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American Independence Corp. and Subsidiaries - Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,532 $ 3,122
Adjustments to reconcile net income to net change in cash from operating activities:    
Net realized investment gains (973) (200)
Other-than-temporary impairment loss 0 189
Amortization and depreciation 736 272
Equity (income) loss (366) (33)
Deferred tax expense 1,519 1,308
Non-cash stock compensation expense 30 24
Amortization of bond premiums and discounts 480 0
Change in operating assets and liabilities:    
Change in trading securities 424 40
Change in insurance reserves 8,322 1,455
Change in net amounts due from and to reinsurers (2,165) 258
Change in accrued fee income 384 (559)
Change in claims fund 153 (1,302)
Change in commissions payable 887 800
Change in premiums receivable (2,339) (2,347)
Change in income taxes 27 (18)
Dividends received 0 86
Change in other assets and other liabilities 2,921 1,634
Net cash provided by operating activities of continuing operations 13,572 4,729
Net cash provided by operating activities 13,572 4,729
CASH FLOWS FROM INVESTING ACTIVITIES:    
Change in net amount due from and to securities brokers 35 187
Net sales of securities under resale and repurchase agreements 170 (1,349)
Sales of and principal repayments on fixed maturities 30,273 18,169
Maturities and other repayments of fixed maturities 3,644 2,388
Purchases of fixed maturities (46,289) (22,575)
Sales of equity securities 1,501 218
Change in loan receivable (638) 0
Cash paid in acquisitions, net of cash acquired (1,250) (1,300)
Purchases of fixed assets (382) 0
Net cash used by investing activities (12,936) (4,262)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of contingent liability on acquisitions (342) 0
Dividends paid to non-controlling interest (654) 0
Repurchase of common stock (1,198) 0
Net cash provided (used) by financing activities (2,194) 0
Increase (decrease) in cash and cash equivalents (1,558) 467
Cash and cash equivalents, beginning of period 4,576 1,748
Cash and cash equivalents, end of period 3,018 2,215
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for income taxes $ 32 $ 5