XML 35 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Values of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2012
Fair Values of Financial Instruments [Abstract]  
Carrying amount, estimated fair value and level within the fair value hierarchy of financial instruments
The following table sets forth the carrying amount, estimated fair value and level within the fair value hierarchy of the Company's financial instruments as of September 30, 2012 and December 31, 2011.
September 30, 2012
December 31, 2011
Level in Fair
Value
Hierarchy (1)
Carrying
Amount
Estimated
Fair Value
Carrying
Amount
Estimated
Fair Value
Assets:
Cash and cash equivalents
Level 1
$19,137$19,137$21,285$21,285
Fixed maturities
(1)230,188230,188217,348217,348
Equity securities
(1)11,53911,5398,3488,348
Other invested assets
Level 3
588588567567
Policy loans
Level 2
2,3202,3202,2462,246
Real estate
Level 2
38383838
Investment in unconsolidated trusts
Level 2
1,2381,2381,2381,238
Liabilities:
Junior subordinated debentures
Level 2
41,23841,23841,23841,238
Derivative
Level 3
342342876876
 
(1)
See Note 9 for a description of the fair value hierarchy as well as a disclosure of levels for classes of these financial assets.