3) Investments: Schedule of Major categories of net investment income (Tables)

3 Months Ended

Sep. 30, 2012

Tables/Schedules

Schedule of Major categories of net investment income

	Three Months Ended September 30,		Nine Months Ended September 30,
	2012	2011	2012	2011
Fixed maturity securities	$     1,949,666	$     2,033,778	$     5,803,282	$     5,773,035
Equity securities	65,839	70,589	197,563	197,480
Mortgage loans on real estate	1,566,734	1,839,705	5,700,159	4,881,213
Real estate	1,058,147	787,465	3,018,346	1,496,912
Policy and other loans	192,198	195,843	610,472	619,972
Short-term investments,  principally gains on sale of mortgage loans and other	2,172,955	1,509,731	6,216,686	4,423,576
Gross investment income	7,005,539	6,437,111	21,546,508	17,392,188
Investment expenses	(1,272,967)	(1,329,521)	(3,621,990)	(3,296,792)
Net investment income	$     5,732,572	$     5,107,590	$   17,924,518	$   14,095,396