Atlas Financial (AFHIF) 10-Q 9 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 06, 2016
Document and Entity Information [Line Items]
Entity registrant name	Atlas Financial Holdings, Inc.
Entity central index key	1,539,894
Current fiscal year end date	--12-31
Entity filer category	Accelerated Filer
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
Ordinary Shares
Document and Entity Information [Line Items]
Common stock, shares outstanding (in shares)		11,890,432
Restricted Voting Common Stock
Document and Entity Information [Line Items]
Common stock, shares outstanding (in shares)		132,863

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Position - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investments, available for sale
Fixed income securities, at fair value (amortized cost $188,619 and $185,455)	$ 189,782	$ 183,773
Equity securities, at fair value (cost $6,147 and $4,147)	6,261	4,240
Other investments	25,064	22,937
Total Investments	221,107	210,950
Cash and cash equivalents	17,299	22,354
Accrued investment income	929	1,036
Premiums receivable (net of allowance of $845 and $846)	87,005	82,529
Reinsurance recoverables on amounts paid	4,357	3,277
Reinsurance recoverables on amounts unpaid	28,272	29,399
Prepaid reinsurance premiums	19,718	17,412
Deferred policy acquisition costs	11,317	10,235
Deferred tax asset, net	15,383	17,166
Goodwill	2,726	2,726
Intangible assets, net	4,828	4,925
Internal use software and office equipment	2,438	2,589
Other assets	7,912	6,660
Assets held for sale	34	34
Total Assets	423,325	411,292
Liabilities
Claims liabilities	121,379	127,011
Unearned premiums	118,825	108,202
Due to reinsurers and other insurers	12,995	10,781
Note payable	17,636	17,219
Other liabilities and accrued expenses	16,149	18,457
Total Liabilities	$ 286,984	$ 281,670
Commitments and Contingencies
Shareholders’ Equity
Preferred shares, $0.001 par value, 100,000,000 shares authorized, shares issued and outstanding: March 31, 2016 - 6,538,560 and December 31, 2015 - 6,940,500. Liquidation value $1.00 per share	$ 6,539	$ 6,941
Ordinary voting common shares, $0.003 par value, 266,666,667 shares authorized, shares issued and outstanding: March 31, 2016 - 11,890,432 and December 31, 2015 - 11,883,025	36	36
Restricted voting common shares, $0.003 par value, 33,333,334 shares authorized, shares issued and outstanding: March 31, 2016 and December 31, 2015 - 132,863	0	0
Additional paid-in capital	198,489	198,041
Retained deficit	(69,553)	(74,364)
Accumulated other comprehensive income (loss), net of tax	830	(1,032)
Total Shareholders' Equity	136,341	129,622
Total Liabilities and Shareholders’ Equity	$ 423,325	$ 411,292

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Financial Position (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Statement [Line Items]
Fixed income securities at fair value, amortized cost	$ 188,619	$ 185,455
Equity securities, at fair value, cost	6,147	4,147
Accounts receivable and other assets, allowance	$ 845	$ 846
Shareholders’ Equity
Preferred stock, par value (USD per Share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares issued (in shares)	6,538,560	6,940,500
Preferred stock, shares outstanding (in shares)	6,538,560	6,940,500
Preferred stock, liquidation preference per share (USD per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	300,000,001
Common stock, shares outstanding (in shares)	12,023,295	12,015,888
Ordinary Shares
Shareholders’ Equity
Common stock, par value (USD per share)	$ 0.003	$ 0.003
Common stock, shares authorized (in shares)	266,666,667	266,666,667
Common stock, shares issued (in shares)	11,890,432	11,883,025
Common stock, shares outstanding (in shares)	11,890,432	11,883,025
Restricted Voting Common Stock
Shareholders’ Equity
Common stock, par value (USD per share)	$ 0.003	$ 0.003
Common stock, shares authorized (in shares)	33,333,334	33,333,334
Common stock, shares issued (in shares)	132,863	132,863
Common stock, shares outstanding (in shares)	132,863	132,863

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Income Statement [Abstract]
Net premiums earned		$ 41,753,000	$ 30,167,000
Net investment income		653,000	520,000
Net realized investment gains		239,000	137,000
Other income		102,000	32,000
Total revenue		42,747,000	30,856,000
Net claims incurred		24,940,000	16,932,000
Acquisition costs		4,053,000	3,918,000
Other underwriting expenses1	[1]	6,571,000	4,545,000
Amortization of intangible assets		97,000	0
Interest expense		233,000	9,000
Expenses (recovered) incurred pursuant to Gateway stock purchase agreement		(402,000)	942,000
Expenses incurred related to acquisition of subsidiaries		0	750,000
Total expenses		35,492,000	27,096,000
Income from operations before income tax expense		7,255,000	3,760,000
Income tax expense		2,444,000	1,623,000
Net income		4,811,000	2,137,000
Less: Preferred share dividends		83,000	35,000
Net income attributable to common shareholders		$ 4,728,000	$ 2,102,000
Basic weighted average common shares outstanding (in shares)		12,045,519	11,850,848
Earnings per common share basic (in dollars per share)		$ 0.39	$ 0.18
Diluted weighted average common shares outstanding (in shares)		12,750,457	12,624,789
Earnings per common share diluted (in dollars per share)		$ 0.38	$ 0.17
Condensed Consolidated Statements of Comprehensive Income
Net income		$ 4,811,000	$ 2,137,000
Other comprehensive income (loss):
Changes in net unrealized investment gains		2,905,000	1,590,000
Reclassification to income of net realized investment (losses) gains		(40,000)	6,000
Effect of income tax		(1,003,000)	(543,000)
Other comprehensive income		1,862,000	1,053,000
Total comprehensive income		$ 6,673,000	$ 3,190,000
[1]	Includes share based compensation expense and other insurance general and administrative expenses

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Preferred Shares	Ordinary Voting Common Shares	Restricted Voting Common Shares	Additional Paid-in Capital	Retained Deficit	Accumulated Other Comprehensive Income/(Loss)
Beginning Balance at Dec. 31, 2014	$ 109,399	$ 2,000	$ 34	$ 0	$ 196,079	$ (88,794)	$ 80
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,137					2,137
Issuance of preferred shares	4,941	4,941
Other comprehensive income	1,053						1,053
Share-based compensation	433		2		431
Ending Balance at Mar. 31, 2015	117,963	6,941	36	0	196,510	(86,657)	1,133
Beginning Balance at Dec. 31, 2015	129,622	6,941	36	0	198,041	(74,364)	(1,032)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	4,811					4,811
Retirement of preferred shares	(402)	(402)
Other comprehensive income	1,862						1,862
Share-based compensation	448		0		448
Ending Balance at Mar. 31, 2016	$ 136,341	$ 6,539	$ 36	$ 0	$ 198,489	$ (69,553)	$ 830

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating activities:
Net income	$ 4,811,000	$ 2,137,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization of fixed assets	262,000	200,000
Share-based compensation expense	448,000	433,000
Amortization of deferred gain on sale of headquarters building	(11,000)	(11,000)
Amortization of intangible assets	97,000	0
Deferred income taxes	780,000	(11,000)
Net realized gains	(239,000)	(137,000)
Loss (gain) in equity of investees	143,000	(28,000)
Amortization of bond premiums and discounts	342,000	291,000
Expenses (recovered) incurred pursuant to Gateway stock purchase agreement	(402,000)	941,000
Net changes in operating assets and liabilities (net of acquisition):
Premiums receivable and other assets, net	(5,712,000)	(12,110,000)
Due from reinsurers and other insurers	(2,257,000)	676,000
Deferred policy acquisition costs	(1,082,000)	(1,206,000)
Accrued investment income	108,000	(1,000)
Claims liabilities	(5,633,000)	(2,722,000)
Unearned premiums	10,623,000	10,791,000
Due to reinsurers and other insurers	2,214,000	110,000
Accounts payable and accrued liabilities	(2,298,000)	(296,000)
Net cash flows provided by (used in) operating activities	2,194,000	(943,000)
Investing activities:
Purchase of subsidiary (net of cash acquired)	0	(10,956,000)
Purchases of:
Fixed income securities	(31,270,000)	(7,421,000)
Equity securities	(2,000,000)	(750,000)
Other investments	(2,271,000)	(686,000)
Property, equipment and other	(111,000)	(41,000)
Proceeds from sale and maturity of:
Fixed income securities	28,003,000	6,360,000
Net cash flows used in investing activities	(7,649,000)	(13,494,000)
Financing activities:
Proceeds from notes payable	500,000	2,000,000
Repayment of note	(100,000)	0
Net cash flows provided by financing activities	400,000	2,000,000
Net change in cash and cash equivalents	(5,055,000)	(12,437,000)
Cash and cash equivalents, beginning of period	22,354,000	36,586,000
Cash and cash equivalents, end of period	17,299,000	24,149,000
Supplemental disclosure of cash information:
Cash paid for income taxes	2,245,000	10,000
Cash paid for interest expense	215,000	0
Anchor Holdings Group, Inc. et. al.
Supplemental disclosure of noncash investing and financing activities:
Stock issued, value	0	4,000,000
Gateway Insurance Company
Supplemental disclosure of noncash investing and financing activities:
Stock issued, value	0	941,000
Retirement of preferred shares related to Gateway stock purchase agreement	$ (402,000)	$ 0

Nature of Operations and Basis

Nature of Operations and Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Basis of Presentation	NATURE OF OPERATIONS AND BASIS OF PRESENTATION Atlas Financial Holdings, Inc. ("Atlas" or "We" or the "Company") commenced operations on December 31, 2010. The primary business of Atlas is underwriting commercial automobile insurance in the United States, with a niche market orientation and focus on insurance for the “light” commercial automobile sector. This sector includes taxi cabs, non-emergency para-transit, limousine, livery and business autos. Automobile insurance products provide insurance coverage in three major areas: liability, accident benefits and physical damage. Liability insurance provides coverage, subject to policy terms and conditions where the insured is determined to be responsible and/or liable for an automobile accident, for the payment for injuries and property damage to third parties. Accident benefit policies or personal injury protection policies provide coverage for loss of income, medical and rehabilitation expenses for insured persons who are injured in an automobile accident, regardless of fault. Physical damage coverage subject to policy terms and conditions provides for the payment of damages to an insured automobile arising from a collision with another object or from other risks such as fire or theft. In the short run, automobile physical damage and liability coverage generally provides more predictable results than automobile accident benefit or personal injury insurance. Atlas' business is carried out through its "Insurance Subsidiaries": American Country Insurance Company (“American Country”), American Service Insurance Company, Inc. (“American Service”), Gateway Insurance Company ("Gateway"), and as of March 11, 2015, Global Liberty Insurance Company of New York ("Global Liberty"); and other non-insurance company subsidiaries: Anchor Group Management, Inc. ("Anchor Management"), Plainview Premium Finance Company, Inc. ("Plainview Delaware") and Plainview Delaware’s wholly-owned subsidiary, Plainview Premium Finance Company of California, Inc. ("Plainview California" and together with Plainview Delaware, "Plainview"). The Insurance Subsidiaries distribute their insurance products through a network of retail independent agents. Together, the Insurance Subsidiaries are licensed to write property and casualty insurance in 49 states and the District of Columbia in the United States. Atlas' core products are actively distributed in 41 of those states plus the District of Columbia. The Insurance Subsidiaries share common management and operating infrastructure. Atlas' ordinary voting common shares are listed on the NASDAQ stock exchange under the symbol "AFH." Basis of presentation - These statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The consolidated financial statements include the accounts of Atlas and the entities it controls. Equity investments in entities that we do not consolidate, including corporate entities in which we have significant influence and partnership and partnership-like entities in which we have more than minor influence over operating and financial policies, are accounted for under the equity method unless we have elected the fair value option. All significant intercompany accounts and transactions have been eliminated. It is the opinion of management that these financial statements reflect all adjustments necessary for a fair statement of the interim results. The results for the three month period ended March 31, 2016 are not necessarily indicative of the results expected for the full calendar year. The accompanying unaudited condensed consolidated financial statements, in accordance with Securities and Exchange Commission (“SEC”) rules for interim periods, do not include all of the information and notes required by accounting principles generally accepted in the United States of America for complete financial statements and should be read in conjunction with the Atlas' Annual Report on Form 10-K for the year ended December 31, 2015 , which provides a more complete understanding of the Company’s accounting policies, financial position, operating results, business properties, and other matters. Atlas has consistently applied the same accounting policies throughout all periods presented. Estimates and assumptions - The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and changes in estimates are recorded in the accounting period in which they are determined. The liability for unpaid loss and loss adjustment expenses and related amounts recoverable from reinsurers represents the most significant estimate in the accompanying financial statements. Significant estimates in the accompanying financial statements also include the fair values of investments, deferred tax asset valuation, premium receivable bad debt allowance and deferred policy acquisition cost recoverability. Seasonality - The property and casualty ("P&C") insurance business is seasonal in nature. While Atlas' net premiums earned are generally stable from quarter to quarter, Atlas' gross premiums written follow the common renewal dates for the "light" commercial risks that represent its core lines of business. For example, January 1 and March 1 are common taxi cab renewal dates in Illinois and New York, respectively. Additionally, our New York “excess taxi program” has an annual renewal date in the third quarter. Net underwriting income is driven mainly by the timing and nature of claims, which can vary widely. Segmentation - The Company has one reportable business segment. Resources are allocated and management assesses financial performance based on this reportable segment.

