XML 72 R34.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fresh Start Accounting - Assets and Liabilities at Fair Value (Detail) (USD $)
In Thousands, unless otherwise specified
Mar. 19, 2012
Dec. 31, 2013
Reorganization Adjustments [Member]
Investments held in trust, at fair value:    
Fixed-maturity securities, Predecessor $ 303,169  
Cash equivalents held in trust, Predecessor 26,249  
Total investments held in trust, Predecessor 329,418  
Cash and cash equivalents, Predecessor 7,014  
Fixed-maturity securities, at fair value, Predecessor 6,049  
Accrued investment income, Predecessor 2,313  
Other assets, Predecessor 3,389  
Total assets, Predecessor 348,183  
Fixed-maturity securities, Successor 303,169  
Cash equivalents held in trust, Successor 26,249  
Total investments held in trust, Successor 329,418  
Cash and cash equivalents, Successor 82,014  
Fixed-maturity securities, at fair value, Successor 6,049  
Accrued investment income, Successor 2,313  
Other assets, Successor 3,389  
Total assets, Successor 423,183  
Liabilities:    
Losses and loss adjustment reserves, Predecessor 141,010  
Losses payable, Predecessor 7,585  
Unearned premiums, Predecessor 409  
Accrued ceding commissions, Predecessor 466  
Other liabilities, Predecessor 27,156  
Total liabilities, Predecessor 176,626  
Notes payable-principal, Reorganization Adjustments 130,000  
Other liabilities, Reorganization Adjustments (23,109)  
Total liabilities, Reorganization Adjustments 106,891  
Loss contract fair market value reserve, Fair Value Adjustments 63,064  
Other liabilities, Fair Value Adjustments 2  
Total liabilities, Fair Value Adjustments 63,066  
Notes payable, Successor 130,000  
Losses and loss adjustment reserves, Successor 141,010  
Losses payable, Successor 7,585  
Unearned premiums, Successor 409  
Accrued ceding commissions, Successor 466  
Loss contract fair market value reserve, Successor 63,064  
Other liabilities, Successor 4,049  
Total liabilities, Successor 346,583  
Shareholders' equity:    
Common stock, Predecessor 1  
Additional paid-in capital, Predecessor 69,879  
Retained earnings, Predecessor 101,677  
Total shareholders' equity, Predecessor 171,557  
Total liabilities and shareholders' equity, Predecessor 348,183  
Common stock, Reorganization Adjustments 2  
Additional paid-in capital, Reorganization Adjustments 154,998  
Retained earnings, Reorganization Adjustments 23,109  
Total shareholders' equity, Reorganization Adjustments 178,109  
Total liabilities and shareholders' equity, Reorganization Adjustments 285,000  
Common stock, Fair Value Adjustments (1)  
Additional paid-in capital (Predecessor), Fair Value Adjustments (69,879)  
Additional paid-in capital (Successor), Fair Value Adjustments (78,400)  
Retained earnings, Fair Value Adjustments (124,786)  
Total shareholders' equity, Fair Value Adjustments (273,066)  
Total liabilities and shareholders' equity, Fair Value Adjustments (210,000)  
Postconfirmation, Common Stock 2  
Postconfirmation, Additional Paid-in Capital 76,598  
Total shareholders' equity, Successor 76,600  
Total liabilities and shareholders' equity, Successor 423,183  
Cash and cash equivalents, Reorganization Adjustments 75,000  
Other assets, Reorganization Adjustments 210,000  
Total assets, Reorganization Adjustments 285,000  
Other assets, Fair Value Adjustments (210,000)  
Total assets, Fair Value Adjustments (210,000)  
Goodwill recorded   $ 0