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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities    
Net income (loss) $ (4,016) $ 2,287
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization of property and equipment, and intangibles 298 307
Amortization of bond premium and discount, net 432 446
Net gains on investments (604) (238)
Other gains 0 (104)
Incentive awards expenses - vesting of RSU 621 100
Equity earnings (losses) of affiliate (111) 0
(Increase) decrease in:    
Premiums and agents' balances receivable (1,323) (2,885)
Reinsurance recoverables (2,909) (2,132)
Ceded unearned premiums (1,368) 1,217
Deferred policy acquisition costs (1,101) (5,903)
Other assets (1,490) (679)
Increase (decrease) in:    
Unpaid losses and loss adjustment expenses 10,572 1,064
Unearned premiums 7,559 2,302
Reinsurance premiums payable (1,069) (6,071)
Accounts payable and accrued expenses 872 1,019
Other liabilities (149) (556)
Net cash provided by (used in) operating activities 6,214 (9,826)
Purchase of investments:    
Fixed maturity securities (43,284) (20,762)
Equity securities (1,099) (1,193)
Short-term investments (85,806) (55,569)
Proceeds from maturities of investments:    
Fixed maturity securities 12,315 1,400
Proceeds from sales of investments:    
Fixed maturity securities 27,426 5,771
Equity securities 1,200 1,004
Short-term investments 78,144 65,781
Purchases of property and equipment (148) (126)
Deconsolidation of affilate 0 (1,323)
Net cash used in investing activities (11,252) (5,017)
Cash Flows From Financing Activities    
Proceeds received from issuance of shares of common stock 0 36,066
Repurchase of common stock (625) 0
Repurchase of preferred stock 0 (6,275)
Borrowings under debt arrangements 3,000 1,650
Repayment of borrowings under debt arrangements (1,500) (19,462)
Dividends paid to preferred shareholders 0 (384)
Payout of contingent consideration 0 (113)
Payment of offering costs 0 (1,546)
Net cash provided by financing activities 875 9,936
Net decrease in cash (4,163) (4,907)
Cash at beginning of period 12,703 18,488
Cash at end of period 8,540 13,581
Supplemental Disclosure of Cash Flow Information:    
Interest paid 343 651
Net income taxes paid 47 0
Paid-in-kind dividends 0 61
Payable for securities - non cash item $ 1,464 $ 0