Investments (Tables)

12 Months Ended

Dec. 31, 2014

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

The following table details the difference between cost or adjusted/amortized cost and estimated fair value, by major investment category, at December 31, 2014 and 2013:

	Cost or Adjusted/Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
December 31, 2014
U.S. government and agency securities	$	134,601	$	423	$	590	$	134,434
Foreign governments	3,275		79		—		3,354
States, municipalities and political subdivisions	90,262		1,866		217		91,911
Public utilities	9,044		217		39		9,222
Corporate securities	111,787		1,409		580		112,616
Redeemable preferred stocks	1,094		9		10		1,093
Total fixed maturities	350,063		4,003		1,436		352,630
Public utilities	1,222		211		—		1,433
Other common stocks	19,560		3,738		250		23,048
Nonredeemable preferred stocks	1,496		17		7		1,506
Total equity securities	22,278		3,966		257		25,987
Other investments	2,749		261		—		3,010
Total investments	$	375,090	$	8,230	$	1,693	$	381,627
December 31, 2013
U.S. government and agency securities	$	98,621	$	28	$	1,169	$	97,480
Foreign government	3,287		—		60		3,227
States, municipalities and political subdivisions	45,556		654		433		45,777
Public utilities	9,103		122		92		9,133
Corporate securities	118,084		792		1,469		117,407
Total fixed maturities	274,651		1,596		3,223		273,024
Public utilities	804		23		20		807
Other common stocks	12,749		1,894		97		14,546
Nonredeemable preferred stocks	272		—		23		249
Total equity securities	13,825		1,917		140		15,602
Other investments	3,034		—		—		3,034
Total investments	$	291,510	$	3,513	$	3,363	$	291,660

Schedule of Realized Gain (Loss)

The following tables detail our realized gains (losses) by major investment category for the years ended December 31, 2014, 2013 and 2012:

	2014					2013					2012
	Gains (Losses)			Fair Value at Sale		Gains (Losses)			Fair Value at Sale		Gains (Losses)			Fair Value at Sale
Fixed maturities	$	92		$	5,598	$	103		$	23,187	$	2,043		$	28,999
Equity securities	298			111,325		31			155		279			1,907
Total realized gains	390			116,923		134			23,342		2,322			30,906
Fixed maturities	(228		)	11,389		(261		)	43,751		(141		)	9,243
Equity securities	(182		)	1,529		(2		)	28		(21		)	391
Total realized losses	(410		)	12,918		(263		)	43,779		(162		)	9,634
Net realized investment gains (losses)	$	(20	)	$	129,841	$	(129	)	$	67,121	$	2,160		$	40,540

Investments Classified by Contractual Maturity Date

The table below summarizes our fixed maturities at year end by contractual maturity periods. Actual results may differ as issuers may have the right to call or prepay obligations, with or without penalties, prior to the contractual maturity of those obligations.

	December 31, 2014
	Cost or Amortized Cost		Percent of Total		Fair Value		Percent of Total
Due in one year or less	$	33,363	9.5	%	$	33,377	9.5	%
Due after one year through five years	166,606		47.6	%	166,768		47.3	%
Due after five years through ten years	111,842		31.9	%	112,970		32.0	%
Due after ten years	38,252		10.9	%	39,515		11.2	%
Total	$	350,063	100.0	%	$	352,630	100.0	%

Investment Income

The following table summarizes our net investment income by major investment category:

	Year Ended December 31,
	2014			2013			2012
Fixed maturities	$	5,866		$	3,512		$	2,902
Equity securities	734			280			138
Cash and cash equivalents	9			31			35
Other investments	166			48			8
Other assets	20			—			—
Investment income	$	6,795		$	3,871		$	3,083
Investment expenses	(312		)	(206		)	(142		)
Net investment income	$	6,483		$	3,665		$	2,941

Schedule of Unrealized Loss on Investments

The following table presents an aging of our unrealized investment losses by investment class:

