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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Investments held in trust:    
Fixed-maturity securities $ 76,831 $ 99,055
Cash equivalents held in trust 2,176 3,687
Total investments held in trust 31,382 36,258
Cash and cash equivalents 2,491 9,924
Restricted cash 573,347 571,440
Derivative asset - embedded conversion feature 80,651  
Accrued investment income 187 235
Other assets 507 719
Total assets 736,190 685,060
Liabilities:    
Notes payable - principal 18,774 21,743
Notes payable - interest 203 236
Losses and loss adjustment reserves 811 5,063
Losses payable 53 405
Unearned premiums 270 761
Accrued ceding commissions 22 33
Loss contract reserve 5,645 9,623
Derivative liability - embedded conversion feature   120,848
Other liabilities 14,063 14,357
Total liabilities 39,841 173,069
Commitments and contingencies
Redeemable convertible series B preferred stock, $0.00001 par value; 600,000 shares issued and outstanding as of December 31, 2016 and December 31, 2015; aggregate liquidation preference of $600,000,000 as of December 31, 2016 and December 31, 2015 502,213 502,213
Stockholders’ equity:    
Common stock, $0.00001 par value; 3,500,000,000 authorized; 206,380,800 and 206,168,035 shares issued and outstanding as of December 31, 2016 and December 31, 2015, respectively 2 2
Additional paid-in capital 108,415 107,757
Accumulated earnings (deficit) 85,719 (97,981)
Total stockholders’ equity 194,136 9,778
Total liabilities, redeemable convertible preferred stock and stockholders’ equity 736,190 685,060
Convertible Series A Preferred Stock [Member]    
Stockholders’ equity:    
Convertible preferred stock value
Fixed-Maturity Securities Held in Trust [Member]    
Investments held in trust:    
Fixed-maturity securities 29,206 32,571
Unrestricted Fixed-Maturity Securities [Member]    
Investments held in trust:    
Fixed-maturity securities $ 47,625 $ 66,484