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Insurance Activity (Tables)

12 Months Ended

Dec. 31, 2013

Insurance [Abstract]

Schedule of Premiums Assumed and Earned

Premiums assumed and earned are as follows for the periods ended December 31, 2013, 2012 and 2011, respectively:

		Successor				Successor						Predecessor				Predecessor
		Year ended December 31, 2013				Period from March 20, 2012 through December 31, 2012						Period from January 1, 2012 through March 19, 2012				Year ended December 31, 2011
Premiums assumed		$	12,115			$	14,210					$	6,130			$	34,562
Change in unearned premiums			(1,169)				184						47				222
Premiums earned		$	10,946			$	14,394					$	6,177			$	34,784

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, 2013 and 2012, respectively:

		Successor				Successor
		December 31, 2013				December 31, 2012
Case-basis reserves		$	41,159			$	66,173
IBNR reserves			713				1,298
Premium deficit reserves			2,442				15,053
Total		$	44,314			$	82,524

Summary of Losses and Loss Adjustment Reserve Activity

Losses and loss adjustment reserve activity are as follows for the years ended December 31, 2013, 2012 and 2011, respectively:

		Successor				Successor						Predecessor
		December 31, 2013				December 31, 2012						December 31, 2011
Balance at beginning of period		$	82,524			$	142,119					$	190,036
Incurred—prior periods			(6,159)				30,111						47,321
Paid or terminated—prior periods			(32,051)				(89,706)						(95,238)
Total		$	44,314			$	82,524					$	142,119

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- Definition

Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 40

-Section 50

-Paragraph 3

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6482485&loc=d3e14764-158437

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- Definition

The entire disclosure for the supplemental schedule of reinsurance information. Reinsurance schedule includes, but is not limited to, the type of insurance, gross amount of premiums, premiums ceded to other entities, premiums assumed from other entities, net amount of premium revenue, and the percentage of the premiums assumed to net premium revenue.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 17

-Article 12



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 235

-Section S99

-Paragraph 2

-Subparagraph (SX 210.12-17)

-URI http://asc.fasb.org/extlink&oid=6588446&loc=d3e574992-122915



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 10

-Section S99

-Paragraph 3

-Subparagraph (SX 210.7-05.(c) Schedule IV)

-URI http://asc.fasb.org/extlink&oid=6879921&loc=d3e569147-122900



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 05

-Article 7

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Summary of Losses and loss adjustment reserve activity.

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