2013 Form 10-K Financial Statement
#000107262714000026 Filed on March 31, 2014
Income Statement
Concept | 2013 | 2012 Q4 | 2012 Q3 |
---|---|---|---|
Revenue | $172.3M | $41.40M | $34.80M |
YoY Change | 7.95% | 0.24% | -48.96% |
Cost Of Revenue | $1.843M | ||
YoY Change | |||
Gross Profit | $170.4M | ||
YoY Change | 6.79% | ||
Gross Profit Margin | 98.93% | ||
Selling, General & Admin | $79.80M | $21.10M | $16.80M |
YoY Change | 7.98% | 35.26% | -6.67% |
% of Gross Profit | 46.82% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $3.838M | $2.000M | -$5.399M |
YoY Change | 29.88% | 233.33% | -1179.8% |
% of Gross Profit | 2.25% | ||
Operating Expenses | $206.8M | $47.30M | $56.48M |
YoY Change | 3.35% | -6.34% | -5.23% |
Operating Profit | -$13.49M | -$16.33M | |
YoY Change | -45.14% | ||
Interest Expense | $7.263M | -$900.0K | $1.887M |
YoY Change | -4.91% | -18.18% | -211.0% |
% of Operating Profit | |||
Other Income/Expense, Net | -$12.33M | -$2.180M | |
YoY Change | 39.93% | ||
Pretax Income | -$43.38M | -$9.100M | -$21.09M |
YoY Change | -13.69% | -30.0% | -341.7% |
Income Tax | -$67.00K | $3.900M | -$1.054M |
% Of Pretax Income | |||
Net Earnings | -$36.86M | -$13.70M | -$18.87M |
YoY Change | -29.23% | 95.71% | -360.19% |
Net Earnings / Revenue | -21.4% | -33.09% | -54.22% |
Basic Earnings Per Share | -$2.61 | -$1.52 | |
Diluted Earnings Per Share | -$2.61 | -$1.038M | -$1.52 |
COMMON SHARES | |||
Basic Shares Outstanding | 14.11M shares | 13.15M shares | 13.15M shares |
Diluted Shares Outstanding | 14.11M shares | 13.15M shares |
Balance Sheet
Concept | 2013 | 2012 Q4 | 2012 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $98.60M | $80.81M | $60.87M |
Short-Term Investments | |||
Other Short-Term Assets | $7.900M | ||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $23.10M | $19.90M | $29.20M |
YoY Change | 16.08% | -32.31% | 135.48% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.700M | $2.709M | $3.323M |
YoY Change | -37.04% | -79.23% | -71.6% |
Goodwill | $8.421M | $510.0K | |
YoY Change | 1551.18% | ||
Intangibles | $50.58M | $39.12M | |
YoY Change | 29.3% | ||
Long-Term Investments | $69.80M | $41.73M | $47.17M |
YoY Change | -47.12% | -14.12% | -75.15% |
Other Assets | $6.300M | $8.700M | $8.700M |
YoY Change | -27.59% | ||
Total Long-Term Assets | $301.5M | $352.9M | $312.3M |
YoY Change | -14.57% | 2.38% | -19.63% |
TOTAL ASSETS | |||
Total Short-Term Assets | $23.10M | $19.90M | $29.20M |
Total Long-Term Assets | $301.5M | $352.9M | $312.3M |
Total Assets | $324.6M | $372.8M | $341.5M |
YoY Change | -12.93% | -0.34% | -14.84% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $36.80M | $34.70M | $27.40M |
YoY Change | 6.05% | 31.94% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $39.80M | $37.60M | $27.40M |
YoY Change | 5.85% | 42.97% | -32.84% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $57.70M | $61.20M | $61.90M |
YoY Change | -5.72% | 9.29% | 10.34% |
Other Long-Term Liabilities | $48.80M | $49.00M | $14.00M |
YoY Change | -0.41% | 341.44% | 418.52% |
Total Long-Term Liabilities | $106.5M | $110.2M | $75.90M |
YoY Change | -3.36% | 64.23% | 29.08% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $39.80M | $37.60M | $27.40M |
Total Long-Term Liabilities | $106.5M | $110.2M | $75.90M |
Total Liabilities | $289.2M | $307.4M | $264.2M |
YoY Change | -6.01% | 19.29% | -2.5% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$262.1M | -$248.4M | |
YoY Change | 30.25% | ||
Common Stock | $0.00 | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $35.50M | $65.07M | $77.64M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $324.6M | $372.8M | $341.5M |
YoY Change | -12.93% | -0.34% | -14.84% |
Cashflow Statement
Concept | 2013 | 2012 Q4 | 2012 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$36.86M | -$13.70M | -$18.87M |
YoY Change | -29.23% | 95.71% | -360.19% |
Depreciation, Depletion And Amortization | $3.838M | $2.000M | -$5.399M |
YoY Change | 29.88% | 233.33% | -1179.8% |
Cash From Operating Activities | -$41.81M | -$6.000M | -$9.800M |
YoY Change | -10.46% | -67.03% | -56.25% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.126M | -$100.0K | -$100.0K |
YoY Change | 562.35% | -80.0% | -87.5% |
Acquisitions | $1.052M | $4.900M | |
YoY Change | -107.08% | ||
Other Investing Activities | $61.20M | $26.00M | $11.70M |
YoY Change | 32.75% | 19.82% | 178.57% |
Cash From Investing Activities | $60.03M | $26.00M | $11.60M |
YoY Change | 30.49% | 22.64% | 241.18% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $12.10M | ||
YoY Change | 9066.67% | ||
Debt Paid & Issued, Net | $1.700M | ||
YoY Change | |||
Cash From Financing Activities | -$437.0K | 0.000 | -4.000M |
YoY Change | -88.91% | 3900.0% | |
NET CHANGE | |||
Cash From Operating Activities | -$41.81M | -6.000M | -9.800M |
Cash From Investing Activities | $60.03M | 26.00M | 11.60M |
Cash From Financing Activities | -$437.0K | 0.000 | -4.000M |
Net Change In Cash | $17.78M | 20.00M | -2.200M |
YoY Change | -550.94% | 566.67% | -88.48% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$41.81M | -$6.000M | -$9.800M |
Capital Expenditures | $1.126M | -$100.0K | -$100.0K |
Free Cash Flow | -$42.94M | -$5.900M | -$9.700M |
YoY Change | -8.38% | -66.67% | -55.09% |
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723000 | USD |
CY2012 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-1159000 | USD |
CY2013 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-41299000 | USD |
CY2012 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-51477000 | USD |
CY2012 | us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
|
0 | USD |
CY2013Q3 | us-gaap |
Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
|
5344000 | USD |
CY2012Q4 | us-gaap |
Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
|
3987000 | USD |
CY2013Q4 | us-gaap |
Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
|
1642975 | shares |
CY2012 | us-gaap |
Cost Of Services
CostOfServices
|
0 | USD |
CY2013 | us-gaap |
Cost Of Services
CostOfServices
|
1843000 | USD |
CY2012 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
-526000 | USD |
CY2013 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
272000 | USD |
CY2013 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-502000 | USD |
