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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities:    
Net Income (Loss) $ 88,120,060 $ (24,727,697)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:    
Amortization of right of use assets 1,115,663 1,002,379
Depreciation, amortization, and accretion 2,344,067 1,818,093
Deferred income taxes 20,517,226 0
Loss on disposition of assets 35,567 18,919
Bad debt expense 60,183 84,697
Equity in earnings of unconsolidated affiliates (140,297) (465,665)
Change in warrant liability (2,175,824) (0)
Unrealized (gain) loss on securities (104,467,952) 24,745,513
Gain on disposition of investments (2,840,170) (26,268)
Changes in operating assets and liabilities:    
Accounts receivable 392,013 (726,680)
Interest receivable 277,530 163,775
Prepaid expenses (49,284) 246,685
Distributions from unconsolidated affiliates 1,598,623 98,100
Deferred policy acquisition costs 25,573 77,606
Other assets (3,007) 99,729
Accounts payable and accrued expenses 232,627 (1,301,124)
Lease liabilities (1,067,943) (1,037,464)
Unearned premiums (170,499) (532,148)
Deferred revenue 225,828 350,666
Net Cash Provided by (Used in) Operating Activities 4,029,984 (110,884)
Cash Flows from Investing Activities:    
Payments on short-term payables for business acquisitions (407,500) (500)
Business acquisitions, net of cash acquired (6,102,508) (14,310,533)
Proceeds from redemption of preferred units 0 6,000,000
Principal payments received on note receivable from affiliate 20,000,000 0
Investment in unconsolidated affiliate 0 (1,500,000)
Purchase of non-controlling interest in subsidiary 0 (1,406,409)
Purchases of equipment and related assets (2,624,259) (599,059)
Proceeds from sales of investments 543,408,036 265,921,609
Purchase of investments (518,225,946) (218,274,275)
Net Cash Provided by Investing Activities 36,047,823 35,830,833
Cash Flows from Financing Activities:    
Principal payments of long-term debt (294,375) 0
Return of funds held as collateral (102,461) 0
Offering costs (108,863) (2,252)
Net Cash Used in Financing Activities (505,699) (2,252)
Net Increase in Cash, Cash Equivalents, and Restricted Cash 39,572,108 35,717,697
Cash, Cash Equivalents, and Restricted Cash, Beginning of Period 54,952,316 16,372,032
Cash, Cash Equivalents, and Restricted Cash, End of Period 94,524,424 52,089,729
Interest Paid in Cash 232,212 194,415
Income Taxes Paid in Cash 0 0
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Increase in redeemable noncontrolling interest of broadband subsidiary 549,989 1,397,790
(Decrease) in redeemable noncontrolling interest of insurance subsidiary $ 0 $ (323,649)