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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows From Operating Activities    
Net income (loss) $ (2,870) $ (4,636)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 102 109
Amortization of bond premium and discount, net 116 120
Net realized investment (gains) losses 69 (2,924)
Change in fair value of equity securities (280) 540
Stock-based compensation expenses 38 66
Equity earnings in Affiliate, net of tax (76) (248)
(Increase) decrease in:    
Premiums and agents' balances and other receivables 442 827
Reinsurance recoverables (1,201) (6,126)
Prepaid reinsurance premiums (6,133) (2,337)
Deferred policy acquisition costs 2,143 (216)
Other assets (719) 197
Increase (decrease) in:    
Unpaid losses and loss adjustment expenses 1,853 9,406
Unearned premiums 199 2,126
Reinsurance premiums payable (1,976) 0
Accounts payable and other liabilities (234) (397)
Net cash provided by (used in) operating activities (8,527) (3,493)
Cash Flows From Investing Activities    
Purchase of investments (68,116) (61,370)
Proceeds from maturities and redemptions of investments 6,609 5,416
Proceeds from sales of investments 62,958 57,703
Purchases of property and equipment 0 (20)
Net cash provided by (used in) investing activities 1,451 1,729
Cash Flows From Financing Activities    
Borrowings under debt arrangements 5,000 3,000
Repayment of borrowings under debt arrangements 0 (5,000)
Net cash provided by (used in) financing activities 5,000 (2,000)
Net increase (decrease) in cash (2,076) (3,764)
Cash at beginning of period 9,913 8,193
Cash at end of period 7,837 4,429
Supplemental Disclosure of Cash Flow Information:    
Interest paid 699 722
Income taxes paid (refunded), net $ (12) $ (9)