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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Investments available for sale, at fair value    
Fixed maturities (amortized cost: 2016 — $1,497,186; 2015 — $1,189,978) $ 1,482,754 $ 1,190,638
Short-term investments (amortized cost: 2016 — $132,352; 2015 — $85,994) 132,348 85,996
Total investments 1,615,102 1,276,634
Cash 27,531 24,606
Accrued investment income 9,488 7,768
Accounts receivable 21,632 16,637
Deferred policy acquisition costs 13,400 11,529
Property and equipment (at cost, less accumulated depreciation of $46,543 in 2016 and $42,479 in 2015) 8,119 9,021
Prepaid federal income tax 181,272 119,412
Other assets 6,454 3,492
Total assets 1,882,998 1,469,099
Liabilities    
Reserve for losses and LAE 28,142 17,760
Unearned premium reserve 219,616 201,045
Net deferred tax liability 142,587 87,964
Revolving credit facility borrowings 100,000 0
Securities purchases payable 14,999 14,996
Other accrued liabilities 33,881 28,093
Total liabilities 539,225 349,858
Commitments and contingencies (see Note 8)
Stockholders' Equity    
Common Shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 93,105 shares in 2016 and 92,650 in 2015 1,397 1,390
Additional paid-in capital 918,296 904,221
Accumulated other comprehensive loss (12,255) (99)
Retained earnings 436,335 213,729
Total stockholders' equity 1,343,773 1,119,241
Total liabilities and stockholders' equity $ 1,882,998 $ 1,469,099