Kingsway Financial Services (KFS) 10-Q 5 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	3 Months Ended
	Mar. 31, 2016	May. 05, 2016
Document Information [Line Items]
Entity Registrant Name	KINGSWAY FINANCIAL SERVICES INC.
Entity Central Index Key	1,072,627
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		19,855,906

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investments [Abstract]
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	$ 62,012	$ 55,559
Equity investments, at fair value (cost of $26,185 and $26,428, respectively)	26,303	27,559
Limited liability investments	20,240	20,141
Other investments, at cost which approximates fair value	4,060	4,077
Short-term investments, at cost which approximates fair value	935	400
Total investments	113,550	107,736
Cash and cash equivalents	40,984	51,701
Investment in investee	1,702	1,772
Accrued investment income	506	594
Premiums receivable, net of allowance for doubtful accounts of $165 and $165, respectively	32,670	27,090
Service fee receivable, net of allowance for doubtful accounts of $283 and $276, respectively	765	911
Other receivables, net of allowance for doubtful accounts of $806 and $806, respectively	3,452	3,789
Reinsurance recoverable	1,176	1,422
Prepaid reinsurance premiums	134	7
Deferred acquisition costs, net	13,440	12,143
Income taxes recoverable	60	61
Property and equipment, net of accumulated depreciation of $12,667 and $12,537, respectively	5,458	5,577
Goodwill	10,078	10,078
Intangible assets, net of accumulated amortization of $6,304 and $6,009, respectively	14,441	14,736
Other assets	3,128	3,405
Total Assets	241,544	241,022
Unpaid loss and loss adjustment [Abstract]
Property and casualty	52,870	55,471
Vehicle service agreements	2,975	2,975
Total unpaid loss and loss adjustment expenses	55,845	58,446
Unearned premiums	41,555	35,234
Reinsurance payable	272	145
Subordinated debt, at fair value	37,370	39,898
Deferred income tax liability	2,946	2,924
Deferred service fees	34,771	34,319
Accrued expenses and other liabilities	20,227	19,959
Total Liabilities	192,986	190,925
Class A preferred stock, no par value; unlimited number authorized; 262,876 and 262,876 issued and outstanding at March 31, 2016 and December 31, 2015, respectively; redemption amount of $6,572	6,402	6,394
Shareholders' Equity [Abstract]
Additional paid-in capital	341,847	341,646
Accumulated deficit	(310,547)	(308,995)
Accumulated other comprehensive income	9,143	9,300
Shareholders' equity attributable to common shareholders	40,443	41,951
Noncontrolling interests in consolidated subsidiaries	1,713	1,752
Total Shareholders' Equity	42,156	43,703
Total Liabilities and Shareholders' Equity	$ 241,544	$ 241,022

Consolidated Balance Sheet Bala

Consolidated Balance Sheet Balance Sheet Parenthetical - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Balance Sheet Parenthetical [Abstract]
Fixed maturities, cost	$ 61,589	$ 55,606
Equity investments, cost	26,185	26,428
Premiums receivable, allowance for doubtful accounts	165	165
Other receivables, allowance for doubtful accounts	806	806
Service fee receivable, allowance for doubtful accounts	283	276
Property and equipment, accumulated depreciation	12,667	12,537
Intangible assets accumulated amortization	6,304	6,009
Class A preferred stock, no par value; unlimited number authorized; 262,876 and 262,876 issued and outstanding at March 31, 2016 and December 31, 2015, respectively; redemption amount of $6,572	$ 6,572	$ 6,572
Common stock, shares outstanding		19,709,706

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues [Abstract]
Net premiums earned	$ 29,427	$ 29,030
Service fee and commission income	5,322	5,398
Net investment (loss) income	(72)	1,313
Net realized losses	(171)	0
Other-than-temporary impairment loss	0	10
Other income	2,374	8,357
Total revenues	36,880	44,088
Operating Expenses [Abstract]
Loss and loss adjustment expenses	23,497	21,953
Commissions and premium taxes	5,598	5,747
Cost of services sold	773	663
General and administrative expenses	9,551	11,576
Amortization of intangible assets	295	317
Contingent consideration expense	0	144
Total operating expenses	39,714	40,400
Operating (loss) income	(2,834)	3,688
Other (revenues) expenses, net: [Abstract]
Interest expense	1,093	1,391
Foreign exchange losses, net	(1)	(392)
Gain on change in fair value of debt	(2,528)	(261)
Equity in net loss of investee	69	136
Total other (revenues) expenses, net	(1,365)	1,658
(Loss) income from continuing operations before income tax expense	(1,469)	2,030
Income tax expense	26	22
(Loss) income from continuing operations	(1,495)	3,434
Income from discontinued operations, net of taxes	0	1,426
Net (loss) income	(1,495)	2,008
Less: net (loss) income attributable to noncontrolling interests in consolidated subsidiaries	(39)	1,224
Less: dividends on preferred stock	82	81
Net (loss) income attributable to common shareholders	$ (1,538)	$ 2,129
Loss per share - continuing operations [Abstract]
Basic:	$ (0.08)	$ 0.04
Diluted:	(0.08)	0.03
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic and Diluted Share [Abstract]
Basic:	0	0.07
Diluted:	0	0.07
Earnings Per Share, Basic and Diluted [Abstract]
Basic:	(0.08)	0.11
Diluted:	$ (0.08)	$ 0.10
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic:	19,710	19,710
Diluted:	19,710	21,149

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net (loss) income	$ (1,495)	$ 3,434
Unrealized gains (losses) on fixed maturities and equity investments: [Abstract]
Unrealized gains (losses) arising during the period	275	(200)
Reclassification adjustment for amounts included in net (loss) income	(432)	13
Foreign currency translation adjustments	0	(26)
Other comprehensive loss	(157)	(213)
Comprehensive (loss) income	(1,652)	3,221
Less: comprehensive (loss) income attributable to noncontrolling interests in consolidated subsidiaries	(39)	927
Comprehensive (loss) income attributable to common shareholders	$ (1,613)	$ 2,294

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Payments to Acquire Property, Plant, and Equipment	$ (11)	$ (39)
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net (loss) income	(1,495)	3,434
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Equity in net loss of investee	69	136
Equity in net loss (income) of limited liability investments	(201)	929
Depreciation and amortization expense	425	480
Contingent consideration expense	0	(144)
Stock-based compensation expense, net of forfeitures	201	201
Net realized losses	171	0
Gain on change in fair value of debt	2,528	261
Deferred income taxes	22	22
Other-than-temporary impairment loss	0	10
Amortization of fixed maturities premiums and discounts	75	79
Increase (Decrease) in Other Operating Assets and Liabilities, Net [Abstract]
Premiums and service fee receivable	5,434	4,856
Other receivables	(337)	69
Reinsurance recoverable	246	405
Prepaid reinsurance premiums	(127)	(126)
Deferred acquisition costs, net	1,297	1,006
Increase (Decrease) in Income Taxes Receivable	(1)	(20)
Unpaid loss and loss adjustment expenses	(2,601)	(4,373)
Unearned premiums	6,321	6,133
Reinsurance payable	127	260
Deferred service fees	452	(644)
Other, net	739	1,127
Net cash (used in) provided by operating activities	(4,095)	187
Net Cash Provided by (Used in) Investing Activities [Abstract]
Proceeds from sales and maturities of fixed maturities	2,582	1,195
Proceeds from sales of equity investments	1,607	308
Purchases of fixed maturities	8,443	4,722
Purchases of equity investments	1,541	1,738
Net acquisition of limited liability investments	300	2,859
Net proceeds from other investments	17	0
Net purchases of short-term investments	533	0
Net cash used in investing activities	(6,622)	(7,855)
Net decrease in cash and cash equivalents	(10,717)	(7,668)
Cash and cash equivalents at beginning of period	51,701	71,234
Cash and cash equivalents at end of period	$ 40,984	$ 63,566

Business

Business	3 Months Ended
	Mar. 31, 2016
Business [Abstract]
Nature of Operations [Text Block]	BUSINESS Kingsway Financial Services Inc. (the "Company" or "Kingsway") was incorporated under the Business Corporations Act (Ontario) on September 19, 1989. Kingsway is a Canadian holding company with operating subsidiaries located in the United States. The Company operates as a merchant bank primarily engaged, through its subsidiaries, in the property and casualty insurance business.

Basis of Presentation (Notes)

Basis of Presentation (Notes)	3 Months Ended
	Mar. 31, 2016
Basis of Presentation [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	BASIS OF PRESENTATION The accompanying unaudited consolidated interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements of the Company. In the opinion of management, all adjustments necessary for a fair presentation have been included and are of a normal recurring nature. Interim results are not necessarily indicative of the results that may be expected for the year. The accompanying unaudited consolidated interim financial statements and footnotes should be read in conjunction with the audited consolidated financial statements and footnotes included within our Annual Report on Form 10-K (" 2015 Annual Report") for the year ended December 31, 2015 . The unaudited consolidated interim financial statements include the accounts of the Company and its subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect application of policies and the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the year. Actual results could differ from these estimates. Estimates and their underlying assumptions are reviewed on an ongoing basis. Changes in estimates are recorded in the accounting period in which they are determined. The critical accounting estimates and assumptions in the accompanying unaudited consolidated interim financial statements include the provision for unpaid loss and loss adjustment expenses; valuation of fixed maturities and equity investments; valuation of deferred income taxes; impairment assessment of intangible assets; goodwill recoverability; deferred acquisition costs; fair value assumptions for performance shares; fair value assumptions for debt obligations; and contingent consideration. The fair values of the Company's investments in fixed maturities and equity investments, performance shares, subordinated debt and contingent consideration are estimated using a fair value hierarchy to categorize the inputs it uses in valuation techniques. The fair value of the Company's investment in investee is based on quoted market prices. Fair values for other investments approximate their unpaid principal balance. The carrying amounts reported in the consolidated balance sheets approximate fair values for cash, short-term investments and certain other assets and other liabilities because of their short-term nature. The Company's financial results contained herein are reported in U.S. dollars unless otherwise indicated.

Summary of Significant Accounti

Summary of Significant Accounting Polocies	3 Months Ended
	Mar. 31, 2016
Summary of significant accounting policies [Abstract]
Significant Accounting Policies [Text Block]	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES There have been no material changes to our significant accounting policies as reported in our 2015 Annual Report.

Recently Issued Accounting Stan

Recently Issued Accounting Standards	3 Months Ended
	Mar. 31, 2016
Recently Issued Accounting Standards [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	RECENTLY ISSUED ACCOUNTING STANDARDS (a) Adoption of New Accounting Standards: In April 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity ("ASU 2014-08"). ASU 2014-08 amends the requirements for reporting and disclosing discontinued operations. Under ASU 2014-08, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has or will have a major effect on the entity’s operations and financial results. Effective January 1, 2015, the Company adopted ASU 2014-08. The adoption of the standard did not have an impact on the consolidated financial statements. In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02"). The amendments in ASU 2015-02 affect reporting entities that are required to evaluate whether they should consolidate certain legal entities. All legal entities are subject to reevaluation under the revised consolidation model. Specifically, the amendments modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities ("VIEs") or voting interest entities while also eliminating the presumption that a general partner should consolidate a limited partnership. Effective January 1, 2016, the Company adopted ASU 2015-02. The adoption of the standard did not have an impact on the consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments ("ASU 2015-16"). ASU 2015-16 simplifies the accounting for measurement-period adjustments in a business combination by requiring the acquirer to recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The effect on earnings as a result of the change to the provisional amounts, calculated as if the accounting had been completed as of the acquisition date, must be recorded in the reporting period in which the adjustment amounts are determined rather than retrospectively. The effects, by line item, if any, must be disclosed. Effective January 1, 2016, the Company adopted ASU 2015-16. The adoption of the standard did not have an impact on the consolidated financial statements. (b) Accounting Standards Not Yet Adopted: In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"), which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. The core principle of ASU 2014-09 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date ("ASU 2015-14"). This amendment defers the effective date of the previously issued ASU 2014-09 until the interim and annual reporting periods beginning after December 15, 2017. Earlier application is permitted for interim and annual reporting periods beginning after December 15, 2016. Insurance contracts are not within the scope of ASU 2014-09, therefore this standard would not apply to the Company's Insurance Underwriting segment. The Company is currently evaluating the impact of the adoption of ASU 2014-09 on its consolidated financial statements. In May 2015, the FASB issued ASU 2015-09, Financial Services-Insurance (Topic 944): Disclosures about Short-Duration Contracts ("ASU 2015-09"). ASU 2015-09 was issued to enhance disclosures about an entity’s insurance liabilities, including the nature, amount, timing and uncertainty of cash flows related to those liabilities. ASU 2015-09 is effective for annual reporting periods beginning after December 15, 2015 and for interim periods beginning after December 15, 2016. Early adoption is permitted. Except for the increased disclosure requirements, the Company does not believe the adoption will have a material effect on its consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01"). The amendments in ASU 2016-01 address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. Most significantly, ASU 2016-01 requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of an investee) to be measured at fair value with changes in fair value recognized in net income (loss). For public business entities, the amendments in ASU 2016-01 are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, and will be applied using a cumulative-effect adjustment to accumulated deficit as of the beginning of the fiscal year of adoption. The Company currently records its equity investments at fair value with net unrealized gains or losses reported in accumulated other comprehensive income. Adoption of ASU 2016-01 will require the changes in fair value on equity investments with readily determinable fair values to be recorded in net (loss) income. Adoption of ASU 2016-01 is not expected to have a material impact on the Company's financial position, cash flows, or total comprehensive (loss) income, but could have a significant impact on the Company's results of operations and (loss) earnings per share as changes in fair value will be presented in net (loss) income rather than other comprehensive loss. In February 2016, the FASB issued ASU 2016-02, Leases ("ASU 2016-02"). ASU 2016-02 was issued to improve the financial reporting of leasing transactions. Under current guidance for lessees, leases are only included on the balance sheet if certain criteria, classifying the agreement as a capital lease, are met. This update will require the recognition of a right-of-use asset and a corresponding lease liability, discounted to the present value, for all leases that extend beyond 12 months. For operating leases, the asset and liability will be expensed over the lease term on a straight-line basis, with all cash flows included in the operating section of the statement of cash flows. For finance leases, interest on the lease liability will be recognized separately from the amortization of the right-of-use asset in the statement of comprehensive income and the repayment of the principal portion of the lease liability will be classified as a financing activity while the interest component will be included in the operating section of the statement of cash flows. ASU 2016-02 is effective for annual and interim reporting periods beginning after December 15, 2018. Early adoption is permitted. Upon adoption, leases will be recognized and measured at the beginning of the earliest period presented using a modified retrospective approach. The Company is currently evaluating the impact of the adoption of ASU 2016-02 on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). ASU 2016-09 was issued to simplify the accounting for share-based payment awards. The guidance requires that, prospectively, all tax effects related to share-based payments be made through the statement of operations at the time of settlement as opposed to excess tax benefits being recognized in additional paid-in-capital under the current guidance. ASU 2016-09 also removes the requirement to delay recognition of a tax benefit until it reduces current taxes payable. This change is required to be applied on a modified retrospective basis, with a cumulative-effect adjustment to opening accumulated deficit. Additionally, all tax related cash flows resulting from share-based payments are to be reported as operating activities on the statement of cash flows, a change from the current requirement to present tax benefits as an inflow from financing activities and an outflow from operating activities. ASU 2016-09 is effective for annual and interim reporting periods beginning after December 15, 2016. Early adoption is permitted with any adjustments reflected as of the beginning of the fiscal year of adoption. The Company does not believe the adoption of ASU 2016-09 will have a material impact on its consolidated financial statements.

