Gross unrealized holding gain (loss) arising in the period

$ 2,636

$ 4,388

Available-for-sale securities:

4,512

(2,366)

Related income tax effect

(1,579)

828

Less: reclassification adjustment for net realized gains included in net income

^[1]

(2,595)

(4,857)

Related income tax effect

^[2]

908

1,700

Total other comprehensive income (loss), net of tax

1,246

(4,695)

Total comprehensive income (loss)

$ 3,882

$ (307)

[1]	Realized gains on available-for-sale securities recognized in realized investment gains, net on the accompanying consolidated statements of operations.
[2]	Income tax effect on reclassification adjustment for net realized gains included in income tax expense on the accompanying consolidated statements of operations.

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Unearned Stock Grant Compensation [Member]	Treasury Stock [Member]	Total
Beginning Balance at Dec. 31, 2014	$ 55	$ 22,401	$ 56,491	$ 21,866	$ 9,279	$ (460)	$ (5,437)	$ 104,195
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	0	4,388	0	0	0	4,388
Other comprehensive income (loss) , net of tax	0	0	0	0	(4,695)	0	0	(4,695)
Dividends on common stock	0	0	0	(412)	0	0	0	(412)
Dividends on preferred stock	0	0	0	(399)	0	0	0	(399)
Restricted stock grants	0	0	103	0	0	(178)	75	0
Amortization of unearned compensation	0	0	0	0	0	365	0	365
Purchase of shares for treasury	0	0	0	0	0	0	(997)	(997)
Issuance of shares under stock plans	0	0	29	0	0	0	18	47
Ending Balance at Dec. 31, 2015	55	22,401	56,623	25,443	4,584	(273)	(6,341)	102,492
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	0	2,636	0	0	0	2,636
Other comprehensive income (loss) , net of tax	0	0	0	0	1,246	0	0	1,246
Dividends on common stock	0	0	0	(408)	0	0	0	(408)
Dividends on preferred stock	0	0	0	(399)	0	0	0	(399)
Restricted stock grants	0	0	461	0	0	(741)	280	0
Amortization of unearned compensation	0	0	0	0	0	586	0	586
Purchase of shares for treasury	0	0	0	0	0	0	(698)	(698)
Issuance of shares under stock plans	0	0	30	0	0	0	21	51
Ending Balance at Dec. 31, 2016	$ 55	$ 22,401	$ 57,114	$ 27,272	$ 5,830	$ (428)	$ (6,738)	$ 105,506

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Treasury shares purchased (in shares)	173,008	233,368
Shares issued under stock plans (in shares)	13,177	11,565

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net income	$ 2,636	$ 4,388
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of deferred acquisition costs	11,884	10,320
Acquisition costs deferred	(12,993)	(11,205)
Realized investment gains, net	(2,595)	(4,857)
Decrease in insurance reserves and policyholder funds	(666)	(749)
Compensation expense related to share awards	586	365
Depreciation and amortization	1,205	1,117
Deferred income tax (benefit) expense	(2)	304
(Increase) decrease in receivables, net	(407)	1,329
Increase in other liabilities	1,649	1,442
Other, net	19	(245)
Net cash provided by operating activities	1,316	2,209
Cash flows from investing activities:
Proceeds from investments sold	62,361	84,873
Proceeds from investments matured, called or redeemed	10,874	5,924
Investments purchased	(75,071)	(91,676)
Additions to property and equipment	(396)	(322)
Net cash used in investing activities	(2,232)	(1,201)
Cash flows from financing activities:
Payment of dividends on Series D Preferred Stock	(399)	(399)
Payment of dividends on common stock	(408)	(412)
Proceeds from shares issued under stock plans	51	47
Purchase of shares for treasury	(698)	(997)
Net cash used in financing activities	(1,454)	(1,761)
Net decrease in cash	(2,370)	(753)
Cash and cash equivalents at beginning of year	15,622	16,375
Cash and cash equivalents at end of year	13,252	15,622
Supplemental cash flow information:
Cash paid for interest	1,544	1,424
Cash paid for income taxes	$ 675	$ 1,465

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1. Summary of Significant Accounting Policies Principles of Consolidation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) which, for insurance companies, differ in some respects from the statutory accounting practices prescribed or permitted by regulatory authorities. These financial statements include the accounts of Atlantic American Corporation (“Atlantic American” or the “Parent”) and its subsidiaries (collectively with the Parent, the “Company”). All significant intercompany accounts and transactions have been eliminated in consolidation. Operating results achieved in any historical period are not necessarily indicative of results to be expected in any future period. At December 31, 2016, the Parent owned four insurance subsidiaries, Bankers Fidelity Life Insurance Company and its wholly-owned subsidiary, Bankers Fidelity Assurance Company (together known as “Bankers Fidelity”), and American Southern Insurance Company and its wholly-owned subsidiary, American Safety Insurance Company (together known as “American Southern”), in addition to one non-insurance subsidiary, xCalibre Risk Services, Inc. The Parent has issued a guarantee of all liabilities of Bankers Fidelity. Premium Revenue and Cost Recognition Life insurance premiums are recognized as revenue when due; accident and health insurance premiums are recognized as revenue over the premium paying period and property and casualty insurance premiums are recognized as revenue over the period of the contract in proportion to the amount of insurance protection provided. Losses, benefits and expenses are accrued as incurred and are associated with premiums as they are earned so as to result in recognition of profits over the lives of the contracts. For traditional life insurance and long-duration health insurance, this association is accomplished by the provision of a future policy benefits reserve and the deferral and subsequent amortization of the costs of acquiring business, which are referred to as “deferred policy acquisition costs” (principally commissions, premium taxes, and other incremental direct costs of issuing policies). Deferred policy acquisition costs are amortized over the estimated premium-paying period of the related policies using assumptions consistent with those used in computing the policy benefits reserve. The Company provides for insurance benefits and losses on accident, health, and property-casualty claims based upon estimates of projected ultimate losses. Deferred policy acquisition costs for property and casualty insurance and short-duration health insurance are amortized over the effective period of the related insurance policies. Contingent commissions, if contractually applicable, are ultimately payable to agents based on the underlying profitability of a particular insurance contract or a group of insurance contracts, and are periodically evaluated and accrued as earned. In periods in which revisions are made to the estimated loss reserves related to the particular insurance contract or group of insurance contracts subject to such commissions, corresponding adjustments are also made to the related accruals. Deferred policy acquisition costs are expensed when such costs are deemed not to be recoverable from future premiums (for traditional life and long-duration health insurance) and from the related unearned premiums and investment income (for property and casualty and short-duration health insurance). Intangibles Intangibles consist of goodwill and other indefinite-lived intangible assets. Goodwill represents the excess of cost over the fair value of net assets acquired and is not amortized. Other indefinite-lived intangibles represent the value of licenses and are not amortized. The Company periodically reviews its goodwill and other indefinite-lived intangibles to determine if any adverse conditions exist that could indicate impairment. Conditions that could trigger impairment include, but are not limited to, a significant change in business climate that could affect the value of the related asset, an adverse action, or an assessment by a regulator. No impairment of the Company’s recorded intangibles was identified during the periods presented. Investments The Company’s investments in both fixed maturities, which include bonds and redeemable preferred stocks, and equity securities, which include common and non-redeemable preferred stocks, are classified as “available-for-sale” and, accordingly, are carried at fair value with the after-tax difference from amortized cost, as adjusted if applicable, reflected in shareholders’ equity as a component of accumulated other comprehensive income or loss. The fair values of fixed maturities and equity securities are largely determined by either independent methods prescribed by the National Association of Insurance Commissioners (“NAIC”), which do not differ materially from publicly quoted market prices, when available, or independent broker quotations. The Company owns certain fixed maturities that do not have publicly quoted market values, but had an estimated fair value as determined by management of $1,264 and $2,237 at December 31, 2016 and 2015, respectively. Such values inherently involve a greater degree of judgment and uncertainty and therefore ultimately greater price volatility than the value of securities with publicly quoted market values. Policy loans and real estate are carried at historical cost. Other invested assets are comprised of investments in limited partnerships, limited liability companies, and real estate joint ventures, and are accounted for using the equity method. If the value of a common stock, preferred stock, other invested asset, or publicly traded bond declines below its cost or amortized cost, as applicable, and the decline is considered to be other than temporary, a realized loss is recorded to reduce the carrying value of the investment to its estimated fair value, which becomes the new cost basis. The evaluation for an other than temporary impairment is a quantitative and qualitative process, which is subject to risks and uncertainties in the determination of whether declines in the fair value of investments are other than temporary. Potential risks and uncertainties include, among other things, changes in general economic conditions, an issuer’s financial condition or near term recovery prospects and the effects of changes in interest rates. In evaluating a potential impairment, the Company considers, among other factors, management’s intent and ability to hold the securities until price recovery, the nature of the investment and the expectation of prospects for the issuer and its industry, the status of an issuer’s continued satisfaction of its obligations in accordance with their contractual terms, and management’s expectation as to the issuer’s ability and intent to continue to do so, as well as ratings actions that may affect the issuer’s credit status. Premiums and discounts related to investments are amortized or accreted over the life of the related investment as an adjustment to yield using the effective interest method. Dividends and interest income are recognized when earned or declared. The cost of securities sold is based on specific identification. Unrealized gains (losses) in the value of invested assets are accounted for as a direct increase (decrease) in accumulated other comprehensive income in shareholders’ equity, net of deferred tax and, accordingly, have no effect on net income. Income Taxes Deferred income taxes represent the expected future tax consequences when the reported amounts of assets and liabilities are recovered or paid. They arise from differences between the financial reporting and tax basis of assets and liabilities and are adjusted for changes in tax laws and tax rates as those changes are enacted. The provision for income taxes represents the total amount of income taxes due related to the current year, plus the change in deferred income taxes during the year. A valuation allowance is recognized if, based on management’s assessment of the relevant facts, it is more likely than not that some portion of a deferred tax asset will not be realized. Earnings Per Common Share Basic earnings per common share are based on the weighted average number of common and participating shares outstanding during the relevant period. Diluted earnings per common share are based on the weighted average number of common and participating shares outstanding during the relevant period, plus options outstanding, if applicable, using the treasury stock method and the assumed conversion of the Series D preferred stock, if dilutive. Unless otherwise indicated, earnings per common share amounts are presented on a diluted basis. Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and investments in short-term, highly liquid securities with original maturities of three months or less from date of purchase. Recently Issued Accounting Standards In January 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017-04”). ASU 2017-04 is intended to simplify the evaluation of goodwill. The updated guidance requires recognition and measurement of goodwill impairment based on the excess of the carrying value of the reporting unit compared to its estimated fair value, with the amount of the impairment not to exceed the carrying value of the reporting unit’s goodwill. Under existing guidance, if the reporting unit’s carrying value exceeds its estimated fair value, the Company allocates the fair value of the reporting unit to all of the assets and liabilities of the reporting unit to determine an implied goodwill value. An impairment loss is then recognized for the excess, if any, of the carrying value of the reporting unit’s goodwill compared to the implied goodwill value. The amendments in ASU 2017-04 are effective for interim and annual reporting periods beginning after December 15, 2019. The Company expects to adopt the updated guidance January 1, 2020 on a prospective basis as required, although earlier adoption is permitted. Based on current levels of reported intangibles, the Company does not expect the adoption of this ASU to have a material impact on its consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 is intended to reduce diversity in practice in how certain transactions are classified in the statement of cash flows. The issues addressed in ASU 2016-15 are: 1) debt prepayment or debt extinguishment costs, 2) settlement of zero-coupon debt instruments, 3) contingent consideration payments made after a business combination, 4) proceeds from the settlement of insurance claims, 5) proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies, 6) distributions received from equity method investees, 7) beneficial interests in securitization transactions and 8) separately identifiable cash flows and application of the predominance principle. The amendments in ASU 2016-15 are effective for interim and annual reporting periods beginning after December 15, 2017. The Company does not expect the adoption of this ASU to have an impact on its consolidated statements of cash flows. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). ASU 2016-13 requires entities to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. Under current GAAP, entities generally recognize credit losses when it is probable that the loss has been incurred. ASU 2016-13 will remove all recognition thresholds and will require entities to recognize an allowance for credit losses equal to the difference between the amortized cost basis of a financial instrument and the amount of amortized cost that the entity expects to collect over the instrument’s contractual life. ASU 2016-13 also amends the credit loss measurement guidance for available-for-sale (“AFS”) debt securities and beneficial interests in securitized financial assets. Credit losses on AFS debt securities carried at fair value will continue to be measured as other-than-temporary impairments (“OTTI”) when incurred; however, the losses will be recognized through an allowance and no longer as an adjustment to the cost basis. Recoveries of OTTI will be recognized as reversals of valuation allowances and no longer accreted as investment income through an adjustment to the investment yield. The allowance on AFS debt securities cannot cause the net carrying value to be below fair value and, therefore, it is possible that increases in fair value due to decreases in market interest rates could cause the reversal of a valuation allowance and increase net income. The new guidance will also require purchased financial assets with a more-than-insignificant amount of credit deterioration since original issuance to be recorded based on contractual amounts due and an initial allowance recorded at the date of purchase. For the Company, the amendments in ASU 2016-13 will be effective for interim and annual reporting periods beginning after December 15, 2019. Early adoption is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company has not yet determined the timing of adoption. Implementation matters yet to be addressed include determining the impact of valuation allowances on the effective interest method for recognizing interest income from AFS debt securities as well as updating our investment accounting system functionality to adjust valuation allowances based on changes in fair value. The estimated effect on the Company’s financial statements can only be estimated based on the current investment portfolio at any given point in time, and accordingly, has not currently been determined. In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). This guidance applies to all entities that issue share-based payment awards to their employees and is designed to simplify several areas of the accounting for share-based payment transactions, including income tax consequences, forfeitures, classification of awards as either equity or liabilities and related classification on the statement of cash flows. The updated guidance requires the excess tax benefit or deficiency on vesting or settlement of awards to be recognized in earnings as an income tax benefit or expense, respectively and is effective for interim and annual reporting periods beginning after December 15, 2016. The Company will adopt ASU 2016-09 as of January 1, 2017. The impact of the adoption will depend on the excess tax benefits or deficiencies realized on vesting or settlement of awards resulting from the difference between the market value of awards at vesting or settlement and the grant date fair value recognized through compensation expense. Such amounts have historically not been significant. In March 2016, the FASB issued ASU No. 2016-07, Investments – Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting (“ASU 2016-07”). This guidance eliminates the requirement to retroactively adopt the equity method of accounting when an investment qualifies for the use of the equity method as a result of an increase in the level of ownership or degree of influence. Under ASU 2016-07, the equity method investor is required to add the cost of acquiring the additional interest in the investee to the current basis of the previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. ASU 2016-07 is effective for interim and annual reporting periods beginning after December 15, 2016. The Company does not expect the adoption of ASU 2016-07 to have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. ASU 2016-02 offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Under ASU 2016-02, lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. Under the new guidance, lessees with operating leases will be required to recognize a liability for the present value of future minimum lease payments with a corresponding asset for the right of use of the property. Under existing guidance, future minimum lease payments on operating leases are commitments that are not recognized as liabilities on the balance sheet. ASU 2016-02 is effective for annual reporting periods beginning after December 15, 2018 and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption of ASU 2016-02 to have a material impact on its consolidated financial statements; however, it is expected that assets and liabilities will increase based on the present value of remaining lease payments for the minor number of leases which will be in place at the adoption date. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments – Overall (Subtopic 825-10) (“ASU 2016-01”). ASU 2016-01 provides updated guidance for the recognition and measurement of financial instruments. The guidance requires investments in equity securities to be measured at fair value with changes in fair value reported in net income except for those equity securities that result in consolidation or are accounted for under the equity method of accounting. Under existing guidance, the Company measures investments in equity securities, available-for-sale, at fair value with changes in fair value reported in accumulated other comprehensive income. The Company is required to adopt the guidance effective January 1, 2018 through a cumulative effect adjustment to retained earnings. Early adoption is not allowed. The impact to the Company will be increased volatility in net income beginning in 2018. As of December 31, 2016, equity securities, available-for-sale, totaled $20,257, with unrealized gains, net of tax, of $5,723 in accumulated other comprehensive income that would have been classified in retained earnings. Had the new accounting guidance been in place since the beginning of 2016, the Company would have recognized mark-to-market losses of $2,193 after-tax in net income for the year ended December 31, 2016. In May 2015, the FASB issued ASU No. 2015-09, Financial Services – Insurance (Topic 944): Disclosures about Short-Duration Contracts (“ASU 2015-09”). The main objective of ASU 2015-09 is to enhance disclosures about the liability for unpaid claims and claim adjustment expenses, specifically the development of claims, the frequency and severity of claims, and expanded disclosures about reserves that are discounted. ASU 2015-09 also requires insurance entities, such as the Company, to disclose information about significant changes in methodologies and assumptions used to calculate the liability for unpaid claims and claim adjustment expenses, including reasons for the change and effects on the financial statements. The amendments in ASU 2015-09 are effective for annual reporting periods beginning after December 15, 2015, and interim reporting periods within annual reporting periods beginning after December 15, 2016. The Company adopted ASU 2015-09 effective January 1, 2016. Since ASU 2015-09 was a disclosure only update, its adoption did not have a material impact on the Company’s consolidated financial statements. See Note 3 for enhanced disclosures. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). ASU 2014-09 as modified provides guidance for recognizing revenue. The guidance excludes insurance contracts and financial instruments. Revenue is to be recognized when, or as, goods or services are transferred to customers in an amount that reflects the consideration that an entity is expected to be entitled in exchange for those goods or services. This guidance is effective retrospectively on January 1, 2018, with a choice of restating prior periods or recognizing a cumulative effect for contracts in place as of adoption. Early adoption is permitted as of January 1, 2017. The Company will adopt this ASU on January 1, 2018. Given the nature of the Company’s insurance operations, the adoption is not expected to have a material impact on the Company’s consolidated financial statements. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. Significant estimates and assumptions are used in developing and evaluating deferred income taxes, deferred acquisition costs, insurance reserves, investments, and receivables, among others, and actual results could differ materially from management’s estimates.

Investments

12 Months Ended

Dec. 31, 2016

Investments [Abstract ]

Investments

Note 2. Investments

The following tables set forth the carrying value, gross unrealized gains, gross unrealized losses and cost or amortized cost of the Company’s investments, aggregated by type and industry, as of December 31, 2016 and December 31, 2015.

Investments were comprised of the following:

	2016
	Carrying Value		Gross Unrealized Gains		Gross Unrealized Losses		Cost or Amortized Cost
Fixed maturities:
Bonds:
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	31,102	$	197	$	553	$	31,458
Obligations of states and political subdivisions		17,572		625		308		17,255
Corporate securities:
Utilities and telecom		18,034		1,462		88		16,660
Financial services		57,282		1,880		911		56,313
Other business – diversified		57,419		1,071		2,337		58,685
Other consumer – diversified		29,069		471		1,344		29,942
Total corporate securities		161,804		4,884		4,680		161,600
Redeemable preferred stocks:
Other consumer – diversified		192		—		—		192
Total redeemable preferred stocks		192		—		—		192
Total fixed maturities		210,670		5,706		5,541		210,505
Equity securities:
Common and non-redeemable preferred stocks:
Utilities and telecom		1,601		637		—		964
Financial services		5,402		574		—		4,828
Other business – diversified		244		197		—		47
Other consumer – diversified		13,010		7,396		—		5,614
Total equity securities		20,257		8,804		—		11,453
Other invested assets		9,709		—		—		9,709
Policy loans		2,265		—		—		2,265
Real estate		38		—		—		38
Investments in unconsolidated trusts		1,238		—		—		1,238
Total investments	$	244,177	$	14,510	$	5,541	$	235,208

	2015
	Carrying Value		Gross Unrealized Gains		Gross Unrealized Losses		Cost or Amortized Cost
Fixed maturities:
Bonds:
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	22,234	$	290	$	175	$	22,119
Obligations of states and political subdivisions		25,479		621		552		25,410
Corporate securities:
Utilities and telecom		17,589		1,357		692		16,924
Financial services		54,035		1,797		1,351		53,589
Other business – diversified		60,960		729		5,898		66,129
Other consumer – diversified		24,581		136		1,391		25,836
Total corporate securities		157,165		4,019		9,332		162,478
Redeemable preferred stocks:
Financial services		253		3		—		250
Other consumer – diversified		193		—		—		193
Total redeemable preferred stocks		446		3		—		443
Total fixed maturities		205,324		4,933		10,059		210,450
Equity securities:
Common and non-redeemable preferred stocks:
Utilities and telecom		1,386		422		—		964
Financial services		5,175		847		—		4,328
Other business – diversified		198		151		—		47
Other consumer – diversified		16,372		10,758		—		5,614
Total equity securities		23,131		12,178		—		10,953
Other invested assets		6,454		—		—		6,454
Policy loans		2,200		—		—		2,200
Real estate		38		—		—		38
Investments in unconsolidated trusts		1,238		—		—		1,238
Total investments	$	238,385	$	17,111	$	10,059	$	231,333

Bonds having an amortized cost of $11,435 and $11,259 and included in the tables above were on deposit with insurance regulatory authorities at December 31, 2016 and 2015, respectively, in accordance with statutory requirements.

