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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Investments available for sale, at fair value:    
Fixed maturities, available-for-sale (amortized cost of $869,598 and $874,445, respectively) $ 884,861 $ 862,345
Equity securities 116,610 80,978
Other investments (amortized cost of $8,067 and $8,288, respectively) 10,252 8,513
Total investments 1,011,723 951,836
Cash and cash equivalents 215,469 112,679
Restricted Cash 71,588 71,441
Cash, Cash Equivalents, and Restricted Cash 287,057 184,120
Accrued investment income 5,901 6,017
Property, Plant and Equipment, Net 32,728 17,137
Premiums receivable, net 86,568 95,816
Reinsurance recoverable on paid and unpaid losses 550,136 625,998
Ceded unearned premiums 270,034 217,885
Goodwill 73,045 73,045
Deferred policy acquisition costs 104,572 105,582
Intangible Assets, Net (Excluding Goodwill) 26,079 31,351
Other Assets 19,375 12,641
Total Assets 2,467,218 2,321,428
Liabilities:    
Unpaid losses and loss adjustment expenses 760,357 661,203
Unearned premiums 674,055 627,313
Reinsurance Payable 166,131 175,272
Payments outstanding 57,555 56,534
Accounts Payable and Accrued Expenses 78,592 71,048
Operating Lease, Liability 324 0
Other Liabilities 47,407 29,571
Notes payable 158,932 160,118
Total Liabilities 1,943,353 1,781,059
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; 43,056,310 and 43,029,845 issued, respectively; 43,028,074 and 42,984,578 outstanding, respectively 4 4
Additional Paid in Capital 391,852 389,141
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated other comprehensive income 11,319 (9,030)
Retained Earnings (Accumulated Deficit) 100,394 140,546
Total Stockholders' Equity 503,138 520,230
Stockholders' Equity Attributable to Noncontrolling Interest 20,727 20,139
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 523,865 540,369
Total Liabilities and Stockholders' Equity $ 2,467,218 $ 2,321,428