CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investments:
Debt securities, available-for-sale, at amortized cost	$ 375,189	$ 376,644
Equity securities, available-for-sale at cost	37,750	24,163
Total investments	425,461	409,682
Cash and cash equivalents	80,495	74,593
Premiums receivable, net	59,116	54,854
Premiums receivable, allowance for credit losses	70	55
Other Assets	$ 10,885	$ 11,509
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)	13,441,130	13,473,120
Common stock, shares outstanding (in shares)	13,441,130	13,473,120
Monarch Delaware - Variable Interest Entity [Member]
Investments:
Debt securities, available-for-sale, at amortized cost	$ 28,062	$ 27,100
Total investments	29,269	28,704
Cash and cash equivalents	14,199	15,668
Premiums receivable, net	864	1,584
Other Assets	$ 1,507	$ 1,910