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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Investments, at fair value:    
Fixed maturities (amortized cost of $984,028 and $869,598) $ 1,026,438 $ 884,861
Available-for-sale Securities, Equity Securities 36,470 116,610
Total investments 1,101,279 1,011,723
Other investments (amortized cost of $37,611 and $8,067) 38,371 10,252
Cash and Cash Equivalents 323,314 215,469
Restricted Cash 53,234 71,588
Restricted Cash and Cash Equivalents 376,548 287,057
Accrued Investment Income 5,691 5,901
Property and equipment, net 34,880 32,728
Premiums receivable, net (credit allowance of $132 and $165) 98,948 86,568
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $368 and $265) 780,298 550,136
Ceded uneared premiums 402,804 270,034
Goodwill 73,045 73,045
Deferred policy acquisition costs 119,089 104,572
Intangible Assets, Net (Excluding Goodwill) 22,855 26,079
Other assets, net (credit allowance of $51 and $141) 49,350 19,375
Total Assets 3,064,787 2,467,218
Liabilities    
Unpaid losses and loss adjustment expenses 1,082,126 760,357
Unearned Premiums 771,959 674,055
Reinsurance Payable 347,711 166,131
Payments outstanding 68,505 57,555
Accounts Payable 89,657 78,592
Operating Lease, Liability 2,242 324
Other Liabilities 69,146 47,407
Notes Payable 158,043 158,932
Total Liabilities 2,589,389 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; 43,255,798 and 43,056,310 issued; 43,080,410 and 43,028,074 outstanding, respectively 4 4
Additional Paid in Capital 392,754 391,852
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax 31,732 11,319
Retained Earnings 29,881 100,394
Total Stockholders' Equity 453,940 503,138
Stockholders' Equity Attributable to Noncontrolling Interest 21,458 20,727
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 475,398 523,865
Total Liabilities and Stockholders' Equity $ 3,064,787 $ 2,467,218