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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities:    
Net income attributable to Fortegra Financial Corporation $ 9,762 $ 10,157
Adjustments to reconcile net income to net cash flows (used in) provided by operating activities:    
Change in deferred acquisition costs 10,329 (8,209)
Depreciation and amortization 7,782 9,661
Deferred income tax (benefit) - continuing operations 10,810 (1,610)
Deferred income tax expense - discontinued operations 0 300
Net realized investment gains (6) (2,043)
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax (42) 0
Gain on sale of subsidiary 0 402
Loss on note receivable 1,317 0
Stock-based compensation expense 872 1,033
Direct stock awards to employees 1 29
Amortization of premiums and accretion of discounts on investments 1,347 1,097
Non-controlling interests 1,693 868
Change in allowance for doubtful accounts (159) (118)
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions:    
Accrued investment income (149) 287
Accounts and premiums receivable, net (12,549) (5,366)
Other receivables 1,249 (22,716)
Reinsurance receivables (26,075) (7,647)
Income taxes receivable (8,728) 2,919
Other assets (2,276) (1,395)
Unpaid claims 7,695 264
Unearned premiums 25,968 13,771
Policyholder account balances (2,008) (1,620)
Accrued expenses, accounts payable and other liabilities (1,255) 18,942
Income taxes payable (2,842) 222
Deferred revenue (14,179) 14,145
Change in liabilities of discontinued operations 791  
Change in liabilities of discontinued operations (7,743) 0
Net cash flows provided by operating activities 1,689 22,569
Investing activities:    
Proceeds from maturities, calls and prepayments of available-for-sale investments 20,653 7,963
Proceeds from sales of available-for-sale investments 3,805 54,663
Net change in short-term investments 0 251
Purchases of available-for-sale investments (50,010) (78,739)
Purchases of property and equipment (1,900) (2,971)
Net paid for acquisitions of subsidiaries, net of cash received 20 (3,112)
Sale of subsidiaries, net of cash paid 0 2,180
Net (issuance) from notes receivable (8,789) 0
Net proceeds from notes receivable 0 (663)
Net proceeds from related party note receivable 0 6,135
Change in restricted cash 9,714 2,350
Net cash flows (used in) investing activities (26,507) (11,943)
Financing activities:    
Payments on notes payable (71,139) (19,188)
Proceeds from notes payable 78,039 12,500
Net proceeds from exercise of stock options 0 49
Purchase of treasury stock 13 1,372
Net proceeds received from stock issued in the Employee Stock Purchase Plan 113 152
Distributions to non-controlling interest partners (1,380) (720)
Dividends paid to non-controlling interests 0 (43)
Net cash flows provided by (used in) financing activities 5,620 (8,622)
Net (decrease) increase in cash and cash equivalents (19,198) 2,004
Cash and cash equivalents, beginning of period 21,681 15,209
Cash and cash equivalents, end of period $ 2,483 $ 17,213