10-Q Filing

ESSENT GROUP LTD. CIK: 1448893 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001448893-20-000081`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	a6302010q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 88 Cash Flow Statement 85 Stockholders Equity 14 Comprehensive Income 4

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$3.28B	USD	Point-in-time
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.21B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$3.35B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$4.35B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$59.37M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$78.87M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$78.54M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$57.64M	USD	Point-in-time
Total investments	`Investments`	$3.43B	USD	Point-in-time
Total investments	`Investments`	$4.43B	USD	Point-in-time
Cash	`Cash`	$71.35M	USD	Point-in-time
Unamortized deferred costs	`DeferredFinanceCostsGross`	$763.00K	USD	Point-in-time
Cash	`Cash`	$72.79M	USD	Point-in-time
Unamortized deferred costs	`DeferredFinanceCostsGross`	$477.00K	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$18.71M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$18.54M	USD	Point-in-time
Accounts receivable	`NotesReceivableNet`	$40.66M	USD	Point-in-time
Accounts receivable	`NotesReceivableNet`	$39.75M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$15.71M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$15.86M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $59,374 in 2020 and $57,639 in 2019)	`PropertyPlantAndEquipmentNet`	$15.46M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	98.39M	shares	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $59,374 in 2020 and $57,639 in 2019)	`PropertyPlantAndEquipmentNet`	$17.31M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	112.42M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	98.39M	shares	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$261.88M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$279.14M	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	112.42M	shares	Point-in-time
Other assets	`OtherAssets`	$18.37M	USD	Point-in-time
Other assets	`OtherAssets`	$27.61M	USD	Point-in-time
Total assets	`Assets`	$4.90B	USD	Point-in-time
Total assets	`Assets`	$3.87B	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$69.36M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$55.14M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$49.46M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$250.89M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$278.89M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$258.57M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$249.62M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$272.75M	USD	Point-in-time
Credit facility borrowings (at carrying value, less unamortized deferred costs of $477 in 2020 and $763 in 2019)	`LineOfCredit`	$224.24M	USD	Point-in-time
Credit facility borrowings (at carrying value, less unamortized deferred costs of $477 in 2020 and $763 in 2019)	`LineOfCredit`	$424.52M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$66.47M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$69.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$888.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.28B	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 112,423 shares in 2020 and 98,394 shares in 2019	`CommonStockValue`	$1.69M	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 112,423 shares in 2020 and 98,394 shares in 2019	`CommonStockValue`	$1.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.12B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$120.40M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$56.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.81B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.94B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.62B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.70B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.98B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.87B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.90B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net premiums written	`PremiumsWrittenNet`	$397.65M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$188.40M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$366.05M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$205.90M	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$20.32M	USD	2 Qtrs
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$5.57M	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$86.00K	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$233.00K	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$417.97M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$211.47M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$188.49M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$366.28M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$40.50M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$19.87M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$40.46M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$20.58M	USD	1 Quarter
Realized investment gains (losses), net	`RealizedInvestmentGainsLosses`	$583.00K	USD	1 Quarter
Realized investment gains (losses), net	`RealizedInvestmentGainsLosses`	$1.87M	USD	2 Qtrs
Realized investment gains (losses), net	`RealizedInvestmentGainsLosses`	$1.24M	USD	2 Qtrs
Realized investment gains (losses), net	`RealizedInvestmentGainsLosses`	$-1.27M	USD	1 Quarter
Other income	`OtherIncome`	$2.24M	USD	1 Quarter
Other income	`OtherIncome`	$4.58M	USD	2 Qtrs
Other income	`OtherIncome`	$4.43M	USD	2 Qtrs
Other income	`OtherIncome`	$6.01M	USD	1 Quarter
Total revenues	`Revenues`	$236.08M	USD	1 Quarter
Total revenues	`Revenues`	$211.89M	USD	1 Quarter
Total revenues	`Revenues`	$464.92M	USD	2 Qtrs
Total revenues	`Revenues`	$412.42M	USD	2 Qtrs
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$183.94M	USD	2 Qtrs
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$12.07M	USD	2 Qtrs
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$175.88M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$4.96M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$41.52M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$38.82M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$82.55M	USD	2 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$80.77M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.57M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.68M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.35M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.70M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$269.40M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$49.16M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$99.97M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$217.26M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$162.73M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$195.51M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.82M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$312.45M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$26.33M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$48.33M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.44M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$30.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$164.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$136.41M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.65	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.39	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.70	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.64	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.69	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.39	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	102.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.70M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.22M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.14M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	102.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.47M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.17M	shares	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.38M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$264.12M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$164.90M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$136.41M	USD	1 Quarter
Change in unrealized appreciation of investments, net of tax expense of $17,592 and $7,094 in the three months ended June 30, 2020 and 2019 and $10,613 and $15,045 in the six months ended June 30, 2020 and 2019	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$35.99M	USD	1 Quarter
Change in unrealized appreciation of investments, net of tax expense of $17,592 and $7,094 in the three months ended June 30, 2020 and 2019 and $10,613 and $15,045 in the six months ended June 30, 2020 and 2019	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$74.35M	USD	2 Qtrs
Change in unrealized appreciation of investments, net of tax expense of $17,592 and $7,094 in the three months ended June 30, 2020 and 2019 and $10,613 and $15,045 in the six months ended June 30, 2020 and 2019	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$64.21M	USD	2 Qtrs
Change in unrealized appreciation of investments, net of tax expense of $17,592 and $7,094 in the three months ended June 30, 2020 and 2019 and $10,613 and $15,045 in the six months ended June 30, 2020 and 2019	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$74.28M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$74.28M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$35.99M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$74.35M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$64.21M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$338.48M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$229.11M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$172.39M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$89.67M	USD	1 Quarter

