INVESTMENT IN US PREMIUM FINANCE HOLDING COMPANY (Tables)

9 Months Ended

Sep. 30, 2017

Investments, All Other Investments [Abstract]

Cost Method Investment Summary

The Company’s 4.99% investment in USPF was valued at $5.8 million, based upon the closing price of the Company’s common stock immediately prior to the parties’ execution of the Stock Purchase Agreement, as follows:

(dollars in thousands, except per share amount)
Ameris common shares issued	128,572
Price per share of the Company's common stock	$	45.45
Fair value of consideration transferred	$	5,844