Discontinued Operations (Notes)

Discontinued Operations (Notes)	3 Months Ended
	Mar. 31, 2016
Discontinued Operations [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	DISCONTINUED OPERATIONS On April 1, 2015, the Company closed on the sale of its subsidiary, Assigned Risk Solutions Ltd. ("ARS") for $47.0 million in cash. During the second quarter of 2015, the Company received additional post-closing cash consideration of $2.0 million . The terms of the sale also provide for potential future earnout payments to the Company equal to 1.25% of ARS' written premium and fee income during the earnout periods. The earnout payments are payable in three annual installments beginning in April 2016 through April 2018. As a result of the sale, ARS, previously disclosed as part of the Insurance Services segment, has been classified as a discontinued operation. The earnings of ARS are disclosed as discontinued operations in the unaudited consolidated statements of operations for all periods presented. Summary financial information included in income from discontinued operations, net of taxes for the three months ended March 31, 2015 is presented below: (in thousands) Three months ended March 31, 2016 2015 Revenues: Service fee and commission income $ — $ 8,342 Other expense — (20 ) Total revenues — 8,322 Expenses: General and administrative expenses — 6,462 Income from discontinued operations before income tax expense — 1,860 Income tax expense — 434 Income from discontinued operations, net of taxes $ — $ 1,426 For the three months ended March 31, 2016 and March 31, 2015 , ARS' net cash used in operating activities was zero and $0.2 million , respectively. ARS had no cash flows from investing activities for the three months ended March 31, 2016 and March 31, 2015 .

Investments

Investments	3 Months Ended
	Mar. 31, 2016
Investments [Abstract]
Summary of Investments, Other than Investments in Related Parties [Text Block]	INVESTMENTS The amortized cost, gross unrealized gains and losses, and estimated fair value of the Company's investments in fixed maturities and equity investments at March 31, 2016 and December 31, 2015 are summarized in the tables shown below: (in thousands) March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Fixed maturities: U.S. government, government agencies and authorities $ 24,845 $ 130 $ 3 $ 24,972 States, municipalities and political subdivisions 2,334 31 — 2,365 Mortgage-backed 8,400 91 9 8,482 Asset-backed securities and collateralized mortgage obligations 6,586 15 5 6,596 Corporate 19,424 196 23 19,597 Total fixed maturities 61,589 463 40 62,012 Equity investments: Common stock 24,934 3,402 2,577 25,759 Warrants 1,251 27 734 544 Total equity investments 26,185 3,429 3,311 26,303 Total fixed maturities and equity investments $ 87,774 $ 3,892 $ 3,351 $ 88,315 (in thousands) December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Fixed maturities: U.S. government, government agencies and authorities $ 20,443 $ 73 $ 63 $ 20,453 States, municipalities and political subdivisions 2,241 20 5 2,256 Mortgage-backed 7,997 25 59 7,963 Asset-backed securities and collateralized mortgage obligations 6,040 4 21 6,023 Corporate 18,885 60 81 18,864 Total fixed maturities 55,606 182 229 55,559 Equity investments: Common stock 25,177 3,464 2,055 26,586 Warrants 1,251 52 330 973 Total equity investments 26,428 3,516 2,385 27,559 Total fixed maturities and equity investments $ 82,034 $ 3,698 $ 2,614 $ 83,118 The table below summarizes the Company's fixed maturities at March 31, 2016 by contractual maturity periods. Actual results may differ as issuers may have the right to call or prepay obligations, with or without penalties, prior to the contractual maturity of these obligations. (in thousands) March 31, 2016 Amortized Cost Estimated Fair Value Due in one year or less $ 13,092 $ 13,157 Due after one year through five years 37,524 37,789 Due after five years through ten years 3,108 3,130 Due after ten years 7,865 7,936 Total $ 61,589 $ 62,012 The following tables highlight the aggregate unrealized loss position, by security type, of fixed maturities and equity investments in unrealized loss positions as of March 31, 2016 and December 31, 2015 . The tables segregate the holdings based on the period of time the investments have been continuously held in unrealized loss positions. (in thousands) March 31, 2016 Less than 12 Months Greater than 12 Months Total Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Fixed maturities: U.S. government, government agencies and authorities $ 5,516 $ 3 $ — $ — $ 5,516 $ 3 Mortgage-backed 1,332 9 — — 1,332 9 Asset-backed securities and collateralized mortgage obligations 2,866 5 — — 2,866 5 Corporate 3,569 23 — — 3,569 23 Total fixed maturities 13,283 40 — — 13,283 40 Equity investments: Common stock 9,586 2,577 — — 9,586 2,577 Warrants 491 734 — — 491 734 Total equity investments 10,077 3,311 — — 10,077 3,311 Total $ 23,360 $ 3,351 $ — $ — $ 23,360 $ 3,351 (in thousands) December 31, 2015 Less than 12 Months Greater than 12 Months Total Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Fixed maturities: U.S. government, government agencies and authorities $ 12,635 $ 63 $ — $ — $ 12,635 $ 63 States, municipalities and political subdivisions 745 5 — — 745 5 Mortgage-backed 5,685 59 — — 5,685 59 Asset-backed securities and collateralized mortgage obligations 5,035 21 — — 5,035 21 Corporate 9,171 81 — — 9,171 81 Total fixed maturities 33,271 229 — — 33,271 229 Equity investments: Common stock 15,711 2,055 — — 15,711 2,055 Warrants 897 330 — — 897 330 Total equity investments 16,608 2,385 — — 16,608 2,385 Total $ 49,879 $ 2,614 $ — $ — $ 49,879 $ 2,614 Fixed maturities and equity investments contain approximately 64 and 127 individual investments that were in unrealized loss positions as of March 31, 2016 and December 31, 2015 , respectively. The establishment of an other-than-temporary impairment on an investment requires a number of judgments and estimates. The Company performs a quarterly analysis of the individual investments to determine if declines in market value are other-than-temporary. The analysis includes some or all of the following procedures as deemed appropriate by the Company: • identifying all unrealized loss positions that have existed for at least six months; • identifying other circumstances which management believes may impact the recoverability of the unrealized loss positions; • obtaining a valuation analysis from third-party investment managers regarding the intrinsic value of these investments based on their knowledge and experience together with market-based valuation techniques; • reviewing the trading range of certain investments over the preceding calendar period; • assessing if declines in market value are other-than-temporary for debt instruments based on the investment grade credit ratings from third-party rating agencies; • assessing if declines in market value are other-than-temporary for any debt instrument with a non-investment grade credit rating based on the continuity of its debt service record; • determining the necessary provision for declines in market value that are considered other-than-temporary based on the analyses performed; and • assessing the Company's ability and intent to hold these investments at least until the investment impairment is recovered. The risks and uncertainties inherent in the assessment methodology used to determine declines in market value that are other-than-temporary include, but may not be limited to, the following: • the opinions of professional investment managers could be incorrect; • the past trading patterns of individual investments may not reflect future valuation trends; • the credit ratings assigned by independent credit rating agencies may be incorrect due to unforeseen or unknown facts related to a company's financial situation; and • the debt service pattern of non-investment grade instruments may not reflect future debt service capabilities and may not reflect a company's unknown underlying financial problems. As a result of the analysis performed by the Company to determine declines in market value that are other-than-temporary, there were no write-downs for other-than-temporary impairments related to investments recorded for the three months ended March 31, 2016 . For the three months ended March 31, 2015 , the Company recorded a write-down of $0.0 million for other-than-temporary impairment related to fixed maturities. There were no other-than-temporary losses recognized in other comprehensive loss for the three months ended March 31, 2016 . There were $0.0 million of other-than-temporary losses recognized in other comprehensive loss for the three months ended March 31, 2015 . The Company has reviewed currently available information regarding investments with estimated fair values that are less than their carrying amounts and believes that these unrealized losses are not other-than-temporary and are primarily due to temporary market and sector-related factors rather than to issuer-specific factors. The Company does not intend to sell those investments, and it is not likely that it will be required to sell those investments before recovery of its amortized cost. The Company does not have any exposure to subprime mortgage-backed investments. Limited liability investments include investments in limited liability companies and limited partnerships that primarily invest in income-producing real estate or real estate related investments. The Company's interests in these investments are not deemed minor and, therefore, are accounted for under the equity method of accounting. As of March 31, 2016 and December 31, 2015 , the carrying value of limited liability investments totaled $20.2 million and $20.1 million , respectively. At March 31, 2016 , the Company has unfunded commitments totaling $2.3 million to fund limited liability investments. Income from limited liability investments is recognized based on the Company's share of the earnings of the limited liability entities and is included in net investment (loss) income. Other investments include mortgage and collateral loans and are reported at their unpaid principal balance. As of March 31, 2016 and December 31, 2015 , the carrying value of other investments totaled $4.1 million and $4.1 million , respectively. Gross realized gains and losses on fixed maturities, equity investments and limited liability investments for the three months ended March 31, 2016 and March 31, 2015 were as follows: (in thousands) Three months ended March 31, 2016 2015 Gross realized gains $ 34 $ — Gross realized losses (205 ) — Net realized losses $ (171 ) $ — Net investment (loss) income for the three months ended March 31, 2016 and March 31, 2015 , respectively, is comprised as follows: (in thousands) Three months ended March 31, 2016 2015 Investment income Interest from fixed maturities $ 218 $ 269 Dividends 266 147 (Loss) income from limited liability investments (201 ) 929 Loss on change in fair value of warrants (387 ) — Other 39 34 Gross investment (loss) income (65 ) 1,379 Investment expenses (7 ) (66 ) Net investment (loss) income $ (72 ) $ 1,313 At March 31, 2016 , fixed maturities and short-term investments with an estimated fair value of $12.7 million were on deposit with state and provincial regulatory authorities. Also, from time to time, the Company pledges investments to third-parties to collateralize liabilities incurred under its policies of insurance. At March 31, 2016 , the amount of such pledged securities was $15.8 million .

Investment in Investee (Notes)

Investment in Investee (Notes)	3 Months Ended
	Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	INVESTMENT IN INVESTEE Investment in investee includes the Company's investment in the common stock and private units of 1347 Capital Corp. and is accounted for under the equity method. 1347 Capital Corp. was formed for the purpose of entering into a merger, share exchange, asset acquisition or other similar business combination with one or more businesses or entities. The carrying value, estimated fair value and approximate equity percentage for the Company's investment in 1347 Capital Corp. at March 31, 2016 and December 31, 2015 were as follows: (in thousands, except for percentages) March 31, 2016 December 31, 2015 Equity Percentage Estimated Fair Value Carrying Value Equity Percentage Estimated Fair Value Carrying value 1347 Capital Corp. 21.0 % $12,447 $ 1,702 21.0 % $12,369 $ 1,772 Equity in net loss of investee was $0.1 million and $0.1 million for the three months ended March 31, 2016 and March 31, 2015 , respectively.

Deferred Acquisition Costs

Deferred Acquisition Costs	3 Months Ended
	Mar. 31, 2016
Deferred Acquisition Costs [Abstract]
Deferred Policy Acquisition Costs [Text Block]	DEFERRED ACQUISITION COSTS Policy acquisition costs consist primarily of commissions, premium taxes, and underwriting and agency expenses, net of ceding commission income, incurred related to successful efforts to acquire new or renewal insurance contracts and vehicle service agreements. Acquisition costs deferred on both property and casualty insurance products and vehicle service agreements are amortized over the period in which the related revenues are earned. The components of deferred acquisition costs and the related amortization expense for the three months ended March 31, 2016 and 2015 , respectively, are comprised as follows: (in thousands) Three months ended March 31, 2016 2015 Beginning balance, net $ 12,143 $ 12,197 Additions 7,589 7,554 Amortization (6,292 ) (6,548 ) Balance at March 31, net $ 13,440 $ 13,203

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2016
Intangible Assets [Abstract]
Intangible Assets Disclosure [Text Block]	9 INTANGIBLE ASSETS Intangible assets are comprised as follows: (in thousands) March 31, 2016 Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets subject to amortization Database $ 4,918 $ 1,660 $ 3,258 Vehicle service agreements in-force 3,680 3,410 270 Customer-related relationships 3,611 1,164 2,447 Non-compete agreement 70 70 — Intangible assets not subject to amortization Insurance licenses 7,803 — 7,803 Trade name 663 — 663 Total $ 20,745 $ 6,304 $ 14,441 (in thousands) December 31, 2015 Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets subject to amortization Database $ 4,918 $ 1,537 $ 3,381 Vehicle service agreements in-force 3,680 3,362 318 Customer-related relationships 3,611 1,040 2,571 Non-compete agreement 70 70 — Intangible assets not subject to amortization Insurance licenses 7,803 — 7,803 Trade name 663 — 663 Total $ 20,745 $ 6,009 $ 14,736 The Company's intangible assets with definite useful lives are amortized either based on the pattern in which the economic benefits of the intangible asset are expected to be consumed or using the straight-line method over their estimated useful lives, which range from three to fifteen years. Amortization of intangible assets was $0.3 million and $0.3 million for the three months ended March 31, 2016 and March 31, 2015 , respectively. The insurance licenses and trade name intangible assets have indefinite useful lives and are not amortized.

