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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Investments, at fair value:    
Fixed maturities (amortized cost of $884,220 and $926,714) $ 875,275 $ 940,011
Available-for-sale Securities, Equity Securities 19,036 7,445
Total investments 936,756 995,051
Other investments (amortized cost of $41,510 and $47,535) 42,445 47,595
Cash and Cash Equivalents 228,454 239,420
Restricted Cash 44,102 62,078
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 272,556 301,498
Accrued Investment Income 4,275 4,680
Property and equipment, net 32,949 34,187
Premiums receivable, net (credit allowance of $57 and $140) 78,714 87,339
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $511 and $386) 956,058 821,156
Ceded uneared premiums 296,118 384,588
Goodwill 73,045 73,045
Deferred policy acquisition costs 71,747 74,414
Intangible Assets, Net (Excluding Goodwill) 20,887 21,930
Other assets, net (credit allowance of $167 and $20) 60,219 51,053
Total Assets 2,803,324 2,848,941
Liabilities    
Unpaid losses and loss adjustment expenses 1,217,791 1,089,966
Unearned Premiums 678,913 723,938
Reinsurance Payable 151,110 241,636
Payments outstanding 76,370 77,912
Accounts Payable 79,677 91,173
Operating Lease, Liability 2,166 2,311
Other Liabilities 59,909 46,365
Notes Payable 157,450 158,041
Total Liabilities 2,423,386 2,431,342
Commitments and Contingencies
Stockholders' Equity    
Preferred Stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding 0 0
Common Stock, $0.0001 par value; 50,000,000 shares authorized; 43,310,496 and 43,250,731 issued; 43,147,180 and 43,075,877 outstanding, respectively 4 4
Additional Paid in Capital 393,382 393,122
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (6,945) 9,693
Retained Earnings (27,001) (6,635)
Total Stockholders' Equity 359,009 395,753
Stockholders' Equity Attributable to Noncontrolling Interest 20,929 21,846
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 379,938 417,599
Total Liabilities and Stockholders' Equity $ 2,803,324 $ 2,848,941