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Share Repurchase Plan
12 Months Ended
Dec. 31, 2012
Common Stock Repurchase Plan [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
Share Repurchase Plan

Fortegra has an active share repurchase plan which allows the Company to purchase up to $10.0 million in total of the Company's common stock to be purchased from time to time through open market or private transactions. The plan was approved by the Board of Directors in November 2011 and provides for shares to be repurchased for general corporate purposes, which may include serving as a resource for funding potential acquisitions and employee benefit plans. The timing, price and quantity of purchases are at the discretion of Fortegra. The plan may be discontinued or suspended at any time and has no expiration date. None of the shares repurchased during the years ended December 31, 2012 and 2011, respectively, have been retired.

The following table shows the shares repurchased during the following periods:
 
Years Ended December 31,
 
2012
 
2011
Shares repurchased during the period
508,080

 
471,554

Total cost of shares repurchased during the period
$
3,923

 
$
2,552

Average price paid per share for shares purchased during the period
$
7.72

 
$
5.41


From January 1, 2013 through March 29, 2013, the Company did not purchase any of its common stock under the share repurchase plan.