Unpaid Loss and Loss Adjustment

Unpaid Loss and Loss Adjustment Expenses	3 Months Ended
	Mar. 31, 2016
Unpaid loss and loss adjustment [Abstract]
Liability for Future Policy Benefits and Unpaid Claims Disclosure [Text Block]	10 UNPAID LOSS AND LOSS ADJUSTMENT EXPENSES The establishment of the provision for unpaid loss and loss adjustment expenses is based on known facts and interpretation of circumstances and is therefore a complex and dynamic process influenced by a large variety of factors. These factors include the Company's experience with similar cases and historical trends involving loss payment patterns, pending levels of unpaid loss and loss adjustment expenses, product mix or concentration, loss severity and loss frequency patterns. Other factors include the continually evolving and changing regulatory and legal environment; actuarial studies; professional experience and expertise of the Company's claims departments' personnel and independent adjusters retained to handle individual claims; the quality of the data used for projection purposes; existing claims management practices including claims-handling and settlement practices; the effect of inflationary trends on future loss settlement costs; court decisions; economic conditions; and public attitudes. Consequently, the process of determining the provision for unpaid loss and loss adjustment expenses necessarily involves risks that the actual loss and loss adjustment expenses incurred by Company will deviate, perhaps materially, from the estimates recorded. The Company's evaluation of the adequacy of unpaid loss and loss adjustment expenses includes a re-estimation of the liability for unpaid loss and loss adjustment expenses relating to each preceding financial year compared to the liability that was previously established. (a) Property and Casualty The results of this comparison and the changes in the provision for property and casualty unpaid loss and loss adjustment expenses, net of amounts recoverable from reinsurers, as of March 31, 2016 and March 31, 2015 were as follows: (in thousands) March 31, 2016 March 31, 2015 Balance at beginning of period, gross $ 55,471 $ 63,895 Less reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses 1,207 3,203 Balance at beginning of period, net 54,264 60,692 Incurred related to: Current year 22,039 20,472 Prior years 91 (76 ) Paid related to: Current year (7,036 ) (7,532 ) Prior years (17,517 ) (16,740 ) Balance at end of period, net 51,841 56,816 Plus reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses 1,029 2,706 Balance at end of period, gross $ 52,870 $ 59,522 (b) Vehicle Service Agreements The results of the comparison and the changes in the provision for vehicle service agreement unpaid loss and loss adjustment expenses as of March 31, 2016 and March 31, 2015 were as follows: (in thousands) March 31, 2016 March 31, 2015 Balance at beginning of period $ 2,975 $ 2,975 Incurred related to: Current year 1,367 1,557 Prior years — — Paid related to: Current year (1,233 ) (1,446 ) Prior years (134 ) (111 ) Balance at end of period $ 2,975 $ 2,975

Debt

Debt	3 Months Ended
	Mar. 31, 2016
Debt Instruments [Abstract]
Debt Disclosure [Text Block]	11 DEBT Debt consists of the following instrument: (in thousands) March 31, 2016 December 31, 2015 Principal Fair Value Principal Fair Value Subordinated debt $ 90,500 $ 37,370 $ 90,500 $ 39,898 Subordinated debt mentioned above consists of the following trust preferred debt instruments: Issuer Principal Issue date Interest Redemption date Kingsway CT Statutory Trust I $ 15,000 12/4/2002 annual interest rate equal to LIBOR, plus 4.00% payable quarterly 12/4/2032 Kingsway CT Statutory Trust II $ 17,500 5/15/2003 annual interest rate equal to LIBOR, plus 4.10% payable quarterly 5/15/2033 Kingsway CT Statutory Trust III $ 20,000 10/29/2003 annual interest rate equal to LIBOR, plus 3.95% payable quarterly 10/29/2033 Kingsway DE Statutory Trust III $ 15,000 5/22/2003 annual interest rate equal to LIBOR, plus 4.20% payable quarterly 5/22/2033 Kingsway DE Statutory Trust IV $ 10,000 9/30/2003 annual interest rate equal to LIBOR, plus 3.85% payable quarterly 9/30/2033 Kingsway DE Statutory Trust VI $ 13,000 1/8/2004 annual interest rate equal to LIBOR, plus 4.00% payable quarterly 1/8/2034

Finance Lease Obligation Liabil

Finance Lease Obligation Liability (Notes)	3 Months Ended
	Mar. 31, 2016
Asset Retirement Obligation [Abstract]
Schedule of Asset Retirement Obligations [Table Text Block]	FINANCE LEASE OBLIGATION LIABILITY On October 2, 2014, the Company completed a sale and leaseback transaction involving building and land located in Miami, Florida, which was previously recorded as asset held for sale. The transaction did not qualify for sales recognition and was accounted for as a financing due to the Company's continuing involvement with the property as a result of nonrecourse financing provided to the buyer in the form of prepaid rent. A finance lease obligation liability equal to the selling price of the property was established at the date of the transaction. During the five-year lease term, the Company will record interest expense on the finance lease obligation at its incremental borrowing rate and will increase the finance lease obligation liability by the same amount. At the end of the lease term, the Company will no longer have continuing involvement with the property and will then recognize the sale of the property as well as the gain that will result from removing the net book value of the land and building and finance lease obligation liability from the consolidated balance sheets. At March 31, 2016 and December 31, 2015 , finance lease obligation liability of $4.9 million and $4.9 million , respectively, is included in accrued expenses and other liabilities in the consolidated balance sheets.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	INCOME TAXES Income tax expense for the three months ended March 31, 2016 and March 31, 2015 , respectively, varies from the amount that would result by applying the applicable United States corporate income tax rate of 34% to (loss) income from continuing operations before income tax expense. The following table summarizes the differences: (in thousands) Three months ended March 31, 2016 2015 Income tax (benefit) expense at United States statutory income tax rate $ (499 ) $ 690 Valuation allowance 389 (638 ) Non-taxable dividend income — (424 ) Foreign operations subject to different tax rates 36 122 Other 100 272 Income tax expense $ 26 $ 22 The Company maintains a valuation allowance for its gross deferred tax assets at March 31, 2016 and December 31, 2015 . The Company's operations have generated substantial operating losses during the last several years. These losses can be available to reduce income taxes that might otherwise be incurred on future taxable income; however, it is uncertain whether the Company will generate the taxable income necessary to utilize these losses or other reversing temporary differences. This uncertainty has caused management to place a full valuation allowance on its March 31, 2016 and December 31, 2015 net deferred tax asset. The Company carries a deferred income tax liability of $2.9 million and $2.9 million at March 31, 2016 and December 31, 2015 , respectively, all of which relates to indefinite life intangible assets. As of March 31, 2016 , the Company had no unrecognized tax benefits. The Company analyzed its tax positions in accordance with the provisions of ASC Topic 740, Income Taxes, and has determined that there are currently no uncertain tax positions.

(Loss) Earnings per Share from

(Loss) Earnings per Share from Continuing Operations	3 Months Ended
	Mar. 31, 2016
Net Loss per Share [Abstract]
Earnings Per Share [Text Block]	(LOSS) EARNINGS PER SHARE FROM CONTINUING OPERATIONS The following table sets forth the reconciliation of numerators and denominators for the basic and diluted (loss) earnings per share from continuing operations computation for the three months ended March 31, 2016 and March 31, 2015 : (in thousands, except per share data) Three months ended March 31, 2016 2015 Numerator: (Loss) income from continuing operations $ (1,495 ) $ 2,008 Plus (less): net loss (income) attributable to noncontrolling interests 39 (1,224 ) Less: dividends on preferred stock (82 ) (81 ) (Loss) income from continuing operations attributable to common shareholders $ (1,538 ) $ 703 Denominator: Weighted average basic shares Weighted average common shares outstanding 19,710 19,710 Weighted average diluted shares Weighted average common shares outstanding 19,710 19,710 Effect of potentially dilutive securities Stock options — 130 Unvested restricted stock awards — 689 Warrants — 620 Convertible preferred stock — — Total weighted average diluted shares 19,710 21,149 Basic (loss) earnings per common share from continuing operations $ (0.08 ) $ 0.04 Diluted (loss) earnings per common share from continuing operations $ (0.08 ) $ 0.03 (Loss) earnings per share from continuing operations is based on the weighted-average number of shares outstanding. Diluted weighted-average shares is calculated by adjusting basic weighted-average shares outstanding by all potentially dilutive securities. Potentially dilutive securities consist of stock options, unvested restricted stock awards, warrants and convertible preferred stock. Since the Company is reporting a loss from continuing operations for the three months ended March 31, 2016 , all potentially dilutive securities outstanding were excluded from the calculation of diluted loss per share from continuing operations since their inclusion would have been anti-dilutive. The dilutive effect of the stock options, unvested restricted stock awards and warrants are reflected in diluted earnings per share from continuing operations by application of the treasury stock method. The dilutive effect of the convertible preferred stock is reflected in diluted earnings per share from continuing operations by application of the if-converted method. The effects of these potentially dilutive securities are excluded from the computation of diluted earnings per share from continuing operations in periods in which the effect would be anti-dilutive. For the three months ended March 31, 2015 , the convertible preferred stock was deemed to be anti-dilutive and was excluded from the calculation of diluted earnings per share from continuing operations.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2016
Stock-Based Compensation [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	STOCK-BASED COMPENSATION (a) Stock Options The following table summarizes the stock option activity during the three months ended March 31, 2016 : (in thousands, except for share data) Number of Options Outstanding Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (in Years) Aggregate Intrinsic Value Outstanding at December 31, 2015 611,875 $ 4.50 2.2 $ 43 Granted — — Expired — — Outstanding at March 31, 2016 611,875 $ 4.50 2.0 $ 153 Exercisable at March 31, 2016 611,875 $ 4.50 2.0 $ 153 The aggregate intrinsic value of stock options outstanding and exercisable is the difference between the March 31, 2016 market price for the Company's common shares and the exercise price of the options, multiplied by the number of options where the fair value exceeds the exercise price. The Company uses the Black-Scholes option pricing model to estimate the fair value of each option on the date of grant. No options were granted during the three months ended March 31, 2016 . (b) Restricted Stock Awards Under the 2013 Equity Incentive Plan, the Company made grants of restricted common stock ("Restricted Stock") to certain officers of the Company. The Restricted Stock vests after a ten-year period and is subject to the officer's continued employment through the vesting date. The Restricted Stock is amortized on a straight-line basis over the ten-year requisite service period. Total unamortized compensation expense related to unvested awards at March 31, 2016 was $6.5 million . The grant-date fair value of the Restricted Stock was determined using the closing price of Kingsway common stock on the date of grant. The following table summarizes the activity related to unvested Restricted Stock for the three months ended March 31, 2016 : (in thousands, except for share data) Restricted Stock Awards Weighted-Average Grant Date Fair Value (per Share) Unvested at December 31, 2015 1,952,665 $ 4.14 Granted — — Forfeited — — Unvested at March 31, 2016 1,952,665 $ 4.14 Total stock-based compensation expense, net of forfeitures, was $0.2 million and $0.2 million for the three months ended March 31, 2016 and March 31, 2015 , respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2016
Accumulated Other Comprehensive Income [Abstract]
Comprehensive Income (Loss) Note [Text Block]	16 ACCUMULATED OTHER COMPREHENSIVE INCOME The table below details the change in the balance of each component of accumulated other comprehensive income, net of tax, for the three months ended March 31, 2016 and March 31, 2015 as relates to shareholders' equity attributable to common shareholders on the consolidated balance sheets. On the other hand, the unaudited consolidated statements of comprehensive (loss) income present the components of other comprehensive loss, net of tax, only for the three months ended March 31, 2016 and March 31, 2015 and inclusive of the components attributable to noncontrolling interests in consolidated subsidiaries. (in thousands) Three months ended March 31, 2016 Unrealized Gains (Losses) on Fixed Maturities and Equity Investments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income Balance at January 1, 2016 $ 13,080 $ (3,780 ) $ 9,300 Other comprehensive income before reclassifications 275 — 275 Amounts reclassified from accumulated other comprehensive income (432 ) — (432 ) Net current-period other comprehensive loss (157 ) — (157 ) Balance at March 31, 2016 $ 12,923 $ (3,780 ) $ 9,143 (in thousands) Three months ended March 31, 2015 Unrealized Gains (Losses) on Fixed Maturities and Equity Investments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income Balance at January 1, 2015 $ 14,622 $ (5,952 ) $ 8,670 Other comprehensive (loss) income before reclassifications (108 ) 180 72 Amounts reclassified from accumulated other comprehensive income 13 — 13 Net current-period other comprehensive (loss) income (95 ) 180 85 Balance at March 31, 2015 $ 14,527 $ (5,772 ) $ 8,755 Components of accumulated other comprehensive income were reclassified to the following lines of the unaudited consolidated statements of operations for the three months ended March 31, 2016 and March 31, 2015 : Three months ended March 31, 2016 2015 Reclassification of accumulated other comprehensive income from unrealized gains (losses) on fixed maturities and equity investments to: Net realized losses $ 432 $ (3 ) Other-than-temporary impairment loss — (10 ) (Loss) income from continuing operations before income tax expense 432 (13 ) Income tax expense — — Net (loss) income 432 (13 )

