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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Successor [Member]
Dec. 31, 2011
Predecessor [Member]
Investments held in trust, at fair value:    
Fixed-maturity securities $ 208,512 $ 298,555 [1]
Cash equivalents held in trust 94,698 33,458 [1]
Total investments held in trust 303,210 332,013 [1]
Cash and cash equivalents 15,344 7,642 [1]
Fixed-maturity securities, at fair value 72,782 5,490 [1]
Restricted cash 2,273  
Accrued investment income 1,640 2,622 [1]
Other assets 1,820 2,792 [1]
Total assets 397,069 350,559 [1]
Liabilities:    
Notes payable-principal 134,047  
Notes payable-interest 1,452  
Losses and loss adjustment reserves 130,689 142,119 [1]
Losses payable 2,832 5,923 [1]
Unearned premiums 313 456 [1]
Accrued ceding commissions 125 329 [1]
Loss contract fair market value reserve 52,368  
Other liabilities 1,045 26,742 [1]
Total liabilities 322,871 175,569 [1]
Commitments and contingencies      
Shareholders' equity:    
Preferred stock, $ 0.00001 par value, 5,000,000 authorized, zero outstanding as of September 30, 2012; Preferred stock of the Predecessor, none authorized or outstanding as of December 31, 2011.      
Common stock, $ 0.00001 par value; 500,000,000 authorized, 200,000,000 shares issued and outstanding as of September 30, 2012; Common Stock of the Predecessor, $1 par value, 1,000 shares issued and outstanding as of December 31, 2011. 2 1 [1]
Additional paid-in capital 76,598 69,879 [1]
Retained earnings (2,402) 105,110 [1]
Total shareholders' equity 74,198 174,990 [1]
Total liabilities and shareholders' equity $ 397,069 $ 350,559 [1]
[1] The Balance Sheet at December 31, 2011 is derived from the audited financial statements of the Predecessor.