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LOSS AND LOSS ADJUSTMENT EXPENSE (“LAE”) RESERVES (Activity in Liability for Loss and LAE Reserves) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
LOSS AND LOSS ADJUSTMENT EXPENSE (“LAE”) RESERVES [Abstract]    
Gross reserves, beginning of period $ 158,110 $ 97,340
Less: reinsurance recoverable [1] (41,079) (7,496)
Net reserves, beginning of period 117,031 89,844
Incurred loss, net of reinsurance, related to:    
Current year 50,674 30,093
Prior years 157 (548)
Total incurred loss and LAE, net of reinsurance 50,831 29,545
Paid loss, net of reinsurance, related to:    
Current year 15,461 9,221
Prior years 33,945 19,710
Total paid loss and LAE, net of reinsurance 49,406 28,931
Net reserves, end of period 118,456 90,458
Plus: reinsurance recoverable [1] 35,881 11,157
Gross reserves, end of period $ 154,337 $ 101,615
[1] Reinsurance recoverable in this table includes only ceded loss and LAE reserves.