Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value Disclosures [Abstract]

Assets Measured for at Fair Value on Recurring Basis

The following tables set forth by level within the fair value hierarchy the Company’s assets that were measured at fair value including those on a recurring basis as of the dates presented (in thousands):

	Fair Value Measurements
	September 30, 2015
	Level 1		Level 2		Level 3		Total
Fixed maturities:
U.S. government obligations and agencies	$	—	$	136,090	$	—	$	136,090
Corporate bonds		—		128,120		—		128,120
Mortgage-backed and asset-backed securities		—		138,685		—		138,685
Redeemable preferred stock		—		9,870		—		9,870
Other		—		5,004		—		5,004
Equity securities:
Common stock		15,743		—		—		15,743
Mutual funds		30,884		—		—		30,884
Short-term investments (1)		—		60,023		—		60,023
Total assets accounted for at fair value	$	46,627	$	477,792	$	—	$	524,419

(1) Excludes $15.0 million of certificates of deposit not subject to remeasurement

	Fair Value Measurements
	December 31, 2014
	Level 1		Level 2		Level 3		Total
Fixed maturities:
U.S. government obligations and agencies	$	—	$	120,038	$	—	$	120,038
Corporate bonds		—		119,832		—		119,832
Mortgage-backed and asset-backed securities		—		107,223		—		107,223
Redeemable preferred stock		—		6,856		—		6,856
Equity securities:
Common stock		270		—		—		270
Mutual funds		19,372		—		—		19,372
Short-term investments (1)		—		37,490		—		37,490
Total assets accounted for at fair value	$	19,642	$	391,439	$	—	$	411,081

(1) Excludes $12.5 million of certificates of deposit not subject to remeasurement.  

Summarizes Carrying Value and Estimated Fair Values of Financial Instruments not Carried at Fair Value

The following table summarizes the carrying value and estimated fair values of the Company’s financial instruments that are not carried at fair value as of the dates presented (in thousands):

	September 30, 2015				December 31, 2014
			(Level 3)				(Level 3)
			EstimatedFair				EstimatedFair
	CarryingValue		Value		CarryingValue		Value
Liabilities (debt):
Surplus note	$	16,176	$	14,246	$	17,280	$	14,951
Term loan	$	6,758	$	6,758	$	13,330	$	13,330
Promissory note	$	1,390	$	1,390	$	—	$	—