New Accounting Standards

New Accounting Standards	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
New Accounting Standards	NEW ACCOUNTING STANDARDS With the exception of the accounting and disclosure pronouncements discussed below, there have been no recent pronouncements or changes in pronouncements during the three month period ended March 31, 2016 , as compared to those described in our Annual Report on Form 10K for the twelve months ended December 31, 2015 , that are of significance or potential significance to Atlas. Pertinent Accounting Standard Updates ("ASU's") are issued from time to time by the Financial Accounting Standards Board ("FASB") are adopted by the Company as they become effective. All recently issued accounting pronouncements with effective dates prior to April 1, 2016 have been adopted by the company. In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606) , which is associated with the updates in ASU 2014-09 and ASU 2015-14. The provisions of this update enhance the guidance on identifying performance obligations and licensing implementation. The effective date of this ASU follows the guidance in ASU 2015-14 discussed below. Along with ASU 2014-09, the Company plans to adopt these standards on the required effective date and is currently evaluating the guidance to determine the potential impact, if any, of its adoption on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718) . The provisions of this update simplify certain areas around share-based compensation transactions including income taxes and cash flow classifications. Each amendment within this update has specific guidance on the method of application, which includes prospective, retrospective, and modified retrospective applications. For public entities, this guidance is effective for years beginning after December 15, 2016, including interim periods within those years. Early adoption is permitted. The Company plans on adopting the update on the required effective date and is currently evaluating the potential impact of its adoption on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The provisions of this update impact the classification criteria, disclosure requirements, and other specific transactions in lease accounting. The update requires the use of a modified retrospective approach, which requires leases to be measured at the beginning of the earliest period presented. For public entities, this guidance is effective for years beginning after December 15, 2018, including interim periods within those years. Early adoption is permitted. The Company plans on adopting the update on the required effective date. The Company is currently evaluating the potential impact of its adoption 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. One provision of this update requires that equity investments, except those accounted for under the equity method, to be measured at fair value and changes in fair value recognized in net income. The provisions of this update are recognized as a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. For public entities, this guidance is effective for years beginning after December 15, 2017, including interim periods within those years. Early adoption is not permitted, except for certain provisions. The Company plans on adopting the update on the required effective date. The Company is currently evaluating the potential impact of its adoption on its consolidated financial statements. In May 2015, the FASB issued ASU 2015-09, Financial Services - Insurance (Topic 944): Disclosures about Short-Duration Contracts . The new disclosures, which are required for annual periods beginning after December 31, 2015 and for interim periods beginning after December 31, 2016, are intended to provide additional information about insurance liabilities including the nature, amount, timing, and uncertainty of future cash flows related to those liabilities. Early adoption is permitted. Except for the retrospective application of additional disclosure requirements, the new guidance will not impact the Company's consolidated financial statements. The Company plans on adopting the update on the required effective date. In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Topic 835-30): Simplifying the Presentation of Debt Issuance Costs . The new disclosures require debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The amendments in this disclosure are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company adopted this new disclosure in the first quarter of 2016 . See Note 19 regarding this change in accounting principle. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) . This update is a comprehensive revenue recognition standard that applies to all entities that have contracts with customers, except for those that fall within the scope of other standards, such as insurance contracts. Updates may be applied retrospectively to each period presented or retrospectively with the cumulative effect recognized at the date of initial application. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date , which deferred the effective date of ASU 2014-09 by one year. The update is now effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted, but only for interim and annual periods beginning after December 15, 2016. The Company plans to adopt the update on the required effective date and is currently evaluating the guidance to determine the potential impact, if any, of its adoption on its consolidated financial statements. All other recently issued pronouncements with effective dates after March 31, 2016 are not expected to have a material impact on the Consolidated Financial Statements.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2016
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS Acquisition of Anchor Holdings Group, Inc. et. al. On March 11, 2015, Atlas acquired Anchor Holdings Group, Inc., a privately owned insurance holding company, and its wholly owned subsidiary, Global Liberty, along with its affiliated entities, Anchor Management, and Plainview (collectively, "Anchor"), from an unaffiliated third party. Anchor provides specialized commercial insurance products, including commercial automobile insurance to niche markets such as taxi, black car and sedan service owners and operators primarily in the New York market. Atlas' acquisition of Anchor expanded our distribution channel for core commercial automobile lines and provided incremental licensure as well as important infrastructure in the large New York market. Global Liberty also wrote homeowners insurance in the northeast, which was non-renewed prior to the transaction. Under the terms of the stock purchase agreement, the purchase price was based on the combined U.S. GAAP book value of Anchor at December 31, 2014. Additional consideration, principally in the form of preferred shares, may be paid to the seller, or returned to us by the seller, depending upon the future development of Global Liberty’s actual loss reserves for certain lines of business over time. The total purchase price for the combined entities of Anchor was $23.2 million , consisting of a combination of cash and Atlas preferred shares, and was estimated at approximately 1.3 times combined U.S. GAAP book value. Consideration consisted of approximately $19.2 million in cash and $4.0 million of Atlas preferred shares (consisting of a total of 4,000,000 preferred shares at $1.00 per preferred share), subject to future price adjustments, as noted above. We have contractual protections to offset up to $4.0 million of future adverse reserve development during the five year period after the acquisition. The Anchor acquisition was accounted for using the acquisition method. Atlas began consolidating Anchor on March 11, 2015, therefore their financial results are included in Atlas' consolidated financial results starting with the three month period ended March 31, 2015 . However, the following unaudited pro forma summary presents Atlas' consolidated financial information for the three month period ended March 31, 2015 as if Anchor had been acquired on January 1, 2015. These amounts have been calculated after applying the Company's accounting policies had the acquisition been completed on January 1, 2015. These results were prepared for comparative purposes only and do not purport to be indicative of the results of operations that may have actually resulted had the acquisition occurred on the indicated dates, nor are they indicative of potential future operating results of the Company. (in '000s, except per share information) Three Month Period Ended March 31, 2015 Revenue $ 36,316 Income from operations before income tax expense 1 $ 5,066 Net income 1 $ 2,976 Earnings per common share basic 1 $ 0.25 Earnings per common share diluted 1 $ 0.23 1 - Excludes expenses incurred in connection with the Anchor acquisition From the date of acquisition through March 31, 2015 , Anchor earned revenue of $1.9 million and net income of $40,000 . The value of certain assets and liabilities acquired are subject to adjustment as additional information is obtained, including, but not limited to, valuation of separately identifiable intangibles, the preferred stock issued to the seller, and deferred taxes. The valuations were finalized during the year ended December 31, 2015 (not including loss reserve development consideration). The changes upon finalization to the preliminary valuation of assets and liabilities resulted in an adjustment to identifiable intangible assets, goodwill, deferred tax, and other liabilities. The following table presents the adjusted values of assets acquired and liabilities assumed for the Anchor acquisition based on its estimated fair value on March 11, 2015. (in $ '000s) Purchase Consideration Cash $ 19,199 Preferred stock 4,000 Total $ 23,199 Allocation of Purchase Price Cash and investments $ 48,508 Other current assets 33,303 Property and equipment 22 Goodwill 2,726 Intangible assets 4,500 Total Assets $ 89,059 Claims liabilities $ 30,731 Unearned premiums 22,976 Accounts payable and other liabilities 11,231 Deferred tax liabilities, net 922 Total Liabilities $ 65,860 Net assets acquired $ 23,199 The acquisition of Anchor resulted in the recognition of intangible assets and goodwill valued at $4.5 million and $2.7 million , respectively. The Company recorded an adjustment to the purchase price allocation and amortization related to the identified intangible assets during the fourth quarter of 2015. Atlas recognized amortization expense of $97 ,000 during the three month period ended March 31, 2016 related to intangible assets acquired in the Anchor transaction. Atlas recognized no amortization expense for the three month period ended March 31, 2015. Atlas incurred no transaction expenses related to the Anchor acquisition for the three month period ended March 31, 2016 and $750,000 in expenses for the three month period ended March 31, 2015. Intangible Assets The following table presents a summary of intangible assets by major asset class at March 31, 2016 and December 31, 2015 : (in $ '000s) At March 31, 2016 Economic Useful Life Gross Carrying Amount Accumulated Amortization Net Trade name and trademark 15 years $ 1,800 $ 127 $ 1,673 Customer relationship 10 years 2,700 285 2,415 State insurance licenses Indefinite 740 — 740 $ 5,240 $ 412 $ 4,828 At December 31, 2015 Economic Useful Life Gross Carrying Amount Accumulated Amortization Net Trade name and trademark 15 years $ 1,800 $ 97 $ 1,703 Customer relationship 10 years 2,700 218 2,482 State insurance licenses Indefinite 740 — 740 $ 5,240 $ 315 $ 4,925

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE Earnings per ordinary voting common shares, restricted voting common shares and participative restricted stock units ("RSUs") (collectively, the "common shares") for the three month periods ended March 31, 2016 and March 31, 2015 are as follows: Three Month Periods Ended (in '000s except for share and per share amounts) March 31, 2016 March 31, 2015 Basic: Income from operations before income tax expense $ 7,255 $ 3,760 Income tax expense 2,444 1,623 Net income $ 4,811 $ 2,137 Less: Preferred share dividends 83 35 Net income attributable to common shareholders $ 4,728 $ 2,102 Basic weighted average common shares outstanding 12,045,519 11,850,848 Earnings per common share basic $ 0.39 $ 0.18 Diluted: Basic weighted average common shares outstanding 12,045,519 11,850,848 Add: Dilutive stock options outstanding 182,541 200,497 Dilutive shares upon preferred share conversion 522,397 573,444 Diluted weighted average common shares outstanding 12,750,457 12,624,789 Earnings per common share diluted $ 0.38 $ 0.17 Earnings per common share diluted is computed by dividing net income by the weighted average number of common shares outstanding for each period plus the incremental number of shares added as a result of converting dilutive potential ordinary voting common shares, calculated using the treasury stock method (or, in the case of the convertible preferred shares, using the "if-converted" method). Atlas’ dilutive potential ordinary voting common shares consist of stock options to purchase ordinary voting common shares and preferred shares potentially convertible to ordinary voting common shares at the option of the holders at any date after December 31, 2018 ( 2,538,560 preferred shares at the rate of 0.1270 ordinary voting common shares for each preferred share) and after March 11, 2020 ( 4,000,000 preferred shares at the rate of 0.05 ordinary voting common shares for each preferred share). The effects of these convertible instruments are excluded from the computation of earnings per common share diluted in periods in which the effect would be anti-dilutive. Convertible preferred shares are anti-dilutive when the amount of dividend declared or accumulated in the current period per common share obtainable upon conversion exceeds earnings per common share basic. In the three month periods ended March 31, 2016 and 2015 , stock options and all of the convertible preferred shares were deemed to be dilutive.

Investments

Investments	3 Months Ended
	Mar. 31, 2016
Investments [Abstract]
Investments	INVESTMENTS The amortized cost, gross unrealized gains and losses and fair value for Atlas’ investments in fixed income securities and equities are as follows (all amounts in '000s): As of March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 25,933 $ 253 $ (1 ) $ 26,185 States, municipalities and political subdivisions 13,869 315 — 14,184 Corporate Banking/financial services 22,469 338 (66 ) 22,741 Consumer goods 8,064 136 (54 ) 8,146 Capital goods 14,364 308 (318 ) 14,354 Energy 4,325 7 (300 ) 4,032 Telecommunications/utilities 10,523 118 (225 ) 10,416 Health care 3,664 54 — 3,718 Total Corporate 63,409 961 (963 ) 63,407 Mortgage backed - agency 41,627 512 (68 ) 42,071 Mortgage backed - commercial 20,034 218 (125 ) 20,127 Total Mortgage Backed 61,661 730 (193 ) 62,198 Other asset backed 23,747 99 (38 ) 23,808 Total Fixed Income Securities 188,619 2,358 (1,195 ) 189,782 Equities 6,147 129 (15 ) 6,261 Totals $ 194,766 $ 2,487 $ (1,210 ) $ 196,043 As of December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 23,555 $ 12 $ (84 ) $ 23,483 States, municipalities and political subdivisions 21,974 232 (52 ) 22,154 Corporate Banking/financial services 21,963 117 (166 ) 21,914 Consumer goods 7,813 43 (121 ) 7,735 Capital goods 15,524 127 (556 ) 15,095 Energy 4,807 — (401 ) 4,406 Telecommunications/utilities 12,298 27 (450 ) 11,875 Health care 3,038 — (17 ) 3,021 Total Corporate 65,443 314 (1,711 ) 64,046 Mortgage backed - agency 34,874 112 (313 ) 34,673 Mortgage backed - commercial 19,961 158 (244 ) 19,875 Total Mortgage Backed 54,835 270 (557 ) 54,548 Other asset backed 19,648 14 (120 ) 19,542 Total Fixed Income Securities 185,455 842 (2,524 ) 183,773 Equities 4,147 139 (46 ) 4,240 Totals $ 189,602 $ 981 $ (2,570 ) $ 188,013 The following tables summarize the amortized cost and fair value of fixed income securities by contractual maturity (all amounts in '000s). As certain securities and debentures have the right to call or prepay obligations, the actual settlement dates may differ from contractual maturity. One year or less One to five years Five to ten years More than ten years Total contractual maturity Total mortgage and asset backed As of March 31, 2016 Total Amortized Cost $ 10,836 $ 54,773 $ 29,304 $ 8,298 $ 103,211 $ 85,408 $ 188,619 Fair Value 10,871 54,815 29,927 8,163 103,776 86,006 189,782 One year or less One to five years Five to ten years More than ten years Total contractual maturity Total mortgage and asset backed As of December 31, 2015 Total Amortized Cost $ 11,494 $ 55,371 $ 35,462 $ 8,645 $ 110,972 $ 74,483 $ 185,455 Fair Value 11,518 54,752 35,148 8,265 109,683 74,090 183,773 Management performs a quarterly analysis of Atlas’ investment holdings to determine if declines in fair value are other than temporary (equities may require more timely review in some cases). The analysis includes some or all of the following procedures as deemed appropriate by management: ◦ identifying all security holdings in unrealized loss positions that have existed for at least six months or other circumstances that management believes may impact the recoverability of the security; ◦ obtaining a valuation analysis from third party investment managers regarding these holdings based on their knowledge, experience and other market-based valuation techniques; ◦ reviewing the trading range of certain securities over the preceding calendar period; ◦ assessing whether declines in market value are other than temporary for debt security holdings based on credit ratings from third party security rating agencies; and ◦ determining the necessary provision for declines in market value that are considered other than temporary based on the analyses performed. The risks and uncertainties inherent in the assessment methodology utilized to determine declines in market value that are other than temporary include, but may not be limited to, the following: ◦ the opinion of professional investment managers could prove to be incorrect; ◦ the past trading patterns of individual securities may not reflect future valuation trends; ◦ the credit ratings assigned by independent credit rating agencies may prove to be incorrect due to unforeseen or unknown facts related to a company’s financial situation; and ◦ the debt service pattern of non-investment grade securities may not reflect future debt service capabilities and may not reflect a company’s unknown underlying financial problems. There were no other than temporary impairments recorded for the three month periods ended March 31, 2016 and March 31, 2015 as a result of the above analysis performed by management. The aging of unrealized losses on the Company's investments in fixed income securities and equities is presented as follows (all amounts in '000s): Less Than 12 Months More Than 12 Months Total As of March 31, 2016 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 227 $ (1 ) $ — $ — $ 227 $ (1 ) States, municipalities and political subdivisions — — — — — — Corporate Banking/financial services 4,824 (60 ) 256 (6 ) 5,080 (66 ) Consumer goods 1,677 (54 ) — — 1,677 (54 ) Capital goods 2,383 (286 ) 221 (32 ) 2,604 (318 ) Energy 2,449 (164 ) 366 (136 ) 2,815 (300 ) Telecommunications/utilities 3,884 (218 ) 281 (7 ) 4,165 (225 ) Health care — — — — — — Total Corporate 15,217 (782 ) 1,124 (181 ) 16,341 (963 ) Mortgage backed - agency 5,802 (61 ) 1,961 (7 ) 7,763 (68 ) Mortgage backed - commercial 10,515 (123 ) 511 (2 ) 11,026 (125 ) Total Mortgage Backed 16,317 (184 ) 2,472 (9 ) 18,789 (193 ) Other asset backed 7,714 (38 ) 254 — 7,968 (38 ) Total Fixed Income Securities 39,475 (1,005 ) 3,850 (190 ) 43,325 (1,195 ) Equities 985 (15 ) — — 985 (15 ) Totals $ 40,460 $ (1,020 ) $ 3,850 $ (190 ) $ 44,310 $ (1,210 ) Less Than 12 Months More Than 12 Months Total As of December 31, 2015 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 9,712 $ (49 ) $ 3,256 $ (35 ) $ 12,968 $ (84 ) States, municipalities and political subdivisions 5,870 (46 ) 553 (6 ) 6,423 (52 ) Corporate Banking/financial services 12,216 (161 ) 595 (5 ) 12,811 (166 ) Consumer goods 6,044 (121 ) — — 6,044 (121 ) Capital goods 9,425 (428 ) 755 (128 ) 10,180 (556 ) Energy 3,862 (337 ) 544 (64 ) 4,406 (401 ) Telecommunications/utilities 8,811 (450 ) — — 8,811 (450 ) Health care 3,021 (17 ) — — 3,021 (17 ) Total Corporate 43,379 (1,514 ) 1,894 (197 ) 45,273 (1,711 ) Mortgage backed - agency 25,168 (255 ) 1,921 (58 ) 27,089 (313 ) Mortgage backed - commercial 10,022 (129 ) 3,445 (115 ) 13,467 (244 ) Total Mortgage Backed 35,190 (384 ) 5,366 (173 ) 40,556 (557 ) Other asset backed 16,203 (113 ) 1,084 (7 ) 17,287 (120 ) Total Fixed Income Securities 110,354 (2,106 ) 12,153 (418 ) 122,507 (2,524 ) Equities 1,062 (46 ) — — 1,062 (46 ) Totals $ 111,416 $ (2,152 ) $ 12,153 $ (418 ) $ 123,569 $ (2,570 ) As of March 31, 2016 , we held 165 and 1 individual fixed income and equity securities, respectively, that were in an unrealized loss position, of which 16 individual fixed income securities were in a continuous loss position for longer than 12 months. As of December 31, 2015 , we held 435 and 1 individual fixed income and equity securities, respectively, that were in an unrealized loss position, of which 35 individual fixed income securities were in a continuous loss position for longer than 12 months. We did not recognize the unrealized losses in earnings on these fixed income securities for the three month period ended March 31, 2016 or for the year ended December 31, 2015 , because we neither intend to sell the securities nor do we believe that it is more likely than not that we will be required to sell these securities before recovery of their amortized costs. The following table summarizes the components of net investment income for the three month periods ended March 31, 2016 and 2015 (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Total investment income Interest income $ 982 $ 592 Dividends — 29 (Loss) income from other investments (103 ) 53 Investment expenses (226 ) (154 ) Net investment income $ 653 $ 520 The following table presents the gross realized gains and gross realized losses from sales of fixed income securities and equities for the three month periods ended March 31, 2016 and 2015 (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Fixed income securities: Gains on sales $ 315 $ 137 Losses on sales (76 ) — Equities: Gains on sales $ — $ — Losses on sales — — Total: Gains on sales $ 315 $ 137 Losses on sales (76 ) — The aggregate proceeds from sales of fixed income securities and equities included in the table above for the three month periods ended March 31, 2016 and 2015 are $21.5 million and $2.0 million , respectively. The following table summarizes the components of net investment realized gains for the three month periods ended March 31, 2016 and 2015 (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Fixed income securities $ 239 $ 137 Equities — — Other — — Net investment realized gains $ 239 $ 137 Other Investments: Atlas' other investments are comprised of collateral loans and various limited partnerships that invest in income-producing real estate, equities, or catastrophe bonds. Atlas' interests in these limited partnership investments are not deemed minor, and as a result, the Company uses the equity method of accounting. As of March 31, 2016 , the carrying values of these other investments were approximately $25.1 million versus approximately $22.9 million as of December 31, 2015 . The carrying value of these investments is Atlas' share of the net book value for each limited partnership, an amount that approximates fair value. Atlas receives payments on a routine basis that approximate the income earned on one of the limited partnerships that invest in income-producing real estate. Collateral pledged: As of March 31, 2016 and as of December 31, 2015 , bonds and term deposits with a fair value of $15.3 million and $15.8 million , respectively, were on deposit with state and provincial regulatory authorities. Also, from time to time, the Company pledges securities to and deposits cash with third parties to collateralize liabilities incurred under its policies of reinsurance assumed and other commitments made by the Company. As of March 31, 2016 and as of December 31, 2015 , the amount of such pledged securities was $3.6 million . Collateral pledging transactions are conducted under terms that are common and customary to standard collateral pledging and are subject to the Company’s standard risk management controls. These assets and investment income related thereto remain the property of the Company while pledged. Neither the state, provincial regulatory authorities nor any other third party has the right to re-pledge or sell said securities held on deposit.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Financial and Credit Risk Management [Abstract]
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS U.S. GAAP requires certain assets and liabilities to be reported at fair value in the financial statements and provides a framework for establishing that fair value. Level 1 inputs are given the highest priority in the hierarchy while Level 3 inputs are given the lowest priority. Assets and liabilities carried at fair value are classified in one of the following three categories based on the nature of the inputs to the valuation technique used: Level 1 - Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities in active markets as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 - Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3 - Unobservable inputs that are not corroborated by market data. These inputs reflect management's best estimate of fair value using its own assumptions about the assumptions a market participant would use in pricing the asset or liability. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Atlas' assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the placement of the asset or liability within the fair value hierarchy levels. The following is a summary of significant valuation techniques for assets measured at fair value on a recurring basis Level 1 Equities: Comprised of publicly-traded common stocks. Valuation is based on unadjusted quoted prices for identical assets in active markets that Atlas can access. Fixed Income: Comprised of certain U.S. Treasury fixed income securities. Valuation is based on unadjusted quoted prices for identical assets in active markets that Atlas can access. Level 2 States, Municipalities and Political Subdivisions: Comprised of U.S. States, Territories and Possessions, U.S. Political Subdivisions of States, Territories and Possessions, U.S. Special Revenue and Special Assessment Obligations. The primary inputs to the valuation include quoted prices for identical assets in inactive markets or similar assets in active or inactive markets, contractual cash flows, benchmark yields and credit spreads. Corporate Bonds: Comprised of investment-grade fixed income securities. The primary inputs to the valuation include quoted prices for identical assets in inactive markets or similar assets in active or inactive markets, contractual cash flows, benchmark yields and credit spreads. Mortgage-backed and Other asset-backed: Comprised of securities that are collateralized by mortgage obligations and other assets. The primary inputs to the valuation include quoted prices for identical assets in inactive markets or similar assets in active or inactive markets, contractual cash flows, benchmark yields, collateral performance and credit spreads. The following table summarizes Atlas' investments at fair value as of March 31, 2016 and as of December 31, 2015 (all amounts in '000s): As of March 31, 2016 Level 1 Level 2 Level 3 Total Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 26,185 $ — $ — $ 26,185 States, municipalities and political subdivisions — 14,184 — 14,184 Corporate Banking/financial services — 22,741 — 22,741 Consumer goods — 8,146 — 8,146 Capital goods — 14,354 — 14,354 Energy — 4,032 — 4,032 Telecommunications/utilities — 10,416 — 10,416 Health care — 3,718 — 3,718 Total Corporate — 63,407 — 63,407 Mortgage backed - agency — 42,071 — 42,071 Mortgage backed - commercial — 20,127 — 20,127 Total Mortgage Backed — 62,198 — 62,198 Other asset backed — 23,808 — 23,808 Total Fixed Income Securities 26,185 163,597 — 189,782 Equities 6,261 — — 6,261 Totals $ 32,446 $ 163,597 $ — $ 196,043 As of December 31, 2015 Level 1 Level 2 Level 3 Total Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 23,483 $ — $ — $ 23,483 States, municipalities and political subdivisions — 22,154 — 22,154 Corporate Banking/financial services — 21,914 — 21,914 Consumer goods — 7,735 — 7,735 Capital goods — 15,095 — 15,095 Energy — 4,406 — 4,406 Telecommunications/utilities — 11,875 — 11,875 Health care — 3,021 — 3,021 Total Corporate — 64,046 — 64,046 Mortgage backed - agency — 34,673 — 34,673 Mortgage backed - commercial — 19,875 — 19,875 Total Mortgage Backed — 54,548 — 54,548 Other asset backed — 19,542 — 19,542 Total Fixed Income Securities 23,483 160,290 — 183,773 Equities 4,240 — — 4,240 Totals $ 27,723 $ 160,290 $ — $ 188,013 Atlas primarily uses the services of external securities pricing vendors to obtain these values. Atlas then reviews these valuations to ensure that the values are accurately recorded and that the data inputs and valuation techniques utilized are appropriate, consistently applied, and that the assumptions are reasonable and consistent with the objective of determining fair value. Though Atlas believes the valuation methods used in determining fair value are appropriate, different methodologies or assumptions could result in a different fair value as of March 31, 2016 . Management does not believe that reasonable changes to the inputs to its valuation methodology would result in a significantly higher or lower fair value measurement. There were no transfers in or out of Level 2 or Level 3 during the three month periods ended March 31, 2016 and 2015 .

