XML 48 R36.htm IDEA: XBRL DOCUMENT
v3.22.1

Value of Business Acquired, Intangible Assets and Goodwill (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Value of Business Acquired | Information with regard to value of business acquired was as follows: Schedule of Value of Business Acquired
|  | 2021 |  |  | 2020 |
|  | December 31 |
|  | 2021 |  |  | 2020 |
Balance at beginning of year |  | $ | 8,955,249 |  |  | $ | 9,876,647 |
Value of business acquired |  |  | 586,840 |  |  |  | - |
Imputed interest at 7% included in earnings |  |  | 613,028 |  |  |  | 670,565 |
Amortization included in earnings |  |  | (1,728,157 | ) |  |  | (1,457,390 | )
Shadow amortization included in other comprehensive income |  |  | (5,528 | ) |  |  | (134,573 | )
Net amortization |  |  | (1,120,657 | ) |  |  | (921,398 | )
Balance at end of year |  | $ | 8,421,432 |  |  | $ | 8,955,249 |
Schedule of Carrying Value of Intangible Asset | The carrying value of the Company’s intangible assets were as follows which is included in other assets: Schedule of Carrying Value of Intangible Asset
|  |  |  | December 31 |
|  | Useful Life |  | 2021 |  |  | 2020 |
Intangible asset - trade name (1) |  | 15 years |  | $ | 2,100,000 |  |  | $ | - |
Intangible asset - customer lists |  | 15 years |  |  | 890,000 |  |  |  | 890,000 |
Intangible asset - trade name (2) |  | 15 years |  |  | 610,000 |  |  |  | 610,000 |
Intangible assets - other (1) |  | 15 years |  |  | 210,000 |  |  |  | - |
Less accumulated amortization |  |  |  |  | (297,333 | ) |  |  | (197,334 | )
Balance at end of year |  |  |  | $ | 3,512,667 |  |  | $ | 1,302,666 |
(1) | See Note 20 regarding the acquisition of Rivera Funerals, Cremations and Memorial Gardens
(2) | Kilpatrick Life
Schedule of Goodwill by Segment | Information regarding goodwill by segment was as follows: Schedule of Goodwill by Segment
|  | Life Insurance |  |  | Cemetery/ Mortuary |  |  | Total |
Balance at January 1, 2020: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 2,765,570 |  |  | $ | 754,018 |  |  | $ | 3,519,588 |
Accumulated impairment |  |  | - |  |  |  | - |  |  |  | - |
Total goodwill, net |  |  | 2,765,570 |  |  |  | 754,018 |  |  |  | 3,519,588 |
Acquisition |  |  | - |  |  |  | - |  |  |  | - |
Balance at December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 2,765,570 |  |  |  | 754,018 |  |  |  | 3,519,588 |
Accumulated impairment |  |  | - |  |  |  | - |  |  |  | - |
Total goodwill, net |  |  | 2,765,570 |  |  |  | 754,018 |  |  |  | 3,519,588 |
Acquisition |  |  | - |  |  |  | 1,734,195 | (1) |  |  | 1,734,195 |
Balance at December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 2,765,570 |  |  |  | 2,488,213 |  |  |  | 5,253,783 |
Accumulated impairment |  |  | - |  |  |  | - |  |  |  | - |
Total goodwill, net |  | $ | 2,765,570 |  |  | $ | 2,488,213 |  |  | $ | 5,253,783 |
(1) | See Note 20 regarding the acquisition of Rivera Funerals, Cremations and Memorial Gardens and Holbrook Mortuary

X
- Definition Schedule of Value of Business Acquired [Table Text Block] + References No definition available. + Details
Name: | SNFCA_ScheduleOfValueOfBusinessAcquiredTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration