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Debt (Tables)
 6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
ProAssurance’s outstanding debt consisted of the following:
(In thousands)
June 30,
2018
 
December 31,
2017
Senior Notes due 2023, unsecured, interest at 5.3% annually
$
250,000

 
$
250,000

Revolving Credit Agreement, outstanding borrowings were fully secured and carried at a weighted average interest rate of 1.91%. Outstanding borrowings are not permitted to exceed $250 million aggregately; Revolving Credit Agreement expires in 2020. The interest rate on borrowings is set at the time the respective borrowing is initiated or renewed.
—

 
123,000

Mortgage Loans, outstanding borrowings are secured by first priority liens on two office buildings, and bear an interest rate of three-month LIBOR plus 1.325% (3.65% and 2.86%, respectively) determined on a quarterly basis.
39,762

 
40,460

Total principal
289,762

 
413,460

Less debt issuance costs
1,491

 
1,649

Debt less debt issuance costs
$
288,271

 
$
411,811