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The condensed consolidated financial statements include the results of the Company and its subsidiaries from their respective dates of inception or acquisition, as applicable. Readers are encouraged to review the Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2015 for a more complete description of the Company&#8217;s business and accounting policies. In the opinion of management, all adjustments necessary for a fair presentation of the condensed consolidated financial statements have been included. Such adjustments consist only of normal recurring items. Interim results are not necessarily indicative of results of operations for the full year. 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solar). The LLCs are managed by an affiliate of the Company's largest shareholder and the Company's Chairman and Chief Executive Officer has invested in certain of these LLCs. The equity method is used to account for the Company's LLC investments. Income for the LLCs primarily reflects adjustments to the carrying values of investments in renewable energy projects to their determined fair values. The fair value adjustments are included in revenues for the LLCs. Expenses for the LLCs are not significant and are comprised of administrative and interest expenses. The Company received cash distributions from these investments totaling $2.4 million and $3.1 million in the nine months ended September 30, 2016 and 2015, respectively. The Company has held investments in bridge loans for renewable energy projects. The notes, all with affiliates of the Company's largest shareholder, generally matured in less than one year and carried primarily variable rates of interest ranging from 7.3% to 15.0%. Original discounts and commitment fees received were recognized over the terms of the notes under the effective interest method. During the nine months ended September 30, 2016, the outstanding balance of a $6.5 million note was fully repaid. In the nine months ended September 30, 2015, the Company invested $36.3 million in these notes and received repayments of $7.0 million. The Company owns investments in limited partnerships that invest in concentrated portfolios of high yield bonds of companies undergoing financial stress, publicly-traded small cap equities, loans of middle market private equity sponsored companies, and equity tranches of collateralized loan obligations (CLOs). Income from the partnerships is recognized under the equity method of accounting. The Company's Corporate and Other segment held investments in limited partnerships of $2.3 million at September 30, 2016 and recognized investment income of $178,000 and investment losses of $665,000 for the nine months ended September 30, 2016 and 2015, respectively. The Chairman and Chief Executive Officer of the Company is an investor in one limited partnership held by the Corporate and Other segment. The Company's Excess and Surplus Lines segment holds investments in limited partnerships of $20.0 million at September 30, 2016. Investment income of $3.6 million was recognized on the investments for the nine months ended September 30, 2016. For the nine months ended September 30, 2015, investment losses of $447,000 were recognized on the investments. At September 30, 2016, the Company's Excess and Surplus Lines segment has an outstanding commitment to invest another $1.6 million in a limited partnership that invests in loans of middle market private equity sponsored companies. The Company holds $4.5 million of subordinated notes issued by a bank holding company. Interest on the notes, which matures August 12, 2023, is fixed at 7.6% per annum. Interest income on the notes was $257,000 in both nine months ended September 30, 2016 and 2015. The Company's Chairman and Chief Executive Officer is the Lead Independent Director of the bank holding company and is an investor in the bank holding company. Additionally, one of the Company's directors in an investor in the bank holding company and a lender to the bank holding company. The Company's Chief Financial Officer is a former investor in the bank holding company. 4870000 15597000 4324000 12958000 90873000 90873000 0001620459 jrvr:DividendPayableDateOneMember us-gaap:SubsequentEventMember 2016-10-022016-11-01 2016-11-01 2016-12-29 0001620459 jrvr:DividendPayableDateOneMember us-gaap:SubsequentEventMember 2016-11-01 0.30 0001620459 jrvr:DividendPayableDateTwoMember us-gaap:SubsequentEventMember 2016-10-022016-11-01 2016-11-01 2016-12-29 0001620459jrvr:DividendPayableDateTwoMember us-gaap:SubsequentEventMember 2016-11-01 1.35 659000 2745000 1976000 3956000 1948000 -1038000 3784000 -1112000 1700000 -840000 28547000 1620000 -8627000 143000 346000 2000 72000 736000