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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating Activities    
Net Income $ 10,157 $ 11,382
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Change in deferred acquisition costs (8,209) (1,546)
Depreciation and amortization 9,661 6,359
Deferred income tax expense (1,310) 695
Net realized investment (gains) losses (2,043) 6
Gain on sale of subsidiary 402 0
Stock-based compensation expense 1,033 707
Direct stock awards to employees 29 4
Amortization of premiums and accretion of discounts on investments 1,097 932
Non-controlling interests 868 62
Change in allowance for doubtful accounts (118) 0
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions:    
Accrued investment income 287 (186)
Accounts and premiums receivable, net (5,366) (4,884)
Other receivables (22,716) (6,897)
Reinsurance receivables (7,647) (2,444)
Income taxes receivable 2,919 (914)
Other assets (1,395) 2,224
Unpaid claims 264 (542)
Unearned premiums 13,771 3,185
Policyholder account balances (1,620) (1,817)
Accrued expenses, accounts payable and other liabilities 18,942 16,684
Income taxes payable 222 (1,344)
Deferred revenue 14,145 (1,187)
Net cash flows provided by operating activities 22,569 20,479
Investing Activities:    
Proceeds from maturities, calls and prepayments of available-for-sale investments 7,963 6,501
Proceeds from sales of available-for-sale investments 54,663 4,980
Net change in short-term investments 251 100
Purchases of available-for-sale investments (78,739) (31,934)
Purchases of property and equipment (2,971) (5,145)
Net paid for acquisitions of subsidiaries, net of cash received (3,112) (45)
Sale of subsidiary, net of cash paid 2,180 0
Net proceeds from (issuance of) notes receivable (663) (678)
Net proceeds from related party notes receivable 6,135 0
Change in restricted cash 2,350 (7,052)
Net cash flows used in investing activities (11,943) (33,273)
Financing activities    
Payments on notes payable (19,188) (126,200)
Proceeds from notes payable 12,500 124,368
Capitalized closing costs for notes payable   1,692
Net proceeds from exercise of stock options 49 19
Repurchase of shares of common stock, net of issuances (1,372) (3,923)
Net proceeds from stock issued in the Employee Stock Purchase Plan 152 167
Distributions to non-controlling interest partners (720) 0
Dividends paid to non-controlling interests (43) 0
Net cash flows used in financing activities (8,622) (7,261)
Net increase (decrease) in cash and cash equivalents 2,004 (20,055)
Cash and cash equivalents, beginning of period $ 15,209 $ 31,339