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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows From Operating Activities    
Net income (loss) $ (21,763) $ (4,016)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization of property and equipment, and intangibles 296 298
Amortization of bond premium and discount, net 395 432
Net realized gains on investments (31) (604)
Incentive awards expenses - vesting of restricted stock units 650 621
Equity earnings of affiliate (89) (111)
(Increase) decrease in:    
Premiums and agents' balances receivable 3,467 (1,323)
Reinsurance recoverables (8,274) (2,909)
Ceded unearned premiums 3,038 (1,368)
Deferred policy acquisition costs 537 (1,101)
Other assets 4,025 (1,490)
Increase (decrease) in:    
Unpaid losses and loss adjustment expenses 28,105 10,572
Unearned premiums (2,457) 7,559
Accounts payable and other liabilities 9,607 (346)
Net cash provided by operating activities 17,506 6,214
Purchase of investments:    
Fixed maturity securities (26,448) (43,284)
Equity securities (4,847) (1,099)
Short-term investments (127,947) (85,806)
Proceeds from maturities and redemptions of investments:    
Fixed maturity securities 6,350 12,315
Other redemptions 11,778 0
Proceeds from sales of investments:    
Fixed maturity securities 966 27,426
Equity securities 453 1,200
Short-term investments 124,926 78,144
Purchases of property and equipment (6) (148)
Net cash used in investing activities (14,775) (11,252)
Cash Flows From Financing Activities    
Proceeds received from issuance of shares of common stock 4,375 0
Repurchase of common stock 0 (625)
Borrowings under debt arrangements 32,000 3,000
Repayment of borrowings under debt arrangements (19,750) (1,500)
Payment of equity issuance costs (13) 0
Payment of debt issuance costs (990) 0
Net cash provided by financing activities 15,622 875
Net increase (decrease) in cash 18,353 (4,163)
Cash at beginning of period 12,493 12,703
Cash at end of period 30,846 8,540
Supplemental Disclosure of Cash Flow Information:    
Interest paid 860 343
Net income taxes paid 0 47
Payable for securities - non cash item $ 1,500 $ 1,464