Company: MHLA
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001412100-25-000043
Chunk: 152

Company: Maiden Holdings, Ltd.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 8
Chunk 152
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 preferred stocks are direct investments in companies that the Company believes offer attractive risk adjusted returns or offer other strategic advantages. Each investment may have its own unique terms and conditions and there may be restrictions on disposals. There is no active market for these investments. The following table provides the cost and fair values of the equity securities held at March 31, 2025 and December 31, 2024: March 31, 2025December 31, 2024CostFair ValueCostFair ValuePrivately held common stocks$8,186 $5,768 $8,186 $6,778 Privately held preferred stocks5,250 6,082 5,250 6,369 Total equity securities$13,436 $11,850 $13,436 $13,147 All of the privately held securities held at March 31, 2025 are subject to contractual sale restrictions. Each of these investments are subject to agreements that restrict the transfer, sale, and indemnification of these privately held investments indefinitely. The Company must hold these shares indefinitely unless the investee's shares are registered with the SEC and qualified by state authorities, or until an exemption from such registration and qualification requirements may become available.   Fair Value Remaining duration of restrictionsNature of contractual sale restrictionsCircumstances that could cause a lapse in restrictionsPrivately held common stocks$5,768 IndefiniteThe Purchaser must hold the restricted shares indefinitely Registration of securities with the SEC or if exemption is availablePrivately held preferred stocks6,082 IndefiniteThe Purchaser must hold the restricted shares indefinitelyRegistration of securities with the SEC or if exemption is availableTotal equity securities subject to contractual sale restrictions$11,850  Equity Method InvestmentsThe equity method investments currently include real estate investments and other investments. The table below shows the carrying value of the Company's equity method investments as of March 31, 2025 and December 31, 2024: March 31, 2025December 31, 2024Carrying Value% of TotalCarrying Value% of TotalReal estate investments$58,140 73.7 %$57,541 70.8 %Other investments20,701 26.3 %23,746 29.2 %Total equity method investments$78,841 100.0 %$81,287 100.0 %The equity method investments above include limited partnerships which are