Financial Schedules Schedule II - Condensed Financial Information (Parent Company) (Notes)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information (Parent Company) [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

Schedule II Condensed Financial Information of Registrant CITIZENS, INC. (Parent Company) Balance Sheets
	At December 31,
	2014			2013
	(In thousands)
Assets
Investment in subsidiaries (1)	$	184,236		179,575
Fixed maturities available-for-sale, at fair value	53,356			43,233
Fixed maturities held-to-maturity, at amortized cost	370			377
Equity securities available-for-sale, at fair value	1,077			1,079
Mortgage loans on real estate	347			354
Real estate and other long-term investments	6,145			6,250
Cash	14,816			17,038
Accrued investment income	778			630
Accounts receivable from subsidiaries (1)	2,178			2,440
Other assets	332			139
Total assets	$	263,635		251,115
Liabilities and Stockholders' Equity
Liabilities:
Accrued expense and other liabilities	$	5,276		5,306
Total liabilities	$	5,276		5,306
Stockholders' equity:
Common stock:
Class A	$	259,383		259,383
Class B	3,184			3,184
Accumulated retained deficit	(19,047		)	(12,542	)
Unrealized investment gains on securities held by parent and subsidiaries, net of tax	25,850			6,795
Treasury stock	(11,011		)	(11,011	)
Total stockholders' equity	258,359			245,809
Total liabilities and stockholders' equity	$	263,635		251,115

Schedule II, Continued Condensed Financial Information of Registrant CITIZENS, INC. (Parent Company) Statements of Operations
	Years Ended December 31,
	2014			2013		2012
	(In thousands)
Revenues:
Management service fees (1)	$	27,497		27,711		27,930
Investment income	1,361			1,268		1,157
Decrease in fair value of warrants	—			—		451
Other	1			2		—
Realized investment gains (losses), net	46			(10	)	27
Total revenues	28,905			28,971		29,565
Expenses:
General	25,572			25,900		26,280
Taxes, licenses and fees	902			942		870
Federal income tax expense	558			498		708
Total expenses	27,032			27,340		27,858
Income before equity in income of consolidated subsidiaries	1,873			1,631		1,707
Equity in income (loss) of consolidated subsidiaries	(8,378		)	3,162		2,822
Net income (loss)	$	(6,505	)	4,793		4,529

⁽¹⁾ Eliminated in consolidation.

See accompanying report of independent registered public accounting firm.

Schedule II, Continued Condensed Financial Information of Registrant CITIZENS, INC. (Parent Company) Statements of Cash Flows
	Years Ended December 31,
	2014			2013		2012
	(In thousands)
Cash flows from operating activities:
Net income (loss)	$	(6,505	)	4,793		4,529
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment losses (gains), net	(46		)	10		(27	)
Equity in loss (income) of consolidated subsidiaries	8,378			(3,162	)	(2,822	)
Decrease in fair value of warrants	—			—		(451	)
Accrued expenses and other liabilities	(29		)	(383	)	692
Amortization of premiums and discounts on investments	789			696		492
Depreciation	169			229		263
Accrued investment income	(148		)	(32	)	(213	)
Decrease (increase) in receivable from subsidiaries and other assets	69			159		542
Other, net	(471		)	418		(503	)
Net cash provided by operating activities	2,206			2,728		2,502
Cash flows from investing activities:
Purchase of fixed maturities, held-to-maturity	—			(232	)	—
Purchase of fixed maturities, available-for-sale	(11,949		)	(2,630	)	(16,199	)
Maturities of fixed maturities, available-for-sale	2,271			1,000		8,017
Sale of real estate and other long-term investments	—			128		11
Purchase of other long-term investments and property and equipment	—			(5	)	(5	)
Net cash used by investment activities	(9,678		)	(1,739	)	(8,176	)
Cash flows from financing activities:
Dividend from subsidiary	5,250			—		5,400
Warrants exercised	—			—		822
Purchase of the Company's stock from affiliates	—			(440	)	(553	)
Net cash provided by financing activities	5,250			(440	)	5,669
Net increase (decrease) in cash	(2,222		)	549		(5	)
Cash at beginning of year	17,038			16,489		16,494
Cash at end of year	$	14,816		17,038		16,489

See accompanying report of independent registered public accounting firm.