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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Ordinary share capital
Additional paid-in capital
Retained earnings (deficit)
Shareholders’ equity attributable to Greenlight Capital Re, Ltd.
Non-controlling interest in joint venture
Balance at Dec. 31, 2018 $ 477,772 $ 3,638 $ 499,726 $ (26,077) $ 477,287 $ 485
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issue of Class A ordinary shares, net of forfeitures 34 34     34  
Share-based compensation expense 1,088   1,088   1,088  
Change in non-controlling interest in related party joint venture (485)         (485)
Net income (loss) 5,906     5,906 5,906  
Balance at Mar. 31, 2019 484,315 3,672 500,814 (20,171) 484,315 0
Balance at Dec. 31, 2019 477,183 3,699 503,547 (30,063) 477,183 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issue of Class A ordinary shares, net of forfeitures 44 44     44  
Share-based compensation expense 828   828   828  
Net income (loss) (40,270)     (40,270) (40,270)  
Balance at Mar. 31, 2020 $ 436,899 $ 3,743 $ 504,375 $ (71,219) $ 436,899 $ 0