The following table sets forth the carrying value, cost or amortized cost, and net unrealized gains (losses) of the Company’s investments aggregated by industry as of December 31, 2016 and 2015.

	2016							2015
	Carrying Value		Cost or Amortized Cost		Unrealized Gains (Losses)			Carrying Value		Cost or Amortized Cost		Unrealized Gains (Losses)
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	31,102	$	31,458	$	(356	)	$	22,234	$	22,119	$	115
Obligations of states and political subdivisions		17,572		17,255		317			25,479		25,410		69
Utilities and telecom		19,635		17,624		2,011			18,975		17,888		1,087
Financial services		62,684		61,141		1,543			59,463		58,167		1,296
Other business – diversified		57,663		58,732		(1,069	)		61,158		66,176		(5,018	)
Other consumer – diversified		42,271		35,748		6,523			41,146		31,643		9,503
Other investments		13,250		13,250		—			9,930		9,930		—
Total investments	$	244,177	$	235,208	$	8,969		$	238,385	$	231,333	$	7,052

The following tables present the Company’s unrealized loss aging for securities by type and length of time the security was in a continuous unrealized loss position as of December 31, 2016 and 2015.

	2016
	Less than 12 months				12 months or longer				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	23,494	$	553	$	—	$	—	$	23,494	$	553
Obligations of states and political subdivisions		8,747		308		—		—		8,747		308
Corporate securities		59,404		2,124		20,587		2,556		79,991		4,680
Total temporarily impaired securities	$	91,645	$	2,985	$	20,587	$	2,556	$	112,232	$	5,541

	2015
	Less than 12 months				12 months or longer				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	9,209	$	120	$	2,243	$	55	$	11,452	$	175
Obligations of states and political subdivisions		16,079		552		—		—		16,079		552
Corporate securities		79,482		4,284		16,131		5,048		95,613		9,332
Total temporarily impaired securities	$	104,770	$	4,956	$	18,374	$	5,103	$	123,144	$	10,059

The evaluation for an other than temporary impairment is a quantitative and qualitative process, which is subject to risks and uncertainties in the determination of whether declines in the fair value of investments are other than temporary. Potential risks and uncertainties include, among other things, changes in general economic conditions, an issuer’s financial condition or near term recovery prospects and the effects of changes in interest rates. In evaluating a potential impairment, the Company considers, among other factors, management’s intent and ability to hold the securities until price recovery, the nature of the investment and the expectation of prospects for the issuer and its industry, the status of an issuer’s continued satisfaction of its obligations in accordance with their contractual terms, and management’s expectation as to the issuer’s ability and intent to continue to do so, as well as ratings actions that may affect the issuer’s credit status.

As of December 31, 2016, there were seventy-seven securities in an unrealized loss position which primarily included certain of the Company’s investments in fixed maturities within the other diversified business, other diversified consumer and financial services sectors. Securities in an unrealized loss position reported in the other diversified business sector included gross unrealized losses of $1,194 related to investments in fixed maturities of seven different issuers, all related to the oil and gas industry. These oil and gas companies represent a diversified group of businesses which include, among others, refiners, pipeline owners and operators, deep water offshore rig owners and operators, all of which we believe are in continuing stages of rationalizing their current operations, investments, future capital expenditures and carefully managing their capital and liquidity positions. Based on publicly available information, the companies are continuing to assess and revise short-term, intermediate and long-term business plans in response to the current trends in oil and gas markets. While these companies have generally experienced credit downgrades or may be currently under credit rating review, the Company believes that many of the downgrades are in response to external market forces and not necessarily specific credit events of any obligor which would currently indicate that an other than temporary impairment need be recorded. All of the investees have continued to make regular interest payments on their debt when and as due and the Company continues to perform in-depth analysis of the publicly available financial disclosures of each of the investees on a regular basis. The Company does not currently intend to sell nor does it expect to be required to sell any of the securities in an unrealized loss position. Based upon the Company’s expected continuation of receipt of contractually required principal and interest payments and its intent and ability to retain the securities until price recovery, as well as the Company’s evaluation of other relevant factors, including those described above, the Company has deemed these securities to be temporarily impaired as of December 31, 2016.

The following describes the fair value hierarchy and provides information as to the extent to which the Company uses fair value to measure the value of its financial instruments and information about the inputs used to value those financial instruments. The fair value hierarchy prioritizes the inputs in the valuation techniques used to measure fair value into three broad levels.

Level 1

Observable inputs that reflect quoted prices for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date. The Company’s financial instruments valued using Level 1 criteria include cash equivalents and exchange traded common stocks.

Level 2

Observable inputs, other than quoted prices included in Level 1, for an asset or liability or prices for similar assets or liabilities. The Company’s financial instruments valued using Level 2 criteria include significantly all of its fixed maturities, which consist of U.S. Treasury securities and U.S. Government securities, obligations of states and political subdivisions, and certain corporate fixed maturities, as well as its non-redeemable preferred stocks. In determining fair value measurements of its fixed maturities and non-redeemable preferred stocks using Level 2 criteria, the Company utilizes data from outside sources, including nationally recognized pricing services and broker/dealers. Prices for the majority of the Company’s Level 2 fixed maturities and non-redeemable preferred stocks were determined using unadjusted prices received from pricing services that utilize a matrix pricing concept, which is a mathematical technique used widely in the industry to value debt securities based on various relationships to other benchmark quoted prices.

Level 3

Valuations that are derived from techniques in which one or more of the significant inputs are unobservable (including assumptions about risk). Fair value is based on criteria that use assumptions or other data that are not readily observable from objective sources. The Company’s financial instruments valued using Level 3 criteria consist of a limited number of fixed maturities. As of December 31, 2016 and December 31, 2015, the value of the Company’s fixed maturities valued using Level 3 criteria was $1,264 and $2,237, respectively. The use of different criteria or assumptions regarding data may have yielded materially different valuations.

As of December 31, 2016, financial instruments carried at fair value were measured on a recurring basis as summarized below:

Assets:	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total
Fixed maturities	$	—	$	209,406		$	1,264	⁽¹⁾	$	210,670
Equity securities		15,153		5,104	⁽¹⁾		—			20,257
Cash equivalents		9,811		—			—			9,811
Total	$	24,964	$	214,510		$	1,264		$	240,738

⁽¹⁾

All underlying securities are financial service industry related.

As of December 31, 2015, financial instruments carried at fair value were measured on a recurring basis as summarized below:

Assets:	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total
Fixed maturities	$	—	$	203,087		$	2,237	⁽¹⁾	$	205,324
Equity securities		18,245		4,886	⁽¹⁾		—			23,131
Cash equivalents		13,772		—			—			13,772
Total	$	32,017	$	207,973		$	2,237		$	242,227

⁽¹⁾

All underlying securities are financial service industry related.

The following is a roll-forward of the Company’s financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3) from January 1, 2015 to December 31, 2016.

	Fixed Maturities
Balance, January 1, 2015	$	2,214
Total unrealized gains included in other comprehensive loss		23
Balance, December 31, 2015		2,237
Total realized gains included in earnings		57
Total unrealized losses included in other comprehensive income		(30	)
Settlements		(1,000	)
Balance, December 31, 2016	$	1,264

The Company’s fixed maturities valued using Level 3 inputs consist solely of issuances of pooled debt obligations of multiple, smaller financial services companies. They are not actively traded and valuation techniques used to measure fair value are based on future estimated cash flows (based on current cash flows) discounted at reasonable estimated rates of interest. There are no assumed prepayments and/or default probability assumptions as a majority of these instruments contain certain U.S. government agency strips to support repayment of the principal. Other qualitative and quantitative information received from the original underwriter of the pooled offerings is also considered, as applicable.

The carrying value and amortized cost of the Company’s investments in fixed maturities at December 31, 2016 and 2015 by contractual maturity were as follows. Actual maturities may differ from contractual maturities because issuers may call or prepay obligations with or without call or prepayment penalties.

	2016				2015
	Carrying Value		Amortized Cost		Carrying Value		Amortized Cost
Due in one year or less	$	2,544	$	2,507	$	4,143	$	4,113
Due after one year through five years		20,278		20,038		20,557		20,591
Due after five years through ten years		90,667		90,926		99,614		103,066
Due after ten years		80,099		79,627		79,882		81,684
Varying maturities		17,082		17,407		1,128		996
Totals	$	210,670	$	210,505	$	205,324	$	210,450

Investment income was earned from the following sources:

	2016			2015
Fixed maturities	$	9,122		$	9,327
Equity securities		491			488
Other		271			270
Total investment income		9,884			10,085
Less investment expenses, included in other expenses		(577	)		(552	)
Net investment income	$	9,307		$	9,533

A summary of realized investment gains (losses) follows:

	2016
	Fixed Maturities			Equity Securities		Other Invested Assets		Total
Gains	$	1,119		$	—	$	1,565	$	2,684
Losses		(89	)		—		—		(89	)
Realized investment gains, net	$	1,030		$	—	$	1,565	$	2,595

	2015
	Fixed Maturities			Equity Securities			Other Invested Assets		Total
Gains	$	2,347		$	—		$	3,154	$	5,501
Losses		(628	)		(16	)		—		(644	)
Realized investment gains, net	$	1,719		$	(16	)	$	3,154	$	4,857

Proceeds from the sales of investments were as follows:

	2016		2015
Fixed maturities	$	59,072	$	80,995
Other investments		3,289		3,878
Total proceeds	$	62,361	$	84,873

The Company’s bond portfolio included 88% investment grade securities, as defined by the NAIC, at December 31, 2016.

The entire disclosure for investments in certain debt and equity securities.

Insurance Reserves And Policyholder Funds [Abstract]

Insurance Reserves and Policyholder Funds

12 Months Ended

Dec. 31, 2016

Insurance Reserves and Policyholder Funds

Note 3. Insurance Reserves and Policyholder Funds

The following table presents the Company’s reserves for life, accident and health, and property and casualty losses, claims and loss adjustment expenses at December 31, 2016 and 2015.

					Amount of Insurance In Force, Net
	2016		2015		2016		2015
Future policy benefits
Life insurance policies:
Ordinary	$	54,554	$	54,130	$	245,017	$	247,590
Mass market		2,003		2,205		2,463		2,758
Individual annuities		84		103		—		—
		56,641		56,438	$	247,480	$	250,348
Accident and health insurance policies		18,202		15,698
		74,843		72,136
Unearned premiums		23,208		25,348
Losses, claims and loss adjustment expenses		62,562		63,870
Other policy liabilities		2,066		1,991
Total insurance reserves and policyholder funds	$	162,679	$	163,345

Annualized premiums for accident and health insurance policies were $95,956 and $87,480 at December 31, 2016 and 2015, respectively.

Future Policy Benefits

Liabilities for life insurance future policy benefits are based upon assumed future investment yields, mortality rates, and withdrawal rates after giving effect to possible risks of unexpected claim experience. The assumed mortality and withdrawal rates are based upon the Company’s experience. The interest rates assumed for life, accident and health future policy benefits are generally: (i) 2.5% to 5.5% for issues prior to 1977, (ii) 7% graded to 5.5% for 1977 through 1979 issues, (iii) 9% for 1980 through 1987 issues, (iv) 5% to 7% for 1988 through 2009 issues, (v) 4% for 2010 through 2012 issues, and (vi) 3.5% for 2013 through 2016 issues.

Loss and Claim Reserves

Loss and claim reserves represent estimates of projected ultimate losses and are based upon: (a) management’s estimate of ultimate liability and claims adjusters’ evaluations for unpaid claims reported prior to the close of the accounting period, (b) estimates of incurred but not reported (“IBNR”) claims based on past experience, and (c) estimates of loss adjustment expenses. The estimated liability is periodically reviewed by management and updated, with changes to the estimated liability recorded in the statement of operations in the year in which such changes are known.

Activity in the liability for unpaid loss and claim reserves is summarized as follows:

	2016			2015
Balance at January 1	$	63,870		$	66,625
Less: Reinsurance recoverable on unpaid losses		(11,741	)		(14,302	)
Net balance at January 1		52,129			52,323

Incurred related to:
Current year		103,252			99,447
Prior years		(3,377	)		(701	)
Total incurred		99,875			98,746

Paid related to:
Current year		71,980			68,159
Prior years		28,258			30,781
Total paid		100,238			98,940
Net balance at December 31		51,766			52,129
Plus: Reinsurance recoverable on unpaid losses		10,796			11,741
Balance at December 31	$	62,562		$	63,870

Prior years’ development was primarily the result of better than expected development on prior years loss and claim reserves for certain lines of business in both American Southern and Bankers Fidelity.

Following is a reconciliation of total incurred losses to total insurance benefits and losses incurred:

	2016		2015
Total incurred losses	$	99,875	$	98,746
Cash surrender value and matured endowments		1,278		1,390
Benefit reserve changes		2,044		1,228
Total insurance benefits and losses incurred	$	103,197	$	101,364

Liability for Unpaid Losses, Claims and Loss Adjustment Expenses

The following is information, by significant product lines, about incurred and paid claims development as of December 31, 2016, net of reinsurance, as well as the cumulative number of reported claims and the total of IBNR reserves plus expected development on reported claims included within the net incurred claims amounts.

The information about incurred and paid claims development for the years ended December 31, 2007 to 2016 is presented as supplementary information.

Medicare Supplement

	For the Years Ended December 31,
	(Unaudited)																				As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																				IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2007	$	29,616	$	29,169	$	29,230	$	29,225	$	29,214	$	29,213	$	29,213	$	29,212	$	29,111	$	29,211	$	—		526,227
2008				29,344		28,698		28,721		28,712		28,688		28,687		28,683		28,683		28,682		—		528,104
2009						31,124		30,455		30,481		30,447		30,438		30,432		30,431		30,430		—		555,808
2010								34,849		34,328		34,323		34,303		34,282		34,272		34,268		—		620,799
2011										38,188		38,296		38,360		38,327		38,316		38,302		—		658,696
2012												50,021		50,996		51,021		50,998		50,989		—		860,258
2013														56,974		56,970		57,034		57,023		—		949,778
2014																57,179		56,938		56,981		—		933,020
2015																		55,482		54,939		62		890,878
2016																				58,849		9,520		879,603
																			$	439,674

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016
2007	$	24,324	$	29,169	$	29,230	$	29,255	$	29,214	$	29,213	$	29,213	$	29,212	$	29,211	$	29,211
2008				24,055		28,698		28,721		28,712		28,688		28,687		28,683		28,683		28,682
2009						29,866		30,455		30,481		30,447		30,438		30,432		30,431		30,430
2010								29,127		34,328		34,323		34,303		34,282		34,272		34,268
2011										31,720		38,296		38,360		38,327		38,316		38,302
2012												42,267		50,996		51,021		50,998		50,989
2013														47,770		56,970		57,034		57,023
2014																48,024		56,938		56,981
2015																		45,430		54,876
2016																				49,165
																			$	429,927
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																			$	9,747

The cumulative number of reported claims for the Medicare Supplement line of business is the count of distinct claims incurred and submitted to Medicare for payment in the given year. Multiple payments on the same claim are not counted in the frequency information. Estimated ultimate claims incurred, using claims data reported during each month of any given year, are calculated using the chain ladder method modified to use seasonality and trend-adjusted expected claims for the final two months. Additional adjustments to the estimated ultimate claims incurred are then applied to account for seasonal changes in billing and payment frequencies. The IBNR reserve is calculated as estimated ultimate claims less paid claims and claims in course of settlement. Thirty-six months of loss data are used to develop the estimated ultimate incurred claims. Similar approaches are used for other less significant health products, subject to modifications to account for unique aspects of the product.

Automobile Liability

	For the Years Ended December 31,
	(Unaudited)																				As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																				IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2007	$	6,711	$	6,733	$	7,415	$	7,407	$	7,253	$	7,296	$	7,299	$	7,314	$	7,303	$	7,290	$	—		1,663
2008				9,723		7,011		6,627		6,374		6,124		6,112		6,106		6,104		6,105		—		1,534
2009						10,817		8,891		8,659		8,558		8,245		8,123		8,155		8,154		—		1,754
2010								10,752		10,818		10,547		9,937		10,068		10,185		10,202		18		1,946
2011										12,263		13,802		13,235		13,289		13,281		13,495		65		2,129
2012												12,980		15,007		14,108		13,707		13,313		19		2,338
2013														18,664		20,702		21,096		21,823		906		3,251
2014																20,812		21,881		22,041		1,683		3,522
2015																		18,521		19,857		2,992		3,431
2016																				20,549		7,421		3,374
																			$	142,829

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016
2007	$	2,631	$	4,792	$	5,957	$	6,519	$	6,824	$	7,008	$	7,230	$	7,247	$	7,249	$	7,290
2008				2,426		4,202		5,077		5,695		5,839		6,065		6,104		6,104		6,105
2009						3,250		5,208		6,353		7,502		7,995		8,123		8,155		8,154
2010								3,211		6,274		8,291		9,382		9,725		10,056		10,090
2011										4,205		7,934		9,858		12,071		13,039		13,106
2012												4,627		8,791		11,507		12,932		13,197
2013														5,144		12,193		16,782		19,407
2014																6,822		13,807		17,554
2015																		6,226		11,878
2016																				6,796
																			$	113,577
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																			$	29,252

Automobile Physical Damage

	For the Years Ended December 31,
	(Unaudited)										As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance										IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2012	$	5,478	$	5,114	$	5,113	$	5,070	$	5,070	$	—		1,129
2013				6,039		5,515		5,536		5,599		—		1,598
2014						8,079		7,657		7,583		1		1,633
2015								8,287		7,955		2		1,583
2016										6,877		196		1,187
									$	33,084

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2012		2013		2014		2015		2016
2012	$	4,610	$	5,075	$	5,089	$	5,067	$	5,067
2013				4,778		5,486		5,466		5,599
2014						6,437		7,619		7,570
2015								6,745		7,937
2016										5,804
									$	31,977
All outstanding liabilities before 2012, net of reinsurance										41
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance									$	1,148

General Liability

	For the Years Ended December 31,
	(Unaudited)																				As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																				IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2007	$	6,549	$	5,124	$	4,648	$	4,293	$	3,960	$	4,257	$	4,377	$	4,457	$	4,443	$	4,503	$	17		488
2008				5,386		4,359		2,858		2,685		2,479		2,489		2,507		2,548		2,647		20		387
2009						3,392		2,215		1,944		1,730		1,702		1,727		1,828		1,832		4		283
2010								4,114		2,699		2,269		2,337		2,258		2,400		2,423		10		288
2011										3,022		1,723		1,452		1,338		1,174		1,242		17		198
2012												4,055		1,305		1,269		1,270		1,214		23		155
2013														3,461		728		926		817		2		186
2014																3,744		501		557		128		189
2015																		4,421		1,037		467		136
2016																				3,119		2,660		63
																			$	19,391

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016
2007	$	901	$	1,825	$	2,566	$	2,993	$	3,387	$	3,595	$	3,966	$	4,214	$	4,371	$	4,426
2008				534		1,091		1,637		1,861		2,023		2,123		2,418		2,506		2,564
2009						476		941		1,082		1,410		1,629		1,662		1,796		1,816
2010								284		678		1,374		1,542		2,037		2,368		2,382
2011										295		412		582		835		1,161		1,169
2012												371		707		847		1,034		1,113
2013														104		339		579		811
2014																171		299		331
2015																		98		259
2016																				116
																			$	14,987
All outstanding liabilities before 2007, net of reinsurance																				238
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																			$	4,642

Surety

	For the Years Ended December 31,
	(Unaudited)																				As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																				IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2007	$	3,287	$	1,953	$	893	$	983	$	1,084	$	868	$	856	$	818	$	814	$	769	$	—		37
2008				3,883		2,098		2,420		2,312		2,312		2,360		2,360		2,324		2,324		—		62
2009						4,920		5,025		4,239		3,951		3,616		4,636		4,916		4,664		—		83
2010								3,995		4,624		3,618		3,396		3,607		3,549		3,563		—		93
2011										4,422		4,786		5,080		5,092		4,966		5,031		1		124
2012												4,979		4,767		5,396		5,345		4,869		—		86
2013														3,060		2,007		2,743		2,947		31		56
2014																3,214		3,130		2,990		75		46
2015																		1,902		1,630		377		48
2016																				3,314		1,703		41
																			$	32,101

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016
2007	$	255	$	519	$	664	$	698	$	937	$	849	$	853	$	816	$	814	$	769
2008				503		1,369		2,261		2,232		2,311		2,359		2,360		2,324		2,324
2009						103		1,595		2,640		3,205		3,410		3,760		3,757		4,663
2010								928		2,193		2,780		2,943		3,252		3,545		3,560
2011										1,031		3,207		4,622		4,748		4,939		5,022
2012												2,257		4,581		4,856		5,331		4,869
2013														323		1,010		1,369		2,763
2014																1,331		2,327		2,727
2015																		641		856
2016																				1,054
																			$	28,607
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																			$	3,494

For the property and casualty lines of business, the number of claims presented above equals the number of occurrences by type of claim reported to the Company. The number of claims reported during a given year corresponds to the number of claims records opened during the year. Frequency information is maintained on a cumulative basis by accident year by line of business. For automobile claims, a claim count is separately maintained for bodily injury, property damage and physical damage claims. The Company has consistently monitored claim frequency on this basis, and believes this provides more meaningful information than using claimant count which can change over the course of settling a claim.

