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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ 19,531 $ (3,189)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization and depreciation 4,801 6,436
Amortization of debt issuance costs 0 41
Gross proceeds from sale of renewal rights related to Farm, Ranch & Stable business lines 0 (30,000)
Impairment loss on right of use lease assets 0 488
Impairment loss on software 0 508
Impairment loss on goodwill and intangible assets 0 5,657
Restricted stock and stock option expense 3,111 3,737
Deferred federal income taxes 4,711 3,418
Amortization of bond premium and discount, net (3,874) 1,335
Net realized investment losses 2,414 33,067
Loss on extinguishment of debt 0 3,529
Loss from equity method investments, net of distributions 112 6,362
Changes in:    
Premium receivables, net 37,636 (32,270)
Reinsurance receivables, net 140 (8,677)
Funds held by ceding insurers (1,076) 5,868
Unpaid losses and loss adjustment expenses 29,399 65,690
Unearned premiums (73,673) 13,970
Ceded balances payable (13,709) (18,733)
Other assets and liabilities 2,061 (3,398)
Contingent commissions (4,015) 454
Deferred acquisition costs 18,952 (9,833)
Prepaid reinsurance premiums 10,231 (2,711)
Net cash provided by operating activities 36,752 41,749
Cash flows from investing activities:    
Proceeds from sale of fixed maturities 114,058 866,458
Proceeds from sale of equity securities 24 88,726
Proceeds from maturity of fixed maturities 158,216 54,228
Proceeds from maturity of preferred stock 500 0
Proceeds from other invested assets 1,196 108,066
Amounts received in connection with derivatives 0 4,390
Purchases of fixed maturities (282,564) (1,104,326)
Purchases of equity securities (74) (10,573)
Gross proceeds from sale of renewal rights related to Farm, Ranch & Stable business 0 30,000
Net cash provided by (used for) investing activities (8,644) 36,969
Cash flows from financing activities:    
Distributions paid to common shareholders (7,477) (7,361)
Distributions paid to preferred shareholders (330) (330)
Purchases of class A common shares (12,677) (414)
Redemption of subordinated notes 0 (130,000)
Net cash used for financing activities (20,484) (138,105)
Net change in cash and cash equivalents 7,624 (59,387)
Cash and cash equivalents at beginning of period 38,846 78,278
Cash and cash equivalents at end of period $ 46,470 $ 18,891