Segmented Information

Segmented Information	3 Months Ended
	Mar. 31, 2016
Segmented Information [Abstract]
Segment Reporting Disclosure [Text Block]	SEGMENTED INFORMATION The Company operates as a merchant bank primarily engaged, through its subsidiaries, in the property and casualty insurance business. The Company conducts its business through the following two reportable segments: Insurance Underwriting and Insurance Services. Insurance Underwriting Segment Insurance Underwriting includes the following subsidiaries of the Company: Mendota Insurance Company, Mendakota Insurance Company, Mendakota Casualty Company ("MCC"), Kingsway Amigo Insurance Company ("Amigo") and Kingsway Reinsurance Corporation (collectively, "Insurance Underwriting"). Insurance Underwriting principally offers personal automobile insurance to drivers who do not meet the criteria for coverage by standard automobile insurers. Insurance Underwriting has policyholders in 12 states; however, new business is accepted in only nine states. The Company previously placed Amigo and MCC into voluntary run-off in 2012 and 2011, respectively. Each of Amigo and MCC entered into a comprehensive run-off plan which was approved by its respective state of domicile. Kingsway continues to manage Amigo in a manner consistent with the run-off plans. During the first quarter of 2015, MCC sent a letter of intent to the Illinois Department of Insurance to resume writing private passenger automobile policies in the state of Illinois. MCC began writing these policies on April 1, 2015. Insurance Services Segment Insurance Services includes the following subsidiaries of the Company: IWS Acquisition Corporation ("IWS") and Trinity Warranty Solutions LLC ("Trinity") (collectively, "Insurance Services"). IWS is a licensed motor vehicle service agreement company and is a provider of after-market vehicle protection services distributed by credit unions in 26 states to their members. Trinity is a provider of warranty products and maintenance support to consumers and businesses in the heating, ventilation, air conditioning ("HVAC"), standby generator, commercial LED lighting and refrigeration industries. Trinity distributes its warranty products through original equipment manufacturers, HVAC distributors and commercial and residential contractors. Trinity distributes its maintenance support directly through corporate owners of retail spaces throughout the United States. Effective April 1, 2015 , the Company closed on the sale of its wholly owned subsidiary, ARS. As a result, ARS has been classified as discontinued operations and the results of their operations are reported separately for all periods presented. Prior to the transaction, ARS was included in the Insurance Services segment. As a result of classifying ARS as a discontinued operation, all segmented information has been restated to exclude ARS from the Insurance Services segment. Results for the Company's reportable segments are based on the Company's internal financial reporting systems and are consistent with those followed in the preparation of the unaudited consolidated interim financial statements. The following tables provide financial data used by management. Segment assets are not allocated for management use and, therefore, are not included in the segment disclosures below. Revenues by reportable segment reconciled to consolidated revenues for the three months ended March 31, 2016 and 2015 were: (in thousands) Three months ended March 31, 2016 2015 Revenues: Insurance Underwriting: Net premiums earned $ 29,427 $ 29,030 Other income 2,273 2,237 Total Insurance Underwriting 31,700 31,267 Insurance Services: Service fee and commission income 5,322 5,398 Other income 54 97 Total Insurance Services 5,376 5,495 Total segment revenues 37,076 36,762 Net investment (loss) income (72 ) 1,313 Net realized losses (171 ) — Other-than-temporary impairment loss — (10 ) Other income not allocated to segments 47 6,023 Total revenues $ 36,880 $ 44,088 The operating (loss) income of each segment in the following table is before income taxes and includes revenues and direct segment costs. Segment operating (loss) income reconciled to the consolidated (loss) income from continuing operations for the three months ended March 31, 2016 and 2015 were: (in thousands) Three months ended March 31, 2016 2015 Segment operating (loss) income Insurance Underwriting $ (239 ) $ 322 Insurance Services (156 ) (186 ) Total segment operating (loss) income (395 ) 136 Net investment (loss) income (72 ) 1,313 Net realized losses (171 ) — Other-than-temporary impairment loss — (10 ) Other income and expenses not allocated to segments, net (1,901 ) 2,710 Amortization of intangible assets (295 ) (317 ) Contingent consideration expense — (144 ) Interest expense (1,093 ) (1,391 ) Foreign exchange losses, net (1 ) (392 ) Gain on change in fair value of debt 2,528 261 Equity in net loss of investee (69 ) (136 ) (Loss) income from continuing operations before income tax expense (1,469 ) 2,030 Income tax expense 26 22 (Loss) income from continuing operations $ (1,495 ) $ 2,008 Insurance Underwriting net premiums earned by line of business for the three months ended March 31, 2016 and 2015 were: (in thousands) Three months ended March 31, 2016 2015 Insurance Underwriting: Private passenger auto liability $ 20,075 $ 19,339 Auto physical damage 9,352 9,691 Total net premiums earned $ 29,427 $ 29,030

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	RELATED PARTY TRANSACTIONS Related party transactions, including services provided to or received by the Company's subsidiaries, are carried out in the normal course of operations and are measured in part by the amount of consideration paid or received as established and agreed by the parties. Management believes that consideration paid for such services in each case approximates fair value. Except where disclosed elsewhere in these unaudited consolidated interim financial statements, the following is a summary of related party transactions. On February 11, 2014, the Company's subsidiary, 1347 Advisors LLC ("1347 Advisors") entered into a Management Services Agreement ("MSA") with 1347 Property Insurance Holdings, Inc. ("PIH") which provides for certain services, including forecasting, analysis of capital structure and reinsurance programs, consultation in future restructuring or capital raising transactions, and consultation in corporate development initiatives, that 1347 Advisors will provide to PIH unless and until 1347 Advisors and PIH agree to terminate the services. On February 24, 2015, the Company announced that it had entered into a definitive agreement with PIH to terminate the MSA. Pursuant to the transaction, 1347 Advisors received the following consideration: $2.0 million in cash; $3.0 million of 8% preferred stock of PIH, redeemable on February 24, 2020; a Performance Shares Grant Agreement with PIH, whereby 1347 Advisors will be entitled to receive 100,000 shares of PIH common stock if at any time the last sales price of PIH's common stock equals or exceeds $10.00 per share for any 20 trading days within any 30-trading day period; and warrants to purchase 1,500,000 shares of common stock of PIH with a strike price of $15.00 , expiring on February 24, 2022. The Company recorded a gain of $6.0 million during the first quarter of 2015 related to the termination of the MSA, which is included in other income in the unaudited consolidated statements of operations. To the extent shares of PIH common stock are granted to the Company under the Performance Shares Grant Agreement, they will be recorded at the time the shares are granted and will have a valuation equal to the last sales price of PIH common stock on the day prior to such grant. No shares were received by the Company under the Performance Shares Grant Agreement as of March 31, 2016 . Refer to Note 19 , " Fair Value of Financial Instruments ," for further details regarding the performance shares. On March 26, 2014, the Company entered into a Performance Share Grant Agreement with PIH, whereby the Company will be entitled to receive up to an aggregate of 375,000 shares of PIH common stock upon achievement of certain milestones for PIH’s stock price. Pursuant to the terms of the Performance Share Grant Agreement, if at any time the last sales price of PIH’s common stock equals or exceeds: (i) $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period, the Company will receive 125,000 shares of PIH common stock; (ii) $15.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period, the Company will receive 125,000 shares of PIH common stock (in addition to the 125,000 shares of common stock earned pursuant to clause (i) herein); and (iii) $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period, the Company will receive 125,000 shares of PIH common stock (in addition to the 250,000 shares of common stock earned pursuant to clauses (i) and (ii) herein). To the extent shares of PIH common stock are granted to the Company under the Performance Share Grant Agreement, they will be recorded at the time the shares are granted and will have a valuation equal to the last sales price of PIH common stock on the day prior to such grant. No shares were received by the Company under the Performance Share Grant Agreement as of March 31, 2016 . Refer to Note 19 , " Fair Value of Financial Instruments ," for further details regarding the performance shares. During the second quarter of 2014, the Company made an investment in Itasca Golf Investors, LLC ("Itasca Golf") which is included in limited liability investments on the consolidated balance sheets. On August 28, 2014, the Company entered into a $0.5 million line of credit with Itasca Golf. On August 29, 2014, the Company advanced $0.5 million to Itasca Golf under the line of credit which is included in other receivables on the consolidated balance sheets. On June 11, 2015, the line of credit was increased by $0.2 million . On June 11, 2015, the Company advanced $0.2 million to Itasca Golf under the line of credit which is included in other receivables on the consolidated balance sheets. The line of credit bears interest at 3% and matures on August 28, 2016.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value of Financial Instruments [Abstract]
Fair Value of Financial Instruments, Policy [Policy Text Block]	FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value amounts represent estimates of the consideration that would currently be agreed upon between knowledgeable, willing parties who are under no compulsion to act. Fair value is best evidenced by quoted bid or ask price, as appropriate, in an active market. Where bid or ask prices are not available, such as in an illiquid or inactive market, the closing price of the most recent transaction of that instrument subject to appropriate adjustments as required is used. Where quoted market prices are not available, the quoted prices of similar financial instruments or valuation models with observable market-based inputs are used to estimate the fair value. These valuation models may use multiple observable market inputs, including observable interest rates, foreign exchange rates, index levels, credit spreads, equity prices, counterparty credit quality, corresponding market volatility levels and option volatilities. Minimal management judgment is required for fair values calculated using quoted market prices or observable market inputs for models. Greater subjectivity is required when making valuation adjustments for financial instruments in inactive markets or when using models where observable parameters do not exist. Also, the calculation of estimated fair value is based on market conditions at a specific point in time and may not be reflective of future fair values. For the Company's financial instruments carried at cost or amortized cost, the book value is not adjusted to reflect increases or decreases in fair value due to market fluctuations, including those due to interest rate changes, as it is the Company's intention to hold them until there is a recovery of fair value, which may be to maturity. The Company classifies its investments in fixed maturities and equity investments as available-for-sale and reports these investments at fair value. The Company's performance shares, subordinated debt and contingent consideration liabilities are measured and reported at fair value. Fixed maturities and equity investments - Fair values of fixed maturities for which no active market exists are derived from quoted market prices of similar instruments or other third-party evidence. Fair values of equity investments, including warrants, reflect quoted market values based on latest bid prices, where active markets exist, or models based on significant market observable inputs, where no active markets exist. Performance shares - The performance shares, for which no active market exists, are required to be valued at fair value as determined in good faith by the Company. Such determination of fair value would require the Company to develop a model based upon relevant observable market inputs as well as significant unobservable inputs, including developing a sufficiently reliable estimate for an appropriate discount to reflect the illiquidity and unique structure of the security. The Company determined that its model for the performance shares was not sufficiently reliable. As a result, the Company has assigned a fair value of zero to the performance shares. Refer to Note 18 , " Related Party Transactions ," for further details regarding the performance shares. Debt - The fair value of the subordinated debt is calculated by a third-party using a model based on significant market observable inputs. Contingent consideration - The consideration for certain of the Company's acquisitions includes future payments to the former owners that are contingent upon the achievement of certain targets over future reporting periods. Liabilities for contingent consideration are measured and reported at fair value and are included in accrued expenses and other liabilities in the consolidated balance sheets. The fair value of contingent consideration liabilities is estimated using internal models without relevant observable market inputs. Estimated payments are discounted using present value techniques to arrive at estimated fair value. Contingent consideration liabilities are revalued each reporting period. Changes in the fair value of contingent consideration liabilities can result from changes to one or multiple inputs, including adjustments to the discount rates or changes in the assumed achievement or timing of any targets. Changes in assumptions could have an impact on the payout of contingent consideration liabilities. Changes in fair value are reported in the unaudited consolidated statements of operations as contingent consideration expense. The maximum the Company can pay in future contingent payments is $13.5 million , on an undiscounted basis. The Company employs a fair value hierarchy to categorize the inputs it uses in valuation techniques to measure the fair value. The extent of use of quoted market prices (Level 1), valuation models using observable market information (Level 2) and internal models without observable market information (Level 3) in the valuation of the Company's financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2016 and December 31, 2015 was as follows: (in thousands) March 31, 2016 Fair Value Measurements at the End of the Reporting Period Using Total Quoted Prices in Active Markets for Identical Assets(Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Recurring fair value measurements Assets: Fixed maturities: U.S. government, government agencies and authorities $ 24,972 $ — $ 24,972 $ — States, municipalities and political subdivisions 2,365 — 2,365 — Mortgage-backed 8,482 — 8,482 — Asset-backed securities and collateralized mortgage obligations 6,596 — 6,596 — Corporate 19,597 — 19,597 — Total fixed maturities 62,012 — 62,012 — Equity investments: Common stock 25,759 25,759 — — Warrants 544 187 357 — Total equity investments 26,303 25,946 357 — Other investments 4,060 — 4,060 — Short-term investments 935 — 935 — Total assets $ 93,310 $ 25,946 $ 67,364 $ — Liabilities: Subordinated debt $ 37,370 $ — $ 37,370 $ — Contingent consideration 1,982 — — 1,982 Total liabilities $ 39,352 $ — $ 37,370 $ 1,982 (in thousands) December 31, 2015 Fair Value Measurements at the End of the Reporting Period Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Recurring fair value measurements Assets: Fixed maturities: U.S. government, government agencies and authorities $ 20,453 $ — $ 20,453 $ — States municipalities and political subdivisions 2,256 — 2,256 — Mortgage-backed 7,963 — 7,963 — Asset-backed securities and collateralized mortgage obligations 6,023 — 6,023 — Corporate 18,864 — 18,864 — Total fixed maturities 55,559 — 55,559 — Equity investments: Common stock 26,586 26,586 — — Warrants 973 229 744 — Total equity investments 27,559 26,815 744 — Other investments 4,077 — 4,077 — Short-term investments 400 — 400 — Total assets $ 87,595 $ 26,815 $ 60,780 $ — Liabilities: Subordinated debt $ 39,898 $ — $ 39,898 $ — Contingent consideration 1,982 — — 1,982 Total liabilities $ 41,880 $ — $ 39,898 $ 1,982 The following table provides a reconciliation of the fair value of recurring Level 3 fair value measurements for the three months ended March 31, 2016 and March 31, 2015 : (in thousands) Three months ended March 31, 2016 2015 Contingent consideration: Beginning balance $ 1,982 $ 3,121 Change in fair value of contingent consideration included in net (loss) income — 144 Ending balance $ 1,982 $ 3,265

Commitment and Contingencies

Commitment and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies [Abstract]
Commitments and Contingencies Disclosure [Text Block]	COMMITMENTS AND CONTINGENCIES (a) Legal proceedings: In connection with its operations in the ordinary course of business, the Company and its subsidiaries are named as defendants in various actions for damages and costs allegedly sustained by the plaintiffs. While it is not possible to estimate the loss, or range of loss, if any, that may be incurred in connection with any of the various proceedings at this time, it is possible that an individual action may result in a loss having a material adverse effect on the Company's financial condition or results of operations. (b) Guarantee: The Company provided an indemnity and hold harmless agreement to a third-party for customs bonds reinsured by Lincoln General Insurance Company ("Lincoln General") during the time Lincoln General was a subsidiary of the Company. This agreement may require the Company to compensate the third-party if Lincoln General is unable to fulfill its obligations relating to the customs bonds. The Company's potential exposure under this agreement is not determinable, and no liability has been recorded in the unaudited consolidated interim financial statements at March 31, 2016 . (c) Commitment: The Company has entered into subscription agreements to commit up to $4.5 million of capital to allow for participation in limited liability investments. At March 31, 2016 , the unfunded commitment was $2.3 million .