In general, when a claim is reported, claims representatives establish a “case reserve” for the estimated amount of the ultimate payment based on the known information of the claim at that time. Claims managers review and monitor all property and casualty claims in excess of $25,000. As new information becomes available or payments are made on a claim, the case reserve is adjusted to reflect the revised estimate of the ultimate amount to be paid out. Estimates and assumptions pertaining to individual claims are based on complex and subjective judgments and subject to change at any time as new information becomes available.

In addition to case reserves, IBNR reserves are established to provide for claims which have not been reported to the Company as of the reporting date as well as potential adverse development on known case reserves. IBNR reserve estimates are derived through a number of analytical techniques. Actuarial data is analyzed by line of business, coverage and accident year. Qualitative factors are also considered in determining IBNR reserves and include such factors as judicial decisions, general economic trends such as inflation, changes in policy forms, and underwriting changes. Reserves are reviewed quarterly and any indicated adjustments are made.

Because of the inherent uncertainties in establishing both case and IBNR reserves, ultimate loss experience may prove better or worse than indicated by the combined claim reserves. Adjustments to claim reserves are reflected in the period recognized and could increase or decrease earnings for the period.

The following is supplementary information about average historical claims duration as of December 31, 2016.

Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (Unaudited)
Reserve Line	1st Year			2nd Year			3rd Year			4th Year			5th Year			6th Year			7th Year			8th Year			9th Year			10th Year
Medicare Supplement		83.7	%		16.3	%		0.1	%		-0.1	%		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%
Automobile Liability		33.2	%		29.3	%		17.1	%		11.7	%		4.2	%		2.3	%		1.1	%		0.1	%		0.0	%		0.6	%
Automobile Physical Damage		86.1	%		13.1	%		-0.2	%		1.0	%		0.0	%
General Liability		18.9	%		20.8	%		16.7	%		15.3	%		13.3	%		4.9	%		6.8	%		3.3	%		2.8	%		1.2	%
Surety		27.7	%		33.3	%		19.4	%		11.3	%		7.0	%		1.6	%		0.2	%		4.4	%		-0.1	%		-5.9	%

The reconciliation of the net incurred and paid claims development tables to the liability for losses, claims and loss adjustment expenses is as follows:

	December 31, 2016
Net outstanding liabilities:
Medicare Supplement	$	9,747
Automobile Liability		29,252
Automobile Physical Damage		1,148
General Liability		4,642
Surety		3,494
Other short-duration insurance lines		2,060
Liabilities for unpaid losses, claims and loss adjustment expenses, net of reinsurance		50,343

Reinsurance recoverable on unpaid losses:
Medicare Supplement		990
Automobile Liability		5,556
Automobile Physical Damage		106
General Liability		4,135
Other insurance lines		9
Total reinsurance recoverable on unpaid losses		10,796

Unallocated claims adjustment expenses		1,423

Total gross liability for unpaid losses, claims and loss adjustment expenses	$	62,562

Reinsurance

12 Months Ended

Dec. 31, 2016

Reinsurance [Abstract]

Reinsurance

Note 4. Reinsurance

In accordance with general practice in the insurance industry, portions of the life, property and casualty insurance written by the Company are reinsured; however, the Company remains liable with respect to reinsurance ceded should any reinsurer be unable or unwilling to meet its obligations. Approximately 99% of the Company’s reinsurance recoverables were due from two reinsurers as of December 31, 2016. Reinsurance recoverables of $280 were due from Swiss Reinsurance Corporation, rated “AA-” by Standard & Poor’s and “A+” (Superior) by A.M. Best and $11,326 were due from General Reinsurance Corporation, rated “AA+” by Standard & Poor’s and “A++” (Superior) by A.M. Best. Allowances for uncollectible amounts are established against reinsurance recoverables, if appropriate.

The effects of reinsurance on premiums written, premiums earned and insurance benefits and losses incurred were as follows:

	2016			2015
Direct premiums written	$	142,200		$	138,035
Assumed premiums written		19,123			18,656
Ceded premiums written		(10,225	)		(4,995	)
Net premiums written	$	151,098		$	151,696

Direct premiums earned	$	144,339		$	137,436
Assumed premiums earned		19,124			18,451
Ceded premiums earned		(9,998	)		(4,995	)
Net premiums earned	$	153,465		$	150,892

Provision for benefits and losses incurred	$	109,616		$	104,286
Reinsurance loss recoveries		(6,419	)		(2,922	)
Insurance benefits and losses incurred	$	103,197		$	101,364

Components of reinsurance recoverables at December 31, 2016 and 2015 were as follows:

	2016		2015
Recoverable on unpaid losses	$	10,796	$	11,741
Recoverable on unpaid benefits		655		—
Recoverable on paid losses		—		18
Ceded unearned premiums		227		—
Ceded advanced premiums		25		—
Total reinsurance recoverables	$	11,703	$	11,759

The entire disclosure pertaining to the existence, magnitude and information about insurance that has been ceded to or assumed from another insurance company, including the methodologies and assumptions used in determining recorded amounts.

Junior Subordinated Debentures [Abstract]

Income Taxes

12 Months Ended

Dec. 31, 2016

Income Taxes [Abstract]

Income Taxes

Note 5. Income Taxes

Total income taxes were allocated as follows:

	2016		2015
Total tax expense on income	$	888	$	1,320

Tax expense (benefit) on components of shareholders’ equity:
Net unrealized gains (losses) on investment securities		671		(2,528	)
Total tax expense (benefit)	$	1,559	$	(1,208	)

A reconciliation of the differences between income taxes computed at the federal statutory income tax rate and the income tax expense is as follows:

	2016			2015
Federal income tax provision at statutory rate of 35%	$	1,233		$	1,998
Dividends-received deduction		(95	)		(99	)
Small life insurance company deduction		(376	)		(582	)
Other		55			42
Adjustment for prior years’ estimates to actual		71			(39	)
Income tax expense	$	888		$	1,320
Effective tax rate		25.2	%		23.1	%

The primary differences between the effective tax rate and the federal statutory income tax rate for 2016 and 2015 resulted from the dividends-received deduction (“DRD”) and the small life insurance company deduction (“SLD”). The current estimated DRD is adjusted as underlying factors change and can vary from estimates based on, but not limited to, actual distributions from investments as well as the amount of the Company’s taxable income. The SLD varies in amount and is determined at a rate of 60 percent of the tentative life insurance company taxable income (“LICTI”). The SLD for any taxable year is reduced (but not below zero) by 15 percent of the tentative LICTI for such taxable year as it exceeds $3,000 and is ultimately phased out at $15,000.

Deferred tax liabilities and assets at December 31, 2016 and 2015 were comprised of the following:

	2016			2015
Deferred tax liabilities:
Deferred acquisition costs	$	(2,345	)	$	(2,623	)
Deferred and uncollected premiums		(654	)		(677	)
Net unrealized investment gains		(3,140	)		(2,469	)
Other		(666	)		(642	)
Total deferred tax liabilities		(6,805	)		(6,411	)
Deferred tax assets:
Insurance reserves		4,589			4,522
Impaired assets		1,454			1,474
Alternative minimum tax credit		282			504
Bad debts and other		640			740
Total deferred tax assets		6,965			7,240
Net deferred tax asset	$	160		$	829

The components of income tax expense were:

	2016			2015
Current - Federal	$	890		$	1,016
Deferred - Federal		(2	)		304
Total	$	888		$	1,320

The Company has formal tax-sharing agreements, and files a consolidated income tax return, with its subsidiaries. Tax years prior to 2012 have been audited by the Internal Revenue Service and are closed.

Junior Subordinated Debentures

12 Months Ended

Dec. 31, 2016

Junior Subordinated Debentures

Note 6. Junior Subordinated Debentures

The Company has two unconsolidated Connecticut statutory business trusts, which exist for the exclusive purposes of: (i) issuing trust preferred securities (“Trust Preferred Securities”) representing undivided beneficial interests in the assets of the trusts; (ii) investing the gross proceeds of the Trust Preferred Securities in junior subordinated deferrable interest debentures (“Junior Subordinated Debentures”) of Atlantic American; and (iii) engaging in those activities necessary or incidental thereto.

The financial structure of each of Atlantic American Statutory Trust I and II, as of December 31, 2016 and 2015, was as follows:

	Atlantic American Statutory Trust I	Atlantic American Statutory Trust II
JUNIOR SUBORDINATED DEBENTURES⁽¹⁾⁽²⁾
Principal amount owed	$18,042	$23,196
Balance December 31, 2016	$18,042	$23,196
Less: Treasury debt⁽³⁾	—	(7,500)
Net balance December 31, 2016	$18,042	$15,696
Net balance December 31, 2015	$18,042	$15,696
Coupon rate	LIBOR + 4.00%	LIBOR + 4.10%
Interest payable	Quarterly	Quarterly
Maturity date	December 4, 2032	May 15, 2033
Redeemable by issuer	Yes	Yes
TRUST PREFERRED SECURITIES
Issuance date	December 4, 2002	May 15, 2003
Securities issued	17,500	22,500
Liquidation preference per security	$ 1	$ 1
Liquidation value	$17,500	$22,500
Coupon rate	LIBOR + 4.00%	LIBOR + 4.10%
Distribution payable	Quarterly	Quarterly
Distribution guaranteed by⁽⁴⁾	Atlantic American Corporation	Atlantic American Corporation

⁽¹⁾

For each of the respective debentures, the Company has the right at any time, and from time to time, to defer payments of interest on the Junior Subordinated Debentures for a period not exceeding 20 consecutive quarters up to the debentures’ respective maturity dates. During any such period, interest will continue to accrue and the Company may not declare or pay any cash dividends or distributions on, or purchase, the Company’s common stock nor make any principal, interest or premium payments on or repurchase any debt securities that rank equally with or junior to the Junior Subordinated Debentures. The Company has the right at any time to dissolve each of the trusts and cause the Junior Subordinated Debentures to be distributed to the holders of the Trust Preferred Securities.

⁽²⁾

The Junior Subordinated Debentures are unsecured and rank junior and subordinate in right of payment to all senior debt of the Parent and are effectively subordinated to all existing and future liabilities of its subsidiaries.

⁽³⁾

On August 4, 2014, the Company acquired $7,500 of the Junior Subordinated Debentures.

⁽⁴⁾

The Parent has guaranteed, on a subordinated basis, all of the obligations under the Trust Preferred Securities, including payment of the redemption price and any accumulated and unpaid distributions to the extent of available funds and upon dissolution, winding up or liquidation.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies [Abstract]

Commitments and Contingencies

Note 7. Commitments and Contingencies

Litigation

From time to time, the Company is, and expects to continue to be, involved in various claims and lawsuits incidental to and in the ordinary course of its business. In the opinion of management, any such known claims are not expected to have a material effect on the financial condition or results of operations of the Company.

Operating Lease Commitments

The Company’s rental expense, including common area charges, for operating leases was $1,277 and $1,261 in 2016 and 2015, respectively. The Company’s future minimum base lease obligations under non-cancelable operating leases are as follows:

Year Ending December 31,
2017	$	917
2018		457
2019		193
Thereafter		—
Total	$	1,567

Benefit Plans	12 Months Ended
Benefit Plans	Dec. 31, 2016
Benefit Plans [Abstract]
Benefit Plans	Note 8. Benefit Plans Equity Incentive Plan On May 1, 2012, the Company’s shareholders approved the 2012 Equity Incentive Plan (the “2012 Plan”). The 2012 Plan authorizes the grant of up to 2,000,000 stock options, stock appreciation rights, restricted shares, restricted stock units, performance shares, performance units and other awards for the purpose of providing the Company’s non-employee directors, consultants, officers and other employees incentives and rewards for superior performance. In 2016, a total of 180,000 restricted shares, with an estimated fair value of $741, were issued under the 2012 Plan. In 2015, a total of 48,300 restricted shares, with an estimated fair value of $178, were issued under the 2012 Plan. The estimated fair value of the restricted shares issued under the 2012 Plan for 2016 and 2015 was based on the common stock price at date of grant. Vesting of restricted shares generally occurs after a one to three year period. There were no stock options granted or outstanding under the 2012 Plan in 2016 or 2015. Shares available for future grants at December 31, 2016 and 2015 were 1,423,200 and 1,603,200, respectively. 401(k) Plan The Company initiated an employees’ savings plan (the “Plan”) qualified under Section 401(k) of the Internal Revenue Code in May 1995. The Plan covers substantially all of the Company’s employees. Effective January 1, 2009, the Company modified the Plan such that the Plan would operate on a safe harbor basis. Under the Plan, employees may defer up to 50% of their compensation, not to exceed the annual deferral limit. The Company’s total matching contribution for 2016 and 2015 was $223 and $212, respectively, and consisted of a contribution equal to 35% of up to the first 6% of each participant’s contributions. In addition to the matching contribution, the Company also provided a 3% safe harbor non-elective contribution in 2016 and 2015 of $433 and $416, respectively. All contributions were made in cash. Agent Stock Purchase Plan The Company initiated a nonqualified stock purchase plan (the “Agent Stock Purchase Plan”) in May 2012. The purpose of the Agent Stock Purchase Plan is to promote and advance the interests of the Company and its stockholders by providing independent agents who qualify as participants with an opportunity to purchase the common stock of the Company. Under the Agent Stock Purchase Plan, payment for shares of common stock of the Company is made by either deduction from an agent’s commission payment or a direct cash payment. Stock purchases are made at the end of each calendar quarter at the then current market value.

Preferred Stock	12 Months Ended
Preferred Stock	Dec. 31, 2016
Preferred Stock [Abstract]
Preferred Stock	Note 9. Preferred Stock The Company had 55,000 shares of Series D preferred stock (“Series D Preferred Stock”) outstanding at December 31, 2016 and 2015, respectively. All of the shares of Series D Preferred Stock are held by an affiliate of the Company’s controlling shareholder. The outstanding shares of Series D Preferred Stock have a stated value of $100 per share; accrue annual dividends at a rate of $7.25 per share (payable in cash or shares of the Company’s common stock at the option of the board of directors of the Company) and are cumulative. In certain circumstances, the shares of the Series D Preferred Stock may be convertible into an aggregate of approximately 1,378,000 shares of the Company’s common stock, subject to certain adjustments and provided that such adjustments do not result in the Company issuing more than approximately 2,703,000 shares of common stock without obtaining prior shareholder approval; and are redeemable solely at the Company’s option. The Series D Preferred Stock is not currently convertible. The Company had accrued, but unpaid, dividends, on the Series D Preferred Stock of $18 at December 31, 2016 and 2015. During each of 2016 and 2015, the Company paid Series D Preferred Stock dividends of $399.

Earnings Per Common Share

12 Months Ended

Dec. 31, 2016

Earnings Per Common Share [Abstract]

Earnings Per Common Share

Note 10. Earnings Per Common Share

A reconciliation of the numerator and denominator of the earnings per common share calculations is as follows:

	For the Year Ended December 31, 2016
	Income			Shares (In thousands)		Per Share Amount
Basic and Diluted Earnings Per Common Share
Net income before preferred stock dividends	$	2,636			20,445
Less preferred stock dividends		(399	)		—
Net income applicable to common shareholders	$	2,237			20,445	$	.11

	For the Year Ended December 31, 2015
	Income			Shares (In thousands)		Per Share Amount
Basic and Diluted Earnings Per Common Share
Net income before preferred stock dividends	$	4,388			20,566
Less preferred stock dividends		(399	)		—
Net income applicable to common shareholders	$	3,989			20,566	$	.19

The assumed conversion of the Company’s Series D Preferred Stock was excluded from the earnings per common share calculation for 2016 and 2015 since its impact would have been antidilutive.

Statutory Reporting

12 Months Ended

Dec. 31, 2016

Statutory Reporting [Abstract]

Statutory Reporting

Note 11. Statutory Reporting

The assets, liabilities and results of operations have been reported on the basis of GAAP, which varies in some respects from statutory accounting practices (“SAP”) prescribed or permitted by insurance regulatory authorities. The principal differences between SAP and GAAP are that under SAP: (i) certain assets that are non-admitted assets are eliminated from the balance sheet; (ii) acquisition costs for policies are expensed as incurred, while they are deferred and amortized over the estimated life of the policies under GAAP; (iii) the provision that is made for deferred income taxes is different than under GAAP; (iv) the timing of establishing certain reserves is different than under GAAP; and (v) certain valuation allowances attributable to certain investments are different.

The amount of reported statutory net income and surplus (shareholders’ equity) for the Parent’s insurance subsidiaries for the years ended December 31 was as follows:

	2016		2015
Life and Health, net income	$	1,133	$	4,147
Property and Casualty, net income		6,470		5,290
Statutory net income	$	7,603	$	9,437

Life and Health, surplus	$	33,430	$	35,322
Property and Casualty, surplus		41,489		38,308
Statutory surplus	$	74,919	$	73,630

Under the insurance code of the state in which each insurance subsidiary is domiciled, dividend payments to the Parent by its insurance subsidiaries are subject to certain limitations without the prior approval of the applicable state’s Insurance Commissioner. The Parent received dividends of $5,508 and $6,750 in 2016 and 2015, respectively, from its subsidiaries. In 2017, dividend payments to the Parent by the insurance subsidiaries in excess of $5,650 would require prior approval.

