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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Investment securities:    
Debt securities, at fair value (amortized cost of $137,025 and $137,004, respectively) $ 134,711 $ 136,536
Equity securities, at fair value (cost of $8,664 and $8,629, respectively) 9,425 9,687
Short-term investments, at fair value 2,505 11,427
Total investments 146,641 157,650
Cash 14,406 11,868
Premiums and agents' balances receivable, net 19,895 22,845
Receivable from Affiliate 1,783 1,195
Reinsurance recoverables on unpaid losses 20,063 20,066
Reinsurance recoverables on paid losses 4,595 4,473
Prepaid reinsurance premiums 1,050 1,081
Deferred policy acquisition costs 12,050 12,781
Other assets 9,171 7,073
Total assets 229,654 239,032
Liabilities:    
Unpaid losses and loss adjustment expenses 85,491 87,896
Unearned premiums 53,685 57,672
Reinsurance premiums payable 3,398 3,299
Debt 29,043 29,027
Accounts payable and other liabilities 6,613 8,312
Total liabilities 178,230 186,206
Commitments and contingencies
Shareholders' equity:    
Common stock, no par value (100,000,000 shares authorized; 8,520,328 issued and outstanding, respectively) 86,430 86,199
Accumulated deficit (32,318) (33,010)
Accumulated other comprehensive loss (2,688) (363)
Total shareholders' equity 51,424 52,826
Total liabilities and shareholders' equity $ 229,654 $ 239,032