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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 47,400,000 $ 34,050,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 2,789,000 4,333,000
Net amortization of premiums on investments in fixed-maturity securities 530,000 440,000
Depreciation and amortization 2,589,000 2,436,000
Deferred income tax benefits (1,188,000) (1,384,000)
Net realized investment losses (gains) 267,000 (1,171,000)
Other-than-temporary impairment losses 1,983,000 0
Income from real estate investments (112,000) (5,000)
Loss from joint venture 1,000  
Loss from limited partnership interest 462,000  
Net loss (gain) on disposal or sale of real estate investments 26,000 (1,000)
Foreign currency remeasurement loss (gain) 17,000 (12,000)
Changes in operating assets and liabilities:    
Premiums receivable (14,337,000) (14,088,000)
Advance premiums 11,025,000 10,369,000
Prepaid reinsurance premiums 678,000 (5,211,000)
Accrued interest and dividends receivable (515,000) (130,000)
Other assets (12,942,000) (6,457,000)
Assumed reinsurance balances payable 637,000 (4,344,000)
Deferred policy acquisition costs (6,979,000) (6,012,000)
Losses and loss adjustment expenses 5,421,000 (642,000)
Unearned premiums 19,432,000 34,750,000
Income taxes 8,571,000 (440,000)
Accrued expenses and other liabilities 12,020,000 13,449,000
Net cash provided by operating activities 77,775,000 59,930,000
Cash flows from investing activities:    
Investment in real estate under acquisition, development, and construction arrangement (3,285,000) (2,591,000)
Investments in limited partnership interests (20,628,000)  
Investment in joint venture (270,000)  
Purchase of property and equipment, net (376,000) (166,000)
Purchase of real estate investments (128,000) (312,000)
Purchase of fixed-maturity securities (77,251,000) (28,382,000)
Purchase of equity securities (24,505,000) (24,141,000)
Proceeds from sales of fixed-maturity securities 3,285,000 19,962,000
Proceeds from calls, repayments and maturities of fixed-maturity securities 4,205,000 1,630,000
Proceeds from sales of equity securities 7,994,000 5,930,000
Proceeds from sales of real estate investments 5,000 1,000
Net cash used in investing activities (110,954,000) (28,069,000)
Cash flows from financing activities:    
Proceeds from the exercise of common stock options 200,000 125,000
Cash dividends paid (6,375,000) (6,319,000)
Cash dividends received under share repurchase forward contract 374,000 342,000
Repurchases of common stock (772,000) (597,000)
Repurchases of common stock under share repurchase plan (1,610,000) (17,810,000)
Redemption of Series A preferred stock   (34,000)
Debt issuance costs   (234,000)
Tax benefits on stock-based compensation 1,691,000 1,304,000
Net cash used in financing activities (6,492,000) (23,223,000)
Effect of exchange rate changes on cash (16,000) 12,000
Net (decrease) increase in cash and cash equivalents (39,687,000) 8,650,000
Cash and cash equivalents at beginning of period 314,416,000 293,098,000
Cash and cash equivalents at end of period 274,729,000 301,748,000
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 20,154,000 21,050,000
Cash paid for interest 3,606,000 2,652,000
Non-cash investing and financing activities:    
Unrealized (loss) gain on investments in available-for-sale securities, net of tax $ (535,000) 2,883,000
Series A Preferred Stock [Member]    
Non-cash investing and financing activities:    
Conversion of Series A Preferred Stock to common stock   $ 991,000