XML 87 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
INDEPENDENCE HOLDING COMPANY CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Investments:    
Short-term investments $ 50us-gaap_ShortTermInvestments $ 50us-gaap_ShortTermInvestments
Securities purchased under agreements to resell 16,790us-gaap_SecuritiesPurchasedUnderAgreementsToResell 22,594us-gaap_SecuritiesPurchasedUnderAgreementsToResell
Trading securities 11,095us-gaap_TradingSecurities 7,125us-gaap_TradingSecurities
Fixed maturities, available-for-sale 583,880us-gaap_AvailableForSaleSecuritiesDebtSecurities 542,287us-gaap_AvailableForSaleSecuritiesDebtSecurities
Equity securities, available-for-sale 13,895us-gaap_AvailableForSaleSecuritiesEquitySecurities 11,803us-gaap_AvailableForSaleSecuritiesEquitySecurities
Other investments 25,251us-gaap_OtherInvestments 25,123us-gaap_OtherInvestments
Total investments 650,961us-gaap_Investments 608,982us-gaap_Investments
Cash and cash equivalents 25,083us-gaap_CashAndCashEquivalentsAtCarryingValue 24,229us-gaap_CashAndCashEquivalentsAtCarryingValue
Deferred acquisition costs 30,806us-gaap_DeferredPolicyAcquisitionCosts 29,777us-gaap_DeferredPolicyAcquisitionCosts
Due and unpaid premiums 62,628us-gaap_PremiumsReceivableAtCarryingValue 59,435us-gaap_PremiumsReceivableAtCarryingValue
Due from reinsurers 278,242us-gaap_ReinsuranceRecoverables 380,229us-gaap_ReinsuranceRecoverables
Premium and claim funds 32,553us-gaap_CustomerFunds 37,353us-gaap_CustomerFunds
Goodwill 50,318us-gaap_Goodwill 50,318us-gaap_Goodwill
Other assets 57,126us-gaap_OtherAssets 78,712us-gaap_OtherAssets
TOTAL ASSETS 1,187,717us-gaap_Assets 1,269,035us-gaap_Assets
LIABILITIES:    
Policy benefits and claims 236,803us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense 237,754us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense
Future policy benefits 277,041us-gaap_LiabilityForFuturePolicyBenefits 287,449us-gaap_LiabilityForFuturePolicyBenefits
Funds on deposit 186,782us-gaap_DepositContractsLiabilities 274,826us-gaap_DepositContractsLiabilities
Unearned premiums 9,455us-gaap_UnearnedPremiums 12,423us-gaap_UnearnedPremiums
Other policyholders' funds 18,802us-gaap_PolicyholderFunds 25,129us-gaap_PolicyholderFunds
Due to reinsurers 47,945us-gaap_ReinsurancePayable 37,113us-gaap_ReinsurancePayable
Accounts payable, accruals and other liabilities 67,641us-gaap_OtherLiabilities 71,889us-gaap_OtherLiabilities
Debt 4,000us-gaap_NotesPayableToBank 6,000us-gaap_NotesPayableToBank
Junior subordinated debt securities 38,146us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust 38,146us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
TOTAL LIABILITIES 886,615us-gaap_Liabilities 990,729us-gaap_Liabilities
IHC STOCKHOLDERS' EQUITY:    
Preferred stock    [1]    [1]
Common Stock 18,531us-gaap_CommonStockValue [2],[3] 18,524us-gaap_CommonStockValue [2],[4]
Paid-in capital 127,098us-gaap_AdditionalPaidInCapitalCommonStock 126,239us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated other comprehensive income (loss) 22us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (10,472)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost (12,141)us-gaap_TreasuryStockValue [5] (8,169)us-gaap_TreasuryStockValue [6]
Retained earnings 157,667us-gaap_RetainedEarningsAccumulatedDeficit 142,669us-gaap_RetainedEarningsAccumulatedDeficit
TOTAL IHC STOCKHOLDERS' EQUITY 291,177us-gaap_StockholdersEquity 268,791us-gaap_StockholdersEquity
NONCONTROLLING INTERESTS IN SUBSIDIARIES 9,925us-gaap_MinorityInterest 9,515us-gaap_MinorityInterest
TOTAL EQUITY 301,102us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 278,306us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
TOTAL LIABILITIES AND EQUITY $ 1,187,717us-gaap_LiabilitiesAndStockholdersEquity $ 1,269,035us-gaap_LiabilitiesAndStockholdersEquity
[1] None issued.
[2] $1.00 par value.
[3] 23,000,000 shares authorized, 18,531,158 shares issued and 17,371,040 shares outstanding.
[4] 23,000,000 shares authorized, 18,523,733 shares issued and 17,660,390 shares outstanding.
[5] 1,160,118 treasury shares
[6] 863,343 treasury shares