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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net cash provided by operating activities $ 21,804 $ 2,457
Investing activities    
Purchases of property and equipment (24) (27)
Purchases of fixed maturity securities (71,442) (14,738)
Purchases of equity securities (123) (21,430)
Sales and maturities of fixed maturity securities 7,740 12,547
Sales of equity securities   27,278
Securities receivable or payable, net (3,025)  
Net cash (used in) provided by investing activities (66,874) 3,630
Financing activities    
Proceeds from stock offering, net of offering costs 35,464  
Proceeds from common stock issued under employee stock purchase plan 416  
Distribution to stockholder   (5,120)
Net cash provided by (used in) financing activities 35,880 (5,120)
Net increase (decrease) in cash, cash equivalents and restricted cash (9,190) 967
Cash, cash equivalents and restricted cash at beginning of period 33,349 9,924
Cash, cash equivalents and restricted cash at end of period $ 24,159 10,891
Supplementary cash flow information:    
Cash paid for interest   $ 444