XML 115 R97.htm IDEA: XBRL DOCUMENT
v3.8.0.1

15) Business Segment Information: Schedule of Segment Reporting Information, by Segment (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Tables/Schedules |
Schedule of Segment Reporting Information, by Segment |
| 2017
| Life |  | Cemetery/ |  |  | Intercompany |
| Insurance |  | Mortuary |  | Mortgage |  | Eliminations |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |
From external sources: |  |  |  |  |  |  |  |  |
Revenue from customers | $ 70,412,476 |  | $ 12,657,117 |  | $ 153,797,171 |  | $ - |  | $ 236,866,764
Net investment income | 34,068,565 |  | 445,663 |  | 548,740 |  | - |  | 35,062,968
Realized gains (losses) on |  |  |  |  |  |  |  |  |
investments and other assets | (3,871,309) |  | 186,335 |  | 736,492 |  | - |  | (2,948,482)
Other than temporary impairments | (774,339) |  | - |  | - |  | - |  | (774,339)
Other revenues | 856,094 |  | 97,602 |  | 7,765,483 |  | - |  | 8,719,179
Intersegment revenues: |  |  |  |  |  |  |  |  |
Net investment income | 5,987,731 |  | 422,623 |  | 392,083 |  | (6,802,437) |  | -
Total revenues | 106,679,218 |  | 13,809,340 |  | 163,239,969 |  | (6,802,437) |  | 276,926,090
Expenses: |  |  |  |  |  |  |  |  |
Death and other policy benefits | 36,095,018 |  | - |  | - |  | - |  | 36,095,018
Increase in future policy benefits | 23,622,750 |  | - |  | - |  | - |  | 23,622,750
Amortization of deferred policy and preneed acquisition costs and |  |  |  |  |  |  |  |  |
value of business acquired | 8,157,456 |  | 322,794 |  | - |  | - |  | 8,480,250
Depreciation | 484,349 |  | 401,564 |  | 1,334,780 |  | - |  | 2,220,693
General, administrative and |  |  |  |  |  |  |  |  |
other costs: |  |  |  |  |  |  |  |  |
Intersegment | 315,588 |  | 184,853 |  | 505,707 |  | (1,006,148) |  | -
Provision for loan losses | - |  | - |  | - |  | - |  | -
Costs related to funding mortgage |  |  |  |  |  |  |  |  |
loans | - |  | - |  | 8,663,223 |  | - |  | 8,663,223
Other | 30,632,307 |  | 10,689,813 |  | 142,952,592 |  | - |  | 184,274,712
Interest expense: |  |  |  |  |  |  |  |  |
Intersegment | 445,520 |  | 181,793 |  | 5,168,976 |  | (5,796,289) |  | -
Other | 2,218,956 |  | 330,211 |  | 3,488,165 |  | - |  | 6,037,332
Total benefits and expenses | 101,971,944 |  | 12,111,028 |  | 162,113,443 |  | (6,802,437) |  | 269,393,978
Earnings before income taxes | $ 4,707,274 |  | $ 1,698,312 |  | $ 1,126,526 |  | $ - |  | $ 7,532,112
Income tax benefit (expense) | 6,400,669 |  | (606,293) |  | 786,446 |  | - |  | 6,580,822
Net earnings | $ 11,107,943 |  | $ 1,698,312 |  | $ 1,912,972 |  | $ - |  | $ 14,112,934
Identifiable assets | $ 858,068,899 |  | $ 95,097,729 |  | $ 161,051,531 |  | $ (134,810,675) |  | $ 979,407,484
Goodwill | $ 2,765,570 |  | $ - |  | $ - |  | $ - |  | $ 2,765,570
| 2016
| Life |  | Cemetery/ |  |  | Intercompany |
| Insurance |  | Mortuary |  | Mortgage |  | Eliminations |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |
From external sources: |  |  |  |  |  |  |  |  |
Revenue from customers | $ 64,501,017 |  | $ 12,267,640 |  | $ 189,146,639 |  | $ - |  | $ 265,915,296
Net investment income | 31,019,594 |  | 312,494 |  | 646,513 |  | - |  | 31,978,601
Realized gains (losses) on |  |  |  |  |  |  |  |  |
investments and other assets | (277,040) |  | 211,429 |  | (110,776) |  | - |  | (176,387)
Other than temporary impairments | (270,358) |  | - |  | - |  | - |  | (270,358)
Other revenues | 632,260 |  | 88,676 |  | 6,166,813 |  | - |  | 6,887,749
Intersegment revenues: |  |  |  |  |  |  |  |  |
Net investment income | 7,119,692 |  | 691,876 |  | 327,778 |  | (8,139,346) |  | -
Total revenues | 102,725,165 |  | 13,572,115 |  | 196,176,967 |  | (8,139,346) |  | 304,334,901
Expenses: |  |  |  |  |  |  |  |  |
Death and other policy benefits | 33,387,380 |  | - |  | - |  | - |  | 33,387,380
Increase in future policy benefits | 21,322,195 |  | - |  | - |  | - |  | 21,322,195
Amortization of deferred policy and preneed acquisition costs and |  |  |  |  |  |  |  |  |
value of business acquired | 7,647,097 |  | 356,078 |  | - |  | - |  | 8,003,175
Depreciation | 596,827 |  | 390,362 |  | 1,195,535 |  | - |  | 2,182,724
General, administrative and |  |  |  |  |  |  |  |  |
other costs: |  |  |  |  |  |  |  |  |
Intersegment | 261,119 |  | 148,025 |  | 219,974 |  | (629,118) |  | -
Provision for loan losses | - |  | - |  | 1,700,000 |  | - |  | 1,700,000
Costs related to funding mortgage |  |  |  |  |  |  |  |  |
loans | - |  | - |  | 9,191,488 |  | - |  | 9,191,488
Other | 29,478,156 |  | 10,524,535 |  | 163,730,148 |  | 1 |  | 203,732,840
Interest expense: |  |  |  |  |  |  |  |  |
Intersegment | 519,959 |  | 651,046 |  | 6,339,224 |  | (7,510,229) |  | -
Other | 1,654,264 |  | 282,878 |  | 3,174,726 |  | - |  | 5,111,868
Total benefits and expenses | 94,866,997 |  | 12,352,924 |  | 185,551,095 |  | (8,139,346) |  | 284,631,670
Earnings before income taxes | $ 7,858,168 |  | $ 1,219,191 |  | $ 10,625,872 |  | $ - |  | $ 19,703,231
Income tax expense | (3,451,292) |  | - |  | (4,063,312) |  | - |  | (7,514,604)
Net earnings | $ 4,406,876 |  | $ 1,219,191 |  | $ 6,562,560 |  | $ - |  | $ 12,188,627
Identifiable assets | $ 818,140,804 |  | $ 99,611,263 |  | $ 172,778,387 |  | $ (140,874,459) |  | $ 949,655,995
Goodwill | $ 2,765,570 |  | $ - |  | $ - |  | $ - |  | $ 2,765,570
Expenditures for long-lived assets | $ 532,958 |  | $ 723,445 |  | $ 2,310,108 |  | $ - |  | $ 3,566,511

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlockSupplementAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration