CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
ASSETS
Investments, available-for-sale at fair value (amortized cost of $115,854 and $126,873, respectively)	$ 121,513	$ 130,248
Cash and cash equivalents	96,496	72,033
Premiums and fees receivable, net of allowance of $445 and $311	58,401	46,228
Other investments	9,922	7,513
Other assets	6,320	6,471
Property and equipment, net	3,187	3,512
Deferred acquisition costs	3,776	2,902
Identifiable intangible assets	4,800	4,800
TOTAL ASSETS	304,415	273,707
LIABILITIES AND STOCKHOLDERS’ EQUITY
Loss and loss adjustment expense reserves	91,244	84,286
Unearned premiums and fees	70,235	55,983
Debentures payable	40,330	40,301
Other liabilities	17,115	16,205
Total liabilities	218,924	196,775
Stockholders’ equity:
Preferred stock, $.01 par value, 10,000 shares authorized
Common stock, $.01 par value, 75,000 shares authorized; 41,000 and 40,983 shares issued and outstanding, respectively	410	410
Additional paid-in capital	457,168	456,993
Accumulated other comprehensive income	5,659	3,375
Accumulated deficit	(377,746)	(383,846)
Total stockholders’ equity	85,491	76,932
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 304,415	$ 273,707