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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
SCHEDULE OF GOODWILL AND INTANGIBLE ASSETS | Goodwill and intangible assets are shown in the following table:
|  | Goodwill |  | Intangible assets with an indefinite life |  | Intangible assets with a finite life |  | Total |
| Balance at December 31, 2015 |  |  |  |  |  |  |  |
| Gross amount | $ | 42,237 |  |  | $ | 26,036 |  |  | $ | 29,166 |  |  | $ | 97,439 |  |
| Accumulated amortization | n/a |  |  | n/a |  |  | (13,390 | ) |  | (13,390 | ) |
| Accumulated translation adjustment | 4,911 |  |  | — |  |  | — |  |  | 4,911 |  |
|  | 47,148 |  |  | 26,036 |  |  | 15,776 |  |  | 88,960 |  |
| Acquired during the year | — |  |  | — |  |  | 13,330 |  |  | 13,330 |  |
| Amortization | n/a |  |  | n/a |  |  | (2,493 | ) |  | (2,493 | ) |
| Impairment charges | — |  |  | — |  |  | (12,939 | ) |  | (12,939 | ) |
| Balance at December 31, 2016 |  |  |  |  |  |  |  |
| Gross amount (1) | 42,237 |  |  | 26,036 |  |  | 23,030 |  |  | 91,303 |  |
| Accumulated amortization (1) | n/a |  |  | n/a |  |  | (9,356 | ) |  | (9,356 | ) |
| Accumulated translation adjustment | 4,911 |  |  | — |  |  | — |  |  | 4,911 |  |
|  | 47,148 |  |  | 26,036 |  |  | 13,674 |  |  | 86,858 |  |
| Amortization | n/a |  |  | n/a |  |  | (1,809 | ) |  | (1,809 | ) |
| Balance at December 31, 2017 |  |  |  |  |  |  |  |
| Gross amount | $ | 42,237 |  |  | $ | 26,036 |  |  | $ | 23,030 |  |  | $ | 91,303 |  |
| Accumulated amortization | n/a |  |  | n/a |  |  | (11,165 | ) |  | (11,165 | ) |
| Accumulated translation adjustment | 4,911 |  |  | — |  |  | — |  |  | 4,911 |  |
|  | 47,148 |  |  | 26,036 |  |  | 11,865 |  |  | 85,049 |  |
| Acquired during the year | 54,855 |  |  | 94,748 |  |  | 387,545 |  |  | 537,148 |  |
| Amortization | n/a |  |  | n/a |  |  | (55,369 | ) |  | (55,369 | ) |
|  | $ | 102,003 |  |  | $ | 120,784 |  |  | $ | 344,041 |  |  | $ | 566,828 |  |
n/a – not applicable
(1) | During the year ended December 31, 2017, an amount of $6,136 and 7,945 was adjusted from gross amount and accumulated amortization, respectively, as a result of the wind-down of the Company's retail insurance operations in Australia.
