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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Fixed maturity securities available-for-sale, at fair value (amortized cost: $391,659 in 2016; $326,953 in 2015) $ 398,779 $ 327,602
Equity securities available-for-sale, at fair value (cost: $14,487 in 2016; $12,184 in 2015) 17,788 14,240
Short-term investments 254 2,299
Total investments 416,821 344,141
Cash and cash equivalents 103,757 24,544
Investment income due and accrued 1,833 1,844
Premiums receivable, net 15,483 15,550
Receivable from reinsurers 7,306 11,928
Reinsurance recoverables 77,610 95,670
Ceded unearned premiums 24,143 39,329
Deferred policy acquisition costs, net of ceding commissions 5,558 0
Intangible assets 3,538 3,538
Deferred income tax asset, net 4,940 6,822
Other assets 2,282 1,912
Total assets 663,271 545,278
Liabilities and Stockholders' Equity    
Reserves for unpaid losses and loss adjustment expenses 253,458 219,629
Unearned premiums 88,276 81,713
Funds held for reinsurers 52,545 87,206
Payable to reinsurers 3,914 3,833
Accounts payable and accrued expenses 6,239 7,410
Deferred policy acquisition costs, net of ceding commissions 0 1,696
Note payable 27,223 29,603
Other liabilities 21,732 737
Total liabilities 453,387 431,827
Stockholders' equity:    
Common stock 210 0
Preferred stock, $0.01 par value, 100,000,000 shares authorized, none issued or outstanding as of September 30, 2016; none authorized, issued or outstanding as of December 31, 2015 0 0
Additional paid-in capital 153,189 80,229
Retained earnings 47,818 29,570
Accumulated other comprehensive income 8,667 3,651
Stockholders' equity 209,884 113,451
Total liabilities and stockholders' equity 663,271 545,278
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 0 1
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 0 $ 0