• Filing Date: 2020-03-06
  • Form Type: 10-K
  • Description: Annual report
v3.19.3.a.u2
Condensed Financial Information of HCI Group, Inc. - Statements of Income (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Condensed Financial Statements Captions [Line Items]                              
Net investment income                         $ 13,642 $ 16,581 $ 11,439
Net realized investment (losses) gains                         (254) 6,183 4,346
Net unrealized investment gains (losses)                         7,950 (10,202) 92
Other-than-temporary impairment losses                         (289) (80) (1,467)
Loss on repurchases of senior notes                             (743)
Interest expense $ (2,927) $ (2,907) $ (2,884) $ (4,337) $ (4,569) $ (4,552) $ (4,505) $ (4,470) $ (4,439) $ (4,408) $ (4,378) $ (3,542) (13,055) (18,096) (16,767)
Income tax benefit                         (9,517) (9,177) 8,731
Net income (loss) $ 6,432 $ 5,853 $ 7,553 $ 6,738 $ (8,466) $ 8,997 $ 6,403 $ 10,791 $ 12,091 $ (40,546) $ 9,542 $ 12,020 26,576 17,725 (6,893)
HCI Group [Member]                              
Condensed Financial Statements Captions [Line Items]                              
Net investment income                         2,295 5,348 2,799
Net realized investment (losses) gains                         (541) 1,544 367
Net unrealized investment gains (losses)                         1,385 (1,514) 92
Other-than-temporary impairment losses                           (80) (209)
Loss on repurchases of senior notes                             (743)
Interest expense                         (12,042) (17,007) (15,704)
Operating expenses                         (6,353) (5,429) (5,489)
Loss before income tax benefit and equity in income of subsidiaries                         (15,256) (17,138) (18,887)
Income tax benefit                         3,092 1,856 9,605
Net loss before equity in income of subsidiaries                         (12,164) (15,282) (9,282)
Equity in income of subsidiaries                         38,740 33,007 2,389
Net income (loss)                         $ 26,576 $ 17,725 $ (6,893)