Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

The following table provides the balance sheet and income statement accounts that were impacted by the change in accounting principle.

	As Previously Reported			Impact of Change in Accounting Principle		As Adjusted
	(In thousands, except per share data)
Balance Sheet Accounts:
As of December 31, 2011:
Deferred acquisition costs	$	136,300		(11,758	)	124,542
Deferred federal income taxes	18,055			(4,115	)	13,940
Accumulated deficit	(14,208		)	(7,643	)	(21,851	)
Statement of Operations:
Three months ended September 30, 2011:
Capitalization of deferred policy acquisition costs	$	(7,121	)	590		(6,531	)
Amortization of deferred policy acquisition costs	4,500			(329	)	4,171
Federal income tax expense	820			(91	)	729
Net income	2,223			(170	)	2,053
Per share of Class A common stock:
Basic earnings per share	0.05			(0.01	)	0.04
Diluted earnings per share	0.05			(0.01	)	0.04
Nine months ended September 30, 2011:
Capitalization of deferred policy acquisition costs	$	(22,170	)	1,634		(20,536	)
Amortization of deferred policy acquisition costs	13,249			(769	)	12,480
Federal income tax expense	3,270			(303	)	2,967
Net income	7,246			(562	)	6,684
Per share of Class A common stock:
Basic earnings per share	0.15			(0.02	)	0.13
Diluted earnings per share	0.15			(0.02	)	0.13