CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Investments, available-for-sale at fair value (amortized cost of $115,233 and $117,902, respectively)	$ 116,012	$ 117,212
Cash, cash equivalents, and restricted cash	125,530	118,681
Premiums, fees, and commissions receivable, net of allowance of $378 and $279, respectively	76,847	66,393
Deferred tax assets, net	34,784	35,641
Other investments	10,468	9,994
Other assets	5,753	6,078
Property and equipment, net	3,475	4,213
Deferred acquisition costs	5,332	4,852
Goodwill	29,384	29,384
Identifiable intangible assets, net	7,243	7,626
TOTAL ASSETS	414,828	400,074
LIABILITIES AND STOCKHOLDERS’ EQUITY
Loss and loss adjustment expense reserves	162,232	161,079
Unearned premiums and fees	91,644	78,861
Debentures payable	40,324	40,302
Term loan from principal stockholder	29,792	29,779
Accrued expenses	5,514	7,089
Other liabilities	11,701	10,476
Total liabilities	341,207	327,586
Stockholders’ equity:
Preferred stock, $.01 par value, 10,000 shares authorized
Common stock, $.01 par value, 75,000 shares authorized; 41,200 and 41,160 issued and outstanding, respectively	412	412
Additional paid-in capital	457,898	457,750
Accumulated other comprehensive income, net of tax of $(482) and $(1,110), respectively	2,474	1,316
Accumulated deficit	(387,163)	(386,990)
Total stockholders’ equity	73,621	72,488
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 414,828	$ 400,074