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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Investments held in trust, at fair value:    
Fixed-maturity securities, at fair value $ 99,055 $ 60,641
Cash equivalents held in trust 3,687 11,122
Total investments held in trust 36,258 63,700
Cash and cash equivalents 9,924 78,009
Restricted cash 571,440 2,447
Accrued investment income 235 476
Deferred offering costs   2,568
Other assets 719 876
Total assets 685,060 156,139
Liabilities:    
Notes payable - principal 21,743 31,220
Notes payable - interest 236 338
Losses and loss adjustment reserves 5,063 18,947
Losses payable 405 696
Unearned premiums 761 1,094
Accrued ceding commissions 33 44
Loss contract fair market value reserve 9,623 12,549
Derivative liability - embedded conversion feature 120,848  
Other liabilities 14,357 3,021
Total liabilities $ 173,069 $ 67,909
Commitments and contingencies
Redeemable convertible series B preferred stock, $0.00001 par value; 600,000 and zero shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively; aggregate liquidation preference of $600,000,000 and zero as of December 31, 2015 and December 31, 2014, respectively $ 502,213  
Stockholders’ equity:    
Common stock, $0.00001 par value; 3,500,000,000 authorized; 206,168,035 and 202,343,245 shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively. 2 $ 2
Additional paid-in capital 107,757 106,628
Accumulated (deficit) (97,981) (18,400)
Total stockholders’ equity 9,778 88,230
Total liabilities, redeemable convertible preferred stock and stockholders’ equity $ 685,060 $ 156,139
Convertible Series A Preferred Stock [Member]    
Stockholders’ equity:    
Convertible preferred stock value
Fixed-Maturity Securities Held in Trust [Member]    
Investments held in trust, at fair value:    
Fixed-maturity securities, at fair value $ 32,571 $ 52,578
Unrestricted Fixed-Maturity Securities [Member]    
Investments held in trust, at fair value:    
Fixed-maturity securities, at fair value $ 66,484 $ 8,063