
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us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap General And Administrative Expense
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us-gaap Impairment Of Investments
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10000 USD
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1180000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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1180000 USD
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1314000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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950000 USD
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1189000 USD
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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0 USD
us-gaap Income Loss From Equity Method Investments
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0 USD
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25000 USD
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us-gaap Income Loss From Equity Method Investments
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66000 USD
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3000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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995000 USD
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0 USD
us-gaap Income Loss From Subsidiaries Before Tax
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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56000 USD
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us-gaap Income Tax Reconciliation Deductions Dividends
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9000 USD
us-gaap Income Tax Reconciliation Deductions Dividends
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0 USD
us-gaap Income Tax Reconciliation Disposition Of Business
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422000 USD
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2391000 USD
us-gaap Income Tax Reconciliation Disposition Of Business
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2391000 USD
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap Income Tax Reconciliation Other Adjustments
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197000 USD
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us-gaap Income Tax Reconciliation Other Adjustments
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227000 USD
us-gaap Income Tax Reconciliation Prior Year Income Taxes
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us-gaap Increase Decrease In Assets Held For Sale
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-1180000 USD
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0 USD
us-gaap Increase Decrease In Assets Held For Sale
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0 USD
us-gaap Increase Decrease In Deferred Policy Acquisition Costs
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233000 USD
us-gaap Increase Decrease In Deferred Policy Acquisition Costs
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420000 USD
us-gaap Increase Decrease In Deferred Revenue
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977000 USD
us-gaap Increase Decrease In Deferred Revenue
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0 USD
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11952000 USD
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5676000 USD
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850000 USD
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5450000 USD
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1707000 USD
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us-gaap Increase Decrease In Prepaid Reinsurance Premiums
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83000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-1856000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1058000 USD
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
32000 USD
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-4483000 USD
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
-937000 USD
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-2147000 USD
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-10401000 USD
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
1416000 USD
CY2014Q2 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
21794000 USD
us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
42855000 USD
CY2015Q2 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
24187000 USD
us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
46140000 USD
CY2014Q2 us-gaap Insurance Commissions
InsuranceCommissions
5532000 USD
us-gaap Insurance Commissions
InsuranceCommissions
12085000 USD
CY2015Q2 us-gaap Insurance Commissions
InsuranceCommissions
5799000 USD
us-gaap Insurance Commissions
InsuranceCommissions
11546000 USD
CY2014Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
6026000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
12091000 USD
CY2015Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
5848000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
11246000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
15980000 USD
CY2015Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
15350000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
2797000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
1364000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
2805000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
1414000 USD
CY2014Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
1364000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
2797000 USD
CY2015Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
1414000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
2805000 USD
CY2014Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
17400000 USD
CY2015Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
19800000 USD
CY2014Q2 us-gaap Investment Income Dividend
InvestmentIncomeDividend
54000 USD
us-gaap Investment Income Dividend
InvestmentIncomeDividend
86000 USD
CY2015Q2 us-gaap Investment Income Dividend
InvestmentIncomeDividend
201000 USD
us-gaap Investment Income Dividend
InvestmentIncomeDividend
348000 USD
CY2014Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
271000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
543000 USD
CY2015Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
124000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
393000 USD
CY2014Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
414000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
882000 USD
CY2015Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
588000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
1967000 USD
CY2014Q2 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
73000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
128000 USD
CY2015Q2 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
60000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
126000 USD
CY2014Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
86000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
228000 USD
CY2015Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
32000 USD
CY2014Q2 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
72658000 USD
CY2015Q2 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
58219000 USD
CY2015Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
0 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
66000 USD
CY2014Q4 us-gaap Investments
Investments
87083000 USD
CY2015Q2 us-gaap Investments
Investments
99794000 USD
CY2014Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
7700000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
7294000 USD
CY2015Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
12688000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
253526000 USD
CY2015Q2 us-gaap Liabilities
Liabilities
220227000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
301722000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
275110000 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
21653000 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
21653000 USD
CY2014Q4 us-gaap Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
63895000 USD
CY2015Q2 us-gaap Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
58219000 USD
CY2013Q4 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
3128000 USD
CY2014Q2 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
3052000 USD
CY2014Q4 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
2975000 USD
CY2015Q2 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
2975000 USD
us-gaap Liability For Future Policy Benefits Description
LiabilityForFuturePolicyBenefitsDescription
13500
CY2014Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
66870000 USD
CY2015Q2 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
61194000 USD
CY2015Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
100000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
54277000 USD
