CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Fixed maturities, available-for-sale, at fair value (amortized cost 2020 - $1,530,689; 2019 - $1,813,426)	$ 1,508,544	$ 1,835,518
Other investments	34,088	31,748
Total investments	1,542,632	1,867,266
Cash and cash equivalents	60,059	48,197
Restricted cash and cash equivalents	117,903	59,081
Accrued investment income	19,897	18,331
Reinsurance balances receivable, net	14,560	12,181
Reinsurance recoverable on unpaid losses	620,882	623,422
Loan to related party	167,975	167,975
Deferred commission and other acquisition expenses (includes $61,439 and $68,433 from related parties in 2020 and 2019, respectively)	69,109	77,356
Funds withheld receivable (includes $649,516 and $632,305 from related parties in 2020 and 2019, respectively)	696,076	684,441
Other assets	12,664	9,946
Total assets	3,321,757	3,568,196
LIABILITIES
Reserve for loss and loss adjustment expenses (includes $2,095,411 and $2,272,418 from related parties in 2020 and 2019, respectively)	2,249,045	2,439,907
Unearned premiums (includes $171,113 and $189,797 from related parties in 2020 and 2019, respectively)	197,094	220,269
Deferred gain on retroactive reinsurance	112,950	112,950
Accrued expenses and other liabilities (includes $11,170 and $20,049 from related parties in 2020 and 2019, respectively)	22,708	32,444
Senior notes - principal amount	262,500	262,500
Less: unamortized debt issuance costs	7,538	7,592
Senior notes, net	254,962	254,908
Total liabilities	2,836,759	3,060,478
Commitments and Contingencies
EQUITY
Preference shares	465,000	465,000
Common shares ($0.01 par value; 88,983,171 and 88,161,638 shares issued in 2020 and 2019, respectively; 83,969,991 and 83,148,458 shares outstanding in 2020 and 2019, respectively)	890	882
Additional paid-in capital	751,862	751,327
Accumulated other comprehensive (loss) income	(26,288)	17,836
Accumulated deficit	(674,933)	(695,794)
Treasury shares, at cost (5,013,180 shares in 2020 and 2019, respectively)	(31,533)	(31,533)
Total shareholders’ equity	484,998	507,718
Total liabilities and equity	$ 3,321,757	$ 3,568,196