XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Net premiums earned $ 85,169 $ 78,835 $ 155,053 $ 141,706
Fee and other income 695 490 1,099 751
Net investment income 2,523 1,923 5,278 3,614
Net investment gains (losses) (580) (173) 876 1,230
Total revenues 87,807 81,075 162,306 147,301
Expenses:        
Losses and loss adjustment expenses 69,358 60,077 109,502 101,202
Amortization of deferred policy acquisition costs 19,290 16,784 36,107 31,788
Other underwriting and general expenses 8,229 7,475 16,934 15,276
Total expenses 96,877 84,336 162,543 148,266
Loss from continuing operations before income taxes (9,070) (3,261) (237) (965)
Income tax expense (benefit) (1,592) (685) 306 (203)
Net loss from continuing operations (7,478) (2,576) (543) (762)
Net loss attributable to non-controlling interest (113) (403)
Net loss from continuing operations attributable to NI Holdings, Inc. (7,478) (2,463) (543) (359)
Loss from discontinued operations, net of taxes (996) (5,659) (1,512) (11,973)
Loss on sale of discontinued operations, net of taxes (7,762) (7,762)
Net loss $ (16,236) $ (8,122) $ (9,817) $ (12,332)
Loss per common share from continuing operations:        
Basic (in Dollars per share) $ (0.36) $ (0.12) $ (0.03) $ (0.02)
Diluted (in Dollars per share) (0.36) (0.12) (0.03) (0.02)
Loss per common share:        
Basic (in Dollars per share) (0.77) (0.38) (0.47) (0.58)
Diluted (in Dollars per share) $ (0.77) $ (0.38) $ (0.47) $ (0.58)
Share data:        
Weighted average common shares outstanding used in basic per common share calculations (in Shares) 20,970,384 21,281,542 20,951,579 21,325,007
Dilutive securities (in Shares)
Weighted average common shares used in diluted per common share calculations (in Shares) 20,970,384 21,281,542 20,951,579 21,325,007