CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 16,494	$ 33,102
Investments:
Fixed maturities (cost: $206,184 and $201,217)	213,100	201,303
Common and non-redeemable preferred stocks (cost: $11,969 and $12,432)	15,783	21,890
Other invested assets (cost: $3,064 and $2,123)	3,064	2,123
Policy loans	2,206	2,369
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	235,429	228,961
Receivables:
Reinsurance	15,588	14,314
Insurance premiums and other (net of allowance for doubtful accounts: $378 and $339)	14,045	9,343
Deferred income taxes, net	0	363
Deferred acquisition costs	26,992	27,509
Other assets	5,833	3,245
Intangibles	2,544	2,544
Total assets	316,925	319,381
LIABILITIES AND SHAREHOLDERS' EQUITY
Future policy benefits	70,651	69,864
Unearned premiums	27,143	27,415
Losses and claims	66,388	63,018
Other policy liabilities	1,382	2,076
Total insurance reserves and policyholder funds	165,564	162,373
Accounts payable and accrued expenses	15,054	14,843
Deferred income taxes, net	387	0
Junior subordinated debenture obligations, net (Note 3)	33,738	41,238
Total liabilities	214,743	218,454
Commitments and contingencies (Note 6)
Shareholders' equity:
Preferred stock, $1 par, 4,000,000 shares authorized; Series D preferred, 65,000 shares issued and outstanding; $6,500 redemption value	65	65
Common stock, $1 par, 50,000,000 shares authorized; shares issued: 22,400,894; shares outstanding: 20,638,210 and 21,117,874	22,401	22,401
Additional paid-in capital	57,473	57,103
Retained earnings	21,111	18,738
Accumulated other comprehensive income	6,975	6,204
Unearned stock grant compensation	(564)	(485)
Treasury stock, at cost: 1,762,684 and 1,283,020 shares	(5,279)	(3,099)
Total shareholders' equity	102,182	100,927
Total liabilities and shareholders' equity	$ 316,925	$ 319,381