| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Cash Flows From Operating Activities | ||||||
Net income (loss) | ||||||
-7,822 | -9,227 | -21,542 | -8,437 | -17 | -6,939 | 280 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: | ||||||
Depreciation and amortization | ||||||
- | - | - | 401 | 398 | - | - |
Depreciation and amortization | ||||||
453 | 386 | 372 | - | - | 371 | 268 |
Amortization of bond premium and discount, net | ||||||
568 | 455 | 532 | 589 | 629 | 527 | 480 |
Net realized investment gains | ||||||
1,196 | 61 | 70 | - | - | - | - |
Net realized investment (gains) losses | ||||||
- | - | - | 1,365 | 285 | 417 | 299 |
Change in fair value of equity securities | ||||||
-427 | 121 | 0 | 0 | - | - | - |
Other (gains) losses | ||||||
- | - | - | - | 104 | - | - |
Other (gains) losses | ||||||
- | - | - | - | - | 0 | 3,714 |
Change in fair value of equity securities | ||||||
-427 | 121 | 0 | 0 | - | - | - |
Restricted stock unit expenses | ||||||
959 | 970 | 895 | 856 | 303 | 0 | 0 |
Other | ||||||
-1,210 | -290 | -484 | - | - | - | - |
Deferred income taxes | ||||||
- | - | - | - | - | -302 | 4 |
Other | ||||||
- | - | - | -123 | 53 | -14 | 0 |
Changes in operating assets and liabilities: | ||||||
(Increase) decrease in: | ||||||
Premiums and agents' balances and other receivables | ||||||
-4,348 | 789 | -2,249 | 6,487 | 3,765 | 2,174 | 5,147 |
Reinsurance recoverables | ||||||
-7,011 | 10,206 | 17,041 | 454 | 1,905 | 745 | -3,584 |
Prepaid reinsurance premiums | ||||||
-579 | 748 | -3,039 | 637 | -6,027 | 8,106 | 1,175 |
Deferred policy acquisition costs | ||||||
-105 | -770 | -509 | 1,188 | 6,423 | -68 | 2,981 |
Other assets | ||||||
489 | 1,252 | -4,239 | 7,139 | 904 | 526 | -146 |
Increase (decrease) in: | ||||||
Unpaid losses and loss adjustment expenses | ||||||
14,439 | 4,911 | 33,245 | 19,229 | 3,891 | 2,623 | -1,955 |
Unearned premiums | ||||||
-1,349 | -4,820 | -454 | 10,210 | 4,535 | 16,876 | 11,231 |
Reinsurance premiums payable | ||||||
- | -3,299 | 3,299 | -1,069 | -6,000 | 6,080 | 786 |
Accounts payable and other liabilities | ||||||
-1,462 | 6,313 | 302 | 1,534 | 537 | 172 | 663 |
Other liabilities | ||||||
- | - | - | - | - | -1,217 | 371 |
Net cash provided by (used in) operating activities | ||||||
15,361 | -17,008 | 9,090 | 6,166 | -3,136 | 6,305 | - |
Cash Flows From Investing Activities | ||||||
Net cash provided by operating activities | ||||||
- | - | - | - | - | - | 2,542 |
Purchase of investments | ||||||
157,235 | 91,293 | 218,492 | 166,965 | 118,620 | - | - |
Proceeds from maturities and redemptions of investments | ||||||
22,401 | 22,827 | 25,213 | - | - | - | - |
Proceeds from sales of investments | ||||||
109,882 | 80,774 | 167,338 | - | - | - | - |
Fixed maturity securities | ||||||
- | - | - | - | - | 44,632 | 22,747 |
Equity securities | ||||||
- | - | - | - | - | 1,392 | 658 |
Short-term investments | ||||||
- | - | - | - | - | 84,369 | 44,030 |
Proceeds from maturities and redemptions of investments | ||||||
- | - | - | 13,730 | 1,400 | 4,892 | 175 |
Proceeds from sales of investments | ||||||
- | - | - | 142,679 | 103,416 | - | - |
Short-term investments | ||||||
- | - | - | - | - | 0 | - |
Fixed maturity securities | ||||||
- | - | - | - | - | 1,345 | 17,037 |
Equity securities | ||||||
- | - | - | - | - | 0 | 677 |
Short-term investments | ||||||
- | - | - | - | - | 76,900 | 44,662 |
Cash received from acquisitions, net of cash paid | ||||||
- | - | - | - | - | - | 8,832 |
Purchases of property and equipment | ||||||
61 | 86 | 13 | 195 | 167 | 444 | 283 |
Deconsolidation of affiliate | ||||||
- | - | - | - | 1,323 | 0 | 0 |
Net cash provided by (used in) investing activities | ||||||
-25,013 | 12,222 | -25,954 | -10,751 | -15,294 | -47,700 | - |
Cash Flows From Financing Activities | ||||||
Net cash used in investing activities | ||||||
- | - | - | - | - | - | 3,665 |
Proceeds received from issuance of shares of common stock | ||||||
5,000 | - | 5,000 | 0 | 36,066 | 28,475 | 0 |
Issuance of shares of common stock to noncontrolling interest | ||||||
- | - | - | - | - | - | 50 |
Proceeds from issuance of shares of preferred stock | ||||||
- | - | - | - | - | 6,060 | 0 |
Repurchase of common stock | ||||||
676 | 636 | - | 625 | 0 | 0 | - |
Repurchase of preferred stock | ||||||
- | - | - | - | 6,275 | 0 | 0 |
Borrowings under debt arrangements | ||||||
2,100 | 25,300 | 32,000 | 7,000 | 4,400 | 18,500 | 1,350 |
Repayment of borrowings under debt arrangements | ||||||
100 | 19,500 | 19,750 | 2,000 | 19,212 | 4,075 | 250 |
Stock and debt issuance costs | ||||||
- | 1,454 | 1,011 | - | - | - | - |
Dividends paid to preferred shareholders | ||||||
- | - | - | - | 384 | 191 | 0 |
Payout of contingent consideration | ||||||
- | - | - | - | 113 | 182 | 0 |
Payout of contingent consideration | ||||||
- | - | - | - | 113 | - | - |
Stock and debt issuance costs | ||||||
- | - | - | 0 | 1,837 | 0 | 0 |
Net cash provided by financing activities | ||||||
6,324 | 3,710 | 16,239 | 4,375 | 12,645 | 48,587 | - |
Net increase (decrease) in cash | ||||||
-3,328 | -1,076 | -625 | - | - | - | - |
Net cash (used in) provided by financing activities | ||||||
- | - | - | - | - | - | 1,150 |
Net increase (decrease) in cash | ||||||
- | - | - | -210 | -5,785 | 7,192 | 7,357 |
Supplemental Disclosure of Cash Flow Information: | ||||||
Interest paid | ||||||
2,547 | 3,116 | 876 | 641 | - | - | - |
Interest paid | ||||||
- | - | - | - | 844 | 510 | 364 |
Net income taxes paid (refunded) | ||||||
35 | -83 | - | 0 | 0 | 0 | 0 |
Increase (decrease) in net payable for securities | ||||||
1,579 | -3,642 | 2,691 | - | - | - | - |