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Atlas' effective tax rate was 33.7% for the three month period ended March 31, 2016 and 43.1% for the three month period ended March 31, 2015 . The below table reconciles the U.S. statutory marginal income tax rate to the effective tax rate (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Amount % Amount % Provision for taxes at U.S. statutory marginal income tax rate $ 2,539 35.0 % $ 1,278 34.0 % Nondeductible expenses — — % 19 0.5 % Tax-exempt income (12 ) (0.2 )% — — % State tax (net of federal benefit) 58 0.8 % 15 0.4 % Nondeductible acquisition accounting adjustment (141 ) (1.9 )% 320 8.5 % Other — — % (9 ) (0.3 )% Provision for income taxes for continuing operations $ 2,444 33.7 % $ 1,623 43.1 % Income tax expense consists of the following for the three month periods ended March 31, 2016 and March 31, 2015 : Three Month Periods Ended March 31, 2016 March 31, 2015 Current tax expense $ 1,664 $ 1,634 Deferred tax expense (benefit) 780 (11 ) Total $ 2,444 $ 1,623 Upon the transaction forming Atlas on December 31, 2010, a yearly limitation as required by U.S. Internal Revenue Code of 1986 (as amended, "IRC") Section 382 that applies to changes in ownership on the future utilization of Atlas’ net operating loss carryforwards was calculated. The Insurance Subsidiaries’ prior parent retained those tax assets previously attributed to the Insurance Subsidiaries, which could not be utilized by Atlas as a result of this limitation. As a result, Atlas’ ability to recognize future tax benefits associated with a portion of its deferred tax assets generated during prior years has been permanently limited to the amount determined under IRC Section 382. The result is a maximum expected net deferred tax asset that Atlas has available after the merger, which is believed more likely than not to be utilized in the future, after consideration of the valuation allowance. On July 22, 2013, as a result of shareholder activity, a "triggering event" as determined under IRC Section 382 occurred. As a result, under IRC Section 382, the use of the Company's net operating loss and other carryforwards will be limited as a result of this "ownership change” for tax purposes, which is defined as a cumulative change of more than 50% during any three-year period by shareholders owning 5% or greater portions of the Company's shares. Due to this triggering event, the Company estimates that it will retain total tax effected federal net operating loss carryforwards of approximately $12.3 million as of March 31, 2016 . The components of net deferred income tax assets and liabilities as of March 31, 2016 and December 31, 2015 are as follows (all amounts in '000s): March 31, 2016 December 31, 2015 Gross deferred tax assets: Losses carried forward $ 12,281 $ 12,656 Unpaid claims and unearned premiums 8,620 8,122 Tax credits 662 662 Investments — 36 Commissions 1,220 1,306 Other 984 1,457 Total gross deferred tax assets 23,767 24,239 Gross deferred tax liabilities: Deferred policy acquisition costs 3,808 3,582 Investments 945 — Fixed assets 401 401 Intangible assets 1,431 1,465 Other 1,799 1,625 Total gross deferred tax liabilities 8,384 7,073 Net deferred tax assets $ 15,383 $ 17,166 Amounts and expiration dates of the operating loss carryforwards as of March 31, 2016 are as follows (all amounts in '000s): Year of Occurrence Year of Expiration Amount 2001 2021 $ 4,409 2002 2022 4,317 2006 2026 7,825 2007 2027 5,131 2008 2028 1,949 2009 2029 1,949 2010 2030 1,949 2011 2031 4,669 2012 2032 2,890 Total $ 35,088 Atlas has not established a valuation allowance for its gross future deferred tax assets as of March 31, 2016 or as of December 31, 2015 . Based on Atlas’ expectations of future taxable income, its ability to change its investment strategy, as well as reversing gross future tax liabilities, management believes it is more likely than not that Atlas will fully realize the net future tax assets. Atlas accounts for uncertain tax positions in accordance with the income taxes accounting guidance. Atlas has analyzed filing positions in the federal and state jurisdiction where it is required to file tax returns, as well as the open tax years in these jurisdictions. Atlas believes that its federal and state income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material change to its financial position. Therefore, no reserves for uncertain federal and state income tax positions have been recorded. Atlas would recognize interest and penalties related to unrecognized tax benefits as a component of the provision for federal income taxes. Atlas did not incur any federal income tax related interest income, interest expense or penalties for the three month periods ended March 31, 2016 and 2015 . Tax years 2012 through 2016 are subject to examination by the Internal Revenue Service ("IRS"). The IRS completed its audit of tax year 2012 during the three month period ended March 31, 2016 . No changes to tax year 2012 were made to our reported tax.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES On May 22, 2012, Atlas closed the sale and leaseback of its headquarters building to 150 Northwest Point, LLC, a Delaware limited liability company. Atlas recognized a gain on the sale of this property of $213,000 , which will be deferred and recognized over the five year lease term, which ends in May 2017. Atlas recognized $11,000 as an offset to rent expense for each of the three month periods ended March 31, 2016 and March 31, 2015 . Total rental expense recognized on the headquarters building was $183,000 for each of the three month periods ended March 31, 2016 and March 31, 2015 . As of March 31, 2016 , Atlas has the following future minimum rentals, related principally to office space, required under operating leases (all amounts in '000s): Year 2016 2017 2018 2019 2020 2021 & Beyond Total Amount $ 1,312 $ 1,269 $ 948 $ 952 $ 955 $ 1,058 $ 6,494 The Company has entered into subscription agreements to commit up to $7.1 million of capital to allow for participation by the Company in limited liability investments, which invest in income-producing real estate, small business loans and equity securities. As of March 31, 2016 , the unfunded commitment was $2.5 million . In the ordinary course of its business, Atlas is involved in legal proceedings, including lawsuits, regulatory examinations and inquiries. Based on currently available information, the Company does not believe that it is reasonably possible that any of its pending legal proceedings will have a material effect on the Company's Consolidated Financial Statements. Atlas is exposed to credit risk on balances receivable from policyholders, agents and reinsurers. Credit exposure to any one individual policyholder is not material. The Company's policies, however, are distributed by agents who may manage cash collection on its behalf pursuant to the terms of their agency agreement. Atlas has procedures to monitor and minimize its exposure to delinquent agent balances, including, but not limited to, reviewing account current statements, processing policy cancellations for non-payment and other collection efforts deemed appropriate. Atlas also has procedures to evaluate the financial condition of its reinsurers and monitors concentrations of credit risk arising from similar geographic regions, activities, or economic characteristics of the reinsurers to minimize its exposure to significant losses from reinsurers’ insolvency. Virtually all states require insurers licensed to do business therein to bear a portion of contingent and incurred claim handling expenses and the unfunded amount of “covered” claim and unearned premium obligations of impaired or insolvent insurance companies, either up to the policy's limit, the applicable guaranty fund covered claim obligation cap, or 100% of statutorily defined workers' compensation benefits, subject to applicable deductibles. These obligations are funded by assessments, made on a retrospective, prospective or pre-funded basis, which are levied by guaranty associations within the state, up to prescribed limits (typically 2% of “net direct written premium”), on all member insurers in the state on the basis of the proportionate share of the premiums written by member insurers in certain covered lines of business in which the impaired, insolvent or failed insurer was engaged. In addition, as a condition to the ability to conduct business in certain states (and within the jurisdiction of some local governments), insurance companies are subject to or required to participate in various premium or loss based insurance-related assessments, including mandatory (a/k/a “involuntary”) insurance pools, underwriting associations, workers' compensation second-injury funds, reinsurance funds and other state insurance facilities.

Internal Use Software and Offic

Internal Use Software and Office Equipment	3 Months Ended
	Mar. 31, 2016
Software and Office Equipment [Abstract]
Internal Use Software and Office Equipment	INTERNAL USE SOFTWARE AND OFFICE EQUIPMENT Atlas held the following internal use software and office equipment as of March 31, 2016 and as of December 31, 2015 (excluding assets held for sale) (all amounts in '000s): March 31, 2016 December 31, 2015 Leasehold improvements $ 519 $ 507 Internal use software 7,623 7,611 Computer equipment 2,311 2,225 Furniture and other office equipment 595 593 Total 11,048 10,936 Accumulated depreciation (8,610 ) (8,347 ) Balance, end of period $ 2,438 $ 2,589 Depreciation expense and amortization was $262 ,000 and $200 ,000 for the three month periods ended March 31, 2016 and March 31, 2015 , respectively. For the year ended December 31, 2015 , depreciation expense and amortization was $966 ,000. Effective July 1, 2015, the Company implemented a new policy management software and began amortizing the cost of the software. Total capitalized cost of the software was approximately $2.0 million . Amortization expense for the new software for the three month period ended March 31, 2016 was $98 ,000. Amortization expense for the year ended December 31, 2015 was $186 ,000.

