CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investments:
Debt securities, available-for-sale, at fair value (amortized cost of $376,644 and $338,021, respectively)	$ 374,756	$ 339,178
Debt securities, held-to-maturity, at amortized cost	5,551	6,619
Equity securities, available-for-sale, at fair value (cost of $24,163 and $33,581, respectively)	29,375	38,534
Total investments (including $28,704 and $22,670 related to the VIE, respectively)	409,682	384,331
Cash and cash equivalents (including $15,668 and $14,616 related to the VIE, respectively)	74,593	53,038
Prepaid reinsurance premiums	156,932	181,840
Premiums receivable, net of allowance of $55 and $302, respectively (including $1,584 and $355 related to the VIE, respectively)	54,854	38,594
Reinsurance recoverable, net	48,530	12,714
Deferred acquisition costs	38,962	15,547
Income taxes receivable	13,871	2,691
Property and equipment, net	4,194	2,894
Other assets (including $1,910 and $1,037 related to the VIE, respectively)	11,509	7,605
TOTAL ASSETS	813,127	699,254
LIABILITIES:
Loss and loss adjustment expense reserves	158,110	97,340
Unearned premiums	294,022	253,960
Reinsurance Payable	79,154	61,069
Debt from consolidated variable interest entity	4,909	4,887
Deferred income taxes, net	1,433	5,627
Other liabilities	37,643	25,612
Total liabilities	575,271	448,495
SHAREHOLDERS' EQUITY:
Preferred stock, $0.01 par value: 1,000,000 shares authorized
Common stock, $0.01 par value: 25,000,000 shares authorized; 13,473,120 and 13,798,773 shares issued and outstanding, respectively	134	138
Additional paid-in capital	136,779	131,998
Accumulated other comprehensive income	1,941	3,985
Retained earnings	80,275	96,461
Total shareholders’ equity attributable to Federated National Holding Company shareholders	219,129	232,582
Noncontrolling interest	18,727	18,177
Total shareholders' equity	237,856	250,759
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 813,127	$ 699,254