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Consolidated Statements of Cash Flows - Successor [Member] - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income (loss) attributable to common shareholders $ 497,406 $ (51,963)
Net (loss) gain 357 221
Net income (loss) 497,049 (52,184)
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 1,489 1,481
Amortization of bond premium and discount (64,478) (64,392)
Reorganization items 0 209
Share-based compensation 1,274 2,387
Deferred income taxes (124) 115
Current income taxes (4,031) (2,226)
Unearned premiums, net (134,487) (174,117)
Losses and loss expenses, net 299,879 (129,931)
Ceded premiums payable (2,434) (6,222)
Investment income due and accrued (264) 3,145
Premium receivables 63,683 96,659
Accrued interest payable 34,867 45,158
Amortization of insurance intangible assets 75,520 67,970
Net mark-to-market (gains) losses (6,968) (4,671)
Net realized investment gains (48,748) (19,356)
Other-than-temporary impairment charges 4,139 19,146
Losses on extinguishment of debt 1,339 0
Variable interest entity activities (59,565) 43,690
Other, net (20,043) 85,546
Net cash provided by operating activities 38,339 172,269
Cash flows from investing activities:    
Proceeds from sales of bonds 705,104 993,721
Proceeds from matured bonds 469,630 496,099
Purchases of bonds (1,385,652) (1,323,098)
Proceeds from sales of other invested assets 96,691 40,173
Purchases of other invested assets (81,696) (33,528)
Change in short-term investments 162,995 (73,068)
Loans, net 40 (170)
Change in swap collateral receivable 19,710 (90,616)
Other, net (1,477) 5,308
Net cash provided by (used in) investing activities (14,655) 14,821
Cash flows from financing activities:    
Proceeds from warrant exercise 2 1
Payments for investment agreement draws (49,872) (190,000)
Payments for extinguishment of long-term debt (13,752) 0
Net cash (used in) financing activities (63,622) (189,999)
Net cash flow (39,938) (2,909)
Cash and cash equivalents at beginning of period 73,903 77,370
Cash and cash equivalents end of period 33,965 74,461
Supplemental disclosure of cash flow information:    
Income taxes 9,685 3,167
Interest on investment agreements 159 366
Cash payments related to reorganization items:    
Professional fees paid for services rendered in connection with the Chapter 11 proceeding $ 0 $ 267