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INDEPENDENCE HOLDING COMPANY CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES:      
Premiums earned $ 479,048us-gaap_PremiumsEarnedNet $ 495,991us-gaap_PremiumsEarnedNet $ 356,067us-gaap_PremiumsEarnedNet
Net investment income 21,692us-gaap_NetInvestmentIncome 27,471us-gaap_NetInvestmentIncome 33,356us-gaap_NetInvestmentIncome
Fee income 20,646us-gaap_FeesAndCommissions 26,954us-gaap_FeesAndCommissions 29,290us-gaap_FeesAndCommissions
Other income 4,859us-gaap_OtherIncome 4,878us-gaap_OtherIncome 4,953us-gaap_OtherIncome
Net realized investment gains 7,688us-gaap_GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments 19,750us-gaap_GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments 5,099us-gaap_GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
Other-than-temporary impairment losses:      
Total other-than-temporary impairment losses     (992)us-gaap_ImpairmentOfInvestments
Portion of losses recognized in other comprehensive income     288us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
Net impairment losses recognized in earnings     (704)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
TOTAL REVENUES 533,933us-gaap_Revenues 575,044us-gaap_Revenues 428,061us-gaap_Revenues
EXPENSES:      
Insurance benefits, claims and reserves 326,035us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 354,790us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 244,791us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Selling, general and administrative expenses 177,848us-gaap_SellingGeneralAndAdministrativeExpense 179,553us-gaap_SellingGeneralAndAdministrativeExpense 149,999us-gaap_SellingGeneralAndAdministrativeExpense
Amortization of deferred acquisition costs 4,941us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 15,132us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 6,566us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
Interest expense on debt 1,797us-gaap_InterestExpenseDebt 1,915us-gaap_InterestExpenseDebt 2,091us-gaap_InterestExpenseDebt
TOTAL EXPENSES 510,621us-gaap_BenefitsLossesAndExpenses 551,390us-gaap_BenefitsLossesAndExpenses 403,447us-gaap_BenefitsLossesAndExpenses
Income (loss) before income taxes 23,312us-gaap_OperatingIncomeLoss 23,654us-gaap_OperatingIncomeLoss 24,614us-gaap_OperatingIncomeLoss
Income taxes (benefits) 6,391us-gaap_IncomeTaxExpenseBenefit 8,398us-gaap_IncomeTaxExpenseBenefit 2,003us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 16,921us-gaap_ProfitLoss 15,256us-gaap_ProfitLoss 22,611us-gaap_ProfitLoss
(Income) loss from noncontrolling interests in subsidiaries (628)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (1,477)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (2,950)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET INCOME (LOSS) ATTRIBUTABLE TO IHC $ 16,293us-gaap_NetIncomeLoss $ 13,779us-gaap_NetIncomeLoss $ 19,661us-gaap_NetIncomeLoss
Basic income (loss) per common share $ 0.93us-gaap_EarningsPerShareBasic $ 0.78us-gaap_EarningsPerShareBasic $ 1.09us-gaap_EarningsPerShareBasic
WEIGHTED AVERAGE SHARES OUTSTANDING 17,471us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,758us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,979us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted income (loss) per common share $ 0.92us-gaap_EarningsPerShareDiluted $ 0.77us-gaap_EarningsPerShareDiluted $ 1.09us-gaap_EarningsPerShareDiluted
WEIGHTED AVERAGE DILUTED SHARES OUTSTANDING 17,636us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,871us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 18,088us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding