Share Repurchase Plan

12 Months Ended

Dec. 31, 2013

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 $15.0 million in total of the Company's common stock to be purchased from time to time through open market or private transactions. The Board of Directors approved a $10.0 million share repurchase plan in November 2011 and in August 2013 increased the size of the plan by $5.0 million. At December 31, 2013, the Company had $7.2 million still available for repurchase under the plan. The share repurchase plan has no expiration date 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, 2013 and 2012, respectively, have been retired. The following table shows the shares repurchased during the following periods:

	For the Years Ended December 31,
	2013		2012
Shares repurchased during the period	200,000		508,080
Total cost of shares repurchased during the period	$	1,357	$	3,923
Average price paid per share for shares purchased during the period	$	6.79	$	7.72