CY2012 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
1932000 | USD |
CY2013Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
14854000 | USD |
CY2012Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
13655000 | USD |
CY2005Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
78000000 | CAD |
CY2013Q1 | us-gaap |
Debt Instrument Increase Decrease For Period Net
DebtInstrumentIncreaseDecreaseForPeriodNet
|
25000000 | USD |
CY2005Q3 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.050 | |
CY2004Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0 | |
CY2012Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.060 | |
us-gaap |
Debt Instrument Interest Rate Stated Percentage Rate Range Maximum
DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
|
0 | ||
CY2013 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
8.21 | |
CY2013Q1 | us-gaap |
Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
|
600000 | USD |
CY2013Q1 | us-gaap |
Debt Instrument Repurchased Face Amount
DebtInstrumentRepurchasedFaceAmount
|
600000 | USD |
CY2013Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0 | |
CY2012Q4 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
1408000 | USD |
CY2013Q4 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
1052000 | USD |
CY2013 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
435000 | USD |
CY2012 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1085000 | USD |
CY2012Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
40635000 | USD |
CY2013Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
36786000 | USD |
CY2013 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
31251000 | USD |
CY2012 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
22443000 | USD |
CY2012Q4 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
14102000 | USD |
CY2013Q4 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
12392000 | USD |
CY2011Q4 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
8116000 | USD |
CY2012 | us-gaap |
Deferred Policy Acquisition Costs Additions
DeferredPolicyAcquisitionCostsAdditions
|
23346000 | USD |
CY2013 | us-gaap |
Deferred Policy Acquisition Costs Additions
DeferredPolicyAcquisitionCostsAdditions
|
29541000 | USD |
CY2013Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
48788000 | USD |
CY2012Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
48987000 | USD |
CY2013Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
35761000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
2438000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
2274000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
1462000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
1767000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
32613000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
37581000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
298358000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
282780000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
2316000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
2403000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
987000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
1194000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
|
6599000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
|
6507000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
|
3421000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
284276000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
265553000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
3054000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
4173000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
|
4268000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
|
4213000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
|
21090000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
|
24603000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
4173000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
3054000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
|
8129000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
|
7305000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
581000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
5000 | USD |
CY2013 | us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
0.05 | USD |
CY2012 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
600000 | USD |
CY2013 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
600000 | USD |
CY2013 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.50 | |
CY2013 | us-gaap |
Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
|
1.00 | |
CY2012 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
|
17000 | USD |
CY2013 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
|
17500 | USD |
CY2013 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
0.60 | |
CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2955000 | USD |
CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3838000 | USD |
CY2013 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RECENTLY ISSUED ACCOUNTING STANDARDS</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(a)    Adoption of New Accounting Standards:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2012, the FASB issued ASU 2012-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles-Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment</font><font style="font-family:inherit;font-size:10pt;"> ("ASU 2012-02"). ASU 2012-02 provides entities with an option to first assess qualitative factors to determine whether events or circumstances indicate that it is more likely than not that the indefinite-lived intangible asset is impaired. If an entity concludes that it is more than 50% likely that an indefinite-lived intangible asset is not impaired, no further analysis is required. However, if an entity concludes otherwise, it would be required to determine the fair value of the indefinite-lived intangible asset to measure the amount of actual impairment, if any, as currently required under US GAAP. Effective January 1, 2013, the Company adopted ASU 2012-02 and the adoption did not have an impact on the consolidated financial statements. There have been no triggering events that would suggest possible impairment or that it is more-likely-than-not that the fair values of indefinite-lived intangible assets are less than their carrying amounts. