Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The net income or loss in each period, significant assets and liabilities are as follows (in thousands):

	Three months ended			Three months ended			Nine Months Ended			Nine Months Ended
	September 30, 2012			September 30, 2011			September 30, 2012			September 30, 2011
Net investment income	$	71		$	206		$	545		$	796
Net realized gain on investments	3,300			4,676			3,937			13,760
Other income	4			16			123			58
	3,375			4,898			4,605			14,614
Operating and other costs	(310		)	(430		)	(961		)	(1,232		)
Income before income taxes	3,065			4,468			3,644			13,382
Provision for income taxes	450			1,570			267			4,651
Income from operations	2,615			2,898			3,377			8,731
Loss on write down of assets to fair value	(676		)				(6,045		)
Net income (loss)	$	1,939		$	2,898		$	(2,668	)	$	8,731

	September 30, 2012			December 31, 2011
ASSETS
Available-for-sale investments	$	14,824		$	35,170
Cash and cash equivalents	14,179			25,998
Reinsurance receivables	15,127			15,475
Other assets	219			405
Less: write down of assets to fair value	(5,690		)
Total assets	38,659			77,048
LIABILITIES
Unpaid losses and loss adjustment expenses	22,495			23,292
Other liabilities	675			4,532
Total liabilities	23,170			27,824
Net carrying value	$	15,489		$	49,224