Reinsurance Ceded

Reinsurance Ceded	3 Months Ended
	Mar. 31, 2016
Underwriting Policy and Reinsurance Ceded [Abstract]
Reinsurance Ceded	REINSURANCE CEDED As is customary in the insurance industry, Atlas reinsures portions of certain insurance policies it writes, thereby providing a greater diversification of risk and minimizing exposure on larger risks. Atlas remains contingently at risk with respect to any reinsurance ceded and would incur an additional loss if an assuming company were unable to meet its obligation under the reinsurance treaty. Atlas monitors the financial condition of its reinsurers to minimize its exposure to significant losses from reinsurer insolvencies. Letters of credit are maintained for any unauthorized reinsurer to cover ceded unearned premium, ceded loss reserve balances and ceded paid losses. These policies mitigate the risk of credit quality or dispute from becoming a danger to financial strength. To date, the Company has not experienced any material difficulties in collecting reinsurance recoverables. Gross premiums written and ceded premiums, losses and commissions as of and for the three month periods ended March 31, 2016 and 2015 are as follows (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Direct premiums written $ 61,068 $ 44,868 Assumed premiums written 2,957 105 Ceded premiums written (13,954 ) (4,394 ) Net premiums written $ 50,071 $ 40,579 Direct premiums earned $ 52,784 $ 34,053 Assumed premiums earned 618 129 Ceded premiums earned (11,649 ) (4,015 ) Net premiums earned $ 41,753 $ 30,167 Ceded losses and loss adjustment expenses $ 4,437 $ 898 Ceding commissions 1,933 1,170

Unpaid Claims

Unpaid Claims	3 Months Ended
	Mar. 31, 2016
Unpaid Claims [Abstract]
Unpaid Claims	UNPAID CLAIMS Claims liabilities - The changes in the provision for unpaid claims, net of amounts recoverable from reinsurers, for the three month periods ended March 31, 2016 and 2015 were as follows (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Unpaid claims, beginning of period $ 127,011 $ 102,430 Less: reinsurance recoverable 29,399 18,421 Net unpaid claims, beginning of period 97,612 84,009 Net reserves acquired — 19,396 Change in retroactive reinsurance ceded 3 (14 ) Incurred related to: Current year 24,637 18,561 Prior years 303 (1,629 ) 24,940 16,932 Paid related to: Current year 5,287 3,144 Prior years 24,161 15,895 29,448 19,039 Net unpaid claims, end of period 93,107 101,284 Add: reinsurance recoverable 28,272 29,156 Unpaid claims, end of period $ 121,379 $ 130,440 The process of establishing the estimated provision for unpaid claims is complex and imprecise, as it relies on the judgment and opinions of a large number of individuals, on historical precedent and trends, on prevailing legal, economic, social and regulatory trends and on expectations as to future developments. The process of determining the provision necessarily involves risks that the actual results will deviate, perhaps substantially, from the best estimates made. The establishment of reserves is an inherently uncertain process involving estimates; and current provisions may not be sufficient. Adjustments to reserves, both positive and negative, are reflected in the statement of income and comprehensive income as estimates are updated. The unfavorable development for the three month period ended March 31, 2016 primarily resulted from development of mandatory assigned risk pool reserves. For the three month period ended March 31, 2015 , the favorable development was primarily due to Gateway's commercial auto program.

Share Based Compensation

Share Based Compensation	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share Based Compensation	SHARE BASED COMPENSATION On January 6, 2011, Atlas adopted a stock option plan (the “Stock Option Plan”) in order to advance the interests of Atlas by providing incentives to eligible persons defined in the plan. In the second quarter of 2013, a new equity incentive plan (the “Equity Incentive Plan”) was approved by the Company's common shareholders at the Annual General Meeting, and Atlas ceased to grant new stock options under the preceding Stock Option Plan. The Equity Incentive Plan is a securities based compensation plan, pursuant to which Atlas may issue restricted stock grants for ordinary voting common shares, restricted units, stock grants for ordinary voting common shares, stock options and other forms of equity incentives to eligible persons as part of their compensation. The Equity Incentive Plan is considered an amendment and restatement of the Stock Option Plan, although outstanding stock options issued pursuant to the Stock Option Plan will continue to be governed by the terms of the Stock Option Plan. Stock options - Stock option activity for the three month periods ended March 31, 2016 and 2015 follows (prices in Canadian dollars designated with "C$" and United States dollars designated with "US$" ): Three Month Periods Ended March 31, 2016 March 31, 2015 C$ Denominated: Number of Shares Average Exercise Price Number of Shares Average Exercise Price Outstanding, beginning of period 187,728 C$6.22 224,623 C$6.05 Granted — — — — Exercised — — — — Outstanding, end of period 187,728 C$6.22 224,623 C$6.05 Three Month Periods Ended March 31, 2016 March 31, 2015 US$ Denominated: Number of Shares Average Exercise Price Number of Shares Average Exercise Price Outstanding, beginning of period 375,000 US$17.01 175,000 US$13.26 Granted — — 200,000 US$20.29 Exercised — — — — Outstanding, end of period 375,000 US$17.01 375,000 US$17.01 There are 304,395 stock options that are exercisable as of March 31, 2016 . The stock option grants outstanding have a weighted average remaining life of 7.58 years and have an intrinsic value of $3.4 million as of March 31, 2016 . On March 12, 2015 , the Board of Directors of Atlas granted equity awards of (i) 200,000 restricted voting common shares of the Company and (ii) 200,000 options to acquire ordinary voting common shares to the executive officers of the Company as part of the Company’s annual compensation process. The awards were made under the Company’s Equity Incentive Plan. The awards vest in five equal annual installments of 20% , provided that an installment shall not vest unless an annual performance target based on specific return on average equity growth rates is met. In the event the performance target is not met in any year, the 20% installment for such year shall not vest, but such non-vested installment shall carry forward and can become vested in future years (up to the fifth year from the date of grant), subject to achievement in a future year of the applicable performance target for such year. The Monte-Carlo simulation model was used, for both the options and restricted voting common share grants, to estimate the fair value of compensation expense as a result of the performance based component of these grants. Utilizing the Monte-Carlo simulation model, the fair values were $1.5 million and $1.9 million for the options and restricted voting common share grants, respectively. This expense will be amortized over the anticipated vesting period. Restricted shares - The activity for the restricted voting common shares and restricted share units for the three month periods ended March 31, 2016 and 2015 are as follows: Three Month Periods Ended March 31, 2016 March 31, 2015 Number of Shares Weighted Average Fair Value at Grant Date Number of Shares Weighted Average Fair Value at Grant Date Non-vested, beginning of period 348,155 $ 15.53 185,190 $ 12.20 Granted — — 200,000 17.99 Vested (37,035 ) 12.20 (37,035 ) 12.20 Non-vested, end of period 311,120 $ 15.92 348,155 $ 15.53 In accordance with ASC 718 (Stock-Based Compensation), Atlas has recognized share-based compensation expense on a straight-line basis over the requisite service period of the last separately vesting portion of the award. Share-based compensation expense is a component of other underwriting expenses on the income statement. Atlas recognized $448,000 in share-based compensation expense, including income tax expense, for the three month period ended March 31, 2016 . For the three month period ended March 31, 2015 , we incurred $433,000 of share-based compensation expense, including income tax expense. Total unearned share-based compensation expense was $1.5 million related to all stock option grants and $2.8 million related to restricted voting common shares and restricted share units as of March 31, 2016 . This unearned share-based compensation expense will be amortized over the next 47 months.

Other Employee Benefit Plans

Other Employee Benefit Plans	3 Months Ended
	Mar. 31, 2016
Other Employee Benefit Plans [Abstract]
Other Employee Benefit Plans	OTHER EMPLOYEE BENEFIT PLANS Defined Contribution Plan - Atlas has a defined contribution 401(k) plan covering all qualified employees of Atlas and its subsidiaries. Contributions to this plan are limited based on IRS guidelines. Atlas matches 100% of the employee contribution up to 2.5% of annual earnings, plus 50% of additional contributions up to 2.5% of annual earnings, for a total maximum expense of 3.75% of annual earnings per participant. Atlas' matching contributions are discretionary. Employees are 100% vested in their own contributions and vest in Atlas contributions based on years of service equally over 5 years with 100% vested after 5 years . Company contributions were $111,000 and $71,000 for the three month periods ended March 31, 2016 and 2015 , respectively. Employee Stock Purchase Plan - The Atlas Employee Stock Purchase Plan (the “ESPP”) encourages employee interest in the operation, growth and development of Atlas and provides an additional investment opportunity to employees. Full time and permanent part time employees working more than 30 hours per week were allowed to invest up to 7.5% of adjusted salary in Atlas ordinary voting common shares. Atlas matches 100% of the employee contribution up to 2.5% of annual earnings, plus 50% of additional contributions up to 5% of annual earnings, for a total maximum expense of 5% of annual earnings per participant. Atlas also pays all administrative costs related to this plan. Atlas' costs incurred related to the matching portion of the ESPP were $44,000 and $33,000 for the three month periods ended March 31, 2016 and 2015 , respectively. Share purchases pursuant to this plan are made in the open market.

Share Capital

Share Capital	3 Months Ended
	Mar. 31, 2016
Share Capital [Abstract]
Share Capital	SHARE CAPITAL The share capital is as follows: March 31, 2016 December 31, 2015 Shares Authorized Shares Issued and Outstanding Amount (in '000s) Shares Issued and Outstanding Amount (in '000s) Preferred shares 100,000,000 6,538,560 $ 6,539 6,940,500 $ 6,941 Ordinary voting common shares 266,666,667 11,890,432 $ 36 11,883,025 36 Restricted voting common shares 33,333,334 132,863 — 132,863 — Total common shares 300,000,001 12,023,295 $ 36 12,015,888 $ 36 All of the issued and outstanding restricted voting common shares are beneficially owned or controlled by Kingsway Financial Services, Inc. (including its subsidiaries and affiliated companies, "Kingsway"). The restricted voting common shares are entitled to vote at all meetings of shareholders, except at meetings of holders of a specific class that are entitled to vote separately as a class. The restricted voting common shares as a class shall not carry more than 30% of the aggregate votes eligible to be voted at a general meeting of common shareholders. The restricted voting common shares will convert to ordinary voting common shares in the event that these Kingsway-owned shares are sold to non-affiliates of Kingsway. There were 22,224 and 29,631 non-vested restricted stock units ("RSUs") as of March 31, 2016 and December 31, 2015 , respectively. These RSUs are participative and are included in the computations of earnings per share and book value per share for these periods. During the three month period ended March 31, 2016 , the Company issued 7,407 ordinary voting common shares as a result of the vesting of RSUs. The Company issued 7,407 ordinary voting common shares as a result of the vesting of RSUs and 200,000 non-vested restricted voting common shares during the three month period ended March 31, 2015 to a director and the officers, respectively. These shares were granted and issued under the Company's Equity Incentive Plan. During the first quarter of 2015, the Company issued 4,000,000 preferred shares as a portion of the consideration related to the Anchor acquisition and an additional 940,500 preferred shares pursuant to the Gateway stock purchase agreement. During the first quarter of 2016, the Company retired 401,940 preferred shares pursuant to the Gateway stock purchase agreement. At March 31, 2016 , there were 6,538,560 preferred shares outstanding. These preferred shares are beneficially owned or controlled by the former owners of Gateway ( 2,538,560 preferred shares) and Anchor ( 4,000,000 preferred shares). The Gateway preferred shares retired during the first quarter of 2016 and the preferred shares issued during the first quarter of 2015 have been recorded as a recovery of acquisition expense and additional acquisition expense, respectively, and not as an adjustment to goodwill, because the fair value of the contingent consideration was determined to be zero at the date of the Gateway acquisition. In accordance with U.S. GAAP, such adjustments are reflected in the income statement in the period that the contingency is re-estimated. The estimate of this contingency could change in the future until all remaining claims are settled. Preferred shareholders are entitled to dividends on a cumulative basis, whether or not declared by the Board of Directors, at the rate of $0.045 per share per year ( 4.5% ) and may be paid in cash or in additional preferred shares at the option of Atlas. In liquidation, dissolution or winding-up of Atlas, preferred shareholders receive the greater of $1.00 per share plus all declared and unpaid dividends or the amount they would receive in liquidation if the preferred shares had been converted to restricted voting common shares or ordinary voting common shares immediately prior to liquidation. The preferred shares are redeemable at the option of Atlas at a price of $1.00 per share plus accrued and unpaid dividends, subject to certain conditions, prior to the conversion date. Preferred shareholders are not entitled to vote. Preferred shares are convertible into ordinary voting common shares at the option of the former owners of Gateway and Anchor at any date after the fifth year of issuance at the rate of 0.1270 and 0.0500 , respectively, ordinary voting common shares for each preferred share. The conversion rate is subject to change if the number of ordinary voting common shares or restricted voting common shares changes by way of an anti-dilution event. During the three month period ended March 31, 2016 , Atlas did not declare or pay dividends earned through the preferred shares. The former owners of Gateway and Anchor earned $37,000 and $46,000 , respectively, in dividends during the three month period ended March 31, 2016 . Through March 31, 2016 , Atlas has accrued $351,000 and $192 ,000 in dividends for the former owners of Gateway and Anchor, respectively, which remain unpaid.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	3 Months Ended
	Mar. 31, 2016
Deferred Policy Acquisition Costs [Abstract]
Deferred Policy Acquisition Costs	DEFERRED POLICY ACQUISITION COSTS Deferred policy acquisition costs for the three month periods ended March 31, 2016 and 2015 consisted of the following (in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Balance, beginning of period $ 10,235 $ 8,166 Acquisition costs deferred 5,135 6,953 Amortization charged to income 4,053 3,918 Balance, end of period $ 11,317 $ 11,201

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS During the periods presented, a small percentage of the Company’s investment portfolio was allocated to investment vehicles, primarily focused on income generating real estate, that are considered related-party transactions. In these cases, one or more of the Company’s directors may be deemed to control unrelated entities that may invest in these vehicles and may also manage these vehicles.

Note Payable

Note Payable	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Note Payable	NOTE PAYABLE On March 9, 2015, American Insurance Acquisition, Inc. ("American Acquisition"), a wholly-owned direct subsidiary of Atlas Financial Holdings, Inc., and parent of the ASI Pool Subsidiaries (defined below), entered into a loan and security agreement (“Loan Agreement”) for a $35.0 million loan facility with Fifth Third Bank. The Loan Agreement includes a $30.0 million line of credit ("Draw Amount"), which can be drawn in increments at any time during the first twelve months of the agreement effective date of March 9, 2015. The $30.0 million line of credit has a five year term and bears interest at one-month LIBOR plus 4.5% , effectively 4.93% at March 31, 2016 . The Loan Agreement also includes a $5.0 million revolving line of credit ("Revolver") that bears interest at one month LIBOR plus 2.75% , effectively 3.18% at March 31, 2016 . The Loan Agreement also provides for the issuance of letters of credit in an amount up to $2.0 million outstanding at any time. In addition, there is a non-utilization fee for each of the $30.0 million line of credit and $5.0 million revolving line of credit equal to 0.50% per annum of an amount equal to $30.0 million and $5.0 million , respectively, less the daily average of the aggregate principal amount outstanding under such credit lines (plus, in the case of the $30.0 million line of credit, the aggregate amount of the letter of credit obligations outstanding). The Loan Agreement requires American Acquisition to comply with customary affirmative and negative covenants, including those governing indebtedness, liens, investments, sales of assets, issuance of securities, and distributions. The Loan Agreement also requires American Acquisition to make mandatory prepayments under certain conditions and to comply with certain financial covenants, including the ASI Pool Subsidiaries (defined below) maintaining a combined statutory net worth in an amount not less than $60.0 million (subject to adjustment) and maintaining a minimum funded debt to Earnings Before Interest, Taxes, Depreciation and Amortization ratio. The Loan Agreement is secured by substantially all of the property of American Acquisition, including all of the outstanding shares of American Country, American Service and Gateway, which are wholly-owned direct subsidiaries of American Acquisition (the “ASI Pool Subsidiaries”). As of March 31, 2016 , American Acquisition was in compliance with the covenants of the Loan Agreement. As of March 31, 2016 , $2.4 million in funds were accessed from the Revolver and used to support Anchor's operations. $15.5 million in funds were accessed against the Draw Amount as of March 31, 2016 . The draw was contributed to the ASI Pool Subsidiaries in exchange for surplus notes that carry a variable interest rate of prime plus 2% with a maturity date of April 30, 2020. No letters of credit were issued under the terms of this Loan Agreement as of March 31, 2016 . As of March 31, 2016 , the unused funds for the Revolver and the Draw Amount were $2.6 million and $14.5 million , respectively. For the three month period ended March 31, 2016 , American Acquisition incurred interest expense, including non-utilization fees, of $233,000 and bank fees of $17,000 in connection with the Loan Agreement. For the three month period ended March 31, 2015 , interest expense, including non-utilization fees, and bank fees were $9,000 and $6,000 , respectively. As of March 31, 2016 , unamortized bank fees associated with the Loan Agreement were $264 ,000. These bank fees will be amortized over the next 47 months. Note payable outstanding as of March 31, 2016 and as of December 31, 2015 (all amounts in '000s): March 31, 2016 December 31, 2015 Revolver $ 2,400 $ 2,000 Line of credit 15,500 15,500 Total outstanding borrowings 17,900 17,500 Unamortized issuance costs (264 ) (281 ) Total note payable $ 17,636 $ 17,219 In the first quarter of 2016, $500,000 was accessed from the Revolver. Atlas also repaid $100,000 from the Revolver's outstanding borrowings.

