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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Gross premiums written $ 150,148 $ 67,098 $ 459,532 $ 227,200
Net premiums written 122,497 63,262 394,606 212,495
Net premiums earned 124,707 68,028 380,921 201,589
Net investment income 8,852 6,527 26,234 22,488
Net realized investment gains (losses):        
Other than temporary impairment losses on investments (4,641) (6) (6,879) (68)
Other net realized investment gains (losses) (6,137) 1,164 (337) 40,294
Total net realized investment gains (losses) (10,778) 1,158 (7,216) 40,226
Other income 1,279 126 2,408 449
Total revenues 124,060 75,839 402,347 264,752
Losses and Expenses:        
Net losses and loss adjustment expenses 77,691 36,654 226,870 113,496
Acquisition costs and other underwriting expenses 50,934 27,458 150,118 81,114
Corporate and other operating expenses 3,567 3,481 19,441 9,614
Interest expense 1,595 118 2,635 628
Income (loss) before income taxes (9,727) 8,128 3,283 59,900
Income tax expense (benefit) (5,981) (1,633) (10,882) 8,108
Net income (loss) $ (3,746) $ 9,761 $ 14,165 $ 51,792
Net income (loss)        
Basic $ (0.15) $ 0.39 $ 0.56 $ 2.06
Diluted $ (0.15) $ 0.39 $ 0.55 $ 2.05
Weighted-average number of shares outstanding        
Basic 25,463,994 25,137,531 25,452,991 25,126,684
Diluted 25,704,931 25,334,716 25,684,931 25,323,187