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16) Fair Value of Financial Instruments: Schedule of Changes in the consolidated balance sheet line items measured using level 3 inputs (Tables)
12 Months Ended
Dec. 31, 2012
AsOfDecember312012Member
 
Tables/Schedules  
Schedule of Changes in the consolidated balance sheet line items measured using level 3 inputs

Following is a summary of changes in the consolidated balance sheet line items measured using level 3 inputs:

 

Policyholder Account Balances

Future Policy Benefits - Annuities

Interest Rate Lock Commitments

Bank Loan Interest Rate Swaps

Balance - December 31, 2011

$(50,926,020)

$(65,281,586)

$1,694,541

$(117,812)

Total Losses (Gains):

Included in earnings

1,179,683

109,899

-

-

Included in other

comprehensive income (loss)

-

-

1,266,924

24,240

Balance - December 31, 2012

$(49,746,337)

$(65,171,687)

$2,961,465

$(93,572)

as of December 31, 2011
 
Tables/Schedules  
Schedule of Changes in the consolidated balance sheet line items measured using level 3 inputs

 

Following is a summary of changes in the consolidated balance sheet line items measured using level 3 inputs:

 

Policyholder Account Balances

Future Policy Benefits - Annuities

Interest Rate Lock Commitments

Bank Loan Interest Rate Swaps

Balance - December 31, 2010

$(52,340,807)

$(65,936,445)

$873,059

$(116,533)

Total Losses (Gains):

Included in earnings

1,414,787

654,859

-

-

Included in other comprehensive income (loss)

-

-

821,482

(1,279)

Balance - December 31, 2011

$(50,926,020)

$(65,281,586)

$1,694,541

$(117,812)