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2013, the FASB issued ASU 2013-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income </font><font style="font-family:inherit;font-size:10pt;">("ASU 2013-02"), which is intended to improve the reporting of reclassifications out of accumulated other comprehensive income.  The ASU requires an entity to report, either on the face of the income statement or in the notes to the financial statements, the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in the income statement if the amount being reclassified is required to be reclassified in its entirety to net income.  For other amounts that are not required to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other required disclosures that provide additional detail about those amounts.  Effective January 1, 2013, the Company adopted ASU 2013-02. Except for the new disclosure requirements, the adoption of the standard did not have an impact on the consolidated financial statements. The required disclosures are included in Note </font><font style="font-family:inherit;font-size:10pt;">22</font><font style="font-family:inherit;font-size:10pt;">, "</font><font style="font-family:inherit;font-size:10pt;">Accumulated Other Comprehensive Income</font><font style="font-family:inherit;font-size:10pt;">."</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(b)    Accounting Standard Not Yet Adopted:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2013, the FASB issued ASU 2013-11, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists </font><font style="font-family:inherit;font-size:10pt;">("ASU 2013-11"). ASU 2013-11 is effective for the first interim or annual period beginning on or after December 15, 2013 with early adoption permitted. ASU 2013-11 amends ASC Topic 740, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">, to provide guidance and reduce diversity in practice on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. Except for the changes, if any, in the Company's presentation, the initial application of the standard is not expected to have a material impact on the consolidated financial statements.</font></div></div> | |
CY2013 | us-gaap |
Direct Premiums Written
DirectPremiumsWritten
|
125077000 | USD |
CY2012 | us-gaap |
Direct Premiums Written
DirectPremiumsWritten
|
128050000 | USD |
CY2013 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
7227000 | USD |
CY2012 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
0 | USD |
CY2012 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
0 | USD |
CY2013 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
7227000 | USD |
CY2012 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | USD |
CY2013 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | USD |
CY2013 | us-gaap |
Disposal Group Including Discontinued Operation Foreign Currency Translation Gains Losses
DisposalGroupIncludingDiscontinuedOperationForeignCurrencyTranslationGainsLosses
|
-7227000 | USD |
CY2012 | us-gaap |
Disposal Group Including Discontinued Operation Foreign Currency Translation Gains Losses
DisposalGroupIncludingDiscontinuedOperationForeignCurrencyTranslationGainsLosses
|
0 | USD |
CY2013Q1 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
600000 | USD |
CY2012 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
2703000 | USD |
CY2013Q4 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
12000000 | USD |
CY2012 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-4.05 | |
CY2013 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.56 | |
CY2013 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.56 | |
CY2012 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-4.05 | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0 | |
CY2011Q1 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0 | |
CY2012Q4 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0 | |
CY2013Q1 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.165 | |
CY2012Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
41733000 | USD |
CY2013Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
0 | USD |
CY2012Q4 | us-gaap |
Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
|
38758000 | USD |
CY2013Q4 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
|
1800000 | USD |
CY2013 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Instruments Classified In Shareholders Equity Purchases Sales Issues Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInstrumentsClassifiedInShareholdersEquityPurchasesSalesIssuesSettlements
|
0 | USD |
CY2012 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Instruments Classified In Shareholders Equity Purchases Sales Issues Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInstrumentsClassifiedInShareholdersEquityPurchasesSalesIssuesSettlements
|
0 | USD |
CY2013 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-9060000 | USD |
CY2012 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-9234000 | USD |
CY2012 | us-gaap |
Fees And Commissions Other
FeesAndCommissionsOther
|
8621000 | USD |
CY2013 | us-gaap |
Fees And Commissions Other
FeesAndCommissionsOther
|
6350000 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
16397000 | USD |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
18583000 | USD |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
67501000 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
66980000 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
520000 | USD |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
11758000 | USD |
CY2013Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
4051000 | USD |
CY2012Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
4552000 | USD |
CY2013Q1 | us-gaap |
Gain Or Loss On Sale Of Previously Unissued Stock By Equity Investee
GainOrLossOnSaleOfPreviouslyUnissuedStockByEquityInvestee
|
1700000 | USD |
CY2013 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-24000 | USD |
CY2012 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
500000 | USD |
CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
73856000 | USD |
CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
79812000 | USD |
CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
10588000 | USD |
CY2012Q4 | us-gaap |
