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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Investments:    
Fixed maturities available-for-sale, at fair value (cost: $1,314,907 and $1,293,853 in 2020 and 2019 respectively) $ 1,356,244 $ 1,377,959
Equity security 19,369 16,033
Policy loans 81,329 82,005
Real estate held-for-sale (less $1,325 accumulated depreciation in 2020 and 2019, respectively) 2,571 2,571
Other long-term investments (portion measured at fair value $2,809 in 2020; less allowance for losses of $11 in 2020) 3,180 385
Short-term investments 690 1,301
Total investments 1,463,383 1,480,254
Cash and cash equivalents 34,944 46,205
Accrued investment income 17,105 17,453
Reinsurance recoverable 3,252 3,696
Deferred policy acquisition costs 148,350 149,249
Goodwill and Other Intangible Assets 13,574 13,575
Cost of insurance acquired 13,202 13,455
Property and equipment, net 5,275 5,904
Due premiums 11,611 12,656
Other assets (less allowance for losses of $500 in 2020) 2,591 2,489
Total assets 1,713,287 1,744,936
Fixed maturities available-for-sale, cost 1,314,907 1,293,853
Real estate held for sale, accumulated depreciation 1,325 1,325
Allowance for Loan and Lease Losses, Real Estate 11  
Due premiums, allowance for doubtful accounts 500  
Future policy benefits reserves:    
Life insurance 1,227,484 1,218,757
Annuities 78,550 76,380
Accident and health 955 1,031
Dividend accumulations 30,261 29,211
Premiums paid in advance 43,068 43,102
Policy claims payable 8,070 8,059
Other policyholders' funds 19,483 18,192
Total policy liabilities 1,407,871 1,394,732
Commissions payable 2,063 2,514
Current federal income tax payable 46,472 44,622
Deferred federal income tax payable 9,342 12,428
Payable for securities in process of settlement 3,415 0
Other liabilities 28,390 30,804
Total liabilities 1,497,553 1,485,100
Commitments and contingencies (Note 7)
Stockholders' equity:    
Accumulated deficit (74,948) (70,969)
Accumulated other comprehensive income:    
Net unrealized gains on securities, net of tax 37,047 77,117
Treasury stock, at cost (11,011) (11,011)
Stockholders' equity 215,734 259,836
Total liabilities and stockholders' equity 1,713,287 1,744,936
Common Stock Class A [Member]    
Stockholders' equity:    
Common stock $ 261,462 $ 261,515
Accumulated other comprehensive income:    
Common stock, par value (in dollars per share) $ 0 $ 0
Common stock, shares authorized (in shares) 100,000,000 100,000,000
Common stock, shares issued (in shares) 52,476,800 52,364,993
Common stock, shares outstanding (in shares) 52,476,800 52,364,993
Common stock, shares in treasury (in shares) 3,135,738 3,135,738
Common Stock Class B [Member]    
Stockholders' equity:    
Common stock $ 3,184 $ 3,184
Accumulated other comprehensive income:    
Common stock, par value (in dollars per share) $ 0 $ 0
Common stock, shares authorized (in shares) 2,000,000 2,000,000
Common stock, shares issued (in shares) 1,001,714 1,001,714
Common stock, shares outstanding (in shares) 1,001,714 1,001,714