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Consolidated Statements of Financial Position (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Investments:    
Fixed maturities available-for-sale, at fair value ( cost: $574,094 and $578,412 in 2011 and 2010, respectively) $ 583,108 $ 575,737
Fixed maturities held-to-maturity, at amortized cost ( fair value: $108,608 and $79,103 in 2011 and 2010, respectively) 109,744 80,232
Equity securities available-for-sale, at fair value (cost: $20,551 and $19,844 in 2011 and 2010, respectively) 24,593 23,304
Mortgage loans on real estate 1,466 1,489
Policy loans 36,919 35,585
Real estate held for investment (less $1,082 and $1,017 accumulated depreciation in 2011 and 2010, respectively) 9,152 9,200
Other long-term investments 144 148
Total investments 765,126 725,695
Cash and cash equivalents 58,376 49,723
Accrued investment income 8,615 7,433
Reinsurance recoverable 9,440 9,729
Deferred policy acquisition costs 131,970 125,684
Cost of customer relationships acquired 30,083 31,631
Goodwill 17,160 17,160
Other intangible assets 970 1,019
Federal income tax receivable 847 1,914
Property and equipment, net 7,940 7,101
Due premiums, net (less $1,489 and $1,568 allowance for doubtful accounts in 2011 and 2010, respectively) 7,989 8,537
Prepaid expenses 1,463 474
Other assets 689 406
Total assets 1,040,668 986,506
Future policy benefit reserves:    
Life insurance 661,534 637,140
Annuities 44,241 42,096
Accident and health 5,634 5,910
Dividend accumulations 10,028 9,498
Premiums paid in advance 25,282 23,675
Policy claims payable 9,507 10,540
Other policyholders' funds 8,137 8,191
Total policy liabilities 764,363 737,050
Commissions payable 2,564 2,538
Deferred federal income tax 13,695 9,410
Payable for securities in process of settlement 10,078 0
Warrants outstanding 372 1,587
Other liablities 9,047 8,287
Total liabilities 800,119 758,872
Commitments and contingencies (Note 8)    
Stockholders' equity:    
Accumulated deficit (17,558) (22,581)
Accumulated other comprehensive income:    
Unrealized gains on securities, net of tax 9,214 1,339
Treasury stock, at cost (11,011) (11,011)
Total stockholders' equity 240,549 227,634
Total liabilities and stockholders' equity 1,040,668 986,506
Common Class A [Member]
   
Stockholders' equity:    
Common stock 256,720 256,703
Common Class B [Member]
   
Stockholders' equity:    
Common stock $ 3,184 $ 3,184