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Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2013
Accounting Policies [Abstract] |
Cash and Cash Equivalents | The following table presents the amount of cash and cash equivalents as of the periods presented (in thousands):
|  | Cash and cash equivalents |
|  | As of September 30, 2013 |  |  | As of December 31, 2012 |
Institution |  | Cash |  |  | Money Market Funds |  |  | Total |  |  | % by institution |  |  | Cash |  |  | Money Market Funds |  |  | Total |  |  | % by institution |
U.S. Bank IT&C |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  | — |  |  | $ | — |  |  | $ | 40,463 |  |  | $ | 40,463 |  |  |  | 11.6 | %
SunTrust Bank |  |  | 528 |  |  |  | 3,696 |  |  |  | 4,224 |  |  |  | 3.1 | % |  |  | 773 |  |  |  | 1,055 |  |  |  | 1,828 |  |  |  | 0.5 | %
SunTrust Bank Escrow Services |  |  | — |  |  |  | 93,794 |  |  |  | 93,794 |  |  |  | 68.3 | % |  |  | — |  |  |  | 300,843 |  |  |  | 300,843 |  |  |  | 86.6 | %
Wells Fargo Bank N.A. |  |  | 2,701 |  |  |  | — |  |  |  | 2,701 |  |  |  | 2.0 | % |  |  | 1,991 |  |  |  | 3 |  |  |  | 1,994 |  |  |  | 0.6 | %
Deutsche Bank Securities, Inc. |  |  | — |  |  |  | 21,042 |  |  |  | 21,042 |  |  |  | 15.3 | % |  |  | 1,796 |  |  |  | 468 |  |  |  | 2,264 |  |  |  | 0.7 | %
State Street Bank and Trust Company |  |  | — |  |  |  | 14,800 |  |  |  | 14,800 |  |  |  | 10.8 | % |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
All Other Banking Institutions |  |  | 725 |  |  |  | — |  |  |  | 725 |  |  |  | 0.5 | % |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 3,954 |  |  | $ | 133,332 |  |  | $ | 137,286 |  |  |  | 100.0 | % |  | $ | 4,560 |  |  | $ | 342,832 |  |  | $ | 347,392 |  |  |  | 100.0 | %
Restricted Cash and Cash Equivalents | The following table presents the amount of restricted cash and cash equivalents as of the periods presented (in thousands):
|  | Restricted cash and cash equivalents |
|  | As of September 30, 2013 |  |  | As of December 31, 2012 |
Institution |  | State Deposits |  |  | % by institution |  |  | State Deposits |  |  | % by institution |
U.S. Bank IT&C |  | $ | 800 |  |  |  | 30.8 | % |  | $ | 800 |  |  |  | 2.4 | %
Florida Department of Financial Services |  |  | 1,800 |  |  |  | 69.2 | % |  |  | 32,209 |  |  |  | 97.6 | %
Total |  | $ | 2,600 |  |  |  | 100.0 | % |  | $ | 33,009 |  |  |  | 100.0 | %
Unsecured Net Amounts Due from Reinsurers Whose Aggregate Balance Exceeded 3% of Stockholders' Equity | The following table presents the unsecured amounts due from the Company’s reinsurers whose aggregate balance exceeded 3% of the Company’s stockholders’ equity as of the periods presented (in thousands):
|  | Current Ratings |  | As of |
Reinsurer |  | AM Best Company |  | Standard and Poor’s Rating Services |  | Moody’s Investors Service, Inc. |  | September 30, 2013 |  |  | December 31, 2012 |
Everest Reinsurance Company |  | A+ |  | A+ |  | A1 |  | $ | 84,387 |  |  | $ | 44,392 |
Florida Hurricane Catastrophe Fund |  | n/a |  | n/a |  | n/a |  |  | — |  |  |  | 31,970 |
Odyssey Reinsurance Company |  | A |  | A- |  | A3 |  |  | 151,600 |  |  |  | 192,096 |
Total (1) |  |  |  |  |  |  |  | $ | 235,987 |  |  | $ | 268,458 |
(1) | Amounts represent prepaid reinsurance premiums, reinsurance receivables, and net recoverables for paid and unpaid losses, including incurred but not reported reserves, loss adjustment expenses, and offsetting reinsurance payables.

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- Definition Tabular disclosure of reinsurer or group of reinsurers for whom the entity has a concentration of credit risk. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13537-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 825 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=28088331&loc=SL29635902-196195 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13531-108611 + Details
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- Definition Tabular disclosure of the cash and cash items which are restricted as to withdrawal or usage. The provisions of any restrictions are described in a note to the financial statements. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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