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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Significant Accounting Policies [Abstract]  
Schedule of changes in result of operations due to change in fiscal year
                                 
    Year Ended
December 31,
    Six Months Ended
December 31,
 
    2012     2011     2011     2010  
          (unaudited)           (unaudited)  

Revenues:

                               

Premiums earned

  $ 185,644     $ 167,224     $ 80,637     $ 86,454  

Commission and fee income

    32,574       29,911       14,769       14,341  

Investment income

    6,599       8,064       3,930       4,261  

Net realized gains (losses) on investments, available-for-sale

    3,242       (161     (232     (256
   

 

 

   

 

 

   

 

 

   

 

 

 
      228,059       205,038       99,104       104,800  
   

 

 

   

 

 

   

 

 

   

 

 

 

Costs and expenses:

                               

Losses and loss adjustment expenses

    148,223       129,525       65,753       65,395  

Insurance operating expenses

    82,127       79,075       38,154       36,896  

Other operating expenses

    922       1,181       494       678  

Stock-based compensation

    604       804       171       365  

Depreciation and amortization

    2,203       1,415       751       941  

Interest expense

    3,025       3,928       1,980       1,982  

Goodwill impairment

    —         73,524       21,090       —    
   

 

 

   

 

 

   

 

 

   

 

 

 
      237,104       289,452       128,393       106,257  
   

 

 

   

 

 

   

 

 

   

 

 

 

Loss before income taxes

    (9,045     (84,414     (29,289     (1,457

Provision (benefit) for income taxes

    (5     105       148       241  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net loss

  $ (9,040   $ (84,519   $ (29,437   $ (1,698
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic and diluted net loss per share

  $ (0.22   $ (1.76   $ (0.62   $ (0.04