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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Cash Flows from Operating Activities      
Net income (loss) $ (860) $ 2,443 $ 4,067
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation expense and amortization/accretion, net 69 72  
Net (gains) losses on investments 990 (2,120)  
Deferred income taxes (112) (92)  
Amortization of deferred policy acquisition costs 1,065 980  
Changes in assets and liabilities:      
Change in receivable for securities sold 54 0  
Change in accrued investment income (50) (13)  
Change in reinsurance recoverable 0 376  
Policy acquisition costs deferred (924) (895)  
Change in accrued income taxes (53) 618  
Change in net policy liabilities and claims (306) (281)  
Change in other assets/liabilities, net (800) 617  
Other, net (1) 4  
Net cash provided by (used in) operating activities (928) 1,709  
Cash Flows from Investing Activities      
Available-for-sale securities (9,926) (4,119)  
Trading securities and short-term investments 0 (26)  
Property and equipment (25) (3)  
Held-to-maturity securities 45 19  
Available-for-sale securities 5,076 2,282  
Real estate held for investment 2 11  
Other invested assets, net (17) 2,037  
Net cash provided by (used in) investing activities (4,845) 201  
Cash Flows from Financing Activities      
Change in other policyholder funds (15) (42)  
Dividends paid (152) (126)  
Net cash used in financing activities (167) (168)  
Net change in cash and cash equivalents (5,940) 1,742  
Cash and cash equivalents, beginning of year 11,809 5,676 5,676
Cash and cash equivalents, end of period $ 5,869 $ 7,418 $ 11,809