EARNINGS PER SHARE (Schedule of Calculation of Basic and Diluted Net Income Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
EARNINGS PER SHARE [Abstract]
Net income attributable to Federated National Holding Company shareholders	$ 3,145	$ 9,535
Weighted average number of common shares outstanding - basic (in shares)	13,432,000	13,826,000
Net income per share - basic (in dollars per share)	$ 0.23	$ 0.69
Dilutive effect of stock compensation plans (in shares)	127,000	218,000
Weighted average number of common shares outstanding - diluted (in shares)	13,559,000	14,044,000
Net income per share - diluted (in dollars per share)	$ 0.23	$ 0.68
Dividends per share	$ 0.08	$ 0.05