GAAP Financials

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD

Assets

Investment securities

Debt securities, at fair value 107,093 113,163 136,536 120,440 125,704
Equity securities, at fair value 4,240 4,579 9,687 10,737 7,000
Short-term investments, at fair value 6,391 10,788 11,427 8,925 3,508
Total investments 117,724 128,530 157,650 140,102 136,212
Cash and cash equivalents 12,703 12,493 11,868 10,792 30,854
Premiums and agents' balances receivable, net 18,010 24,538 22,845 21,247 18,735
Receivable from Affiliate 1,792 1,751 1,195 3,582 427
Reinsurance recoverables on unpaid losses 5,405 6,658 20,066 29,685 16,862
Reinsurance recoverables on paid losses 1,639 840 4,473 5,060 7,659
Prepaid reinsurance premiums 3,483 4,120 1,081 1,829 3,521
Deferred policy acquisition costs 12,102 13,290 12,781 12,011 12,879
Other assets 5,069 11,481 7,073 8,444 11,341
Total assets 177,927 203,701 239,032 232,752 238,490

Liabilities and Shareholders' Equity

Liabilities

Unpaid losses and loss adjustment expenses 35,422 54,651 87,896 92,807 97,337
Unearned premiums 47,916 58,126 57,672 52,852 52,721
Reinsurance premiums payable 1,069 0 3,299 NA NA
Debt 12,750 17,750 29,027 33,502 33,743
Deferred gain on ADC NA NA 0 5,677 0
Accounts payable and accrued expenses 2,758 5,380 8,312 5,751 9,207
Other liabilities 750 NA NA NA NA
Total liabilities 100,665 135,907 186,206 190,589 193,008
Commitments and contingencies 0 0 0 0 0

Shareholders' equity

Common stock 80,111 80,342 86,199 86,533 91,578
Accumulated deficit (3,031) (11,468) (33,010) (41,758) (46,552)
Accumulated other comprehensive income (loss) 182 (1,080) (363) (2,612) 456
Total shareholders' equity 77,262 67,794 52,826 42,163 45,482
Total liabilities and shareholders' equity 177,927 203,701 239,032 232,752 238,490
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.