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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flow from operating activities:      
Net income (loss) $ 14,710 $ 5,342 $ 1,261
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Net realized and unrealized investment (gains) losses 4,144 (8,548) (3,045)
Amortization of investment premium or discount, net 1,546 3,909 5,346
Depreciation and amortization 1,385 1,166 869
Share-based compensation 2,367 2,846 4,420
Tax impact related to share-based compensation (44) (193) 0
Changes in operating assets and liabilities:      
Prepaid reinsurance premiums 26,915 21,440 24,908
Premiums receivable, net 16,602 8,461 (16,260)
Reinsurance recoverable, net (86,823) (76,738) (35,149)
Deferred acquisition costs 1,457 999 (24,226)
Income taxes, net 6,153 4,596 (16,485)
Deferred revenue (1,637) (612) 1,074
Loss and loss adjustment expense reserves 65,715 72,405 60,404
Unearned premiums (12,431) 401 40,062
Reinsurance payable (8,345) (7,210) 18,085
Other (1,444) (15,158) 8,486
Net cash provided by (used in) operating activities 30,270 13,106 69,750
Cash flow from investing activities:      
Proceeds from sales of equity securities 10,639 57,125 30,621
Proceeds from sales of debt securities 228,777 249,584 198,676
Purchases of equity securities (13,542) (35,811) (16,716)
Purchases of debt securities (337,776) (339,667) (325,397)
Maturities and redemptions of debt securities 92,744 38,038 81,812
Purchases of property and equipment (2,026) (976) (2,147)
Net cash provided by (used in) investing activities (21,184) (31,707) (33,151)
Cash flow from financing activities:      
Proceeds from issuance of long-term debt 0 45,000 0
Payment of long-term debt (5,000) 0 0
Purchase of non-controlling interest (16,685) 0 0
Purchases of FedNat Holding Company common stock (5,061) (10,616) (11,317)
Issuance of common stock for share-based awards 39 103 361
Tax impact related to share-based compensation 0 0 589
Dividends paid (4,184) (4,251) (4,677)
Net cash provided by (used in) financing activities (30,891) 30,236 (15,044)
Net increase (decrease) in cash and cash equivalents (21,805) 11,635 21,555
Cash and cash equivalents at beginning-of-period 86,228 74,593 53,038
Cash and cash equivalents at end-of-period 64,423 86,228 74,593
Supplemental disclosure of cash flow information:      
Cash paid (received) during the period for income taxes 4,266 308 313
Cash paid (received) during the period for income taxes $ (1,104) $ (354) $ 14,360