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 12. Related Party Transactions In the normal course of business the Company has engaged in transactions with entities affiliated with the controlling shareholder of the Company. These transactions include the leasing of office space as well as certain investing and financing activities. At December 31, 2016, two members of the Company’s board of directors, including our chairman, president and chief executive officer, were considered to be affiliates of the majority shareholder, who is also a member of the Company’s board of directors. The Company leases approximately 49,586 square feet of office and covered garage space from one such controlled entity. During the years ended December 31, 2016 and 2015, the Company paid $882 and $875, respectively, under this lease. Certain financing for the Company has also been provided by this entity in the form of an investment in the Series D Preferred Stock (See Note 9). During the years ended December 31, 2016 and 2015, the Company paid this entity $399 in dividends on the Series D Preferred Stock. Certain members of the Company’s management and board of directors are shareholders and on the board of directors of Gray Television, Inc. (“Gray”). As of December 31, 2016 and 2015, the Company owned 880,272 shares of Gray Class A common stock and 106,000 shares of Gray common stock. The aggregate carrying value of these investments in Gray at December 31, 2016 and 2015 was $10,305 and $14,043, respectively. During 2016, the Company paid approximately $215 to a digital marketing services organization, which is an affiliate of Gray. Services purchased primarily include assistance with website marketing initiatives on behalf of the Company’s life and health operations. During 2016, Gray paid the Company approximately $478 in premiums related to a group accident plan.

Segment Information

12 Months Ended

Dec. 31, 2016

Segment Information [Abstract]

Segment Information

Note 13. Segment Information

The Parent’s primary insurance subsidiaries operate with relative autonomy and each company is evaluated based on its individual performance. American Southern operates in the property and casualty insurance market, while Bankers Fidelity operates in the life and health insurance market. Each segment derives revenue from the collection of premiums, as well as from investment income. Substantially all revenue other than that in the corporate and other segment is from external sources.

	For the Year Ended December 31, 2016
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums	$	53,763		$	99,702		$	—		$	—		$	153,465
Insurance benefits and losses incurred		34,408			68,789			—			—			103,197
Expenses deferred		(7,834	)		(5,159	)		—			—			(12,993	)
Amortization and depreciation expense		8,709			3,667			713			—			13,089
Other expenses		15,562			37,258			15,761			(9,321	)		59,260
Total expenses		50,845			104,555			16,474			(9,321	)		162,553
Underwriting income (loss)		2,918			(4,853	)
Investment income		3,868			5,725			2,217			(1,926	)		9,884
Other income		—			10			7,518			(7,395	)		133
Operating income (loss)		6,786			882			(6,739	)		—			929
Net realized gains (losses)		528			2,068			(1	)		—			2,595
Income (loss) before income taxes	$	7,314		$	2,950		$	(6,740	)	$	—		$	3,524
Total revenues	$	58,159		$	107,505		$	9,734		$	(9,321	)	$	166,077
Intangibles	$	1,350		$	1,194		$	—		$	—		$	2,544
Total assets	$	123,721		$	168,657		$	138,694		$	(112,472	)	$	318,600

	For the Year Ended December 31, 2015
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums	$	54,508		$	96,384		$	—		$	—		$	150,892
Insurance benefits and losses incurred		35,046			66,318			—			—			101,364
Expenses deferred		(9,093	)		(2,112	)		—			—			(11,205	)
Amortization and depreciation expense		9,057			1,707			673			—			11,437
Other expenses		17,845			33,210			16,789			(9,211	)		58,633
Total expenses		52,855			99,123			17,462			(9,211	)		160,229
Underwriting income (loss)		1,653			(2,739	)
Investment income		4,107			5,680			2,060			(1,762	)		10,085
Other income		10			10			7,532			(7,449	)		103
Operating income (loss)		5,770			2,951			(7,870	)		—			851
Net realized gains		872			3,795			190			—			4,857
Income (loss) before income taxes	$	6,642		$	6,746		$	(7,680	)	$	—		$	5,708
Total revenues	$	59,497		$	105,869		$	9,782		$	(9,211	)	$	165,937
Intangibles	$	1,350		$	1,194		$	—		$	—		$	2,544
Total assets	$	123,445		$	160,964		$	136,869		$	(106,675	)	$	314,603

Disclosures About Fair Value of Financial Instruments [Abstract]

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Topic 280
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-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Disclosures About Fair Value of Financial Instruments

12 Months Ended

Dec. 31, 2016

Disclosures About Fair Value of Financial Instruments

Note 14. Disclosures About Fair Value of Financial Instruments

The estimated fair values have been determined by the Company using available market information from various market sources and appropriate valuation methodologies as of the respective dates. However, considerable judgment is necessary to interpret market data and to develop the estimates of fair value. Although management is not aware of any factors that would significantly affect the estimated fair value amounts, the estimates presented herein are not necessarily indicative of the amounts which the Company could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts.

The following table sets forth the carrying amount, estimated fair value and level within the fair value hierarchy of the Company’s financial instruments as of December 31, 2016 and 2015.

	Level in Fair Value Hierarchy⁽¹⁾	2016				2015
	Level in Fair Value Hierarchy⁽¹⁾	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Assets:
Cash and cash equivalents	Level 1	$	13,252	$	13,252	$	15,622	$	15,622
Fixed maturities	⁽¹⁾		210,670		210,670		205,324		205,324
Equity securities	⁽¹⁾		20,257		20,257		23,131		23,131
Other invested assets	Level 3		9,709		9,709		6,454		7,070
Policy loans	Level 2		2,265		2,265		2,200		2,200
Real estate	Level 2		38		38		38		38
Investments in unconsolidated trusts	Level 2		1,238		1,238		1,238		1,238

Liabilities:
Junior Subordinated Debentures, net	Level 2		33,738		33,738		33,738		33,738

⁽¹⁾

See Note 2 for a description of the fair value hierarchy as well as a disclosure of levels for classes of these financial assets.

The following describes the methods and assumptions used by the Company in estimating fair values:

Cash and Cash Equivalents

The carrying amount approximates fair value due to the short-term nature of the instruments.

Fixed Maturities and Common and Non-Redeemable Preferred Stocks

The carrying amount is determined in accordance with methods prescribed by the NAIC, which do not differ materially from publicly quoted market prices. Certain fixed maturities do not have publicly quoted values and consist solely of issuances of pooled debt obligations of multiple, smaller financial services companies. They are not actively traded and valuation techniques used to measure fair value are based on future estimated cash flows discounted at reasonable estimated rates of interest. Other qualitative and quantitative information received from the original underwriter of the pooled offerings is also considered, as applicable.

Non-publicly Traded Invested Assets

The fair value of investments in certain limited partnerships which are included in other invested assets on the consolidated balance sheet were determined by officers of those limited partnerships.

Junior Subordinated Debentures

The fair value is estimated based on the quoted market prices for similar issues and the current rates offered for debt having similar returns and remaining maturities.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2016

Accumulated Other Comprehensive Income

Note 15. Accumulated Other Comprehensive Income

The following table sets forth the balance of the only component of accumulated other comprehensive income as of December 31, 2016 and 2015, and the changes in the balance of that component during 2016.

	Unrealized Gains on Available-for- Sale Securities
Balance, December 31, 2015	$	4,584
Other comprehensive income before reclassifications		2,933
Amounts reclassified from accumulated other comprehensive income		(1,687	)
Net current period other comprehensive income		1,246
Balance, December 31, 2016	$	5,830

Schedule II CONDENSED FINANCIAL INFORMATION OF REGISTRANT [Abstract]

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
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-Paragraph 12
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 14
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Schedule II CONDENSED FINANCIAL INFORMATION OF REGISTRANT

12 Months Ended

Dec. 31, 2016

Schedule II CONDENSED FINANCIAL INFORMATION OF REGISTRANT

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

ATLANTIC AMERICAN CORPORATION
(Parent Company Only)

BALANCE SHEETS

ASSETS

	December 31,
	2016		2015
	(In thousands)

Cash and cash equivalents	$	4,308	$	4,463
Investments		16,160		19,035
Investment in subsidiaries		112,472		106,675
Investments in unconsolidated trusts		1,238		1,238
Deferred tax asset, net		—		169
Income taxes receivable from subsidiaries		2,961		2,146
Other assets		4,554		4,677
Total assets	$	141,693	$	138,403

LIABILITIES AND SHAREHOLDERS’ EQUITY

Deferred tax liability, net	$	500	$	—
Other payables		1,949		2,173
Junior subordinated debentures		33,738		33,738

Total liabilities		36,187		35,911

Shareholders’ equity		105,506		102,492
Total liabilities and shareholders’ equity	$	141,693	$	138,403

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

ATLANTIC AMERICAN CORPORATION
(Parent Company Only)

STATEMENTS OF OPERATIONS

	Year Ended December 31,
	2016			2015
	(In thousands)
REVENUE
Fee income from subsidiaries	$	7,395		$	7,449
Distributed earnings from subsidiaries		5,508			6,750
Other		408			571
Total revenue		13,311			14,770

GENERAL AND ADMINISTRATIVE EXPENSES		12,858			13,984

INTEREST EXPENSE		1,562			1,429
		(1,109	)		(643	)
INCOME TAX BENEFIT⁽¹⁾		(1,837	)		(1,514	)
		728			871
EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES, NET		1,908			3,517
NET INCOME	$	2,636		$	4,388

⁽¹⁾

Under the terms of a tax-sharing agreement, income tax provisions for the subsidiary companies are computed on a separate company basis. Accordingly, the Company’s income tax benefit results from the utilization of the Parent’s separate return loss to reduce the consolidated taxable income of the Company.

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

ATLANTIC AMERICAN CORPORATION
(Parent Company Only)

STATEMENTS OF CASH FLOWS

	Year Ended December 31,
	2016			2015
	(In thousands)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	2,636		$	4,388
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment losses (gains), net		1			(190	)
Depreciation and amortization		713			673
Compensation expense related to share awards		586			365
Equity in undistributed earnings of consolidated subsidiaries		(1,908	)		(3,517	)
(Increase) decrease in intercompany taxes		(815	)		125
Deferred income tax (benefit) expense		(2	)		304
(Decrease) increase in other liabilities		(224	)		317
Other, net		(221	)		(12	)
Net cash provided by operating activities		766			2,453

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from investments sold, called or matured		1,979			2,210
Investments purchased		(1,000	)		(3,956	)
Capital contribution to subsidiaries		(75	)		(200	)
Additions to property and equipment		(371	)		(230	)
Net cash provided by (used in) investing activities		533			(2,176	)

CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of dividends on Series D preferred stock		(399	)		(399	)
Payment of dividends on common stock		(408	)		(412	)
Proceeds from shares issued under stock plans		51			47
Purchase of shares for treasury		(698	)		(997	)
Net cash used in financing activities		(1,454	)		(1,761	)

Net decrease in cash		(155	)		(1,484	)
Cash and cash equivalents at beginning of year		4,463			5,947
Cash and cash equivalents at end of year	$	4,308		$	4,463

Supplemental disclosure:
Cash paid for interest	$	1,544		$	1,424
Cash paid for income taxes	$	675		$	1,465
Intercompany tax settlement from subsidiaries	$	2,845		$	2,409

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

Schedule III SUPPLEMENTARY INSURANCE INFORMATION [Abstract]

Schedule III SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2016

Schedule III SUPPLEMENTARY INSURANCE INFORMATION

ATLANTIC AMERICAN CORPORATION AND SUBSIDIARIES
SUPPLEMENTARY INSURANCE INFORMATION

Segment	Deferred Acquisition Costs		Future Policy Benefits, Losses, Claims and Loss Reserves			Unearned Premiums		Other Policy Claims and Benefits Payable
	(In thousands)
December 31, 2016:
Bankers Fidelity	$	26,791	$	87,849		$	3,731	$	2,066
American Southern		2,184		49,556			19,477		—
	$	28,975	$	137,405	⁽¹⁾	$	23,208	$	2,066

December 31, 2015:
Bankers Fidelity	$	25,033	$	84,806		$	3,585	$	1,991
American Southern		2,833		51,200			21,763		—
	$	27,866	$	136,006	⁽²⁾	$	25,348	$	1,991

⁽¹⁾

Includes future policy benefits of $74,843 and losses and claims of $62,562.

⁽²⁾

Includes future policy benefits of $72,136 and losses and claims of $63,870.

ATLANTIC AMERICAN CORPORATION AND SUBSIDIARIES
SUPPLEMENTARY INSURANCE INFORMATION

Segment	Premium Revenue		Net Investment Income		Benefits, Claims, Losses and Settlement Expenses		Amortization of Deferred Acquisition Costs		Other Operating Expenses		Casualty Premiums Written
	(In thousands)
December 31, 2016:
Bankers Fidelity	$	99,702	$	5,172	$	68,789	$	3,401	$	32,365	$	—
American Southern		53,763		3,844		34,408		8,483		7,954		51,477
Other		—		291		—		—		7,153		—
	$	153,465	$	9,307	$	103,197	$	11,884	$	47,472	$	51,477

December 31, 2015:
Bankers Fidelity	$	96,384	$	5,149	$	66,318	$	1,439	$	31,366	$	—
American Southern		54,508		4,086		35,046		8,881		8,928		55,611
Other		—		298		—		—		8,251		—
	$	150,892	$	9,533	$	101,364	$	10,320	$	48,545	$	55,611

Schedule IV REINSURANCE

12 Months Ended

Dec. 31, 2016

Schedule IV REINSURANCE [Abstract]

Schedule IV REINSURANCE

ATLANTIC AMERICAN CORPORATION AND SUBSIDIARIES
REINSURANCE

	Direct Amount		Ceded To Other Companies			Assumed From Other Companies		Net Amounts		Percentage of Amount Assumed To Net
	(Dollars in thousands)
Year ended December 31, 2016:
Life insurance in force	$	263,567	$	(16,087	)	$	—	$	247,480

Premiums —
Bankers Fidelity	$	104,996	$	(5,344	)	$	50	$	99,702		0.1	%
American Southern		39,343		(4,654	)		19,074		53,763		35.5	%
Total premiums	$	144,339	$	(9,998	)	$	19,124	$	153,465		12.5	%

Year ended December 31, 2015:
Life insurance in force	$	267,191	$	(16,843	)	$	—	$	250,348

Premiums —
Bankers Fidelity	$	96,373	$	(44	)	$	55	$	96,384		0.1	%
American Southern		41,063		(4,951	)		18,396		54,508		33.7	%
Total premiums	$	137,436	$	(4,995	)	$	18,451	$	150,892		12.2	%

Schedule VI SUPPLEMENTAL INFORMATION CONCERNING PROPERTY-CASUALTY INSURANCE OPERATIONS

12 Months Ended

Dec. 31, 2016

Schedule VI SUPPLEMENTAL INFORMATION CONCERNING PROPERTY-CASUALTY INSURANCE OPERATIONS [Abstract]

Schedule VI SUPPLEMENTAL INFORMATION CONCERNING PROPERTY-CASUALTY INSURANCE OPERATIONS

ATLANTIC AMERICAN CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL INFORMATION CONCERNING
PROPERTY-CASUALTY INSURANCE OPERATIONS

	Deferred Policy Acquisition Costs		Reserves		Unearned Premiums		Earned Premiums		Net Investment Income		Claims and Claim Adjustment Expenses Incurred Related To					Amortization of Deferred Acquisition Costs		Paid Claims and Claim Adjustment Expenses		Premiums Written
Year Ended	Deferred Policy Acquisition Costs		Reserves		Unearned Premiums		Earned Premiums		Net Investment Income		Current Year		Prior Years			Amortization of Deferred Acquisition Costs		Paid Claims and Claim Adjustment Expenses		Premiums Written
	(In thousands)
December 31, 2016	$	2,184	$	49,556	$	19,477	$	53,763	$	3,844	$	36,541	$	(2,133	)	$	8,483	$	34,219	$	51,477

December 31, 2015	$	2,833	$	51,200	$	21,763	$	54,508	$	4,086	$	35,072	$	(26	)	$	8,881	$	36,298	$	55,611

