Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2017

Fair Value of Financial Instruments [Abstract]

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

The Company employs a fair value hierarchy to categorize the inputs it uses in valuation techniques to measure the fair value. The extent of use of quoted market prices (Level 1), valuation models using observable market information (Level 2) and internal models without observable market information (Level 3) in the valuation of the Company's financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016 was as follows:

(in thousands)					June 30, 2017
			Fair Value Measurements at the End of the Reporting Period Using
	Total		Quoted Prices in Active Markets for Identical Assets(Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Recurring fair value measurements:
Assets:
Fixed maturities:
U.S. government, government agencies and authorities	$	26,904	$	—	$	26,904	$	—
States, municipalities and political subdivisions	3,694		—		3,694		—
Mortgage-backed	8,353		—		8,353		—
Asset-backed securities and collateralized mortgage obligations	2,195		—		2,195		—
Corporate	15,819		—		15,819		—
Total fixed maturities	56,965		—		56,965		—
Equity investments:
Common stock	17,616		17,616		—		—
Warrants	1,825		638		1,187		—
Total equity investments	19,441		18,254		1,187		—
Limited liability investment, at fair value	8,220		—		8,220		—
Other investments	7,550		—		7,550		—
Short-term investments	151		—		151		—
Total assets	$	92,327	$	18,254	$	74,073	$	—
Liabilities:
Subordinated debt	$	48,210	$	—	$	48,210	$	—
Total liabilities	$	48,210	$	—	$	48,210	$	—

(in thousands)					December 31, 2016
			Fair Value Measurements at the End of the Reporting Period Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Recurring fair value measurements:
Assets:
Fixed maturities:
U.S. government, government agencies and authorities	$	28,148	$	—	$	28,148	$	—
States municipalities and political subdivisions	3,088		—		3,088		—
Mortgage-backed	8,506		—		8,506		—
Asset-backed securities and collateralized mortgage obligations	3,467		—		3,467		—
Corporate	18,555		—		18,555		—
Total fixed maturities	61,764		—		61,764		—
Equity investments:
Common stock	21,426		21,426		—		—
Warrants	1,804		664		1,140		—
Total equity investments	23,230		22,090		1,140		—
Limited liability investment, at fair value	10,700		—		10,700		—
Other investments	7,975		—		7,975		—
Short-term investments	401		—		401		—
Total assets	$	104,070	$	22,090	$	81,980	$	—
Liabilities:
Subordinated debt	$	43,619	$	—	$	43,619	$	—
Contingent consideration	325		—		—		325
Total liabilities	$	43,944	$	—	$	43,619	$	325

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table provides a reconciliation of the fair value of recurring Level 3 fair value measurements for the three and six months endedJune 30, 2017 and June 30, 2016:

(in thousands)	Three months ended June 30,						Six months ended June 30,
	2017			2016			2017			2016
Contingent consideration:
Beginning balance	$	325		$	1,982		$	325		$	1,982
Settlement of contingent consideration liabilities	(113		)	(1,000		)	(113		)	(1,000		)
Change in fair value of contingent consideration included in net loss	(212		)	(657		)	(212		)	(657		)
Ending balance	$	—		$	325		$	—		$	325