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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, 2013
AsOfDecember312012Member
 
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, 2012

 

 $      (49,746,337)

 

 $         (65,171,687)

 

 $           2,961,465

 

 $              (93,572)

 

 

 

 

 

 

 

 

 

Total Losses (Gains):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Included in earnings

 

             1,745,669

 

                  118,759

 

                             -

 

                            -

 

 

 

 

 

 

 

 

 

Included in other

 

 

 

 

 

 

 

 

 comprehensive income (loss)

 

                           -

 

                              -

 

             (1,473,557)

 

                  35,262

 

 

 

 

 

 

 

 

 

 Balance - December 31, 2013

 

 $      (48,000,668)

 

 $         (65,052,928)

 

 $           1,487,908

 

 $              (58,310)

 

as of December 31, 2011
 
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)