Goodwill
Goodwill
|
8421000 | USD |
CY2013Q2 | us-gaap |
Goodwill
Goodwill
|
1104000 | USD |
CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
8974000 | USD |
CY2013Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
1100000 | USD |
CY2013Q4 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
50000 | USD |
CY2013 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
276000 | USD |
CY2013 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
1800000 | USD |
CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-50261000 | USD |
CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-43378000 | USD |
CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-40523000 | USD |
CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-34549000 | USD |
CY2013 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-43311000 | USD |
CY2012 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-53278000 | USD |
CY2013 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-3.07 | |
CY2012 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-4.05 | |
CY2013 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-3.07 | |
CY2012 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-4.05 | |
CY2012 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1004000 | USD |
CY2013 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
255000 | USD |
CY2012 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-68000 | USD |
CY2013 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
118000 | USD |
CY2012 | us-gaap |
Income Tax Examination Interest Expense
IncomeTaxExaminationInterestExpense
|
1200000 | USD |
CY2013 | us-gaap |
Income Tax Examination Interest Expense
IncomeTaxExaminationInterestExpense
|
200000 | USD |
CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-67000 | USD |
CY2012 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3017000 | USD |
CY2013 | us-gaap |
Income Tax Reconciliation Deductions Dividends
IncomeTaxReconciliationDeductionsDividends
|
-2182000 | USD |
CY2012 | us-gaap |
Income Tax Reconciliation Deductions Dividends
IncomeTaxReconciliationDeductionsDividends
|
-1716000 | USD |
CY2013 | us-gaap |
Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
|
1119000 | USD |
CY2012 | us-gaap |
Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
|
401000 | USD |
CY2013 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-14748000 | USD |
CY2012 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-17088000 | USD |
CY2012 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-49000 | USD |
CY2013 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
121000 | USD |
CY2013 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
-708000 | USD |
CY2012 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
-1347000 | USD |
CY2013 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-674000 | USD |
CY2012 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-7956000 | USD |
CY2012 | us-gaap |
Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
|
0 | USD |
CY2013 | us-gaap |
Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
|
-2390000 | USD |
CY2013 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
-1710000 | USD |
CY2012 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
903000 | USD |
CY2013 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-199000 | USD |
CY2012 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
2098000 | USD |
CY2013 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
0 | USD |
CY2012 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-8134000 | USD |
CY2013Q4 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
200000 | USD |
CY2013 | us-gaap |
Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
|
18902000 | USD |
CY2012 | us-gaap |
Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
|
17359000 | USD |
CY2012 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-3379000 | USD |
CY2013 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-4005000 | USD |
CY2012 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
9092000 | USD |
CY2012 | us-gaap |
Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
|
3043000 | USD |
CY2012 | us-gaap |
Investment Income Dividend
InvestmentIncomeDividend
|
991000 | USD |
CY2013 | us-gaap |
Investment Income Dividend
InvestmentIncomeDividend
|
621000 | USD |
CY2013 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1249000 | USD |
CY2012 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2262000 | USD |
CY2013 | us-gaap |
Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
|
-3923000 | USD |
CY2012 | us-gaap |
Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
|
7860000 | USD |
CY2013 | us-gaap |
Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
|
1778000 | USD |
CY2013 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
3530000 | USD |
CY2012 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
5624000 | USD |
CY2012 | us-gaap |
Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
|
100184000 | USD |
CY2013 | us-gaap |
Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
|
87553000 | USD |
CY2013Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
663000 | USD |
CY2013 | us-gaap |
Insurance Commissions
InsuranceCommissions
|
23134000 | USD |
CY2012 | us-gaap |
Insurance Commissions
InsuranceCommissions
|
15422000 | USD |
CY2013 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
49543000 | USD |
CY2012 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
35491000 | USD |
CY2012Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
50583000 | USD |
CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
48918000 | USD |
CY2013 | us-gaap |
Interest Expense
InterestExpense
|
7263000 | USD |
CY2012 | us-gaap |
Interest Expense
InterestExpense
|
7638000 | USD |
CY2013 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
7263000 | USD |
CY2012 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
7638000 | USD |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
4487000 | USD |
CY2013 | us-gaap |
Interest Paid
InterestPaid
|
5145000 | USD |
CY2013Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
12800000 | USD |
CY2012 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
3612000 | USD |
CY2013 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
2608000 | USD |
CY2013 | us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