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) which, for insurance companies, differ in some respects from the statutory accounting practices prescribed or permitted by regulatory authorities. These financial statements include the accounts of Atlantic American Corporation (“Atlantic American” or the “Parent”) and its subsidiaries (collectively with the Parent, the “Company”). All significant intercompany accounts and transactions have been eliminated in consolidation. Operating results achieved in any historical period are not necessarily indicative of results to be expected in any future period. At December 31, 2016, the Parent owned four insurance subsidiaries, Bankers Fidelity Life Insurance Company and its wholly-owned subsidiary, Bankers Fidelity Assurance Company (together known as “Bankers Fidelity”), and American Southern Insurance Company and its wholly-owned subsidiary, American Safety Insurance Company (together known as “American Southern”), in addition to one non-insurance subsidiary, xCalibre Risk Services, Inc. The Parent has issued a guarantee of all liabilities of Bankers Fidelity.
Premium Revenue and Cost Recognition	Premium Revenue and Cost Recognition Life insurance premiums are recognized as revenue when due; accident and health insurance premiums are recognized as revenue over the premium paying period and property and casualty insurance premiums are recognized as revenue over the period of the contract in proportion to the amount of insurance protection provided. Losses, benefits and expenses are accrued as incurred and are associated with premiums as they are earned so as to result in recognition of profits over the lives of the contracts. For traditional life insurance and long-duration health insurance, this association is accomplished by the provision of a future policy benefits reserve and the deferral and subsequent amortization of the costs of acquiring business, which are referred to as “deferred policy acquisition costs” (principally commissions, premium taxes, and other incremental direct costs of issuing policies). Deferred policy acquisition costs are amortized over the estimated premium-paying period of the related policies using assumptions consistent with those used in computing the policy benefits reserve. The Company provides for insurance benefits and losses on accident, health, and property-casualty claims based upon estimates of projected ultimate losses. Deferred policy acquisition costs for property and casualty insurance and short-duration health insurance are amortized over the effective period of the related insurance policies. Contingent commissions, if contractually applicable, are ultimately payable to agents based on the underlying profitability of a particular insurance contract or a group of insurance contracts, and are periodically evaluated and accrued as earned. In periods in which revisions are made to the estimated loss reserves related to the particular insurance contract or group of insurance contracts subject to such commissions, corresponding adjustments are also made to the related accruals. Deferred policy acquisition costs are expensed when such costs are deemed not to be recoverable from future premiums (for traditional life and long-duration health insurance) and from the related unearned premiums and investment income (for property and casualty and short-duration health insurance).
Intangibles	Intangibles Intangibles consist of goodwill and other indefinite-lived intangible assets. Goodwill represents the excess of cost over the fair value of net assets acquired and is not amortized. Other indefinite-lived intangibles represent the value of licenses and are not amortized. The Company periodically reviews its goodwill and other indefinite-lived intangibles to determine if any adverse conditions exist that could indicate impairment. Conditions that could trigger impairment include, but are not limited to, a significant change in business climate that could affect the value of the related asset, an adverse action, or an assessment by a regulator. No impairment of the Company’s recorded intangibles was identified during the periods presented.
Investments	Investments The Company’s investments in both fixed maturities, which include bonds and redeemable preferred stocks, and equity securities, which include common and non-redeemable preferred stocks, are classified as “available-for-sale” and, accordingly, are carried at fair value with the after-tax difference from amortized cost, as adjusted if applicable, reflected in shareholders’ equity as a component of accumulated other comprehensive income or loss. The fair values of fixed maturities and equity securities are largely determined by either independent methods prescribed by the National Association of Insurance Commissioners (“NAIC”), which do not differ materially from publicly quoted market prices, when available, or independent broker quotations. The Company owns certain fixed maturities that do not have publicly quoted market values, but had an estimated fair value as determined by management of $1,264 and $2,237 at December 31, 2016 and 2015, respectively. Such values inherently involve a greater degree of judgment and uncertainty and therefore ultimately greater price volatility than the value of securities with publicly quoted market values. Policy loans and real estate are carried at historical cost. Other invested assets are comprised of investments in limited partnerships, limited liability companies, and real estate joint ventures, and are accounted for using the equity method. If the value of a common stock, preferred stock, other invested asset, or publicly traded bond declines below its cost or amortized cost, as applicable, and the decline is considered to be other than temporary, a realized loss is recorded to reduce the carrying value of the investment to its estimated fair value, which becomes the new cost basis. The evaluation for an other than temporary impairment is a quantitative and qualitative process, which is subject to risks and uncertainties in the determination of whether declines in the fair value of investments are other than temporary. Potential risks and uncertainties include, among other things, changes in general economic conditions, an issuer’s financial condition or near term recovery prospects and the effects of changes in interest rates. In evaluating a potential impairment, the Company considers, among other factors, management’s intent and ability to hold the securities until price recovery, the nature of the investment and the expectation of prospects for the issuer and its industry, the status of an issuer’s continued satisfaction of its obligations in accordance with their contractual terms, and management’s expectation as to the issuer’s ability and intent to continue to do so, as well as ratings actions that may affect the issuer’s credit status. Premiums and discounts related to investments are amortized or accreted over the life of the related investment as an adjustment to yield using the effective interest method. Dividends and interest income are recognized when earned or declared. The cost of securities sold is based on specific identification. Unrealized gains (losses) in the value of invested assets are accounted for as a direct increase (decrease) in accumulated other comprehensive income in shareholders’ equity, net of deferred tax and, accordingly, have no effect on net income.
Income Taxes	Income Taxes Deferred income taxes represent the expected future tax consequences when the reported amounts of assets and liabilities are recovered or paid. They arise from differences between the financial reporting and tax basis of assets and liabilities and are adjusted for changes in tax laws and tax rates as those changes are enacted. The provision for income taxes represents the total amount of income taxes due related to the current year, plus the change in deferred income taxes during the year. A valuation allowance is recognized if, based on management’s assessment of the relevant facts, it is more likely than not that some portion of a deferred tax asset will not be realized.
Earnings Per Common Share	Earnings Per Common Share Basic earnings per common share are based on the weighted average number of common and participating shares outstanding during the relevant period. Diluted earnings per common share are based on the weighted average number of common and participating shares outstanding during the relevant period, plus options outstanding, if applicable, using the treasury stock method and the assumed conversion of the Series D preferred stock, if dilutive. Unless otherwise indicated, earnings per common share amounts are presented on a diluted basis.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and investments in short-term, highly liquid securities with original maturities of three months or less from date of purchase.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In January 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017-04”). ASU 2017-04 is intended to simplify the evaluation of goodwill. The updated guidance requires recognition and measurement of goodwill impairment based on the excess of the carrying value of the reporting unit compared to its estimated fair value, with the amount of the impairment not to exceed the carrying value of the reporting unit’s goodwill. Under existing guidance, if the reporting unit’s carrying value exceeds its estimated fair value, the Company allocates the fair value of the reporting unit to all of the assets and liabilities of the reporting unit to determine an implied goodwill value. An impairment loss is then recognized for the excess, if any, of the carrying value of the reporting unit’s goodwill compared to the implied goodwill value. The amendments in ASU 2017-04 are effective for interim and annual reporting periods beginning after December 15, 2019. The Company expects to adopt the updated guidance January 1, 2020 on a prospective basis as required, although earlier adoption is permitted. Based on current levels of reported intangibles, the Company does not expect the adoption of this ASU to have a material impact on its consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 is intended to reduce diversity in practice in how certain transactions are classified in the statement of cash flows. The issues addressed in ASU 2016-15 are: 1) debt prepayment or debt extinguishment costs, 2) settlement of zero-coupon debt instruments, 3) contingent consideration payments made after a business combination, 4) proceeds from the settlement of insurance claims, 5) proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies, 6) distributions received from equity method investees, 7) beneficial interests in securitization transactions and 8) separately identifiable cash flows and application of the predominance principle. The amendments in ASU 2016-15 are effective for interim and annual reporting periods beginning after December 15, 2017. The Company does not expect the adoption of this ASU to have an impact on its consolidated statements of cash flows. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). ASU 2016-13 requires entities to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. Under current GAAP, entities generally recognize credit losses when it is probable that the loss has been incurred. ASU 2016-13 will remove all recognition thresholds and will require entities to recognize an allowance for credit losses equal to the difference between the amortized cost basis of a financial instrument and the amount of amortized cost that the entity expects to collect over the instrument’s contractual life. ASU 2016-13 also amends the credit loss measurement guidance for available-for-sale (“AFS”) debt securities and beneficial interests in securitized financial assets. Credit losses on AFS debt securities carried at fair value will continue to be measured as other-than-temporary impairments (“OTTI”) when incurred; however, the losses will be recognized through an allowance and no longer as an adjustment to the cost basis. Recoveries of OTTI will be recognized as reversals of valuation allowances and no longer accreted as investment income through an adjustment to the investment yield. The allowance on AFS debt securities cannot cause the net carrying value to be below fair value and, therefore, it is possible that increases in fair value due to decreases in market interest rates could cause the reversal of a valuation allowance and increase net income. The new guidance will also require purchased financial assets with a more-than-insignificant amount of credit deterioration since original issuance to be recorded based on contractual amounts due and an initial allowance recorded at the date of purchase. For the Company, the amendments in ASU 2016-13 will be effective for interim and annual reporting periods beginning after December 15, 2019. Early adoption is permitted for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company has not yet determined the timing of adoption. Implementation matters yet to be addressed include determining the impact of valuation allowances on the effective interest method for recognizing interest income from AFS debt securities as well as updating our investment accounting system functionality to adjust valuation allowances based on changes in fair value. The estimated effect on the Company’s financial statements can only be estimated based on the current investment portfolio at any given point in time, and accordingly, has not currently been determined. In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). This guidance applies to all entities that issue share-based payment awards to their employees and is designed to simplify several areas of the accounting for share-based payment transactions, including income tax consequences, forfeitures, classification of awards as either equity or liabilities and related classification on the statement of cash flows. The updated guidance requires the excess tax benefit or deficiency on vesting or settlement of awards to be recognized in earnings as an income tax benefit or expense, respectively and is effective for interim and annual reporting periods beginning after December 15, 2016. The Company will adopt ASU 2016-09 as of January 1, 2017. The impact of the adoption will depend on the excess tax benefits or deficiencies realized on vesting or settlement of awards resulting from the difference between the market value of awards at vesting or settlement and the grant date fair value recognized through compensation expense. Such amounts have historically not been significant. In March 2016, the FASB issued ASU No. 2016-07, Investments – Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting (“ASU 2016-07”). This guidance eliminates the requirement to retroactively adopt the equity method of accounting when an investment qualifies for the use of the equity method as a result of an increase in the level of ownership or degree of influence. Under ASU 2016-07, the equity method investor is required to add the cost of acquiring the additional interest in the investee to the current basis of the previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. ASU 2016-07 is effective for interim and annual reporting periods beginning after December 15, 2016. The Company does not expect the adoption of ASU 2016-07 to have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. ASU 2016-02 offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Under ASU 2016-02, lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. Under the new guidance, lessees with operating leases will be required to recognize a liability for the present value of future minimum lease payments with a corresponding asset for the right of use of the property. Under existing guidance, future minimum lease payments on operating leases are commitments that are not recognized as liabilities on the balance sheet. ASU 2016-02 is effective for annual reporting periods beginning after December 15, 2018 and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption of ASU 2016-02 to have a material impact on its consolidated financial statements; however, it is expected that assets and liabilities will increase based on the present value of remaining lease payments for the minor number of leases which will be in place at the adoption date. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments – Overall (Subtopic 825-10) (“ASU 2016-01”). ASU 2016-01 provides updated guidance for the recognition and measurement of financial instruments. The guidance requires investments in equity securities to be measured at fair value with changes in fair value reported in net income except for those equity securities that result in consolidation or are accounted for under the equity method of accounting. Under existing guidance, the Company measures investments in equity securities, available-for-sale, at fair value with changes in fair value reported in accumulated other comprehensive income. The Company is required to adopt the guidance effective January 1, 2018 through a cumulative effect adjustment to retained earnings. Early adoption is not allowed. The impact to the Company will be increased volatility in net income beginning in 2018. As of December 31, 2016, equity securities, available-for-sale, totaled $20,257, with unrealized gains, net of tax, of $5,723 in accumulated other comprehensive income that would have been classified in retained earnings. Had the new accounting guidance been in place since the beginning of 2016, the Company would have recognized mark-to-market losses of $2,193 after-tax in net income for the year ended December 31, 2016. In May 2015, the FASB issued ASU No. 2015-09, Financial Services – Insurance (Topic 944): Disclosures about Short-Duration Contracts (“ASU 2015-09”). The main objective of ASU 2015-09 is to enhance disclosures about the liability for unpaid claims and claim adjustment expenses, specifically the development of claims, the frequency and severity of claims, and expanded disclosures about reserves that are discounted. ASU 2015-09 also requires insurance entities, such as the Company, to disclose information about significant changes in methodologies and assumptions used to calculate the liability for unpaid claims and claim adjustment expenses, including reasons for the change and effects on the financial statements. The amendments in ASU 2015-09 are effective for annual reporting periods beginning after December 15, 2015, and interim reporting periods within annual reporting periods beginning after December 15, 2016. The Company adopted ASU 2015-09 effective January 1, 2016. Since ASU 2015-09 was a disclosure only update, its adoption did not have a material impact on the Company’s consolidated financial statements. See Note 3 for enhanced disclosures. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). ASU 2014-09 as modified provides guidance for recognizing revenue. The guidance excludes insurance contracts and financial instruments. Revenue is to be recognized when, or as, goods or services are transferred to customers in an amount that reflects the consideration that an entity is expected to be entitled in exchange for those goods or services. This guidance is effective retrospectively on January 1, 2018, with a choice of restating prior periods or recognizing a cumulative effect for contracts in place as of adoption. Early adoption is permitted as of January 1, 2017. The Company will adopt this ASU on January 1, 2018. Given the nature of the Company’s insurance operations, the adoption is not expected to have a material impact on the Company’s consolidated financial statements.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. Significant estimates and assumptions are used in developing and evaluating deferred income taxes, deferred acquisition costs, insurance reserves, investments, and receivables, among others, and actual results could differ materially from management’s estimates.

Investments (Tables)

12 Months Ended

Dec. 31, 2016

Investments [Abstract ]

Investments aggregated by type and industry

Investments were comprised of the following:

	2016
	Carrying Value		Gross Unrealized Gains		Gross Unrealized Losses		Cost or Amortized Cost
Fixed maturities:
Bonds:
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	31,102	$	197	$	553	$	31,458
Obligations of states and political subdivisions		17,572		625		308		17,255
Corporate securities:
Utilities and telecom		18,034		1,462		88		16,660
Financial services		57,282		1,880		911		56,313
Other business – diversified		57,419		1,071		2,337		58,685
Other consumer – diversified		29,069		471		1,344		29,942
Total corporate securities		161,804		4,884		4,680		161,600
Redeemable preferred stocks:
Other consumer – diversified		192		—		—		192
Total redeemable preferred stocks		192		—		—		192
Total fixed maturities		210,670		5,706		5,541		210,505
Equity securities:
Common and non-redeemable preferred stocks:
Utilities and telecom		1,601		637		—		964
Financial services		5,402		574		—		4,828
Other business – diversified		244		197		—		47
Other consumer – diversified		13,010		7,396		—		5,614
Total equity securities		20,257		8,804		—		11,453
Other invested assets		9,709		—		—		9,709
Policy loans		2,265		—		—		2,265
Real estate		38		—		—		38
Investments in unconsolidated trusts		1,238		—		—		1,238
Total investments	$	244,177	$	14,510	$	5,541	$	235,208

	2015
	Carrying Value		Gross Unrealized Gains		Gross Unrealized Losses		Cost or Amortized Cost
Fixed maturities:
Bonds:
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	22,234	$	290	$	175	$	22,119
Obligations of states and political subdivisions		25,479		621		552		25,410
Corporate securities:
Utilities and telecom		17,589		1,357		692		16,924
Financial services		54,035		1,797		1,351		53,589
Other business – diversified		60,960		729		5,898		66,129
Other consumer – diversified		24,581		136		1,391		25,836
Total corporate securities		157,165		4,019		9,332		162,478
Redeemable preferred stocks:
Financial services		253		3		—		250
Other consumer – diversified		193		—		—		193
Total redeemable preferred stocks		446		3		—		443
Total fixed maturities		205,324		4,933		10,059		210,450
Equity securities:
Common and non-redeemable preferred stocks:
Utilities and telecom		1,386		422		—		964
Financial services		5,175		847		—		4,328
Other business – diversified		198		151		—		47
Other consumer – diversified		16,372		10,758		—		5,614
Total equity securities		23,131		12,178		—		10,953
Other invested assets		6,454		—		—		6,454
Policy loans		2,200		—		—		2,200
Real estate		38		—		—		38
Investments in unconsolidated trusts		1,238		—		—		1,238
Total investments	$	238,385	$	17,111	$	10,059	$	231,333

Investments aggregated by industry

The following table sets forth the carrying value, cost or amortized cost, and net unrealized gains (losses) of the Company’s investments aggregated by industry as of December 31, 2016 and 2015.

	2016							2015
	Carrying Value		Cost or Amortized Cost		Unrealized Gains (Losses)			Carrying Value		Cost or Amortized Cost		Unrealized Gains (Losses)
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	31,102	$	31,458	$	(356	)	$	22,234	$	22,119	$	115
Obligations of states and political subdivisions		17,572		17,255		317			25,479		25,410		69
Utilities and telecom		19,635		17,624		2,011			18,975		17,888		1,087
Financial services		62,684		61,141		1,543			59,463		58,167		1,296
Other business – diversified		57,663		58,732		(1,069	)		61,158		66,176		(5,018	)
Other consumer – diversified		42,271		35,748		6,523			41,146		31,643		9,503
Other investments		13,250		13,250		—			9,930		9,930		—
Total investments	$	244,177	$	235,208	$	8,969		$	238,385	$	231,333	$	7,052

Investment securities with continuous unrealized loss position

	2016
	Less than 12 months				12 months or longer				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	23,494	$	553	$	—	$	—	$	23,494	$	553
Obligations of states and political subdivisions		8,747		308		—		—		8,747		308
Corporate securities		59,404		2,124		20,587		2,556		79,991		4,680
Total temporarily impaired securities	$	91,645	$	2,985	$	20,587	$	2,556	$	112,232	$	5,541

	2015
	Less than 12 months				12 months or longer				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
U.S. Treasury securities and obligations of U.S. Government agencies and authorities	$	9,209	$	120	$	2,243	$	55	$	11,452	$	175
Obligations of states and political subdivisions		16,079		552		—		—		16,079		552
Corporate securities		79,482		4,284		16,131		5,048		95,613		9,332
Total temporarily impaired securities	$	104,770	$	4,956	$	18,374	$	5,103	$	123,144	$	10,059

Financial instruments carried at fair value measured on a recurring basis

As of December 31, 2016, financial instruments carried at fair value were measured on a recurring basis as summarized below:

Assets:	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total
Fixed maturities	$	—	$	209,406		$	1,264	⁽¹⁾	$	210,670
Equity securities		15,153		5,104	⁽¹⁾		—			20,257
Cash equivalents		9,811		—			—			9,811
Total	$	24,964	$	214,510		$	1,264		$	240,738

⁽¹⁾

All underlying securities are financial service industry related.

As of December 31, 2015, financial instruments carried at fair value were measured on a recurring basis as summarized below:

Assets:	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total
Fixed maturities	$	—	$	203,087		$	2,237	⁽¹⁾	$	205,324
Equity securities		18,245		4,886	⁽¹⁾		—			23,131
Cash equivalents		13,772		—			—			13,772
Total	$	32,017	$	207,973		$	2,237		$	242,227

⁽¹⁾

All underlying securities are financial service industry related.

Roll-forward of financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3)

	Fixed Maturities
Balance, January 1, 2015	$	2,214
Total unrealized gains included in other comprehensive loss		23
Balance, December 31, 2015		2,237
Total realized gains included in earnings		57
Total unrealized losses included in other comprehensive income		(30	)
Settlements		(1,000	)
Balance, December 31, 2016	$	1,264

Amortized cost and carrying value of fixed maturities by contractual maturity

	2016				2015
	Carrying Value		Amortized Cost		Carrying Value		Amortized Cost
Due in one year or less	$	2,544	$	2,507	$	4,143	$	4,113
Due after one year through five years		20,278		20,038		20,557		20,591
Due after five years through ten years		90,667		90,926		99,614		103,066
Due after ten years		80,099		79,627		79,882		81,684
Varying maturities		17,082		17,407		1,128		996
Totals	$	210,670	$	210,505	$	205,324	$	210,450

Investment income earned

Investment income was earned from the following sources:

	2016			2015
Fixed maturities	$	9,122		$	9,327
Equity securities		491			488
Other		271			270
Total investment income		9,884			10,085
Less investment expenses, included in other expenses		(577	)		(552	)
Net investment income	$	9,307		$	9,533

Summary of realized investment gains (losses)

A summary of realized investment gains (losses) follows:

	2016
	Fixed Maturities			Equity Securities		Other Invested Assets		Total
Gains	$	1,119		$	—	$	1,565	$	2,684
Losses		(89	)		—		—		(89	)
Realized investment gains, net	$	1,030		$	—	$	1,565	$	2,595

	2015
	Fixed Maturities			Equity Securities			Other Invested Assets		Total
Gains	$	2,347		$	—		$	3,154	$	5,501
Losses		(628	)		(16	)		—		(644	)
Realized investment gains, net	$	1,719		$	(16	)	$	3,154	$	4,857

Proceeds from sales of investments

Proceeds from the sales of investments were as follows:

	2016		2015
Fixed maturities	$	59,072	$	80,995
Other investments		3,289		3,878
Total proceeds	$	62,361	$	84,873

Insurance Reserves and Policyholder Funds (Tables)

12 Months Ended

Dec. 31, 2016

Insurance Reserves And Policyholder Funds [Abstract]

Reserves for life, accident, health and property and casualty losses, including loss adjustment expenses

The following table presents the Company’s reserves for life, accident and health, and property and casualty losses, claims and loss adjustment expenses at December 31, 2016 and 2015.

					Amount of Insurance In Force, Net
	2016		2015		2016		2015
Future policy benefits
Life insurance policies:
Ordinary	$	54,554	$	54,130	$	245,017	$	247,590
Mass market		2,003		2,205		2,463		2,758
Individual annuities		84		103		—		—
		56,641		56,438	$	247,480	$	250,348
Accident and health insurance policies		18,202		15,698
		74,843		72,136
Unearned premiums		23,208		25,348
Losses, claims and loss adjustment expenses		62,562		63,870
Other policy liabilities		2,066		1,991
Total insurance reserves and policyholder funds	$	162,679	$	163,345

Summary of activity in liabilities for unpaid loss and claim reserved

Activity in the liability for unpaid loss and claim reserves is summarized as follows:

	2016			2015
Balance at January 1	$	63,870		$	66,625
Less: Reinsurance recoverable on unpaid losses		(11,741	)		(14,302	)
Net balance at January 1		52,129			52,323

Incurred related to:
Current year		103,252			99,447
Prior years		(3,377	)		(701	)
Total incurred		99,875			98,746

Paid related to:
Current year		71,980			68,159
Prior years		28,258			30,781
Total paid		100,238			98,940
Net balance at December 31		51,766			52,129
Plus: Reinsurance recoverable on unpaid losses		10,796			11,741
Balance at December 31	$	62,562		$	63,870

Reconciliation of total incurred losses to total insurance benefits and losses

Following is a reconciliation of total incurred losses to total insurance benefits and losses incurred:

	2016		2015
Total incurred losses	$	99,875	$	98,746
Cash surrender value and matured endowments		1,278		1,390
Benefit reserve changes		2,044		1,228
Total insurance benefits and losses incurred	$	103,197	$	101,364

Information about incurred and paid claims development

The information about incurred and paid claims development for the years ended December 31, 2007 to 2016 is presented as supplementary information.

