Coconut Saffron Rice

There is not really much of a story behind this recipe. I simply came up with it after I bought saffron online, and wanted to find a way to use it up.

14 oz can coconut milk
2 1/4 cups water
1/2 tsp. saffron threads
1/2 tsp. salt
1/2 tsp. black pepper
1/2 tsp. red pepper flakes
1/2 tsp. dried thyme
2 chicken bouillion cubes
2 cups white rice

Add all ingredients except rice to pot. Bring to a boil. Add rice and stir. Lower heat to a simmer, cover and cook 20 minutes until rice is tender and water is absorbed.