XML 18 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Cash Flows From Operating Activities      
Net income (loss) $ 213 $ (1,798) $ (19,744)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 88 100  
Amortization of bond premium and discount, net 139 175  
Net realized investment (gains) losses (161) 8  
Change in fair value of equity securities 297 0  
Restricted stock unit expenses 231 243  
Other (55) 104  
(Increase) decrease in:      
Premiums and agents' balances and other receivables 2,362 1,616  
Reinsurance recoverables (119) (2,688)  
Prepaid reinsurance premiums 31 314  
Deferred policy acquisition costs 731 334  
Other assets (2,075) (1,037)  
Increase (decrease) in:      
Unpaid losses and loss adjustment expenses (2,405) 7,484  
Unearned premiums (3,987) (1,790)  
Accounts payable and other liabilities 802 861  
Net cash provided by (used in) operating activities (3,908) 3,926  
Cash Flows From Investing Activities      
Purchase of investments (25,175) (51,207)  
Proceeds from maturities and redemptions of investments 5,079 8,889  
Proceeds from sales of investments 26,563 36,729  
Purchases of property and equipment (21) (9)  
Net cash provided by (used in) investing activities 6,446 (5,598)  
Cash Flows From Financing Activities      
Repayment of borrowings under debt arrangements 0 (625)  
Net cash provided by (used in) financing activities 0 (625)  
Net increase (decrease) in cash 2,538 (2,297)  
Cash at beginning of period 11,868 12,493 10,196
Cash at end of period 14,406 10,196 $ 11,868
Supplemental Disclosure of Cash Flow Information:      
Interest paid 619 128  
Net income taxes paid 0 0  
Receivable (Payable) for securities - non cash item $ 3,094 $ (444)