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Deferred Policy Acquisition Costs (Tables)
9 Months Ended
Sep. 30, 2018
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Deferred Policy Acquisition Costs
The following table presents the amounts of policy acquisition costs deferred and amortized for the three and nine months ended September 30, 2018 and 2017:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
(in thousands)
Balance, beginning of period
 
$
14,123

 
$
11,578

 
$
11,775

 
$
10,150

Policy acquisition costs deferred:
 
 
 
 
 
 
 
 
Direct commissions
 
10,232

 
8,024

 
29,907

 
24,529

Ceding commissions
 
(3,123
)
 
(2,519
)
 
(8,273
)
 
(7,502
)
Other underwriting and policy acquisition costs
 
781

 
713

 
2,284

 
2,230

Policy acquisition costs deferred
 
7,890

 
6,218

 
23,918

 
19,257

Amortization of net policy acquisition costs
 
(7,528
)
 
(6,071
)
 
(21,208
)
 
(17,682
)
Balance, end of period
 
$
14,485

 
$
11,725

 
$
14,485

 
$
11,725