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Fair Value of Financial Instruments Level 3 (Tables)
6 Months Ended
Jun. 30, 2014
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
 
June 30, 2014
 
December 31, 2013
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Financial assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
10,657

 
$
10,657

 
$
21,681

 
$
21,681

Restricted cash
12,279

 
12,279

 
17,293

 
17,293

Fixed maturity securities:
 
 
 
 
 
 
 
Obligations of the U.S. Treasury and U.S. Government agencies
47,149

 
47,149

 
51,435

 
51,435

Municipal securities
34,124

 
34,124

 
24,547

 
24,547

Corporate securities
62,534

 
62,534

 
55,360

 
55,360

Obligations of foreign governments
1,009

 
1,009

 
409

 
409

Equity securities:
 
 
 
 
 
 
 
Common stock - publicly traded
47

 
47

 
47

 
47

Preferred stock - publicly traded
5,790

 
5,790

 
5,087

 
5,087

Common stock - non-publicly traded
51

 
51

 
51

 
51

Preferred stock - non-publicly traded
1,013

 
1,013

 
1,013

 
1,013

Notes receivable
18,297

 
18,297

 
11,920

 
11,920

Accounts and premiums receivable, net
15,743

 
15,743

 
18,702

 
18,702

Other receivables
29,941

 
29,941

 
33,409

 
33,409

Short-term investments
871

 
871

 
871

 
871

Total financial assets
$
239,505

 
$
239,505

 
$
241,825

 
$
241,825

 
 
 
 
 
 
 
 
Financial liabilities:
 
 
 
 
 
 
 
Notes payable
$
10,979

 
$
10,979

 
$
3,273

 
$
3,273

Preferred trust securities
35,000

 
35,000

 
35,000

 
35,000

Interest rate swap
2,619

 
2,619

 
2,930

 
2,930

Total financial liabilities
$
48,598

 
$
48,598

 
$
41,203

 
$
41,203

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The Company's financial assets and liabilities accounted for at fair value by level within the fair value hierarchy are as follows:
 
At June 30, 2014
 
 
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
$
47,149

$

$
47,149

$

Municipal securities
34,124


34,124


Corporate securities
62,534


62,534


Obligations of foreign governments
1,009


1,009


Equity securities:
 
 
 
 
Common stock - publicly traded
47

47



Preferred stock - publicly traded
5,790

5,790



Common stock - non-publicly traded
51



51

Preferred stock - non-publicly traded
1,013



1,013

Short-term investments
871

871



Total assets
$
152,588

$
6,708

$
144,816

$
1,064

 
 
 
 
 
Financial Liabilities:
 
 
 
 
Interest rate swap
$
2,619

$

$
2,619

$



 
At December 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
$
51,435

$

$
51,435

$

Municipal securities
24,547


24,547


Corporate securities
55,360


55,360


Obligations of foreign governments
409


409


Equity securities:
 
 
 
 
Common stock - publicly traded
47

47



Preferred stock - publicly traded
5,087

5,087



Common stock - non-publicly traded
51



51

Preferred stock - non-publicly traded
1,013



1,013

Short-term investments
871

871



Total Assets
$
138,820

$
6,005

$
131,751

$
1,064

 
 
 
 
 
Financial Liabilities:
 
 
 
 
Interest rate swap
$
2,930

$

$
2,930

$

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table presents the changes in Level 3 assets measured at fair value:
For the Six Months Ended June 30,
 
2014
 
2013
Beginning balance, January 1,
$
1,064

 
$
1,123

Total investment gains or losses (realized/unrealized):
 
 
 
Included in other comprehensive (loss)

 
(25
)
Transfers (out of) Level 3

 
(27
)
Ending balance, June 30,
$
1,064

 
$
1,071