Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Investment securities:
Debt securities, at fair value (amortized cost of $141,951 and $129,313, respectively)	$ 146,888	$ 131,000
Equity securities, at fair value (cost of $13,167 and $6,554, respectively)	12,859	7,306
Short-term investments, at fair value	10,869	31,426
Total investments	170,616	169,732
Cash and cash equivalents	4,812	7,464
Premiums and agents' balances receivable, net	22,275	20,168
Receivable from Affiliate	281	313
Reinsurance recoverables on unpaid losses	20,892	22,579
Reinsurance recoverables on paid losses	5,463	5,155
Prepaid reinsurance premiums	4,194	1,250
Deferred policy acquisition costs	11,693	11,906
Other assets	9,787	8,698
Total assets	250,013	247,265
Liabilities:
Unpaid losses and loss adjustment expenses	106,734	107,246
Unearned premiums	52,120	51,503
Debt	38,842	35,824
Accounts payable and accrued expenses	9,037	9,967
Total liabilities	206,733	204,540
Commitments and contingencies	0	0
Shareholders' equity:
Common stock, no par value (100,000,000 shares authorized; 9,598,155 and 9,592,861 issued and outstanding, respectively)	92,275	91,816
Accumulated deficit	(52,800)	(49,580)
Accumulated other comprehensive income (loss)	3,805	489
Total shareholders' equity	43,280	42,725
Total liabilities and shareholders' equity	$ 250,013	$ 247,265