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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Service fee and commission revenue $ 26,197 $ 23,590 $ 52,586 $ 46,046
Total revenues 26,197 23,590 52,586 46,046
Operating expenses:        
Claims authorized on vehicle service agreements 6,219 5,345 11,629 10,528
Commissions 2,567 1,997 5,087 3,260
Cost of services sold 7,148 4,187 14,895 8,715
General and administrative expenses 9,870 10,533 19,694 22,773
Total operating expenses 25,804 22,062 51,305 45,276
Operating income 393 1,528 1,281 770
Other revenues (expenses), net:        
Net investment income 330 465 1,068 1,084
Net realized gains 123 184 333 238
Gain (loss) on change in fair value of equity investments 1,707 (38) 2,782 (48)
Gain (loss) on change in fair value of limited liability investments, at fair value 4 46 (126) 173
Impairment losses (95) 0 (95) 0
Loss on change in fair value of derivative asset option contracts 0 0 (1,366) 0
Non-operating other expense (1,191) (879) (1,710) (658)
Interest expense (1,086) (1,704) (4,058) (3,068)
Amortization of intangible assets (1,410) (1,442) (2,828) (2,884)
Loss on change in fair value of debt (339) (1,330) (30) (3,198)
Gain on extinguishment of debt 0 0 31,616 0
Total other (expenses) revenue, net (1,957) (4,698) 25,586 (8,361)
(Loss) income from continuing operations before income tax expense (benefit) (1,564) (3,170) 26,867 (7,591)
Income tax expense (benefit) 213 (19) 912 (441)
(Loss) income from continuing operations (1,777) (3,151) 25,955 (7,150)
Income from discontinued operations, net of taxes 110 786 217 2,281
Net (loss) income (1,667) (2,365) 26,172 (4,869)
Less: Net (loss) income from continuing operations attributable to noncontrolling interests in consolidated subsidiaries (227) 180 (230) 107
Less: Net income from discontinued operations attributable to noncontrolling interests in consolidated subsidiaries 0 123 0 345
Less: Dividends on preferred stock 5 79 74 157
Net (loss) income attributable to common shareholders (1,445) (2,747) 26,328 (5,478)
Net (loss) income from continuing operations attributable to common shareholders (1,555) (3,410) 26,111 (7,414)
Net income from discontinued operations attributable to common shareholders $ 110 $ 663 $ 217 $ 1,936
Basic (loss) earnings per share attributable to common shareholders:        
Continuing operations (in dollars per share) $ (0.06) $ (0.15) $ 1.06 $ (0.32)
Discontinued operations (in dollars per share) 0 0.03 0.01 0.08
Basic (loss) earnings per share - net (loss) income attributable to common shareholders (in dollars per share) (0.06) (0.12) 1.07 (0.24)
Diluted (loss) earnings per share attributable to common shareholders:        
Continuing operations (in dollars per share) (0.06) (0.15) 0.97 (0.32)
Discontinued operations (in dollars per share) 0 0.03 0.01 0.08
Diluted (loss) earnings per share - net (loss) income attributable to common shareholders (in dollars per share) $ (0.06) $ (0.12) $ 0.98 $ (0.24)
Basic: (in shares) 25,295 22,883 24,681 22,883
Diluted: (in shares) 25,295 22,883 26,850 22,883