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INVESTMENT IN US PREMIUM FINANCING HOLDING COMPANY (Tables)
3 Months Ended
Mar. 31, 2017
Cost Method Investments Disclosure [Abstract]  
Equity Method Investments
The Company’s 4.99% investment in USPF was valued at $5.8 million, based upon the closing price of the Company’s common stock immediately prior to the parties’ execution of the Stock Purchase Agreement, as follows:
 
(dollars in thousands, except per share amount)
 
 
 
 
Ameris common shares issued
 
 
128,572
 
Price per share of the Company’s common stock
 
$
45.45
 
Fair value of consideration transferred
 
$
5,844