Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Measured at Fair Value

The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis, classified by the valuation hierarchy as of September 30, 2016 and December 31, 2015 (dollars in thousands):

	September 30, 2016
	Fair Value Measurements Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Fixed Maturity Securities:
U.S. Government obligations	$	5,916	$	—	$	5,916	$	—
State and local government	11,931		—		11,931		—
Corporate debt	34,669		—		34,669		—
Commercial mortgage-backed and other asset-backed	61,325		—		61,325		—
Total fixed maturity securities	113,841		—		113,841		—
Equity Securities, common stock	4,500		4,500		—		—
Short-term investments	14,053		14,053		—		—
Total assets measured at fair value	$	132,394	$	18,553	$	113,841	$	—
Liabilities:
Senior debt*	$	14,250	$	—	$	14,250	$	—
Total Liabilities measured at fair value	$	14,250	$	—	$	14,250	$	—

 * Carried at cost or amortized cost on the consolidated balance sheet

	December 31, 2015
	Fair Value Measurements Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Fixed Maturity Securities:
U.S. Government obligations	$	5,508	$	—	$	5,508	$	—
State and local government	14,783		—		14,783		—
Corporate debt	38,784		—		38,784		—
Commercial mortgage-backed and other asset-backed	48,018		—		48,018		—
Total fixed maturity securities	107,093		—		107,093		—
Equity Securities, common stock	4,240		4,240		—		—
Short-term investments	6,391		6,391		—		—
Total assets measured at fair value	$	117,724	$	10,631	$	107,093	$	—
Liabilities:
Senior debt*	$	12,750	$	—	$	12,750	$	—
Total Liabilities measured at fair value	$	12,750	$	—	$	12,750	$	—

 * Carried at cost or amortized cost on the consolidated balance sheet