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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows From Operating Activities    
Net income (loss) $ (4,794) $ (4,451)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 684 646
Net realized investment (gains) losses (1,124) (152)
Change in fair value of equity securities 715 116
Restricted stock unit expenses 719 716
Other (1,038) (237)
(Increase) decrease in:    
Premiums and agents' balances and other receivables 5,667 304
Reinsurance recoverables 10,224 (5,119)
Prepaid reinsurance premiums (1,692) (417)
Deferred policy acquisition costs (868) 938
Other assets (3,326) (900)
Increase (decrease) in:    
Unpaid losses and loss adjustment expenses 4,530 3,150
Unearned premiums (131) (5,971)
Accounts payable and other liabilities (2,222) 3,866
Net cash provided by (used in) operating activities 7,344 (7,511)
Cash Flows From Investing Activities    
Purchase of investments (74,466) (63,599)
Proceeds from maturities and redemptions of investments 13,122 18,460
Proceeds from sales of investments 69,760 56,632
Purchases of property and equipment (24) (69)
Net cash provided by (used in) investing activities 8,392 11,424
Cash Flows From Financing Activities    
Proceeds received from issuance of shares of common stock 5,000 0
Repurchase of common stock (674) 0
Borrowings under debt arrangements 1,000 22,000
Repayment of borrowings under debt arrangements (1,000) (20,000)
Payment of debt issuance costs 0 (1,326)
Net cash provided by (used in) financing activities 4,326 674
Net increase (decrease) in cash 20,062 4,587
Cash and cash equivalents at beginning of period 10,792 11,868
Cash and cash equivalents at end of period 30,854 16,455
Supplemental Disclosure of Cash Flow Information:    
Interest paid 1,907 2,386
Payable for securities - non cash item $ 492 $ 1,681