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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Investments, at fair value:    
Fixed maturities (amortized cost of $862,565 and $869,598) $ 873,786 $ 884,861
Available-for-sale Securities, Equity Securities 111,915 116,610
Total investments 995,266 1,011,723
Other investments (amortized cost of $9,336 and $8,067) 9,565 10,252
Cash and Cash Equivalents 218,355 215,469
Restricted Cash 64,058 71,588
Restricted Cash and Cash Equivalents 282,413 287,057
Accrued Investment Income 5,478 5,901
Property and equipment, net 34,955 32,728
Premiums receivable, net (credit allowance of $126 and $165) 90,547 86,568
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $241 and $265) 514,485 550,136
Ceded uneared premiums 179,513 270,034
Goodwill 73,045 73,045
Deferred policy acquisition costs 104,882 104,572
Intangible Assets, Net (Excluding Goodwill) 24,941 26,079
Other assets, net (credit allowance of $112 and $141) 26,234 19,375
Total Assets 2,331,759 2,467,218
Liabilities    
Unpaid losses and loss adjustment expenses 711,042 760,357
Unearned Premiums 664,619 674,055
Reinsurance Payable 112,390 166,131
Payments outstanding 45,029 57,555
Accounts Payable 70,506 78,592
Operating Lease, Liability 2,421 324
Other Liabilities 60,959 47,407
Notes Payable 158,636 158,932
Total Liabilities 1,825,602 1,943,353
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; 43,053,003 and 43,056,310 issued; 42,943,447 and 43,028,074 outstanding, respectively 4 4
Additional Paid in Capital 392,552 391,852
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax 8,493 11,319
Retained Earnings 84,838 100,394
Total Stockholders' Equity 485,456 503,138
Stockholders' Equity Attributable to Noncontrolling Interest 20,701 20,727
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 506,157 523,865
Total Liabilities and Stockholders' Equity $ 2,331,759 $ 2,467,218