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American Independence Corp. and Subsidiaries - Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Investments:    
Securities purchased under agreements to resell $ 3,563 [1] $ 5,234
Trading Securities 859 1,056
Fixed maturities available-for-sale, at fair value 68,222 58,329
Equity securities available-for-sale, at fair value 988 2,507
Total investments 73,632 67,126
Cash and cash equivalents 4,424 4,576
Restricted cash 10,067 [2] 13,321 [3]
Accrued investment income 604 755
Premiums receivable 14,364 [4] 10,387 [5]
Net federal deferred tax asset 11,248 13,024
Due from reinsurers 7,549 [6] 6,307 [7]
Goodwill 23,561 23,561
Intangible assets 2,336 3,379
Accrued fee income 2,332 [8] 3,122 [9]
Due from securities brokers 172 61
Other assets 18,105 13,364
TOTAL ASSETS 168,394 158,983
LIABILITIES:    
Policy benefits and claims 35,252 [10] 24,993 [11]
Premium and claim funds payable 10,067 [12] 13,321 [13]
Commission payable 5,455 [14] 4,329 [15]
Accounts payable, accruals and other liabilities 13,250 [16] 10,118 [17]
State income taxes payable 544 545
Due to securities brokers 45 22
Due to reinsurers 1,177 [18] 1,431 [19]
TOTAL LIABILITIES 65,790 54,759
AMIC STOCKHOLDERS' EQUITY:    
Common stock 92 92
Additional paid-in capital 479,481 479,451
Accumulated other comprehensive gain (loss) (2,152) 1,829
Treasury stock, at cost (10,305) (9,107)
Accumulated deficit (364,730) (368,113)
TOTAL AMIC STOCKHOLDERS' EQUITY 102,386 104,152
NON-CONTROLLING INTERESTS IN SUBSIDIARIES 218 72
TOTAL EQUITY 102,604 104,224
TOTAL LIABILITIES AND EQUITY $ 168,394 $ 158,983
[1] All settled on January 2, 2014.
[2] $8,803 restricted by related parties
[3] $8,711 restricted by related parties
[4] $8,622 due from related parties
[5] $5,369 due from related parties
[6] $3,206 due from related parties
[7] $3,016 due from related parties
[8] $1,076 due from related parties
[9] $777 due from related parties
[10] $17,370 due to related parties
[11] $12,378 due to related parties
[12] $8,803 due to related parties
[13] $8,711 due to related parties
[14] $3,423 due to related parties
[15] $2,868 due to related parties
[16] $1,643 due to related parties
[17] $1,317 due to related parties
[18] $639 due to related parties
[19] $432 due to related parties