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$164.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$136.41M	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$583.00K	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.87M	USD	2 Qtrs
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.24M	USD	2 Qtrs
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$-1.27M	USD	1 Quarter
Equity in net loss (income) of other invested assets	`IncomeLossFromEquityMethodInvestments`	$228.00K	USD	2 Qtrs
Equity in net loss (income) of other invested assets	`IncomeLossFromEquityMethodInvestments`	$-291.00K	USD	2 Qtrs
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	2 Qtrs
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$794.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.74M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.83M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.32M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.35M	USD	2 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$7.46M	USD	2 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$11.55M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$13.53M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$-4.53M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$28.97M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$12.51M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$176.00K	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$760.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.51M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.24M	USD	2 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$151.00K	USD	2 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-219.00K	USD	2 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$59.50M	USD	Annual
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$28.00M	USD	2 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$17.25M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.83M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.62M	USD	2 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$181.53M	USD	2 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$5.67M	USD	2 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-233.00K	USD	2 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-20.32M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.79M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-11.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$345.79M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$265.48M	USD	2 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$97.07M	USD	2 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$815.59M	USD	2 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$541.19M	USD	2 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$498.21M	USD	2 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$39.53M	USD	2 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$113.22M	USD	2 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$299.44M	USD	2 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$299.15M	USD	2 Qtrs
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$39.41M	USD	2 Qtrs
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$6.62M	USD	2 Qtrs
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$7.08M	USD	2 Qtrs
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$556.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.77M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$934.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-944.89M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-296.94M	USD	2 Qtrs
Issuance of common shares, net of costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Issuance of common shares, net of costs	`ProceedsFromIssuanceOfCommonStock`	$440.50M	USD	2 Qtrs
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$200.00M	USD	2 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$8.22M	USD	2 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$6.35M	USD	2 Qtrs
Payment of issuance costs for credit facility	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of issuance costs for credit facility	`PaymentsOfDebtIssuanceCosts`	$15.00K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$33.60M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.24M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$600.54M	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.44M	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-39.69M	USD	2 Qtrs
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.35M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.25M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.95M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.79M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.35M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.25M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.95M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.79M	USD	Point-in-time
Income tax payments	`IncomeTaxesPaid`	$21.00M	USD	2 Qtrs
Income tax payments	`IncomeTaxesPaid`	$10.00M	USD	2 Qtrs
Interest payments	`InterestPaidNet`	$5.18M	USD	2 Qtrs
Interest payments	`InterestPaidNet`	$4.28M	USD	2 Qtrs
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$18.00K	USD	2 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Stockholders equity, beginning of period	`StockholdersEquity`	$3.62B	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$2.70B	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$2.98B	USD	Point-in-time
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$74.28M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$35.99M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$74.35M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$64.21M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.38M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$264.12M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$164.90M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$136.41M	USD	1 Quarter
Stockholders equity, end of period	`StockholdersEquity`	$3.62B	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$2.70B	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$2.98B	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$10.61M	USD	2 Qtrs
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$17.59M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$7.09M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$15.04M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.