XML 72 R39.htm IDEA: XBRL DOCUMENT v2.4.0.8
8): Fair Value of Financial Instruments: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)
 9 Months Ended
Sep. 30, 2013
AsOfJune302013Member
  
Tables/Schedules  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Observable Inputs (Level 2)

Significant Unobservable Inputs (Level 3)

Assets accounted for at fair value on a recurring basis

Common stock

 $           5,129,640

 $                5,129,640

 $                 -

 $                          -

Total securities available for sale

              5,129,640

                   5,129,640

                    -

                             -

Restricted assets of cemeteries and mortuaries

                 647,242

                      647,242

                    -

                             -

Cemetery perpetual care trust investments

                 634,657

                      634,657

                    -

                             -

Derivatives - interest rate lock commitments

              2,719,681

                                  -

                    -

              2,719,681

Total assets accounted for at fair value on a recurring basis

 $           9,131,220

 

 $                6,411,539

 

 $                 -

 

 $           2,719,681

Liabilities accounted for at fair value on a  recurring basis

Policyholder account balances

 $       (48,232,865)

 $                               -

 $                 -

 $        (48,232,865)

Future policy benefits - annuities

          (64,775,274)

                                  -

                    -

           (64,775,274)

Derivatives - bank loan interest rate swaps

                 (65,881)

                                  -

                    -

                  (65,881)

   - call options

               (129,110)

                     (129,110)

                    -

                             -

   - interest rate lock commitments

               (855,315)

                                  -

                    -

                (855,315)

Total liabilities accounted for at fair value on a recurring basis

 $     (114,058,445)

 

 $                  (129,110)

 

 $                 -

 

 $      (113,929,335)

 

 

 

 
AsOfDecember312012Member
  
Tables/Schedules  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

 

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Observable Inputs (Level 2)

Significant Unobservable Inputs (Level 3)

Assets accounted for at fair value on a recurring basis

Non-redeemable preferred stock

 $               18,795

 $              18,795

 $                 -

 $                         -

Common stock

             5,386,317

            5,386,317

 -

 -

Total securities available for sale

             5,405,112

            5,405,112

                    -

                            -

Restricted assets of cemeteries and mortuaries

                585,412

               585,412

 -

 -

Cemetery perpetual care trust investments

                626,048

               626,048

 -

 -

Derivatives - interest rate lock commitments

             3,127,689

 -

 -

             3,127,689

Total assets accounted for at fair value on a recurring basis

 $          9,744,261

 $         6,616,572

 $                 -

 $          3,127,689

Liabilities accounted for at fair value on a recurring basis

Policyholder account balances

 $      (49,746,337)

 $                        -

 $                 -

 $      (49,746,337)

Future policy benefits - annuities

         (65,171,687)

 -

 -

         (65,171,687)

Derivatives - bank loan interest rate swaps

                (93,572)

 -

 -

                (93,572)

                   - call options

              (126,215)

             (126,215)

 -

                            -

                   - interest rate lock commitment

              (166,224)

 -

 -

              (166,224)

Total liabilities accounted for at fair value on a recurring basis

 $    (115,304,035)

 $          (126,215)

 $                 -

 $    (115,177,820)