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American Independence Corp. and Subsidiaries - Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES:      
Premiums earned $ 133,606us-gaap_PremiumsEarnedNet [1] $ 127,203us-gaap_PremiumsEarnedNet [2]  
Fee and agency income 27,918us-gaap_InsuranceServicesRevenue [3] 22,421us-gaap_InsuranceServicesRevenue [4]  
Net investment income 2,202us-gaap_InvestmentIncomeNet 2,104us-gaap_InvestmentIncomeNet  
Net realized investment gains (losses) 967us-gaap_RealizedInvestmentGainsLosses 1,082us-gaap_RealizedInvestmentGainsLosses  
Total other-than-temporary impairment losses 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities  
Portion of losses recognized in other comprehensive income 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent  
Net impairment losses recognized in earnings 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet  
Other income 183us-gaap_OtherIncome 463us-gaap_OtherIncome  
TOTAL REVENUES 164,876us-gaap_Revenues 153,273us-gaap_Revenues  
EXPENSES      
Insurance benefits, claims and reserves 88,887us-gaap_PolicyholderBenefitsAndClaimsIncurredNet [5] 87,118us-gaap_PolicyholderBenefitsAndClaimsIncurredNet [6]  
Selling, general and administrative expenses 69,752us-gaap_SellingGeneralAndAdministrativeExpense [7] 58,878us-gaap_SellingGeneralAndAdministrativeExpense [8]  
Amortization and depreciation 1,692us-gaap_DepreciationAndAmortization 1,836us-gaap_DepreciationAndAmortization  
TOTAL EXPENSES 160,331us-gaap_BenefitsLossesAndExpenses 147,832us-gaap_BenefitsLossesAndExpenses  
Income before income tax 4,545us-gaap_OperatingIncomeLoss 5,441us-gaap_OperatingIncomeLoss  
Provision for income taxes (802)us-gaap_IncomeTaxExpenseBenefit 1,576us-gaap_IncomeTaxExpenseBenefit  
Net income 5,347us-gaap_ProfitLoss 3,865us-gaap_ProfitLoss  
Less: Net income attributable to the non-controlling interest (97)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (983)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest  
Net income attributable to American Independence Corp. 5,250us-gaap_NetIncomeLoss 2,882us-gaap_NetIncomeLoss  
Basic income per share attributable to American Independence Corp. common stockholders $ 0.65us-gaap_EarningsPerShareBasic $ 0.36us-gaap_EarningsPerShareBasic  
Weighted-average basic shares outstanding 8,077us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 8,076us-gaap_WeightedAverageNumberOfSharesOutstandingBasic  
Diluted income per share attributable to American Independence Corp. common stockholders $ 0.65us-gaap_EarningsPerShareDiluted $ 0.36us-gaap_EarningsPerShareDiluted  
Weighted-average diluted shares outstanding 8,103us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 8,084us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding  
Predecessor      
REVENUES:      
Premiums earned     83,778us-gaap_PremiumsEarnedNet
/ us-gaap_StatementScenarioAxis
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[9]
Fee and agency income     15,441us-gaap_InsuranceServicesRevenue
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[10]
Net investment income     2,126us-gaap_InvestmentIncomeNet
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Net realized investment gains (losses)     603us-gaap_RealizedInvestmentGainsLosses
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Total other-than-temporary impairment losses     (359)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
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Portion of losses recognized in other comprehensive income     170us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
/ us-gaap_StatementScenarioAxis
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Net impairment losses recognized in earnings     (189)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
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Other income     126us-gaap_OtherIncome
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TOTAL REVENUES     101,885us-gaap_Revenues
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EXPENSES      
Insurance benefits, claims and reserves     56,849us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
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[11]
Selling, general and administrative expenses     37,875us-gaap_SellingGeneralAndAdministrativeExpense
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[12]
Amortization and depreciation     509us-gaap_DepreciationAndAmortization
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TOTAL EXPENSES     95,233us-gaap_BenefitsLossesAndExpenses
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Income before income tax     6,652us-gaap_OperatingIncomeLoss
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Provision for income taxes     (3,890)us-gaap_IncomeTaxExpenseBenefit
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Net income     10,542us-gaap_ProfitLoss
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Less: Net income attributable to the non-controlling interest     (950)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
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Net income attributable to American Independence Corp.     $ 9,592us-gaap_NetIncomeLoss
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Basic income per share attributable to American Independence Corp. common stockholders     $ 1.16us-gaap_EarningsPerShareBasic
/ us-gaap_StatementScenarioAxis
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Weighted-average basic shares outstanding     8,272us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
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Diluted income per share attributable to American Independence Corp. common stockholders     $ 1.16us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementScenarioAxis
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Weighted-average diluted shares outstanding     8,272us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
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[1] $68,843 from related parties
[2] $69,710 from related parties
[3] $14,475 from related parties
[4] $10,058 from related parties
[5] $43,077 from related parties
[6] $40,490 from related parties
[7] $21,319 from related parties
[8] $19,223 from related parties
[9] $41,191 from related parties
[10] $5,622 from related parties
[11] $25,993 from related parties
[12] $13,335 from related parties