XML 74 R62.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Investments (Details Narrative) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Debt Securities, Available-for-Sale [Line Items]          
Credit loss recognized $ 16,289 $ 44,505 $ 79,711 $ 224,005  
Fixed maturity securities rated investment grade, percent 98.10%   98.10%   98.20%
Bank and other loans payable $ 103,540,666   $ 103,540,666   $ 105,555,137
Impairment losses on residential real estate held for sale 0 0 0 0  
Interest not accrued on non-performing loans 274,000   274,000   $ 237,000
Net realized gains 202,800 197,580 379,363 251,510  
Net investment income 18,044,808 20,171,974 37,991,376 37,946,857  
Cemeteries and Mortuaries [Member]          
Debt Securities, Available-for-Sale [Line Items]          
Net investment income $ 470,808 1,250,861 $ 1,404,359 1,852,352  
UTAH          
Debt Securities, Available-for-Sale [Line Items]          
Loan interest rate 47.00%   47.00%   44.00%
TEXAS          
Debt Securities, Available-for-Sale [Line Items]          
Loan interest rate 10.00%   10.00%   7.00%
FLORIDA          
Debt Securities, Available-for-Sale [Line Items]          
Loan interest rate 8.00%   8.00%   11.00%
CALIFORNIA          
Debt Securities, Available-for-Sale [Line Items]          
Loan interest rate 7.00%   7.00%   10.00%
ARIZONA          
Debt Securities, Available-for-Sale [Line Items]          
Loan interest rate 7.00%   7.00%   6.00%
Minimum [Member]          
Debt Securities, Available-for-Sale [Line Items]          
Loan interest rate 2.00%   2.00%    
Loan term     9 months    
Maximum [Member]          
Debt Securities, Available-for-Sale [Line Items]          
Loan interest rate 10.50%   10.50%    
Loan term     30 years    
646 Securities [Member]          
Debt Securities, Available-for-Sale [Line Items]          
Average market value over amortized cost 94.80%   94.80%    
606 Securities [Member]          
Debt Securities, Available-for-Sale [Line Items]          
Average market value over amortized cost         94.90%
Commercial Real Estate [Member]          
Debt Securities, Available-for-Sale [Line Items]          
Collateral for bank loans $ 121,972,571   $ 121,972,571   $ 124,381,467
Bank and other loans payable 96,911,932   96,911,932   97,807,614
Depreciation expense 1,418,301 1,576,901 2,946,094 3,142,828  
Residential Real Estate [Member]          
Debt Securities, Available-for-Sale [Line Items]          
Depreciation expense 2,653 $ 2,648 5,305 $ 5,296  
Residential Real Estate [Member]          
Debt Securities, Available-for-Sale [Line Items]          
Foreclosed real estate expense $ 858,977   $ 858,977