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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Investments    
Debt securities, available-for-sale, at fair value $ 339,178 $ 284,099
Debt securities, held-to-maturity, at amortized cost 6,619 7,417
Equity securities, available-for-sale, at fair value 38,534 39,247
Total investments 384,331 330,763
Cash and cash equivalents 53,038 40,157
Prepaid reinsurance premiums 120,771 54,502
Premiums receivable, net of allowance of $302 and $148, respectively 38,594 27,275
Reinsurance recoverable, net 12,714 12,534
Deferred acquisition costs 15,547 13,610
Income taxes receivable 2,691 1,810
Property and equipment, net 2,894 1,749
Other assets 7,718 21,231
Total assets 638,298 503,631
LIABILITIES AND SHAREHOLDERS' EQUITY    
Loss and loss adjustment expense reserves 97,340 78,330
Unearned premiums 253,960 192,424
Debt from consolidated variable interest entity 5,000 0
Deferred income taxes, net 5,627 1,341
Other liabilities 25,612 38,957
Total liabilities 387,539 311,052
Preferred stock, $0.01 par value, 1,000,000 shares authorized 0 0
Common stock, $0.01 par value, 25,000,000 shares authorized; 13,798,773 and 13,632,414 shares issued and outstanding, respectively 138 136
Additional paid-in capital 131,998 127,302
Accumulated other comprehensive income 3,985 7,718
Retained earnings 96,461 57,423
Total shareholders' equity attributable to Federated National Holding Company shareholders 232,582 192,579
Noncontrolling interest 18,177 0
Total shareholders' equity 250,759 192,579
Total liabilities and shareholders' equity $ 638,298 $ 503,631