American Independence Corp. and Subsidiaries - Condensed Consolidated Balance Sheets (June 30, 2011 Unaudited) (USD $) In Thousands	Jun. 30, 2011		Dec. 31, 2010
Investments:
Securities purchased under agreements to resell	$ 2,337		$ 6,716
Fixed maturities available-for-sale, at fair value	55,731		53,736
Equity securities available-for-sale, at fair value	6,344		3,997
Total investments	64,412		64,449
Cash and cash equivalents	1,340		2,614
Restricted cash	5,391	[1]	4,194	[2]
Accrued investment income	553		429
Premiums receivable	8,893	[3]	10,065	[4]
Net deferred tax asset	9,734		10,250
Due from reinsurers	10,332	[5]	9,155	[6]
Goodwill	23,561		23,561
Intangible assets	1,298		1,689
Accrued fee income	2,142	[7]	1,233	[8]
Due from securities brokers	5,355		65
Other assets	6,885	[9]	5,645	[10]
TOTAL ASSETS	139,896		133,349
LIABILITIES:
Insurance reserves	25,351	[11]	24,998	[12]
Premium and claim funds payable	5,391	[13]	4,194	[14]
Commission payable	3,907	[15]	4,181	[16]
Accounts payable, accruals and other liabilities	3,763	[17]	3,557	[18]
State income taxes payable	902		835
Due to securities brokers	4,667		1,327
Due to reinsurers	1,935	[19]	2,080	[20]
TOTAL LIABILITIES	45,916		41,172
AMIC STOCKHOLDERS' EQUITY:
Preferred stock		[21]		[21]
Common stock	92	[22]	92	[23]
Additional paid-in capital	479,935		479,910
Accumulated other comprehensive gain (loss)	794		103
Treasury stock, at cost	(7,841)	[24]	(7,976)	[25]
Accumulated deficit	(379,082)		(380,069)
TOTAL AMIC STOCKHOLDERS' EQUITY	93,898		92,060
NON-CONTROLLING INTERESTS IN SUBSIDIARIES	82		117
TOTAL EQUITY	93,980		92,177
TOTAL LIABILITIES AND EQUITY	$ 139,896		$ 133,349

[1] $3,090 restricted by related parties

[2] $2,562 restricted by related parties

[3] $3,193 due from related parties

[4] $4,157 due from related parties

[5] $5,935 due from related parties

[6] $5,300 due from related parties

[7] $1,012 due from related parties

[8] $541 due from related parties

[9] $50 due from related parties

[10] $0 due from related parties

[11] $12,559 due to related parties

[12] $13,440 due to related parties

[13] $3,090 due to related parties

[14] $2,562 due to related parties

[15] $2,296 due to related parties

[16] $2,404 due to related parties

[17] $496 due to related parties

[18] $357 due to related parties

[19] $318 due to related parties

[20] $162 due to related parties

[21] $0.10 par value, 1,000 shares designated; no shares issued and outstanding

[22] $0.01 par value, 15,000,000 shares authorized; 9,181,793 shares issued; 8,519,980 shares outstanding

[23] $0.01 par value, 15,000,000 shares authorized; 9,181,793 shares issued; 8,508,591 shares outstanding

[24] 661,813 shares

[25] 673,202 shares