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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,255,775 and $1,273,132) $ 1,340,066 $ 1,282,909
Equity investments, at fair value (cost $167,632 and $160,371) 249,507 215,363
Equity investments, at alternative measurement of cost less impairments 1,200 1,200
Other long-term investments 17,352 19,316
Short-term investments 46,857 28,204
Total investments 1,654,982 1,546,992
Cash 276 337
Reinsurance receivables due from affiliate 35,470 37,361
Prepaid reinsurance premiums due from affiliate 10,718 8,789
Deferred policy acquisition costs (affiliated $47,422 and $44,440) 47,019 44,760
Amounts due from affiliate to settle inter-company transaction balances 0 5,154
Prepaid pension and postretirement benefits due from affiliate 17,090 17,691
Accrued investment income 10,394 10,468
Accounts receivable 63 1,658
Income taxes recoverable 8,077 6,697
Goodwill 942 942
Other assets (affiliated $3,678 and $4,510) 3,120 4,629
Total assets 1,788,151 1,685,478
LIABILITIES    
Losses and settlement expenses (affiliated $774,644 and $771,872) 798,706 777,190
Unearned premiums (affiliated $271,127 and $267,064) 272,373 268,511
Other policyholders' funds (all affiliated) 8,150 8,807
Surplus notes payable to affiliate 25,000 25,000
Due to Related Parties 5,296 0
Pension benefits payable to affiliate 3,788 4,070
Deferred income taxes 18,415 4,908
Other liabilities (affiliated $20,328 and $31,121) 25,861 31,210
Total liabilities 1,157,589 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 21,672 21,615
Additional paid-in capital 129,961 128,451
Accumulated other comprehensive income 39,976 1,620
Retained earnings 438,953 414,096
Total stockholders' equity 630,562 565,782
Total liabilities and stockholders' equity $ 1,788,151 $ 1,685,478