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Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consists of the following as of the dates presented (in thousands):

						As of December 31,
						2021						2020
Surplus note						$	6,985					$	8,456
5.625% Senior unsecured notes						100,000						—
Total principal amount						106,985						8,456
Less: unamortized debt issuance costs						(3,309)						—
Total long-term debt, net						$	103,676					$	8,456

Estimate of Principal Payments to Be Made for the Amount Due on the Surplus Note

The following table provides an estimate of aggregate principal payments to be made for the amounts due on long-term debt as of December 31, 2021 (in thousands):

2022			$	1,471
2023			1,471
2024			1,471
2025			1,471
2026			101,101
Thereafter			—
Total long-term debt maturities			106,985
Less: unamortized debt issuance costs			(3,309)
Total long-term debt maturities, net			$	103,676

Schedule of Interest Expense

The following table provides interest expense related to long-term debt during the periods presented (in thousands):

						Years Ended December 31,
						2021						2020						2019
Interest Expense:
Surplus notes						$	113					$	95					$	243
5.625% Senior unsecured notes						469						—						—
Non-cash expense (1)						56						—						—
Total						$	638					$	95					$	243

(1) Represents amortization of debt issuance costs.

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