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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue        
Gross premiums earned $ 92,542 $ 103,842 $ 286,273 $ 321,174
Premiums ceded (29,242) (41,077) (105,998) (100,294)
Net premiums earned 63,300 62,765 180,275 220,880
Net investment income (loss) 2,785 (519) 6,000 2,685
Net realized investment gains (losses) 583 (296) 899 (563)
Net other-than-temporary impairment losses recognized in income:        
Total other-than-temporary impairment losses (575) (2,482) (1,211) (4,465)
Portion of loss recognized in other comprehensive income, before taxes 351 596 (230) 596
Net other-than-temporary impairment losses (224) (1,886) (1,441) (3,869)
Policy fee income 972 994 2,967 2,477
Gain on repurchases of convertible senior notes     153  
Gain on bargain purchase 2,071   2,071  
Other 321 204 1,151 930
Total revenue 69,808 61,262 192,075 222,540
Expenses        
Losses and loss adjustment expenses 25,909 26,200 79,261 65,804
Policy acquisition and other underwriting expenses 10,536 10,675 32,525 30,917
Salaries and wages 5,945 5,040 17,009 15,174
Interest expense 2,672 2,698 8,112 8,038
Other operating expenses 4,717 4,711 14,213 14,040
Total operating expenses 49,779 49,324 151,120 133,973
Income before income taxes 20,029 11,938 40,955 88,567
Income tax expense 8,696 4,567 16,542 33,796
Net income $ 11,333 $ 7,371 $ 24,413 $ 54,771
Basic earnings per share $ 1.17 $ 0.72 $ 2.48 $ 5.38
Diluted earnings per share 1.10 0.71 2.41 4.84
Dividends per share $ 0.30 $ 0.30 $ 0.90 $ 0.90