213000 | USD |
CY2012 | us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
447000 | USD |
CY2013 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
620000 | USD |
CY2012 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
427000 | USD |
CY2013Q4 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
64916000 | USD |
CY2012Q4 | us-gaap |
Investments
Investments
|
88000000 | USD |
CY2013Q4 | us-gaap |
Investments
Investments
|
69195000 | USD |
CY2013Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
61288000 | USD |
CY2012Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
|
2333000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
13655000 | USD |
CY2013Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
14854000 | USD |
CY2013Q4 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0 | |
CY2012Q2 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
6000000 | USD |
CY2013Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
12947000 | USD |
CY2012Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
18482000 | USD |
CY2013Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
|
4406000 | USD |
CY2013Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
482000 | USD |
CY2012Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
2476000 | USD |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
287719000 | USD |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
307386000 | USD |
CY2013Q2 | us-gaap |
Liabilities
Liabilities
|
572000 | USD |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
44535000 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
324639000 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
372800000 | USD |
CY2012Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
|
103116000 | USD |
CY2013Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
|
84534000 | USD |
CY2013Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
|
3665000 | USD |
CY2012Q4 | us-gaap |
Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
|
3448000 | USD |
CY2013Q4 | us-gaap |
Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
|
3128000 | USD |
CY2013 | us-gaap |
Liability For Future Policy Benefits Period Increase Decrease
LiabilityForFuturePolicyBenefitsPeriodIncreaseDecrease
|
1226000 | USD |
CY2012Q4 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Gross
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseGross
|
103116000 | USD |
CY2012 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears
|
13800000 | USD |
CY2013 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears
|
1200000 | USD |
CY2012Q4 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
106564000 | USD |
CY2013Q4 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
87662000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
61159000 | USD |
CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
57681000 | USD |
CY2014Q1 | us-gaap |
Mandatorily Redeemable Preferred Stock Fair Value Disclosure
MandatorilyRedeemablePreferredStockFairValueDisclosure
|
6600000 | USD |
CY2013Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1446000 | USD |
CY2012Q4 | us-gaap |
Minority Interest
MinorityInterest
|
343000 | USD |
CY2013Q4 | us-gaap |
Minority Interest
MinorityInterest
|
380000 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-437000 | USD |
CY2011Q1 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.60 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
45965000 | USD |
CY2013Q4 | us-gaap |
Other Assets
OtherAssets
|
4039000 | USD |
CY2013Q4 | us-gaap |
Other Assets
OtherAssets
|
8281000 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-424000 | USD |
CY2013 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BUSINESS</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Kingsway Financial Services Inc. (the "Company" or "Kingsway") was incorporated under the Business Corporations Act (Ontario) on September 19, 1989. Kingsway is a holding company and is primarily engaged, through its subsidiaries, in the property and casualty insurance business.</font></div></div> | |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3942000 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
60027000 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-46696000 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-41814000 | USD |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-36861000 | USD |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-52083000 | USD |
CY2012 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1195000 | USD |
CY2013 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
777000 | USD |
CY2013 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
2395000 | USD |
CY2012 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
3165000 | USD |
CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
206827000 | USD |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
200114000 | USD |
CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-15170000 | USD |
CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-24588000 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
4071000 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
738000 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1492000 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1986000 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
2765000 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
566000 | USD |
CY2013Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
30738000 | USD |
CY2012Q4 | us-gaap |
Other Assets
OtherAssets
|
4045000 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
1016000 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
1642000 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
10000 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
565000 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-5215000 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1801000 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-424000 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-997000 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
0 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
0 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
895000 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
642000 | USD |
