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INDEPENDENCE HOLDING COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS PROVIDED BY (USED BY) OPERATING ACTIVITIES:      
Net income (loss) $ 30,522 $ 16,921 $ 15,256
Adjustments to reconcile net income to net change in cash from operating activities:      
Gain on sale of subsidiary to joint venture (9,940)    
Gain on disposition of assets (5,053)    
Amortization of deferred acquisition costs 3,524 4,941 15,132
Net realized investment gains (3,094) (7,688) (19,750)
Net impairment losses recognized in earnings 228    
Equity income from equity method investments (405) (1,106) (2,506)
Depreciation and amortization 3,063 3,932 4,577
Deferred tax expense (benefits) 2,239 5,628 8,692
Other adjustments to reconcile net income 4,349 9,449 5,574
Changes in assets and liabilities:      
Net sales (purchases) of trading securities 5,356 (4,719) 1,603
Change in insurance liabilities (18,907) (94,876) 36,136
(Additions) reductions to deferred acquisition costs, net 26,774 (6,223) (5,827)
Change in amount due from reinsurers (202,617) 101,987 (213,349)
Change in premium and claim funds (1,891) 4,800 3,243
Change in current income tax liability 3,386 2,241 (951)
Change in due and unpaid premiums (6,447) (3,193) (10,005)
Change in other assets (5,139) 2,580 (219)
Change in other liabilities 9,328 (7,343) 78
Net change in cash from operating activities (164,724) 27,331 (162,316)
CASH FLOWS PROVIDED BY (USED BY) INVESTING ACTIVITIES:      
Net sales (purchases) of securities under resale and repurchase agreements (11,495) 5,804 11,362
Sales of equity securities 11,986 288 11,529
Purchases of equity securities (6,601) (1,228) (7,517)
Sales of fixed maturities 629,376 353,143 551,756
Maturities and other repayments of fixed maturities 42,630 45,091 57,090
Purchases of fixed maturities (521,417) (421,285) (462,823)
Acquisition of subsidiary, net of cash acquired 511    
Proceeds from deconsoidation of subsidiary, net of cash divested 4,518    
Proceeds from sale of assets 8,000    
Change in policy loans 10,629 660 10,837
Other investing activites 191 1,674 9,455
Net change in cash from investing activities 168,328 (15,853) 181,689
CASH FLOWS PROVIDED BY (USED BY) FINANCING ACTIVITIES:      
Payments for repurchases of common stock (1,820) (3,972) (3,636)
Cash paid in acquisitions of noncontrolling interests (1,734)   (8,825)
Proceeds (withdrawals) of investment-type insurance contracts (2,306) (2,988) (3,262)
Repayment of long-term debt (2,617) (2,000) (2,000)
Dividends paid (1,392) (1,233) (620)
Other financing activities 353 (431) (746)
Net change in cash from financing activities (9,516) (10,624) (19,089)
Net change in cash and cash equivalents (5,912) 854 284
Cash and cash equivalents, beginning of period 25,083 24,229 23,945
Cash and cash equivalents, end of period $ 19,171 $ 25,083 $ 24,229