Debt (Tables)

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

Debt consists of the following instruments at September 30, 2019 and December 31, 2018:

(in thousands)	September 30, 2019						December 31, 2018
	Principal		Carrying Value		Fair Value		Principal		Carrying Value		Fair Value
Bank loans:
PWSC Loan	$	1,877	$	1,877	$	1,856	$	3,917	$	3,917	$	3,829
KWH Loan	9,750		8,880		12,031		—		—		—
	11,627		10,757		13,887		3,917		3,917		3,829
Notes payable:
Mortgage	170,689		179,394		185,368		173,155		182,548		174,265
Flower Note	7,447		7,447		8,269		7,768		7,768		8,565
Net Lease Note	9,000		9,000		9,449		9,000		9,000		9,409
	187,136		195,841		203,086		189,923		199,316		192,239
Subordinated debt	90,500		50,565		50,565		90,500		50,023		50,023
Total	$	289,263	$	257,163	$	267,538	$	284,340	$	253,256	$	246,091

Schedule of Subordinated Debt

Subordinated debt consists of the following trust preferred debt instruments:

Issuer	Principal (in thousands)		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	5/22/2003	annual interest rate equal to LIBOR, plus 4.20% payable quarterly	5/22/2033
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	12/16/2003	annual interest rate equal to LIBOR, plus 4.00% payable quarterly	1/8/2034