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Long-Term Debt
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Long-Term Debt

7. Long-Term Debt

Long-term debt consists of the following as of the dates presented (in thousands):

 

 

June 30,

 

 

December 31,

 

 

2017

 

 

2016

 

Surplus note

$

13,603

 

 

$

14,338

 

Promissory note

 

 

 

 

690

 

Total

$

13,603

 

 

$

15,028

 

 

 

UPCIC was in compliance with the terms of the surplus note as of June 30, 2017.

 

In addition to the long-term debt listed above, UVE has an unsecured line of credit that contains certain covenants and restrictions applicable while amounts are outstanding thereunder. UVE had not borrowed any amounts under this line of credit as of June 30, 2017.