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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Investments:    
Fixed maturities available-for-sale, at fair value (cost: $1,293,853 and $1,223,747 in 2019 and 2018, respectively) $ 1,377,959 $ 1,231,039
Equity Securities, FV-NI 16,033 15,068
Policy loans 82,005 80,825
Real estate held for investment (less $1,284 accumulated depreciation in 2018, respectively) 0 5,718
Real estate held for sale (less $1,325 and $4,411 accumulated depreciation in 2019 and 2018, respectively) 2,571 1,483
Other long-term investments 385 208
Short-term investments 1,301 7,865
Total investments 1,480,254 1,342,206
Cash and cash equivalents 46,205 45,492
Accrued investment income 17,453 18,467
Reinsurance recoverable 3,696 3,664
Deferred policy acquisition costs 149,249 155,747
Cost of customer relationships acquired 13,455 15,225
Goodwill and other intangible assets 13,575 13,580
Property and equipment, net 5,904 5,943
Due premiums 12,656 13,325
Other assets 2,489 1,912
Total assets 1,744,936 1,615,561
Future policy benefits reserves:    
Life insurance 1,218,757 1,179,946
Annuities 76,380 76,377
Accident and health 1,031 944
Dividend accumulations 29,211 26,250
Premiums paid in advance 43,102 48,553
Policy claims payable 8,059 7,614
Other policyholders' funds 18,192 10,760
Total policy liabilities 1,394,732 1,350,444
Commissions payable 2,514 1,901
Deferred federal income tax liability, net 12,428 5,709
Current federal income tax payable 44,622 41,281
Other liabilities 30,804 28,493
Total liabilities 1,485,100 1,427,828
Commitments and Contingencies
Stockholders' equity:    
Accumulated deficit (70,969) (69,599)
Accumulated other comprehensive income:    
Unrealized gains on securities, net of tax 77,117 5,366
Treasury stock, at cost (11,011) (11,011)
Total stockholders' equity 259,836 187,733
Total liabilities and stockholders' equity 1,744,936 1,615,561
Common Stock Class A [Member]    
Stockholders' equity:    
Common stock 261,515 259,793
Common Stock Class B [Member]    
Stockholders' equity:    
Common stock $ 3,184 $ 3,184