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Quarterly Results for 2021 and 2020 (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results for the Periods Presented
The following table provides a summary of quarterly results for the periods presented (in thousands except per share data):
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
For the Year Ended December 31, 2021
Premiums earned, net$243,305 $256,172 $264,654 $271,332 
Net investment income2,986 2,858 2,797 3,894 
Total revenues262,757 279,181 287,254 292,659 
Total expenses226,406 249,122 260,790 357,120 
Net income (loss)26,408 21,941 20,183 (48,125)
Basic earnings (loss) per share$0.85 $0.70 $0.65 $(1.54)
Diluted earnings (loss) per share$0.84 $0.70 $0.64 $(1.54)
For the Year Ended December 31, 2020
Premiums earned, net$220,829 $226,370 $234,191 $242,173 
Net investment income6,834 6,179 4,557 2,823 
Total revenues235,275 252,704 311,665 273,126 
Total expenses207,691 225,266 315,457 300,125 
Net income (loss)20,067 19,882 (3,169)(17,675)
Basic earnings (loss) per share$0.62 $0.62 $(0.10)$(0.57)
Diluted earnings (loss) per share$0.61 $0.62 $(0.10)$(0.57)