CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS
Investments, available-for-sale at fair value (amortized cost of $131,614 and $119,119, respectively)	$ 135,745	$ 125,085
Cash and cash equivalents	107,207	102,429
Premiums, fees, and commissions receivable, net of allowance of $461 and $392	74,458	56,486
Deferred tax assets, net	18,241	16,521
Other investments	12,087	10,530
Other assets	7,530	5,962
Property and equipment, net	3,875	3,173
Deferred acquisition costs	5,428	3,459
Goodwill	30,200
Identifiable intangible assets, net	8,745	4,800
TOTAL ASSETS	403,516	328,445
LIABILITIES AND STOCKHOLDERS’ EQUITY
Loss and loss adjustment expense reserves	115,009	96,613
Unearned premiums and fees	86,877	67,942
Debentures payable	40,245	40,211
Term loan from principal stockholder	29,747
Accrued expenses	11,661	3,262
Other liabilities	16,207	13,453
Total liabilities	$ 299,746	$ 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	$ 411	$ 410
Additional paid-in capital	457,395	457,242
Accumulated other comprehensive income, net of tax of $314 and $923, respectively	3,959	5,090
Accumulated deficit	(357,995)	(355,778)
Total stockholders’ equity	103,770	106,964
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 403,516	$ 328,445