Medicare Supplement

	For the Years Ended December 31,
	(Unaudited)																				As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																				IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2007	$	29,616	$	29,169	$	29,230	$	29,225	$	29,214	$	29,213	$	29,213	$	29,212	$	29,111	$	29,211	$	—		526,227
2008				29,344		28,698		28,721		28,712		28,688		28,687		28,683		28,683		28,682		—		528,104
2009						31,124		30,455		30,481		30,447		30,438		30,432		30,431		30,430		—		555,808
2010								34,849		34,328		34,323		34,303		34,282		34,272		34,268		—		620,799
2011										38,188		38,296		38,360		38,327		38,316		38,302		—		658,696
2012												50,021		50,996		51,021		50,998		50,989		—		860,258
2013														56,974		56,970		57,034		57,023		—		949,778
2014																57,179		56,938		56,981		—		933,020
2015																		55,482		54,939		62		890,878
2016																				58,849		9,520		879,603
																			$	439,674

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016
2007	$	24,324	$	29,169	$	29,230	$	29,255	$	29,214	$	29,213	$	29,213	$	29,212	$	29,211	$	29,211
2008				24,055		28,698		28,721		28,712		28,688		28,687		28,683		28,683		28,682
2009						29,866		30,455		30,481		30,447		30,438		30,432		30,431		30,430
2010								29,127		34,328		34,323		34,303		34,282		34,272		34,268
2011										31,720		38,296		38,360		38,327		38,316		38,302
2012												42,267		50,996		51,021		50,998		50,989
2013														47,770		56,970		57,034		57,023
2014																48,024		56,938		56,981
2015																		45,430		54,876
2016																				49,165
																			$	429,927
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																			$	9,747

Automobile Liability

	For the Years Ended December 31,
	(Unaudited)																				As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																				IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2007	$	6,711	$	6,733	$	7,415	$	7,407	$	7,253	$	7,296	$	7,299	$	7,314	$	7,303	$	7,290	$	—		1,663
2008				9,723		7,011		6,627		6,374		6,124		6,112		6,106		6,104		6,105		—		1,534
2009						10,817		8,891		8,659		8,558		8,245		8,123		8,155		8,154		—		1,754
2010								10,752		10,818		10,547		9,937		10,068		10,185		10,202		18		1,946
2011										12,263		13,802		13,235		13,289		13,281		13,495		65		2,129
2012												12,980		15,007		14,108		13,707		13,313		19		2,338
2013														18,664		20,702		21,096		21,823		906		3,251
2014																20,812		21,881		22,041		1,683		3,522
2015																		18,521		19,857		2,992		3,431
2016																				20,549		7,421		3,374
																			$	142,829

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016
2007	$	2,631	$	4,792	$	5,957	$	6,519	$	6,824	$	7,008	$	7,230	$	7,247	$	7,249	$	7,290
2008				2,426		4,202		5,077		5,695		5,839		6,065		6,104		6,104		6,105
2009						3,250		5,208		6,353		7,502		7,995		8,123		8,155		8,154
2010								3,211		6,274		8,291		9,382		9,725		10,056		10,090
2011										4,205		7,934		9,858		12,071		13,039		13,106
2012												4,627		8,791		11,507		12,932		13,197
2013														5,144		12,193		16,782		19,407
2014																6,822		13,807		17,554
2015																		6,226		11,878
2016																				6,796
																			$	113,577
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																			$	29,252

Automobile Physical Damage

	For the Years Ended December 31,
	(Unaudited)										As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance										IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2012	$	5,478	$	5,114	$	5,113	$	5,070	$	5,070	$	—		1,129
2013				6,039		5,515		5,536		5,599		—		1,598
2014						8,079		7,657		7,583		1		1,633
2015								8,287		7,955		2		1,583
2016										6,877		196		1,187
									$	33,084

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2012		2013		2014		2015		2016
2012	$	4,610	$	5,075	$	5,089	$	5,067	$	5,067
2013				4,778		5,486		5,466		5,599
2014						6,437		7,619		7,570
2015								6,745		7,937
2016										5,804
									$	31,977
All outstanding liabilities before 2012, net of reinsurance										41
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance									$	1,148

General Liability

	For the Years Ended December 31,
	(Unaudited)																				As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																				IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2007	$	6,549	$	5,124	$	4,648	$	4,293	$	3,960	$	4,257	$	4,377	$	4,457	$	4,443	$	4,503	$	17		488
2008				5,386		4,359		2,858		2,685		2,479		2,489		2,507		2,548		2,647		20		387
2009						3,392		2,215		1,944		1,730		1,702		1,727		1,828		1,832		4		283
2010								4,114		2,699		2,269		2,337		2,258		2,400		2,423		10		288
2011										3,022		1,723		1,452		1,338		1,174		1,242		17		198
2012												4,055		1,305		1,269		1,270		1,214		23		155
2013														3,461		728		926		817		2		186
2014																3,744		501		557		128		189
2015																		4,421		1,037		467		136
2016																				3,119		2,660		63
																			$	19,391

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016
2007	$	901	$	1,825	$	2,566	$	2,993	$	3,387	$	3,595	$	3,966	$	4,214	$	4,371	$	4,426
2008				534		1,091		1,637		1,861		2,023		2,123		2,418		2,506		2,564
2009						476		941		1,082		1,410		1,629		1,662		1,796		1,816
2010								284		678		1,374		1,542		2,037		2,368		2,382
2011										295		412		582		835		1,161		1,169
2012												371		707		847		1,034		1,113
2013														104		339		579		811
2014																171		299		331
2015																		98		259
2016																				116
																			$	14,987
All outstanding liabilities before 2007, net of reinsurance																				238
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																			$	4,642

Surety

	For the Years Ended December 31,
	(Unaudited)																				As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																				IBNR Reserves		Cumulative Number of Reported Claims
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		IBNR Reserves		Cumulative Number of Reported Claims
2007	$	3,287	$	1,953	$	893	$	983	$	1,084	$	868	$	856	$	818	$	814	$	769	$	—		37
2008				3,883		2,098		2,420		2,312		2,312		2,360		2,360		2,324		2,324		—		62
2009						4,920		5,025		4,239		3,951		3,616		4,636		4,916		4,664		—		83
2010								3,995		4,624		3,618		3,396		3,607		3,549		3,563		—		93
2011										4,422		4,786		5,080		5,092		4,966		5,031		1		124
2012												4,979		4,767		5,396		5,345		4,869		—		86
2013														3,060		2,007		2,743		2,947		31		56
2014																3,214		3,130		2,990		75		46
2015																		1,902		1,630		377		48
2016																				3,314		1,703		41
																			$	32,101

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007		2008		2009		2010		2011		2012		2013		2014		2015		2016
2007	$	255	$	519	$	664	$	698	$	937	$	849	$	853	$	816	$	814	$	769
2008				503		1,369		2,261		2,232		2,311		2,359		2,360		2,324		2,324
2009						103		1,595		2,640		3,205		3,410		3,760		3,757		4,663
2010								928		2,193		2,780		2,943		3,252		3,545		3,560
2011										1,031		3,207		4,622		4,748		4,939		5,022
2012												2,257		4,581		4,856		5,331		4,869
2013														323		1,010		1,369		2,763
2014																1,331		2,327		2,727
2015																		641		856
2016																				1,054
																			$	28,607
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																			$	3,494

Supplementary information about average historical claims duration

The following is supplementary information about average historical claims duration as of December 31, 2016.

Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (Unaudited)
Reserve Line	1st Year			2nd Year			3rd Year			4th Year			5th Year			6th Year			7th Year			8th Year			9th Year			10th Year
Medicare Supplement		83.7	%		16.3	%		0.1	%		-0.1	%		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%
Automobile Liability		33.2	%		29.3	%		17.1	%		11.7	%		4.2	%		2.3	%		1.1	%		0.1	%		0.0	%		0.6	%
Automobile Physical Damage		86.1	%		13.1	%		-0.2	%		1.0	%		0.0	%
General Liability		18.9	%		20.8	%		16.7	%		15.3	%		13.3	%		4.9	%		6.8	%		3.3	%		2.8	%		1.2	%
Surety		27.7	%		33.3	%		19.4	%		11.3	%		7.0	%		1.6	%		0.2	%		4.4	%		-0.1	%		-5.9	%

Reconciliation of net incurred and paid claims development

The reconciliation of the net incurred and paid claims development tables to the liability for losses, claims and loss adjustment expenses is as follows:

	December 31, 2016
Net outstanding liabilities:
Medicare Supplement	$	9,747
Automobile Liability		29,252
Automobile Physical Damage		1,148
General Liability		4,642
Surety		3,494
Other short-duration insurance lines		2,060
Liabilities for unpaid losses, claims and loss adjustment expenses, net of reinsurance		50,343

Reinsurance recoverable on unpaid losses:
Medicare Supplement		990
Automobile Liability		5,556
Automobile Physical Damage		106
General Liability		4,135
Other insurance lines		9
Total reinsurance recoverable on unpaid losses		10,796

Unallocated claims adjustment expenses		1,423

Total gross liability for unpaid losses, claims and loss adjustment expenses	$	62,562

Reinsurance (Tables)

12 Months Ended

Dec. 31, 2016

Reinsurance [Abstract]

Effects of reinsurance on premiums written, premiums earned and insurance benefits and losses incurred

The effects of reinsurance on premiums written, premiums earned and insurance benefits and losses incurred were as follows:

	2016			2015
Direct premiums written	$	142,200		$	138,035
Assumed premiums written		19,123			18,656
Ceded premiums written		(10,225	)		(4,995	)
Net premiums written	$	151,098		$	151,696

Direct premiums earned	$	144,339		$	137,436
Assumed premiums earned		19,124			18,451
Ceded premiums earned		(9,998	)		(4,995	)
Net premiums earned	$	153,465		$	150,892

Provision for benefits and losses incurred	$	109,616		$	104,286
Reinsurance loss recoveries		(6,419	)		(2,922	)
Insurance benefits and losses incurred	$	103,197		$	101,364

Components of reinsurance recoverables

Components of reinsurance recoverables at December 31, 2016 and 2015 were as follows:

	2016		2015
Recoverable on unpaid losses	$	10,796	$	11,741
Recoverable on unpaid benefits		655		—
Recoverable on paid losses		—		18
Ceded unearned premiums		227		—
Ceded advanced premiums		25		—
Total reinsurance recoverables	$	11,703	$	11,759

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Taxes [Abstract]

Allocation of total income taxes

Total income taxes were allocated as follows:

	2016		2015
Total tax expense on income	$	888	$	1,320

Tax expense (benefit) on components of shareholders’ equity:
Net unrealized gains (losses) on investment securities		671		(2,528	)
Total tax expense (benefit)	$	1,559	$	(1,208	)

Reconciliation of income tax expense

A reconciliation of the differences between income taxes computed at the federal statutory income tax rate and the income tax expense is as follows:

	2016			2015
Federal income tax provision at statutory rate of 35%	$	1,233		$	1,998
Dividends-received deduction		(95	)		(99	)
Small life insurance company deduction		(376	)		(582	)
Other		55			42
Adjustment for prior years’ estimates to actual		71			(39	)
Income tax expense	$	888		$	1,320
Effective tax rate		25.2	%		23.1	%

Deferred tax liabilities and assets

Deferred tax liabilities and assets at December 31, 2016 and 2015 were comprised of the following:

	2016			2015
Deferred tax liabilities:
Deferred acquisition costs	$	(2,345	)	$	(2,623	)
Deferred and uncollected premiums		(654	)		(677	)
Net unrealized investment gains		(3,140	)		(2,469	)
Other		(666	)		(642	)
Total deferred tax liabilities		(6,805	)		(6,411	)
Deferred tax assets:
Insurance reserves		4,589			4,522
Impaired assets		1,454			1,474
Alternative minimum tax credit		282			504
Bad debts and other		640			740
Total deferred tax assets		6,965			7,240
Net deferred tax asset	$	160		$	829

Components of income tax expense

The components of income tax expense were:

	2016			2015
Current - Federal	$	890		$	1,016
Deferred - Federal		(2	)		304
Total	$	888		$	1,320

Junior Subordinated Debentures (Tables)

12 Months Ended

Dec. 31, 2016

Junior Subordinated Debentures [Abstract]

Financial structure of statutory business trusts

The financial structure of each of Atlantic American Statutory Trust I and II, as of December 31, 2016 and 2015, was as follows:

	Atlantic American Statutory Trust I	Atlantic American Statutory Trust II
JUNIOR SUBORDINATED DEBENTURES⁽¹⁾⁽²⁾
Principal amount owed	$18,042	$23,196
Balance December 31, 2016	$18,042	$23,196
Less: Treasury debt⁽³⁾	—	(7,500)
Net balance December 31, 2016	$18,042	$15,696
Net balance December 31, 2015	$18,042	$15,696
Coupon rate	LIBOR + 4.00%	LIBOR + 4.10%
Interest payable	Quarterly	Quarterly
Maturity date	December 4, 2032	May 15, 2033
Redeemable by issuer	Yes	Yes
TRUST PREFERRED SECURITIES
Issuance date	December 4, 2002	May 15, 2003
Securities issued	17,500	22,500
Liquidation preference per security	$ 1	$ 1
Liquidation value	$17,500	$22,500
Coupon rate	LIBOR + 4.00%	LIBOR + 4.10%
Distribution payable	Quarterly	Quarterly
Distribution guaranteed by⁽⁴⁾	Atlantic American Corporation	Atlantic American Corporation

⁽¹⁾

⁽²⁾

⁽³⁾

On August 4, 2014, the Company acquired $7,500 of the Junior Subordinated Debentures.

⁽⁴⁾

Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Common Share [Abstract]

Reconciliation of numerator and denominator used in earnings per common share calculations

A reconciliation of the numerator and denominator of the earnings per common share calculations is as follows:

	For the Year Ended December 31, 2016
	Income			Shares (In thousands)		Per Share Amount
Basic and Diluted Earnings Per Common Share
Net income before preferred stock dividends	$	2,636			20,445
Less preferred stock dividends		(399	)		—
Net income applicable to common shareholders	$	2,237			20,445	$	.11

	For the Year Ended December 31, 2015
	Income			Shares (In thousands)		Per Share Amount
Basic and Diluted Earnings Per Common Share
Net income before preferred stock dividends	$	4,388			20,566
Less preferred stock dividends		(399	)		—
Net income applicable to common shareholders	$	3,989			20,566	$	.19

Statutory Reporting (Tables)

12 Months Ended

Dec. 31, 2016

Statutory Reporting [Abstract]

Reported statutory net income and surplus for the Parent's insurance subsidiaries

The amount of reported statutory net income and surplus (shareholders’ equity) for the Parent’s insurance subsidiaries for the years ended December 31 was as follows:

	2016		2015
Life and Health, net income	$	1,133	$	4,147
Property and Casualty, net income		6,470		5,290
Statutory net income	$	7,603	$	9,437

Life and Health, surplus	$	33,430	$	35,322
Property and Casualty, surplus		41,489		38,308
Statutory surplus	$	74,919	$	73,630

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

Revenue and income (loss) before tax for each business unit

Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Information [Abstract]

	For the Year Ended December 31, 2016
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums	$	53,763		$	99,702		$	—		$	—		$	153,465
Insurance benefits and losses incurred		34,408			68,789			—			—			103,197
Expenses deferred		(7,834	)		(5,159	)		—			—			(12,993	)
Amortization and depreciation expense		8,709			3,667			713			—			13,089
Other expenses		15,562			37,258			15,761			(9,321	)		59,260
Total expenses		50,845			104,555			16,474			(9,321	)		162,553
Underwriting income (loss)		2,918			(4,853	)
Investment income		3,868			5,725			2,217			(1,926	)		9,884
Other income		—			10			7,518			(7,395	)		133
Operating income (loss)		6,786			882			(6,739	)		—			929
Net realized gains (losses)		528			2,068			(1	)		—			2,595
Income (loss) before income taxes	$	7,314		$	2,950		$	(6,740	)	$	—		$	3,524
Total revenues	$	58,159		$	107,505		$	9,734		$	(9,321	)	$	166,077
Intangibles	$	1,350		$	1,194		$	—		$	—		$	2,544
Total assets	$	123,721		$	168,657		$	138,694		$	(112,472	)	$	318,600

	For the Year Ended December 31, 2015
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums	$	54,508		$	96,384		$	—		$	—		$	150,892
Insurance benefits and losses incurred		35,046			66,318			—			—			101,364
Expenses deferred		(9,093	)		(2,112	)		—			—			(11,205	)
Amortization and depreciation expense		9,057			1,707			673			—			11,437
Other expenses		17,845			33,210			16,789			(9,211	)		58,633
Total expenses		52,855			99,123			17,462			(9,211	)		160,229
Underwriting income (loss)		1,653			(2,739	)
Investment income		4,107			5,680			2,060			(1,762	)		10,085
Other income		10			10			7,532			(7,449	)		103
Operating income (loss)		5,770			2,951			(7,870	)		—			851
Net realized gains		872			3,795			190			—			4,857
Income (loss) before income taxes	$	6,642		$	6,746		$	(7,680	)	$	—		$	5,708
Total revenues	$	59,497		$	105,869		$	9,782		$	(9,211	)	$	165,937
Intangibles	$	1,350		$	1,194		$	—		$	—		$	2,544
Total assets	$	123,445		$	160,964		$	136,869		$	(106,675	)	$	314,603

Disclosures About Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Disclosures About Fair Value of Financial Instruments [Abstract]

Carrying amount, estimated fair value and level within the fair value hierarchy of financial instruments

The following table sets forth the carrying amount, estimated fair value and level within the fair value hierarchy of the Company’s financial instruments as of December 31, 2016 and 2015.

	Level in Fair Value Hierarchy⁽¹⁾	2016				2015
	Level in Fair Value Hierarchy⁽¹⁾	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Assets:
Cash and cash equivalents	Level 1	$	13,252	$	13,252	$	15,622	$	15,622
Fixed maturities	⁽¹⁾		210,670		210,670		205,324		205,324
Equity securities	⁽¹⁾		20,257		20,257		23,131		23,131
Other invested assets	Level 3		9,709		9,709		6,454		7,070
Policy loans	Level 2		2,265		2,265		2,200		2,200
Real estate	Level 2		38		38		38		38
Investments in unconsolidated trusts	Level 2		1,238		1,238		1,238		1,238

Liabilities:
Junior Subordinated Debentures, net	Level 2		33,738		33,738		33,738		33,738

⁽¹⁾

See Note 2 for a description of the fair value hierarchy as well as a disclosure of levels for classes of these financial assets.

