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Financial Schedules Schedule II - Condensed Financial Information (Parent Company) (Notes)
 12 Months Ended
Dec. 31, 2018
Condensed Financial Information (Parent Company) [Abstract]  
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
Schedule II
Condensed Financial Information of Registrant
CITIZENS, INC. (Parent Company)
Balance Sheets
 
At December 31,
 
2018
 
2017
 
(In thousands)
Assets
 
 
 
Investment in subsidiaries (1)
$
123,245

 
158,453

Fixed maturities available-for-sale, at fair value
41,705

 
39,521

Fixed maturities held-to-maturity, at amortized cost
—

 
350

Equity securities, at fair value
1,035

 
1,133

Real estate and other long-term investments
5,718

 
5,832

Short-term investments
7,865

 
—

Cash
11,768

 
23,850

Accrued investment income
530

 
576

Accounts receivable from subsidiaries (1)
5,871

 
5,489

Property and equipment
425

 
789

Other assets
305

 
290

Total assets
$
198,467

 
236,283

Liabilities and Stockholders' Equity
 

 
 

Liabilities:
 

 
 

Accrued expense and other liabilities
$
10,734

 
12,770

Total liabilities
$
10,734

 
12,770

Stockholders' equity:
 

 
 

Common stock:
 

 
 

Class A
$
259,793

 
259,383

Class B
3,184

 
3,184

Accumulated retained deficit
(69,599
)
 
(54,375
)
Unrealized investment gains on securities held by parent and subsidiaries, net of tax
5,366

 
26,332

Treasury stock
(11,011
)
 
(11,011
)
Total stockholders' equity
187,733

 
223,513

Total liabilities and stockholders' equity
$
198,467

 
236,283


 (1) Eliminated in consolidation.
 

Note to Schedule II:

Citizens, Inc.'s investments in consolidated subsidiaries are stated at cost plus equity in undistributed income of consolidated subsidiaries. The Company includes in its Statement of Operations dividends from its subsidiaries and equity in undistributed income (loss) of consolidated subsidiaries, which represents the net income (loss) of each of its wholly-owned subsidiaries.
Schedule II, Continued
Condensed Financial Information of Registrant
CITIZENS, INC. (Parent Company)
Statements of Operations
 
Years Ended December 31,
Income before equity in income of consolidated subsidiaries
2018
 
2017
 
2016
 
(In thousands)
Revenues:
 
 
 
 
 
Management service fees (1)
$
43,323

 
42,367

 
33,748

Investment income
1,086

 
1,282

 
1,491

Other
1

 
80

 
49

Realized investment losses
(196
)
 
—

 
—

Total revenues
44,214

 
43,729

 
35,288

Expenses:
 

 
 

 
 

General expenses
44,009

 
41,680

 
33,807

Taxes, licenses and fees
761

 
1,203

 
996

Federal income tax expense (benefit)
(185
)
 
228

 
(196
)
Total expenses
44,585

 
43,111

 
34,607

Income (loss) before equity in income of consolidated subsidiaries
(371
)
 
618

 
681

Equity in income (loss) of consolidated subsidiaries
(10,691
)
 
(38,745
)
 
1,288

Net income (loss)
$
(11,062
)
 
(38,127
)
 
1,969

Other comprehensive income (loss)
(25,128
)
 
12,540

 
205

Total comprehensive income (loss)
(36,190
)
 
(25,587
)
 
2,174

 (1) Eliminated in consolidation.


Note to Schedule II:

Citizens, Inc.'s investments in consolidated subsidiaries are stated at cost plus equity in undistributed income of consolidated subsidiaries. The Company includes in its Statement of Operations dividends from its subsidiaries and equity in undistributed income (loss) of consolidated subsidiaries, which represents the net income (loss) of each of its wholly-owned subsidiaries.
Schedule II, Continued
Condensed Financial Information of Registrant
CITIZENS, INC. (Parent Company)
Statements of Cash Flows
 
Years Ended December 31,
 
2018
 
2017
 
2016
 
(In thousands)
Cash flows from operating activities:
 
 
 
 
 
Net income (loss)
$
(11,062
)
 
(38,127
)
 
1,969

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
 

 
 

 
 

Realized investment losses, net
196

 
—

 
—

Equity in loss (income) of consolidated subsidiaries
10,691

 
38,745

 
(1,288
)
Accrued expenses and other liabilities
(2,036
)
 
4,370

 
(3,018
)
Amortization of premiums and discounts on investments
567

 
714

 
911

Depreciation
356

 
319

 
162

Accrued investment income
(46
)
 
181

 
35

Decrease (increase) in receivable from subsidiaries and other assets
382

 
(2,901
)
 
300

Other, net
22

 
(102
)
 
149

Net cash provided by (used in) operating activities
(930
)
 
3,199

 
(780
)
Cash flows from investing activities:
 

 
 

 
 

Purchase of fixed maturities, available-for-sale
(11,871
)
 
—

 
(6,615
)
Maturities of fixed maturities, available-for-sale
7,160

 
10,986

 
8,015

Sales of fixed maturities, available-for-sale
1,366

 
—

 
—

Sale of other long-term investments and property and equipment
103

 
3

 
371

Purchase of other long-term investments and property and equipment
(60
)
 
(261
)
 
(740
)
Purchase of short-term investments
(7,850
)
 
—

 
(522
)
Maturity of short-term investments
—

 
500

 
—

Capital contribution to subsidiary
—

 
(5,250
)
 
—

Net cash provided by (used in) investing activities
(11,152
)
 
5,978

 
509

Cash flows from financing activities:
 

 
 

 
 

Purchase of the Company's stock from affiliates
—

 
—

 
(812
)
Net cash used in financing activities
—

 
—

 
(812
)
Net increase (decrease) in cash
(12,082
)
 
9,177

 
(1,083
)
Cash at beginning of year
23,850

 
14,673

 
15,756

Cash at end of year
$
11,768

 
23,850

 
14,673




Note to Schedule II:

Citizens, Inc.'s investments in consolidated subsidiaries are stated at cost plus equity in undistributed income of consolidated subsidiaries. The Company includes in its Statement of Operations dividends from its subsidiaries and equity in undistributed income (loss) of consolidated subsidiaries, which represents the net income (loss) of each of its wholly-owned subsidiaries.