CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Investments:
Debt securities, available-for-sale, at fair value (amortized cost of $409,563 and $473,126, respectively)	$ 418,301	$ 488,210
Equity securities, at fair value	6,008	3,157
Total investments	424,309	491,367
Cash and cash equivalents	110,608	102,367
Prepaid reinsurance premiums	191,033	278,272
Premiums receivable, net of allowance of $185 and $233, respectively	47,460	50,803
Reinsurance recoverable, net of allowance of $322 and $65, respectively	489,539	413,026
Deferred acquisition costs, net	24,825	25,405
Current and deferred income taxes, net	29,786	35,035
Other assets	38,410	32,262
Total assets	1,355,970	1,428,537
Liabilities
Loss and loss adjustment expense reserves	583,414	540,367
Unearned premiums	379,800	366,789
Reinsurance payable and funds withheld liabilities	118,713	202,827
Long-term debt, net of deferred financing costs of $2,312 and $1,317, respectively	118,688	98,683
Deferred revenue	6,852	7,187
Other liabilities	50,089	54,524
Total liabilities	1,257,556	1,270,377
Commitments and contingencies (see Note 10)
Shareholders' Equity
Preferred stock, $0.01 par value: 1,000,000 shares authorized	0	0
Common stock, $0.01 par value: 50,000,000 shares authorized; 17,442,845 and 13,717,908 issued and outstanding, respectively	174	137
Additional paid-in capital	185,578	169,298
Accumulated other comprehensive income (loss)	5,073	11,386
Retained earnings (deficit)	(92,411)	(22,661)
Total shareholders’ equity	98,414	158,160
Total liabilities and shareholders' equity	$ 1,355,970	$ 1,428,537