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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Investments, at fair value:    
Fixed maturities $ 282,960 $ 281,001
Equity Securities, FV-NI 29,210 36,794
Other investments 23,617 23,623
Total investments 335,787 341,418
Cash and Cash Equivalents 167,155 137,036
Restricted Cash 65,885 62,357
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 233,040 199,393
Accrued Investment Income 2,990 2,964
Property and equipment, net 4,803 5,736
Premiums receivable, net 61,749 46,564
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments 202,391 263,419
Ceded uneared premiums 121,138 160,893
Goodwill 59,476 59,476
Deferred policy acquisition costs 46,342 40,282
Intangible Assets, Net (Excluding Goodwill) 5,299 5,908
Other assets, net 12,147 16,816
Total Assets 1,159,646 1,216,112
Liabilities    
Unpaid losses and loss adjustment expenses 256,289 322,087
Unearned Premiums 321,105 285,354
Reinsurance Payable 53,761 83,130
Accounts Payable 65,883 86,140
Operating Lease, Liability 3,302 3,323
Other Liabilities 986 1,456
Notes Payable 149,104 149,020
Total Liabilities 898,766 980,452
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 437,566 436,524
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (12,836) (15,666)
Retained Earnings (163,424) (184,772)
Total Stockholders' Equity 260,880 235,660
Total Liabilities and Stockholders' Equity 1,159,646 1,216,112
Disposal Group, Including Discontinued Operation, Assets 74,484 73,243
Disposal Group, Including Discontinued Operation, Liabilities $ 48,336 $ 49,942