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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net loss $ (4,826) $ (1,908)
Adjustments to reconcile net loss to net cash used in operating activities:    
Realized investment gains, net (878) (2,228)
Amortization on investments (54) (42)
Depreciation 228 271
Stock-based compensation 34  
Deferred insurance acquisition costs (1,979) (2,437)
Deferred sales inducement costs (381) (545)
Interest and amortization of deferred acquisition and sales inducement costs 1,645 2,108
Change in value of derivatives and other 368 (155)
Change in accrued investment income (21) (54)
Change in receivables 39 37
Change in reinsurance recoverable 171 (1,620)
Change in prepaid reinsurance premiums (60) (434)
Change in policy benefits (549) (1,053)
Change in unearned revenue (20) (8)
Change in deferred reinsurance settlements (308) 1,437
Change in other (929) 614
Net cash used in operating activities (7,520) (6,017)
Proceeds from investments sold or matured:    
Fixed maturity securities 26,633 23,130
Equity securities 261 4,043
Derivatives 443 154
Policy loans 271 206
Costs of investments purchased:    
Fixed maturity securities (29,753) (35,816)
Equity securities (71) (327)
Derivatives (451) (255)
Real estate additions (107) (84)
Purchase of property and equipment (99) (41)
Net cash used in investing activities (2,873) (8,990)
Policyholder account balances:    
Deposits 15,195 19,300
Withdrawals (9,019) (8,482)
Net transfers from separate accounts 36 (115)
Receipts from promissory note 1,050  
Net proceeds received from issuance of shares of common stock 32,298  
Net cash provided by financing activities 39,560 10,703
Net increase (decrease) in cash 29,167 (4,304)
Cash, beginning of period 4,085 8,389
Cash, end of period 33,252 4,085
Cash paid during the year for:    
Interest expense 13  
Income taxes 20 34
Supplemental non-cash activity:    
Deferral of sales inducements 381 $ 545
IPO expenses accrued not paid 270  
Conversion of promissory note to common stock $ 1,050