Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating activities:
Net income	$ 1,167	$ 225
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of discount on Series B Preferred Shares	183	174
Net deferred income taxes	138	137
Stock compensation expense	13	20
Depreciation expense	38	31
Changes in operating assets and liabilities:
Premiums receivable	660	184
Reinsurance recoverable on paid losses and loss reserves	(6,455)	(6,140)
Amounts held on deposit with reinsured companies	500	725
Ceded unearned premiums	787	(1,082)
Deferred policy acquisition costs, net	(1,156)	(109)
Loss and loss adjustment expense reserves	2,612	3,761
Premiums collected in advance	1,098	1,233
Unearned premium reserves	4,092	1,482
Ceded reinsurance premiums payable	1,075	2,417
Current income taxes recoverable	1,148	(41)
Other, net	1,806	655
Net cash provided by operating activities	7,706	3,672
Investing activities:
Purchases of furniture and equipment	(14)	(79)
Purchases of fixed income securities	(13,479)	(4,944)
Purchase of equity investments	(182)	(1,000)
Purchase of other investments	(440)	(139)
Net (purchases) sales of short-term investments	(1,263)	859
Net cash used in investing activities	(15,378)	(5,303)
Financing activities:
Payment of dividends on preferred shares	(240)	(240)
Purchases of treasury stock		(521)
Net cash used in financing activities	(240)	(761)
Net decrease in cash and cash equivalents	(7,912)	(2,392)
Cash and cash equivalents at beginning of period	43,045	47,957
Cash and cash equivalents at end of period	$ 35,133	45,565
Cash paid during the period for:
Income taxes		$ 228