Note 2(B) American Independence Corp. [Text Block]: Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Investments				$	58,418
Cash and cash equivalents					4,761
Identifiable intangible assets					12,200
Deferred tax assets, net					10,654
Other assets					31,127
		Total identifiable assets			117,160
Insurance liabilities					27,671
Other liabilities					19,023
			Total liabilities		46,694
Net identifiable assets acquired					70,466
Purchase consideration					(71)
Fair value of equity investment prior to the acquisition					(22,013)
Noncontrolling interests in AMIC					(22,065)
Elimination of the fair value adjustment related to AMIC’s
	investment in Majestic				(688)
	Gain on bargain purchase				25,629
	Gain on fair value of equity investment prior to the acquisition				2,201
	Total gain on bargain purchase of AMIC, pretax				27,830
	Deferred income taxes				11,097
	Total gain on bargain purchase of AMIC, after tax			$	16,733