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Note 2: Investments: Available-for-sale Securities (Tables)
12 Months Ended
Dec. 31, 2014
AsOfDecember312014Member  
Available-for-sale Securities

 

Amortized Cost

Gross Unrealized Gains

Gross Unrealized Losses

Estimated Fair Value

December 31, 2014:

 

 

 

 

Equity securities available for sale at estimated fair value:

Common stock:

Industrial, miscellaneous and all other

 $      7,179,010

 $ 393,873

 $  (820,133)

 $ 6,752,750

 Total securities available for sale carried at estimated fair value

 $      7,179,010

 $  393,873

 $  (820,133)

 $ 6,752,750

Mortgage loans on real estate and construction loans held for investment at amortized cost:

Residential

$   53,592,433

Residential construction

           33,071,938

 Commercial

           35,388,756

Less: Allowance for loan losses

           (2,003,055)

Total mortgage loans on real estate and construction loans held for investment

$ 120,050,072

Real estate held for investment - net of depreciation

$ 111,411,351

Policy and other loans at amortized cost:

 Policy loans

$    7,011,012

 Other loans

           27,807,829

 Less: Allowance for doubtful accounts

              (693,413)

Total policy and other loans at amortized cost

$  34,125,428

Short-term investments at amortized cost

$  27,059,495

As Of December 31 2013  
Available-for-sale Securities

Amortized Cost

Gross Unrealized Gains

Gross Unrealized Losses

Estimated Fair Value

December 31, 2013:

 

 

 

 

Equity securities available for sale at estimated fair value:

Common stock:

Industrial, miscellaneous and all other

 $      4,783,936

 $  240,206

 $   (525,386)

 $ 4,498,756

Total securities available for sale carried at estimated fair value

 $     4,783,936

 $  240,206

 $    (525,386)

 $ 4,498,756

Mortgage loans on real estate and construction loans held for investment at amortized cost:

Residential

$    49,868,486

Residential construction

          12,912,473

Commercial

          41,653,009

Less: Allowance for loan losses

          (1,652,090)

Total mortgage loans on real estate and construction loans held for investment

$  102,781,878

Real estate held for investment - net of depreciation

$    99,760,475

Policy and other loans at amortized cost:

Policy loans

$      7,520,376

Other loans

          12,472,805

Less: Allowance for doubtful accounts

             (269,175)

Total policy and other loans at amortized cost

$    19,724,006

Short-term investments at amortized cost

$    12,135,719