401(k) Plan	12 Months Ended
Dec. 31, 2012
401(k) Plan [Abstract]
401(k) Plan	Note 4 – 401(k) Plan We have a 401(k) Plan, which covers substantially all employees who have attained the age of 18 and are employed for at least a three-month period. Employees may contribute up to the maximum amount allowed by the Internal Revenue Service, subject to restrictions defined by the Internal Revenue Service. At our discretion, we may make a matching contribution in cash or our common stock up to 50% of all employee contributions in each plan year. Our contributions to our employees vest over a three-year period from date of hire. During 2012, 2011, and 2010, we matched in Palomar common stock 50% of all employee contributions by issuing 60,852, 69,276, and 38,993 shares of common stock, respectively, to the 401(k) Plan in satisfaction of our employer match for employee contributions. During the fourth quarter of 2012, our Board of Directors approved an additional 500,000 shares of common stock to be reserved for issuance under the company's 401(k) Plan and the company then listed these additional shares with NASDAQ. The number of shares of common stock reserved for issuance under the 401(k) Plan at December 31, 2012 was 1,500,000 shares. As of December 31, 2012, 463,531 shares of common stock remained available for issuance thereunder. For the years ended December 31, 2012, 2011, and 2010, we recognized $578,000, $650,000, and $574,000, respectively, as compensation expense related to the 401(k) Palomar common stock match.

401(k) Plan

12 Months Ended

Dec. 31, 2012

Note 4 – 401(k) Plan

We have a 401(k) Plan, which covers substantially all employees who have attained the age of 18 and are employed for at least a three-month period. Employees may contribute up to the maximum amount allowed by the Internal Revenue Service, subject to restrictions defined by the Internal Revenue Service. At our discretion, we may make a matching contribution in cash or our common stock up to 50% of all employee contributions in each plan year. Our contributions to our employees vest over a three-year period from date of hire.

During 2012, 2011, and 2010, we matched in Palomar common stock 50% of all employee contributions by issuing 60,852, 69,276, and 38,993 shares of common stock, respectively, to the 401(k) Plan in satisfaction of our employer match for employee contributions. During the fourth quarter of 2012, our Board of Directors approved an additional 500,000 shares of common stock to be reserved for issuance under the company's 401(k) Plan and the company then listed these additional shares with NASDAQ. The number of shares of common stock reserved for issuance under the 401(k) Plan at December 31, 2012 was 1,500,000 shares. As of December 31, 2012, 463,531 shares of common stock remained available for issuance thereunder. For the years ended December 31, 2012, 2011, and 2010, we recognized $578,000, $650,000, and $574,000, respectively, as compensation expense related to the 401(k) Palomar common stock match.