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American Independence Corp. and Subsidiaries - Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,122 $ 2,544
Adjustments to reconcile net income to net change in cash from operating activities:    
Net realized investment gains (200) (323)
Other-than-temporary impairment loss 189 20
Amortization and depreciation 272 645
Equity (income) loss (33) (13)
Deferred tax expense 1,308 1,068
Non-cash stock compensation expense 24 34
Change in operating assets and liabilities:    
Change in trading securities 40 0
Change in insurance reserves 1,455 (1)
Change in net amounts due from and to reinsurers 258 (1,283)
Change in accrued fee income (559) (310)
Change in claims fund (1,302) (1,100)
Change in commissions payable 800 (849)
Change in premiums receivable (2,347) 1,861
Change in income taxes (18) (67)
Change in other assets and other liabilities 1,634 (455)
Net cash provided by operating activities 4,643 1,771
CASH FLOWS FROM INVESTING ACTIVITIES:    
Change in net amount due from and to securities brokers 187 (1,139)
Net sales of securities under resale and repurchase agreements (1,349) 3,013
Sales of and principal repayments on fixed maturities 18,169 20,842
Maturities and other repayments of fixed maturities 2,388 3,150
Purchases of fixed maturities (22,575) (24,501)
Sales of equity securities 218 5,973
Purchases of equity securities 0 (8,329)
Dividends received 86 0
Cash paid in acquisitions, net of cash acquired (1,300) (450)
Net cash used by investing activities (4,176) (1,441)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 0 57
Net cash provided (used) by financing activities 0 57
Increase (decrease) in cash and cash equivalents 467 387
Cash and cash equivalents, beginning of period 1,748 2,614
Cash and cash equivalents, end of period 2,215 3,001
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for income taxes $ 5 $ 6