	Less Than Twelve Months					Twelve Months or More
	Number of Securities*	Gross Unrealized Losses		Fair Value		Number of Securities*	Gross Unrealized Losses		Fair Value
December 31, 2014
U.S. government and agency securities	32	$	285	$	36,081	20	$	305	$	16,947
States, municipalities and political subdivisions	24	100		22,272		11	117		14,310
Public utilities	1	1		1,274		1	38		1,014
Corporate securities	23	271		23,738		16	309		20,215
Redeemable preferred stocks	4	10		408		—	—		—
Total fixed maturities	84	667		83,773		48	769		52,486
Other common stocks	54	247		3,992		1	3		31
Nonredeemable preferred stocks	4	7		378		—	—		—
Total equity securities	58	254		4,370		1	3		31
Total	142	$	921	$	88,143	49	$	772	$	52,517
December 31, 2013
U.S. government and agency securities	47	$	850	$	64,369	7	$	319	$	5,913
Foreign governments	4	60		3,227		—	—		—
States, municipalities and political subdivisions	23	433		27,106		—	—		—
Public utilities	4	92		3,830		—	—		—
Corporate securities	49	1,469		60,348		—	—		—
Redeemable preferred stocks	—	—		—		—	—		—
Total fixed maturities	127	2,904		158,880		7	319		5,913
Public utilities	5	20		357		—	—		—
Other common stocks	15	97		1,626		—	—		—
Nonredeemable preferred stocks	1	6		125		1	17		125
Total equity securities	21	123		2,108		1	17		125
Total	148	$	3,027	$	160,988	8	$	336	$	6,038

Fair Value, Measurement Inputs, Disclosure

The following table presents the fair value measurements of our financial instruments by level at December 31, 2014 and December 31, 2013:

December 31, 2014	Total		Level 1		Level 2		Level 3
U.S. government and agency securities	$	134,434	$	—	$	134,434	$	—
Foreign governments	3,354		—		3,354		—
States, municipalities and political subdivisions	91,911		—		91,911		—
Public utilities	9,222		—		9,222		—
Corporate securities	112,616		—		112,616		—
Redeemable preferred stocks	1,093		1,093		—		—
Total fixed maturities	352,630		1,093		351,537		—
Public utilities	1,433		1,433		—		—
Other common stocks	23,048		23,048		—		—
Nonredeemable preferred stocks	1,506		1,506		—		—
Total equity securities	25,987		25,987		—		—
Other investments	3,010		300		739		1,971
Total investments	$	381,627	$	27,380	$	352,276	$	1,971
December 31, 2013
U.S. government and agency securities	$	97,480	$	—	$	97,480	$	—
Foreign governments	3,227		—		3,227		—
States, municipalities and political subdivisions	45,777		—		45,777		—
Public utilities	9,133		—		9,133		—
Corporate securities	117,407		—		117,407		—
Total fixed maturities	273,024		—		273,024		—
Public utilities	807		807		—		—
Other common stocks	14,546		14,546		—		—
Nonredeemable preferred stocks	249		249		—		—
Total equity securities	15,602		15,602		—		—
Other investments	3,034		3,034		—		—
Total investments	$	291,660	$	18,636	$	273,024	$	—

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The table below presents the rollforward of Level 3 investments held at fair value during the year ended December 31, 2014:

	Other Investments
December 31, 2013	$	—
Transfers in	1,750
Partnership income	22
Return of capital	(62		)
Unrealized gains in accumulated other comprehensive income	261
December 31, 2014	$	1,971

Other Investments Not Readily Marketable [Table Text Block]

Throughout 2014, 2013 and 2012, we acquired investments in limited partnerships, recorded in the other investments line of our Consolidated Balance Sheets, that are currently being accounted for at fair value utilizing a discounted cash flow methodology. The estimated fair value of our investments in the limited partnership interests was $2,710,000. We have fully funded our investments in DCR and RCH, but we are still obligated to fund an additional $1,261,000 for our investment in Kayne.

	Initial Investment		Book Value		Unrealized Gain		Fair Value
DCR Mortgage Partners VI, L.P.	$	750	$	750	$	185	$	935
RCH Mortgage Fund VI Investors, LP	1,000		960		76		1,036
Kayne Senior Credit Fund II, L.P.	739		739		—		739
Total limited partnerships	$	2,489	$	2,449	$	261	$	2,710
Certificate of deposit	300		300		—		300
Total other investments	$	2,789	$	2,749	$	261	$	3,010