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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Information [Abstract] |
Assets, Revenue Loss Before Income Taxes for Each Business Unit | The Parent’s primary insurance subsidiaries operate with relative autonomy and each company is evaluated based on its individual performance. American Southern operates in the property and casualty insurance market, while Bankers Fidelity operates in the life and health insurance market. Each segment derives revenue from the collection of premiums, as well as from investment income. Substantially all revenue other than that in the corporate and other segment is from external sources.
|  | For the Year Ended December 31, 2022 |
|  | American Southern |  |  | Bankers Fidelity |  |  | Corporate & Other |  |  | Adjustments & Eliminations |  |  | Consolidated |
Insurance premiums, net |  | $ | 70,276 |  |  | $ | 115,164 |  |  | $ | — |  |  | $ | — |  |  | $ | 185,440 |
Insurance benefits and losses incurred |  |  | 47,175 |  |  |  | 76,281 |  |  |  | — |  |  |  | — |  |  |  | 123,456 |
Expenses deferred |  |  | (10,161 | ) |  |  | (12,867 | ) |  |  | — |  |  |  | — |  |  |  | (23,028 | )
Amortization and depreciation expense |  |  | 10,240 |  |  |  | 9,452 |  |  |  | 498 |  |  |  | — |  |  |  | 20,190 |
Other expenses |  |  | 20,082 |  |  |  | 37,337 |  |  |  | 17,432 |  |  |  | (9,714 | ) |  |  | 65,137 |
Total expenses |  |  | 67,336 |  |  |  | 110,203 |  |  |  | 17,930 |  |  |  | (9,714 | ) |  |  | 185,755 |
Underwriting income |  |  | 2,940 |  |  |  | 4,961 |  |  |  | — |  |  |  | — |  |  |  | 7,901 |
Net investment income (loss) |  |  | 4,147 |  |  |  | 5,414 |  |  |  | 2,461 |  |  |  | (2,090 | ) |  |  | 9,932 |
Other income (loss) |  |  | 3 |  |  |  | 8 |  |  |  | 7,624 |  |  |  | (7,624 | ) |  |  | 11 |
Subtotal |  |  | 7,090 |  |  |  | 10,383 |  |  |  | (7,845 | ) |  |  | — |  |  |  | 9,628 |
Net realized gains (losses) |  |  | (28 | ) |  |  | 58 |  |  |  | — |  |  |  | — |  |  |  | 30 |
Unrealized losses on equity securities |  |  | (449 | ) |  |  | (6,629 | ) |  |  | (484 | ) |  |  | — |  |  |  | (7,562 | )
Income (loss) before income taxes |  | $ | 6,613 |  |  | $ | 3,812 |  |  | $ | (8,329 | ) |  | $ | — |  |  | $ | 2,096 |
Total revenues |  | $ | 73,949 |  |  | $ | 114,015 |  |  | $ | 9,601 |  |  | $ | (9,714 | ) |  | $ | 187,851 |
Intangibles |  | $ | 1,350 |  |  | $ | 1,194 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,544 |
Total assets |  | $ | 144,455 |  |  | $ | 195,028 |  |  | $ | 140,661 |  |  | $ | (113,080 | ) |  | $ | 367,064 |
|  | For the Year Ended December 31, 2021 |
|  | American Southern |  |  | Bankers Fidelity |  |  | Corporate & Other |  |  | Adjustments & Eliminations |  |  | Consolidated |
Insurance premiums, net |  | $ | 67,982 |  |  | $ | 116,234 |  |  | $ | — |  |  | $ | — |  |  | $ | 184,216 |
Insurance benefits and losses incurred |  |  | 44,433 |  |  |  | 87,261 |  |  |  | — |  |  |  | — |  |  |  | 131,694 |
Expenses deferred |  |  | (10,690 | ) |  |  | (12,461 | ) |  |  | — |  |  |  | — |  |  |  | (23,151 | )
Amortization and depreciation expense |  |  | 10,756 |  |  |  | 13,692 |  |  |  | 537 |  |  |  | — |  |  |  | 24,985 |
Other expenses |  |  | 20,077 |  |  |  | 33,484 |  |  |  | 16,255 |  |  |  | (9,092 | ) |  |  | 60,724 |
Total expenses |  |  | 64,576 |  |  |  | 121,976 |  |  |  | 16,792 |  |  |  | (9,092 | ) |  |  | 194,252 |
Underwriting income (loss) |  |  | 3,406 |  |  |  | (5,742 | ) |  |  | — |  |  |  | — |  |  |  | (2,336 | )
Net investment income (loss) |  |  | 3,570 |  |  |  | 5,204 |  |  |  | 1,466 |  |  |  | (1,712 | ) |  |  | 8,528 |
Other income (loss) |  |  | 4 |  |  |  | 9 |  |  |  | 7,380 |  |  |  | (7,380 | ) |  |  | 13 |
Subtotal |  |  | 6,980 |  |  |  | (529 | ) |  |  | (7,946 | ) |  |  | — |  |  |  | (1,495 | )
Net realized gains |  |  | 2,198 |  |  |  | 2,705 |  |  |  | — |  |  |  | — |  |  |  | 4,903 |
Unrealized gains on equity securities |  |  | 114 |  |  |  | 1,550 |  |  |  | 230 |  |  |  | — |  |  |  | 1,894 |
Income (loss) before income taxes |  | $ | 9,292 |  |  | $ | 3,726 |  |  | $ | (7,716 | ) |  | $ | — |  |  | $ | 5,302 |
Total revenues |  | $ | 73,868 |  |  | $ | 125,702 |  |  | $ | 9,076 |  |  | $ | (9,092 | ) |  | $ | 199,554 |
Intangibles |  | $ | 1,350 |  |  | $ | 1,194 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,544 |
Total assets |  | $ | 161,788 |  |  | $ | 227,395 |  |  | $ | 177,638 |  |  | $ | (164,535 | ) |  | $ | 402,286 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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