$537,906,000 Assets
$+348,774,000 Liabilities (negative liability)
=
$886,680
-$400,000,000 (surplus note remaining)
-$134,500,000 (preferred share liability)
-$130,000,000 (future 10% loss on net par outstanding)
+$50,000,000 (Macquarie settlement)
+$250,000,000 (American Roads sale @ $420MM)
+$50,000,000 (Puerto Rico recovery net)
+$20,000,000 (Detroit activity)
=
$592,180,000 / 87,000,000 common = $6.81/share