Statutory Information

Statutory Information	3 Months Ended
	Mar. 31, 2016
Statutory Information [Abstract]
Statutory Information	STATUTORY INFORMATION As a holding company, Atlas could derive cash from its Insurance Subsidiaries generally in the form of dividends to meet its obligations, which will primarily consist of operating expense payments and debt payments. Atlas’ Insurance Subsidiaries fund their obligations primarily through premium and investment income and maturities in the securities portfolio. The Insurance Subsidiaries require regulatory approval for the return of capital and, in certain circumstances, prior to the payment of dividends. In the event that dividends available to the holding company are inadequate to cover its operating expenses and debt payments, the holding company would need to raise capital, sell assets or incur future debt. The Insurance Subsidiaries must each maintain a minimum statutory capital and surplus of $1.5 million , $2.4 million and $3.5 million under the provisions of the Illinois Insurance Code, the Missouri Insurance Code and the New York Insurance Code, respectively. Dividends may only be paid from statutory unassigned surplus, and payments may not be made if such surplus is less than a stipulated amount. The dividend restriction is the greater of statutory net income or 10% of total statutory capital and surplus. At March 31, 2016 , our Insurance Subsidiaries had a combined statutory surplus of $122.0 million and had combined net written premiums and combined statutory net income for the three month period ended March 31, 2016 of $50.1 million and $3.6 million , respectively. At December 31, 2015 , our Insurance Subsidiaries had a combined statutory surplus of $118.5 million and had combined net written premiums and combined statutory net income for the twelve months ended December 31, 2015 of $177.8 million and $12.7 million , respectively. Atlas did not declare or pay any dividends to its common shareholders during the three month period ended March 31, 2016 or during the year ended December 31, 2015 .

Change in Accounting Principle

Change in Accounting Principle	3 Months Ended
	Mar. 31, 2016
Changes in Accounting Principle [Abstract]
Change in Accounting Principle	CHANGE IN ACCOUNTING PRINCIPLE In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Topic 835-30): Simplifying the Presentation of Debt Issuance Costs . The Company adopted this new disclosure during the first quarter of 2016 and applied its provisions retrospectively. Under the new guidance, unamortized debt issuance costs are to be presented in the balance sheet as a direct deduction from the carrying amount of the debt liability. The adoption of this new disclosure reduced other assets and notes payable by $281 ,000. The following line items presented in the Consolidated Statements of Financial Position as of March 31, 2016 and December 31, 2015 were affected by the adoption of the new disclosure: (in '000s) As Computed without Change in Accounting Principle As Reported with Change in Accounting Principle Effect of Change Impact on Assets at March 31, 2016: Other assets $ 8,176 $ 7,912 $ (264 ) Total Assets 423,589 423,325 (264 ) Impact on Liabilities and Shareholders' Equity at March 31, 2016: Notes Payable 17,900 17,636 (264 ) Total Liabilities 287,248 286,984 (264 ) Total Liabilities and Shareholders' Equity 423,589 423,325 (264 ) As Originally Reported As Adjusted Effect of Change Impact on Assets as of December 31, 2015: Other assets $ 6,941 $ 6,660 $ (281 ) Total Assets 411,573 411,292 (281 ) Impact on Liabilities and Shareholders' Equity at December 31, 2015: Notes Payable 17,500 17,219 (281 ) Total Liabilities 281,951 281,670 (281 ) Total Liabilities and Shareholders' Equity 411,573 411,292 (281 )

Nature of Operations and Basi26

Nature of Operations and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of presentation - These statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The consolidated financial statements include the accounts of Atlas and the entities it controls. Equity investments in entities that we do not consolidate, including corporate entities in which we have significant influence and partnership and partnership-like entities in which we have more than minor influence over operating and financial policies, are accounted for under the equity method unless we have elected the fair value option. All significant intercompany accounts and transactions have been eliminated. It is the opinion of management that these financial statements reflect all adjustments necessary for a fair statement of the interim results. The results for the three month period ended March 31, 2016 are not necessarily indicative of the results expected for the full calendar year. The accompanying unaudited condensed consolidated financial statements, in accordance with Securities and Exchange Commission (“SEC”) rules for interim periods, do not include all of the information and notes required by accounting principles generally accepted in the United States of America for complete financial statements and should be read in conjunction with the Atlas' Annual Report on Form 10-K for the year ended December 31, 2015 , which provides a more complete understanding of the Company’s accounting policies, financial position, operating results, business properties, and other matters. Atlas has consistently applied the same accounting policies throughout all periods presented.
Estimates and Assumptions	Estimates and assumptions - The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and changes in estimates are recorded in the accounting period in which they are determined. The liability for unpaid loss and loss adjustment expenses and related amounts recoverable from reinsurers represents the most significant estimate in the accompanying financial statements. Significant estimates in the accompanying financial statements also include the fair values of investments, deferred tax asset valuation, premium receivable bad debt allowance and deferred policy acquisition cost recoverability.
Segmentation	Segmentation - The Company has one reportable business segment. Resources are allocated and management assesses financial performance based on this reportable segment.
New Accounting Standards	Pertinent Accounting Standard Updates ("ASU's") are issued from time to time by the Financial Accounting Standards Board ("FASB") are adopted by the Company as they become effective. All recently issued accounting pronouncements with effective dates prior to April 1, 2016 have been adopted by the company. In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606) , which is associated with the updates in ASU 2014-09 and ASU 2015-14. The provisions of this update enhance the guidance on identifying performance obligations and licensing implementation. The effective date of this ASU follows the guidance in ASU 2015-14 discussed below. Along with ASU 2014-09, the Company plans to adopt these standards on the required effective date and is currently evaluating the guidance to determine the potential impact, if any, of its adoption on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718) . The provisions of this update simplify certain areas around share-based compensation transactions including income taxes and cash flow classifications. Each amendment within this update has specific guidance on the method of application, which includes prospective, retrospective, and modified retrospective applications. For public entities, this guidance is effective for years beginning after December 15, 2016, including interim periods within those years. Early adoption is permitted. The Company plans on adopting the update on the required effective date and is currently evaluating the potential impact of its adoption on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The provisions of this update impact the classification criteria, disclosure requirements, and other specific transactions in lease accounting. The update requires the use of a modified retrospective approach, which requires leases to be measured at the beginning of the earliest period presented. For public entities, this guidance is effective for years beginning after December 15, 2018, including interim periods within those years. Early adoption is permitted. The Company plans on adopting the update on the required effective date. The Company is currently evaluating the potential impact of its adoption 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. One provision of this update requires that equity investments, except those accounted for under the equity method, to be measured at fair value and changes in fair value recognized in net income. The provisions of this update are recognized as a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. For public entities, this guidance is effective for years beginning after December 15, 2017, including interim periods within those years. Early adoption is not permitted, except for certain provisions. The Company plans on adopting the update on the required effective date. The Company is currently evaluating the potential impact of its adoption on its consolidated financial statements. In May 2015, the FASB issued ASU 2015-09, Financial Services - Insurance (Topic 944): Disclosures about Short-Duration Contracts . The new disclosures, which are required for annual periods beginning after December 31, 2015 and for interim periods beginning after December 31, 2016, are intended to provide additional information about insurance liabilities including the nature, amount, timing, and uncertainty of future cash flows related to those liabilities. Early adoption is permitted. Except for the retrospective application of additional disclosure requirements, the new guidance will not impact the Company's consolidated financial statements. The Company plans on adopting the update on the required effective date. In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Topic 835-30): Simplifying the Presentation of Debt Issuance Costs . The new disclosures require debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The amendments in this disclosure are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company adopted this new disclosure in the first quarter of 2016 . See Note 19 regarding this change in accounting principle. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) . This update is a comprehensive revenue recognition standard that applies to all entities that have contracts with customers, except for those that fall within the scope of other standards, such as insurance contracts. Updates may be applied retrospectively to each period presented or retrospectively with the cumulative effect recognized at the date of initial application. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date , which deferred the effective date of ASU 2014-09 by one year. The update is now effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted, but only for interim and annual periods beginning after December 15, 2016. The Company plans to adopt the update on the required effective date and is currently evaluating the guidance to determine the potential impact, if any, of its adoption on its consolidated financial statements. All other recently issued pronouncements with effective dates after March 31, 2016 are not expected to have a material impact on the Consolidated Financial Statements.

Acquisitions Acquisitions (Tabl

Acquisitions Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2016
Business Combinations [Abstract]
Schedule of Pro Forma Information	However, the following unaudited pro forma summary presents Atlas' consolidated financial information for the three month period ended March 31, 2015 as if Anchor had been acquired on January 1, 2015. These amounts have been calculated after applying the Company's accounting policies had the acquisition been completed on January 1, 2015. These results were prepared for comparative purposes only and do not purport to be indicative of the results of operations that may have actually resulted had the acquisition occurred on the indicated dates, nor are they indicative of potential future operating results of the Company. (in '000s, except per share information) Three Month Period Ended March 31, 2015 Revenue $ 36,316 Income from operations before income tax expense 1 $ 5,066 Net income 1 $ 2,976 Earnings per common share basic 1 $ 0.25 Earnings per common share diluted 1 $ 0.23 1 - Excludes expenses incurred in connection with the Anchor acquisition
Schedule of Purchase Price Allocation	The following table presents the adjusted values of assets acquired and liabilities assumed for the Anchor acquisition based on its estimated fair value on March 11, 2015. (in $ '000s) Purchase Consideration Cash $ 19,199 Preferred stock 4,000 Total $ 23,199 Allocation of Purchase Price Cash and investments $ 48,508 Other current assets 33,303 Property and equipment 22 Goodwill 2,726 Intangible assets 4,500 Total Assets $ 89,059 Claims liabilities $ 30,731 Unearned premiums 22,976 Accounts payable and other liabilities 11,231 Deferred tax liabilities, net 922 Total Liabilities $ 65,860 Net assets acquired $ 23,199
Schedule of Intangible Assets, excluding Goodwill	The following table presents a summary of intangible assets by major asset class at March 31, 2016 and December 31, 2015 : (in $ '000s) At March 31, 2016 Economic Useful Life Gross Carrying Amount Accumulated Amortization Net Trade name and trademark 15 years $ 1,800 $ 127 $ 1,673 Customer relationship 10 years 2,700 285 2,415 State insurance licenses Indefinite 740 — 740 $ 5,240 $ 412 $ 4,828 At December 31, 2015 Economic Useful Life Gross Carrying Amount Accumulated Amortization Net Trade name and trademark 15 years $ 1,800 $ 97 $ 1,703 Customer relationship 10 years 2,700 218 2,482 State insurance licenses Indefinite 740 — 740 $ 5,240 $ 315 $ 4,925

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Earnings per ordinary voting common shares, restricted voting common shares and participative restricted stock units ("RSUs") (collectively, the "common shares") for the three month periods ended March 31, 2016 and March 31, 2015 are as follows: Three Month Periods Ended (in '000s except for share and per share amounts) March 31, 2016 March 31, 2015 Basic: Income from operations before income tax expense $ 7,255 $ 3,760 Income tax expense 2,444 1,623 Net income $ 4,811 $ 2,137 Less: Preferred share dividends 83 35 Net income attributable to common shareholders $ 4,728 $ 2,102 Basic weighted average common shares outstanding 12,045,519 11,850,848 Earnings per common share basic $ 0.39 $ 0.18 Diluted: Basic weighted average common shares outstanding 12,045,519 11,850,848 Add: Dilutive stock options outstanding 182,541 200,497 Dilutive shares upon preferred share conversion 522,397 573,444 Diluted weighted average common shares outstanding 12,750,457 12,624,789 Earnings per common share diluted $ 0.38 $ 0.17

