Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Fixed maturity securities, available-for-sale at fair value (amortized cost $2,038,469 in 2020 and $1,999,403 in 2019, allowance for credit losses $(416) in 2020 and $0 in 2019)	$ 2,002,420	$ 2,040,682
Commercial levered loans at amortized cost (fair value $12,246 in 2020 and $13,950 in 2019)	13,725	14,069
Non-redeemable preferred stock securities at fair value (amortized cost $11,669 in 2020 and $0 in 2019)	11,378
Limited partnerships and limited liability companies at fair value (cost $67,445 in 2020 and $62,226 in 2019)	65,011	66,660
Short-term investments	19,229	43,873
Total investments	2,111,763	2,165,284
Cash and cash equivalents	43,141	17,284
Restricted cash	8,786	10,213
Accrued investment income	13,812	13,610
Premiums and other receivables, net	156,241	190,004
Receivable from reinsurers on paid losses, net	4,876	3,481
Reinsurance receivables on unpaid losses, net	156,866	193,952
Deferred policy acquisition costs	99,842	98,812
Prepaid reinsurance premiums	40,383	42,861
Net deferred income taxes	20,598	4,803
Goodwill and net intangible assets	29,181	29,189
Fixed assets and capitalized software, net	36,313	37,167
Funds withheld related to sale of affiliate	19,529	19,453
Other assets	21,615	29,537
Assets of discontinued operations	23,342	21,584
Total assets	2,786,288	2,877,234
Liabilities
Reserve for unpaid losses and loss adjustment expenses	1,545,799	1,521,648
Reserve for unearned premiums	468,486	483,223
Ceded reinsurance payable	13,148	17,768
Notes payable, net of debt issuance costs	164,778	164,693
Funds held under reinsurance agreements	23,374	58,855
Other liabilities	48,843	56,438
Liabilities of discontinued operations	33,758	31,578
Total liabilities	2,298,186	2,334,203
Stockholders’ equity
Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.01 par value; 200,000,000 shares authorized; 43,355,319 and 43,071,186 shares issued, 43,342,399 and 43,058,266 shares outstanding in 2020 and 2019, respectively	433	431
Paid-in capital	661,203	661,761
Accumulated other comprehensive (loss) income	(23,988)	37,453
Retained deficit	(149,346)	(156,414)
Treasury shares - at cost (12,920 shares)	(200)	(200)
Total stockholders’ equity	488,102	543,031
Total liabilities and stockholders’ equity	$ 2,786,288	$ 2,877,234