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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2016
EARNINGS PER SHARE [Abstract]  
Schedule of Computations of Basic and Diluted Net Income Per Common Share
The following table illustrates our computations of basic and diluted net income per share.

  
Three Months Ended March 31,
 
  
2016
  
2015
 
  
(in thousands, except per share data)
 
Net income attributable to Federated National Holding Company shareholders
 
$
9,535
  
$
9,284
 
Weighted average number of common shares outstanding - basic
  
13,826
   
13,656
 
Net income per share - basic
 
$
0.69
  
$
0.68
 
         
Weighted average number of common shares outstanding - basic
  
13,826
   
13,656
 
Dilutive effect of stock compensation plans
 
$
218
  
$
320
 
Weighted average number of common shares outstanding - diluted
  
14,044
   
13,976
 
Net income per share - diluted
 
$
0.68
  
$
0.66
 
         
Dividends per share
 
$
0.05
  
$
0.04