XML 28 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
American Independence Corp. and Subsidiaries - Consolidated Balance Sheets (USD $)
In Thousands, except Share data, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Investments:    
Securities purchased under agreements to resell $ 2,679 $ 6,716
Fixed maturities available-for-sale, at fair value 57,431 53,736
Equity securities available-for-sale, at fair value 4,231 3,997
Total investments 64,341 64,449
Cash and cash equivalents 1,748 2,614
Restricted cash 7,975 [1] 4,194 [2]
Accrued investment income 654 429
Premiums receivable 7,461 [3] 10,065 [4]
Net deferred tax asset 8,992 10,250
Due from reinsurers 7,368 [5] 6,166 [6]
Goodwill 23,561 23,561
Intangible assets 906 1,689
Accrued fee income 582 [7] 1,233 [8]
Due from securities brokers 296 65
Other assets 8,896 [9] 5,161 [10]
TOTAL ASSETS 132,780 129,876
LIABILITIES:    
Insurance reserves 21,030 [11] 22,009 [12]
Premium and claim funds payable 7,975 [13] 4,194 [14]
Commission payable 3,020 [15] 4,181 [16]
Accounts payable, accruals and other liabilities 3,858 [17] 3,557 [18]
State income taxes payable 481 351
Due to securities brokers 3 1,327
Due to reinsurers 2,424 [19] 2,080 [20]
TOTAL LIABILITIES 38,791 37,699
AMIC STOCKHOLDERS' EQUITY:    
Common stock 92 92
Additional paid-in capital 479,418 479,910
Accumulated other comprehensive gain (loss) 1,278 103
Treasury stock, at cost (9,107) (7,976)
Accumulated deficit (377,692) (380,069)
TOTAL AMIC STOCKHOLDERS' EQUITY 93,989 92,060
NON-CONTROLLING INTERESTS IN SUBSIDIARIES 0 117
TOTAL EQUITY 93,989 92,177
TOTAL LIABILITIES AND EQUITY $ 132,780 $ 129,876
Stockholders' Equity, Number of Shares, and Par Value Disclosures    
Preferred Stock, Par Value $ 0.10 $ 0.10
Preferred Stock, Shares Authorized 1,000 1,000
Preferred Stock, Shares Issued 0 0
Preferred Stock, Shares Outstanding 0 0
Common Stock, Par Value $ 0.01 $ 0.01
Common Stock, Shares Authorized 15,000,000 15,000,000
Common Stock, Shares Issued 9,181,793 9,181,793
Common Stock, Shares Outstanding 8,272,332 8,508,591
Treasury Stock, Shares 909,461 673,202
[1] $5,284 restricted by related parties
[2] $2,562 restricted by related parties
[3] $2,884 due from related parties
[4] $4,157 due from related parties
[5] $3,204 due from related parties
[6] $2,311 due from related parties
[7] $1,000 due from related parties
[8] $541 due from related parties
[9] $5 due from related parties
[10] $0 due from related parties
[11] $8,998 due to related parties
[12] $10,451 due to related parties
[13] $5,284 due to related parties
[14] $2,562 due to related parties
[15] $1,667 due to related parties
[16] $2,404 due to related parties
[17] $687 due to related parties
[18] $357 due to related parties
[19] $729 due to related parties
[20] $162 due to related parties