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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net (loss) income $ (25,404) $ 801
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation 1,267 800
Amortization of identifiable intangibles assets 477 7
Stock-based compensation 105 72
Deferred income taxes (13,736) 408
Other-than-temporary impairment on investments, available-for-sale 147  
Net realized losses on redemptions of investments 17 7
Investment income from other investments (355) (328)
Gain on sale of foreclosed real estate, net (1,237)  
Other 61 164
Change in:    
Premiums, fees, and commission receivable (9,230) (8,714)
Deferred acquisition costs (183) (1,292)
Loss and loss adjustment expense reserves 43,941 13,863
Unearned premiums and fees 11,920 12,976
Other liabilities 1,347 2,237
Other 1,652 (134)
Net cash provided by operating activities 10,789 20,867
Cash flows from investing activities:    
Purchases of investments, available-for-sale (156) (18,963)
Maturities and redemptions of investments, available-for-sale 6,968 5,252
Purchases of other investments (725) (1,289)
Distributions from other investments 2,190 571
Capital expenditures (1,983) (1,197)
Proceeds from sale of foreclosed real estate, net 1,769  
Acquisition of identifiable intangible assets (40) (205)
Deposit under asset purchase agreement   (33,735)
Net cash provided by (used in) investing activities 8,023 (49,566)
Cash flows from financing activities:    
Proceeds from term loan from principal stockholder   30,000
Net proceeds from issuance of common stock 40 44
Net cash provided by financing activities 40 30,044
Net change in cash and cash equivalents 18,852 1,345
Cash and cash equivalents, beginning of period 115,587 102,429
Cash and cash equivalents, end of period $ 134,439 $ 103,774