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3) Investments: Schedule of Major categories of net investment income (Tables)
6 Months Ended
Jun. 30, 2013
Tables/Schedules  
Schedule of Major categories of net investment income

 

Three Months Ended June 30

Six Months Ended June 30

2013

2012

2013

2012

Fixed maturity securities

 $     2,056,804

 $     1,943,272

 $     4,009,843

 $     3,853,617

Equity securities

            38,729

            68,146

          104,489

          131,723

Mortgage loans on real estate

        1,011,446

        1,491,924

        2,051,221

        3,091,896

Real estate

        1,363,662

        1,249,142

        2,441,324

        2,343,277

Policy and other loans

          196,096

          189,947

          399,231

          418,275

Short-term investments,  principally gains on sale of mortgage loans and other

        2,371,299

        2,006,325

        4,578,893

        4,043,731

Gross investment income

        7,038,036

        6,948,756

      13,585,001

      13,882,519

Investment expenses

      (2,011,992)

      (1,383,384)

      (3,557,940)

      (2,732,101)

Net investment income

 $     5,026,044

 $     5,565,372

 $   10,027,061

 $   11,150,418