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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturities available-for-sale, at fair value (cost: $769,044 and $714,137 in 2016 and 2015 respectively) $ 803,729 $ 735,648
Fixed maturities held-to-maturity, at amortized cost (fair value: $265,186 and $264,966 in 2016 and 2015, respectively) 255,536 259,953
Equity securities available-for-sale, at fair value (cost: $23,727 in 2016 and 2015, respectively) 23,548 23,438
Mortgage loans on real estate 587 594
Policy loans 62,011 60,166
Real estate held for investment (less $1,758 and $1,721 accumulated depreciation in 2016 and 2015, respectively) 7,913 7,956
Other long-term investments 75 75
Other Short-term Investments 0 251
Total investments 1,153,399 1,088,081
Cash and cash equivalents 45,355 82,827
Accrued investment income 16,130 15,406
Reinsurance recoverable 3,939 4,166
Deferred policy acquisition costs 164,772 165,362
Cost of customer relationships acquired 20,815 21,585
Goodwill 17,255 17,255
Other intangible assets 970 971
Deferred Tax Assets, Net 58,329 68,764
Property and equipment, net 6,322 6,338
Due premiums, net (less $1,362 and $1,490 allowance for doubtful accounts in 2016 and 2015, respectively) 10,838 11,819
Prepaid expenses 1,261 162
Other assets 1,340 1,304
Total assets 1,500,725 1,484,040
Future policy benefits reserves:    
Life insurance 1,011,285 995,972
Annuities 65,952 64,933
Accident and health 1,089 1,118
Dividend accumulations 18,858 18,465
Premiums paid in advance 44,989 43,220
Policy claims payable 8,813 9,653
Other policyholders' funds 7,239 7,518
Total policy liabilities 1,158,225 1,140,879
Commissions payable 2,236 2,757
Federal income tax payable 65,540 71,225
Payable for securities in process of settlement 874 2,457
Other liabilities 24,748 24,205
Total liabilities $ 1,251,623 $ 1,241,523
Commitments and contingencies (Note 7)
Stockholders' equity:    
Accumulated deficit $ (24,575) $ (22,626)
Accumulated other comprehensive income:    
Unrealized gains on securities, net of tax 22,121 13,587
Treasury stock, at cost (11,011) (11,011)
Total stockholders' equity 249,102 242,517
Total liabilities and stockholders' equity 1,500,725 1,484,040
Common Stock Class A [Member]    
Stockholders' equity:    
Common Stock 259,383 259,383
Common Stock Class B [Member]    
Stockholders' equity:    
Common Stock $ 3,184 $ 3,184