XML 16 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Investments, at fair value:    
Fixed maturities (amortized cost of $864,321 and $763,434) $ 848,882,000 $ 762,855,000
Equity securities fair value 83,345,000 63,295,000
Loans and Leases Receivable, Net Amount 0 20,000,000
Total investments 940,469,000 854,531,000
Other investments (amortized cost of $7,884 and $8,057) 8,242,000 8,381,000
Cash and Cash Equivalents 208,675,000 229,556,000
Restricted Cash 33,526,000 46,719,000
Restricted Cash and Cash Equivalents 242,201,000 276,275,000
Accrued Investment Income 6,181,000 5,577,000
Property and equipment, net 17,742,000 17,291,000
Premiums receivable, net 116,894,000 75,275,000
Reinsurance recoverable on paid and unpaid losses 369,651,000 395,774,000
Prepaid reinsurance premiums 395,819,000 201,904,000
Goodwill 73,045,000 73,045,000
Deferred policy acquisition costs 109,601,000 103,882,000
Intangible Assets, Net (Excluding Goodwill) 34,081,000 45,271,000
Other assets 11,978,000 11,096,000
Total Assets 2,317,662,000 2,059,921,000
Liabilities    
Unpaid losses and loss adjustment expenses 432,431,000 482,232,000
Unearned Premiums 651,561,000 555,873,000
Reinsurance Payable 374,499,000 149,117,000
Payments outstanding 43,443,000 41,786,000
Accounts Payable 56,069,000 46,594,000
Other Liabilities 54,207,000 85,830,000
Notes Payable 160,718,000 161,364,000
Total Liabilities 1,772,928,000 1,522,796,000
Commitments and Contingencies
Stockholders' Equity    
Preferred Stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding 0 0
Common Stock, $0.0001 par value; 50,000,000 shares authorized; 42,953,087 and 42,965,137 issued; 42,741,004 and 42,753,054 outstanding, respectively 4,000 4,000
Additional Paid in Capital 388,193,000 387,145,000
Treasury shares, at cost; 212,083 shares (431,000) (431,000)
Accumulated Other Comprehensive Income (Loss), Net of Tax (11,493,000) 9,221,000
Retained Earnings 168,461,000 141,186,000
Total Stockholders' Equity 544,734,000 537,125,000
Total Liabilities and Stockholders' Equity $ 2,317,662,000 $ 2,059,921,000