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Shareholders' Equity
3 Months Ended
Mar. 31, 2019
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Shareholders' Equity
a)
Common Shares
At March 31, 2019, the aggregate authorized share capital of the Company is 150,000,000 shares from which the Company has issued 88,054,315 common shares, of which 83,064,173 common shares are outstanding, and 18,600,000 preference shares, all of which are outstanding. The remaining 43,345,685 shares are undesignated at March 31, 2019. For further discussion on the components of Shareholders' Equity, please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2018.
b)
Treasury Shares
During the three months ended March 31, 2019, the Company repurchased a total of 182 (2018 - 29,391) shares at an average price per share of $1.48 (2018 - $6.57) from employees, which represent withholdings in respect of tax obligations on the vesting of restricted shares and performance based shares.
During the three months ended March 31, 2019 and 2018, no shares were repurchased under the Company's share repurchase plan which has a remaining authorization of $74,245 at March 31, 2019 (December 31, 2018 - $74,245).
c)
Accumulated Other Comprehensive Loss
The following tables set forth financial information regarding the changes in the balances of each component of AOCI:
For the Three Months Ended March 31, 2019
 
Change in net unrealized gains on investment
 
Foreign currency translation adjustments
 
Total
Beginning balance
 
$
(59,762
)
 
$
(5,932
)
 
$
(65,694
)
Other comprehensive income before reclassifications
 
48,988

 
3,998

 
52,986

Amounts reclassified from AOCI to net loss, net of tax
 
12,488

 

 
12,488

Net current period other comprehensive income
 
61,476

 
3,998

 
65,474

Ending balance, Maiden shareholders
 
$
1,714

 
$
(1,934
)
 
$
(220
)
 
 
 
 
 
 
 
For the Three Months Ended March 31, 2018
 
Change in net unrealized gains on investment
 
Foreign currency translation adjustments
 
Total
Beginning balance
 
$
21,889

 
$
(8,583
)
 
$
13,306

Other comprehensive loss before reclassifications
 
(66,828
)
 
(7,940
)
 
(74,768
)
Amounts reclassified from AOCI to net income, net of tax
 
(1,490
)
 

 
(1,490
)
Net current period other comprehensive loss
 
(68,318
)
 
(7,940
)
 
(76,258
)
Ending balance
 
(46,429
)
 
(16,523
)
 
(62,952
)
Less: AOCI attributable to noncontrolling interest
 

 
(37
)
 
(37
)
Ending balance, Maiden shareholders
 
$
(46,429
)
 
$
(16,486
)
 
$
(62,915
)