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Fair Value (Tables)
9 Months Ended
Sep. 30, 2012
Fair Value [Abstract]  
Presentation of carrying values and fair values of certain of the Company's financial instruments
                                 
    September 30, 2012     December 31, 2011  
    Carrying
Value
    Fair
Value
    Carrying
Value
    Fair
Value
 

Assets:

                               

Investments, available-for-sale

  $ 126,539     $ 126,539     $ 172,825     $ 172,825  

Liabilities:

                               

Debentures payable

    41,240       11,758       41,240       14,868  
Presentation of fair-value measurements for each major category of assets measured on a recurring basis
                                 
          Fair Value Measurements Using  

September 30, 2012

  Total     Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs

(Level 3)
 

Fixed maturities, available-for-sale:

                               

U.S. government and agencies

  $ 18,202     $ 18,202     $ —       $ —    

State

    4,157       —         4,157       —    

Political subdivisions

    795       —         795       —    

Revenue and assessment

    21,238       —         21,238       —    

Corporate bonds

    48,177       —         48,177       —    

Collateralized mortgage obligations:

                               

Agency backed

    13,176       —         13,176       —    

Non-agency backed – residential

    5,555       —         5,555       —    

Non-agency backed – commercial

    5,309       —         5,309       —    

Redeemable preferred stock

    1,746       1,746       —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed maturities, available-for-sale

    118,355       19,948       98,407       —    

Investment in mutual fund, available-for-sale

    8,184       8,184       —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total investments, available-for-sale

    126,539       28,132       98,407       —    

Cash and cash equivalents

    37,013       37,013       —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 163,552     $ 65,145     $ 98,407     $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

 

                                 
          Fair Value Measurements Using  

December 31, 2011

  Total     Quoted Prices
in Active
Markets for
Identical Assets

(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs

(Level 3)
 

Fixed maturities, available-for-sale:

                               

U.S. government and agencies

  $ 25,528     $ 25,528     $ —       $ —    

State

    6,387       —         6,387       —    

Political subdivisions

    781       —         781       —    

Revenue and assessment

    25,432       —         25,432       —    

Corporate bonds

    77,297       —         77,297       —    

Collateralized mortgage obligations:

                               

Agency backed

    18,133       —         18,133       —    

Non-agency backed – residential

    5,429       —         5,429       —    

Non-agency backed – commercial

    6,125       —         6,125       —    

Redeemable preferred stock

    169       169       —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed maturities, available-for-sale

    165,281       25,697       139,584       —    

Investment in mutual fund, available-for-sale

    7,544       7,544       —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total investments, available-for-sale

    172,825       33,241       139,584       —    

Cash and cash equivalents

    23,751       23,751       —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 196,576     $ 56,992     $ 139,584     $ —