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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Investments, at fair value:    
Fixed maturities (amortized cost of $854,640 and $763,434) $ 836,390 $ 762,855
Equity securities fair value 93,092 63,295
Loans and Leases Receivable, Net Amount 0 20,000
Total investments 937,812 854,531
Other investments (amortized cost of $8,069 and $8,057) 8,330 8,381
Cash and Cash Equivalents 240,950 229,556
Restricted Cash 65,131 46,719
Restricted Cash and Cash Equivalents 306,081 276,275
Accrued Investment Income 5,771 5,577
Property and equipment, net 16,583 17,291
Premiums receivable, net 78,417 75,275
Reinsurance recoverable on paid and unpaid losses 433,554 395,774
Prepaid reinsurance premiums 319,916 201,904
Goodwill 73,045 73,045
Deferred policy acquisition costs 105,764 103,882
Intangible Assets, Net (Excluding Goodwill) 32,716 45,271
Other assets 12,570 11,096
Total Assets 2,322,229 2,059,921
Liabilities    
Unpaid losses and loss adjustment expenses 528,842 482,232
Unearned Premiums 643,540 555,873
Reinsurance Payable 297,173 149,117
Payments outstanding 50,789 41,786
Accounts Payable 52,100 46,594
Other Liabilities 40,199 85,830
Notes Payable 160,708 161,364
Total Liabilities 1,773,351 1,522,796
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; 43,034,270 and 42,965,137 issued; 42,910,579 and 42,753,054 outstanding, respectively 4 4
Additional Paid in Capital 388,820 387,145
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (13,702) 9,221
Retained Earnings 154,186 141,186
Total Stockholders' Equity 528,877 537,125
Stockholders' Equity Attributable to Noncontrolling Interest 20,001 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 548,878 537,125
Total Liabilities and Stockholders' Equity $ 2,322,229 $ 2,059,921