8): Fair Value of Financial Instruments: Schedule of Changes in the consolidated balance sheet line items measured using level 3 inputs (Tables)

6 Months Ended

Jun. 30, 2014

AsOfJune302014Member

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, 2013	$         (48,000,668)	$    (65,052,928)	$         1,487,908	$         (58,310)
Total gains (losses):
Included in earnings	690,568	46,356	-	-
Included in other comprehensive income (loss)	-	-	1,238,412	12,300
Balance – June 30, 2014	$         (47,310,100)	$    (65,006,572)	$         2,726,320	$         (46,010)

AsOfDecember312012Member

Tables/Schedules

Schedule 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 gains (losses):
Included in earnings	1,745,669	118,759	-	-
Included in other
comprehensive income	-	-	(1,473,557)	35,262
Balance - December 31, 2013	$     (48,000,668)	$    (65,052,928)	$         1,487,908	$       (58,310)