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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Net income $ 2,636 $ 4,388
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of deferred acquisition costs 11,884 10,320
Acquisition costs deferred (12,993) (11,205)
Realized investment gains, net (2,595) (4,857)
Decrease in insurance reserves and policyholder funds (666) (749)
Compensation expense related to share awards 586 365
Depreciation and amortization 1,205 1,117
Deferred income tax (benefit) expense (2) 304
(Increase) decrease in receivables, net (407) 1,329
Increase in other liabilities 1,649 1,442
Other, net 19 (245)
Net cash provided by operating activities 1,316 2,209
Cash flows from investing activities:    
Proceeds from investments sold 62,361 84,873
Proceeds from investments matured, called or redeemed 10,874 5,924
Investments purchased (75,071) (91,676)
Additions to property and equipment (396) (322)
Net cash used in investing activities (2,232) (1,201)
Cash flows from financing activities:    
Payment of dividends on Series D Preferred Stock (399) (399)
Payment of dividends on common stock (408) (412)
Proceeds from shares issued under stock plans 51 47
Purchase of shares for treasury (698) (997)
Net cash used in financing activities (1,454) (1,761)
Net decrease in cash (2,370) (753)
Cash and cash equivalents at beginning of year 15,622 16,375
Cash and cash equivalents at end of year 13,252 15,622
Supplemental cash flow information:    
Cash paid for interest 1,544 1,424
Cash paid for income taxes $ 675 $ 1,465