XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Financial Position (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Investments:    
Fixed maturities available-for-sale, at fair value (cost: $559,736 and $484,809 in 2012 and 2011, respectively) $ 604,520 $ 514,253
Fixed maturities held-to-maturity, at amortized cost (fair value: $193,739 and $230,093 in 2012 and 2011, respectively) 187,008 227,500
Equity securities available-for-sale, at fair value (cost: $52,744 and $45,599 in 2012 and 2011, respectively) 53,741 46,137
Mortgage loans on real estate 1,509 1,557
Policy loans 42,993 39,090
Real estate held for investment (less $1,287 and $1,149 accumulated depreciation in 2012 and 2011, respectively) 8,496 8,539
Other long-term investments 57 105
Short-term investments 2,340 2,048
Total investments 900,664 839,229
Cash and cash equivalents 56,299 33,255
Accrued investment income 10,304 7,787
Reinsurance Recoverable on Claims Payable and Future Policy Benefit Reserves 9,651 9,562
Deferred policy acquisition costs 135,569 124,542
Cost of customer relationships acquired 25,116 27,945
Goodwill 17,160 17,160
Other intangible assets 879 906
Federal income tax receivable 270 901
Property and equipment, net 7,383 7,860
Due premiums, net (less $1,345 and $1,698 allowance for doubtful accounts in 2012 and 2011, respectively) 10,527 9,169
Prepaid expenses 344 396
Other assets 782 800
Total assets 1,174,948 1,079,512
Future policy benefits reserves:    
Life insurance 762,319 697,502
Annuities 51,750 47,060
Accident and health 5,491 5,612
Dividend accumulations 11,962 10,601
Premiums paid in advance 27,455 25,291
Policy claims payable 11,015 10,020
Other policyholders' funds 9,440 8,760
Total policy liabilities 879,432 804,846
Commissions payable 2,606 2,851
Deferred Tax Liabilities, Net 17,301 13,940
Payable for securities in process of settlement 2,358 0
Warrants outstanding 0 451
Other liabilities 10,143 9,382
Total liabilities 911,840 831,470
Stockholders' equity:    
Accumulated deficit (17,335) (21,851)
Accumulated other comprehensive income:    
Unrealized gains on securities, net of tax 28,887 19,172
Treasury stock, at cost (11,011) (11,011)
Total stockholders' equity 263,108 248,042
Total liabilities and stockholders' equity 1,174,948 1,079,512
Common Stock Class A [Member]
   
Stockholders' equity:    
Common Stock 259,383 258,548
Common Stock Class B [Member]
   
Stockholders' equity:    
Common Stock $ 3,184 $ 3,184