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Quarterly Results for 2013 and 2012 (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Results for the Periods Presented

The following table provides a summary of quarterly results for the periods presented (in thousands except per share data):


		First				Second				Third				Fourth
		Quarter				Quarter				Quarter				Quarter
For the year ended December 31, 2013
Net premiums earned		$	65,409			$	66,867			$	68,927			$	66,452
Investment income			12				137				382				1,397
Total revenues			67,455				77,756				78,368				77,580
Total expenses			47,693				48,068				53,255				51,587
Net income			11,959				17,029				14,407				15,582
Basic earnings per share			0.30				0.47				0.43				0.46
Diluted earnings per share			0.29				0.44				0.40				0.44

For the year ended December 31, 2012
Net premiums earned		$	48,640			$	55,694			$	59,512			$	67,274
Investment income			(36	)			(16	)			215				278
Total revenues			60,247				59,928				74,537				75,227
Total expenses			44,018				46,936				60,563				65,863
Net income			9,873				7,777				8,256				4,406
Basic earnings per share			0.24				0.20				0.21				0.11
Diluted earnings per share			0.24				0.19				0.20				0.11