XML 91 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
INDEPENDENCE HOLDING COMPANY CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Investments:    
Short-term investments $ 50 $ 50
Securities purchased under agreements to resell 22,594 33,956
Trading securities 7,125 7,016
Fixed maturities, available-for-sale 542,287 719,602
Equity securities, available-for-sale 11,803 15,598
Other investments 25,123 35,134
Total investments 608,982 811,356
Cash and cash equivalents 24,229 23,945
Deferred acquisition costs 29,777 33,401
Due and unpaid premiums 59,435 49,430
Due from reinsurers 380,229 166,880
Premium and claim funds 37,353 40,596
Goodwill 50,318 50,318
Other assets 78,712 86,382
TOTAL ASSETS 1,269,035 1,262,308
LIABILITIES:    
Policy benefits and claims 237,754 194,480
Future policy benefits 287,449 290,238
Funds on deposit 274,826 278,084
Unearned premiums 12,423 8,453
Other policyholders' funds 25,129 22,373
Due to reinsurers 37,113 48,192
Accounts payable, accruals and other liabilities 71,889 71,495
Debt 6,000 8,000
Junior subordinated debt securities 38,146 38,146
TOTAL LIABILITIES 990,729 959,461
IHC STOCKHOLDERS' EQUITY:    
Preferred stock    [1]    [1]
Common Stock 18,524 [2],[3] 18,462 [2],[4]
Paid-in capital 126,239 126,589
Accumulated other comprehensive income (loss) (10,472) 15,013
Treasury stock, at cost (8,169) [5] (4,533) [6]
Retained earnings 142,669 130,153
TOTAL IHC STOCKHOLDERS' EQUITY 268,791 285,684
NONCONTROLLING INTERESTS IN SUBSIDIARIES 9,515 17,163
TOTAL EQUITY 278,306 302,847
TOTAL LIABILITIES AND EQUITY $ 1,269,035 $ 1,262,308
[1] None issued.
[2] $1.00 par value.
[3] 23,000,000 shares authorized, 18,523,733 shares issued and 17,660,390 shares outstanding.
[4] 23,000,000 shares authorized, 18,461,992 shares issued and 17,932,954 shares outstanding.
[5] 863,343 treasury shares
[6] 529,038 treasury shares