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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows From Operating Activities    
Net income (loss) $ 916 $ (3,220)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Gain on sale of agency business (8,910) 0
Depreciation and amortization 217 255
Amortization of bond premium and discount, net 255 301
Net realized investment (gains) losses (3,984) (1,173)
Change in fair value of equity securities 1,065 1,510
Stock-based compensation expenses 133 475
Equity earnings in Affiliate, net of tax (428) (229)
Other 17 0
(Increase) decrease in:    
Premiums and agents' balances and other receivables (2,719) (2,075)
Reinsurance recoverables 263 1,379
Prepaid reinsurance premiums (3,648) (2,944)
Deferred policy acquisition costs (878) 213
Other assets 344 (202)
Increase (decrease) in:    
Unpaid losses and loss adjustment expenses 6,582 (512)
Unearned premiums 6,879 617
Accounts payable and other liabilities (564) 1,004
Net cash provided by (used in) operating activities (4,460) (4,601)
Cash Flows From Investing Activities    
Purchase of investments (112,849) (160,445)
Proceeds from maturities and redemptions of investments 11,793 10,476
Proceeds from sales of investments 104,118 149,156
Proceeds from sale of agency business 1,000 0
Dividends from Affiliate 900 0
Purchases of property and equipment (20) (48)
Net cash provided by (used in) investing activities 4,942 (861)
Cash Flows From Financing Activities    
Repurchase of common stock (7) (16)
Repurchase of senior unsecured notes 0 (919)
Borrowings under debt arrangements 3,000 3,745
Repayment of borrowings under debt arrangements (7,000) 0
Net cash provided by (used in) financing activities (4,007) 2,810
Net increase (decrease) in cash (3,525) (2,652)
Cash at beginning of period 8,193 7,464
Cash at end of period 4,668 4,812
Supplemental Disclosure of Cash Flow Information:    
Interest paid 1,450 535
Note receivable from sale of agency business 9,000 0
Payable from purchase of agency $ 1,051 $ 0