CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost 2022 - $480,796; 2021 - $595,344)	$ 435,367	$ 597,145
Equity securities, at fair value (cost 2022 - $54,230; 2021 - $43,315)	57,692	44,062
Equity method investments	76,847	83,742
Other investments	116,016	97,663
Total investments	685,922	822,612
Cash and cash equivalents	37,766	26,668
Restricted cash and cash equivalents	23,702	39,419
Accrued investment income	8,481	5,695
Reinsurance balances receivable, net (includes $11,199 and $17,471 from related parties in 2022 and 2021, respectively)	13,439	19,507
Reinsurance recoverable on unpaid losses	554,846	562,845
Loan to related party	167,975	167,975
Deferred commission and other acquisition expenses (includes $28,135 and $34,170 from related parties in 2022 and 2021, respectively)	29,958	36,703
Funds withheld receivable (includes $598,408 and $601,460 from related parties in 2022 and 2021, respectively)	628,885	636,412
Other assets	5,216	4,774
Total assets	2,156,190	2,322,610
LIABILITIES
Reserve for loss and loss adjustment expenses (includes $1,129,568 and $1,338,269 from related parties in 2022 and 2021, respectively)	1,275,107	1,489,373
Unearned premiums (includes $75,530 and $91,730 from related parties in 2022 and 2021, respectively)	81,129	100,131
Deferred gain on retroactive reinsurance	45,995	48,960
Accrued expenses and other liabilities (includes $130,930 and $29,408 from related parties in 2022 and 2021, respectively)	150,567	44,542
Senior notes - principal amount	262,500	262,500
Less: unamortized debt issuance costs	7,041	7,153
Senior notes, net	255,459	255,347
Total liabilities	1,808,257	1,938,353
Commitments and Contingencies
EQUITY
Preference shares	119,672	159,210
Common shares ($0.01 par value; 93,414,080 and 92,316,107 shares issued in 2022 and 2021, respectively; 87,161,499 and 86,467,242 shares outstanding in 2022 and 2021, respectively)	934	923
Additional paid-in capital	772,241	768,650
Accumulated other comprehensive loss	(38,940)	(12,215)
Accumulated deficit	$ (470,949)	(498,295)
Treasury Stock, Common, Shares	6,252,581
Treasury shares, at cost (6,252,581 and 5,848,865 shares in 2022 and 2021, respectively)	$ (35,025)	(34,016)
Total shareholders’ equity	347,933	384,257
Total liabilities and equity	$ 2,156,190	$ 2,322,610