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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Cash Flows from Operating Activities          
Net income (loss) $ 630 $ (1,525) $ 1,142 $ (4,719)  
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
Depreciation and amortization of property and equipment, and intangibles     208 191  
Amortization of bond premium and discount, net     279 258  
Gains on investments     $ (232) (172)  
Deferred income taxes     (309)  
Changes in operating assets and liabilities:          
Premiums and agents’ balances receivable     $ (956) (478)  
Reinsurance recoverables     (1,132) (2,148)  
Ceded unearned premiums     (1,103) 144  
Deferred policy acquisition costs     (1,980) (1,257)  
Other assets     (189) (317)  
Unpaid losses and loss adjustment expenses     825 2,925  
Unearned premiums     1,103 6,084  
Reinsurance premiums payable     (4,370) (989)  
Accounts payable and accrued expenses     1,862 777  
Other liabilities     (312) (1,484)  
Net cash used in operating activities     (4,855) (1,494)  
Cash Flows From Investing Activities          
Fixed maturity securities     (19,059) (16,049)  
Equity securities     (759) (612)  
Short-term investments     (44,191) (24,036)  
Proceeds from maturities and redemptions of investments:          
Fixed maturity securities     1,203 152  
Proceeds from sales of investments:          
Fixed maturity securities     3,206 2,035  
Equity securities     717 556  
Short-term investments     54,703 27,671  
Purchases of property and equipment     (91) (288)  
Net cash used in investing activities     (4,271) (10,571)  
Cash Flows From Financing Activities          
Proceeds received from issuance of shares of common stock     $ 750 8,295  
Proceeds from issuance of shares of preferred stock     $ 640  
Borrowings under Revolver     $ 900  
Repayment of borrowings under Revolver     (250)  
Principal payments under term notes     (750) $ (500)  
Dividends paid to preferred shareholders     (152) (11)  
Payout of contingent consideration     (113) $ (113)  
Payment of debt issuance costs     (35)  
Payment of deferred offering costs     (1,114)  
Net cash provided by (used in) financing activities     (764) $ 8,311  
Net decrease in cash     (9,890) (3,754)  
Cash at beginning of period     18,488 11,296 $ 11,296
Cash at end of period $ 8,598 $ 7,542 $ 8,598 $ 7,542 $ 18,488