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FAIR VALUE (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
The Company’s financial instruments measured at fair value on a recurring basis and the level of the fair value hierarchy of inputs used consisted of the following:

 
March 31, 2018

 
Level 1
 
Level 2
 
Level 3
 
Total

 
(In thousands)
Debt securities - available-for-sale, at fair value:
 
 
 
 
 
 
 
 
United States government obligations and authorities
 
$
77,109

 
$
52,601

 
$

 
$
129,710

Obligations of states and political subdivisions
 

 
23,302

 

 
23,302

Corporate securities
 

 
258,518

 

 
258,518

International securities
 

 
17,927

 

 
17,927

Debt securities, at fair value
 
77,109

 
352,348

 

 
429,457


 
 
 
 
 
 
 
 
Equity securities, at fair value
 
16,515

 

 

 
16,515


 
 
 
 
 
 
 
 
Total investments, at fair value
 
$
93,624

 
$
352,348

 
$

 
$
445,972

໿

 
December 31, 2017

 
Level 1
 
Level 2
 
Level 3
 
Total

 
(In thousands)
Debt securities - available-for-sale, at fair value:
 
 
 
 
 
 
 
 
United States government obligations and authorities
 
$
51,219

 
$
46,918

 
$

 
$
98,137

Obligations of states and political subdivisions
 

 
66,266

 

 
66,266

Corporate securities
 

 
240,919

 

 
240,919

International securities
 

 
17,916

 

 
17,916

Debt securities, at fair value
 
51,219

 
372,019

 

 
423,238


 
 
 
 
 
 
 
 
Equity securities, at fair value
 
15,434

 

 

 
15,434


 
 
 
 
 
 
 
 
Total investments, at fair value
 
$
66,653

 
$
372,019

 
$

 
$
438,672