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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUE:        
Gross premiums written $ 295,935 $ 267,219 $ 960,214 $ 788,408
Change in gross unearned premiums 8,021 782 (87,667) (76,758)
Gross premiums earned 303,956 268,001 872,547 711,650
Ceded premiums earned (132,626) (115,507) (365,011) (292,355)
Net premiums earned 171,330 152,494 507,536 419,295
Investment income 6,888 4,901 19,665 12,489
Net realized gains (losses) (447) (71) (674) (554)
Unrealized Gain (Loss) on Securities 6,109 0 5,046  
Other revenue 3,772 13,804 11,280 40,604
Total revenue 187,652 171,128 542,853 471,834
EXPENSES:        
Losses and loss adjustment expenses 120,552 143,127 286,393 293,398
Policy acquisition costs 54,200 46,546 153,716 125,302
Operating expenses 10,976 6,891 28,976 19,020
General and administrative expenses 15,358 19,316 51,326 58,825
Interest expense 2,455 771 7,371 2,282
Total expenses 203,541 216,651 527,782 498,827
Income (loss) before other income (15,889) (45,523) 15,071 (26,993)
Other income 19 36 106 94
Income (loss) before income taxes (15,870) (45,487) 15,177 (26,899)
Provision for income taxes (4,163) (17,475) 3,815 (10,043)
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest (11,707) (28,012) 11,362 (16,856)
Net income (loss) (11,708) (28,012) 11,361 (16,856)
Net Income (Loss) Attributable to Noncontrolling Interest 1 0 1 0
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 1 0 1 0
OTHER COMPREHENSIVE INCOME:        
Change in net unrealized gains (losses) on investments (3,354) 2,672 (30,706) 10,509
Reclassification adjustment for net realized investment (gains) losses 447 71 674 554
Income tax benefit (expense) related to items of other comprehensive income 699 (1,050) 7,110 (4,207)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest (13,915) (26,319) (11,560) (10,000)
Total comprehensive income $ (13,916) $ (26,319) $ (11,561) $ (10,000)
Weighted-average shares outstanding        
Weighted-average shares outstanding 42,677,893 42,524,400 42,636,515 35,341,994
Weighted-average diluted shares 42,677,893 42,741,004 42,791,208 35,563,032
Earnings Per Share        
Basic earnings per share $ (0.27) $ (0.66) $ 0.27 $ (0.48)
Diluted earnings per share (0.27) (0.66) 0.27 (0.47)
Dividends declared per share (in usd per share) $ 0.06 $ 0.06 $ 0.18 $ 0.18