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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income (loss) $ (11,062,000) $ (38,127,000) $ 1,969,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Realized gains on sale of investments and other assets (108,000) (518,000) 1,985,000
Net deferred policy acquisition costs 11,540,000 570,000 (4,217,000)
Amortization of cost of customer relationships acquired 2,458,000 2,129,000 2,063,000
Depreciation 1,451,000 1,065,000 806,000
Amortization of premiums and discounts on investments 16,998,000 16,606,000 14,676,000
Stock-based compensation 410,000 0 0
Deferred federal income tax expense (benefit) 62,633,000 20,687,000 (9,834,000)
Write-off of goodwill 0 4,631,000 0
Change in:      
Accrued investment income 595,000 (1,159,000) (2,497,000)
Reinsurance recoverable 51,000 147,000 304,000
Due premiums (560,000) 87,000 (1,033,000)
Future policy benefit reserves 48,496,000 75,920,000 74,583,000
Other policyholders' liabilities 940,000 5,860,000 7,521,000
Federal income tax receivable (52,079,000) 11,808,000 9,287,000
Commissions payable and other liabilities 3,609,000 (6,753,000) 6,434,000
Other, net (752,000) 59,000 224,000
Net cash provided by operating activities 84,620,000 93,012,000 102,271,000
Cash flows from investing activities:      
Sale of fixed maturities, available-for-sale 38,823,000 1,077,000 20,638,000
Maturities and calls of fixed maturities, available-for-sale 65,906,000 74,902,000 56,032,000
Maturities and calls of fixed maturities, held-to-maturity 20,699,000 9,095,000 14,405,000
Purchase of fixed maturities, available-for-sale (195,001,000) (167,699,000) (234,964,000)
Purchase of fixed maturities, held-to-maturity 0 0 (5,507,000)
Proceeds from sale of equity securities 0    
Sale of equity securities   1,940,000 5,100,000
Calls of equity securities 0    
Calls of equity securities   450,000 822,000
Purchase equity securities (9,000)    
Purchase of equity securities   0 0
Principal payments on mortgage loans 9,000 37,000 362,000
Increase in policy loans, net (7,090,000) (7,063,000) (6,506,000)
Sale of other long-term investments 14,000 3,041,000 37,000
Purchase of other long-term investments and real estate 0 0 (75,000)
Purchase of property and equipment (724,000) (1,326,000) (2,214,000)
Sale of property and equipment 89,000 41,000 59,000
Maturity of short-term investments 0 500,000 256,000
Purchase of short-term investments (7,850,000) 0 (522,000)
Net cash used in investing activities (85,134,000) (85,005,000) (152,077,000)
Cash flows from financing activities:      
Annuity deposits 7,265,000 9,346,000 8,673,000
Annuity withdrawals (7,323,000) (6,799,000) (6,184,000)
Net cash provided by financing activities (58,000) 2,547,000 2,489,000
Net increase (decrease) in cash and cash equivalents (572,000) 10,554,000 (47,317,000)
Cash and cash equivalents at beginning of year 46,064,000 35,510,000 82,827,000
Cash and cash equivalents at end of year 45,492,000 46,064,000 35,510,000
Cash paid during the year for income taxes $ 2,510,000 $ 2,675,000 $ 4,061,000