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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Investment securities:    
Debt securities, at fair value (amortized cost of $129,322 and $137,004, respectively) $ 126,677 $ 136,536
Equity securities, at fair value (cost of $8,782 and $8,629, respectively) 9,530 9,687
Short-term investments, at fair value 4,364 11,427
Total investments 140,571 157,650
Cash 17,016 11,868
Premiums and agents' balances receivable, net 22,129 22,845
Receivable from affiliate 2,161 1,195
Reinsurance recoverables on unpaid losses 20,467 20,066
Reinsurance recoverables on paid losses 2,874 4,473
Prepaid reinsurance premiums 1,098 1,081
Deferred policy acquisition costs 12,021 12,781
Other assets 8,997 7,073
Total assets 227,334 239,032
Liabilities:    
Unpaid losses and loss adjustment expenses 83,662 87,896
Unearned premiums 52,390 57,672
Reinsurance premiums payable 2,719 3,299
Debt 29,060 29,027
Accounts payable and other liabilities 9,335 8,312
Total liabilities 177,166 186,206
Commitments and contingencies
Shareholders' equity:    
Common stock, no par value (100,000,000 shares authorized; 8,520,328 and 8,520,328 issued and outstanding, respectively) 86,659 86,199
Accumulated deficit (33,431) (33,010)
Accumulated other comprehensive income (loss) (3,060) (363)
Total shareholders' equity 50,168 52,826
Total liabilities and shareholders' equity $ 227,334 $ 239,032