Subsequent Event (Notes)

Subsequent Event (Notes)	3 Months Ended
	Mar. 31, 2016
Subsequent Event [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENT On April 21, 2016, the Company announced that it restructured its Insurance Services segment with the acquisition of Argo Management Group LLC ("Argo") and the formation of 1347 Warranty Holdings ("1347 Warranty"). Argo's primary business is to act as the Managing Member of Argo Holdings Fund I, LLC, an investment fund organized for purposes of making control-oriented equity investments in established lower middle market companies based in North America, with a focus on search fund investments. Mr. John T. Fitzgerald, the Managing Member of Argo, joined Kingsway as an Executive Vice President and is leading 1347 Warranty, a unit formed to manage Kingsway's warranty businesses, which comprise IWS and Trinity. On April 21, 2016, the Board of Directors of the Company appointed Mr. Fitzgerald as a new director. As part of the agreement to purchase Argo, Mr. Fitzgerald will receive 160,000 common shares of the Company and 500,000 restricted stock units scheduled to vest on March 28, 2024 with other terms and conditions substantially similar to those pertaining to the Company's executive officers under the 2013 Equity Incentive Plan. The restricted stock units will be issued when certain conditions precedent are met including the purchase for $1.0 million by Mr. Fitzgerald of common shares of the Company either in open market purchases, or directly from the Company at $5.50 per share should the market price exceed $5.50 per share. Mr. Fitzgerald also received 40,000 options granted April 20, 2016, which were immediately vested and exercisable as of that date.

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2016
Discontinued Operations [Abstract]
Disposal Groups, Including Discontinued Operations [Table Text Block]	Summary financial information included in income from discontinued operations, net of taxes for the three months ended March 31, 2015 is presented below: (in thousands) Three months ended March 31, 2016 2015 Revenues: Service fee and commission income $ — $ 8,342 Other expense — (20 ) Total revenues — 8,322 Expenses: General and administrative expenses — 6,462 Income from discontinued operations before income tax expense — 1,860 Income tax expense — 434 Income from discontinued operations, net of taxes $ — $ 1,426 For the three months ended March 31, 2016 and March 31, 2015 , ARS' net cash used in operating activities was zero and $0.2 million , respectively. ARS had no cash flows from investing activities for the three months ended March 31, 2016 and March 31, 2015 .

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2016
Investments [Abstract]
Schedule of Unrealized Loss on Investments [Table Text Block]	(in thousands) March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Fixed maturities: U.S. government, government agencies and authorities $ 24,845 $ 130 $ 3 $ 24,972 States, municipalities and political subdivisions 2,334 31 — 2,365 Mortgage-backed 8,400 91 9 8,482 Asset-backed securities and collateralized mortgage obligations 6,586 15 5 6,596 Corporate 19,424 196 23 19,597 Total fixed maturities 61,589 463 40 62,012 Equity investments: Common stock 24,934 3,402 2,577 25,759 Warrants 1,251 27 734 544 Total equity investments 26,185 3,429 3,311 26,303 Total fixed maturities and equity investments $ 87,774 $ 3,892 $ 3,351 $ 88,315 (in thousands) December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Fixed maturities: U.S. government, government agencies and authorities $ 20,443 $ 73 $ 63 $ 20,453 States, municipalities and political subdivisions 2,241 20 5 2,256 Mortgage-backed 7,997 25 59 7,963 Asset-backed securities and collateralized mortgage obligations 6,040 4 21 6,023 Corporate 18,885 60 81 18,864 Total fixed maturities 55,606 182 229 55,559 Equity investments: Common stock 25,177 3,464 2,055 26,586 Warrants 1,251 52 330 973 Total equity investments 26,428 3,516 2,385 27,559 Total fixed maturities and equity investments $ 82,034 $ 3,698 $ 2,614 $ 83,118
Investments Classified by Contractual Maturity Date [Table Text Block]	(in thousands) March 31, 2016 Amortized Cost Estimated Fair Value Due in one year or less $ 13,092 $ 13,157 Due after one year through five years 37,524 37,789 Due after five years through ten years 3,108 3,130 Due after ten years 7,865 7,936 Total $ 61,589 $ 62,012
Schedule of Realized Gain (Loss) [Table Text Block]	(in thousands) Three months ended March 31, 2016 2015 Gross realized gains $ 34 $ — Gross realized losses (205 ) — Net realized losses $ (171 ) $ —
Investment Income [Table Text Block]	(in thousands) Three months ended March 31, 2016 2015 Investment income Interest from fixed maturities $ 218 $ 269 Dividends 266 147 (Loss) income from limited liability investments (201 ) 929 Loss on change in fair value of warrants (387 ) — Other 39 34 Gross investment (loss) income (65 ) 1,379 Investment expenses (7 ) (66 ) Net investment (loss) income $ (72 ) $ 1,313
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	(in thousands) March 31, 2016 Less than 12 Months Greater than 12 Months Total Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Fixed maturities: U.S. government, government agencies and authorities $ 5,516 $ 3 $ — $ — $ 5,516 $ 3 Mortgage-backed 1,332 9 — — 1,332 9 Asset-backed securities and collateralized mortgage obligations 2,866 5 — — 2,866 5 Corporate 3,569 23 — — 3,569 23 Total fixed maturities 13,283 40 — — 13,283 40 Equity investments: Common stock 9,586 2,577 — — 9,586 2,577 Warrants 491 734 — — 491 734 Total equity investments 10,077 3,311 — — 10,077 3,311 Total $ 23,360 $ 3,351 $ — $ — $ 23,360 $ 3,351 (in thousands) December 31, 2015 Less than 12 Months Greater than 12 Months Total Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Fixed maturities: U.S. government, government agencies and authorities $ 12,635 $ 63 $ — $ — $ 12,635 $ 63 States, municipalities and political subdivisions 745 5 — — 745 5 Mortgage-backed 5,685 59 — — 5,685 59 Asset-backed securities and collateralized mortgage obligations 5,035 21 — — 5,035 21 Corporate 9,171 81 — — 9,171 81 Total fixed maturities 33,271 229 — — 33,271 229 Equity investments: Common stock 15,711 2,055 — — 15,711 2,055 Warrants 897 330 — — 897 330 Total equity investments 16,608 2,385 — — 16,608 2,385 Total $ 49,879 $ 2,614 $ — $ — $ 49,879 $ 2,614

Investments Amortized cost, gro

Investments Amortized cost, gross unrealized gains and losses, and estimated fair value (Tables)	3 Months Ended
	Mar. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Schedule of Unrealized Loss on Investments [Table Text Block]	(in thousands) March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Fixed maturities: U.S. government, government agencies and authorities $ 24,845 $ 130 $ 3 $ 24,972 States, municipalities and political subdivisions 2,334 31 — 2,365 Mortgage-backed 8,400 91 9 8,482 Asset-backed securities and collateralized mortgage obligations 6,586 15 5 6,596 Corporate 19,424 196 23 19,597 Total fixed maturities 61,589 463 40 62,012 Equity investments: Common stock 24,934 3,402 2,577 25,759 Warrants 1,251 27 734 544 Total equity investments 26,185 3,429 3,311 26,303 Total fixed maturities and equity investments $ 87,774 $ 3,892 $ 3,351 $ 88,315 (in thousands) December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Fixed maturities: U.S. government, government agencies and authorities $ 20,443 $ 73 $ 63 $ 20,453 States, municipalities and political subdivisions 2,241 20 5 2,256 Mortgage-backed 7,997 25 59 7,963 Asset-backed securities and collateralized mortgage obligations 6,040 4 21 6,023 Corporate 18,885 60 81 18,864 Total fixed maturities 55,606 182 229 55,559 Equity investments: Common stock 25,177 3,464 2,055 26,586 Warrants 1,251 52 330 973 Total equity investments 26,428 3,516 2,385 27,559 Total fixed maturities and equity investments $ 82,034 $ 3,698 $ 2,614 $ 83,118

Investments Fixed maturities by

Investments Fixed maturities by contractual periods (Tables)	3 Months Ended
	Mar. 31, 2016
Schedule of Held-to-maturity Securities [Line Items]
Investments Classified by Contractual Maturity Date [Table Text Block]	(in thousands) March 31, 2016 Amortized Cost Estimated Fair Value Due in one year or less $ 13,092 $ 13,157 Due after one year through five years 37,524 37,789 Due after five years through ten years 3,108 3,130 Due after ten years 7,865 7,936 Total $ 61,589 $ 62,012
Schedule of Realized Gain (Loss) [Table Text Block]	(in thousands) Three months ended March 31, 2016 2015 Gross realized gains $ 34 $ — Gross realized losses (205 ) — Net realized losses $ (171 ) $ —

Investments Gross realized gain

Investments Gross realized gains and losses (Tables)	3 Months Ended
	Mar. 31, 2016
Gain (Loss) on Investments [Line Items]
Schedule of Realized Gain (Loss) [Table Text Block]	(in thousands) Three months ended March 31, 2016 2015 Gross realized gains $ 34 $ — Gross realized losses (205 ) — Net realized losses $ (171 ) $ —

Investments Investments income

Investments Investments income (Tables)	3 Months Ended
	Mar. 31, 2016
Net Investment Income [Line Items]
Investment Income [Table Text Block]	(in thousands) Three months ended March 31, 2016 2015 Investment income Interest from fixed maturities $ 218 $ 269 Dividends 266 147 (Loss) income from limited liability investments (201 ) 929 Loss on change in fair value of warrants (387 ) — Other 39 34 Gross investment (loss) income (65 ) 1,379 Investment expenses (7 ) (66 ) Net investment (loss) income $ (72 ) $ 1,313

Investments Continuous Unrealiz

Investments Continuous Unrealized Loss Position (Tables)	3 Months Ended
	Mar. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	(in thousands) March 31, 2016 Less than 12 Months Greater than 12 Months Total Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Fixed maturities: U.S. government, government agencies and authorities $ 5,516 $ 3 $ — $ — $ 5,516 $ 3 Mortgage-backed 1,332 9 — — 1,332 9 Asset-backed securities and collateralized mortgage obligations 2,866 5 — — 2,866 5 Corporate 3,569 23 — — 3,569 23 Total fixed maturities 13,283 40 — — 13,283 40 Equity investments: Common stock 9,586 2,577 — — 9,586 2,577 Warrants 491 734 — — 491 734 Total equity investments 10,077 3,311 — — 10,077 3,311 Total $ 23,360 $ 3,351 $ — $ — $ 23,360 $ 3,351 (in thousands) December 31, 2015 Less than 12 Months Greater than 12 Months Total Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Estimated Fair Value Unrealized Loss Fixed maturities: U.S. government, government agencies and authorities $ 12,635 $ 63 $ — $ — $ 12,635 $ 63 States, municipalities and political subdivisions 745 5 — — 745 5 Mortgage-backed 5,685 59 — — 5,685 59 Asset-backed securities and collateralized mortgage obligations 5,035 21 — — 5,035 21 Corporate 9,171 81 — — 9,171 81 Total fixed maturities 33,271 229 — — 33,271 229 Equity investments: Common stock 15,711 2,055 — — 15,711 2,055 Warrants 897 330 — — 897 330 Total equity investments 16,608 2,385 — — 16,608 2,385 Total $ 49,879 $ 2,614 $ — $ — $ 49,879 $ 2,614

Investment in Investee (Tables)

Investment in Investee (Tables)	3 Months Ended
	Mar. 31, 2016
Investment in Investee [Abstract]
Equity Method Investments [Table Text Block]	The carrying value, estimated fair value and approximate equity percentage for the Company's investment in 1347 Capital Corp. at March 31, 2016 and December 31, 2015 were as follows: (in thousands, except for percentages) March 31, 2016 December 31, 2015 Equity Percentage Estimated Fair Value Carrying Value Equity Percentage Estimated Fair Value Carrying value 1347 Capital Corp. 21.0 % $12,447 $ 1,702 21.0 % $12,369 $ 1,772

Deferred Acquisition Costs (Tab

Deferred Acquisition Costs (Tables)	3 Months Ended
	Mar. 31, 2016
Deferred Acquisition Costs [Line Items]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	The components of deferred acquisition costs and the related amortization expense for the three months ended March 31, 2016 and 2015 , respectively, are comprised as follows: (in thousands) Three months ended March 31, 2016 2015 Beginning balance, net $ 12,143 $ 12,197 Additions 7,589 7,554 Amortization (6,292 ) (6,548 ) Balance at March 31, net $ 13,440 $ 13,203

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Intangible assets are comprised as follows: (in thousands) March 31, 2016 Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets subject to amortization Database $ 4,918 $ 1,660 $ 3,258 Vehicle service agreements in-force 3,680 3,410 270 Customer-related relationships 3,611 1,164 2,447 Non-compete agreement 70 70 — Intangible assets not subject to amortization Insurance licenses 7,803 — 7,803 Trade name 663 — 663 Total $ 20,745 $ 6,304 $ 14,441 (in thousands) December 31, 2015 Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets subject to amortization Database $ 4,918 $ 1,537 $ 3,381 Vehicle service agreements in-force 3,680 3,362 318 Customer-related relationships 3,611 1,040 2,571 Non-compete agreement 70 70 — Intangible assets not subject to amortization Insurance licenses 7,803 — 7,803 Trade name 663 — 663 Total $ 20,745 $ 6,009 $ 14,736

Unpaid Loss and Loss Adjustme38

Unpaid Loss and Loss Adjustment Expenses (Tables)	3 Months Ended
	Mar. 31, 2016
Liability for Future Policy Benefit, by Product Segment [Line Items]
Liability for Future Policy Benefits and Unpaid Claims Disclosure [Text Block]	10 UNPAID LOSS AND LOSS ADJUSTMENT EXPENSES The establishment of the provision for unpaid loss and loss adjustment expenses is based on known facts and interpretation of circumstances and is therefore a complex and dynamic process influenced by a large variety of factors. These factors include the Company's experience with similar cases and historical trends involving loss payment patterns, pending levels of unpaid loss and loss adjustment expenses, product mix or concentration, loss severity and loss frequency patterns. Other factors include the continually evolving and changing regulatory and legal environment; actuarial studies; professional experience and expertise of the Company's claims departments' personnel and independent adjusters retained to handle individual claims; the quality of the data used for projection purposes; existing claims management practices including claims-handling and settlement practices; the effect of inflationary trends on future loss settlement costs; court decisions; economic conditions; and public attitudes. Consequently, the process of determining the provision for unpaid loss and loss adjustment expenses necessarily involves risks that the actual loss and loss adjustment expenses incurred by Company will deviate, perhaps materially, from the estimates recorded. The Company's evaluation of the adequacy of unpaid loss and loss adjustment expenses includes a re-estimation of the liability for unpaid loss and loss adjustment expenses relating to each preceding financial year compared to the liability that was previously established. (a) Property and Casualty The results of this comparison and the changes in the provision for property and casualty unpaid loss and loss adjustment expenses, net of amounts recoverable from reinsurers, as of March 31, 2016 and March 31, 2015 were as follows: (in thousands) March 31, 2016 March 31, 2015 Balance at beginning of period, gross $ 55,471 $ 63,895 Less reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses 1,207 3,203 Balance at beginning of period, net 54,264 60,692 Incurred related to: Current year 22,039 20,472 Prior years 91 (76 ) Paid related to: Current year (7,036 ) (7,532 ) Prior years (17,517 ) (16,740 ) Balance at end of period, net 51,841 56,816 Plus reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses 1,029 2,706 Balance at end of period, gross $ 52,870 $ 59,522 (b) Vehicle Service Agreements The results of the comparison and the changes in the provision for vehicle service agreement unpaid loss and loss adjustment expenses as of March 31, 2016 and March 31, 2015 were as follows: (in thousands) March 31, 2016 March 31, 2015 Balance at beginning of period $ 2,975 $ 2,975 Incurred related to: Current year 1,367 1,557 Prior years — — Paid related to: Current year (1,233 ) (1,446 ) Prior years (134 ) (111 ) Balance at end of period $ 2,975 $ 2,975

