Note 9. Other Investments

12 Months Ended

Dec. 31, 2012

Notes

Note 9. Other Investments

Note 9.                        Other Investments

            Other investments consist of the following at December 31, 2012 and 2011 (in thousands):

		2012		2011
Policy loans	$	22,165	$	23,109
Investment partnership interests		3,647		4,139
Operating partnership interests		7,676		6,829
Investment in trust subsidiaries		1,146		1,146
Other		500		-
	$	35,134	$	35,223

The Company had invested a total of $3,152,000 at December 31, 2011 in a domestic feeder fund of Dolphin Limited Partnership III, L.P. (“Dolphin III").  In the fourth quarter of 2011, the Company withdrew $2,901,000 of its investment in Dolphin III, and in the first quarter of 2012, withdrew the remaining $3,585,000. The Company's net investment income from Dolphin III for the years ended December 31, 2012, 2011 and 2010 was $433,000, $876,000 and $659,000, respectively. An unsettled balance of $359,000, due upon completion of the audit of Dolphin III, is included in other receivables on the Consolidated Balance Sheet at December 31, 2012.