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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components of Deferred Acquisition Costs
The following table is a summary of the components of DAC that are reported in the accompanying Consolidated Financial Statements.
Continuing Operations - Property and Casualty Insurance
2017
 
2016
 
2015
Recorded asset at beginning of year
$
93,362

 
$
90,547

 
$
72,861

Underwriting costs deferred
202,486

 
205,707

 
197,869

Amortization of deferred policy acquisition costs
(207,746
)
 
(202,892
)
 
(180,183
)
Recorded asset at end of year
$
88,102

 
$
93,362

 
$
90,547

 
 
 
 
 
 
Discontinued Operations - Life Insurance
 
 
 
 
 
Recorded asset at beginning of year
$
70,750

 
$
77,717

 
$
66,858

Underwriting costs deferred
5,463

 
5,564

 
6,113

Amortization of deferred policy acquisition costs
(5,181
)
 
(8,121
)
 
(6,634
)
 
$
71,032

 
$
75,160

 
$
66,337

Change in "shadow" deferred policy acquisition costs
119

 
(4,410
)
 
11,380

Recorded asset at end of year
$
71,151

 
$
70,750

 
$
77,717

 
 
 
 
 
 
Total
 
 
 
 
 
Recorded asset at beginning of year
$
164,112

 
$
168,264

 
$
139,719

Underwriting costs deferred
207,949

 
211,271

 
203,982

Amortization of deferred policy acquisition costs
(212,927
)
 
(211,013
)
 
(186,817
)
 
$
159,134

 
$
168,522

 
$
156,884

Change in "shadow" deferred policy acquisition costs
119

 
(4,410
)
 
11,380

Recorded asset at end of year
$
159,253

 
$
164,112

 
$
168,264
Schedule of Property and Equipment
The following table is a summary of the components of the property and equipment that are reported in the accompanying Consolidated Financial Statements.
 
2017
2016
Real estate:
 
 
Land
$
8,396

$
8,231

Buildings
48,677

41,119

Furniture and fixtures
4,645

4,711

Computer equipment and software
7,274

1,463

Airplane
—

—

Total property and equipment
$
68,992

$
55,524

Depreciation is computed primarily by the straight-line method over the following estimated useful lives:
 
Useful Life
Computer equipment and software
Three years
Furniture and fixtures
Seven years
Leasehold improvements
Shorter of the lease term or useful life of the asset
Real estate
Seven to thirty-nine years
Airplane
Five years