XML 40 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Statement of Cash Flows [Abstract]    
Net income (loss) $ 3,895 $ (7,402)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation expense and amortization/accretion, net 563 465
Increase in cash surrender value of company owned life insurance 100 (284)
Net realized gains on investments (4,354) (2,774)
Deferred income taxes 550 (5,465)
Amortization of deferred policy acquisition costs 2,759 2,787
Change in accrued investment income (42) (112)
Change in reinsurance recoverable 193 1,026
Policy acquisition costs deferred (2,704) (2,836)
Change in accrued income taxes/receivable 358 2,021
Change in net policy liabilities and claims (791) 78
Changes in other assets/liabilities, net (310) (813)
Other, net 235 (510)
Net cash provided by (used in) operating activities 452 (13,819)
Cash Flows from Investing Activities:    
Available-for-sale securities (13,553) (25,221)
Trading securities and short-term investments 0 (40)
Real estate held for investment 0 (32)
Property and equipment (67) (311)
Held-to-maturity securities 623 1,581
Available-for-sale securities 10,485 27,778
Trading securities and short-term investments 0 83
Real estate held for investment 4,847 0
Property and equipment 7 9
Other invested assets, net (54) 16
Net cash provided by investing activities 2,288 3,863
Cash Flows from Financing Activities:    
Change in other policyholder funds 22 28
Change in long-term debt (3,634) 12,534
Change in short-term notes payable (125) (360)
Dividends paid (186) (740)
Net cash provided by (used in) financing activities (3,923) 11,462
Net change in cash and cash equivalents (1,183) 1,506
Cash and cash equivalents, beginning of year 6,779 3,393
Cash and cash equivalents, end of year $ 5,596 $ 4,899