CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 8,438	$ 24,547
Investments:
Fixed maturities, available-for-sale (cost: $222,428 and $212,544)	217,848	215,108
Equity securities (cost: $10,918 and $10,918)	18,936	23,355
Other invested assets (cost: $5,663 and $5,626)	5,663	5,626
Policy loans	2,105	2,146
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	245,828	247,511
Receivables:
Reinsurance	20,883	17,613
Insurance premiums and other (net of allowance for doubtful accounts: $223 and $209)	7,896	13,241
Deferred income taxes, net	2,271	0
Deferred acquisition costs	33,163	32,694
Other assets	4,787	5,089
Intangibles	2,544	2,544
Total assets	325,810	343,239
LIABILITIES AND SHAREHOLDERS' EQUITY
Future policy benefits	84,368	82,435
Unearned premiums	16,887	23,449
Losses and claims	70,120	65,689
Other policy liabilities	1,577	2,010
Total insurance reserves and policyholder funds	172,952	173,583
Accounts payable and accrued expenses	17,396	22,342
Deferred income taxes, net	0	593
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	224,086	230,256
Commitments and contingencies (Note 9)
Shareholders' equity:
Preferred stock, $1 par, 4,000,000 shares authorized; Series D preferred, 55,000 shares issued and outstanding; $5,500 redemption value	55	55
Common stock, $1 par, 50,000,000 shares authorized; shares issued: 22,400,894; shares outstanding: 20,372,444 and 20,449,531	22,401	22,401
Additional paid-in capital	57,431	57,495
Retained earnings	33,188	30,993
Accumulated other comprehensive income (loss)	(3,618)	9,751
Unearned stock grant compensation	(387)	(579)
Treasury stock, at cost: 2,028,450 and 1,951,363 shares	(7,346)	(7,133)
Total shareholders' equity	101,724	112,983
Total liabilities and shareholders' equity	$ 325,810	$ 343,239