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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2014
Fair Value Disclosures [Abstract] |
Assets Measured for at Fair Value on Recurring Basis | The following tables set forth by level within the fair value hierarchy the Company’s assets that were measured at fair value on a recurring basis as of the dates presented (in thousands):
|  | Fair Value Measurements |
|  | As of December 31, 2014 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Fixed maturities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government obligations and agencies |  | $ | — |  |  | $ | 120,038 |  |  | $ | — |  |  | $ | 120,038 |
Corporate bonds |  |  | — |  |  |  | 119,832 |  |  |  | — |  |  |  | 119,832 |
Mortgage-backed and asset-backed securities |  |  | — |  |  |  | 107,223 |  |  |  | — |  |  |  | 107,223 |
Redeemable preferred stock |  |  | — |  |  |  | 6,856 |  |  |  | — |  |  |  | 6,856 |
Equity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 270 |  |  |  | — |  |  |  | — |  |  |  | 270 |
Mutual funds |  |  | 19,372 |  |  |  | — |  |  |  | — |  |  |  | 19,372 |
Short-term investments (1) |  |  | — |  |  |  | 37,490 |  |  |  | — |  |  |  | 37,490 |
Total assets accounted for at fair value |  | $ | 19,642 |  |  | $ | 391,439 |  |  | $ | — |  |  | $ | 411,081 |
(1) | Excludes $12.5 million of certificates of deposit not subject to remeasurement.
|  | Fair Value Measurements |
|  | As of December 31, 2013 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Fixed maturities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government obligations and agencies |  | $ | — |  |  | $ | 104,215 |  |  | $ | — |  |  | $ | 104,215 |
Corporate bonds |  |  | — |  |  |  | 94,203 |  |  |  | — |  |  |  | 94,203 |
Mortgage-backed and asset-backed securities |  |  | — |  |  |  | 91,000 |  |  |  | — |  |  |  | 91,000 |
Equity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 9,295 |  |  |  | — |  |  |  | — |  |  |  | 9,295 |
Mutual funds |  |  | 55,727 |  |  |  | — |  |  |  | — |  |  |  | 55,727 |
Total assets accounted for at fair value |  | $ | 65,022 |  |  | $ | 289,418 |  |  | $ | — |  |  | $ | 354,440 |
Summarizes Carrying Value and Estimated Fair Values of Financial Instruments not Carried at Fair Value | The following table summarizes the carrying value and estimated fair values of the Company’s financial instruments that are not carried at fair value as of the dates presented (in thousands):
|  | As of December 31, |
|  | 2014 |  |  | 2013 |
|  |  |  |  |  | (Level 3) |  |  |  |  |  |  | (Level 3) |
|  | Carrying |  |  | Estimated |  |  | Carrying |  |  | Estimated |
|  | value |  |  | fair value |  |  | value |  |  | fair value |
Liabilities (debt): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Surplus note |  | $ | 17,280 |  |  | $ | 14,951 |  |  | $ | 18,750 |  |  | $ | 15,900 |
Term loan |  | $ | 13,330 |  |  | $ | 13,330 |  |  | $ | 18,490 |  |  | $ | 18,490 |

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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