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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Investments:    
Fixed maturities available-for-sale, at fair value (cost: $881,102 and $860,473 in 2017 and 2016 respectively) $ 907,216 $ 881,668
Fixed maturities held-to-maturity, at amortized cost (fair value: $251,700 and $252,545 in 2017 and 2016, respectively) 244,776 247,004
Equity securities available-for-sale, at fair value (cost: $15,620 and $17,765 in 2017 and 2016, respectively) 16,090 18,159
Mortgage loans on real estate 200 232
Policy loans 67,616 66,672
Real estate held for investment (less $1,108 and $1,083 accumulated depreciation in 2017 and 2016, respectively) 5,894 5,919
Real estate held-for-sale 0 1,939
Other long-term investments 38 38
Short-term investments 502 508
Total investments 1,242,332 1,222,139
Cash and cash equivalents 41,151 35,510
Accrued investment income 17,636 17,903
Reinsurance recoverable 3,909 3,862
Deferred policy acquisition costs 167,267 167,790
Cost of customer relationships acquired 18,855 19,415
Goodwill 17,255 17,255
Other intangible assets 965 966
Deferred tax assets, net 79,020 76,869
Property and equipment, net 8,124 7,890
Due premiums, net (less $1,397 and $1,600 allowance for doubtful accounts in 2017 and 2016, respectively) 11,263 12,852
Prepaid expenses 1,345 299
Other assets 1,028 918
Total assets 1,610,150 1,583,668
Future policy benefits reserves:    
Life insurance 1,073,601 1,059,722
Annuities 71,476 69,578
Accident and health 982 1,022
Dividend accumulations 21,400 20,897
Premiums paid in advance 51,211 48,198
Policy claims payable 9,585 9,538
Other policyholders' funds 8,032 7,744
Total policy liabilities 1,236,287 1,216,699
Commissions payable 2,093 3,540
Federal income tax payable 87,424 81,270
Payable for securities in process of settlement 4,292 3,061
Other liabilities 25,658 29,998
Total liabilities 1,355,754 1,334,568
Commitments and contingencies (Note 8)
Stockholders' equity:    
Accumulated deficit (14,192) (16,248)
Accumulated other comprehensive income:    
Unrealized gains on securities, net of tax 17,032 13,792
Treasury stock, at cost (11,011) (11,011)
Total stockholders' equity 254,396 249,100
Total liabilities and stockholders' equity 1,610,150 1,583,668
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