CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Investments
Investment in related party investment fund	$ 189,898	$ 240,056
Other investments	17,724	16,384
Total investments	207,622	256,440
Cash and cash equivalents	8,094	25,813
Restricted cash and cash equivalents	735,954	742,093
Reinsurance balances receivable (net of allowance for expected credit losses of $89)	243,754	230,384
Loss and loss adjustment expenses recoverable (net of allowance for expected credit losses of $47)	23,095	27,531
Deferred acquisition costs	48,034	49,665
Unearned premiums ceded	558	901
Notes receivable (net of allowance for expected credit losses of $1,000)	19,200	20,202
Other assets	1,738	2,164
Total assets	1,288,049	1,355,193
Liabilities
Loss and loss adjustment expense reserves	455,669	470,588
Unearned premium reserves	177,469	179,460
Reinsurance balances payable	114,208	122,665
Funds withheld	5,664	4,958
Other liabilities	5,064	6,825
Convertible senior notes payable	93,076	93,514
Total liabilities	851,150	878,010
Shareholders' equity
Preferred share capital (par value $0.10; authorized, 50,000,000; none issued)	0	0
Ordinary share capital (Class A: par value $0.10; authorized, 100,000,000; issued and outstanding, 31,179,529 (2019: 30,739,395): Class B: par value $0.10; authorized, 25,000,000; issued and outstanding, 6,254,715 (2019: 6,254,715))	3,743	3,699
Additional paid-in capital	504,375	503,547
Retained earnings (deficit)	(71,219)	(30,063)
Total shareholders' equity	436,899	477,183
Total liabilities, redeemable non-controlling interest and equity	$ 1,288,049	$ 1,355,193