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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, 2015
Mar. 31, 2014
REVENUES:    
Premiums earned $ 36,217us-gaap_PremiumsEarnedNet [1] $ 32,484us-gaap_PremiumsEarnedNet [2]
Fee and agency income 6,542us-gaap_InsuranceServicesRevenue [3] 9,976us-gaap_InsuranceServicesRevenue [4]
Net investment income 612us-gaap_InvestmentIncomeNet 536us-gaap_InvestmentIncomeNet
Net realized investment gains (losses) 141us-gaap_RealizedInvestmentGainsLosses 48us-gaap_RealizedInvestmentGainsLosses
Other income 45us-gaap_OtherIncome 43us-gaap_OtherIncome
TOTAL REVENUES 43,557us-gaap_Revenues 43,087us-gaap_Revenues
EXPENSES    
Insurance benefits, claims and reserves 23,970us-gaap_PolicyholderBenefitsAndClaimsIncurredNet [5] 21,786us-gaap_PolicyholderBenefitsAndClaimsIncurredNet [6]
Selling, general and administrative expenses 18,065us-gaap_SellingGeneralAndAdministrativeExpense [7] 19,649us-gaap_SellingGeneralAndAdministrativeExpense [8]
Amortization and depreciation 287us-gaap_DepreciationAndAmortization 428us-gaap_DepreciationAndAmortization
TOTAL EXPENSES 42,322us-gaap_BenefitsLossesAndExpenses 41,863us-gaap_BenefitsLossesAndExpenses
Income before income tax 1,235us-gaap_OperatingIncomeLoss 1,224us-gaap_OperatingIncomeLoss
Provision for income taxes 464us-gaap_IncomeTaxExpenseBenefit 342us-gaap_IncomeTaxExpenseBenefit
Net income 771us-gaap_ProfitLoss 882us-gaap_ProfitLoss
Less: Net income attributable to the non-controlling interest (49)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (240)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to American Independence Corp. $ 722us-gaap_NetIncomeLoss $ 642us-gaap_NetIncomeLoss
Basic income per share attributable to American Independence Corp. common stockholders $ 0.09us-gaap_EarningsPerShareBasic $ 0.08us-gaap_EarningsPerShareBasic
Weighted-average basic shares outstanding 8,079us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 8,073us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted income per share attributable to American Independence Corp. common stockholders $ 0.09us-gaap_EarningsPerShareDiluted $ 0.08us-gaap_EarningsPerShareDiluted
Weighted-average diluted shares outstanding 8,094us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 8,098us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] $19,783 from related parties
[2] $17,647 from related parties
[3] $6,432 from related parties
[4] $4,212 from related parties
[5] $12,677 from related parties
[6] $11,365 from related parties
[7] $5,805 from related parties
[8] $5,361 from related parties