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American Independence Corp. and Subsidiaries - Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES:    
Premiums earned $ 29,996 [1] $ 18,457 [2]
Fee and agency income 4,247 [3] 3,128 [4]
Net investment income 504 496
Net realized investment gains (losses) 540 126
Other income 73 27
TOTAL REVENUES 35,360 22,234
EXPENSES    
Insurance benefits, claims and reserves 21,233 [5] 11,691 [6]
Selling, general and administrative expenses 12,604 [7] 8,593 [8]
Amortization and depreciation 228 45
TOTAL EXPENSES 34,065 20,329
Income before income tax 1,295 1,905
Provision for income taxes 372 608
Net income 923 1,297
Less: Net income attributable to the non-controlling interest (232) (178)
Net income attributable to American Independence Corp. $ 691 $ 1,119
Basic income per share attributable to American Independence Corp. common stockholders $ 0.09 $ 0.14
Weighted-average basic shares outstanding 8,086 8,272
Diluted income per share attributable to American Independence Corp. common stockholders $ 0.09 $ 0.14
Weighted-average diluted shares outstanding 8,086 8,272
[1] $16,241 from related parties
[2] $9,004 from related parties
[3] $2,551 from related parties
[4] $1,099 from related parties
[5] $8,212 from related parties
[6] $5,589 from related parties
[7] $3,063 from related parties
[8] $3,120 from related parties