Comprehensive Income and Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (AOCI)

The following table illustrates the changes in the balance of each component of accumulated other comprehensive income (loss) for each period presented in the financial statements.

	Year Ended December 31,
	2016			2015			2014
	(in thousands)
Beginning balance	$	2,587		$	2,810		$	(4,295	)
Other comprehensive income (loss) before    reclassification		(3,231	)		(1,584	)		6,558
Amounts reclassified from accumulated other    comprehensive income		152			1,361			547
Net current period other comprehensive income (loss)		(3,079	)		(223	)		7,105
Ending balance	$	(492	)	$	2,587		$	2,810

Reclassification Out of Accumulated Other Comprehensive Income

The effects of reclassifications out of accumulated other comprehensive income by the respective line items of net income are presented in the following table.

Component of Accumulated Other Comprehensive Income	Year Ended December 31,									Affected line item in the statement of income
	2016			2015			2014
	(in thousands)
Unrealized losses on    available-for-sale securities	$	(234	)	$	(494	)	$	(825	)	Net realized gains (losses) on    investments
Other-than-temporary impairment		—			(1,600	)		(16	)	Net realized gains (losses) on    investments
		(234	)		(2,094	)		(841	)	Income before income taxes
		82			733			294		Income tax expense
	$	(152	)	$	(1,361	)	$	(547	)	Net income

Other Comprehensive Income

	Pre-Tax Amount			Tax Expense			Net-of-Tax Amount
	(in thousands)
December 31, 2016
Unrealized loss on securities:
Unrealized loss on available-for-sale securities	$	(4,908	)	$	(1,718	)	$	(3,190	)
Less amortization of differences between fair value    and amortized cost for fixed maturity security transfer		(63	)		(22	)		(41	)
Reclassification adjustment for gains realized     in net income		234			82			152
Net unrealized loss		(4,737	)		(1,658	)		(3,079	)
Other comprehensive income	$	(4,737	)	$	(1,658	)	$	(3,079	)
December 31, 2015
Unrealized loss on securities:
Unrealized loss on available-for-sale securities	$	(2,572	)	$	(900	)	$	(1,672	)
Change in unrealized losses on available-for-sale    securities with OTTI		176			62			114
Less amortization of differences between fair value and    amortized cost for fixed maturity security transfer		(40	)		(14	)		(26	)
Reclassification adjustment for gains realized     in net income		2,093			732			1,361
Net unrealized loss		(343	)		(120	)		(223	)
Other comprehensive income	$	(343	)	$	(120	)	$	(223	)
December 31, 2014
Unrealized gain on securities:
Unrealized gain on available-for-sale securities	$	10,133		$	3,546		$	6,587
Less amortization of differences between fair value    and amortized cost for fixed maturity security transfer		(44	)		(15	)		(29	)
Reclassification adjustment for gains realized     in net income		842			295			547
Net unrealized gain		10,931			3,826			7,105
Other comprehensive income	$	10,931		$	3,826		$	7,105