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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Cash Flows from Operating Activities      
Net income (loss) $ (9,227) $ (21,542) $ (8,437)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 386 372 401
Amortization of bond premium and discount, net 455 532 589
Net realized investment gains (61)    
Net realized investment gains   (70) (1,365)
Change in fair value of equity securities (121) 0 0
Restricted stock unit expenses 970 895 856
Other (290) (484) 123
Changes in operating assets and liabilities:      
Premiums, agents' balances and other receivables (789) 2,249 (6,487)
Reinsurance recoverables (10,206) (17,041) (454)
Prepaid reinsurance premiums (748) 3,039 (637)
Deferred policy acquisition costs 770 509 (1,188)
Other assets (1,252) 4,239 (7,139)
Unpaid losses and loss adjustment expenses 4,911 33,245 19,229
Unearned premiums (4,820) (454) 10,210
Reinsurance premiums payable (3,299) 3,299 (1,069)
Accounts payable and other liabilities 6,313 302 1,534
Net cash provided by (used in) operating activities (17,008) 9,090 6,166
Cash Flows From Investing Activities      
Purchases of investments (91,293) (218,492) (166,965)
Proceeds from maturities and redemptions of investments 22,827 25,213 13,730
Proceeds from sales of investments 80,774 167,338 142,679
Purchases of property and equipment (86) (13) (195)
Net cash provided by (used in) investing activities 12,222 (25,954) (10,751)
Cash Flows From Financing Activities      
Proceeds received from issuance of shares of common stock 0 5,000 0
Repurchase of common stock (636) 0 (625)
Borrowings under debt arrangements 25,300 32,000 7,000
Repayment of borrowings under debt arrangements (19,500) (19,750) (2,000)
Stock and debt issuance costs (1,454) (1,011) 0
Net cash provided by financing activities 3,710 16,239 4,375
Net increase (decrease) in cash (1,076) (625) (210)
Cash at beginning of period 11,868 12,493 12,703
Cash at end of period 10,792 11,868 12,493
Supplemental Disclosure of Cash Flow Information:      
Interest paid 3,116 876 641
Net income taxes paid (refunded) (83) 0 0
Increase (decrease) in net payable for securities $ (3,642) $ 2,691 $ 486