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2016
Investments [Abstract]
Schedule of Available-for-sale Securities	The amortized cost, gross unrealized gains and losses and fair value for Atlas’ investments in fixed income securities and equities are as follows (all amounts in '000s): As of March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 25,933 $ 253 $ (1 ) $ 26,185 States, municipalities and political subdivisions 13,869 315 — 14,184 Corporate Banking/financial services 22,469 338 (66 ) 22,741 Consumer goods 8,064 136 (54 ) 8,146 Capital goods 14,364 308 (318 ) 14,354 Energy 4,325 7 (300 ) 4,032 Telecommunications/utilities 10,523 118 (225 ) 10,416 Health care 3,664 54 — 3,718 Total Corporate 63,409 961 (963 ) 63,407 Mortgage backed - agency 41,627 512 (68 ) 42,071 Mortgage backed - commercial 20,034 218 (125 ) 20,127 Total Mortgage Backed 61,661 730 (193 ) 62,198 Other asset backed 23,747 99 (38 ) 23,808 Total Fixed Income Securities 188,619 2,358 (1,195 ) 189,782 Equities 6,147 129 (15 ) 6,261 Totals $ 194,766 $ 2,487 $ (1,210 ) $ 196,043 As of December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 23,555 $ 12 $ (84 ) $ 23,483 States, municipalities and political subdivisions 21,974 232 (52 ) 22,154 Corporate Banking/financial services 21,963 117 (166 ) 21,914 Consumer goods 7,813 43 (121 ) 7,735 Capital goods 15,524 127 (556 ) 15,095 Energy 4,807 — (401 ) 4,406 Telecommunications/utilities 12,298 27 (450 ) 11,875 Health care 3,038 — (17 ) 3,021 Total Corporate 65,443 314 (1,711 ) 64,046 Mortgage backed - agency 34,874 112 (313 ) 34,673 Mortgage backed - commercial 19,961 158 (244 ) 19,875 Total Mortgage Backed 54,835 270 (557 ) 54,548 Other asset backed 19,648 14 (120 ) 19,542 Total Fixed Income Securities 185,455 842 (2,524 ) 183,773 Equities 4,147 139 (46 ) 4,240 Totals $ 189,602 $ 981 $ (2,570 ) $ 188,013
Summary of Carrying Amounts of Fixed Income Securities, by Contractual Maturity	The following tables summarize the amortized cost and fair value of fixed income securities by contractual maturity (all amounts in '000s). As certain securities and debentures have the right to call or prepay obligations, the actual settlement dates may differ from contractual maturity. One year or less One to five years Five to ten years More than ten years Total contractual maturity Total mortgage and asset backed As of March 31, 2016 Total Amortized Cost $ 10,836 $ 54,773 $ 29,304 $ 8,298 $ 103,211 $ 85,408 $ 188,619 Fair Value 10,871 54,815 29,927 8,163 103,776 86,006 189,782 One year or less One to five years Five to ten years More than ten years Total contractual maturity Total mortgage and asset backed As of December 31, 2015 Total Amortized Cost $ 11,494 $ 55,371 $ 35,462 $ 8,645 $ 110,972 $ 74,483 $ 185,455 Fair Value 11,518 54,752 35,148 8,265 109,683 74,090 183,773
Schedule of Unrealized Loss on Investments	The aging of unrealized losses on the Company's investments in fixed income securities and equities is presented as follows (all amounts in '000s): Less Than 12 Months More Than 12 Months Total As of March 31, 2016 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 227 $ (1 ) $ — $ — $ 227 $ (1 ) States, municipalities and political subdivisions — — — — — — Corporate Banking/financial services 4,824 (60 ) 256 (6 ) 5,080 (66 ) Consumer goods 1,677 (54 ) — — 1,677 (54 ) Capital goods 2,383 (286 ) 221 (32 ) 2,604 (318 ) Energy 2,449 (164 ) 366 (136 ) 2,815 (300 ) Telecommunications/utilities 3,884 (218 ) 281 (7 ) 4,165 (225 ) Health care — — — — — — Total Corporate 15,217 (782 ) 1,124 (181 ) 16,341 (963 ) Mortgage backed - agency 5,802 (61 ) 1,961 (7 ) 7,763 (68 ) Mortgage backed - commercial 10,515 (123 ) 511 (2 ) 11,026 (125 ) Total Mortgage Backed 16,317 (184 ) 2,472 (9 ) 18,789 (193 ) Other asset backed 7,714 (38 ) 254 — 7,968 (38 ) Total Fixed Income Securities 39,475 (1,005 ) 3,850 (190 ) 43,325 (1,195 ) Equities 985 (15 ) — — 985 (15 ) Totals $ 40,460 $ (1,020 ) $ 3,850 $ (190 ) $ 44,310 $ (1,210 ) Less Than 12 Months More Than 12 Months Total As of December 31, 2015 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 9,712 $ (49 ) $ 3,256 $ (35 ) $ 12,968 $ (84 ) States, municipalities and political subdivisions 5,870 (46 ) 553 (6 ) 6,423 (52 ) Corporate Banking/financial services 12,216 (161 ) 595 (5 ) 12,811 (166 ) Consumer goods 6,044 (121 ) — — 6,044 (121 ) Capital goods 9,425 (428 ) 755 (128 ) 10,180 (556 ) Energy 3,862 (337 ) 544 (64 ) 4,406 (401 ) Telecommunications/utilities 8,811 (450 ) — — 8,811 (450 ) Health care 3,021 (17 ) — — 3,021 (17 ) Total Corporate 43,379 (1,514 ) 1,894 (197 ) 45,273 (1,711 ) Mortgage backed - agency 25,168 (255 ) 1,921 (58 ) 27,089 (313 ) Mortgage backed - commercial 10,022 (129 ) 3,445 (115 ) 13,467 (244 ) Total Mortgage Backed 35,190 (384 ) 5,366 (173 ) 40,556 (557 ) Other asset backed 16,203 (113 ) 1,084 (7 ) 17,287 (120 ) Total Fixed Income Securities 110,354 (2,106 ) 12,153 (418 ) 122,507 (2,524 ) Equities 1,062 (46 ) — — 1,062 (46 ) Totals $ 111,416 $ (2,152 ) $ 12,153 $ (418 ) $ 123,569 $ (2,570 )
Summary of Components of Net Investment Income	The following table summarizes the components of net investment income for the three month periods ended March 31, 2016 and 2015 (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Total investment income Interest income $ 982 $ 592 Dividends — 29 (Loss) income from other investments (103 ) 53 Investment expenses (226 ) (154 ) Net investment income $ 653 $ 520
Schedule of Realized Gain (Loss)	The following table presents the gross realized gains and gross realized losses from sales of fixed income securities and equities for the three month periods ended March 31, 2016 and 2015 (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Fixed income securities: Gains on sales $ 315 $ 137 Losses on sales (76 ) — Equities: Gains on sales $ — $ — Losses on sales — — Total: Gains on sales $ 315 $ 137 Losses on sales (76 ) —
Summary of Components of Net Investment Realized Gains	The following table summarizes the components of net investment realized gains for the three month periods ended March 31, 2016 and 2015 (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Fixed income securities $ 239 $ 137 Equities — — Other — — Net investment realized gains $ 239 $ 137

Fair Value of Financial Instr30

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Financial and Credit Risk Management [Abstract]
Summary of Investments at Fair Value	The following table summarizes Atlas' investments at fair value as of March 31, 2016 and as of December 31, 2015 (all amounts in '000s): As of March 31, 2016 Level 1 Level 2 Level 3 Total Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 26,185 $ — $ — $ 26,185 States, municipalities and political subdivisions — 14,184 — 14,184 Corporate Banking/financial services — 22,741 — 22,741 Consumer goods — 8,146 — 8,146 Capital goods — 14,354 — 14,354 Energy — 4,032 — 4,032 Telecommunications/utilities — 10,416 — 10,416 Health care — 3,718 — 3,718 Total Corporate — 63,407 — 63,407 Mortgage backed - agency — 42,071 — 42,071 Mortgage backed - commercial — 20,127 — 20,127 Total Mortgage Backed — 62,198 — 62,198 Other asset backed — 23,808 — 23,808 Total Fixed Income Securities 26,185 163,597 — 189,782 Equities 6,261 — — 6,261 Totals $ 32,446 $ 163,597 $ — $ 196,043 As of December 31, 2015 Level 1 Level 2 Level 3 Total Fixed Income Securities: U.S. Treasury and other U.S. government obligations $ 23,483 $ — $ — $ 23,483 States, municipalities and political subdivisions — 22,154 — 22,154 Corporate Banking/financial services — 21,914 — 21,914 Consumer goods — 7,735 — 7,735 Capital goods — 15,095 — 15,095 Energy — 4,406 — 4,406 Telecommunications/utilities — 11,875 — 11,875 Health care — 3,021 — 3,021 Total Corporate — 64,046 — 64,046 Mortgage backed - agency — 34,673 — 34,673 Mortgage backed - commercial — 19,875 — 19,875 Total Mortgage Backed — 54,548 — 54,548 Other asset backed — 19,542 — 19,542 Total Fixed Income Securities 23,483 160,290 — 183,773 Equities 4,240 — — 4,240 Totals $ 27,723 $ 160,290 $ — $ 188,013

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	The below table reconciles the U.S. statutory marginal income tax rate to the effective tax rate (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Amount % Amount % Provision for taxes at U.S. statutory marginal income tax rate $ 2,539 35.0 % $ 1,278 34.0 % Nondeductible expenses — — % 19 0.5 % Tax-exempt income (12 ) (0.2 )% — — % State tax (net of federal benefit) 58 0.8 % 15 0.4 % Nondeductible acquisition accounting adjustment (141 ) (1.9 )% 320 8.5 % Other — — % (9 ) (0.3 )% Provision for income taxes for continuing operations $ 2,444 33.7 % $ 1,623 43.1 %
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense consists of the following for the three month periods ended March 31, 2016 and March 31, 2015 : Three Month Periods Ended March 31, 2016 March 31, 2015 Current tax expense $ 1,664 $ 1,634 Deferred tax expense (benefit) 780 (11 ) Total $ 2,444 $ 1,623
Schedule of Deferred Tax Assets and Liabilities	The components of net deferred income tax assets and liabilities as of March 31, 2016 and December 31, 2015 are as follows (all amounts in '000s): March 31, 2016 December 31, 2015 Gross deferred tax assets: Losses carried forward $ 12,281 $ 12,656 Unpaid claims and unearned premiums 8,620 8,122 Tax credits 662 662 Investments — 36 Commissions 1,220 1,306 Other 984 1,457 Total gross deferred tax assets 23,767 24,239 Gross deferred tax liabilities: Deferred policy acquisition costs 3,808 3,582 Investments 945 — Fixed assets 401 401 Intangible assets 1,431 1,465 Other 1,799 1,625 Total gross deferred tax liabilities 8,384 7,073 Net deferred tax assets $ 15,383 $ 17,166
Summary of Operating Loss Carryforwards	Amounts and expiration dates of the operating loss carryforwards as of March 31, 2016 are as follows (all amounts in '000s): Year of Occurrence Year of Expiration Amount 2001 2021 $ 4,409 2002 2022 4,317 2006 2026 7,825 2007 2027 5,131 2008 2028 1,949 2009 2029 1,949 2010 2030 1,949 2011 2031 4,669 2012 2032 2,890 Total $ 35,088

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	As of March 31, 2016 , Atlas has the following future minimum rentals, related principally to office space, required under operating leases (all amounts in '000s): Year 2016 2017 2018 2019 2020 2021 & Beyond Total Amount $ 1,312 $ 1,269 $ 948 $ 952 $ 955 $ 1,058 $ 6,494

Internal Use Software and Off33

Internal Use Software and Office Equipment (Tables)	3 Months Ended
	Mar. 31, 2016
Software and Office Equipment [Abstract]
Schedule of Property, Plant and Equipment	Atlas held the following internal use software and office equipment as of March 31, 2016 and as of December 31, 2015 (excluding assets held for sale) (all amounts in '000s): March 31, 2016 December 31, 2015 Leasehold improvements $ 519 $ 507 Internal use software 7,623 7,611 Computer equipment 2,311 2,225 Furniture and other office equipment 595 593 Total 11,048 10,936 Accumulated depreciation (8,610 ) (8,347 ) Balance, end of period $ 2,438 $ 2,589

Reinsurance Ceded (Tables)

Reinsurance Ceded (Tables)	3 Months Ended
	Mar. 31, 2016
Underwriting Policy and Reinsurance Ceded [Abstract]
Schedule of Effects of Reinsurance Premiums for Insurance Companies	Gross premiums written and ceded premiums, losses and commissions as of and for the three month periods ended March 31, 2016 and 2015 are as follows (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Direct premiums written $ 61,068 $ 44,868 Assumed premiums written 2,957 105 Ceded premiums written (13,954 ) (4,394 ) Net premiums written $ 50,071 $ 40,579 Direct premiums earned $ 52,784 $ 34,053 Assumed premiums earned 618 129 Ceded premiums earned (11,649 ) (4,015 ) Net premiums earned $ 41,753 $ 30,167 Ceded losses and loss adjustment expenses $ 4,437 $ 898 Ceding commissions 1,933 1,170

Unpaid Claims (Tables)

Unpaid Claims (Tables)	3 Months Ended
	Mar. 31, 2016
Unpaid Claims [Abstract]
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense	The changes in the provision for unpaid claims, net of amounts recoverable from reinsurers, for the three month periods ended March 31, 2016 and 2015 were as follows (all amounts in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Unpaid claims, beginning of period $ 127,011 $ 102,430 Less: reinsurance recoverable 29,399 18,421 Net unpaid claims, beginning of period 97,612 84,009 Net reserves acquired — 19,396 Change in retroactive reinsurance ceded 3 (14 ) Incurred related to: Current year 24,637 18,561 Prior years 303 (1,629 ) 24,940 16,932 Paid related to: Current year 5,287 3,144 Prior years 24,161 15,895 29,448 19,039 Net unpaid claims, end of period 93,107 101,284 Add: reinsurance recoverable 28,272 29,156 Unpaid claims, end of period $ 121,379 $ 130,440

Share Based Compensation (Table

Share Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock Option Activity	Stock option activity for the three month periods ended March 31, 2016 and 2015 follows (prices in Canadian dollars designated with "C$" and United States dollars designated with "US$" ): Three Month Periods Ended March 31, 2016 March 31, 2015 C$ Denominated: Number of Shares Average Exercise Price Number of Shares Average Exercise Price Outstanding, beginning of period 187,728 C$6.22 224,623 C$6.05 Granted — — — — Exercised — — — — Outstanding, end of period 187,728 C$6.22 224,623 C$6.05 Three Month Periods Ended March 31, 2016 March 31, 2015 US$ Denominated: Number of Shares Average Exercise Price Number of Shares Average Exercise Price Outstanding, beginning of period 375,000 US$17.01 175,000 US$13.26 Granted — — 200,000 US$20.29 Exercised — — — — Outstanding, end of period 375,000 US$17.01 375,000 US$17.01 The activity for the restricted voting common shares and restricted share units for the three month periods ended March 31, 2016 and 2015 are as follows: Three Month Periods Ended March 31, 2016 March 31, 2015 Number of Shares Weighted Average Fair Value at Grant Date Number of Shares Weighted Average Fair Value at Grant Date Non-vested, beginning of period 348,155 $ 15.53 185,190 $ 12.20 Granted — — 200,000 17.99 Vested (37,035 ) 12.20 (37,035 ) 12.20 Non-vested, end of period 311,120 $ 15.92 348,155 $ 15.53

Share Capital (Tables)

Share Capital (Tables)	3 Months Ended
	Mar. 31, 2016
Share Capital [Abstract]
Schedule of Share Capital for Common Shares	The share capital is as follows: March 31, 2016 December 31, 2015 Shares Authorized Shares Issued and Outstanding Amount (in '000s) Shares Issued and Outstanding Amount (in '000s) Preferred shares 100,000,000 6,538,560 $ 6,539 6,940,500 $ 6,941 Ordinary voting common shares 266,666,667 11,890,432 $ 36 11,883,025 36 Restricted voting common shares 33,333,334 132,863 — 132,863 — Total common shares 300,000,001 12,023,295 $ 36 12,015,888 $ 36

Deferred Policy Acquisition C38

Deferred Policy Acquisition Costs (Tables)	3 Months Ended
	Mar. 31, 2016
Deferred Policy Acquisition Costs [Abstract]
Schedule of Deferred Policy Acquisition Costs and Present Value of Future Profits	Deferred policy acquisition costs for the three month periods ended March 31, 2016 and 2015 consisted of the following (in '000s): Three Month Periods Ended March 31, 2016 March 31, 2015 Balance, beginning of period $ 10,235 $ 8,166 Acquisition costs deferred 5,135 6,953 Amortization charged to income 4,053 3,918 Balance, end of period $ 11,317 $ 11,201

Note Payable (Tables)

Note Payable (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Summary of Outstanding Debt	Note payable outstanding as of March 31, 2016 and as of December 31, 2015 (all amounts in '000s): March 31, 2016 December 31, 2015 Revolver $ 2,400 $ 2,000 Line of credit 15,500 15,500 Total outstanding borrowings 17,900 17,500 Unamortized issuance costs (264 ) (281 ) Total note payable $ 17,636 $ 17,219

Change in Accounting Principle

Change in Accounting Principle (Tables)	3 Months Ended
	Mar. 31, 2016
Accounting Standards Update 2015-03
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncements and Changes in Accounting Principles	The following line items presented in the Consolidated Statements of Financial Position as of March 31, 2016 and December 31, 2015 were affected by the adoption of the new disclosure: (in '000s) As Computed without Change in Accounting Principle As Reported with Change in Accounting Principle Effect of Change Impact on Assets at March 31, 2016: Other assets $ 8,176 $ 7,912 $ (264 ) Total Assets 423,589 423,325 (264 ) Impact on Liabilities and Shareholders' Equity at March 31, 2016: Notes Payable 17,900 17,636 (264 ) Total Liabilities 287,248 286,984 (264 ) Total Liabilities and Shareholders' Equity 423,589 423,325 (264 ) As Originally Reported As Adjusted Effect of Change Impact on Assets as of December 31, 2015: Other assets $ 6,941 $ 6,660 $ (281 ) Total Assets 411,573 411,292 (281 ) Impact on Liabilities and Shareholders' Equity at December 31, 2015: Notes Payable 17,500 17,219 (281 ) Total Liabilities 281,951 281,670 (281 ) Total Liabilities and Shareholders' Equity 411,573 411,292 (281 )

Nature of Operations and Basi41

Nature of Operations and Basis of Presentation (Details)	3 Months Ended
	Mar. 31, 2016statesegment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of states licensed to write property and casualty insurance (state)	49
Number of states, core products actively distributed (state)	41
Number of business segments (segment) | segment	1

Acquisitions Narrative (Details

Acquisitions Narrative (Details)	Mar. 11, 2015USD ($)$ / sharesshares	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Goodwill		$ 2,726,000		$ 2,726,000
Amortization expense		97,000	$ 0
Expenses incurred related to acquisition of subsidiaries		0	750,000
Anchor Holdings Group, Inc. et. al.
Business Acquisition [Line Items]
Total purchase price for all outstanding shares	$ 23,199,000
Business combination, purchase price to book value percentage	1.3
Cash consideration	$ 19,199,000
Equity consideration issued	$ 4,000,000
Equity interest issued (in shares) | shares	4,000,000
Equity interest issued price per share (USD per share) | $ / shares	$ 1
Reserve development protection	$ 4,000,000
Revenue of acquiree since acquisition date			1,900,000
Earnings of acquiree since acquisition date			40,000
Intangible assets	4,500,000
Goodwill	$ 2,726,000
Expenses incurred related to acquisition of subsidiaries		$ 0	$ 750,000

