Statutory Accounting and Regulation (Tables)

12 Months Ended

Dec. 31, 2015

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



	2015			2014			2013
Expected recoveries of assessments, January 1	$	—		$	7		$	1,646
Assessments expensed	226			72			31
Assessments recovered	1			(2		)	(1,528		)
Assessments not recoverable	(227		)	(77		)	(142		)
Expected recoveries of assessments, December 31	$	—		$	—		$	7

The table below reconciles our consolidated GAAP net income to the statutory net income of our insurance affiliates:



	Year Ended December 31,
	2015			2014			2013
Consolidated GAAP net income	$	27,358		$	41,013		$	20,342
Increase (decrease) due to:
Commissions	339			(12,258		)	2,281
Deferred income taxes	(2,518		)	64			(3,992		)
Deferred policy acquisition costs	(4,962		)	(788		)	(868		)
Allowance for doubtful accounts	97			5			5
Assessments	—			(78		)	(1,567		)
Prepaid expenses	131			(136		)	22
Operations of non-statutory subsidiaries	(10,077		)	(14,915		)	(9,023		)
January net income for Family Security Insurance Company, Inc.	152			—			—
Statutory net income of insurance affiliates	$	10,520		$	12,907		$	7,200

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



	December 31,
	2015			2014
Consolidated GAAP stockholders’ equity	$	239,211		$	203,763
Increase (decrease) due to:
Deferred policy acquisition costs	(9,031		)	(4,069		)
Deferred income taxes	917			(668		)
Investments	185			(596		)
Non-admitted assets	(1,066		)	(274		)
Surplus debentures	12,353			13,529
Provision for reinsurance	(734		)	(566		)
Equity of non-statutory subsidiaries	(96,825		)	(85,250		)
Commissions	876			538
Prepaid expenses	(26		)	(158		)
Paid in surplus	5,000			—
Statutory surplus as regards policyholders of insurance affiliates	$	150,860		$	126,249