CY2013Q2 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
700000 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-656000 | USD |
CY2012 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
4024000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
|
0 | USD |
CY2012Q4 | us-gaap |
Pledged Assets Separately Reported Nonsecuritized Investments Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedNonsecuritizedInvestmentsPledgedAsCollateralAtFairValue
|
22300000 | USD |
CY2013 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
0 | USD |
CY2012 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-2418000 | USD |
CY2013 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
237000 | USD |
CY2012 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
78876000 | USD |
CY2013 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
40211000 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
936000 | USD |
CY2012 | us-gaap |
Other Income
OtherIncome
|
7617000 | USD |
CY2013 | us-gaap |
Other Income
OtherIncome
|
9027000 | USD |
CY2012Q4 | us-gaap |
Other Investments
OtherInvestments
|
2000000 | USD |
CY2013Q4 | us-gaap |
Other Investments
OtherInvestments
|
3000000 | USD |
CY2012Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
34740000 | USD |
CY2013Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
36821000 | USD |
CY2013Q2 | us-gaap |
Other Liabilities
OtherLiabilities
|
572000 | USD |
CY2013Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
4729000 | USD |
CY2013 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
-19000 | USD |
CY2012 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
-170000 | USD |
CY2012 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-8809000 | USD |
CY2013 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-10855000 | USD |
CY2013Q4 | us-gaap |
Other Receivables
OtherReceivables
|
4097000 | USD |
CY2012Q4 | us-gaap |
Other Receivables
OtherReceivables
|
4750000 | USD |
CY2012 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
-2200000 | USD |
CY2012 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
2703000 | USD |
CY2013 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
2152000 | USD |
CY2012 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
49430000 | USD |
CY2013 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
16692000 | USD |
CY2013 | us-gaap |
Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
1586000 | USD |
CY2012 | us-gaap |
Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
0 | USD |
CY2013 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1052000 | USD |
CY2012Q4 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
4900000 | USD |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1100000 | USD | |
CY2013Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
13600000 | USD |
CY2012 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
2403000 | USD |
CY2013 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
2749000 | USD |
CY2013 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
906000 | USD |
CY2012 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
2000000 | USD |
CY2013 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1126000 | USD |
CY2012 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
170000 | USD |
CY2012 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
250000 | USD |
CY2013Q4 | us-gaap |
Pledged Assets Separately Reported Nonsecuritized Investments Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedNonsecuritizedInvestmentsPledgedAsCollateralAtFairValue
|
24400000 | USD |
CY2012Q4 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
CY2013Q4 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
CY2012 | us-gaap |
Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
|
114937000 | USD |
CY2013 | us-gaap |
Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
|
109608000 | USD |
CY2012 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
132000 | USD |
CY2012 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
2459000 | USD |
CY2013 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
30526000 | USD |
CY2013 | us-gaap |
Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
|
0 | |
CY2012 | us-gaap |
Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
|
0 | |
CY2013Q4 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
|
2122000 | USD |
CY2012Q4 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
|
4040000 | USD |
CY2012Q4 | us-gaap |
Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
|
35598000 | USD |
CY2013Q4 | us-gaap |
Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
|
32035000 | USD |
CY2012 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
115269000 | USD |
CY2012Q4 | us-gaap |
Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
|
7316000 | USD |
CY2013Q4 | us-gaap |
Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
|
6816000 | USD |
CY2013 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
12100000 | USD |
CY2012Q3 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
99200000 | USD |
CY2005 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
74100000 | CAD |
CY2013 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
13638000 | USD |
CY2012 | us-gaap |
Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
|
10923000 | USD |
CY2013 | us-gaap |
Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
|
16275000 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-262069000 | USD |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-298930000 | USD |
CY2013Q4 | us-gaap |
Reinsurance Payable
ReinsurancePayable
|
1033000 | USD |
CY2012Q4 | us-gaap |
Reinsurance Payable
ReinsurancePayable
|
4956000 | USD |
CY2012Q4 | us-gaap |
Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
|
5478000 | USD |
CY2013Q4 | us-gaap |
Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
|
7942000 | USD |
CY2013Q4 | us-gaap |
Reinsurance Recoverables
ReinsuranceRecoverables
|
10335000 | USD |
CY2012Q4 | us-gaap |
Reinsurance Recoverables
ReinsuranceRecoverables
|
8557000 | USD |
CY2012 | us-gaap |
Profit Loss
ProfitLoss
|
-53278000 | USD |
CY2013 | us-gaap |
Profit Loss
ProfitLoss
|
-36084000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
17510000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
