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v3.23.3

Note 11 - Debt (Tables) | 9 Months Ended
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Sep. 30, 2023
Notes Tables |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block] |
(in thousands) |  | September 30, 2023 |  |  | December 31, 2022 |
|  | Principal |  |  | Carrying Value |  |  | Fair Value |  |  | Principal |  |  | Carrying Value |  |  | Fair Value |
Bank loan: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2021 Ravix Loan |  | $ | 4,850 |  |  | $ | 4,850 |  |  | $ | 4,949 |  |  | $ | 5,300 |  |  | $ | 5,300 |  |  | $ | 5,460 |
2022 Ravix Loan |  |  | 5,075 |  |  |  | 4,908 |  |  |  | 5,274 |  |  |  | 5,950 |  |  |  | 5,754 |  |  |  | 6,245 |
SNS Loan |  |  | 6,000 |  |  |  | 5,917 |  |  |  | 6,236 |  |  |  | 6,850 |  |  |  | 6,755 |  |  |  | 6,921 |
2020 KWH Loan |  |  | 12,831 |  |  |  | 12,637 |  |  |  | 12,974 |  |  |  | 16,708 |  |  |  | 16,472 |  |  |  | 16,819 |
Total bank loans |  |  | 28,756 |  |  |  | 28,312 |  |  |  | 29,433 |  |  |  | 34,808 |  |  |  | 34,281 |  |  |  | 35,445 |
Subordinated debt |  |  | 15,000 |  |  |  | 12,624 |  |  |  | 12,624 |  |  |  | 90,500 |  |  |  | 67,811 |  |  |  | 67,811 |
Total |  | $ | 43,756 |  |  | $ | 40,936 |  |  | $ | 42,057 |  |  | $ | 125,308 |  |  | $ | 102,092 |  |  | $ | 103,256 |
Schedule of Subordinated Borrowing [Table Text Block] |
Issuer |  | Principal (in thousands) |  | Issue date |  | Interest |  | Redemption date
Kingsway DE Statutory Trust III |  | $ 15,000 |  | 5/22/2003 |  | annual interest rate equal to LIBOR, plus 4.20% payable quarterly |  | 5/22/2033
Issuer |  | Principal (in thousands) |  | Issue date | Interest | Redemption date
Kingsway CT Statutory Trust I |  | $ | 15,000 |  | 12/4/2002 | annual interest rate equal to LIBOR, plus 4.00% payable quarterly | 12/4/2032
Kingsway CT Statutory Trust II |  | $ | 17,500 |  | 5/15/2003 | annual interest rate equal to LIBOR, plus 4.10% payable quarterly | 5/15/2033
Kingsway CT Statutory Trust III |  | $ | 20,000 |  | 10/29/2003 | annual interest rate equal to LIBOR, plus 3.95% payable quarterly | 10/29/2033
Kingsway DE Statutory Trust III |  | $ | 15,000 |  | 5/22/2003 | annual interest rate equal to LIBOR, plus 4.20% payable quarterly | 5/22/2033
Kingsway DE Statutory Trust IV |  | $ | 10,000 |  | 9/30/2003 | annual interest rate equal to LIBOR, plus 3.85% payable quarterly | 9/30/2033
Kingsway DE Statutory Trust VI |  | $ | 13,000 |  | 12/16/2003 | annual interest rate equal to LIBOR, plus 4.00% payable quarterly | 1/8/2034

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- Definition Tabular disclosure of borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC uniform net capital rules for broker-dealers, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 470 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480876/942-470-45-1 + Details
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