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Cash Surrender Value of Life Insurance (Tables)
6 Months Ended
Jun. 30, 2017
Cash Surrender Value Of Life Insurance  
Summary of Net Cash Surrender Value of Life Insurance

A summary of the net cash surrender value of life insurance as of June 30, 2017 is reported below:

 

    As of
June 30, 2017
    As of
December 31, 2016
 
    (unaudited)     (audited)  
Cash surrender value of life insurance   $ 174,735     $ 172,531  
Less: policy loan balance outstanding     (116,473 )     (116,473 )
                 
Cash surrender value of life insurance, net   $ 58,262     $ 56,058