CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Investments, available-for-sale at fair value (amortized cost of $132,727 and $119,119, respectively)	$ 136,998	$ 125,085
Cash and cash equivalents	103,774	102,429
Premiums and fees receivable, net of allowance of $459 and $392	64,991	56,344
Deferred tax assets, net	16,706	16,521
Other investments	11,578	10,530
Other assets	5,874	6,104
Property and equipment, net	3,570	3,173
Deferred acquisition costs	4,751	3,459
Deposit under asset purchase agreement	33,735
Identifiable intangible assets	4,998	4,800
TOTAL ASSETS	386,975	328,445
LIABILITIES AND STOCKHOLDERS’ EQUITY
Loss and loss adjustment expense reserves	110,476	96,613
Unearned premiums and fees	80,918	67,942
Debentures payable	40,107	40,211
Term loan from principal stockholder	29,740
Other liabilities	18,952	16,715
Total liabilities	$ 280,193	$ 221,481
Stockholders’ equity:
Preferred stock, $.01 par value, 10,000 shares authorized
Common stock, $.01 par value, 75,000 shares authorized; 41,041 and 41,016 issued and outstanding, respectively	$ 410	$ 410
Additional paid-in capital	457,358	457,242
Accumulated other comprehensive income, net of tax of $331 and $923, respectively	3,991	5,090
Accumulated deficit	(354,977)	(355,778)
Total stockholders’ equity	106,782	106,964
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 386,975	$ 328,445