CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
ASSETS
Fixed maturities, available-for-sale, at fair value (amortized cost 2020 - $1,258,915; 2019 - $1,813,426)	$ 1,287,967	$ 1,835,518
Other investments	75,364	31,748
Total investments	1,363,331	1,867,266
Cash and cash equivalents	91,721	48,197
Restricted cash and cash equivalents	98,174	59,081
Accrued investment income	12,510	18,331
Reinsurance balances receivable, net	6,144	12,181
Reinsurance recoverable on unpaid losses	597,677	623,422
Loan to related party	167,975	167,975
Deferred commission and other acquisition expenses (includes $49,216 and $68,433 from related parties in 2020 and 2019, respectively)	55,962	77,356
Funds withheld receivable (includes $601,902 and $632,305 from related parties in 2020 and 2019, respectively)	652,855	684,441
Other assets	8,355	9,946
Total assets	3,054,704	3,568,196
LIABILITIES
Reserve for loss and loss adjustment expenses (includes $1,810,043 and $2,272,418 from related parties in 2020 and 2019, respectively)	1,975,073	2,439,907
Unearned premiums (includes $138,252 and $189,797 from related parties in 2020 and 2019, respectively)	161,453	220,269
Deferred gain on retroactive reinsurance	79,995	112,950
Accrued expenses and other liabilities (includes $34,414 and $20,049 from related parties in 2020 and 2019, respectively)	45,026	32,444
Senior notes - principal amount	262,500	262,500
Less: unamortized debt issuance costs	7,429	7,592
Senior notes, net	255,071	254,908
Total liabilities	2,516,618	3,060,478
Commitments and Contingencies
EQUITY
Preference shares	465,000	465,000
Common shares ($0.01 par value; 89,777,896 and 88,161,638 shares issued in 2020 and 2019, respectively; 84,763,882 and 83,148,458 shares outstanding in 2020 and 2019, respectively)	898	882
Additional paid-in capital	753,324	751,327
Accumulated other comprehensive income	13,957	17,836
Accumulated deficit	(663,559)	(695,794)
Treasury shares, at cost (5,014,014 and 5,013,180 shares in 2020 and 2019, respectively)	(31,534)	(31,533)
Total shareholders’ equity	538,086	507,718
Total liabilities and equity	$ 3,054,704	$ 3,568,196