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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Investments available for sale, at fair value:    
Fixed maturities, available-for-sale (amortized cost of $874,445 and $763,434, respectively) $ 862,345 $ 762,855
Equity securities 80,978 63,295
Other investments (amortized cost of $8,288 and $8,057, respectively) 8,513 8,381
Loans and Leases Receivable, Net Amount 0 20,000
Total investments 951,836 854,531
Cash and cash equivalents 112,679 229,556
Restricted Cash 71,441 46,719
Cash, Cash Equivalents, and Restricted Cash 184,120 276,275
Accrued investment income 6,017 5,577
Property, Plant and Equipment, Net 17,137 17,291
Premiums receivable, net 95,816 75,275
Reinsurance recoverable on paid and unpaid losses 625,998 395,774
Ceded unearned premiums 217,885 201,904
Goodwill 73,045 73,045
Deferred policy acquisition costs 105,582 103,882
Intangible Assets, Net (Excluding Goodwill) 31,351 45,271
Other Assets 12,641 11,096
Total Assets 2,321,428 2,059,921
Liabilities:    
Unpaid losses and loss adjustment expenses 661,203 482,232
Unearned premiums 627,313 555,873
Reinsurance Payable 175,272 149,117
Payments outstanding 56,534 41,786
Accounts Payable and Accrued Expenses 71,048 46,594
Other Liabilities 29,571 85,830
Notes payable 160,118 161,364
Total Liabilities 1,781,059 1,522,796
Commitments and contingencies (Note 12)
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; 43,029,845 and 42,965,137 issued; 42,984,578 and 42,753,054 outstanding, respectively 4 4
Additional Paid in Capital 389,141 387,145
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated other comprehensive income (9,030) 9,221
Retained Earnings (Accumulated Deficit) 140,546 141,186
Total Stockholders' Equity 520,230 537,125
Stockholders' Equity Attributable to Noncontrolling Interest 20,139 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 540,369 537,125
Total Liabilities and Stockholders' Equity $ 2,321,428 $ 2,059,921