Summary of Significant Accounting Policies (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($) Subsidiary	Dec. 31, 2015 USD ($)
Principles of Consolidation [Abstract]
Number of insurance subsidiaries owned by the parent \| Subsidiary	4
Number of non-insurance subsidiaries owned by the parent \| Subsidiary	1
Investments [Abstract]
Estimated fair value	$ 1,264	$ 2,237
Recently Issued Accounting Standards [Abstract]
Equity securities available-for-sale	20,257	$ 23,131
ASU 2016-01 [Member]
Recently Issued Accounting Standards [Abstract]
Equity securities available-for-sale	20,257
Equity securities unrealized gains, net of tax	5,723
New accounting pronouncement, effect of change on income, net of tax	$ (2,193)

Investments, Aggregated by Type and Industry (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($) Securities Issuer	Dec. 31, 2015 USD ($)
Investments aggregated by type and industry [Abstract]
Carrying value	$ 210,670	$ 205,324
Gross unrealized gains	5,706	4,933
Gross unrealized losses	5,541	10,059
Cost or amortized cost	210,505	210,450
Carrying value	20,257	23,131
Gross unrealized gains	8,804	12,178
Gross unrealized losses	0	0
Cost or amortized cost	11,453	10,953
Other invested assets	9,709	6,454
Other invested assets, cost or amortized cost	9,709	6,454
Policy loans	2,265	2,200
Policy loans, cost or amortized cost	2,265	2,200
Real estate	38	38
Real estate, cost or amortized cost	38	38
Investment in unconsolidated trusts	1,238	1,238
Investment in unconsolidated trusts, cost or amortized cost	1,238	1,238
Total investments	244,177	238,385
Total investments, gross unrealized gains	14,510	17,111
Total investments, gross unrealized losses	5,541	10,059
Total investments, cost or amortized cost	235,208	231,333
Amortized cost of bonds on deposit with insurance regulatory authorities	$ 11,435	11,259
Number of securities in unrealized loss position \| Securities	77
Oil and Gas Properties [Member]
Investments aggregated by type and industry [Abstract]
Gross unrealized losses	$ 1,194
Fixed maturity investments, number of issuers \| Issuer	7
Fixed Maturities - U.S. Treasury Securities and Obligations of U.S. Government Agencies and Authorities [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	$ 31,102	22,234
Gross unrealized gains	197	290
Gross unrealized losses	553	175
Cost or amortized cost	31,458	22,119
Fixed Maturities - Obligations of States and Political Subdivisions [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	17,572	25,479
Gross unrealized gains	625	621
Gross unrealized losses	308	552
Cost or amortized cost	17,255	25,410
Fixed Maturities - Corporate Securities [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	161,804	157,165
Gross unrealized gains	4,884	4,019
Gross unrealized losses	4,680	9,332
Cost or amortized cost	161,600	162,478
Fixed Maturities - Utilities and Telecom [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	18,034	17,589
Gross unrealized gains	1,462	1,357
Gross unrealized losses	88	692
Cost or amortized cost	16,660	16,924
Fixed Maturities - Financial Services [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	57,282	54,035
Gross unrealized gains	1,880	1,797
Gross unrealized losses	911	1,351
Cost or amortized cost	56,313	53,589
Fixed Maturities - Other Business - Diversified [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	57,419	60,960
Gross unrealized gains	1,071	729
Gross unrealized losses	2,337	5,898
Cost or amortized cost	58,685	66,129
Fixed Maturities - Other Consumer - Diversified [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	29,069	24,581
Gross unrealized gains	471	136
Gross unrealized losses	1,344	1,391
Cost or amortized cost	29,942	25,836
Fixed Maturities - Redeemable Preferred Stocks [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	192	446
Gross unrealized gains	0	3
Gross unrealized losses	0	0
Cost or amortized cost	192	443
Fixed Maturities - Financial Services [Member]
Investments aggregated by type and industry [Abstract]
Carrying value		253
Gross unrealized gains		3
Gross unrealized losses		0
Cost or amortized cost		250
Fixed Maturities - Other Consumer Diversified [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	192	193
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Cost or amortized cost	192	193
Equity Securities - Utilities and Telecom [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	1,601	1,386
Gross unrealized gains	637	422
Gross unrealized losses	0	0
Cost or amortized cost	964	964
Equity Securities - Financial Services [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	5,402	5,175
Gross unrealized gains	574	847
Gross unrealized losses	0	0
Cost or amortized cost	4,828	4,328
Equity Securities - Other Business Diversified [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	244	198
Gross unrealized gains	197	151
Gross unrealized losses	0	0
Cost or amortized cost	47	47
Equity Securities - Other Consumer Diversified [Member]
Investments aggregated by type and industry [Abstract]
Carrying value	13,010	16,372
Gross unrealized gains	7,396	10,758
Gross unrealized losses	0	0
Cost or amortized cost	$ 5,614	$ 5,614

Investments, Aggregated by Industry (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investments aggregated by industry [Abstract]
Carrying value	$ 210,670	$ 205,324
Cost or amortized cost	210,505	210,450
Carrying value	244,177	238,385
Cost or amortized cost	235,208	231,333
Unrealized gains (losses)	8,969	7,052
U.S. Treasury Securities and Obligations of U.S. Government Agencies and Authorities [Member]
Investments aggregated by industry [Abstract]
Carrying value	31,102	22,234
Cost or amortized cost	31,458	22,119
Unrealized gains (losses)	(356)	115
Obligations of States and Political Subdivisions [Member]
Investments aggregated by industry [Abstract]
Carrying value	17,572	25,479
Cost or amortized cost	17,255	25,410
Unrealized gains (losses)	317	69
Utilities and Telecom [Member]
Investments aggregated by industry [Abstract]
Carrying value	19,635	18,975
Cost or amortized cost	17,624	17,888
Unrealized gains (losses)	2,011	1,087
Financial Services [Member]
Investments aggregated by industry [Abstract]
Carrying value	62,684	59,463
Cost or amortized cost	61,141	58,167
Unrealized gains (losses)	1,543	1,296
Other Business - Diversified [Member]
Investments aggregated by industry [Abstract]
Carrying value	57,663	61,158
Cost or amortized cost	58,732	66,176
Unrealized gains (losses)	(1,069)	(5,018)
Other Consumer - Diversified [Member]
Investments aggregated by industry [Abstract]
Carrying value	42,271	41,146
Cost or amortized cost	35,748	31,643
Unrealized gains (losses)	6,523	9,503
Other Investments [Member]
Investments aggregated by industry [Abstract]
Carrying value	13,250	9,930
Cost or amortized cost	$ 13,250	$ 9,930

Investments, Securities with Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Available-for-sale securities, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months	$ 91,645	$ 104,770
12 months or longer	20,587	18,374
Total Fair Value	112,232	123,144
Available-for-sale securities, continuous unrealized loss position, Unrealized Losses [Abstract]
Less than 12 months	2,985	4,956
12 months or longer	2,556	5,103
Total Unrealized Losses	5,541	10,059
Fixed Maturities - U.S. Treasury Securities and Obligations of U.S. Government Agencies and Authorities [Member]
Available-for-sale securities, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months	23,494	9,209
12 months or longer	0	2,243
Total Fair Value	23,494	11,452
Available-for-sale securities, continuous unrealized loss position, Unrealized Losses [Abstract]
Less than 12 months	553	120
12 months or longer	0	55
Total Unrealized Losses	553	175
Fixed Maturities - Obligations of States and Political Subdivisions [Member]
Available-for-sale securities, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months	8,747	16,079
12 months or longer	0	0
Total Fair Value	8,747	16,079
Available-for-sale securities, continuous unrealized loss position, Unrealized Losses [Abstract]
Less than 12 months	308	552
12 months or longer	0	0
Total Unrealized Losses	308	552
Fixed Maturities - Corporate Securities [Member]
Available-for-sale securities, continuous unrealized loss position, Fair Value [Abstract]
Less than 12 months	59,404	79,482
12 months or longer	20,587	16,131
Total Fair Value	79,991	95,613
Available-for-sale securities, continuous unrealized loss position, Unrealized Losses [Abstract]
Less than 12 months	2,124	4,284
12 months or longer	2,556	5,048
Total Unrealized Losses	$ 4,680	$ 9,332

Investments, Roll-forward of Financial Instruments Measured at Fair Value (Details) - Fixed Maturities [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Assets measured at fair value on a recurring basis [Abstract]
Balance, beginning of period	$ 2,237	$ 2,214
Total realized gains included in earnings	57
Total unrealized gains (losses) included in other comprehensive income (loss)	(30)	23
Settlements	(1,000)
Balance, end of period	$ 1,264	$ 2,237

Investments, Fixed Maturities by Contractual Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Carrying Value [Abstract]
Due in one year or less	$ 2,544	$ 4,143
Due after one year through five years	20,278	20,557
Due after five years through ten years	90,667	99,614
Due after ten years	80,099	79,882
Varying maturities	17,082	1,128
Totals	210,670	205,324
Amortized Cost [Abstract]
Due in one year or less	2,507	4,113
Due after one year through five years	20,038	20,591
Due after five years through ten years	90,926	103,066
Due after ten years	79,627	81,684
Varying maturities	17,407	996
Cost or amortized cost	$ 210,505	$ 210,450

Investments, Income Earned (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Investment income earned [Abstract]
Total investment income	$ 9,884	$ 10,085
Less investment expenses, included in other expenses	(577)	(552)
Net investment income	9,307	9,533
Fixed Maturities [Member]
Investment income earned [Abstract]
Total investment income	9,122	9,327
Equity Securities [Member]
Investment income earned [Abstract]
Total investment income	491	488
Other Investments [Member]
Investment income earned [Abstract]
Total investment income	$ 271	$ 270

Investments, Summary of Realized Investment Gains (Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Summary of realized investment gains (losses) [Abstract]
Gains	$ 2,684	$ 5,501
Losses	(89)	(644)
Realized investment gains, net	2,595	4,857
Proceeds from sales of investments [Abstract]
Total proceeds	$ 62,361	84,873
Percentage of investment grade securities in bond portfolio	88.00%
Fixed Maturities [Member]
Summary of realized investment gains (losses) [Abstract]
Gains	$ 1,119	2,347
Losses	(89)	(628)
Realized investment gains, net	1,030	1,719
Proceeds from sales of investments [Abstract]
Total proceeds	59,072	80,995
Equity Securities [Member]
Summary of realized investment gains (losses) [Abstract]
Gains	0	0
Losses	0	(16)
Realized investment gains, net	0	(16)
Other Investments [Member]
Summary of realized investment gains (losses) [Abstract]
Gains	1,565	3,154
Losses	0	0
Realized investment gains, net	1,565	3,154
Proceeds from sales of investments [Abstract]
Total proceeds	$ 3,289	$ 3,878

Insurance Reserves and Policyholder Funds (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Reserves for life, accident and health [Abstract]
Future policy benefits			$ 74,843	$ 72,136
Amount of Insurance In Force, Net			247,480	250,348
Unearned premiums			23,208	25,348
Losses, claims and loss adjustment expenses	$ 63,870	$ 63,870	62,562	63,870
Other policy liabilities			2,066	1,991
Total insurance reserves and policyholder funds			162,679	163,345
Annualized premiums for accident and health insurance policies	95,956	87,480
Summary of activity in liability for unpaid loss and claim reserves [Abstract]
Balance at January 1	63,870	66,625
Less: Reinsurance recoverable on unpaid losses	(11,741)	(14,302)
Net balance at January 1	52,129	52,323
Incurred related to [Abstract]
Current year	103,252	99,447
Prior years	(3,377)	(701)
Total incurred	99,875	98,746
Paid related to [Abstract]
Current year	71,980	68,159
Prior years	28,258	30,781
Total paid	100,238	98,940
Net balance at December 31	51,766	52,129
Plus: Reinsurance recoverable on unpaid losses	10,796	11,741
Balance at December 31	62,562	63,870
Reconciliation of total incurred claims to total insurance benefits and losses incurred [Abstract]
Total incurred losses	99,875	98,746
Cash surrender value and matured endowments	1,278	1,390
Benefit reserve changes	2,044	1,228
Total insurance benefits and losses incurred	$ 103,197	$ 101,364
Ordinary [Member]
Reserves for life, accident and health [Abstract]
Future policy benefits			54,554	54,130
Amount of Insurance In Force, Net			245,017	247,590
Mass market [Member]
Reserves for life, accident and health [Abstract]
Future policy benefits			2,003	2,205
Amount of Insurance In Force, Net			2,463	2,758
Individual annuities [Member]
Reserves for life, accident and health [Abstract]
Future policy benefits			84	103
Amount of Insurance In Force, Net			0	0
Life insurance segment [Member]
Reserves for life, accident and health [Abstract]
Future policy benefits			56,641	56,438
Amount of Insurance In Force, Net			247,480	250,348
Accident and health insurance [Member]
Reserves for life, accident and health [Abstract]
Future policy benefits			$ 18,202	$ 15,698
Life, accident and health insurance [Member] \| Prior to 1977 [Member]
Future policy benefits [Abstract]
Policy issue range for future benefits assumptions	prior to 1977
Life, accident and health insurance [Member] \| Prior to 1977 [Member] \| Minimum [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	2.50%
Life, accident and health insurance [Member] \| Prior to 1977 [Member] \| Maximum [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	5.50%
Life, accident and health insurance [Member] \| 1977 through 1979 [Member]
Future policy benefits [Abstract]
Policy issue range for future benefits assumptions	1977 through 1979
Life, accident and health insurance [Member] \| 1977 through 1979 [Member] \| Minimum [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	5.50%
Life, accident and health insurance [Member] \| 1977 through 1979 [Member] \| Maximum [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	7.00%
Life, accident and health insurance [Member] \| 1980 through 1987 [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	9.00%
Policy issue range for future benefits assumptions	1980 through 1987
Life, accident and health insurance [Member] \| 1988 through 2009 [Member]
Future policy benefits [Abstract]
Policy issue range for future benefits assumptions	1988 through 2009
Life, accident and health insurance [Member] \| 1988 through 2009 [Member] \| Minimum [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	5.00%
Life, accident and health insurance [Member] \| 1988 through 2009 [Member] \| Maximum [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	7.00%
Life, accident and health insurance [Member] \| 2010 through 2012 [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	4.00%
Policy issue range for future benefits assumptions	2010 through 2012 issues
Life, accident and health insurance [Member] \| 2013 through 2016 [Member]
Future policy benefits [Abstract]
Interest rates assumed for future policy benefits	3.50%
Policy issue range for future benefits assumptions	2013 through 2016 issues

Insurance Reserves and Policyholder Funds, Average Historical Claims Duration (Details)	Dec. 31, 2016
Medicare Supplement [Member]
Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (unaudited) [Abstract]
1st Year	83.70%
2nd Year	16.30%
3rd Year	0.10%
4th Year	(0.10%)
5th Year	0.00%
6th Year	0.00%
7th Year	0.00%
8th Year	0.00%
9th Year	0.00%
10th Year	0.00%
Automobile Liability [Member]
Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (unaudited) [Abstract]
1st Year	33.20%
2nd Year	29.30%
3rd Year	17.10%
4th Year	11.70%
5th Year	4.20%
6th Year	2.30%
7th Year	1.10%
8th Year	0.10%
9th Year	0.00%
10th Year	0.60%
Automobile Physical Damage [Member]
Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (unaudited) [Abstract]
1st Year	86.10%
2nd Year	13.10%
3rd Year	(0.20%)
4th Year	1.00%
5th Year	0.00%
General Liability [Member]
Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (unaudited) [Abstract]
1st Year	18.90%
2nd Year	20.80%
3rd Year	16.70%
4th Year	15.30%
5th Year	13.30%
6th Year	4.90%
7th Year	6.80%
8th Year	3.30%
9th Year	2.80%
10th Year	1.20%
Surety [Member]
Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (unaudited) [Abstract]
1st Year	27.70%
2nd Year	33.30%
3rd Year	19.40%
4th Year	11.30%
5th Year	7.00%
6th Year	1.60%
7th Year	0.20%
8th Year	4.40%
9th Year	(0.10%)
10th Year	(5.90%)

Insurance Reserves and Policyholder Funds, Incurred Paid Claims Reconciliation (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net Outstanding Liabilities [Abstract]
Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance	$ 50,343
Reinsurance Recoverable on Unpaid Claims [Abstract]
Total reinsurance recoverable on unpaid losses	10,796	$ 11,741
Unallocated claims adjustment expenses	1,423
Total gross liability for unpaid losses, claims and loss adjustment expenses	62,562	$ 63,870	$ 66,625
Medicare Supplement [Member]
Net Outstanding Liabilities [Abstract]
Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance	9,747
Reinsurance Recoverable on Unpaid Claims [Abstract]
Total reinsurance recoverable on unpaid losses	990
Automobile Liability [Member]
Net Outstanding Liabilities [Abstract]
Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance	29,252
Reinsurance Recoverable on Unpaid Claims [Abstract]
Total reinsurance recoverable on unpaid losses	5,556
Automobile Physical Damage [Member]
Net Outstanding Liabilities [Abstract]
Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance	1,148
Reinsurance Recoverable on Unpaid Claims [Abstract]
Total reinsurance recoverable on unpaid losses	106
General Liability [Member]
Net Outstanding Liabilities [Abstract]
Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance	4,642
Reinsurance Recoverable on Unpaid Claims [Abstract]
Total reinsurance recoverable on unpaid losses	4,135
Surety [Member]
Net Outstanding Liabilities [Abstract]
Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance	3,494
Other Short-Duration Insurance Lines [Member]
Net Outstanding Liabilities [Abstract]
Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance	2,060
Reinsurance Recoverable on Unpaid Claims [Abstract]
Total reinsurance recoverable on unpaid losses	$ 9

Reinsurance (Details) $ in Thousands	12 Months Ended
Reinsurance (Details) $ in Thousands	Dec. 31, 2016 USD ($) Reinsurer	Dec. 31, 2015 USD ($)
Ceded Credit Risk [Line Items]
Percentage of reinsurance recoverables due from reinsurers	99.00%
Number of reinsurers \| Reinsurer	2
Summary reconciliation of premiums written and premiums earned [Abstract]
Direct premiums written	$ 142,200	$ 138,035
Assumed premiums written	19,123	18,656
Ceded premiums written	(10,225)	(4,995)
Net premiums written	151,098	151,696
Direct premiums earned	144,339	137,436
Assumed premiums earned	19,124	18,451
Ceded premiums earned	(9,998)	(4,995)
Net premiums earned	153,465	150,892
Provision for benefits and losses incurred	109,616	104,286
Reinsurance loss recoveries	(6,419)	(2,922)
Total insurance benefits and losses incurred	103,197	101,364
Components of reinsurance recoverables [Abstract]
Recoverable on unpaid losses	10,796	11,741
Recoverable on unpaid benefits	655	0
Recoverable on paid losses	0	18
Ceded unearned premiums	227	0
Ceded advanced premiums	25	0
Total reinsurance recoverables	11,703	$ 11,759
Swiss Reinsurance Corporation [Member]
Ceded Credit Risk [Line Items]
Reinsurance recoverables due	280
General Reinsurance Corporation [Member]
Ceded Credit Risk [Line Items]
Reinsurance recoverables due	$ 11,326

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Allocation of total income taxes [Abstract]
Total tax expense on income	$ 888	$ 1,320
Tax expense (benefit) on components of shareholders' equity [Abstract]
Net unrealized gains (losses) on investment securities	671	(2,528)
Total tax expense (benefit)	1,559	(1,208)
Reconciliation of income tax (benefit) expense [Abstract]
Federal income tax provision at statutory rate of 35%	1,233	1,998
Dividends-received deduction	(95)	(99)
Small life insurance company deduction	(376)	(582)
Other	55	42
Adjustment for prior years' estimates to actual	71	(39)
Income tax expense	$ 888	$ 1,320
Effective tax rate	25.20%	23.10%
Federal statutory income tax rate	35.00%
SLD as percentage of life insurance company taxable income	60.00%
Percentage of reduction in SLD	15.00%
Tentative amount of LICTI to reduction of SLD	$ 3,000
Tentative amount of LICTI to phase out of SLD	15,000
Deferred tax liabilities [Abstract]
Deferred acquisition costs	(2,345)	$ (2,623)
Deferred and uncollected premiums	(654)	(677)
Net unrealized investment gains	(3,140)	(2,469)
Other	(666)	(642)
Total deferred tax liabilities	(6,805)	(6,411)
Deferred tax assets [Abstract]
Insurance reserves	4,589	4,522
Impaired assets	1,454	1,474
Alternative minimum tax credit	282	504
Bad debts and other	640	740
Total deferred tax assets	6,965	7,240
Net deferred tax asset	160	829
Components of income tax expense [Abstract]
Current - Federal	890	1,016
Deferred - Federal	(2)	304
Income tax expense	$ 888	$ 1,320

Junior Subordinated Debentures (Details)
$ / shares in Units, shares in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2016

USD ($)

Trust

Quarter

$ / shares

Debt Instrument [Line Items]

Number of Connecticut statutory business trusts | Trust

Financial structure of statutory business trusts [Abstract]

Net balance December 31, 2016

$ 33,738

Net balance December 31, 2015

$ 33,738

Junior Subordinated Debentures [Member]

Financial structure of statutory business trusts [Abstract]

Number of consecutive quarters for which interest payments can be deferred | Quarter

Atlantic American Statutory Trust I [Member] | Junior Subordinated Debentures [Member]

Financial structure of statutory business trusts [Abstract]