25596000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1662000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2709000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
30000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
86000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
15847000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
27736000 | USD |
CY2013 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
3505000 | USD |
CY2012 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
1084000 | USD |
CY2012Q3 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1700000 | USD |
CY2013 | us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
12537000 | USD |
CY2012 | us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
1656000 | USD |
CY2013 | us-gaap |
Restructuring And Related Cost Cost Incurred To Date
RestructuringAndRelatedCostCostIncurredToDate
|
2100000 | USD |
CY2013Q3 | us-gaap |
Restructuring And Related Cost Expected Cost
RestructuringAndRelatedCostExpectedCost
|
2000000 | USD |
CY2013 | us-gaap |
Restructuring Charges
RestructuringCharges
|
1861000 | USD |
CY2012 | us-gaap |
Restructuring Charges
RestructuringCharges
|
1980000 | USD |
CY2013 | us-gaap |
Restructuring Costs
RestructuringCosts
|
1868000 | USD |
CY2012Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
1421000 | USD |
CY2013Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
1130000 | USD |
CY2013 | us-gaap |
Revenues
Revenues
|
172278000 | USD |
CY2012 | us-gaap |
Revenues
Revenues
|
159591000 | USD |
CY2013Q4 | us-gaap |
Senior Notes
SeniorNotes
|
14356000 | USD |
CY2012Q4 | us-gaap |
Senior Notes
SeniorNotes
|
23730000 | USD |
CY2004Q1 | us-gaap |
Senior Notes
SeniorNotes
|
100000000 | USD |
CY2013 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
325000 | USD |
CY2012 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
354000 | USD |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
355625 | shares |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
386125 | shares |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
397875 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
18.35 | |
CY2013Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
268125 | shares |
CY2012Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
211125 | shares |
CY2013Q1 | us-gaap |
Share Price
SharePrice
|
0 | |
CY2014Q1 | us-gaap |
Share Price
SharePrice
|
25.000 | |
CY2013Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
18.46 | |
CY2011Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
21.02 | |
CY2012Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
19.12 | |
CY2013Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
501000 | USD |
CY2012Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
585000 | USD |
CY2012Q4 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
38000 | USD |
CY2013Q4 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
40647000 | USD |
CY2013Q4 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Required
StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired
|
27825000 | USD |
CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14111000 | shares |
CY2013 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Variations
StatutoryAccountingPracticesStatutoryCapitalAndSurplusVariations
|
STATUTORY INFORMATION AND POLICIESThe Company's insurance subsidiaries prepare statutory basis financial statements in accordance with accounting practices prescribed or permitted by the Departments of Insurance in states in which they are domiciled. "Prescribed" statutory accounting practices include state laws, regulations and general administrative rules, as well as a variety of publications of the NAIC. "Permitted" statutory accounting practices encompass all accounting practices that are not prescribed. Such practices may differ from state to state; may differ from company to company within a state; and may change in the future. The Company's insurance subsidiaries are required to report results of operations and financial position to insurance regulatory authorities based upon statutory accounting practices. In converting from statutory to U.S. GAAP, typical adjustments include deferral of acquisition costs, the inclusion of statutory non-admitted assets in the balance sheets, the inclusion of net unrealized holding gains or losses related to fixed maturities in shareholders’ equity, and the inclusion of changes in deferred tax assets and liabilities in net loss.Statutory capital and surplus and statutory net loss for the Company's insurance subsidiaries are:(in thousands) December 31, 2013 2012Combined net loss, statutory basis $(3,575) $(19,284)Combined capital and surplus, statutory basis $40,647 $38,308The Company’s insurance subsidiaries are required to hold minimum levels of statutory capital and surplus to satisfy regulatory requirements. The minimum statutory capital and surplus, or company action level RBC, necessary to satisfy regulatory requirements for the Company's insurance subsidiaries collectively was $27.8 million at December 31, 2013. Company action level RBC is the level at which an insurance company is required to file a corrective action plan with its regulators and is equal to 200% of the authorized control level RBC.Dividends paid by insurance subsidiaries are restricted by regulatory requirements of the insurance departments in the subsidiaries' state of domicile. The maximum amount of dividends that can be paid to shareholders by insurance companies without prior approval of the domiciliary state insurance commissioner is generally limited to the greater of (i) 10% of a company's statutory capital and surplus at the end of the previous year or (ii) 100% of the company's net income for the previous year and is generally required to be paid out of an insurance company's unassigned funds.At December 31, 2013, the U.S. insurance subsidiaries of the Company were restricted from making any dividend payments without regulatory approval pursuant to the domiciliary state insurance regulations. | |
CY2012 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
-19000 | USD |
CY2013 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
-3575000 | USD |
CY2013 | us-gaap |
Stock Issued1
StockIssued1
|
380000 | USD |
CY2014Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
262876000 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
