XML 71 R59.htm IDEA: XBRL DOCUMENT v3.10.0.1
3) Investments: Held-to-maturity Securities (Details) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2018
Dec. 31, 2017
AmortizedCost $ 218,409,812 $ 228,397,623
Held-to-maturity Securities, Unrecognized Holding Gain 8,650,068 14,921,048
Held-to-maturity Securities, Unrecognized Holding Loss (3,536,222) (1,820,262)
Represents the monetary amount of HeldToMaturitySecuritiesEstimatedFairValue, as of the indicated date. 223,523,658 241,498,409
Available-for-sale Securities, Amortized Cost Basis 590,898,600 629,484,618
Mortgage loans on real estate and construction 193,068,837 204,210,885
Mortgage loans on real estate and construction, unamortized deferred loan fees, net (1,471,151) (1,659,828)
Mortgage loans on real estate and construction, allowance for losses (1,563,664) (1,768,796)
Real estate held for investment, net of depreciation 124,578,839 141,298,706
Policy loans 6,310,614 6,531,352
Insurance assignments 32,705,857 36,301,739
Federal Home Loan Bank stock 2,508,700 689,400
Other investments 4,280,651 3,219,622
Allowance for doubtful accounts (1,011,924) (846,641)
Total policy loans and other investments 44,793,898 45,895,472
Accrued investment income 3,968,447 3,644,077
Residential Mortgage    
Mortgage loans on real estate and construction 87,960,136 102,527,111
Real estate held for investment, net of depreciation 31,111,447 68,329,917
Residential Construction    
Mortgage loans on real estate and construction 63,461,371 50,157,533
Commercial Loan    
Mortgage loans on real estate and construction 44,682,145 54,954,865
Real estate held for investment, net of depreciation 93,467,392 72,968,789
US Treasury and Government    
AmortizedCost 44,290,515 54,077,069
Held-to-maturity Securities, Unrecognized Holding Gain 161,391 211,824
Held-to-maturity Securities, Unrecognized Holding Loss (1,053,070) (579,423)
Represents the monetary amount of HeldToMaturitySecuritiesEstimatedFairValue, as of the indicated date. 43,398,836 53,709,470
US States and Political Subdivisions Debt Securities    
AmortizedCost 6,715,254 5,843,176
Held-to-maturity Securities, Unrecognized Holding Gain 56,035 112,372
Held-to-maturity Securities, Unrecognized Holding Loss (154,442) (71,013)
Represents the monetary amount of HeldToMaturitySecuritiesEstimatedFairValue, as of the indicated date. 6,616,847 5,884,535
Corporate Debt Securities    
AmortizedCost 154,368,566 158,350,727
Held-to-maturity Securities, Unrecognized Holding Gain 8,196,301 14,336,452
Held-to-maturity Securities, Unrecognized Holding Loss (2,033,410) (1,007,504)
Represents the monetary amount of HeldToMaturitySecuritiesEstimatedFairValue, as of the indicated date. 160,531,457 171,679,675
Collateralized Mortgage Backed Securities    
AmortizedCost 12,411,842 9,503,016
Held-to-maturity Securities, Unrecognized Holding Gain 199,574 210,652
Held-to-maturity Securities, Unrecognized Holding Loss (295,001) (162,131)
Represents the monetary amount of HeldToMaturitySecuritiesEstimatedFairValue, as of the indicated date. 12,316,415 9,551,537
Redeemable Preferred Stock    
AmortizedCost 623,635 623,635
Held-to-maturity Securities, Unrecognized Holding Gain 36,767 49,748
Held-to-maturity Securities, Unrecognized Holding Loss (299) (191)
Represents the monetary amount of HeldToMaturitySecuritiesEstimatedFairValue, as of the indicated date. 660,103 673,192
Industrial, miscellaneous and all other equity securities    
Available-for-sale Securities, Amortized Cost Basis 6,267,290 6,002,931
Available-for-sale Securities, Gross Unrealized Gain 557,705 667,593
AvailableForSaleSecuritiesGrossUnrealizedLosses (746,228) (632,669)
Represents the monetary amount of AvailableForSaleSecuritiesEstimatedFairValue, as of the indicated date. 6,078,767 6,037,855
Equity Securities    
Available-for-sale Securities, Amortized Cost Basis 6,267,290 6,002,931
Available-for-sale Securities, Gross Unrealized Gain 557,705 667,593
AvailableForSaleSecuritiesGrossUnrealizedLosses (746,228) (632,669)
Represents the monetary amount of AvailableForSaleSecuritiesEstimatedFairValue, as of the indicated date. $ 6,078,767 $ 6,037,855