XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Investment securities:    
Fixed maturity securities, at fair value (amortized cost of $110,819 and $107,213, respectively) $ 112,469 $ 107,093
Equity securities, at fair value (cost of $3,321 and $3,341, respectively) 4,443 4,240
Short-term investments, at fair value 16,304 6,391
Total investments 133,216 117,724
Cash 14,166 12,703
Premiums and agents' balances receivable, net 21,950 18,010
Receivable from affiliate 2,236 1,792
Reinsurance recoverables on unpaid losses 5,890 5,405
Reinsurance recoverables on paid losses 2,209 1,639
Ceded unearned premiums 1,848 3,483
Deferred policy acquisition costs 13,182 12,102
Other assets 5,365 5,069
Total assets 200,062 177,927
Liabilities:    
Unpaid losses and loss adjustment expenses 41,832 35,422
Unearned premiums 54,230 47,916
Reinsurance premiums payable 445 1,069
Senior debt 14,750 12,750
Accounts payable and accrued expenses 12,056 2,758
Other liabilities 748 750
Total liabilities 124,061 100,665
Commitments and contingencies 0 0
Shareholders' equity:    
Common stock, no par value (100,000,000 shares authorized; 7,577,829 and 7,644,492 issued and outstanding, respectively) 80,069 80,111
Accumulated deficit (5,572) (3,031)
Accumulated other comprehensive income 1,504 182
Total shareholders' equity 76,001 77,262
Total liabilities and shareholders' equity $ 200,062 $ 177,927