Statutory Accounting and Regulation (Tables)

12 Months Ended

Dec. 31, 2013

The table below summarizes the activity related to assessments levied upon our insurance affiliate:



	2013			2012			2011
Expected recoveries of assessments, January 1	$	1,646		$	10		$	413
Assessments expensed	31			1,646			—
Assessments recovered	(1,457		)	—			(403		)
Assessments not recoverable	(141		)	(10		)	—
Expected recoveries of assessments, December 31	$	79		$	1,646		$	10

Statutory Accounting Practices Disclosure

The table below reconciles our consolidated GAAP stockholders’ equity to the surplus as regards policyholders of our insurance affiliate:



	December 31,
	2013			2012
Consolidated GAAP stockholders’ equity	$	107,587		$	87,986
Increase (decrease) due to:
Deferred policy acquisition costs	(3,281		)	(2,413		)
Deferred income taxes	(4,861		)	(4,162		)
Investments	1,478			(2,427		)
Non-admitted assets	(247		)	(354		)
Surplus debentures	14,706			15,882
Provision for reinsurance	(341		)	(225		)
Equity of non-statutory subsidiaries	(49,531		)	(38,397		)
Commissions	12,796			10,515
Assessments	79			1,646
Prepaid expenses	(23		)	(44		)
Statutory surplus as regards policyholders of insurance affiliate	$	78,362		$	68,007

The table below reconciles our consolidated GAAP net income to the statutory net income (loss) of our insurance affiliate:



	Year Ended December 31,
	2013			2012			2011
Consolidated GAAP net income	$	20,342		$	9,705		$	8,088
Increase (decrease) due to:
Commissions	2,281			10,438			56
Deferred income taxes	(3,992		)	(4,262		)	(1,278		)
Deferred policy acquisition costs	(868		)	(688		)	(98		)
Allowance for doubtful accounts	5			(53		)	16
Assessments	(1,567		)	1,636			(453		)
Prepaid expenses	22			131			187
Premium deficiency reserve	—			(302		)	302
Operations of non-statutory subsidiaries	(9,023		)	(10,696		)	(11,452		)
Statutory net income (loss) of insurance affiliate	$	7,200		$	5,909		$	(4,632	)

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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