Debt Debt (Tables)

3 Months Ended

Mar. 31, 2013

Debt Instrument [Line Items]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

Debt consists of the following instruments:

(in thousands)	March 31, 2013				December 31, 2012
	Principal		Fair Value		Principal		Fair Value
7.5% Senior notes due 2014	$	26,356	$	25,888	$	26,966	$	23,730
LROC preferred units due 2015	15,550		14,903		15,879		13,655
Subordinated debt	90,500		28,781		90,500		23,774
Total	$	132,406	$	69,572	$	133,345	$	61,159

Schedule of Subordinated Borrowing [Table Text Block]

Subordinated indebtedness mentioned above consists of the following trust preferred debt instruments:

Issuer	Principal	Issue date	Interest	Redemption date
Kingsway CT Statutory Trust I	15,000	12/4/2002	annual interest rate equal to LIBOR, plus 4.00% payable quarterly	12/4/2032
Kingsway CT Statutory Trust II	17,500	5/15/2003	annual interest rate equal to LIBOR, plus 4.10% payable quarterly	5/15/2033
Kingsway CT Statutory Trust III	20,000	10/29/2003	annual interest rate equal to LIBOR, plus 3.95% payable quarterly	10/29/2033
Kingsway DE Statutory Trust III	15,000	5/23/2003	annual interest rate equal to LIBOR, plus 4.20% payable quarterly	5/23/2033
Kingsway DE Statutory Trust IV	10,000	9/30/2003	annual interest rate equal to LIBOR, plus 3.85% payable quarterly	9/30/2033
Kingsway DE Statutory Trust VI	13,000	1/8/2004	annual interest rate equal to LIBOR, plus 4.00% payable quarterly	1/8/2034