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7): Fair Value of Financial Instruments: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)
 9 Months Ended
Sep. 30, 2015
AsOfSeptember302015Member  
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

 $           7,208,726

 $                7,208,726

 $                 -

 $                          -

Total securities available for sale

 $           7,208,726

 $                7,208,726

 $                 -

 $                          -

Restricted assets of cemeteries and mortuaries

 $              670,390

 $                   670,390

 $                 -

 $                          -

Cemetery perpetual care trust investments

                 609,303

                      609,303

                    -

                             -

Derivatives - interest rate lock commitments

              4,756,170

                                  -

                    -

              4,756,170

Total assets accounted for at fair value on a recurring basis

 $         13,244,589

 $                8,488,419

 $                 -

 $           4,756,170

Liabilities accounted for at fair value on a  recurring basis

Policyholder account balances

 $       (50,915,543)

 $                               -

 $                 -

 $        (50,915,543)

Future policy benefits - annuities

          (63,289,669)

                                  -

                    -

           (63,289,669)

   Derivatives  - call options

                   (6,715)

                         (6,715)

                    -

                             -

   - put options

               (103,684)

                     (103,684)

                    -

                             -

   - interest rate lock commitments

               (518,227)

                                  -

                    -

                (518,227)

Total liabilities accounted for at fair value on a recurring basis

 $     (114,833,838)

 $                  (110,399)

 $                 -

 $      (114,723,439)
AsOfDecember312014Member  
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

 $          6,752,750

 $         6,752,750

 $                 -

 $                         -

Total securities available for sale

 $          6,752,750

 $         6,752,750

 $                 -

 $                         -

 

Restricted assets of cemeteries and mortuaries

 $             715,202

 $            715,202

 $                 -

 $                         -

Cemetery perpetual care trust investments

                695,235

               695,235

 -

 -

Derivatives - interest rate lock commitments

             2,111,529

 -

 -

             2,111,529

Total assets accounted for at fair value on a recurring basis

 $        10,274,716

 $         8,163,187

 $                 -

 $          2,111,529

Liabilities accounted for at fair value on a recurring basis

Policyholder account balances

 $      (45,310,699)

 $                        -

 $                 -

 $      (45,310,699)

Future policy benefits - annuities

         (65,540,985)

 -

 -

         (65,540,985)

Derivatives - bank loan interest rate swaps

                (31,370)

 -

 -

                (31,370)

                   - call options

              (116,036)

             (116,036)

 -

                            -

                   - put options

                (11,867)

               (11,867)

 -

                            -

                   - interest rate lock commitment

              (181,678)

 -

 -

              (181,678)

Total liabilities accounted for at fair value on a recurring basis

 $    (111,192,635)

 $          (127,903)

 $                 -

 $    (111,064,732)