XML 80 R20.htm IDEA: XBRL DOCUMENT

Deferred Policy Acquisition Costs

9 Months Ended

Sep. 30, 2012

Deferred Charges, Insurers [Abstract]

Deferred Policy Acquisition Costs [Text Block]

13. Deferred Policy Acquisition Costs

The following table shows total deferred and amortized policy acquisition cost activity by period (in thousands):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2012			2011			2012			2011

Deferred	$	(12,011	)	$	(11,978	)	$	(45,281	)	$	(40,034	)
Amortized		11,084			11,625			41,427			37,392

Net	$	(927	)	$	(353	)	$	(3,854	)	$	(2,642	)

- Definition

Disclosure of accounting policy for capitalizing costs incurred to write or acquire insurance contracts, the basis for and methodology for capitalizing such costs, the accounting for such deferred acquisition costs (DAC) when modifications or internal replacements of related insurance contracts occur and the effect on results of operations, and the methodology and amount of amortization. This disclosure addresses the nature, type, and amount of capitalized costs incurred to write or acquire insurance contracts.

+ References+ Details