CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investments:
Debt securities, available-for-sale, at amortized cost	$ 376,644	$ 338,021
Equity securities, available-for-sale at cost	24,163	33,581
Total investments	409,682	384,331
Cash and cash equivalents	74,593	53,038
Premiums receivable, net	54,854	38,594
Premiums receivable, allowance for credit losses	55	302
Other Assets	$ 11,509	$ 7,605
SHAREHOLDERS' EQUITY:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	13,473,120	13,798,773
Common stock, shares outstanding (in shares)	13,473,120	13,798,773
Monarch Delaware - Variable Interest Entity [Member]
Investments:
Debt securities, available-for-sale, at amortized cost	$ 27,100	$ 21,312
Total investments	28,704	22,670
Cash and cash equivalents	15,668	14,616
Premiums receivable, net	1,584	355
Other Assets	$ 1,910	$ 1,037