Valuation And Qualifying Accounts

12 Months Ended

Dec. 31, 2019

Valuation And Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

SCHEDULE V

1 OF 3

FIRST AMERICAN FINANCIAL CORPORATION

AND SUBSIDIARY COMPANIES

VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

Year Ended December 31, 2019

Column A	Column B		Column C					Column D			Column E
			Additions
Description	Balance at beginning of period		Charged to costs and expenses		Charged to other accounts			Deductions from reserve			Balance at end of period
Reserve deducted from accounts receivable:
Consolidated	$	22,841	$	4,125	$	—		$	4,982	(A)	$	21,984
Reserve for known and incurred but not reported claims:
Consolidated	$	1,042,679	$	446,040	$	(10,354	)	$	415,321	(B)	$	1,063,044
Reserve deducted from notes receivable:
Consolidated	$	343	$	—	$	—		$	—		$	343
Reserve deducted from deferred income taxes:
Consolidated	$	10,621	$	—	$	—		$	775		$	9,846

Note A—Amount represents accounts written off, net of recoveries.

Note B—Amount represents claim payments, net of recoveries.

SCHEDULE V

2 OF 3

FIRST AMERICAN FINANCIAL CORPORATION

AND SUBSIDIARY COMPANIES

VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

Year Ended December 31, 2018

Column A	Column B		Column C				Column D			Column E
			Additions
Description	Balance at beginning of period		Charged to costs and expenses		Charged to other accounts		Deductions from reserve			Balance at end of period
Reserve deducted from accounts receivable:
Consolidated	$	23,066	$	5,039	$	—	$	5,264	(A)	$	22,841
Reserve for known and incurred but not reported claims:
Consolidated	$	1,028,933	$	452,633	$	11,869	$	450,756	(B)	$	1,042,679
Reserve deducted from notes receivable:
Consolidated	$	510	$	167	$	—	$	334		$	343
Reserve deducted from deferred income taxes:
Consolidated	$	10,333	$	288	$	—	$	—		$	10,621

Note A—Amount represents accounts written off, net of recoveries.

Note B—Amount represents claim payments, net of recoveries.

SCHEDULE V

3 OF 3

FIRST AMERICAN FINANCIAL CORPORATION

AND SUBSIDIARY COMPANIES

VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

Year Ended December 31, 2017

Column A	Column B		Column C				Column D			Column E
			Additions
Description	Balance at beginning of period		Charged to costs and expenses		Charged to other accounts		Deductions from reserve			Balance at end of period
Reserve deducted from accounts receivable:
Consolidated	$	30,185	$	5,975	$	—	$	13,094	(A)	$	23,066
Reserve for known and incurred but not reported claims:
Consolidated	$	1,025,863	$	450,410	$	24,707	$	472,047	(B)	$	1,028,933
Reserve deducted from notes receivable:
Consolidated	$	2,113	$	38	$	—	$	1,641		$	510
Reserve deducted from deferred income taxes:
Consolidated	$	8,049	$	2,284	$	—	$	—		$	10,333

Note A—Amount represents accounts written off, net of recoveries.

Note B—Amount represents claim payments, net of recoveries.