CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Investments:
Debt securities, available-for-sale, at fair value (amortized cost of $419,243 and $376,644, respectively)	$ 422,359	$ 374,756
Debt securities, held-to-maturity, at amortized cost	5,410	5,551
Equity securities, available-for-sale, at fair value (cost of $14,531 and $24,163, respectively)	15,575	29,375
Total investments (including $29,878 and $28,704 related to the VIE, respectively)	443,344	409,682
Cash and cash equivalents (including $13,952 and $15,668 related to the VIE, respectively)	81,535	74,593
Prepaid reinsurance premiums	189,957	156,932
Premiums receivable, net of allowance of $93 and $55, respectively (including $926 and $1,584 related to the VIE, respectively)	55,145	54,854
Reinsurance recoverable, net	338,015	48,530
Deferred acquisition costs	38,958	37,477
Income taxes receivable	20,707	13,871
Property and equipment, net	4,202	4,194
Other assets (including $2,699 and $635 related to the VIE, respectively)	9,607	11,509
TOTAL ASSETS	1,181,470	811,642
LIABILITIES:
Loss and loss adjustment expense reserves	461,541	158,476
Unearned premiums	312,227	294,022
Reinsurance payable	126,479	79,154
Debt from consolidated variable interest entity	4,925	4,909
Deferred income taxes, net	8,769	1,433
Other liabilities	38,766	35,792
Total liabilities	952,707	573,786
SHAREHOLDERS' EQUITY:
Preferred stock, $0.01 par value: 1,000,000 shares authorized
Common stock, $0.01 par value: 25,000,000 shares authorized; 13,053,281 and 13,473,120 shares issued and outstanding, respectively	130	134
Additional paid-in capital	139,161	136,779
Accumulated other comprehensive income	2,713	1,941
Retained earnings	70,265	80,275
Total shareholders’ equity attributable to Federated National Holding Company shareholders	212,269	219,129
Noncontrolling interest	16,494	18,727
Total shareholders' equity	228,763	237,856
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,181,470	$ 811,642