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8) Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets: Schedule of the components of the cemetery perpetual care obligation (Tables)
12 Months Ended
Dec. 31, 2018
Tables/Schedules  
Schedule of the components of the cemetery perpetual care obligation

 

 

December 31

 

2018

 

2017

Cash and cash equivalents

 $     1,557,506

 

 $       997,498

Fixed maturity securities, held to maturity, at amortized cost

          990,390

 

          943,211

Equity securities, at estimated fair value

          483,353

 

          682,315

Participating interests in mortgage loans held for investment with Security National Life

                    -

 

              4,128

Real estate

        1,304,620

 

        1,996,411

Note receivables from Cottonwood Mortuary

 

 

 

Singing Hills Cemetery and Memorial Estates

 

 

 

eliminated in consolidation

        1,606,155

 

        1,667,621

Total cemetery perpetual care trust investments

        5,942,024

 

        6,291,184

Cemetery perpetual care obligation

      (3,821,979)

 

      (3,710,740)

Trust investments in excess of trust obligations

 $     2,120,045

 

 $     2,580,444