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Related Party Transactions
3 Months Ended
Mar. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions

The Company does business with, and has investments in, unconsolidated limited liability companies that are primarily title insurance agencies.  The Company utilizes the equity method to account for its investment in these limited liability companies.  The following table sets forth the approximate values by year found within each financial statement classification:
Financial Statement Classification,
As of March 31, 2014
 
As of December 31, 2013
Consolidated Balance Sheets
 
Other investments
$
5,217,000

 
$
5,320,000

Premiums and fees receivable
$
568,000

 
$
657,000

 
Financial Statement Classification,
For the Three Months Ended March 31,
Consolidated Statements of Income
2014
 
2013
Net premiums written
$
2,291,000

 
$
3,417,000

Other income
$
349,000

 
$
525,000



During the second quarter of 2013, the Company repurchased 17,524 shares of Company common stock from officers of the Company at a price of $71.50 per share to cover withholding taxes payable by the officers upon the exercise of SARs. During the fourth quarter of 2013, the Company repurchased 28,130 shares of the Company common stock from officers of the Company at a price of $80.91 per share.