CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investments:
Debt securities, available-for-sale, at fair value (amortized cost of $375,189 and $376,644, respectively)	$ 375,970	$ 374,756
Debt securities, held-to-maturity, at amortized cost	5,488	5,551
Equity securities, available-for-sale, at fair value (cost of $37,750 and $24,163, respectively)	44,003	29,375
Total investments (including $29,269 and $28,704 related to the VIE, respectively)	425,461	409,682
Cash and cash equivalents (including $14,199 and $15,668 related to the VIE, respectively)	80,495	74,593
Prepaid reinsurance premiums	112,457	156,932
Premiums receivable, net of allowance of $70 and $55, respectively (including $864 and $1,584 related to the VIE, respectively)	59,116	54,854
Reinsurance recoverable, net	50,453	48,530
Deferred acquisition costs	39,306	38,962
Income taxes receivable	5,748	13,871
Property and equipment, net	4,243	4,194
Other assets (including $1,507 and $1,910 related to the VIE, respectively)	10,885	11,509
TOTAL ASSETS	788,164	813,127
LIABILITIES:
Loss and loss adjustment expense reserves	154,337	158,110
Unearned premiums	292,095	294,022
Reinsurance payable	54,431	79,154
Debt from consolidated variable interest entity	4,914	4,909
Deferred income taxes, net	3,462	1,433
Other liabilities	37,890	37,643
Total liabilities	547,129	575,271
SHAREHOLDERS' EQUITY:
Preferred stock, $0.01 par value: 1,000,000 shares authorized
Common stock, $0.01 par value: 25,000,000 shares authorized; 13,441,130 and 13,473,120 shares issued and outstanding, respectively	134	134
Additional paid-in capital	137,446	136,779
Accumulated other comprehensive income	4,226	1,941
Retained earnings	80,495	80,275
Total shareholders’ equity attributable to Federated National Holding Company shareholders	222,301	219,129
Noncontrolling interest	18,734	18,727
Total shareholders' equity	241,035	237,856
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 788,164	$ 813,127