Unpaid Loss and Loss Adjustme39

Unpaid Loss and Loss Adjustment Expenses Insurance Product Line (Tables)	3 Months Ended
	Mar. 31, 2016
Liability for Claims and Claims Adjustment Expense [Line Items]
Liability for Future Policy Benefits and Unpaid Claims Disclosure [Text Block]	10 UNPAID LOSS AND LOSS ADJUSTMENT EXPENSES The establishment of the provision for unpaid loss and loss adjustment expenses is based on known facts and interpretation of circumstances and is therefore a complex and dynamic process influenced by a large variety of factors. These factors include the Company's experience with similar cases and historical trends involving loss payment patterns, pending levels of unpaid loss and loss adjustment expenses, product mix or concentration, loss severity and loss frequency patterns. Other factors include the continually evolving and changing regulatory and legal environment; actuarial studies; professional experience and expertise of the Company's claims departments' personnel and independent adjusters retained to handle individual claims; the quality of the data used for projection purposes; existing claims management practices including claims-handling and settlement practices; the effect of inflationary trends on future loss settlement costs; court decisions; economic conditions; and public attitudes. Consequently, the process of determining the provision for unpaid loss and loss adjustment expenses necessarily involves risks that the actual loss and loss adjustment expenses incurred by Company will deviate, perhaps materially, from the estimates recorded. The Company's evaluation of the adequacy of unpaid loss and loss adjustment expenses includes a re-estimation of the liability for unpaid loss and loss adjustment expenses relating to each preceding financial year compared to the liability that was previously established. (a) Property and Casualty The results of this comparison and the changes in the provision for property and casualty unpaid loss and loss adjustment expenses, net of amounts recoverable from reinsurers, as of March 31, 2016 and March 31, 2015 were as follows: (in thousands) March 31, 2016 March 31, 2015 Balance at beginning of period, gross $ 55,471 $ 63,895 Less reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses 1,207 3,203 Balance at beginning of period, net 54,264 60,692 Incurred related to: Current year 22,039 20,472 Prior years 91 (76 ) Paid related to: Current year (7,036 ) (7,532 ) Prior years (17,517 ) (16,740 ) Balance at end of period, net 51,841 56,816 Plus reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses 1,029 2,706 Balance at end of period, gross $ 52,870 $ 59,522 (b) Vehicle Service Agreements The results of the comparison and the changes in the provision for vehicle service agreement unpaid loss and loss adjustment expenses as of March 31, 2016 and March 31, 2015 were as follows: (in thousands) March 31, 2016 March 31, 2015 Balance at beginning of period $ 2,975 $ 2,975 Incurred related to: Current year 1,367 1,557 Prior years — — Paid related to: Current year (1,233 ) (1,446 ) Prior years (134 ) (111 ) Balance at end of period $ 2,975 $ 2,975
Property, Liability and Casualty Insurance Product Line [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liability for Future Policy Benefits and Unpaid Claims Disclosure [Text Block]	The results of this comparison and the changes in the provision for property and casualty unpaid loss and loss adjustment expenses, net of amounts recoverable from reinsurers, as of March 31, 2016 and March 31, 2015 were as follows: (in thousands) March 31, 2016 March 31, 2015 Balance at beginning of period, gross $ 55,471 $ 63,895 Less reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses 1,207 3,203 Balance at beginning of period, net 54,264 60,692 Incurred related to: Current year 22,039 20,472 Prior years 91 (76 ) Paid related to: Current year (7,036 ) (7,532 ) Prior years (17,517 ) (16,740 ) Balance at end of period, net 51,841 56,816 Plus reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses 1,029 2,706 Balance at end of period, gross $ 52,870 $ 59,522

Unpaid Loss and Loss Adjustme40

Unpaid Loss and Loss Adjustment Expenses Vehicle Service Agreements (Tables)	3 Months Ended
	Mar. 31, 2016
Other Insurance Product Line [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]	The results of the comparison and the changes in the provision for vehicle service agreement unpaid loss and loss adjustment expenses as of March 31, 2016 and March 31, 2015 were as follows: (in thousands) March 31, 2016 March 31, 2015 Balance at beginning of period $ 2,975 $ 2,975 Incurred related to: Current year 1,367 1,557 Prior years — — Paid related to: Current year (1,233 ) (1,446 ) Prior years (134 ) (111 ) Balance at end of period $ 2,975 $ 2,975

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Instrument [Line Items]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	Debt consists of the following instrument: (in thousands) March 31, 2016 December 31, 2015 Principal Fair Value Principal Fair Value Subordinated debt $ 90,500 $ 37,370 $ 90,500 $ 39,898
Schedule of Subordinated Borrowing [Table Text Block]	Subordinated debt mentioned above consists of the following trust preferred debt instruments: Issuer Principal Issue date Interest Redemption date Kingsway CT Statutory Trust I $ 15,000 12/4/2002 annual interest rate equal to LIBOR, plus 4.00% payable quarterly 12/4/2032 Kingsway CT Statutory Trust II $ 17,500 5/15/2003 annual interest rate equal to LIBOR, plus 4.10% payable quarterly 5/15/2033 Kingsway CT Statutory Trust III $ 20,000 10/29/2003 annual interest rate equal to LIBOR, plus 3.95% payable quarterly 10/29/2033 Kingsway DE Statutory Trust III $ 15,000 5/22/2003 annual interest rate equal to LIBOR, plus 4.20% payable quarterly 5/22/2033 Kingsway DE Statutory Trust IV $ 10,000 9/30/2003 annual interest rate equal to LIBOR, plus 3.85% payable quarterly 9/30/2033 Kingsway DE Statutory Trust VI $ 13,000 1/8/2004 annual interest rate equal to LIBOR, plus 4.00% payable quarterly 1/8/2034

Income Taxes Income Taxes (tabl

Income Taxes Income Taxes (table) (Tables)	3 Months Ended
	Mar. 31, 2016
Income Tax (table) [Abstract]
Income Tax (Benefit) Expense [Table Text Block]	The following table summarizes the differences: (in thousands) Three months ended March 31, 2016 2015 Income tax (benefit) expense at United States statutory income tax rate $ (499 ) $ 690 Valuation allowance 389 (638 ) Non-taxable dividend income — (424 ) Foreign operations subject to different tax rates 36 122 Other 100 272 Income tax expense $ 26 $ 22

(Loss) Earnings per Share fro43

(Loss) Earnings per Share from Continuing Operations Net Loss per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the reconciliation of numerators and denominators for the basic and diluted (loss) earnings per share from continuing operations computation for the three months ended March 31, 2016 and March 31, 2015 : (in thousands, except per share data) Three months ended March 31, 2016 2015 Numerator: (Loss) income from continuing operations $ (1,495 ) $ 2,008 Plus (less): net loss (income) attributable to noncontrolling interests 39 (1,224 ) Less: dividends on preferred stock (82 ) (81 ) (Loss) income from continuing operations attributable to common shareholders $ (1,538 ) $ 703 Denominator: Weighted average basic shares Weighted average common shares outstanding 19,710 19,710 Weighted average diluted shares Weighted average common shares outstanding 19,710 19,710 Effect of potentially dilutive securities Stock options — 130 Unvested restricted stock awards — 689 Warrants — 620 Convertible preferred stock — — Total weighted average diluted shares 19,710 21,149 Basic (loss) earnings per common share from continuing operations $ (0.08 ) $ 0.04 Diluted (loss) earnings per common share from continuing operations $ (0.08 ) $ 0.03

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Stock-Based Compensation [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following table summarizes the stock option activity during the three months ended March 31, 2016 : (in thousands, except for share data) Number of Options Outstanding Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (in Years) Aggregate Intrinsic Value Outstanding at December 31, 2015 611,875 $ 4.50 2.2 $ 43 Granted — — Expired — — Outstanding at March 31, 2016 611,875 $ 4.50 2.0 $ 153 Exercisable at March 31, 2016 611,875 $ 4.50 2.0 $ 153
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	during the three months ended March 31, 2016 .
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	The grant-date fair value of the Restricted Stock was determined using the closing price of Kingsway common stock on the date of grant. The following table summarizes the activity related to unvested Restricted Stock for the three months ended March 31, 2016 : (in thousands, except for share data) Restricted Stock Awards Weighted-Average Grant Date Fair Value (per Share) Unvested at December 31, 2015 1,952,665 $ 4.14 Granted — — Forfeited — — Unvested at March 31, 2016 1,952,665 $ 4.14

Accumulated Other Comprehensi45

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2016
Accumulated Other Comprehensive Income [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	On the other hand, the unaudited consolidated statements of comprehensive (loss) income present the components of other comprehensive loss, net of tax, only for the three months ended March 31, 2016 and March 31, 2015 and inclusive of the components attributable to noncontrolling interests in consolidated subsidiaries. (in thousands) Three months ended March 31, 2016 Unrealized Gains (Losses) on Fixed Maturities and Equity Investments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income Balance at January 1, 2016 $ 13,080 $ (3,780 ) $ 9,300 Other comprehensive income before reclassifications 275 — 275 Amounts reclassified from accumulated other comprehensive income (432 ) — (432 ) Net current-period other comprehensive loss (157 ) — (157 ) Balance at March 31, 2016 $ 12,923 $ (3,780 ) $ 9,143 (in thousands) Three months ended March 31, 2015 Unrealized Gains (Losses) on Fixed Maturities and Equity Investments Foreign Currency Translation Adjustments Total Accumulated Other Comprehensive Income Balance at January 1, 2015 $ 14,622 $ (5,952 ) $ 8,670 Other comprehensive (loss) income before reclassifications (108 ) 180 72 Amounts reclassified from accumulated other comprehensive income 13 — 13 Net current-period other comprehensive (loss) income (95 ) 180 85 Balance at March 31, 2015 $ 14,527 $ (5,772 ) $ 8,755
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Components of accumulated other comprehensive income were reclassified to the following lines of the unaudited consolidated statements of operations for the three months ended March 31, 2016 and March 31, 2015 : Three months ended March 31, 2016 2015 Reclassification of accumulated other comprehensive income from unrealized gains (losses) on fixed maturities and equity investments to: Net realized losses $ 432 $ (3 ) Other-than-temporary impairment loss — (10 ) (Loss) income from continuing operations before income tax expense 432 (13 ) Income tax expense — — Net (loss) income 432 (13 )

Segmented Information (Tables)

Segmented Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segmented Information [Abstract]
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	Revenues by reportable segment reconciled to consolidated revenues for the three months ended March 31, 2016 and 2015 were: (in thousands) Three months ended March 31, 2016 2015 Revenues: Insurance Underwriting: Net premiums earned $ 29,427 $ 29,030 Other income 2,273 2,237 Total Insurance Underwriting 31,700 31,267 Insurance Services: Service fee and commission income 5,322 5,398 Other income 54 97 Total Insurance Services 5,376 5,495 Total segment revenues 37,076 36,762 Net investment (loss) income (72 ) 1,313 Net realized losses (171 ) — Other-than-temporary impairment loss — (10 ) Other income not allocated to segments 47 6,023 Total revenues $ 36,880 $ 44,088
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Segment operating (loss) income reconciled to the consolidated (loss) income from continuing operations for the three months ended March 31, 2016 and 2015 were: (in thousands) Three months ended March 31, 2016 2015 Segment operating (loss) income Insurance Underwriting $ (239 ) $ 322 Insurance Services (156 ) (186 ) Total segment operating (loss) income (395 ) 136 Net investment (loss) income (72 ) 1,313 Net realized losses (171 ) — Other-than-temporary impairment loss — (10 ) Other income and expenses not allocated to segments, net (1,901 ) 2,710 Amortization of intangible assets (295 ) (317 ) Contingent consideration expense — (144 ) Interest expense (1,093 ) (1,391 ) Foreign exchange losses, net (1 ) (392 ) Gain on change in fair value of debt 2,528 261 Equity in net loss of investee (69 ) (136 ) (Loss) income from continuing operations before income tax expense (1,469 ) 2,030 Income tax expense 26 22 (Loss) income from continuing operations $ (1,495 ) $ 2,008
Revenue from External Customers by Geographic Areas [Table Text Block]	et premiums earned by line of business for the three months ended March 31, 2016 and 2015 were: (in thousands) Three months ended March 31, 2016 2015 Insurance Underwriting: Private passenger auto liability $ 20,075 $ 19,339 Auto physical damage 9,352 9,691 Total net premiums earned $ 29,427 $ 29,030

