CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Investments, available-for-sale at fair value (amortized cost of $117,619 and $117,902, respectively)	$ 117,431	$ 117,212
Cash, cash equivalents, and restricted cash	120,496	118,681
Premiums, fees, and commissions receivable, net of allowance of $309 and $279, respectively	90,251	66,393
Deferred tax assets, net	34,761	35,641
Other investments	10,140	9,994
Other assets	5,944	6,078
Property and equipment, net	3,789	4,213
Deferred acquisition costs	5,869	4,852
Goodwill	29,384	29,384
Identifiable intangible assets, net	7,433	7,626
TOTAL ASSETS	425,498	400,074
LIABILITIES AND STOCKHOLDERS’ EQUITY
Loss and loss adjustment expense reserves	156,410	161,079
Unearned premiums and fees	106,877	78,861
Debentures payable	40,313	40,302
Term loan from principal stockholder	29,786	29,779
Accrued expenses	5,566	7,089
Other liabilities	12,851	10,476
Total liabilities	351,803	327,586
Stockholders’ equity:
Preferred stock, $.01 par value, 10,000 shares authorized
Common stock, $.01 par value, 75,000 shares authorized; 41,160 issued and outstanding	412	412
Additional paid-in capital	457,789	457,750
Accumulated other comprehensive income, net of tax of $(873) and $(1,110), respectively	1,754	1,316
Accumulated deficit	(386,260)	(386,990)
Total stockholders’ equity	73,695	72,488
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 425,498	$ 400,074