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Bank and Other Loans Payable (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Summary of Bank Loans Payable

Bank and other loans payable are summarized as follows:

 

   December 31, 
   2023   2022 
    -    1,690,892 
Prime rate note payable in monthly installments of $75,108 including principal and interest, collateralized by shares of Security National Life Insurance Company stock, paid in full in
June 2023.		  $-   $1,690,892 
           
3.85% fixed note payable in monthly installments of $243,781 including principal and interest, collateralized by real property with a book value of approximately $62,977,000, due June 2032.   50,129,255    48,613,833 
           
3.30% fixed note payable in monthly installments of $179,562 including principal and interest, collateralized by real property with a book value of approximately $44,811,000, due April 2031.   38,478,359    39,298,298 
           
4.7865% fixed interest only note payable in monthly installments, collateralized by real property with a book value of approximately $16,594,000, due June 2028.   9,200,000    9,200,000 
           
1 month SOFR rate plus 2.1% loan purchase agreement with a warehouse line availability of $100,000,000, expired December 2023 due to the lender exiting the market place.   -    17,978,527 
           
1 month SOFR rate plus 2% loan purchase agreement with a warehouse line availability of $100,000,000, matures November 2024.   114,518    29,768,762 
           
1 month SOFR rate plus 2.5% loan purchase agreement with a warehouse line availability of $75,000,000, expired December 2023 due to the lender exiting the market place.   -    15,131,410 
           
1 month SOFR rate plus 2.1% loan purchase agreement with a warehouse line availability of $15,000,000, matures May 2024.   7,617,455    - 
           
Finance lease liabilities   15,550    31,082 
           
Total bank and other loans   105,555,137    161,712,804 
           
Less current installments   (9,543,052)   (65,560,608)
Bank and other loans, excluding current installments  $96,012,085   $96,152,196 
Schedule of Combined Maturities of Bank Loans Payable Lines of Credit and Notes and Contracts Payable

The following tabulation shows the combined maturities of bank and other loans payable:

 

2024  $9,543,052 
2025   1,881,631 
2026   1,952,430 
2027   2,026,547 
2028   11,296,737 
Thereafter   78,854,740 
Total  $105,555,137