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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net cash provided by (used in) operating activities $ 25,077,244 $ (16,073,799)
Cash flows from investing activities:    
Purchases of fixed maturity securities (6,670,277) (11,911,847)
Sales, calls and maturities of fixed maturity securities 11,440,209 5,375,819
Purchases of equity securities (2,038,459) (4,596,981)
Sales of equity securities 1,412,118 4,150,683
Purchases of restricted assets (643,531) (311,776)
Sales, calls and maturities of restricted assets 178,350 24,746
Purchases of cemetery perpetual care trust investments (46,725) (113,238)
Sales, calls and maturities of perpetual care trust investments 54,601 27,199
Mortgage loans held for investment, other investments and policy loans made (166,160,908) (165,651,041)
Payments received for mortgage loans held for investment, other investments and policy loans 175,017,132 184,156,157
Purchases of property and equipment (256,155) (250,642)
Sales of property and equipment 71,469 10,974
Purchases of real estate (17,740,755) (2,705,716)
Sales of real estate 7,082,265 9,160,065
Net cash provided by investing activities 1,699,334 17,364,402
Cash flows from financing activities:    
Investment contract receipts 3,237,207 3,100,207
Investment contract withdrawals (4,105,463) (3,831,218)
Proceeds from stock options exercised 34,019
Purchases of treasury stock (41,077) (1,204,357)
Repayment of bank loans (470,652) (15,684,446)
Proceeds from bank loans 46,000,000
Net change in warehouse line borrowings for loans held for sale (769,236) (53,656,378)
Net cash used in financing activities (2,149,221) (25,242,173)
Net change in cash, cash equivalents, restricted cash and restricted cash equivalents 24,627,357 (23,951,570)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 139,923,399 133,483,817
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 164,550,756 109,532,247
Cash paid during the year for:    
Interest 1,022,460 1,635,867
Income taxes (net of refunds) (6,878)
Non Cash Operating, Investing and Financing Activities:    
Transfer of loans held for sale to mortgage loans held for investment 1,867,552
Loans held for sale foreclosed into real estate held for sale 858,977
Right-of-use assets obtained in exchange for operating lease liabilities 479,462 139,095
Benefit plans funded with treasury stock 470,521 577,158
Transfer from mortgage loans held for investment to restricted assets 1,625,961
Transfer from mortgage loans held for investment to cemetery perpetual care trust investments 1,611,550
Cash and cash equivalents 150,930,786 99,554,776
Restricted assets 10,598,384 9,228,113
Cemetery perpetual care trust investments $ 3,021,586 $ 749,358