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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income $ 24,873 $ 20,144
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 6,022 4,694
Net (accretion of discounts) amortization of premiums on investments in fixed-maturity securities (21) 171
Depreciation and amortization 6,499 6,677
Deferred income tax expense 5,032 1,231
Net realized investment losses 632 535
Net unrealized investment losses (gains) 581 (7,261)
Credit loss expense 596  
Loss from unconsolidated joint venture 46 71
Net loss (income) from limited partnership interests 2,058 (1,308)
Distributions received from limited partnership interests 650 3,647
Loss on repurchases of convertible senior notes 150 0
Loss on extinguishment of debt 98 0
Gain on involuntary conversion (36,969)  
Foreign currency remeasurement loss. 40 31
Other non-cash items (306) 286
Changes in operating assets and liabilities:    
Accrued interest and dividends receivable 700 (282)
Income taxes (1,671) 656
Premiums receivable (8,250) (8,982)
Prepaid reinsurance premiums (24,187) (14,826)
Reinsurance recoverable 37,404 (39,533)
Deferred policy acquisition costs (8,038) (6,628)
Other assets (3,552) (4,165)
Losses and loss adjustment expenses 4,648 30,335
Unearned premiums 57,773 47,026
Advance premiums 11,494 5,454
Assumed reinsurance balances payable 16 (14)
Accrued expenses and other liabilities 1,212 135
Net cash provided by operating activities 77,530 38,094
Cash flows from investing activities:    
Investments in limited partnership interests (2,951) (1,899)
Distributions received from limited partnership interests 1,092 1,163
Purchase of property and equipment (5,928) (2,166)
Purchase of real estate investments (3,052) (10,475)
Purchase of fixed-maturity securities (30,200) (79,355)
Purchase of equity securities (27,175) (19,278)
Purchase of short-term and other investments   (689)
Compensation received for property condemned through eminent domain 44,000  
Proceeds from sales of fixed-maturity securities 79,284 5,225
Proceeds from calls, repayments and maturities of fixed-maturity securities 60,870 50,738
Proceeds from sales of equity securities 17,385 34,345
Proceeds from sales, redemptions and maturities of short-term and other investments 475 66,902
Net cash provided by investing activities 133,800 44,511
Cash flows from financing activities:    
Cash dividends paid (9,508) (9,829)
Cash dividends received under share repurchase forward contract 229 230
Net (repayment) borrowing under revolving credit facility (1,000) 9,750
Proceeds from exercise of common stock options 63 63
Proceeds from issuance of long-term debt 10,000  
Repayment of long-term debt (16,812) (90,980)
Repurchases of convertible senior notes (4,459)  
Repurchases of common stock (1,338) (1,023)
Repurchases of common stock under share repurchase plan (5,161) (15,191)
Debt issuance costs (165) (459)
Net cash used in financing activities (28,151) (107,439)
Effect of exchange rate changes on cash (6) 2
Net increase (decrease) in cash, cash equivalents, and restricted cash 183,173 (24,832)
Cash, cash equivalents, and restricted cash at beginning of period 229,918 240,158
Cash, cash equivalents, and restricted cash at end of period 413,091 215,326
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 6,137 5,285
Cash paid for interest 7,137 8,904
Non-cash investing and financing activities:    
Unrealized (loss) gain on investments in available-for-sale securities, net of tax $ (538) 3,544
Addition to property and equipment under capital lease   $ 18