Fair Value of Financial Instr47

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value of Financial Instruments [Abstract]
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	The Company employs a fair value hierarchy to categorize the inputs it uses in valuation techniques to measure the fair value. The extent of use of quoted market prices (Level 1), valuation models using observable market information (Level 2) and internal models without observable market information (Level 3) in the valuation of the Company's financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2016 and December 31, 2015 was as follows: (in thousands) March 31, 2016 Fair Value Measurements at the End of the Reporting Period Using Total Quoted Prices in Active Markets for Identical Assets(Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Recurring fair value measurements Assets: Fixed maturities: U.S. government, government agencies and authorities $ 24,972 $ — $ 24,972 $ — States, municipalities and political subdivisions 2,365 — 2,365 — Mortgage-backed 8,482 — 8,482 — Asset-backed securities and collateralized mortgage obligations 6,596 — 6,596 — Corporate 19,597 — 19,597 — Total fixed maturities 62,012 — 62,012 — Equity investments: Common stock 25,759 25,759 — — Warrants 544 187 357 — Total equity investments 26,303 25,946 357 — Other investments 4,060 — 4,060 — Short-term investments 935 — 935 — Total assets $ 93,310 $ 25,946 $ 67,364 $ — Liabilities: Subordinated debt $ 37,370 $ — $ 37,370 $ — Contingent consideration 1,982 — — 1,982 Total liabilities $ 39,352 $ — $ 37,370 $ 1,982 (in thousands) December 31, 2015 Fair Value Measurements at the End of the Reporting Period Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Recurring fair value measurements Assets: Fixed maturities: U.S. government, government agencies and authorities $ 20,453 $ — $ 20,453 $ — States municipalities and political subdivisions 2,256 — 2,256 — Mortgage-backed 7,963 — 7,963 — Asset-backed securities and collateralized mortgage obligations 6,023 — 6,023 — Corporate 18,864 — 18,864 — Total fixed maturities 55,559 — 55,559 — Equity investments: Common stock 26,586 26,586 — — Warrants 973 229 744 — Total equity investments 27,559 26,815 744 — Other investments 4,077 — 4,077 — Short-term investments 400 — 400 — Total assets $ 87,595 $ 26,815 $ 60,780 $ — Liabilities: Subordinated debt $ 39,898 $ — $ 39,898 $ — Contingent consideration 1,982 — — 1,982 Total liabilities $ 41,880 $ — $ 39,898 $ 1,982
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table provides a reconciliation of the fair value of recurring Level 3 fair value measurements for the three months ended March 31, 2016 and March 31, 2015 : (in thousands) Three months ended March 31, 2016 2015 Contingent consideration: Beginning balance $ 1,982 $ 3,121 Change in fair value of contingent consideration included in net (loss) income — 144 Ending balance $ 1,982 $ 3,265

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) number in Thousands, $ in Millions	Apr. 01, 2015	Jun. 30, 2015	Dec. 31, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash Provided by (Used in) Operating Activities, Discontinued Operations			$ (0.2)
Disposal Group, Including Discontinued Operation, Consideration		$ 2
Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from Divestiture of Interest in Subsidiaries and Affiliates	$ 47
Premiums, Percentage Assumed to Net		0.00%

Discontinued Operations ARS Inc

Discontinued Operations ARS Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015	Dec. 31, 2015
Revenues [Abstract]
Service fee and commission income		$ 8,322	$ 0
Other expense		(20)	0
Total revenues		8,322	0
Operating Expenses [Abstract]
General and administrative expenses		6,462		$ 0
Income from discontinued operations before income tax expense		1,860	0
Income tax expense		434	0
Income from discontinued operations, net of taxes	$ 0	1,426	0
Sales [Member]
Revenues [Abstract]
Service fee and commission income		8,342	0
Total revenues		$ 8,342	$ 0

Investments (Details)

Investments (Details) number in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	64		127
Other-than-temporary impairment loss	$ 0	$ 10
Available-for-sale Securities Pledged as Collateral	12,715
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments	2,300
Other investments, at cost which approximates fair value	4,060		$ 4,077
Pledged Assets Separately Reported, Nonsecuritized Investments Pledged as Collateral, at Fair Value	15,800
Other-than-temporary impairment loss	0	$ (10)
Limited liability investments	$ 20,240		$ 20,141

Investments Amortized cost, g51

Investments Amortized cost, gross unrealized gains and losses, and estimated fair value (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Fixed maturities, cost	$ 61,589	$ 55,606
Gross Unrealized Gain, Fixed Maturities	463	182
Gross Unrealized Loss, Fixed Maturities	40	229
Total Fixed Maturities	62,012	55,559
Equity investments, cost	26,185	26,428
Total Equity Investments	26,303	27,559
Amortized Cost	87,774	82,034
Gross Unrealized Gain	3,892	3,698
Gross Unrealized Loss	3,351	2,614
Estimated Fair Value, Fixed Maturities and Equity Investments	88,315	83,118
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fixed maturities, cost	24,845	20,443
Gross Unrealized Gain, Fixed Maturities	130	73
Gross Unrealized Loss, Fixed Maturities	3	63
Total Fixed Maturities	24,972	20,453
Gross Unrealized Loss	3	63
Estimated Fair Value, Fixed Maturities and Equity Investments	24,972	20,453
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fixed maturities, cost	2,334	2,241
Gross Unrealized Gain, Fixed Maturities	31	20
Gross Unrealized Loss, Fixed Maturities	0	5
Total Fixed Maturities	2,365	2,256
Gross Unrealized Loss		5
Estimated Fair Value, Fixed Maturities and Equity Investments	2,365	2,256
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Fixed maturities, cost	8,400	7,997
Gross Unrealized Gain, Fixed Maturities	91	25
Gross Unrealized Loss, Fixed Maturities	9	59
Total Fixed Maturities	8,482	7,963
Gross Unrealized Loss	9	59
Estimated Fair Value, Fixed Maturities and Equity Investments	8,482	7,963
Asset-backed Securities, Securitized Loans and Receivables [Member]
Schedule of Available-for-sale Securities [Line Items]
Fixed maturities, cost	6,586	6,040
Gross Unrealized Gain, Fixed Maturities	15	4
Gross Unrealized Loss, Fixed Maturities	5	21
Total Fixed Maturities	6,596	6,023
Estimated Fair Value, Fixed Maturities and Equity Investments	6,596	6,023
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fixed maturities, cost	19,424	18,885
Gross Unrealized Gain, Fixed Maturities	196	60
Gross Unrealized Loss, Fixed Maturities	23	81
Total Fixed Maturities	19,597	18,864
Gross Unrealized Loss	23	81
Estimated Fair Value, Fixed Maturities and Equity Investments	19,597	18,864
Common Stock [Member]
Schedule of Available-for-sale Securities [Line Items]
Equity investments, cost	24,934	25,177
Total Equity Investments	25,759	26,586
Unrealized Gain, Equity Investments	3,402	3,464
Gross Unrealized Loss, Equity Investments	2,577	2,055
Gross Unrealized Loss	2,577	2,055
Warrant [Member]
Schedule of Available-for-sale Securities [Line Items]
Equity investments, cost	1,251	1,251
Total Equity Investments	544	973
Unrealized Gain, Equity Investments	27	52
Gross Unrealized Loss, Equity Investments	734	330
Gross Unrealized Loss	734	330
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Equity investments, cost	26,185	26,428
Total Equity Investments	26,303	27,559
Unrealized Gain, Equity Investments	3,429	3,516
Gross Unrealized Loss, Equity Investments	3,311	2,385
Gross Unrealized Loss	$ 3,311	$ 2,385

Investments Fixed Maturities 52

Investments Fixed Maturities by Contractual Maturity Periods (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Held-to-maturity Securities [Line Items]
Due In One Year or Less, Amortized Cost	$ 13,092
Due In One Year or Less, Fair Value	13,157
Due After One Year Through Five Years, Amortized Cost	37,524
Due After One Year Through Five Years, Fair Value	37,789
Due After Five Year Through Ten Years, Amortized Cost	3,108
Due After Five Year Through Ten Years, Fair Value	3,130
Due After Ten Years, Amortized Cost	7,865
Due After Ten Years, Fair Value	7,936
Amortized Cost, Fixed Maturities	61,589	$ 55,606
Estimated Fair Value, Fixed Maturities	$ 62,012	$ 55,559

Investments Unrealized Loss Pos

Investments Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Gain (Loss) on Investments [Line Items]
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ 3,351	$ 2,614
US Government Agencies Debt Securities [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	5,516	12,635
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	3	63
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Continuous Unrealized Loss Position, Fair Value	5,516	12,635
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	3	63
US States and Political Subdivisions Debt Securities [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value		745
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss		5
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss		0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value		0
Continuous Unrealized Loss Position, Fair Value		745
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax		5
Fixed Maturities [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	13,283	33,271
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	40	229
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Continuous Unrealized Loss Position, Fair Value	13,283	33,271
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	40	229
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	1,332	5,685
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	9	59
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Continuous Unrealized Loss Position, Fair Value	1,332	5,685
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	9	59
Asset-backed Securities [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	2,866	5,035
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	5	21
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Continuous Unrealized Loss Position, Fair Value	2,866	5,035
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	5	21
Corporate Debt Securities [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	3,569	9,171
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	23	81
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Continuous Unrealized Loss Position, Fair Value	3,569	9,171
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	23	81
Equity Securities [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	9,586	15,711
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	2,577	2,055
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Continuous Unrealized Loss Position, Fair Value	9,586	15,711
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	2,577	2,055
Warrant [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	491	897
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	734	330
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Continuous Unrealized Loss Position, Fair Value	491	897
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	734	330
Equity Securities [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	10,077	16,608
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	3,311	2,385
Continuous Unrealized Loss Position, Fair Value	10,077	16,608
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	3,311	2,385
Available-for-sale Securities [Member]
Gain (Loss) on Investments [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	23,360	49,879
Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	3,351	2,614
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	0
Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Continuous Unrealized Loss Position, Fair Value	23,360	49,879
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ 3,351	$ 2,614

Investments Gross Realized Ga54

Investments Gross Realized Gains and Losses on Fixed Maturities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Gain (Loss) on Investments [Line Items]
Gross realized gains	$ 34	$ 0
Gross realized losses	(205)	0
Net realized losses	$ (171)	$ 0

Investments Net Investment Inco

Investments Net Investment Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net Investment Income [Line Items]
Interest from fixed maturities	$ 218	$ 269
Dividends	266	147
(Loss) income from limited liability investments	(201)	929
Other	(65)	1,379
Gross investment income	39	34
Investment expenses	(7)	(66)
Net investment (loss) income	(72)	1,313
Warrant [Member]
Net Investment Income [Line Items]
Loss on change in fair value of warrants	$ (387)	$ 0

Investments Continuous Unreal56

Investments Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ 3,351	$ 2,614
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	5,516	12,635
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Continuous Unrealized Loss Position, Fair Value	5,516	12,635
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	3	63
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value		745
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss		0
Continuous Unrealized Loss Position, Fair Value		745
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax		5
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	1,332	5,685
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Continuous Unrealized Loss Position, Fair Value	1,332	5,685
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	9	59
Asset-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	2,866	5,035
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Continuous Unrealized Loss Position, Fair Value	2,866	5,035
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	5	21
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	3,569	9,171
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Continuous Unrealized Loss Position, Fair Value	3,569	9,171
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	23	81
Fixed Maturities [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	13,283	33,271
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Continuous Unrealized Loss Position, Fair Value	13,283	33,271
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	40	229
Common Stock [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	9,586	15,711
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Continuous Unrealized Loss Position, Fair Value	9,586	15,711
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax	2,577	2,055
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	2,577	2,055
Warrant [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	491	897
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Continuous Unrealized Loss Position, Fair Value	491	897
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax	734	330
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	734	330
Available-for-sale Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	23,360	49,879
Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Continuous Unrealized Loss Position, Fair Value	23,360	49,879
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ 3,351	$ 2,614

Investment in Investee (Details

Investment in Investee (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	$ 1,702		$ 1,772
Income (Loss) from Equity Method Investments	$ (69)	$ (136)
Investee [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	21.00%		21.00%
Equity Method Investments, Fair Value Disclosure	$ 12,447		$ 12,369

Deferred Acquisition Costs (Det

Deferred Acquisition Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Deferred Acquisition Costs [Line Items]
Beginning balance, net	$ (13,440)	$ (13,203)	$ (12,143)	$ (12,197)
Additions	7,589	7,554
Amortization	6,292	6,548
Balance at March 31, net	$ 13,440	$ 13,203

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 295	$ 317
Intangible assets accumulated amortization	$ 6,304		$ 6,009

Intangible Assets Intangible As

Intangible Assets Intangible Assets (Tables) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 20,745	$ 20,745
Finite-Lived Intangible Assets, Accumulated Amortization	6,304	6,009
Intangible Assets, Net (Excluding Goodwill)	14,441	14,736
Database Rights [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	4,918	4,918
Finite-Lived Intangible Assets, Accumulated Amortization	1,660	1,537
Finite-Lived Intangible Assets, Net	3,258	3,381
Service Agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	3,680	3,680
Finite-Lived Intangible Assets, Accumulated Amortization	3,410	3,362
Finite-Lived Intangible Assets, Net	270	318
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	3,611	3,611
Finite-Lived Intangible Assets, Accumulated Amortization	1,164	1,040
Finite-Lived Intangible Assets, Net	2,447	2,571
Noncompete Agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	70	70
Finite-Lived Intangible Assets, Accumulated Amortization	70	70
Finite-Lived Intangible Assets, Net	0	0
Contractual Rights [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	0	0
Indefinite-Lived Intangible Assets (Excluding Goodwill)	7,803	7,803
Indefinite-Lived Contractual Rights	7,803	7,803
Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	663	663
Trademarks and Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	0	0
Indefinite-Lived License Agreements	$ 663	$ 663

Unpaid Loss and Loss Adjustme61

Unpaid Loss and Loss Adjustment Expenses Property and Casualty (tables) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Liability for Claims and Claims Adjustment Expense [Line Items]
Property and casualty	$ 52,870	$ 59,522	$ 55,471
Balance at end of period, gross	52,870	59,522
Property, Liability and Casualty Insurance Product Line [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Property and casualty			55,471	$ 63,895
Less reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses	1,029	2,706
Balance at beginning of period, net	51,841	56,816
Current year	22,039	20,472
Prior years	(91)	76
Current year	7,036	7,532
Prior years	17,517	16,740
Balance at end of period, net	51,841	56,816	54,264	60,692
Plus reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses	$ 1,029	$ 2,706	$ 1,207	$ 3,203

Unpaid Loss and Loss Adjustme62

Unpaid Loss and Loss Adjustment Expenses Vehicle Service Agreements (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Liability for Claims and Claims Adjustment Expense [Line Items]
Vehicle service agreements	$ 2,975	$ 2,975	$ 2,975
Other Insurance Product Line [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Current year	1,367	1,557
Prior years	0	0
Current year	1,233	1,446
Prior years	$ 134	$ 111
Vehicle service agreements			$ 2,975	$ 2,975

Debt Carrying Value of Debt Ins

Debt Carrying Value of Debt Instruments (Tables) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Subordinated debt, at fair value	$ 37,370	$ 39,898
Subordinated Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Principal Value	$ 90,500	$ 90,500

