XML 67 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8

3) Investments: Available-for-sale Securities (Tables)

6 Months Ended

Jun. 30, 2013

AsOfMarch312013Member

Tables/Schedules

Available-for-sale Securities

		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
June 30, 2013:
Equity securities available for sale at estimated fair value:
Common stock:
Industrial, miscellaneous and all other		$       5,614,466		$    341,538		$       (865,510)		$    5,090,494
Total equity securities available for sale at estimated fair value		$       5,614,466		$    341,538		$       (865,510)		$    5,090,494
Mortgage loans on real estate and construction loans held for investment at amortized cost:
Residential		$     48,095,617
Residential construction		1,546,577
Commercial		35,309,814
Less: Allowance for loan losses		(4,413,927)
Total mortgage loans on real estate and construction loans held for investment		$     80,538,081
Real estate held for investment - net of depreciation		$     27,300,608
Other real estate owned held for investment - net of  depreciation		61,235,783
Other real estate owned held for sale		-
Total real estate		$     88,536,391
Policy and other loans at amortized cost - net of allowance for doubtful accounts		$     19,207,592
Short-term investments at amortized cost		$     17,626,271

AsOfDecember312012Member

Tables/Schedules

Available-for-sale Securities

		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
December 31, 2012:
Equity securities available for sale at estimated fair value:
Non-redeemable preferred stock		$            20,281		$                 -		$          (1,486)		$         18,795
Common stock:
Industrial, miscellaneous and all other		6,047,474		309,752		(970,909)		5,386,317
Total equity securities available for sale at estimated fair value		$       6,067,755		$      309,752		$      (972,395)		$    5,405,112
Mortgage loans on real estate and construction loans held for investment at amortized cost:
Residential		$     50,584,923
Residential construction		3,161,112
Commercial		34,956,031
Less: Allowance for loan losses		(4,239,861)
Total mortgage loans on real estate and construction loans held for investment		$     84,462,205
Real estate held for investment - net of depreciation		$       3,543,751
Other real estate owned held for investment - net of depreciation		55,027,669
Other real estate owned held for sale		5,682,610
Total real estate		$     64,254,030
Policy and other loans at amortized cost - net of allowance for doubtful accounts		$     20,188,516
Short-term investments at amortized cost		$     40,925,390

X

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 03-1

-Paragraph 21

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27337-111563



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27198-111563



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803



Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563



Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563



Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563



Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 19, 20, 21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS115-1/124-1

-Paragraph 17

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_TableTextBlockSupplementAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration