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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Successor [Member]
Dec. 31, 2011
Predecessor [Member]
Investments held in trust, at fair value:    
Fixed-maturity securities $ 201,660 $ 298,555
Cash equivalents held in trust 17,019 33,458
Total investments held in trust 218,679 332,013
Cash and cash equivalents 16,761 7,642
Fixed-maturity securities, at fair value 75,809 5,490
Restricted cash 25,169  
Accrued investment income 1,698 2,622
Other assets 1,800 2,792
Total assets 339,916 350,559
Liabilities:    
Notes payable-principal 136,272  
Notes payable-interest 1,476  
Losses and loss adjustment reserves 82,524 142,119
Losses payable 2,140 5,923
Unearned premiums 225 456
Accrued ceding commissions 136 329
Loss contract fair market value reserve 52,217  
Other liabilities 536 26,742
Total liabilities 275,526 175,569
Commitments and contingencies      
Shareholders' equity:    
Preferred stock, $ 0.00001 par value, 5,000,000 authorized, zero outstanding as of December 31, 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, 201,156,078 shares issued and outstanding as of December 31, 2012; Common Stock of the Predecessor, $1 par value, 1,000 shares issued and outstanding as of December 31, 2011. 2 1
Additional paid-in capital 76,741 69,879
Retained earnings (12,353) 105,110
Total shareholders' equity 64,390 174,990
Total liabilities and shareholders' equity $ 339,916 $ 350,559