XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Investments:    
Fixed maturity securities, available-for-sale at fair value $ 2,985,443 $ 1,340,626
Equity securities 217,153 47,500
Mortgage loans 87,308 52,109
Policy loans 20,324 17,944
Other invested assets 70,965 85,419
Total investments 3,381,193 1,543,598
Cash and cash equivalents 831,634 97,885
Accounts receivable, net 350,864 322,446
Recoverable from reinsurers 1,305,038 526,337
Deferred tax asset 1,028 1,661
Property, plant and equipment, net 369,771 374,660
Goodwill 127,051 131,741
Intangibles, net 151,051 117,105
Other assets 212,367 102,258
Total assets 6,729,997 3,217,691
Liabilities, temporary equity and stockholders’ equity    
Life, accident and health reserves 4,707,400 1,693,961
Annuity reserves 247,544 243,156
Value of business acquired 249,979 42,969
Accounts payable and other current liabilities 353,216 347,492
Deferred tax liability 33,876 10,740
Debt obligations 702,220 593,172
Other liabilities 108,076 70,174
Total liabilities 6,402,311 3,001,664
Commitments and contingencies
Temporary equity    
Preferred stock 26,340 26,296
Redeemable noncontrolling interest 8,839 1,609
Total temporary equity 35,179 27,905
Stockholders’ equity    
Common stock, $.001 par value;80,000,000 shares authorized; 45,188,169 and 44,570,004 shares issued and 44,743,273 and 44,190,826 shares outstanding at September 30, 2018 and December 31, 2017, respectively 45 44
Additional paid-in capital 263,887 254,685
Treasury stock, at cost: 444,896 and 379,178 shares at September 30, 2018 and December 31, 2017, respectively (2,434) (2,057)
Accumulated deficit (43,682) (221,189)
Accumulated other comprehensive income (loss) (33,253) 41,688
Total HC2 Holdings, Inc. stockholders’ equity 184,563 73,171
Noncontrolling interest 107,944 114,951
Total stockholders’ equity 292,507 188,122
Total liabilities, temporary equity and stockholders’ equity $ 6,729,997 $ 3,217,691