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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments, at fair value:    
Fixed maturities (amortized cost of $559,163 and $672,139 $ 178,316 $ 180,703
Equity Securities, FV-NI 6,214 0
Other investments (amortized cost of $16,780 and $17,131 14,217 16,487
Total investments 198,747 197,190
Cash and Cash Equivalents 285,400 153,762
Restricted Cash 20,309 18,070
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 305,709 171,832
Accrued Investment Income 2,534 2,104
Property and equipment, net 10,351 3,658
Premiums receivable, net 53,990 47,274
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments 257,090 341,102
Ceded uneared premiums 137,760 159,147
Goodwill 59,476 59,476
Deferred policy acquisition costs 27,290 25,041
Intangible Assets, Net (Excluding Goodwill) 8,511 9,323
Other assets, net 15,853 36,141
Total Assets 1,077,311 1,060,383
Liabilities    
Unpaid losses and loss adjustment expenses 279,556 370,221
Unearned Premiums 321,693 293,057
Reinsurance Payable 38,387 317
Payments outstanding 1,971 2,116
Accounts Payable 81,725 75,284
Operating Lease, Liability 105 776
Other Liabilities 1,111 1,159
Notes Payable 148,771 148,688
Total Liabilities 873,319 891,618
Commitments and Contingencies
Stockholders' Equity    
Preferred Stock, $0.0001 par value; 1,000,000 shares authorized 0 0
Common Stock, $0.0001 par value; 100,000,000 shares authorized 5 5
Additional Paid in Capital 435,543 423,717
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (17,335) (17,137)
Retained Earnings (213,790) (237,389)
Total Stockholders' Equity 203,992 168,765
Total Liabilities and Stockholders' Equity 1,077,311 1,060,383
Disposal Group, Including Discontinued Operation, Assets 0 8,095
Disposal Group, Including Discontinued Operation, Liabilities $ 0 $ 0