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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities:    
Net income attributable to Fortegra Financial Corporation $ 6,174 $ 6,935
Adjustments to reconcile net income to net cash flows (used in) provided by operating activities:    
Change in deferred acquisition costs 10,201 (6,359)
Depreciation and amortization 5,113 6,413
Deferred income tax (benefit) - continuing operations (1,508) (553)
Deferred income tax expense - discontinued operations 0 369
Net realized investment gains (5) (1,287)
Gain on sale of subsidiary 0 402
Loss on note receivable 1,317 0
Stock-based compensation expense 613 675
Direct stock awards to employees 1 2
Amortization of premiums and accretion of discounts on investments 885 753
Non-controlling interests 1,463 1,003
Change in allowance for doubtful accounts (308) (55)
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions:    
Accrued investment income (229) 13
Accounts and premiums receivable, net 3,293 (9,750)
Other receivables 3,355 (19,456)
Reinsurance receivables (3,990) 3,934
Income taxes receivable 0 2,919
Other assets (1,513) (525)
Unpaid claims 3,817 (1,483)
Unearned premiums 2,398 (2,488)
Policyholder account balances (1,405) (1,183)
Accrued expenses, accounts payable and other liabilities (6,585) 23,560
Income taxes payable (120) 203
Deferred revenue (17,419) 12,727
Change in liabilities of discontinued operations 300  
Change in liabilities of discontinued operations (7,695) 0
Net cash flows (used in) provided by operating activities (1,847) 15,965
Investing activities:    
Proceeds from maturities, calls and prepayments of available-for-sale investments 19,996 4,755
Proceeds from sales of available-for-sale investments 3,804 27,524
Net change in short-term investments 0 251
Purchases of available-for-sale investments (35,511) (50,056)
Purchases of property and equipment (1,281) (1,892)
Net paid for acquisitions of subsidiaries, net of cash received 20 (2,902)
Sale of subsidiaries, net of cash paid 0 2,180
Net (issuance) from notes receivable (7,658) 0
Net proceeds from notes receivable 0 260
Net proceeds from related party note receivable 0 6,135
Change in restricted cash 5,014 1,910
Net cash flows (used in) investing activities (15,616) (11,835)
Financing activities:    
Payments on notes payable (49,100) (12,439)
Proceeds from notes payable 56,806 10,500
Net proceeds from exercise of stock options 0 49
Purchase of treasury stock 0 1,357
Net proceeds received from stock issued in the Employee Stock Purchase Plan 113 152
Distributions to non-controlling interest partners (1,380) (611)
Dividends paid to non-controlling interests 0 (43)
Net cash flows provided by (used in) financing activities 6,439 (3,749)
Net (decrease) increase in cash and cash equivalents (11,024) 381
Cash and cash equivalents, beginning of period 21,681 15,209
Cash and cash equivalents, end of period $ 10,657 $ 15,590