Acquisitions Pro Forma (Details

Acquisitions Pro Forma (Details) - Anchor Holdings Group, Inc. et. al. $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2015USD ($)$ / shares
Business Acquisition [Line Items]
Revenue	$ 36,316
Income from operations before income tax expense	5,066
Net income	$ 2,976
Earnings per common share basic (USD per share) | $ / shares	$ 0.25
Earnings per common share diluted (USD per share) | $ / shares	$ 0.23

Acquisitions Purchase Price All

Acquisitions Purchase Price Allocation (Details) - USD ($) $ in Thousands	Mar. 11, 2015	Mar. 31, 2016	Dec. 31, 2015
Allocation of Purchase Price
Goodwill		$ 2,726	$ 2,726
Anchor Holdings Group, Inc. et. al.
Purchase Consideration
Cash	$ 19,199
Preferred stock	4,000
Total	23,199
Allocation of Purchase Price
Cash and investments	48,508
Other current assets	33,303
Property and equipment	22
Goodwill	2,726
Intangible assets	4,500
Total Assets	89,059
Claims liabilities	30,731
Unearned premiums	22,976
Accounts payable and other liabilities	11,231
Deferred tax liabilities, net	922
Total Liabilities	65,860
Net assets acquired	$ 23,199

Acquisitions Intangible Assets

Acquisitions Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Schedule of Intangible Assets [Line Items]
Intangible assets, accumulated amortization	$ 412	$ 315
Intangible assets, gross (excluding goodwill)	5,240	5,240
Intangible assets, net	$ 4,828	$ 4,925
Trade names and trademarks
Schedule of Intangible Assets [Line Items]
Finite-lived intangible asset, economic useful life	15 years	15 years
Finite-lived intangible assets, gross carrying amount	$ 1,800	$ 1,800
Intangible assets, accumulated amortization	127	97
Finite-lived intangible assets, net	$ 1,673	$ 1,703
Customer relationships
Schedule of Intangible Assets [Line Items]
Finite-lived intangible asset, economic useful life	10 years	10 years
Finite-lived intangible assets, gross carrying amount	$ 2,700	$ 2,700
Intangible assets, accumulated amortization	285	218
Finite-lived intangible assets, net	2,415	2,482
State insurance licenses
Schedule of Intangible Assets [Line Items]
Indefinite-lived intangible assets (excluding goodwill)	$ 740	$ 740

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Income from operations before income tax expense	$ 7,255	$ 3,760
Income tax expense	2,444	1,623
Net income	4,811	2,137
Less: Preferred share dividends	83	35
Net income attributable to common shareholders	$ 4,728	$ 2,102
Basic:
Weighted average common shares outstanding (includes RSUs) (in shares)	12,045,519	11,850,848
Earnings per common share basic (in dollars per share)	$ 0.39	$ 0.18
Diluted:
Dilutive stock options outstanding (in shares)	182,541	200,497
Dilutive shares upon preferred share conversion (in shares)	522,397	573,444
Diluted weighted average common shares outstanding (includes RSUs) (in shares)	12,750,457	12,624,789
Earnings per common share diluted (in dollars per share)	$ 0.38	$ 0.17

Earnings Per Share Narrative (D

Earnings Per Share Narrative (Details) - shares	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Preferred stock, shares issued (in shares)	6,538,560	6,940,500
Gateway Insurance Company
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Preferred stock, shares issued (in shares)	2,538,560		940,500
Anchor Holdings Group, Inc. et. al.
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Preferred stock, shares issued (in shares)	4,000,000		4,000,000
Former Parent of Gateway
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Share conversion ratio	0.1270
Former Parent of Anchor
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Share conversion ratio	0.05

Investments Schedule of Availab

Investments Schedule of Available-for-Sale Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	$ 188,619	$ 185,455
Fixed income securities	189,782	183,773
Available-for-sale equity securities, amortized cost basis	6,147	4,147
Equities	6,261	4,240
Amortized Cost	194,766	189,602
Gross Unrealized Gains	2,487	981
Gross Unrealized Losses	(1,210)	(2,570)
Fair Value	196,043	188,013
US Government Agencies Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	25,933	23,555
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	253	12
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(1)	(84)
Fixed income securities	26,185	23,483
US States and Political Subdivisions Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	13,869	21,974
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	315	232
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	0	(52)
Fixed income securities	14,184	22,154
Total Corporate
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	63,409	65,443
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	961	314
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(963)	(1,711)
Fixed income securities	63,407	64,046
Corporate Debt Securities, Banking and Financial Services
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	22,469	21,963
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	338	117
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(66)	(166)
Fixed income securities	22,741	21,914
Corporate Debt Securities, Consumer Goods
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	8,064	7,813
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	136	43
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(54)	(121)
Fixed income securities	8,146	7,735
Corporate Debt Securities, Capital Goods
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	14,364	15,524
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	308	127
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(318)	(556)
Fixed income securities	14,354	15,095
Corporate Debt Securities, Energy
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	4,325	4,807
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	7	0
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(300)	(401)
Fixed income securities	4,032	4,406
Corporate Debt Securities, Telecommunications and Utilities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	10,523	12,298
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	118	27
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(225)	(450)
Fixed income securities	10,416	11,875
Corporate Debt Securities, Health Care
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	3,664	3,038
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	54	0
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	0	(17)
Fixed income securities	3,718	3,021
Fixed Income, U.S., Mortgage Backed, Total
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	61,661	54,835
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	730	270
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(193)	(557)
Fixed income securities	62,198	54,548
Fixed Income, U.S., Mortgage Backed, Agency
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	41,627	34,874
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	512	112
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(68)	(313)
Fixed income securities	42,071	34,673
Commercial Mortgage Backed Securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	20,034	19,961
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	218	158
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(125)	(244)
Fixed income securities	20,127	19,875
Asset-backed Securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	23,747	19,648
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	99	14
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(38)	(120)
Fixed income securities	23,808	19,542
Fixed income securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale debt securities, amortized cost basis	188,619	185,455
Available-for-sale debt securities, accumulated gross unrealized gain, before tax	2,358	842
Available-for-sale debt securities, accumulated gross unrealized loss, before tax	(1,195)	(2,524)
Fixed income securities	189,782	183,773
Equities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale equity securities, amortized cost basis	6,147	4,147
Available-for-sale equity securities, accumulated gross unrealized gain, before tax	129	139
Available-for-sale equity securities, accumulated gross unrealized loss, before tax	(15)	(46)
Equities	$ 6,261	$ 4,240

Investments Classified by Contr

Investments Classified by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investments [Abstract]
Available-for-sale securities, debt maturities, rolling twelve months, amortized cost	$ 10,836	$ 11,494
Available-for-sale securities, debt maturities, rolling year two through five, amortized cost	54,773	55,371
Available-for-sale securities, debt maturities, rolling year six through ten, amortized cost	29,304	35,462
Available-for-sale securities, debt maturities, rolling after year ten, amortized cost	8,298	8,645
Available-for-sale securities, debt maturities, single maturity date, amortized cost	103,211	110,972
Available-for-sale securities, debt maturities, without single maturity date, amortized cost	85,408	74,483
Available-for-sale debt securities, amortized cost basis	188,619	185,455
Available-for-sale securities, debt maturities, next twelve months, fair value	10,871	11,518
Available-for-sale securities, debt maturities, rolling year two through five, fair value	54,815	54,752
Available-for-sale securities, debt maturities, rolling year six through ten, fair value	29,927	35,148
Available-for-sale securities, debt maturities, rolling after year ten, fair value	8,163	8,265
Available-for-sale Securities, debt maturities, single maturity date, fair value	103,776	109,683
Available-for-sale securities, debt maturities, without single maturity date, fair value	86,006	74,090
Available-for-sale securities, debt securities	$ 189,782	$ 183,773

Investments Unrealized Losses (

Investments Unrealized Losses (Details) $ in Thousands	Mar. 31, 2016USD ($)security	Dec. 31, 2015USD ($)security
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	$ 40,460	$ 111,416
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(1,020)	(2,152)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	3,850	12,153
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(190)	(418)
Available-for-sale securities, continuous unrealized loss position, fair value	44,310	123,569
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(1,210)	(2,570)
US Government Agencies Debt Securities
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	227	9,712
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(1)	(49)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	3,256
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	(35)
Available-for-sale securities, continuous unrealized loss position, fair value	227	12,968
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(1)	(84)
US States and Political Subdivisions Debt Securities
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	0	5,870
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	0	(46)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	553
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	(6)
Available-for-sale securities, continuous unrealized loss position, fair value	0	6,423
Available-for-sale securities, continuous unrealized loss position, accumulated loss	0	(52)
Total Corporate
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	15,217	43,379
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(782)	(1,514)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	1,124	1,894
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(181)	(197)
Available-for-sale securities, continuous unrealized loss position, fair value	16,341	45,273
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(963)	(1,711)
Corporate Debt Securities, Banking and Financial Services
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	4,824	12,216
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(60)	(161)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	256	595
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(6)	(5)
Available-for-sale securities, continuous unrealized loss position, fair value	5,080	12,811
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(66)	(166)
Corporate Debt Securities, Consumer Goods
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	1,677	6,044
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(54)	(121)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value	1,677	6,044
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(54)	(121)
Corporate Debt Securities, Capital Goods
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	2,383	9,425
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(286)	(428)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	221	755
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(32)	(128)
Available-for-sale securities, continuous unrealized loss position, fair value	2,604	10,180
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(318)	(556)
Corporate Debt Securities, Energy
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	2,449	3,862
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(164)	(337)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	366	544
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(136)	(64)
Available-for-sale securities, continuous unrealized loss position, fair value	2,815	4,406
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(300)	(401)
Corporate Debt Securities, Telecommunications and Utilities
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	3,884	8,811
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(218)	(450)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	281	0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(7)	0
Available-for-sale securities, continuous unrealized loss position, fair value	4,165	8,811
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(225)	(450)
Corporate Debt Securities, Health Care
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	0	3,021
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	0	(17)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value	0	3,021
Available-for-sale securities, continuous unrealized loss position, accumulated loss	0	(17)
Fixed Income, U.S., Mortgage Backed, Total
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	16,317	35,190
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(184)	(384)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	2,472	5,366
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(9)	(173)
Available-for-sale securities, continuous unrealized loss position, fair value	18,789	40,556
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(193)	(557)
Fixed Income, U.S., Mortgage Backed, Agency
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	5,802	25,168
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(61)	(255)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	1,961	1,921
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(7)	(58)
Available-for-sale securities, continuous unrealized loss position, fair value	7,763	27,089
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(68)	(313)
Commercial Mortgage Backed Securities
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	10,515	10,022
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(123)	(129)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	511	3,445
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(2)	(115)
Available-for-sale securities, continuous unrealized loss position, fair value	11,026	13,467
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(125)	(244)
Asset-backed Securities
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	7,714	16,203
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(38)	(113)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	254	1,084
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	(7)
Available-for-sale securities, continuous unrealized loss position, fair value	7,968	17,287
Available-for-sale securities, continuous unrealized loss position, accumulated loss	(38)	(120)
Fixed income securities
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	39,475	110,354
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(1,005)	(2,106)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	3,850	12,153
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	(190)	(418)
Available-for-sale securities, continuous unrealized loss position, fair value	43,325	122,507
Available-for-sale securities, continuous unrealized loss position, accumulated loss	$ (1,195)	$ (2,524)
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions | security	165	435
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year | security	16	35
Equities
Gain (Loss) on Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value	$ 985	$ 1,062
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	(15)	(46)
Available-for-sale securities, continuous unrealized loss position, twelve months or longer, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value	985	1,062
Available-for-sale securities, continuous unrealized loss position, accumulated loss	$ (15)	$ (46)
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions | security	1	1

Investments Schedule of Investm

Investments Schedule of Investment Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Investments [Abstract]
Interest income	$ 982	$ 592
Dividends	0	29
(Loss) income from other investments	(103)	53
Investment expenses	(226)	(154)
Net investment income	$ 653	$ 520

Investments Schedule of Gross R

Investments Schedule of Gross Realized Gains (Losses) on Sales (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, gross realized gains	$ 315	$ 137
Available-for-sale securities, gross realized losses	(76)	0
Proceeds from available for sale securities Sold	21,500	2,000
Fixed income securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, gross realized gains	315	137
Available-for-sale securities, gross realized losses	(76)	0
Equities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, gross realized gains	0	0
Available-for-sale securities, gross realized losses	$ 0	$ 0

Investments Schedule of Inves53

Investments Schedule of Investment Gains (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	$ 239	$ 137
Fixed income securities
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	239	137
Equities
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	0	0
Other investments
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	$ 0	$ 0

Investments Other Investments (

Investments Other Investments (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Other investments
Schedule of Equity Method Investments [Line Items]
Investments in and advance to affiliates, subsidiaries, associates, and joint ventures	$ 25.1	$ 22.9

Investments Collateral (Details

Investments Collateral (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Investments [Abstract]
Deposit assets	$ 15.3	$ 15.8
Available-for-sale securities pledged as collateral	$ 3.6	$ 3.6

Fair Value of Financial Instr56

Fair Value of Financial Instruments Fair Value of Assets Measured on Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	$ 189,782	$ 183,773
Equities	6,261	4,240
Fair value, available-for-sale securities	196,043	188,013
US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	26,185	23,483
US States and Political Subdivisions Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	14,184	22,154
Total Corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	63,407	64,046
Corporate Debt Securities, Banking and Financial Services
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	22,741	21,914
Corporate Debt Securities, Consumer Goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	8,146	7,735
Corporate Debt Securities, Capital Goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	14,354	15,095
Corporate Debt Securities, Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	4,032	4,406
Corporate Debt Securities, Telecommunications and Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	10,416	11,875
Corporate Debt Securities, Health Care
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	3,718	3,021
Fixed Income, U.S., Mortgage Backed, Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	62,198	54,548
Fixed Income, U.S., Mortgage Backed, Agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	42,071	34,673
Commercial Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	20,127	19,875
Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	23,808	19,542
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	26,185	23,483
Equities	6,261	4,240
Fair value, available-for-sale securities	32,446	27,723
Level 1 | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	26,185	23,483
Level 1 | US States and Political Subdivisions Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Total Corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Corporate Debt Securities, Banking and Financial Services
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Corporate Debt Securities, Consumer Goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Corporate Debt Securities, Capital Goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Corporate Debt Securities, Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Corporate Debt Securities, Telecommunications and Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Corporate Debt Securities, Health Care
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Fixed Income, U.S., Mortgage Backed, Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Fixed Income, U.S., Mortgage Backed, Agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Commercial Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 1 | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	163,597	160,290
Equities	0	0
Fair value, available-for-sale securities	163,597	160,290
Level 2 | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 2 | US States and Political Subdivisions Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	14,184	22,154
Level 2 | Total Corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	63,407	64,046
Level 2 | Corporate Debt Securities, Banking and Financial Services
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	22,741	21,914
Level 2 | Corporate Debt Securities, Consumer Goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	8,146	7,735
Level 2 | Corporate Debt Securities, Capital Goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	14,354	15,095
Level 2 | Corporate Debt Securities, Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	4,032	4,406
Level 2 | Corporate Debt Securities, Telecommunications and Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	10,416	11,875
Level 2 | Corporate Debt Securities, Health Care
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	3,718	3,021
Level 2 | Fixed Income, U.S., Mortgage Backed, Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	62,198	54,548
Level 2 | Fixed Income, U.S., Mortgage Backed, Agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	42,071	34,673
Level 2 | Commercial Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	20,127	19,875
Level 2 | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	23,808	19,542
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Equities	0	0
Fair value, available-for-sale securities	0	0
Level 3 | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | US States and Political Subdivisions Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Total Corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Corporate Debt Securities, Banking and Financial Services
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Corporate Debt Securities, Consumer Goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Corporate Debt Securities, Capital Goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Corporate Debt Securities, Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Corporate Debt Securities, Telecommunications and Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Corporate Debt Securities, Health Care
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Fixed Income, U.S., Mortgage Backed, Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Fixed Income, U.S., Mortgage Backed, Agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Commercial Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	0	0
Level 3 | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed income securities	$ 0	$ 0

