Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Jun. 30, 2011	Jun. 30, 2010
ASSETS
Investments, available-for-sale at fair value (amortized cost of $162,575, $177,300 and $187,907, respectively)	$ 172,825	$ 186,815	$ 196,550
Cash and cash equivalents	23,751	29,305	26,184
Premiums and fees receivable, net of allowance of $364, $406 and $418, respectively	41,313	40,447	41,276
Other assets	8,005	7,999	8,733
Property and equipment, net	3,315	2,533	3,524
Deferred acquisition costs	3,243	3,305	3,623
Goodwill	0	21,090	70,092
Identifiable intangible assets	4,800	4,800	6,360
TOTAL ASSETS	257,252	296,294	356,342
LIABILITIES AND STOCKHOLDERS' EQUITY
Loss and loss adjustment expense reserves	69,436	68,424	73,198
Unearned premiums and fees	50,464	50,772	52,563
Debentures payable	41,240	41,240	41,240
Other liabilities	13,383	13,630	12,151
Total liabilities	174,523	174,066	179,152
Stockholders' equity:
Preferred stock, $.01 par value, 10,000 shares authorized
Common stock, $.01 par value, 75,000 shares authorized; 40,928, 48,458 and 48,509 shares issued and outstanding, respectively	409	485	485
Additional paid-in capital	456,056	466,777	465,831
Accumulated other comprehensive income	10,250	9,515	8,643
Accumulated deficit	(383,986)	(354,549)	(297,769)
Total stockholders' equity	82,729	122,228	177,190
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 257,252	$ 296,294	$ 356,342