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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments:    
Fixed maturity securities, at fair value (including $9,846 and $9,499 from VIE) $ 311,309 $ 829,577
Common stock, at fair value 6,112 11,857
Short-term investments, at fair value (including $1,952 and $2,645 from VIE) 611,267 76,502
Trading securities, at fair value   12,712
Total investments 928,688 930,648
Cash and cash equivalents (including $439 and $507 from VIE) 18,567 20,224
Accrued investment income (including $56 and $52 from VIE) 1,693 6,387
Premiums receivable (including $383 and $498 from VIE) 29,249 32,559
Ceded unearned premium (including $218 and $351 from VIE) 35,200 29,821
Reinsurance recoverable (including $4,659 and $5,039 from VIE) 185,644 183,562
Deferred income taxes (including $121 and $0 from VIE) 2,797  
Deferred acquisition costs (including $715 and $1,100 from VIE) 25,213 26,182
Property, plant and equipment, net 11,942 12,082
Goodwill 20,843 20,843
Funds on deposit (including $114 and $231 from VIE) 36,915 42,088
Accrued premium (including $0 and $0 from VIE) 35,980 42,886
Other assets (including $724 and $1,255 from VIE) 18,431 25,849
Total assets 1,351,162 1,373,131
Liabilities:    
Unpaid losses and loss adjustment expenses (including $8,398 and $8,900 from VIE) 727,278 725,244
Unearned premiums (including $2,878 and $4,325 from VIE) 151,738 146,096
Ceded premiums payable (including $326 and $67 from VIE) 22,291 13,386
Funds held (including $99 and $113 from VIE) 61,642 76,806
Other liabilities (including $0 and $0 from VIE) 14,967 18,601
Deferred income taxes (including $0 and $30 from VIE)   8,767
Loans payable 39,183 39,183
Total liabilities 1,017,099 1,028,083
Shareholders' equity:    
Preferred stock, $0.01 par value; authorized 5,000,000 shares; no shares issued and outstanding      
Common stock, $0.01 par value; authorized 30,000,000 shares; issued and outstanding at June 30, 2013, 9,623,413 shares and at December 31, 2012, 9,505,906 shares 96 95
Additional paid-in capital 85,385 86,568
Retained earnings 237,327 197,015
Accumulated other comprehensive income, net 3,729 53,628
Total American Safety Insurance Holdings, Ltd. shareholders' equity 326,537 337,306
Equity in non-controlling interests 7,526 7,742
Total equity 334,063 345,048
Total liabilities and equity 1,351,162 1,373,131
Common stock
   
Investments:    
Fixed maturity securities, at fair value (including $9,846 and $9,499 from VIE) 6,073 8,776
Common stock, at fair value 6,073 8,776
Preferred stock
   
Investments:    
Fixed maturity securities, at fair value (including $9,846 and $9,499 from VIE) 39 3,081
Common stock, at fair value $ 39 $ 3,081