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Note 20 - Fair Value of Financial Instruments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Notes Tables |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
(in thousands) |  | March 31, 2025 |
|  | Fair Value Measurements at the End of the Reporting Period Using |
|  |  |  |  |  | Quoted Prices in |  |  | Significant |  |  | Significant |
|  |  |  |  |  | Active Markets for |  |  | Other Observable |  |  | Unobservable |
|  |  |  |  |  | Identical Assets |  |  | Inputs |  |  | Inputs |
|  | Total |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
Recurring fair value measurements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed maturities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government, government agencies and authorities |  | $ | 13,506 |  |  | $ | — |  |  | $ | 13,506 |  |  | $ | — |
States, municipalities and political subdivisions |  |  | 2,549 |  |  |  | — |  |  |  | 2,549 |  |  |  | — |
Mortgage-backed |  |  | 9,560 |  |  |  | — |  |  |  | 9,560 |  |  |  | — |
Asset-backed |  |  | 1,323 |  |  |  | — |  |  |  | 1,323 |  |  |  | — |
Corporate |  |  | 10,018 |  |  |  | — |  |  |  | 10,018 |  |  |  | — |
Total fixed maturities |  |  | 36,956 |  |  |  | — |  |  |  | 36,956 |  |  |  | — |
Limited liability investment, at fair value |  |  | 2,860 |  |  |  | — |  |  |  | — |  |  |  | 2,860 |
Total assets |  | $ | 39,816 |  |  | $ | — |  |  | $ | 36,956 |  |  | $ | 2,860 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subordinated debt |  | $ | 13,375 |  |  | $ | — |  |  | $ | 13,375 |  |  | $ | — |
Total liabilities |  | $ | 13,375 |  |  | $ | — |  |  | $ | 13,375 |  |  | $ | — |
(in thousands) |  | December 31, 2024 |
|  | Fair Value Measurements at the End of the Reporting Period Using |
|  |  |  |  |  | Quoted Prices in |  |  | Significant |  |  | Significant |
|  |  |  |  |  | Active Markets for |  |  | Other Observable |  |  | Unobservable |
|  |  |  |  |  | Identical Assets |  |  | Inputs |  |  | Inputs |
|  | Total |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
Recurring fair value measurements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed maturities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government, government agencies and authorities |  | $ | 13,354 |  |  | $ | — |  |  | $ | 13,354 |  |  | $ | — |
States municipalities and political subdivisions |  |  | 2,775 |  |  |  | — |  |  |  | 2,775 |  |  |  | — |
Mortgage-backed |  |  | 9,886 |  |  |  | — |  |  |  | 9,886 |  |  |  | — |
Asset-backed |  |  | 1,326 |  |  |  | — |  |  |  | 1,326 |  |  |  | — |
Corporate |  |  | 9,622 |  |  |  | — |  |  |  | 9,622 |  |  |  | — |
Total fixed maturities |  |  | 36,963 |  |  |  | — |  |  |  | 36,963 |  |  |  | — |
Limited liability investment, at fair value |  |  | 2,859 |  |  |  | — |  |  |  | — |  |  |  | 2,859 |
Total assets |  | $ | 39,822 |  |  | $ | — |  |  | $ | 36,963 |  |  | $ | 2,859 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subordinated debt |  | $ | 13,409 |  |  | $ | — |  |  | $ | 13,409 |  |  | $ | — |
Contingent consideration |  |  | 2,725 |  |  |  | — |  |  |  | — |  |  |  | 2,725 |
Total liabilities |  | $ | 16,134 |  |  | $ | — |  |  | $ | 13,409 |  |  | $ | 2,725 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] |
(in thousands) |  | Three months ended March 31, |
|  | 2025 |  |  | 2024 |
Assets: |  |  |  |  |  |  |  |
Limited liability investment, at fair value: |  |  |  |  |  |  |  |
Beginning balance |  | $ | 2,859 |  |  | $ | 3,496 |
Distributions received |  |  | — |  |  |  | (115 | )
Realized gains included in net loss |  |  | — |  |  |  | 115 |
Change in fair value of limited liability investment, at fair value included in net loss |  |  | 1 |  |  |  | (8 | )
Ending balance |  | $ | 2,860 |  |  | $ | 3,488 |
Unrealized losses (gains) on limited liability investments, at fair value held at end of period: |  |  |  |  |  |  |  |
Included in net loss |  | $ | 1 |  |  | $ | (8 | )
Included in other comprehensive income (loss) |  | $ | — |  |  | $ | — |
Ending balance - assets |  | $ | 2,860 |  |  | $ | 3,488 |
Liabilities: |  |  |  |  |  |  |  |
Contingent consideration: |  |  |  |  |  |  |  |
Beginning balance |  | $ | 2,725 |  |  | $ | 3,105 |
Settlements of contingent consideration liabilities |  | $ | (2,725 | ) |  | $ | — |
Change in fair value of contingent consideration included in net loss |  |  | — |  |  |  | 270 |
Ending balance |  | $ | — |  |  | $ | 3,375 |
Unrealized gains recognized on contingent consideration liability held at end of period: |  |  |  |  |  |  |  |
Included in net loss |  | $ | — |  |  | $ | 270 |
Included in other comprehensive income (loss) |  | $ | — |  |  | $ | — |
Ending balance - liabilities |  | $ | — |  |  | $ | 3,375 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
|  | Fair Value |  |  |  |  |  |
Categories |  |  | (in thousands) |  | Valuation Techniques | Unobservable Inputs |  |  | Input Value(s) |
Limited liability investment, at fair value |  | $ | 2,860 |  | Market approach | Valuation multiples |  | 1.0x - 9.0x |
|  | Fair Value |  |  |  |  |  |  |
Categories |  |  | (in thousands) |  | Valuation Techniques | Unobservable Inputs |  |  | Input Value(s) |
Limited liability investment, at fair value |  | $ | 2,859 |  | Market approach | Valuation multiples |  | 1.0x - 9.0x |
Contingent consideration |  | $ | 2,725 |  | Option-based income approach | Discount rate |  |  | 8.25 | %
|  |  |  |  |  | Risk-free rate |  |  | 4.96 | %
|  |  |  |  |  | Expected volatility |  |  | 9.0 | %
Fair Value, Nonrecurring [Member] |
Notes Tables |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
|  | Fair Value |  |  |  |  |  |  |
Categories |  | (in thousands) |  | Valuation Techniques | Unobservable Inputs |  | Input Value(s) |
Customer relationships |  | $ | 500 |  | Multi-period excess earnings | Growth rate |  |  | 3.0 | %
|  |  |  |  |  | Attrition rate |  |  | 30.0 | %
|  |  |  |  |  | Discount rate |  |  | 18.0 | %
Trade name |  | $ | 3,100 |  | Relief from royalty | Royalty rate |  |  | 5.0 | %
|  |  |  |  |  | Discount rate |  |  | 17.0 | %

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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