CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 16,375	$ 33,102
Investments	240,285	228,961
Receivables:
Reinsurance	14,348	14,314
Insurance premiums and other, net of allowance for doubtful accounts of $439 and $339 in 2014 and 2013, respectively	10,728	9,343
Deferred income taxes, net	0	363
Deferred acquisition costs	26,981	27,509
Other assets	5,747	3,245
Intangibles	2,544	2,544
Total assets	317,008	319,381
LIABILITIES AND SHAREHOLDERS' EQUITY
Insurance reserves and policyholder funds	164,094	162,373
Accounts payable and accrued expenses	13,586	14,843
Deferred income taxes, net	1,395	0
Junior subordinated debenture obligations, net (Note 6)	33,738	41,238
Total liabilities	212,813	218,454
Commitments and contingencies (Note 7)
Shareholders' equity:
Preferred stock, $1 par, 4,000,000 shares authorized; Series D preferred, 55,000 and 65,000 shares issued and outstanding in 2014 and 2013, respectively; $5,500 and $6,500 redemption value in 2014 and 2013, respectively	55	65
Common stock, $1 par, 50,000,000 shares authorized; 22,400,894 shares issued; 20,600,039 and 21,117,874 shares outstanding in 2014 and 2013, respectively	22,401	22,401
Additional paid-in capital	56,491	57,103
Retained earnings	21,866	18,738
Accumulated other comprehensive income	9,279	6,204
Unearned stock grant compensation	(460)	(485)
Treasury stock, at cost, 1,800,855 and 1,283,020 shares in 2014 and 2013, respectively	(5,437)	(3,099)
Total shareholders' equity	104,195	100,927
Total liabilities and shareholders' equity	$ 317,008	$ 319,381