INDEPENDENCE HOLDING COMPANY CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2016		Dec. 31, 2015
Investments:
Short-term investments		$ 6,912		$ 50
Securities purchased under agreements to resell		28,962		28,285
Trading securities		592		1,259
Fixed maturities, available-for-sale		449,487		428,601
Equity securities, available-for-sale		5,333		8,426
Other investments		23,534		21,538
Total investments		514,820		488,159
Cash and cash equivalents		22,010		17,500
Due and unpaid premiums		42,896		69,075
Due from reinsurers		440,285		483,073
Premium and claim funds		17,952		22,015
Goodwill		41,573		47,276
Other assets		54,928		57,934
Assets attributable to discontinued operations	[1]			12,931
TOTAL ASSETS		1,134,464		1,197,963
LIABILITIES:
Policy benefits and claims		219,113		245,443
Future policy benefits		219,450		270,624
Funds on deposit		145,749		173,350
Unearned premiums		9,786		10,236
Other policyholders' funds		9,769		11,822
Due to reinsurers		35,796		46,355
Accounts payable, accruals and other liabilities		55,477		64,109
Liabilities attributable to discontinued operations	[1]	68		(15)
Debt				5,189
Junior subordinated debt securities				38,146
TOTAL LIABILITIES		695,208		865,259
Commitments and contingencies	[2]
IHC STOCKHOLDERS' EQUITY:
Preferred stock	[3]
Common Stock		18,620	[4]	18,569	[5]
Paid-in capital		126,468		127,733
Accumulated other comprehensive income (loss)		(6,964)		(3,440)
Treasury stock, at cost		(17,483)	[6]	(13,961)	[7]
Retained earnings		315,918		194,450
TOTAL IHC STOCKHOLDERS' EQUITY		436,559		323,351
NONCONTROLLING INTERESTS IN SUBSIDIARIES		2,697		9,353
TOTAL EQUITY		439,256		332,704
TOTAL LIABILITIES AND EQUITY		$ 1,134,464		$ 1,197,963

[1] Note 3.

[2] Note 15.

[3] $1 par value; 100,000 shares authorized, none issued or outstanding.

[4] $1 par value; 23,000,000 shares authorized, 18,620,508 shares issued and 17,102,525 shares outstanding.

[5] $1 par value; 23,000,000 shares authorized, 18,569,183 shares issued and 17,265,758 shares outstanding.

[6] 1,517,983 treasury shares

[7] 1,303,425 treasury shares