199000 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
205000 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0.00 | USD |
CY2013 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
524000 | USD |
CY2012 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
559000 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
65071000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35474000 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
65414000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
36920000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
116405000 | USD |
CY2012Q4 | us-gaap |
Subordinated Debt
SubordinatedDebt
|
23774000 | USD |
CY2013Q4 | us-gaap |
Subordinated Debt
SubordinatedDebt
|
28471000 | USD |
CY2013Q3 | us-gaap |
Subordinated Debt
SubordinatedDebt
|
0 | USD |
CY2013Q1 | us-gaap |
Subsidiary Or Equity Method Investee Cumulative Number Of Shares Issued For All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativeNumberOfSharesIssuedForAllTransactions
|
2625000000 | shares |
CY2012 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
20316000 | USD |
CY2011Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
3201000 | USD |
CY2013 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14111000 | shares |
CY2013 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
0 | USD |
CY2012 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
0 | USD |
CY2013 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
0 | USD |
CY2012 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
0 | USD |
CY2012 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
0 | USD |
CY2013Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
200000 | USD |
CY2013 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
15884000 | USD |
CY2013 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
|
1338000 | USD |
CY2012 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Paid Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPaidClaimsAndClaimsAdjustmentExpense
|
121716000 | USD |
CY2013 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Paid Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPaidClaimsAndClaimsAdjustmentExpense
|
101772000 | USD |
CY2013 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Premiums Written
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPremiumsWritten
|
113631000 | USD |
CY2012 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Premiums Written
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPremiumsWritten
|
115269000 | USD |
CY2013Q4 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Unearned Premiums
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersUnearnedPremiums
|
5680000 | USD |
CY2013Q4 | us-gaap |
Supplementary Insurance Information Unearned Premiums
SupplementaryInsuranceInformationUnearnedPremiums
|
347000 | USD |
CY2012Q4 | us-gaap |
Supplementary Insurance Information Unearned Premiums
SupplementaryInsuranceInformationUnearnedPremiums
|
-112000 | USD |
CY2012Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
2879000 | USD |
CY2013Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
2984000 | USD |
CY2012Q4 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
45047000 | USD |
CY2013Q4 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
48577000 | USD |
CY2012Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
3026000 | USD |
CY2013Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
1400000 | USD |
CY2012Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
1200000 | USD |
CY2012 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
691000 | USD |
CY2013 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
0 | USD |
CY2012 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
2335000 | USD |
CY2013 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
175000 | USD |
CY2013 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
175000 | USD |
CY2012 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
3026000 | USD |
CY2013 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
0 | USD |
CY2012 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13149000 | shares |
CY2012 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13149000 | shares |
CY2013 | kfs |
Amortization Of Intangible Assests Not Allocated To Segments
AmortizationOfIntangibleAssestsNotAllocatedToSegments
|
2186000 | USD |
CY2012 | kfs |
Amortization Of Intangible Assests Not Allocated To Segments
AmortizationOfIntangibleAssestsNotAllocatedToSegments
|
959000 | USD |
CY2012Q4 | kfs |
Debt Instrument Principal Value
DebtInstrumentPrincipalValue
|
133345000 | USD |
CY2013Q4 | kfs |
Debt Instrument Principal Value
DebtInstrumentPrincipalValue
|
119710000 | USD |
CY2010Q4 | kfs |
Lroc Preferred Units Tendered
LROCPreferredUnitsTendered
|
1525150 | shares |
CY2010Q4 | kfs |
Lro Cpreferredpriceperunit
LROCpreferredpriceperunit
|
20.0 | |
CY2009Q4 | kfs |
Lro Cpreferredpriceperunit
LROCpreferredpriceperunit
|
17.5 | |
CY2009Q4 | kfs |
Lro Cpreferredunits
LROCpreferredunits
|
750000 | shares |
CY2010Q4 | kfs |
Lro Cpreferredunits
LROCpreferredunits
|
1500000 | shares |
CY2013Q4 | kfs |
Lro Cpreferredunits
LROCpreferredunits
|
2333715 | shares |
CY2012Q4 | kfs |
Remaining Contractual Life Years
RemainingContractualLifeYears
|
2 | |
CY2013Q4 | kfs |
Remaining Contractual Life Years
RemainingContractualLifeYears
|
1 | |
CY2013 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2013 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2013 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2013 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
CY2013 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-12-31 | |
CY2013 | dei |
Document Type
DocumentType
|
10-K | |
CY2013 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001072627 | |
CY2014Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
16429761 | shares |
CY2013 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2013 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2013Q2 | dei |
Entity Public Float
EntityPublicFloat
|
33227916 | USD |
CY2013 | dei |
Entity Registrant Name
EntityRegistrantName
|
KINGSWAY FINANCIAL SERVICES INC. | |
CY2013 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2013 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No |