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Fair Values of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2014
Fair Values of Financial Instruments [Abstract]  
Carrying amount, estimated fair value and level within the fair value hierarchy of financial instruments
The following table sets forth the carrying amount, estimated fair value and level within the fair value hierarchy of the Company’s financial instruments as of June 30, 2014 and December 31, 2013.

 
 
  
June 30, 2014
  
December 31, 2013
 
 
 
Level in Fair Value Hierarchy (1)
  
Carrying Amount
  
Estimated Fair Value
  
Carrying Amount
  
Estimated Fair Value
 
Assets:
 
  
  
  
  
 
Cash and cash equivalents
 
Level 1
  
$
27,759
  
$
27,759
  
$
33,102
  
$
33,102
 
Fixed maturities
  
(1) 
  
214,294
   
214,294
   
201,303
   
201,303
 
Equity securities
  
(1) 
  
20,259
   
20,259
   
21,890
   
21,890
 
Other invested assets
 
Level 3
   
3,032
   
3,032
   
2,123
   
2,123
 
Policy loans
 
Level 2
   
2,268
   
2,268
   
2,369
   
2,369
 
Real estate
 
Level 2
   
38
   
38
   
38
   
38
 
Investment in unconsolidated trusts
 
Level 2
   
1,238
   
1,238
   
1,238
   
1,238
 
 
Liabilities:
                    
Junior subordinated debentures
 
Level 2
   
41,238
   
41,238
   
41,238
   
41,238
 

(1)See Note 7 for a description of the fair value hierarchy as well as a disclosure of levels for classes of these financial assets.