Fair Value (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Presentation of Carrying Values and Fair Values of Certain of Company's Financial Instruments

The carrying values and fair values of certain of the Company’s financial instruments were as follows (in thousands).

	June 30, 2013				December 31, 2012
	Carrying Value		Fair Value		Carrying Value		Fair Value
Assets:
Investments, available-for-sale	$	132,762	$	132,762	$	139,046	$	139,046
Other investments		1,727		1,727		—		—
Liabilities:
Debentures payable		40,281		12,588		40,261		12,723

Presentation of Fair-Value Measurements for Each Major Category of Assets Measured on Recurring Basis

The following tables present the fair-value measurements for each major category of assets that are measured on a recurring basis (in thousands).

			Fair Value Measurements Using
June 30, 2013	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	$	11,872	$	11,872	$	—	$	—
State		3,044		—		3,044		—
Political subdivisions		773		—		773		—
Revenue and assessment		16,134		—		16,134		—
Corporate bonds		69,320		—		69,320		—
Collateralized mortgage obligations:
Agency backed		9,334		—		9,334		—
Non-agency backed – residential		5,102		—		5,102		—
Non-agency backed – commercial		4,853		—		4,853		—
Redeemable preferred stocks		1,693		1,693		—		—
Total fixed maturities, available-for-sale		122,125		13,565		108,560		—
Mutual funds, available-for-sale		10,637		10,637		—		—
Total investments, available-for-sale		132,762		24,202		108,560		—
Limited partnership interests		1,727		—		—		1,727
Cash and cash equivalents		74,382		74,382		—		—
Total	$	208,871	$	98,584	$	108,560	$	1,727

			Fair Value Measurements Using
December 31, 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	$	12,110	$	12,110	$	—	$	—
State		4,111		—		4,111		—
Political subdivisions		790		—		790		—
Revenue and assessment		17,996		—		17,996		—
Corporate bonds		71,537		—		71,537		—
Collateralized mortgage obligations:
Agency backed		11,870		—		11,870		—
Non-agency backed – residential		5,472		—		5,472		—
Non-agency backed – commercial		5,109		—		5,109		—
Redeemable preferred stock		1,718		1,718		—		—
Total fixed maturities, available-for-sale		130,713		13,828		116,885		—
Mutual fund, available-for-sale		8,333		8,333		—		—
Total investments, available-for-sale		139,046		22,161		116,885		—
Cash and cash equivalents		59,104		59,104		—		—
Total	$	198,150	$	81,265	$	116,885	$	—