Income Taxes Rate Reconciliatio

Income Taxes Rate Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Provision for taxes at U.S. statutory marginal income tax rate	$ 2,539	$ 1,278
Nondeductible expenses	0	19
Tax-exempt income	(12)	0
State tax (net of federal benefit)	58	15
Nondeductible acquisition accounting adjustment	(141)	320
Other	0	(9)
Provision for income taxes for continuing operations	$ 2,444	$ 1,623
Provision for taxes at U.S. statutory marginal income tax rate, percent	35.00%	34.00%
Nondeductible expenses, percent	0.00%	0.50%
Tax-exempt income, percent	(0.20%)	(0.00%)
State tax (net of federal benefit), percent	0.80%	0.40%
Nondeductible purchase accounting adjustment, percent	(1.90%)	8.50%
Other, percent	0.00%	(0.30%)
Effective income tax rate	33.70%	43.10%

Income Taxes Components of Inco

Income Taxes Components of Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Current tax expense	$ 1,664	$ 1,634
Deferred tax expense (benefit)	780	(11)
Provision for income taxes for continuing operations	$ 2,444	$ 1,623

Income Taxes Deferred Tax Asse

Income Taxes Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Gross deferred tax assets:
Losses carried forward	$ 12,281	$ 12,656
Unpaid claims and unearned premiums	8,620	8,122
Tax credits	662	662
Investments	0	36
Commissions	1,220	1,306
Other	984	1,457
Total gross deferred tax assets	23,767	24,239
Gross deferred tax liabilities:
Deferred policy acquisition costs	3,808	3,582
Investments	945	0
Fixed assets	401	401
Intangible assets	1,431	1,465
Other	1,799	1,625
Total gross deferred tax liabilities	8,384	7,073
Net deferred tax assets	$ 15,383	$ 17,166

Income Taxes Schedule of Tax Ca

Income Taxes Schedule of Tax Carryforwards (Details) $ in Thousands	Mar. 31, 2016USD ($)
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	$ 35,088
Carryforward Expiring in 2021
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	4,409
Carryforward Expiring in 2022
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	4,317
Carryforward Expiring in 2026
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	7,825
Carryforward Expiring in 2027
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	5,131
Carryforward Expiring in 2028
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	1,949
Carryforward Expiring in 2029
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	1,949
Carryforward Expiring in 2030
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	1,949
Carryforward Expiring in 2031
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	4,669
Carryforward Expiring in 2032
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, subject to expiration	$ 2,890

Commitments and Contingencies N

Commitments and Contingencies Narrative (Details) - USD ($) $ in Thousands	May. 22, 2012	Mar. 31, 2016	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Deferred gain	$ 213
Lease term	5 years
Gain recognized in period		$ 11	$ 11
Rent expense		183	$ 183
Subscription agreements for limited liability investments		7,100
Unfunded commitments		$ 2,500

Commitments and Contingencies F

Commitments and Contingencies Future Minimum Lease Payments (Details) $ in Thousands	Mar. 31, 2016USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,016	$ 1,312
2,017	1,269
2,018	948
2,019	952
2,020	955
2021 & Beyond	1,058
Total	$ 6,494

Internal Use Software and Off63

Internal Use Software and Office Equipment (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Jul. 01, 2015
Property, Plant and Equipment [Line Items]
Internal use software	$ 7,623		$ 7,611
Leasehold improvements	519		507
Computer equipment	2,311		2,225
Furniture and other office equipment	595		593
Total	11,048		10,936
Accumulated depreciation	(8,610)		(8,347)
Balance, end of period	2,438		2,589
Depreciation and amortization expense	262	$ 200	966
Policy Management Software
Property, Plant and Equipment [Line Items]
Internal use software				$ 2,000
Software amortization	$ 98		$ 186

Reinsurance Ceded (Details)

Reinsurance Ceded (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Underwriting Policy and Reinsurance Ceded [Abstract]
Direct premiums written	$ 61,068	$ 44,868
Assumed premiums written	2,957	105
Ceded premiums written	(13,954)	(4,394)
Net premiums written	50,071	40,579
Direct premiums earned	52,784	34,053
Assumed premiums earned	618	129
Ceded premiums earned	(11,649)	(4,015)
Net premiums earned	41,753	30,167
Ceded losses and loss adjustment expenses	4,437	898
Ceding commissions	$ 1,933	$ 1,170

Unpaid Claims (Details)

Unpaid Claims (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Unpaid claims, beginning of period	$ 127,011	$ 102,430
Less: reinsurance recoverable	29,399	18,421
Net unpaid claims, beginning of period	97,612	84,009
Net reserves acquired	0	19,396
Change in retroactive reinsurance ceded	3	(14)
Incurred related to:
Current year	24,637	18,561
Prior years	303	(1,629)
Incurred total	24,940	16,932
Paid related to:
Current year	5,287	3,144
Prior years	24,161	15,895
Paid total	29,448	19,039
Net unpaid claims, end of period	93,107	101,284
Add: reinsurance recoverable	28,272	29,156
Unpaid claims, end of period	$ 121,379	$ 130,440

Share Based Compensation Schedu

Share Based Compensation Schedule of Outstanding Options and Restricted Shares (Details)	3 Months Ended
	Mar. 31, 2016$ / sharesshares	Mar. 31, 2016CAD / sharesshares	Mar. 31, 2015$ / sharesshares	Mar. 31, 2015CAD / sharesshares
Restricted shares and restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted shares outstanding (shares)	348,155	348,155	185,190	185,190
Restricted shares granted during period (shares)	0	0	200,000	200,000
Restricted shares vested during period (shares)	(37,035)	(37,035)	(37,035)	(37,035)
Restricted shares outstanding (shares)	311,120	311,120	348,155	348,155
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average fair value at grant date, restricted shares outstanding (USD per share) | $ / shares	$ 15.53		$ 12.20
Weighted average fair value at grant date, restricted shares granted during period (USD per share) | $ / shares	0		17.99
Weighted average fair value at grant date, restricted shares vested during period (USD per share) | $ / shares	12.20		12.20
Weighted average fair value at grant date, restricted shares outstanding (USD per share) | $ / shares	$ 15.92		$ 15.53
Prior to December 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Option, outstanding (in shares), beginning of period	187,728	187,728	224,623	224,623
Options, granted in period (in shares)	0	0	0	0
Options, exercised in period (shares)	0	0	0	0
Option, outstanding (in shares), end of period	187,728	187,728	224,623	224,623
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Options, outstanding, weighted average exercise price beginning balance | CAD / shares		CAD 6.22		CAD 6.05
Options, outstanding, weighted average exercise price, ending balance | CAD / shares		CAD 6.22		CAD 6.05
After December 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Option, outstanding (in shares), beginning of period	375,000	375,000	175,000	175,000
Options, granted in period (in shares)	0	0	200,000	200,000
Options, exercised in period (shares)	0	0	0	0
Option, outstanding (in shares), end of period	375,000	375,000	375,000	375,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Options, outstanding, weighted average exercise price beginning balance | $ / shares	$ 17.01		$ 13.26
Options, granted in period, weighted average exercise price | $ / shares			20.29
Options, outstanding, weighted average exercise price, ending balance | $ / shares	$ 17.01		$ 17.01

Share Based Compensation Narrat

Share Based Compensation Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, exercisable (in shares)	304,395
Outstanding options weighted average remaining contractual term	7 years 6 months 29 days
Options outstanding, intrinsic value	$ 3,400
Share-based compensation arrangement by share-based payment award, award vesting period	5 years
Stock based compensation expense	$ 448	$ 433
Stock based compensation cost not yet recognized, period of recognition	47 months
Stock Option Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation cost not yet recognized	$ 1,500
Restricted share and restricted share units grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation cost not yet recognized	$ 2,800
Each Anniversary of Grant Date | Equity Incentive Plan | Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights, percentage	20.00%
Ordinary Shares | March 12, 2015 | Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, options, grants in period (shares)	200,000
Share-based compensation arrangement by share-based payment award, other than options, non-vested, fair value	$ 1,500
Restricted Stock | March 12, 2015 | Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted in period (in shares)	200,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, non-vested, fair value	$ 1,900

Other Employee Benefit Plans De

Other Employee Benefit Plans Defined Contribution Plan (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Other Employee Benefit Plans [Abstract]
Percentage of employee contribution, matched by employer	100.00%
Percent of an employees annual earnings employer will match	2.50%
Percent of additional contributions made by employees that employer will match	50.00%
Defined contribution plan employer additional contribution matching percent of employees gross pay	2.50%
Maximum percentage of annual earnings per participant, employer will match	3.75%
Employee contribution vesting percentage	100.00%
Employers contribution vesting period	5 years
Company contributions	$ 111	$ 71

Other Employee Benefit Plans Em

Other Employee Benefit Plans Employee Stock Purchase Plan (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)
Other Employee Benefit Plans [Abstract]
Hours required to be worked by full time and permanent part time employees to be eligible to invest their adjusted salary in common stock	30 hours
Employee stock purchase plan maximum annual contribution percent of annual earnings per employee amount	0.075
Employee stock purchase plan, employer matching percentage of employee contribution	1
Employee stock purchase plan, employer matching contribution of employees gross pay	2.50%
Employee stock purchase plan, employer matching contribution percent, of employees additional contribution	50.00%
Employee stock purchase plan maximum expense of annual earnings per participant percentage	5.00%
Employee stock purchase plan employer maximum contribution percentage	5.00%
Employee stock purchase plan expense	$ 44	$ 33

Share Capital Schedule of Stock

Share Capital Schedule of Stock by Class (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares outstanding (in shares)	6,538,560	6,940,500
Common stock, shares authorized (in shares)	300,000,001
Common stock, shares outstanding (in shares)	12,023,295	12,015,888
Common stock, value, outstanding	$ 36	$ 36
Preferred Shares
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)	100,000,000
Preferred stock, shares outstanding (in shares)	6,538,560	6,940,500
Preferred stock, value, outstanding	$ 6,539	$ 6,941
Ordinary Voting Common Shares
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	266,666,667	266,666,667
Common stock, shares outstanding (in shares)	11,890,432	11,883,025
Common stock, value, outstanding	$ 36	$ 36
Restricted Voting Common Shares
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	33,333,334	33,333,334
Common stock, shares outstanding (in shares)	132,863	132,863
Common stock, value, outstanding	$ 0	$ 0

Share Capital (Details)

Share Capital (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Class of Stock [Line Items]
Preferred stock, shares issued (in shares)	6,538,560		6,940,500
Preferred stock, shares outstanding (in shares)	6,538,560		6,940,500
Preferred stock, dividend rate, (USD per share)	$ 0.045
Preferred stock, dividend rate, percentage	4.50%
Preferred stock, liquidation preference per share (USD per share)	$ 1		$ 1
Former Parent of Gateway
Class of Stock [Line Items]
Share conversion ratio	0.1270
Preferred stock, amount of accrued dividends	$ 37
Preferred stock, amount of preferred dividends in arrears	$ 351
Former Parent of Anchor
Class of Stock [Line Items]
Share conversion ratio	0.05
Preferred stock, amount of accrued dividends	$ 46
Preferred stock, amount of preferred dividends in arrears	$ 192
Anchor Holdings Group, Inc. et. al.
Class of Stock [Line Items]
Preferred stock, shares issued (in shares)	4,000,000	4,000,000
Gateway Insurance Company
Class of Stock [Line Items]
Preferred stock, shares issued (in shares)	2,538,560	940,500
Preferred stock, shares retired (in shares)	(401,940)
Restricted Stock Units
Class of Stock [Line Items]
Restricted shares outstanding (shares)	22,224		29,631
Share-based compensation, gross (in shares)	7,407	7,407
Restricted Stock
Class of Stock [Line Items]
Share-based compensation, gross (in shares)		200,000
Restricted Voting Common Stock
Class of Stock [Line Items]
Percentage of aggregate vote eligible to be voted by common shareholders, maximum	30.00%

Deferred Policy Acquisition C72

Deferred Policy Acquisition Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of period	$ 10,235	$ 8,166
Acquisition costs deferred	5,135	6,953
Amortization charged to income	4,053	3,918
Balance, end of period	$ 11,317	$ 11,201

Note Payable (Details)

Note Payable (Details) - USD ($)	Mar. 09, 2015	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Line of Credit Facility [Line Items]
Note payable		$ 17,636,000		$ 17,219,000
Loan Agreement
Line of Credit Facility [Line Items]
Minimum net worth requirement		60,000,000
Loan Agreement | American Insurance Acquisition
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 35,000,000
Note payable		15,500,000
Line of credit facility, remaining borrowing capacity		14,500,000
Interest expense, including non-utilization fees		233,000	$ 9,000
Bank fees		17,000	$ 6,000
Unamortized bank fees		$ 264,000
Deferred bank costs, amortization period remaining		47 months
Loan Agreement | American Insurance Acquisition | Line of Credit
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 30,000,000
Debt Instrument, Interest Rate, Effective Percentage		4.93%
Line of credit, non-utilization fee, percentage	0.50%
Loan Agreement | American Insurance Acquisition | Line of Credit | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	4.50%
Loan Agreement | American Insurance Acquisition | Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 5,000,000
Debt Instrument, Interest Rate, Effective Percentage		3.18%
Letter of credit, maximum borrowing capacity	$ 2,000,000
Note payable		$ 2,400,000
Line of credit facility, remaining borrowing capacity		2,600,000
Proceeds from Issuance of Debt		500,000
Repayments of Debt		$ 100,000
Loan Agreement | American Insurance Acquisition | Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	2.75%
Surplus Notes | Subsidiaries | Prime Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate		2.00%

Note Payable - Debt Outstanding

Note Payable - Debt Outstanding (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Line of Credit Facility [Line Items]
Note payable outstanding gross of unamortized issuance costs	$ 17,900	$ 17,500
Unamortized issuance costs	(264)	(281)
Note payable	17,636	17,219
Loan Agreement | American Insurance Acquisition
Line of Credit Facility [Line Items]
Note payable outstanding gross of unamortized issuance costs	15,500	15,500
Note payable	15,500
Loan Agreement | American Insurance Acquisition | Revolving Credit Facility
Line of Credit Facility [Line Items]
Note payable outstanding gross of unamortized issuance costs	2,400	$ 2,000
Note payable	$ 2,400

Statutory Information (Details)

Statutory Information (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Statutory Accounting Practices [Line Items]
Statutory capital and surplus, balance	$ 122	$ 118.5
Statutory net written premium amount	50.1	177.8
Statutory net income amount	3.6	$ 12.7
Illinois
Statutory Accounting Practices [Line Items]
Statutory capital and surplus required, minimum	1.5
Missouri
Statutory Accounting Practices [Line Items]
Statutory capital and surplus required, minimum	2.4
New York
Statutory Accounting Practices [Line Items]
Statutory capital and surplus required, minimum	$ 3.5

Change in Accounting Principl76

Change in Accounting Principle (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other assets	$ 7,912	$ 6,660
Assets	423,325	411,292
Note payable	17,636	17,219
Liabilities	286,984	281,670
Total Liabilities and Shareholders' Equity	423,325	411,292
Accounting Standards Update 2015-03 | Amounts before ASU 2015-03 application
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other assets	8,176	6,941
Assets	423,589	411,573
Note payable	17,900	17,500
Liabilities	287,248	281,951
Total Liabilities and Shareholders' Equity	423,589	411,573
Accounting Standards Update 2015-03 | Effect of ASU 2015-03 application
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other assets	(264)	(281)
Assets	(264)	(281)
Note payable	(264)	(281)
Liabilities	(264)	(281)
Total Liabilities and Shareholders' Equity	$ (264)	$ (281)