Insurance Activity (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Premiums Assumed and Earned

Premiums assumed and earned are as follows for the periods ended December 31, 2012, 2011 and 2010 respectively:

	Successor		Predecessor		Predecessor		Predecessor
	Period from March 20, 2012 through September 30, 2012		Period from January 1, 2012 through March 19, 2012		Year ended December 31, 2011		Year ended December 31, 2010
Premiums assumed	$	14,210	$	6,130	$	34,562	$	45,271
Change in unearned premiums		184		47		222		324
Premiums earned	$	14,394	$	6,177	$	34,784	$	45,595

Components of Liability for Losses and Loss Adjustment Reserves

The components of the liability for losses and loss adjustment reserves are as follows as of December 31, 2012 and 2011:

	Successor		Predecessor		Predecessor
	December 31, 2012		December 31, 2011		December 31, 2010
Case-basis reserves	$	66,173	$	132,970	$	174,858
IBNR reserves		1,298		6,049		9,028
Premium deficit reserves		15,053		3,100		6,150
Total	$	82,524	$	142,119	$	190,036

Summary of Losses and Loss Adjustment Reserve Activity

Losses and loss adjustment reserve activity are as follows for the years ended December 30, 2012, 2011 and 2010:

	Successor		Predecessor		Predecessor
	December 31, 2012		December 31, 2011		December 31, 2010
Balance at beginning of period	$	142,119	$	190,036	$	256,426
Incurred—prior periods		30,111		47,321		60,078
Paid or terminated—prior periods		(89,706)		(95,238)		(126,468)
Total	$	82,524	$	142,119	$	190,036