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Fair Value (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The following table presents for each of the fair value hierarchy levels, our assets that are measured at fair value on a recurring basis at September 30, 2012 and December 31, 2011 (in thousands):

		As of September 30, 2012
		Quoted Prices in				Other
		Active Markets for				Observable				Unobservable
		Identical Assets				Inputs				Inputs
		(Level 1)				(Level 2)				(Level 3)				Total

U.S. Treasury securities and obligations of U.S. Government		$	-			$	16,101			$	-			$	16,101
Corporate bonds			-				90,324				-				90,324
Collateralized corporate bank loans			-				108,350				983				109,333
Municipal bonds			-				146,497				18,788				165,285
Mortgage-backed			-				3,245				-				3,245
Total debt securities			-				364,517				19,771				384,288

Financial services			14,651				-				-				14,651
All other			27,043				-				-				27,043
Total equity securities			41,694				-				-				41,694
Total debt and equity securities		$	41,694			$	364,517			$	19,771			$	425,982

		As of December 31, 2011
		Quoted Prices in				Other
		Active Markets for				Observable				Unobservable
		Identical Assets				Inputs				Inputs
		(Level 1)				(Level 2)				(Level 3)				Total

U.S. Treasury securities and obligations of U.S. Government		$	-			$	11,176			$	-			$	11,176
Corporate bonds			-				93,922				-				93,922
Collateralized corporate bank loans			-				91,707				1,186				92,893
Municipal bonds			-				158,919				19,422				178,341
Mortgage-backed			-				4,137				-				4,137
Total debt securities			-				359,861				20,608				380,469

Financial services			15,821				-				-				15,821
All other			28,338				-				-				28,338
Total equity securities			44,159				-				-				44,159
Total debt and equity securities		$	44,159			$	359,861			$	20,608			$	424,628

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table summarizes the changes in fair value for all financial assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) at September 30, 2012 and December 31, 2011 (in thousands):

Beginning balance as of January 1, 2012		$	20,608
Settlements			(307	)
Total realized/unrealized gains included in net income			-
Net losses included in other comprehensive income			(530	)
Transfers into Level 3			-
Transfers out of Level 3			-
Ending balance as of September 30, 2012		$	19,771

Beginning balance as of January 1, 2011		$	21,981
Settlements			(554	)
Total realized/unrealized gains included in net income			-
Net losses included in other comprehensive income			(819	)
Transfers into Level 3			-
Transfers out of Level 3			-
Ending balance as of December 31, 2011		$	20,608

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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