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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net loss $ (1,457) $ (1,606)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization expense 2,697 2,360
Deferred federal income taxes (1,508) (2,201)
Net realized gains (2,773) (872)
Share-based payments expense 136 253
Change in ceded unearned premiums (5,032) (2,222)
Change in premiums receivable (11,942) (17,164)
Change in accounts receivable (65) 451
Change in deferred policy acquisition costs (1,752) (2,927)
Change in unpaid losses and loss adjustment expenses 30,935 17,164
Change in unearned premiums 19,141 16,864
Change in reinsurance recoverable (6,038) (5,074)
Change in reinsurance balances payable 4,880 3,050
Change in current federal income tax recoverable (2,401) 5,619
Change in all other liabilities (6,007) 479
Change in all other assets 5,219 3,048
Net cash provided by operating activities 24,033 17,222
Cash flows from investing activities:    
Purchases of property and equipment (846) (183)
Net transfers into restricted cash (2,709) (1,421)
Purchases of investment securities (85,417) (76,102)
Maturities, sales and redemptions of investment securities 107,798 64,890
Net cash provided by (used in) investing activities 18,826 (12,816)
Cash flows from financing activities:    
Activity under revolving credit facility, net   (2,500)
Distribution to non-controlling interest   (147)
Net cash used in financing activities   (2,647)
Increase in cash and cash equivalents 42,859 1,759
Cash and cash equivalents at beginning of period 85,145 74,471
Cash and cash equivalents at end of period 128,004 76,230
Supplemental cash flow information:    
Interest paid 2,289 2,313
Income taxes paid (recovered) 2,212 (6,045)
Supplemental schedule of non-cash investing activities:    
Change in receivable for securities related to investment disposals that settled after the balance sheet date 217 (283)
Change in payable for securities related to investment purchases that settled after the balance sheet date $ 6,776 $ 6,216