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Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Debt securities, available-for-sale $ 4,382,254 $ 4,476,358
Short-term investments 70,761 67,353
Cash and cash equivalents 309,802 135,942
Other investments 287,683 311,287
Restricted cash and cash equivalents 30,070 28,521
Accrued investment income 26,131 30,927
Premiums and other receivables, net 1,541,760 1,428,948
Deferred acquisition costs 277,368 263,523
Reinsurance recoverable, net 1,401,681 1,394,308
Prepaid reinsurance premiums 511,648 575,747
Premises and equipment, net 398,161 403,827
Intangible assets, net 357,568 365,823
Prepaid and other assets 86,359 94,642
Unpaid loss and loss adjustment expense reserves 2,848,193 2,886,414
Unearned premiums and other revenue 2,376,375 2,312,241
Reinsurance payable 553,982 562,844
Accounts payable and accrued expenses 313,638 315,366
Other liabilities $ 411,820 $ 376,169
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 150,000,000 150,000,000
Common stock, shares issued 113,708,996 113,368,811
Common stock, shares outstanding 113,708,996 113,368,811
Preferred stock, par value $ 0.01 $ 0.01
Preferred stock, shares authorized 10,000,000 10,000,000
Shares of preferred stock issued 2,565,120 2,565,120
Preferred stock, shares outstanding 2,565,120 2,565,120
Aggregate liquidation preference $ 450,000 $ 450,000
Debt securities, available-for sale, allowance for expected credit losses 2,927 0
Premiums and other receivables, allowance for expected credit losses 27,114 24,067
Reinsurance recoverable, allowance for expected credit losses 517 0
Reciprocal Exchanges    
Debt securities, available-for-sale 313,743 324,249
Short-term investments 19,778 5,245
Cash and cash equivalents 0 959
Restricted cash and cash equivalents 116 24
Accrued investment income 2,152 2,001
Premiums and other receivables, net 49,344 55,859
Deferred acquisition costs 22,737 23,307
Reinsurance recoverable, net 119,508 119,125
Prepaid reinsurance premiums 91,003 105,894
Premises and equipment, net 93 241
Intangible assets, net 3,180 3,225
Prepaid and other assets 4,110 3,521
Unpaid loss and loss adjustment expense reserves 197,934 205,786
Unearned premiums and other revenue 232,538 252,553
Reinsurance payable 38,353 35,689
Accounts payable and accrued expenses 5,746 8,497
Other liabilities 41,266 30,803
Debt securities, available-for sale, allowance for expected credit losses 298  
Premiums and other receivables, allowance for expected credit losses 1,013 541
Reinsurance recoverable, allowance for expected credit losses 173  
Related Parties    
Other investments 235,843 238,841
Accrued investment income $ 1,203 $ 2,391