Debt Subordinated Borrowing (Ta

Debt Subordinated Borrowing (Table) (Details)	3 Months Ended
	Mar. 31, 2016USD ($)
Connecticut Statutory Trust I [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 15,000
Issue date of trust	Dec. 4, 2002
Redemption date	Dec. 4, 2032
Connecticut Statutory Trust II [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 17,500
Issue date of trust	May 15, 2003
Redemption date	May 15, 2033
Connecticut Statutory Trust III [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 20,000
Issue date of trust	Oct. 29, 2003
Redemption date	Oct. 29, 2033
Delaware Statutory Trust III [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 15,000
Issue date of trust	May 22, 2003
Redemption date	May 22, 2033
Delaware Statutory Trust IV [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 10,000
Issue date of trust	Sep. 30, 2003
Redemption date	Sep. 30, 2033
Delaware Statutory Trust VI [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 13,000
Issue date of trust	Jan. 8, 2004
Redemption date	Jan. 8, 2034

Debt Debt (Subsection) (Details

Debt Debt (Subsection) (Details) number in Thousands	Mar. 31, 2016
Connecticut Statutory Trust I [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.00%
Connecticut Statutory Trust II [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.00%
Connecticut Statutory Trust III [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.00%
Delaware Statutory Trust III [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.00%
Delaware Statutory Trust IV [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.00%
Delaware Statutory Trust VI [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.00%

Finance Lease Obligation Liab66

Finance Lease Obligation Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Sale Leaseback Transaction [Line Items]
Sale Leaseback Transaction, Lease Terms	five-year
Land and Building [Member]
Sale Leaseback Transaction [Line Items]
Sale Leaseback Transaction, Net Book Value	$ 4,940	$ 4,900

Income Taxes (Details)

Income Taxes (Details) - USD ($) number in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Deferred income tax liability	$ 2,946	$ 2,924
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	0.00%

Income Taxes Income Taxes Table

Income Taxes Income Taxes Table (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Contingency [Line Items]
Income tax (benefit) expense at United States statutory income tax rate	$ (499)	$ 690
Valuation allowance	389	(638)
Non-taxable dividend income	0	(424)
Foreign operations subject to different tax rates	36	122
Other	100	272
Income tax expense	$ 26	$ 22

(Loss) Earnings per Share fro69

(Loss) Earnings per Share from Continuing Operations Net Loss Per Share (Tables) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
(Loss) income from continuing operations	$ (1,495)	$ 2,008
Less: net (loss) income attributable to noncontrolling interests in consolidated subsidiaries	(39)	1,224
Less: dividends on preferred stock	82	81
(Loss) income from continuing operations attributable to common shareholders	$ (1,538)	$ 703
Weighted average common shares outstanding	19,710	19,710
Weighted average common shares outstanding	0	130
Weighted Average Number of Shares, Restricted Stock	0	689
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants	0	620
Diluted:	19,710	21,149
Basic:	$ (0.08)	$ 0.04
Diluted:	$ (0.08)	$ 0.03

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, net of forfeitures	$ 201	$ 201
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Equity	$ 6,500

Stock-Based Compensation Stock

Stock-Based Compensation Stock Option Activity (Table) (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares
Class of Stock [Line Items]
Outstanding at December 31, 2015		611,875
Outstanding at December 31, 2015, Weighted Average Exercise Price | $ / shares	$ 4.50
Remaining Contractual Life (Years)	2
Outstanding at December 31, 2015, Aggregate Intrinsic Value | $	$ 153
Granted	0
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Exercise Price | $ / shares	$ 4.50	$ 4.50
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares	$ 0
Expired	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	611,875
Exercisable at March 31, 2016	611,875
Options Expired [Member]
Class of Stock [Line Items]
Share-based Compensation Arrangements by Share-based Payment Award, Options, Expirations in Period, Weighted Average Exercise Price | $ / shares	$ 0
Options Outstanding [Member]
Class of Stock [Line Items]
Remaining Contractual Life (Years)	2	2
Outstanding at December 31, 2015, Aggregate Intrinsic Value | $	$ 153	$ 0

Stock-Based Compensation Restri

Stock-Based Compensation Restricted Stock Awards (Tables) (Details) - Restricted Stock [Member] - USD ($)	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Unvested at December 31, 2015		$ 1,952,665
Forfeited	0
Forfeited (price per share)	$ 0
Unvested at March 31, 2016 (price per share)	$ 4.14	$ 4.14
Unvested at March 31, 2016	1,952,665

Accumulated Other Comprehensi73

Accumulated Other Comprehensive Income AOCI (Table) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at January 1, 2015	$ 9,143	$ 8,755
Other comprehensive (loss) income before reclassifications	275	72
Amounts reclassified from accumulated other comprehensive income	(432)	13
Net current-period other comprehensive (loss) income	(157)	(213)
Accumulated other comprehensive income	9,143	8,755	$ 9,300	$ 8,670
Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at January 1, 2015	12,923	14,527
Other comprehensive (loss) income before reclassifications	275	(108)
Amounts reclassified from accumulated other comprehensive income	(432)	13
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax	(157)	(95)
Net current-period other comprehensive (loss) income		85
Accumulated other comprehensive income	12,923	14,527	13,080	14,622
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at January 1, 2015	(3,780)	(5,772)
Other comprehensive (loss) income before reclassifications	0	180
Amounts reclassified from accumulated other comprehensive income	0	0
Net current-period other comprehensive (loss) income	0	180
Accumulated other comprehensive income	$ (3,780)	$ (5,772)	$ (3,780)	$ (5,952)

Accumulated Other Comprehensi74

Accumulated Other Comprehensive Income Reclassification of AOCI (table) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net realized losses	$ 432	$ (13)
Net (loss) income	432	(13)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net realized losses	(432)	3
Other-than-temporary impairment loss			$ 0	$ 10
(Loss) income from continuing operations before income tax expense	432	(13)
Income tax expense			$ 0	$ 0
Net (loss) income	$ (432)	$ 13

Segmented Information (Details)

Segmented Information (Details)	Mar. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of States in which New Business is Accepted	9
Other Segments [Member]
Segment Reporting Information [Line Items]
Number of States in which Entity Operates	12
Reportable Subsegments [Member]
Segment Reporting Information [Line Items]
Number of States in which Entity Operates	0

Segmented Information Revenues

Segmented Information Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
Net premiums earned	$ 29,427	$ 29,030	$ 29,427	$ 29,030
Other income	2,374	8,357
Service fee and commission income	5,322	5,398
Total segment revenues	36,880	44,088
Net investment (loss) income	(72)	1,313
Net realized losses	(171)	0
Other-than-temporary impairment loss	0	10
Other Nonoperating Income	47	6,023
Reportable Subsegments [Member]
Segment Reporting Information [Line Items]
Other income	54	97
Service fee and commission income	5,322	5,398
Total segment revenues	5,376	5,495
Other Segments [Member]
Segment Reporting Information [Line Items]
Net premiums earned	29,427	29,030
Other income	2,273	2,237
Total segment revenues	31,700	31,267
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total segment revenues	$ 37,076	$ 36,762

Segmented Information Segment (

Segmented Information Segment (loss) income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Total segment operating (loss) income	$ (395)	$ 136
Net investment (loss) income	(72)	1,313
Net realized losses	(171)	0
Other-than-temporary impairment loss	0	10
Other income and expenses not allocated to segments, net	(1,901)	2,710
Amortization of intangible assets	295	317
Contingent consideration expense	0	(144)
Interest expense	1,093	1,391
Foreign exchange losses, net	(1)	(392)
Foreign exchange losses, net	2,528	261
Equity in net loss of investee	(69)	(136)
(Loss) income from continuing operations before income tax expense	(1,469)	2,030
Income tax expense	26	22
(Loss) income from continuing operations	(1,495)	2,008
Reportable Subsegments [Member]
Segment Reporting Information [Line Items]
Total segment operating (loss) income	(156)	(186)
Other Segments [Member]
Segment Reporting Information [Line Items]
Total segment operating (loss) income	$ (239)	$ 322

Segmented Information Net Earne

Segmented Information Net Earned by Line of Business (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net premiums earned	$ 29,427	$ 29,030	$ 29,427	$ 29,030
Private passenger auto liability [Member]
Segment Reporting Information [Line Items]
Net premiums earned					$ 20,075	$ 19,339
Auto physical damage [Member]
Segment Reporting Information [Line Items]
Net premiums earned					$ 9,352	$ 9,691

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended
	Mar. 31, 2015	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014
Related Party Transaction [Line Items]
Proceeds from Contract Termination	$ 2,000,000
Other Significant Noncash Transaction, Value of Consideration Given	$ 3,000,000
Preferred Stock, Dividend Rate, Percentage	8.00%
Class of Warrant or Right, Outstanding	1,500,000,000
Fair Value Assumptions, Exercise Price	$ 15
Gain (Loss) on Contract Termination	$ 6,000,000
Advances to Affiliate		$ 200,000	$ 500,000
Line of Credit, Current		$ 200,000
Clause 1 and 2 [Member]
Related Party Transaction [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance				250,000
Clause 1 [Member]
Related Party Transaction [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance				125,000
Clause 2 [Member]
Related Party Transaction [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance				125,000
Share Price				$ 15
Performance Share Grant Agreement [Member]
Related Party Transaction [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	100,000,000			375,000
Minimum [Member]
Related Party Transaction [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance				125,000
Share Price	$ 10			$ 12
Maximum [Member]
Related Party Transaction [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance				125,000
Share Price				$ 18

Fair Value of Financial Instr80

Fair Value of Financial Instruments (Details)	3 Months Ended
	Mar. 31, 2016
Fair Value of Financial Instruments [Abstract]
Liability for Future Policy Benefits, Description	13,500

Fair Value of Financial Instr81

Fair Value of Financial Instruments Fair Value Inputs (Table) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2013
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Available-for-sale Securities	$ 88,315	$ 83,118
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	62,012	55,559
Common Stock, Value, Outstanding	25,759
Equity investments, at fair value (cost of $26,185 and $26,428, respectively)	26,303	27,559
Other investments, at cost which approximates fair value	4,060	4,077
Short-term investments, at cost which approximates fair value	935	400
Total investments	113,550	107,736
Debt Instrument, Face Amount	241,544	241,022
Subordinated debt, at fair value	37,370	39,898
Contingent Consideration Classified as Equity, Fair Value Disclosure	1,982
Warrant [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Warrants Not Settleable in Cash, Fair Value Disclosure		229
Fair Value, Inputs, Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Financial Instruments, Owned, US Government and Agency Obligations, at Fair Value	0	0
Municipal Debt Securities, at Carrying Value	0	0
Mortgage-backed Securities Available-for-sale, Fair Value Disclosure	0	0
Financial Instruments, Owned, Mortgages, Mortgage-backed and Asset-backed Securities, at Fair Value	0	0
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	0	0
Warrants Not Settleable in Cash, Fair Value Disclosure	187
Financial Instruments, Owned, Corporate Debt, at Fair Value	0	0
Equity investments, at fair value (cost of $26,185 and $26,428, respectively)	25,946	26,815
Other investments, at cost which approximates fair value	0	0
Short-term investments, at cost which approximates fair value		0
Debt Instrument, Face Amount	25,946	26,815
Subordinated debt, at fair value	0	0
Long-term Debt	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Financial Instruments, Owned, US Government and Agency Obligations, at Fair Value	0	0
Municipal Debt Securities, at Carrying Value	0	0
Mortgage-backed Securities Available-for-sale, Fair Value Disclosure	0	0
Financial Instruments, Owned, Mortgages, Mortgage-backed and Asset-backed Securities, at Fair Value	0	0
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	0	0
Financial Instruments, Owned, Corporate Debt, at Fair Value	0	0
Other investments, at cost which approximates fair value	0	0
Short-term investments, at cost which approximates fair value		0
Debt Instrument, Face Amount	0	0
Subordinated debt, at fair value			$ 0
Long-term Debt	1,982	1,982
Contingent Consideration Classified as Equity, Fair Value Disclosure	1,982	1,982
Fair Value, Inputs, Level 2 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Warrants Not Settleable in Cash, Fair Value Disclosure	357
Equity investments, at fair value (cost of $26,185 and $26,428, respectively)	357	744
Debt Instrument, Face Amount	67,364	60,780
Long-term Debt	37,370	39,898
Common Stock [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Equity investments, at fair value (cost of $26,185 and $26,428, respectively)		26,586
Asset-backed Securities, Securitized Loans and Receivables [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Available-for-sale Securities	6,596	6,023
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	6,596	6,023
US States and Political Subdivisions Debt Securities [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Available-for-sale Securities	2,365	2,256
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	2,365	2,256
US Government Agencies Debt Securities [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Available-for-sale Securities	24,972	20,453
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	24,972	20,453
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Available-for-sale Securities	8,482	7,963
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	8,482	7,963
Corporate Debt Securities [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Available-for-sale Securities	19,597	18,864
Fixed maturities, at fair value (amortized cost of $61,589 and $55,606, respectively)	19,597	18,864
Equity Securities [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Equity investments, at fair value (cost of $26,185 and $26,428, respectively)	26,303	27,559
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Common Stock, Value, Outstanding	25,759
Long-term Debt [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Long-term Debt	39,352	41,880
Common Stock [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Equity investments, at fair value (cost of $26,185 and $26,428, respectively)		26,586
Other Long-term Investments [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total investments	93,310	87,595
Equity Securities, Investment Summary [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Warrants Not Settleable in Cash, Fair Value Disclosure	$ 544	$ 973

Fair Value of Financial Instr82

Fair Value of Financial Instruments Contingent Consideration (Tables) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Site Contingency [Line Items]
Contingent consideration expense	$ 0	$ 144
Contingent consideration expense	0	144
Contingent Consideration Classified as Equity, Fair Value Disclosure	1,982
Fair Value, Inputs, Level 3 [Member]
Site Contingency [Line Items]
Business Combination, Contingent Consideration, Liability		$ 3,265	$ 1,982	$ 3,121
Contingent Consideration Classified as Equity, Fair Value Disclosure	$ 1,982		$ 1,982

Commitment and Contingencies (D

Commitment and Contingencies (Details) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Commitments and Contingencies [Abstract]
Long-term Purchase Commitment, Amount	$ 4.5
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments	$ 2.3

Subsequent Event (Details)

Subsequent Event (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Apr. 21, 2016
Subsequent Event [Line Items]
Granted		0
Subsequent Event [Member]
Subsequent Event [Line Items]
Common Stock, Shares, Issued			160,000,000
Stock Issued During Period, Shares, Restricted Stock Award, Gross	500,000,000
Proceeds from Securities Purchased under Agreements to Resell	$ 1
Common Stock, Par or Stated Value Per Share	$ 6
Granted	40,000,000