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Acquisition of Westminster American Insurance Company (Tables) - Westminster American Insurance Company [Member] | 12 Months Ended
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Dec. 31, 2021
Schedule of Proforma Information of Business Combination | The following unaudited pro forma summary presents consolidated information of the Company as if the business combination had occurred on January 1, 2019:
|  | Pro Forma Year Ended December 31, |
|  | 2019 |
Revenues |  | $ | 292,858 |
Net income attributable to NI Holdings, Inc. |  |  | 24,394 |
Basic earnings per common share attributable to NI Holdings, Inc. |  |  | 1.10 |
Schedule of Identified Assets Acquired and Liabilities Assumed | The following table summarizes the consideration transferred to acquire Westminster and the amounts of identified assets acquired and liabilities assumed at the acquisition date:
Fair Value of Consideration:
Cash consideration transferred |  | $ | 20,000 |
Present value of future cash consideration |  |  | 18,787 |
Total cash consideration |  | $ | 38,787 |
Fair Value of Identifiable Assets Acquired and Liabilities Assumed: |  |  |  |
Identifiable net assets: |  |  |  |
Cash and cash equivalents |  | $ | 19,297 |
Fixed income securities |  |  | 12,073 |
Equity securities |  |  | 2,705 |
Other investments |  |  | 735 |
Premiums and agents' balances receivable |  |  | 8,507 |
Reinsurance recoverables on losses |  |  | 763 |
Accrued investment income |  |  | 70 |
Property and equipment |  |  | 2,376 |
Federal income tax recoverable |  |  | 138 |
State insurance licenses (included in goodwill and other intangibles) |  |  | 1,800 |
Distribution network (included in goodwill and other intangibles) |  |  | 6,700 |
Trade name (included in goodwill and other intangibles) |  |  | 500 |
Value of business acquired (included in goodwill and other intangibles) |  |  | 4,750 |
Other assets |  |  | 76 |
Unpaid losses and loss adjustment expenses |  |  | (8,568 | )
Unearned premiums |  |  | (16,611 | )
Deferred income taxes, net |  |  | (1,583 | )
Reinsurance premiums payable |  |  | (565 | )
Accrued expenses and other liabilities |  |  | (1,132 | )
Total identifiable net assets |  | $ | 32,031 |
Goodwill |  | $ | 6,756 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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