Fair Value of Financial Instruments Level 3 (Tables)

3 Months Ended

Mar. 31, 2013

Sep. 30, 2012

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]

The carrying and fair values of financial instruments are as follows:	At
	March 31, 2013				December 31, 2012
	Carrying Value		Fair Value		Carrying Value		Fair Value
Financial assets:
Cash and cash equivalents	$	14,339	$	14,339	$	15,209	$	15,209
Fixed maturity securities:
Obligations of the U.S. Treasury and U.S. Government agencies	27,379		27,379		23,178		23,178
Municipal securities	18,777		18,777		17,041		17,041
Corporate securities	71,689		71,689		70,008		70,008
Mortgage-backed securities	196		196		289		289
Asset-backed securities	61		61		125		125
Equity securities:
Common stock - publicly traded	44		44		42		42
Preferred stock - publicly traded	6,186		6,186		5,107		5,107
Common stock - non-publicly traded	58		58		58		58
Preferred stock - non-publicly traded	1,013		1,013		1,013		1,013
Notes receivable	5,045		5,045		11,290		11,290
Accounts and premiums receivable, net	33,883		33,883		27,026		27,026
Other receivables	28,189		28,189		13,511		13,511
Short-term investments	1,222		1,222		1,222		1,222
Total financial assets	$	208,081	$	208,081	$	185,119	$	185,119
Financial liabilities:
Notes payable	$	91,750	$	91,750	$	89,438	$	89,438
Preferred trust securities	35,000		35,000		35,000		35,000
Interest rate swap	4,029		4,029		4,338		4,338
Total financial liabilities	$	130,779	$	130,779	$	128,776	$	128,776

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

At December 31, 2012			Fair Value Measurements Using:
			Quoted prices in active markets for identical assets		Significant other observable inputs		Significant unobservable inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets:
Fixed maturity securities:
Obligations of the U.S. Treasury and U.S. Government agencies	$	23,178	$	—	$	23,178	$	—
Municipal securities	17,041		—		17,041		—
Corporate securities	70,008		—		69,956		52
Mortgage-backed securities	289		—		289		—
Asset-backed securities	125		—		125		—
Equity securities:
Common stock - publicly traded	42		42		—		—
Preferred stock - publicly traded	5,107		5,107		—		—
Common stock - non-publicly traded	58		—		—		58
Preferred stock - non-publicly traded	1,013		—		—		1,013
Short-term investments	1,222		1,222		—		—
Total Assets	$	118,083	$	6,371	$	110,589	$	1,123
Financial Liabilities:
Interest rate swap	$	4,338	$	—	$	4,338	$	—

The Company's financial assets and liabilities accounted for at fair value by level within the fair value hierarchy are as follows:

March 31, 2013			Fair Value Measurements Using:
			Quoted prices in active markets for identical assets		Significant other observable inputs		Significant unobservable inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets:
Fixed maturity securities:
Obligations of the U.S. Treasury and U.S. Government agencies	$	27,379	$	—	$	27,379	$	—
Municipal securities	18,777		—		18,777		—
Corporate securities	71,689		—		71,689		—
Mortgage-backed securities	196		—		196		—
Asset-backed securities	61		—		61		—
Equity securities:
Common stock - publicly traded	44		44		—		—
Preferred stock - publicly traded	6,186		6,186		—		—
Common stock - non-publicly traded	58		—		—		58
Preferred stock - non-publicly traded	1,013		—		—		1,013
Short-term investments	1,222		1,222		—		—
Total assets	$	126,625	$	7,452	$	118,102	$	1,071
Financial Liabilities:
Interest rate swap	$	4,029	$	—	$	4,029	$	—

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

There were no transfers between Level 1 and Level 2 for the three months ended March 31, 2013. For the three months ended March 31, 2013, 1 corporate security was transferred from Level 3 to Level 2. This transfer occurred due to the availability of Level 2 pricing for the corporate security, which was unavailable in prior periods. The Company's use of Level 3 unobservable inputs included 6 individual securities that accounted for 0.8% of total investments at March 31, 2013. The Company utilized an independent third party pricing service to value 4 of the Level 3 securities. The value of 2 equity securities in Level 3, which are non-publicly traded preferred stocks, were calculated by the Company. One of the equity securities, with a value of $1.0 million was valued by taking into account the strength of the issuer's parent company guaranteeing the dividend of the issuer. The second Level 3 equity security, with a value of $13.0 thousand was valued by estimating the total value of the Class-A shares outstanding by the issuer and a review of the company's audited financial statements. At December 31, 2012, the Company had 7 individual securities valued under Level 3 that accounted for 1.0% of total investments.

The following table summarizes the changes in Level 3 assets measured at fair value:	For the Three Months Ended
	March 31, 2013			March 31, 2012
Beginning balance, January 1,	$	1,123		$	1,204
Total realized (unrealized) investment gains (losses):
Included in net income	—			—
Included in other comprehensive (loss)	(25		)	(22		)
Sales	—			(22		)
Transfers (out of) Level 3	(27		)	(1		)
Ending balance, March 31,	$	1,071		$	1,159