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American Independence Corp. and Subsidiaries - Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES:    
Premiums earned $ 32,484 [1] $ 29,996 [2]
Fee and agency income 9,976 [3] 4,247 [4]
Net investment income 536 504
Net realized investment gains (losses) 48 540
Other income 43 73
TOTAL REVENUES 43,087 35,360
EXPENSES    
Insurance benefits, claims and reserves 21,786 [5] 21,233 [6]
Selling, general and administrative expenses 19,649 [7] 12,604 [8]
Amortization and depreciation 237 228
TOTAL EXPENSES 41,672 34,065
Income before income tax 1,415 1,295
Provision for income taxes 409 372
Net income 1,006 923
Less: Net income attributable to the non-controlling interest (240) (232)
Net income attributable to American Independence Corp. $ 766 $ 691
Basic income per share attributable to American Independence Corp. common stockholders $ 0.09 $ 0.09
Weighted-average basic shares outstanding 8,073 8,086
Diluted income per share attributable to American Independence Corp. common stockholders $ 0.09 $ 0.09
Weighted-average diluted shares outstanding 8,098 8,086
[1] $17,647 from related parties
[2] $16,241 from related parties
[3] $4,212 from related parties
[4] $1,161 from related parties
[5] $11,365 from related parties
[6] $8,212 from related parties
[7] $5,361 from related parties
[8] $3,063 from related parties