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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $150 in 2017 and $150 in 2016) $ 150 $ 150
Available-for-sale, at fair value (amortized cost $1,516,610 in 2017 and $1,458,235 in 2016) 1,535,070 1,453,286
Trading securities, at fair value (amortized cost $14,582 in 2017 and $13,054 in 2016) 16,842 14,390
Equity securities    
Available-for-sale, at fair value (cost $57,387 in 2017 and $59,994 in 2016) 280,913 246,370
Trading securities, at fair value (cost $5,888 in 2017 and $5,434 in 2016) 6,431 5,644
Other long-term investments 49,352 51,769
Short-term investments 175 175
Total Investments 1,888,933 1,771,784
Cash and cash equivalents 95,562 89,194
Accrued investment income 13,841 13,617
Premiums receivable (net of allowance for doubtful accounts of $1,255 in 2017 and $1,255 in 2016) 328,513 306,202
Deferred policy acquisition costs 88,102 93,362
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $51,603 in 2017 and $50,925 in 2016) 68,992 55,524
Reinsurance receivables and recoverables 63,194 62,707
Prepaid reinsurance premiums 3,749 3,782
Income taxes receivable 6,031 14,285
Goodwill and net intangible assets 23,971 24,740
Other assets 16,409 13,943
Assets held for sale 1,586,134 1,605,618
Total assets 4,183,431 4,054,758
Liabilities    
Losses and loss settlement expenses 1,224,183 1,123,896
Unearned premiums 465,391 443,802
Accrued expenses and other liabilities 167,396 147,104
Deferred income taxes 5,953 7,849
Liabilities held for sale 1,347,135 1,390,223
Total liabilities 3,210,058 3,112,874
Stockholders' equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 24,916,806 and 25,429,769 shares issued and outstanding in 2017 and 2016, respectively 25 25
Additional paid-in capital 196,334 216,482
Retained earnings 608,700 616,322
Accumulated other comprehensive income, net of tax 168,314 109,055
Total stockholders' equity 973,373 941,884
Total liabilities and stockholders' equity $ 4,183,431 $ 4,054,758