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS | The gross amount and accumulated amortization by category of VOBA and intangible assets is shown in the following table:
|  |  | VOBA and intangible assets |
| Balance At December 31, 2017 |  | Gross amount |  | Accumulated amortization |  | Total |
| U.S. state licenses |  | $ | 26,036 |  |  | n/a |  |  | $ | 26,036 |  |
| Customer lists, trademark and non-compete - Media Pro |  | 9,700 |  |  | (9,244 | ) |  | 456 |  |
| Customer relationships and customers lists - Ternian |  | 13,330 |  |  | (3,666 | ) |  | 9,664 |  |
| Other intangibles - Aviabel |  | 2,140 |  |  | (977 | ) |  | 1,163 |  |
| VOBA - Novae |  | 256,942 |  |  | (50,104 | ) |  | 206,838 |  |
| Syndicate capacity |  | 94,748 |  |  | n/a |  |  | 94,748 |  |
| Coverholders |  | 63,565 |  |  | (1,324 | ) |  | 62,241 |  |
| Large brokers |  | 46,641 |  |  | (777 | ) |  | 45,864 |  |
| SME brokers |  | 14,126 |  |  | (294 | ) |  | 13,832 |  |
| MGA contract |  | 4,131 |  |  | (148 | ) |  | 3,983 |  |
|  |  | $ | 531,359 |  |  | $ | (66,534 | ) |  | $ | 464,825 |  |
|  |  | Intangible assets |
| Balance At December 31, 2016 |  | Gross amount |  | Accumulated amortization |  | Total |
| U.S. state licenses |  | $ | 26,036 |  |  | n/a |  |  | $ | 26,036 |  |
| Customer lists, trademark and non-compete - Media Pro |  | 9,700 |  |  | (8,832 | ) |  | 868 |  |
| Customer relationships and customers lists - Ternian |  | 13,330 |  |  | (2,333 | ) |  | 10,997 |  |
|  |  | $ | 49,066 |  |  | $ | (11,165 | ) |  | $ | 37,901 |  |
SCHEDULE OF INDEFINITE-LIVED INTANGIBLE ASSETS | The gross amount and accumulated amortization by category of VOBA and intangible assets is shown in the following table:
|  |  | VOBA and intangible assets |
| Balance At December 31, 2017 |  | Gross amount |  | Accumulated amortization |  | Total |
| U.S. state licenses |  | $ | 26,036 |  |  | n/a |  |  | $ | 26,036 |  |
| Customer lists, trademark and non-compete - Media Pro |  | 9,700 |  |  | (9,244 | ) |  | 456 |  |
| Customer relationships and customers lists - Ternian |  | 13,330 |  |  | (3,666 | ) |  | 9,664 |  |
| Other intangibles - Aviabel |  | 2,140 |  |  | (977 | ) |  | 1,163 |  |
| VOBA - Novae |  | 256,942 |  |  | (50,104 | ) |  | 206,838 |  |
| Syndicate capacity |  | 94,748 |  |  | n/a |  |  | 94,748 |  |
| Coverholders |  | 63,565 |  |  | (1,324 | ) |  | 62,241 |  |
| Large brokers |  | 46,641 |  |  | (777 | ) |  | 45,864 |  |
| SME brokers |  | 14,126 |  |  | (294 | ) |  | 13,832 |  |
| MGA contract |  | 4,131 |  |  | (148 | ) |  | 3,983 |  |
|  |  | $ | 531,359 |  |  | $ | (66,534 | ) |  | $ | 464,825 |  |
|  |  | Intangible assets |
| Balance At December 31, 2016 |  | Gross amount |  | Accumulated amortization |  | Total |
| U.S. state licenses |  | $ | 26,036 |  |  | n/a |  |  | $ | 26,036 |  |
| Customer lists, trademark and non-compete - Media Pro |  | 9,700 |  |  | (8,832 | ) |  | 868 |  |
| Customer relationships and customers lists - Ternian |  | 13,330 |  |  | (2,333 | ) |  | 10,997 |  |
|  |  | $ | 49,066 |  |  | $ | (11,165 | ) |  | $ | 37,901 |  |
FUTURE AMORTIZATION EXPENSE | The estimated amortization expense of VOBA and intangible assets with a finite life is shown in the following table:
|  |  | VOBA |  | Intangible assets |  | Total |
| 2018 |  | $ | 171,124 |  |  | $ | 13,025 |  |  | $ | 184,149 |  |
| 2019 |  | 26,722 |  |  | 11,606 |  |  | 38,328 |  |
| 2020 |  | 5,139 |  |  | 11,506 |  |  | 16,645 |  |
| 2021 |  | 3,853 |  |  | 11,506 |  |  | 15,359 |  |
| 2022 |  | — |  |  | 11,506 |  |  | 11,506 |  |
| 2023 and thereafter |  | — |  |  | 78,054 |  |  | 78,054 |  |
| Total remaining amortization expense |  | 206,838 |  |  | 137,203 |  |  | 344,041 |  |
| Indefinite lived intangible assets |  | — |  |  | 120,784 |  |  | 120,784 |  |
| Total intangible assets |  | $ | 206,838 |  |  | $ | 257,987 |  |  | $ | 464,825 |  |

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