Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Investments:
Fixed maturity securities available for sale, at fair value (amortized cost: $274,864 in 2020; $211,278 in 2019)	$ 273,358	$ 217,151
Equity securities, at fair value (cost: $21,459 in 2020; $21,336 in 2019)	22,876	22,328
Total investments	296,234	239,479
Cash and cash equivalents	23,845	33,119
Restricted cash	314	230
Accrued investment income	1,774	1,386
Premium receivable	34,938	36,237
Deferred policy acquisition costs	26,714	25,201
Reinsurance recoverable on unpaid losses and loss adjustment expenses	13,854	12,952
Reinsurance recoverable on paid losses and loss adjustment expenses	5,168	4,303
Prepaid reinsurance premium	25,644	26,105
Prepaid expenses and other assets	13,603	14,861
Property and equipment, net	811	845
Intangible assets	744	744
Total assets	443,643	395,462
Liabilities:
Accounts payable and other accrued liabilities	10,320	13,555
Reserve for losses and loss adjustment expenses	18,352	16,821
Unearned premiums	137,105	130,373
Ceded premium payable	10,027	11,383
Funds held under reinsurance treaty	2,069	1,658
Income and excise taxes payable	3,917	1,117
Deferred tax liabilities, net	1,033	1,999
Total liabilities	182,823	176,906
Stockholders' equity:
Preferred stock, $0.0001 par value, 5,000,000 shares authorized as of March 31, 2020 and December 31, 2019, respectively, 0 shares issued and outstanding as of March 31, 2020 and December 31, 2019
Common stock, $0.0001 par value, 500,000,000 shares authorized, 24,239,861 and 23,468,750 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively	2	2
Additional paid-in capital	216,334	180,012
Accumulated other comprehensive (loss) income	(1,147)	4,686
Retained earnings	45,631	33,856
Total stockholders' equity	260,820	218,556
Total liabilities and stockholders' equity	$ 443,643	$ 395,462