Principal amount owed

$ 18,042

^[1],[2]

Balance December 31, 2016

18,042

^[1],[2]

Less: Treasury debt

^[1],[2],[3]

Net balance December 31, 2016

18,042

^[1],[2]

Net balance December 31, 2015

$ 18,042

^[1],[2]

Atlantic American Statutory Trust I [Member] | Junior Subordinated Debentures [Member] | LIBOR [Member]

LIBOR + 4.00%

^[1],[2]

Interest payable

Quarterly

^[1],[2]

Maturity date

Dec. 04, 2032

^[1],[2]

Redeemable by issuer

Yes

^[1],[2]

Financial structure of statutory business trusts [Abstract]

Atlantic American Statutory Trust I [Member] | Trust Preferred Securities [Member]

4.00%

Financial structure of statutory business trusts [Abstract]

Securities issued (in shares) | shares

LIBOR + 4.00%

Issuance date

Dec. 04, 2002

17,500

Liquidation preference per security (in dollars per share) | $ / shares

$ 1

Liquidation value

$ 17,500

Distribution payable

Quarterly

Distribution guaranteed by

Atlantic American Corporation

^[4]

Atlantic American Statutory Trust I [Member] | Trust Preferred Securities [Member] | LIBOR [Member]

Financial structure of statutory business trusts [Abstract]

Atlantic American Statutory Trust II [Member] | Junior Subordinated Debentures [Member]

4.00%

Financial structure of statutory business trusts [Abstract]

Principal amount owed

$ 23,196

^[1],[2]

Balance December 31, 2016

23,196

^[1],[2]

Less: Treasury debt

(7,500)

^[1],[2],[3]

Net balance December 31, 2016

15,696

^[1],[2]

Net balance December 31, 2015

$ 15,696

^[1],[2]

Atlantic American Statutory Trust II [Member] | Junior Subordinated Debentures [Member] | LIBOR [Member]

LIBOR + 4.10%

^[1],[2]

Interest payable

Quarterly

^[1],[2]

Maturity date

May 15, 2033

^[1],[2]

Redeemable by issuer

Yes

^[1],[2]

Financial structure of statutory business trusts [Abstract]

Atlantic American Statutory Trust II [Member] | Trust Preferred Securities [Member]

4.10%

Financial structure of statutory business trusts [Abstract]

Securities issued (in shares) | shares

LIBOR + 4.10%

Issuance date

May 15, 2003

22,500

Liquidation preference per security (in dollars per share) | $ / shares

$ 1

Liquidation value

$ 22,500

Distribution payable

Quarterly

Distribution guaranteed by

Atlantic American Corporation

^[4]

Atlantic American Statutory Trust II [Member] | Trust Preferred Securities [Member] | LIBOR [Member]

Financial structure of statutory business trusts [Abstract]

4.10%

[1]	For each of the respective debentures, the Company has the right at any time, and from time to time, to defer payments of interest on the Junior Subordinated Debentures for a period not exceeding 20 consecutive quarters up to the debentures' respective maturity dates. During any such period, interest will continue to accrue and the Company may not declare or pay any cash dividends or distributions on, or purchase, the Company's common stock nor make any principal, interest or premium payments on or repurchase any debt securities that rank equally with or junior to the Junior Subordinated Debentures. The Company has the right at any time to dissolve each of the trusts and cause the Junior Subordinated Debentures to be distributed to the holders of the Trust Preferred Securities.
[2]	The Junior Subordinated Debentures are unsecured and rank junior and subordinate in right of payment to all senior debt of the Parent and are effectively subordinated to all existing and future liabilities of its subsidiaries.
[3]	On August 4, 2014, the Company acquired $7,500 of the Junior Subordinated Debentures.
[4]	The Parent has guaranteed, on a subordinated basis, all of the obligations under the Trust Preferred Securities, including payment of the redemption price and any accumulated and unpaid distributions to the extent of available funds and upon dissolution, winding up or liquidation.

Commitments and Contingencies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Commitments and Contingencies [Abstract]
Rental expense for operating leases	$ 1,277	$ 1,261
Future minimum base lease obligations under non-cancelable operating leases [Abstract]
2017	917
2018	457
2019	193
Thereafter	0
Total	$ 1,567

Benefit Plans (Details) - Plan 2012 [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for issuance (in shares)	2,000,000
Shares available for future grant (in shares)	1,423,200	1,603,200
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	0	0
Options outstanding (in shares)	0	0
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares issued (in shares)	180,000	48,300
Estimated fair value of shares issued	$ 741	$ 178
Restricted Stock [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Restricted Stock [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years

Benefit Plans, Share-based Compensation Stock Option by Exercise Price Range (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
401(k) Plan [Abstract]
Maximum percentage of compensation employees may defer	50.00%
Total matching contribution	$ 223	$ 212
Employer maximum contribution to plan	35.00%	35.00%
Percentage of participants contribution	6.00%	6.00%
Safe harbor non-elective contribution	3.00%	3.00%
Safe harbor non-elective contribution	$ 433	$ 416

Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Series D Preferred Stock, outstanding (in shares)	55,000	55,000
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Dividends paid for Series D Preferred Stock	$ 399	$ 399
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Series D Preferred Stock, outstanding (in shares)	55,000	55,000
Preferred stock, par value (in dollars per share)	$ 100	$ 100
Accrued annual dividends rate (in dollars per share)	$ 7.25	$ 7.25
Number of preferred stock shares convertible to common shares (in shares)	1,378,000
Maximum number of common stock issuable from conversion of preference shares, without obtaining prior shareholder approval (in shares)	2,703,000
Dividends accrued but unpaid	$ 18	$ 18
Dividends paid for Series D Preferred Stock	$ 399	$ 399

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income [Abstract]
Net income before preferred stock dividends	$ 2,636	$ 4,388
Less preferred stock dividends	(399)	(399)
Net income applicable to common shareholders	$ 2,237	$ 3,989
Shares [Abstract]
Weighted average shares outstanding (in shares)	20,445	20,566
Per Share Amount [Abstract]
Net income applicable to common shareholders (in dollars per share)	$ 0.11	$ 0.19

Statutory Reporting (Details) - USD ($) $ in Thousands	12 Months Ended
Statutory Reporting (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Statutory Accounting Practices [Line Items]
Dividends received from its subsidiaries	$ 5,508	$ 6,750
Maximum dividend payments by insurance subsidiaries without requiring prior approval	5,650
Statutory accounting practices [Member]
Statutory Accounting Practices [Line Items]
Statutory net income	7,603	9,437
Statutory surplus	74,919	73,630
Statutory accounting practices [Member] \| Life and Health [Member]
Statutory Accounting Practices [Line Items]
Statutory net income	1,133	4,147
Statutory surplus	33,430	35,322
Statutory accounting practices [Member] \| Property and Casualty [Member]
Statutory Accounting Practices [Line Items]
Statutory net income	6,470	5,290
Statutory surplus	$ 41,489	$ 38,308

Related Party Transactions (Details) $ in Thousands	12 Months Ended
Related Party Transactions (Details) $ in Thousands	Dec. 31, 2016 USD ($) ft² Director shares	Dec. 31, 2015 USD ($) shares
Related Party Transaction [Line Items]
Number of board of directors \| Director	2
Rental expense for operating leases	$ 1,277	$ 1,261
Payment of dividends on Series D Preferred Stock	399	399
Series D Preferred Stock [Member]
Related Party Transaction [Line Items]
Payment of dividends on Series D Preferred Stock	$ 399	399
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Office and covered garage space leased \| ft²	49,586
Rental expense for operating leases	$ 882	875
Services purchased from related party	215
Members of Management [Member]
Related Party Transaction [Line Items]
Aggregate carrying value of investments in Gray	10,305	$ 14,043
Premiums paid by Gray for group accident plan	$ 478
Members of Management [Member] \| Class A common stock [Member]
Related Party Transaction [Line Items]
Shares of Gray common stock owned (in shares) \| shares	880,272	880,272
Members of Management [Member] \| Common Stock [Member]
Related Party Transaction [Line Items]
Shares of Gray common stock owned (in shares) \| shares	106,000	106,000

Segment Information (Details) - USD ($) $ in Thousands	12 Months Ended
Segment Information (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Revenue and income (loss) before tax for each business unit [Abstract]
Insurance premiums	$ 153,465	$ 150,892
Insurance benefits and losses incurred	103,197	101,364
Expenses deferred	(12,993)	(11,205)
Amortization and depreciation expense	13,089	11,437
Other expenses	59,260	58,633
Total benefits and expenses	162,553	160,229
Investment income	9,884	10,085
Other income	133	103
Operating income (loss)	929	851
Net realized gains (losses)	2,595	4,857
Income before income taxes	3,524	5,708
Total revenues	166,077	165,937
Intangibles	2,544	2,544
Total assets	318,600	314,603
Corporate and Other [Member]
Revenue and income (loss) before tax for each business unit [Abstract]
Insurance premiums	0	0
Insurance benefits and losses incurred	0	0
Expenses deferred	0	0
Amortization and depreciation expense	713	673
Other expenses	15,761	16,789
Total benefits and expenses	16,474	17,462
Investment income	2,217	2,060
Other income	7,518	7,532
Operating income (loss)	(6,739)	(7,870)
Net realized gains (losses)	(1)	190
Income before income taxes	(6,740)	(7,680)
Total revenues	9,734	9,782
Intangibles	0	0
Total assets	138,694	136,869
Adjustments & Eliminations [Member]
Revenue and income (loss) before tax for each business unit [Abstract]
Insurance premiums	0	0
Insurance benefits and losses incurred	0	0
Expenses deferred	0	0
Amortization and depreciation expense	0	0
Other expenses	(9,321)	(9,211)
Total benefits and expenses	(9,321)	(9,211)
Investment income	(1,926)	(1,762)
Other income	(7,395)	(7,449)
Operating income (loss)	0	0
Net realized gains (losses)	0	0
Income before income taxes	0	0
Total revenues	(9,321)	(9,211)
Intangibles	0	0
Total assets	(112,472)	(106,675)
American Southern [Member] \| Operating Segments [Member]
Revenue and income (loss) before tax for each business unit [Abstract]
Insurance premiums	53,763	54,508
Insurance benefits and losses incurred	34,408	35,046
Expenses deferred	(7,834)	(9,093)
Amortization and depreciation expense	8,709	9,057
Other expenses	15,562	17,845
Total benefits and expenses	50,845	52,855
Underwriting income (loss)	2,918	1,653
Investment income	3,868	4,107
Other income	0	10
Operating income (loss)	6,786	5,770
Net realized gains (losses)	528	872
Income before income taxes	7,314	6,642
Total revenues	58,159	59,497
Intangibles	1,350	1,350
Total assets	123,721	123,445
Bankers Fidelity [Member] \| Operating Segments [Member]
Revenue and income (loss) before tax for each business unit [Abstract]
Insurance premiums	99,702	96,384
Insurance benefits and losses incurred	68,789	66,318
Expenses deferred	(5,159)	(2,112)
Amortization and depreciation expense	3,667	1,707
Other expenses	37,258	33,210
Total benefits and expenses	104,555	99,123
Underwriting income (loss)	(4,853)	(2,739)
Investment income	5,725	5,680
Other income	10	10
Operating income (loss)	882	2,951
Net realized gains (losses)	2,068	3,795
Income before income taxes	2,950	6,746
Total revenues	107,505	105,869
Intangibles	1,194	1,194
Total assets	$ 168,657	$ 160,964

Disclosures About Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Carrying Amount [Member]

Carrying Amount [Member] | Level 1 [Member]

Fixed maturities

^[1]

$ 210,670

$ 205,324

Equity securities

^[1]

20,257

23,131

Carrying Amount [Member] | Level 2 [Member]

13,252

15,622

Investment in unconsolidated trusts

Policy loans

2,265

2,200

Real estate

1,238

Liabilities [Abstract]

Junior Subordinated Debentures, net

33,738

Carrying Amount [Member] | Level 3 [Member]

Estimated Fair Value [Member]

Other invested assets

9,709

6,454

Estimated Fair Value [Member] | Level 1 [Member]

Fixed maturities

^[1]

210,670

205,324

Equity securities

^[1]

20,257

23,131

Estimated Fair Value [Member] | Level 2 [Member]

13,252

15,622

Investment in unconsolidated trusts

Policy loans

2,265

2,200

Real estate

1,238

Liabilities [Abstract]

Junior Subordinated Debentures, net

33,738

Estimated Fair Value [Member] | Level 3 [Member]

Other invested assets

$ 9,709

$ 7,070

[1]	See Note 2 for a description of the fair value hierarchy as well as a disclosure of levels for classes of these financial assets.

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Changes in balances of each component of accumulated other comprehensive income, net of taxes [Roll Forward]
Beginning Balance	$ 102,492	$ 104,195
Total other comprehensive income (loss), net of tax	1,246	(4,695)
Ending Balance	105,506	102,492
AOCI Attributable to Parent [Member]
Changes in balances of each component of accumulated other comprehensive income, net of taxes [Roll Forward]
Beginning Balance	4,584	9,279
Total other comprehensive income (loss), net of tax	1,246	(4,695)
Ending Balance	5,830	4,584
Unrealized Gains on Available-for-Sale Securities [Member]
Changes in balances of each component of accumulated other comprehensive income, net of taxes [Roll Forward]
Beginning Balance	4,584
Other comprehensive income before reclassifications	2,933
Amounts reclassified from accumulated other comprehensive income	(1,687)
Total other comprehensive income (loss), net of tax	1,246
Ending Balance	$ 5,830	$ 4,584

Schedule II CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

ASSETS [Abstract]

Investments in unconsolidated trusts

$ 15,622

$ 13,252

$ 15,622

$ 16,375

Investments

244,177

238,385

1,238

Deferred tax asset, net

160

829

Other assets

5,208

5,610

Total assets

318,600

314,603

LIABILITIES AND SHAREHOLDERS' EQUITY [Abstract]

Junior subordinated debentures

33,738

Total liabilities

213,094

212,111

Shareholders' equity

105,506

102,492

104,195

Total liabilities and shareholders' equity

318,600

314,603

REVENUE [Abstract]

Other

133

103

Total revenue

166,077

165,937

INTEREST EXPENSE

1,562

1,429

INCOME TAX BENEFIT

(888)

(1,320)

CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]

2,636

4,388

Adjustments to reconcile net income to net cash provided by operating activities [Abstract]

2,636

4,388

Realized investment losses (gains), net

(2,595)

(4,857)

Depreciation and amortization

1,205

1,117

Compensation expense related to share awards

586

365

Deferred income tax (benefit) expense

(2)

304

(Decrease) increase in other liabilities

1,649

1,442

Other, net

(245)

Net cash provided by operating activities

1,316

2,209

CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]

Proceeds from investments sold, called or matured

10,874

5,924

Investments purchased

(75,071)

(91,676)

Additions to property and equipment

(396)

(322)

Net cash used in investing activities

(2,232)

(1,201)

CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]

Payment of dividends on Series D Preferred Stock

(399)

Payment of dividends on common stock

(408)

(412)

Proceeds from shares issued under stock plans

Purchase of shares for treasury

(698)

(997)

Net cash used in financing activities

(1,454)

(1,761)

Net decrease in cash

(2,370)

(753)

Cash and cash equivalents at beginning of year

15,622

16,375

Cash and cash equivalents at end of year

13,252

15,622

Supplemental disclosure [Abstract]

Cash paid for interest

1,544

1,424

Cash paid for income taxes

675

1,465

Parent Company [Member]

ASSETS [Abstract]

Investment in subsidiaries

4,308

4,463

4,308

4,463

$ 5,947

Investments

16,160

19,035

112,472

106,675

Investments in unconsolidated trusts

1,238

Deferred tax asset, net

169

Income taxes receivable from subsidiaries

2,961

2,146

Other assets

4,554

4,677

Total assets

141,693

138,403

LIABILITIES AND SHAREHOLDERS' EQUITY [Abstract]

Deferred tax liability, net

500

Other payables

1,949

2,173

Junior subordinated debentures

33,738

Total liabilities

36,187

35,911

Shareholders' equity

105,506

102,492

Total liabilities and shareholders' equity

$ 141,693

$ 138,403

REVENUE [Abstract]

Fee income from subsidiaries

7,395

7,449

Distributed earnings from subsidiaries

5,508

6,750

Other

408

571

Total revenue

13,311

14,770

GENERAL AND ADMINISTRATIVE EXPENSES

12,858

13,984

INTEREST EXPENSE

1,562

1,429

Earnings before tax and equity in undistributed earnings (losses) of subsidiaries

(1,109)

(643)

INCOME TAX BENEFIT

^[1]

(1,837)

(1,514)

Earnings after tax but before equity in undistributed earnings (losses) of subsidiaries

728

871

EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES, NET

1,908

3,517

CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]

2,636

4,388

Adjustments to reconcile net income to net cash provided by operating activities [Abstract]

2,636

4,388

Realized investment losses (gains), net

(190)

Depreciation and amortization

713

673

Compensation expense related to share awards

586

365

Equity in undistributed earnings of consolidated subsidiaries

(1,908)

(3,517)

(Increase) decrease in intercompany taxes

(815)

125

Deferred income tax (benefit) expense

(2)

304

(Decrease) increase in other liabilities

(224)

317

Other, net

(221)

(12)

Net cash provided by operating activities

766

2,453

CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]

Proceeds from investments sold, called or matured

1,979

2,210

Investments purchased

(1,000)

(3,956)

Capital contribution to subsidiaries

(75)

(200)

Additions to property and equipment

(371)

(230)

Net cash used in investing activities

533

(2,176)

CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]

Payment of dividends on Series D Preferred Stock

(399)

Payment of dividends on common stock

(408)

(412)

Proceeds from shares issued under stock plans

Purchase of shares for treasury

(698)

(997)

Net cash used in financing activities

(1,454)

(1,761)

Net decrease in cash

(155)

(1,484)

Cash and cash equivalents at beginning of year

4,463

5,947

Cash and cash equivalents at end of year

4,308

4,463

Supplemental disclosure [Abstract]

Cash paid for interest

1,544

1,424

Cash paid for income taxes

675

1,465

Intercompany tax settlement from subsidiaries

$ 2,845

$ 2,409

[1]

Under the terms of a tax-sharing agreement, income tax provisions for the subsidiary companies are computed on a separate company basis. Accordingly, the Company's income tax benefit results from the utilization of the Parent's separate return loss to reduce the consolidated taxable income of the Company.

Schedule III SUPPLEMENTARY INSURANCE INFORMATION (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Supplementary Insurance Information, by Segment [Line Items]

Deferred Acquisition Costs

$ 28,975

$ 27,866

Future Policy Benefits, Losses, Claims and Loss Reserves

137,405

^[1]

136,006

^[2]

Unearned Premiums

23,208

25,348

Other Policy Claims and Benefits Payable

2,066

1,991

Liability for future policy benefits

74,843

72,136

Losses and claims

62,562

63,870

$ 66,625

153,465

150,892

9,307

9,533

103,197

101,364

11,884

10,320

47,472

48,545

Bankers Fidelity [Member]

51,477

55,611

Supplementary Insurance Information, by Segment [Line Items]

Deferred Acquisition Costs

26,791

25,033

Future Policy Benefits, Losses, Claims and Loss Reserves

87,849

84,806

Unearned Premiums

3,731

3,585

Other Policy Claims and Benefits Payable

2,066

1,991

99,702

96,384

5,172

5,149

68,789

66,318

3,401

1,439

32,365

31,366

American Southern [Member]

Supplementary Insurance Information, by Segment [Line Items]

Deferred Acquisition Costs

2,184

2,833

Future Policy Benefits, Losses, Claims and Loss Reserves

49,556

51,200

Unearned Premiums

19,477

21,763

Other Policy Claims and Benefits Payable

53,763

54,508

3,844

4,086

34,408

35,046

8,483

8,881

7,954

8,928

Supplementary Insurance Information, by Segment [Line Items]

51,477

55,611

Other [Member]

291

298

7,153

8,251