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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Investments, at fair value:    
Fixed maturities (amortized cost of $596,185 and $672,139 $ 561,728 $ 663,602
Equity Securities, FV-NI 39,407 37,958
Other investments (amortized cost of $16,527 and $17,131 16,707 18,006
Total investments 617,842 719,566
Cash and Cash Equivalents 257,871 212,024
Restricted Cash 33,002 33,254
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 290,873 245,278
Accrued Investment Income 2,859 3,296
Property and equipment, net 28,477 31,561
Premiums receivable, net (credit allowance of $20 and $32) 76,889 79,166
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $395 and $563) 911,812 997,120
Ceded uneared premiums 283,964 430,631
Goodwill 73,045 73,045
Deferred policy acquisition costs 45,713 38,520
Intangible Assets, Net (Excluding Goodwill) 17,563 18,375
Other assets, net 80,418 62,015
Total Assets 2,429,455 2,698,573
Liabilities    
Unpaid losses and loss adjustment expenses 967,214 1,084,450
Unearned Premiums 605,209 644,940
Reinsurance Payable 196,911 248,625
Payments outstanding 104,278 114,524
Accounts Payable 73,334 76,258
Operating Lease, Liability 1,751 1,934
Other Liabilities 47,615 39,324
Notes Payable 156,264 156,561
Total Liabilities 2,152,576 2,366,616
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; 43,469,678 and 43,360,429 issued; 43,257,595 and 43,370,442 outstanding, respectively 4 4
Additional Paid in Capital 394,720 394,268
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (25,657) (6,531)
Retained Earnings (110,665) (74,904)
Total Stockholders' Equity 257,971 312,406
Stockholders' Equity Attributable to Noncontrolling Interest 18,908 19,551
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 276,879 331,957
Total Liabilities and Stockholders' Equity $ 2,429,455 $ 2,698,573