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
42324000 USD
CY2014Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
13618000 USD
CY2015Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
0 USD
CY2012Q2 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
8500000 USD
CY2014Q1 us-gaap Mandatorily Redeemable Preferred Stock Fair Value Disclosure
MandatorilyRedeemablePreferredStockFairValueDisclosure
0 USD
CY2016Q1 us-gaap Mandatorily Redeemable Preferred Stock Fair Value Disclosure
MandatorilyRedeemablePreferredStockFairValueDisclosure
0 USD
CY2014Q1 us-gaap Mandatorily Redeemable Preferred Stock Fair Value Disclosure
MandatorilyRedeemablePreferredStockFairValueDisclosure
6600000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
4402000 USD
CY2015Q2 us-gaap Minority Interest
MinorityInterest
1750000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8013000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12920000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7967000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
35444000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-14525000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-7583000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-4998000 USD
us-gaap Net Income Loss
NetIncomeLoss
-6710000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
1815000 USD
us-gaap Net Income Loss
NetIncomeLoss
3944000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-558000 USD
CY2015Q2 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
1500000 USD
CY2014Q2 us-gaap Net Investment Income
NetInvestmentIncome
341000 USD
us-gaap Net Investment Income
NetInvestmentIncome
754000 USD
CY2015Q2 us-gaap Net Investment Income
NetInvestmentIncome
528000 USD
us-gaap Net Investment Income
NetInvestmentIncome
1841000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
95000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1064000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
160000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6139000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9597000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9444000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8741000 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
41185000 USD
us-gaap Operating Expenses
OperatingExpenses
82260000 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
41642000 USD
us-gaap Operating Expenses
OperatingExpenses
82042000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
78000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
197000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-582000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-446000 USD
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
12825000 USD
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
13298000 USD
CY2014Q4 us-gaap Other Assets
OtherAssets
3638000 USD
CY2015Q2 us-gaap Other Assets
OtherAssets
3282000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
0 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-1287000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-1339000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-1227000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-1240000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-1894000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-574000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
46000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
118000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-15000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
719000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
693000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-616000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
644000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2345000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2132000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-1287000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-1339000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-1451000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-1464000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1268000 USD
CY2014Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
8988000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
11316000 USD
CY2015Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
7893000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
9551000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1906000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-680000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1068000 USD
CY2014Q2 us-gaap Other Income
OtherIncome
2286000 USD
us-gaap Other Income
OtherIncome
4560000 USD
CY2015Q2 us-gaap Other Income
OtherIncome
2514000 USD
us-gaap Other Income
OtherIncome
10871000 USD
CY2014Q4 us-gaap Other Investments
OtherInvestments
3576000 USD
CY2015Q2 us-gaap Other Investments
OtherInvestments
3527000 USD
CY2014Q4 us-gaap Other Liabilities
OtherLiabilities
35836000 USD
CY2015Q2 us-gaap Other Liabilities
OtherLiabilities
40728000 USD
CY2014Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
89000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
143000 USD
CY2015Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
43000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
6066000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2340000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2594000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2075000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
635000 USD
CY2014Q4 us-gaap Other Receivables
OtherReceivables
5145000 USD
CY2015Q2 us-gaap Other Receivables
OtherReceivables
6852000 USD
CY2015Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
3000000 USD
CY2014Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
106000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
486000 USD
CY2015Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
54000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
108000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
12368000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
19727000 USD
us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
9430000 USD
us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
4281000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
2494000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
4495000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1485000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
144000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
103000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
-4000 USD
CY2015Q2 us-gaap Pledged Assets Separately Reported Nonsecuritized Investments Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedNonsecuritizedInvestmentsPledgedAsCollateralAtFairValue
16500000 USD
CY2014Q4 us-gaap Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
1.25
CY2014 us-gaap Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
1.88
CY2015Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.080
CY2005Q3 us-gaap Preferred Units Issued
PreferredUnitsIssued
3120000 shares
CY2014Q1 us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
60675000 USD
CY2014Q2 us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
28755000 USD
us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
60675000 USD
CY2015Q2 us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
30200000 USD
us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
59230000 USD
us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0
CY2014Q4 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
1889000 USD
CY2015Q2 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
258000 USD
CY2014Q4 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
28885000 USD
CY2015Q2 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
29792000 USD
CY2014Q4 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
8000 USD
CY2015Q2 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
91000 USD
CY2015Q2 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
47000000 USD
us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
0 USD
us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
44919000 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
6343000 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
0 USD
CY2005 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
78000000 USD
CY2005 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
74100000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
11210000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
18861000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
5703000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
307000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
1000000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
0 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-5474000 USD
us-gaap Profit Loss
ProfitLoss
-6480000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
833000 USD
us-gaap Profit Loss
ProfitLoss
