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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Premiums earned $ 1,713 $ 1,734 $ 3,879 $ 5,139
Net investment income (loss) 437 (2,708) 1,105 (2,012)
Total revenues 2,150 (974) 4,984 3,127
Expenses:        
Losses and loss adjustment expense (benefit) 2,885 (4,214) 3,989 (1,300)
Ceding commission expense 150 342 363 706
General and administrative expense 2,016 1,614 3,463 3,034
Loss contract reserve fair market value change (30,287)   (30,287) (987)
Loss from contract termination 6,563   6,563  
Interest expense 3,501 3,768 6,951 7,974
Total expenses (15,172) 1,510 (8,958) 9,427
Income (loss) before federal income taxes 17,322 (2,484) 13,942 (6,300)
Income tax expense (benefit) 0 0 0 0
Net income (loss) 17,322 (2,484) 13,942 (6,300)
Preferred deemed dividend     (9,455)  
Net income (loss) attributable to common shareholders $ 17,322 $ (2,484) $ 4,487 $ (6,300)
Basic net income (loss) per share attributable to common shareholders $ 0.09 $ (0.01) $ 0.02 $ (0.03)
Shares used in computing basic net income (loss) per share 200,999,481 200,385,364 200,738,227 200,221,425
Diluted net income (loss) per share attributable to common shareholders $ 0.07 $ (0.01) $ 0.02 $ (0.03)
Shares used in computing diluted net income (loss) per share 243,587,216 200,385,364 235,963,104 200,221,425