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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Investments, at fair value:    
Fixed maturities (amortized cost of $841,684 and $926,714) $ 841,105 $ 940,011
Available-for-sale Securities, Equity Securities 31,176 7,445
Total investments 932,359 995,051
Other investments (amortized cost of $59,310 and $47,535) 60,078 47,595
Cash and Cash Equivalents 276,382 239,420
Restricted Cash 42,791 62,078
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 319,173 301,498
Accrued Investment Income 4,328 4,680
Property and equipment, net 32,490 34,187
Premiums receivable, net (credit allowance of $63 and $140) 96,665 87,339
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $496 and $386) 927,427 821,156
Ceded uneared premiums 592,974 384,588
Goodwill 73,045 73,045
Deferred policy acquisition costs 86,858 74,414
Intangible Assets, Net (Excluding Goodwill) 19,998 21,930
Other assets, net (credit allowance of $566 and $20) 63,355 51,053
Total Assets 3,148,672 2,848,941
Liabilities    
Unpaid losses and loss adjustment expenses 1,136,375 1,089,966
Unearned Premiums 748,904 723,938
Reinsurance Payable 538,217 241,636
Payments outstanding 72,209 77,912
Accounts Payable 70,648 91,173
Operating Lease, Liability 2,159 2,311
Other Liabilities 62,584 46,365
Notes Payable 157,154 158,041
Total Liabilities 2,788,250 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; 43,373,346 and 43,250,731 issued; 43,227,957 and 43,075,877 outstanding, respectively 4 4
Additional Paid in Capital 393,524 393,122
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (662) 9,693
Retained Earnings (53,102) (6,635)
Total Stockholders' Equity 339,333 395,753
Stockholders' Equity Attributable to Noncontrolling Interest 21,089 21,846
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 360,422 417,599
Total Liabilities and Stockholders' Equity $ 3,148,672 $ 2,848,941