XML 89 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8

Investments (Tables)

6 Months Ended

Jun. 30, 2013

Investments Debt And Equity Securities [Abstract]

Summary of Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Value Available-for-Sale Securities

At June 30, 2013 and December 31, 2012, the amortized cost, gross unrealized gains and losses, and estimated fair value of the Company’s available-for-sale securities by security type were as follows:

		Amortized Cost				Gross Unrealized Gain				Gross Unrealized Loss				Estimated Fair Value
As of June 30, 2013
Fixed-maturity securities
U.S. Treasury and U.S. government agencies		$	1,671				45				(3	)			1,713
Corporate bonds			15,017				375				(86	)			15,306
Commercial mortgage-backed securities			11,133				589				(82	)			11,640
State, municipalities, and political subdivisions			10,251				489				(56	)			10,684
Redeemable preferred stock			766				12				(2	)			776
Total			38,838				1,510				(229	)			40,119
Equity securities			10,156				566				(387	)			10,335
Total available-for-sale securities		$	48,994				2,076				(616	)			50,454
As of December 31, 2012
Fixed-maturity securities
U.S. Treasury and U.S. government agencies		$	1,359				88				—				1,447
Corporate bonds			10,298				572				(10	)			10,860
Commercial mortgage-backed securities			10,708				936				—				11,644
State, municipalities, and political subdivisions			10,152				914				—				11,066
Redeemable preferred stock			919				18				(1	)			936
Total			33,436				2,528				(11	)			35,953
Equity securities			8,756				303				(183	)			8,876
Total available-for-sale securities		$	42,192				2,831				(194	)			44,829

Scheduled Maturities of Fixed-Maturity Securities

The scheduled maturities of fixed-maturity securities at June 30, 2013 are as follows:

		Amortized Cost				Estimated Fair Value
Available-for-sale
Due in one year or less		$	1,376				1,380
Due after one year through five years			9,824				10,103
Due after five years through ten years			10,783				10,969
Due after ten years			5,722				6,026
Commercial mortgage-backed securities			11,133				11,641
		$	38,838				40,119

Summary of Proceeds Received and Gross Realized Gains and Losses from Sales of Available for Sale Securities

Proceeds received, and the gross realized gains and losses from sales of available-for-sale securities, for the three and six months ended June 30, 2013 and 2012 were as follows:

		Proceeds				Gross Realized Gains				Gross Realized Losses
Three months ended June 30, 2013
Fixed-maturity securities		$	322				2				(3	)
Equity securities		$	952				44				(51	)
Three months ended June 30, 2012
Fixed-maturity securities		$	1,197				11				—
Equity securities		$	1,412				8				(10	)
Six months ended June 30, 2013
Fixed-maturity securities		$	1,359				34				(3	)
Equity securities		$	1,313				64				(83	)
Six months ended June 30, 2012
Fixed-maturity securities		$	2,419				40				(3	)
Equity securities		$	1,512				8				(15	)

Summary of Securities with Gross Unrealized Loss Positions Aggregated by Investment Category

Securities with gross unrealized loss positions at June 30, 2013, aggregated by investment category and length of time the individual securities have been in a continuous loss position, are as follows:

		Less Than Twelve Months								Twelve Months or Greater								Total
		Gross				Estimated				Gross				Estimated				Gross				Estimated
		Unrealized				Fair				Unrealized				Fair				Unrealized				Fair
As of June 30, 2013		Loss				Value				Loss				Value				Loss				Value
Fixed-maturity securities
U.S. Treasury and U.S. government agencies		$	(3	)			510				—				—				(3	)			510
Corporate bonds			(86	)			3,656				—				—				(86	)			3,656
Commercial mortgage-backed securities			(82	)			1,949				—				—				(82	)			1,949
State, municipalities, and political subdivisions			(56	)			1,571				—				—				(56	)			1,571
Redeemable preferred stock			(2	)			197				—				—				(2	)			197
Total fixed-maturity securities			(229	)			7,883				—				—				(229	)			7,883
Equity securities			(328	)			6,266				(59	)			181				(387	)			6,447
Total available-for-sale securities		$	(557	)			14,149				(59	)			181				(616	)			14,330

Summary of Other Invested Assets

Other investments consist of the following as of June 30, 2013 and December 31, 2012:

		June 30,				December 31,
		2013				2012
Land		$	11,009				10,993
Land improvements			1,351				1,326
Buildings			2,873				2,869
Other			1,311				1,238
Total, at cost			16,544				16,426
Less: accumulated depreciation and amortization			(530	)			(339	)
Other investments		$	16,014				16,087

X

- Definition

Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563



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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563



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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27337-111563



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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27198-111563



Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803



Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of realized gains and losses on investments reported in the statement of income.

+ References

No definition available.

+ Details

Name:	us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration