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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Successor
Dec. 31, 2011
Predecessor
Investments held in trust, at fair value:    
Fixed-maturity securities $ 283,676 $ 298,555 [1]
Cash equivalents held in trust 22,771 33,458 [1]
Total investments held in trust 306,447 332,013 [1]
Cash and cash equivalents 32,877 7,642 [1]
Fixed-maturity securities, at fair value 63,891 5,490 [1]
Accrued investment income 2,650 2,622 [1]
Other assets 1,874 2,792 [1]
Total assets 407,739 350,559 [1]
Liabilities:    
Notes payable - principal 133,380  
Notes payable - interest 1,445  
Losses and loss adjustment reserves 132,658 142,119 [1]
Losses payable 3,693 5,923 [1]
Unearned premiums 357 456 [1]
Accrued ceding commissions 127 329 [1]
Loss contract fair market value reserve 63,064  
Other liabilities 4,116 26,742 [1]
Total liabilities 338,840 175,569 [1]
Commitments and contingencies       [1]
Shareholders' equity:    
Preferred stock, $ 0.00001 par value, 5,000,000 authorized, zero outstanding as of June 30, 2012; Preferred stock of the Predecessor, none authorized or outstanding as of December 31, 2011       [1]
Common stock, $ 0.00001 par value; 500,000,000 authorized, 200,000,000 shares issued and outstanding as of June 30, 2012; Common Stock of the Predecessor, $1 par value, 1,000 shares issued and outstanding as of December 31, 2011 2 1 [1]
Additional paid-in capital 76,598 69,879 [1]
Retained earnings (7,701) 105,110 [1]
Total shareholders' equity 68,899 174,990 [1]
Total liabilities and shareholders' equity $ 407,739 $ 350,559 [1]
[1] (1) The Balance Sheet at December 31, 2011 is derived from the audited financial statements of the Predecessor.