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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Cash Flows From Operating Activities      
Net income (loss) $ (680) $ 213 $ (9,440)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Depreciation and amortization 39 88  
Amortization of bond premium and discount, net 81 139  
Net realized investment (gains) losses 101 (161)  
Other gains (19) 0  
Change in fair value of equity securities (1,265) 297  
Restricted stock unit expenses 245 231  
Other (106) (55)  
(Increase) decrease in:      
Premiums and agents' balances and other receivables 3,866 2,362  
Reinsurance recoverables 627 (119)  
Prepaid reinsurance premiums (1,830) 31  
Deferred policy acquisition costs (142) 731  
Other assets (4,145) (2,075)  
Increase (decrease) in:      
Unpaid losses and loss adjustment expenses 1,159 (2,405)  
Unearned premiums (1,333) (3,987)  
Accounts payable and other liabilities 1,202 802  
Net cash provided by (used in) operating activities (2,200) (3,908)  
Cash Flows From Investing Activities      
Purchase of investments (24,797) (25,175)  
Proceeds from maturities and redemptions of investments 2,929 5,079  
Proceeds from sales of investments 23,220 26,563  
Purchases of property and equipment (23) (21)  
Net cash provided by (used in) investing activities 1,329 6,446  
Cash Flows From Financing Activities      
Repurchase of common stock (510) 0  
Borrowings under debt arrangements 1,000 0  
Net cash provided by (used in) financing activities 490 0  
Net increase (decrease) in cash (381) 2,538  
Cash and cash equivalents at beginning of period 10,792 11,868 14,406
Cash and cash equivalents at end of period 10,411 14,406 $ 10,792
Supplemental Disclosure of Cash Flow Information:      
Interest paid 626 619  
Payable for securities - non cash item $ 3,026 $ 3,094