4267000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5975000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5795000 USD
CY2014Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
5091000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
5130000 USD
CY2015Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
53000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
53000 USD
CY2014Q4 us-gaap Reinsurance Payable
ReinsurancePayable
525000 USD
CY2015Q2 us-gaap Reinsurance Payable
ReinsurancePayable
557000 USD
CY2014Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
3652000 USD
CY2015Q2 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
1505000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
0 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
12920000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
14356000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
CY2015Q2 us-gaap Restructuring And Related Cost Expected Cost1
RestructuringAndRelatedCostExpectedCost1
2000000 USD
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
2030000 USD
CY2014Q2 us-gaap Restructuring Charges
RestructuringCharges
-54000 USD
us-gaap Restructuring Charges
RestructuringCharges
-34000 USD
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899000 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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0.00
CY2015Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
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611875 shares
CY2014Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
611875 shares
CY2015Q2 us-gaap Restructuring Charges
RestructuringCharges
15000 USD
us-gaap Restructuring Charges
RestructuringCharges
30000 USD
CY2013Q4 us-gaap Restructuring Reserve
RestructuringReserve
1130000 USD
CY2014Q1 us-gaap Restructuring Reserve
RestructuringReserve
770000 USD
CY2014Q2 us-gaap Restructuring Reserve
RestructuringReserve
610000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
393000 USD
CY2015Q1 us-gaap Restructuring Reserve
RestructuringReserve
354000 USD
CY2015Q2 us-gaap Restructuring Reserve
RestructuringReserve
315000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
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-312050000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-305764000 USD
CY2014Q2 us-gaap Revenues
Revenues
42499000 USD
us-gaap Revenues
Revenues
83210000 USD
CY2015Q2 us-gaap Revenues
Revenues
39143000 USD
us-gaap Revenues
Revenues
83231000 USD
CY2014Q1 us-gaap Senior Long Term Notes
SeniorLongTermNotes
14400000 USD
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
200000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
828000 USD
CY2015Q2 us-gaap Share Based Compensation
ShareBasedCompensation
200000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
405000 USD
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0 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
611875 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.50
CY2014Q2 us-gaap Share Price
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0
CY2014Q1 us-gaap Share Price
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25.000
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
4.14
CY2015Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
4.14
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
4.50
CY2015Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
4.50
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
400000 USD
CY2015Q2 us-gaap Short Term Investments
ShortTermInvestments
400000 USD
CY2014Q2 us-gaap Stock Issued During Period Shares New Issues
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2875000 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
37464000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
46756000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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41866000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
48506000 USD
CY2014Q4 us-gaap Subordinated Debt
SubordinatedDebt
40659000 USD
CY2015Q2 us-gaap Subordinated Debt
SubordinatedDebt
42324000 USD
CY2015Q1 us-gaap Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions
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0.748
CY2014Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
6330000 USD
CY2015Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
6377000 USD
CY2014Q4 us-gaap Unearned Premiums
UnearnedPremiums
36432000 USD
CY2015Q2 us-gaap Unearned Premiums
UnearnedPremiums
37848000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-1082000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-1024000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
CY2014Q2 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2952000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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3618000 USD
CY2015Q2 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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1172000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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533000 USD
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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16430000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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16430000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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19710000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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19710000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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16430000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16430000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19710000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19710000 shares
us-gaap Deferred Policy Acquisition Costs Text Block1
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> DEFERRED ACQUISITION COSTS</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Policy acquisition costs consist primarily of commissions, premium taxes, and underwriting and agency expenses, net of ceding commission income, incurred related to successful efforts to acquire new or renewal insurance contracts and vehicle service agreements. 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rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="2%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1.5px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(in thousands)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1.5px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1.5px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three months ended June 30,</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1.5px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1.5px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1.5px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Six months ended June 30,</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1.5px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2015</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2015</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font 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rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,559</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,197</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,392</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additions</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,164</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,827</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,718</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,101</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,750</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,761</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,298</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,825</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Acquisition costs disposed of during the year related to PIH</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,043</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at June 30, net</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,617</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,625</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,617</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,625</font></div></td><td style="vertical-align:bottom;border-bottom:1.5px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BUSINESS</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Kingsway Financial Services Inc. (the "Company" or "Kingsway") was incorporated under the Business Corporations Act (Ontario) on September 19, 1989. Kingsway is a Canadian holding company with operating subsidiaries located in the United States. The Company operates as a merchant bank primarily engaged, through its subsidiaries, in the property and casualty insurance business.</font></div></div>

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