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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Schedule of Consideration Transferred
The purchase price consisted of the following amounts:
Cash
$
48,450

Notes Payable
8,550

Accrued Liability
3,471

Total purchase price
$
60,471

Schedule of Purchase Price Allocation
The preliminary purchase price allocation is as follows:
Cash and cash equivalents
$
15,610

Investments
66,440

Premium and agents' receivable
3,185

Reinsurance receivable
1,042

Intangible assets
6,241

Insurance contract asset
8,366

Goodwill
10,106

Other assets
4,971

Unpaid losses and loss adjustment expenses
(24,967
)
Unearned premiums
(26,243
)
Deferred taxes
(352
)
Other liabilities
(3,928
)
Total purchase price
$
60,471

Schedule of Pro Forma Information
 
For the nine months ended
 September 30, 2016
 
 
 
Pro Forma
 
 
 
As Reported
 
Adjustments
 
Pro Forma
Revenues
$
355,684

 
$
18,963

 
$
374,647

 
 
 
 
 
 
Net income
$
16,215

 
$
8,187

 
$
24,402

 
 
 
 
 
 
Diluted earnings per share
$
0.75

 
$
0.38

 
$
1.13