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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,255,775 and $1,273,132) $ 1,291,860 $ 1,282,909
Equity investments, at fair value (cost $167,632 and $160,371) 242,583 215,363
Equity investments, at alternative measurement of cost less impairments 1,200 1,200
Other long-term investments 18,099 19,316
Short-term investments 48,265 28,204
Total investments 1,602,007 1,546,992
Cash 232 337
Reinsurance receivables due from affiliate 35,767 37,361
Prepaid reinsurance premiums due from affiliate 7,530 8,789
Deferred policy acquisition costs (affiliated $47,422 and $44,440) 47,422 44,760
Amounts due from affiliate to settle inter-company transaction balances 11,905 5,154
Prepaid pension and postretirement benefits due from affiliate 17,355 17,691
Accrued investment income 11,713 10,468
Accounts receivable 1,038 1,658
Income taxes recoverable 2,465 6,697
Goodwill 942 942
Other assets (affiliated $3,678 and $4,510) 3,851 4,629
Total assets 1,742,227 1,685,478
LIABILITIES    
Losses and settlement expenses (affiliated $774,644 and $771,872) 780,393 777,190
Unearned premiums (affiliated $271,127 and $267,064) 271,127 268,511
Other policyholders' funds (all affiliated) 8,326 8,807
Surplus notes payable to affiliate 25,000 25,000
Pension benefits payable to affiliate 3,738 4,070
Deferred income taxes 14,844 4,908
Other liabilities (affiliated $20,328 and $31,121) 22,465 31,210
Total liabilities 1,125,893 1,119,696
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,668,287 shares in 2019 and 21,615,105 shares in 2018 21,668 21,615
Additional paid-in capital 129,928 128,451
Accumulated other comprehensive income 22,090 1,620
Retained earnings 442,648 414,096
Total stockholders' equity 616,334 565,782
Total liabilities and stockholders' equity $ 1,742,227 $ 1,685,478