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

9 Months Ended

Sep. 30, 2014

Tables/Schedules

Schedule of Major categories of net investment income

	Three Months Ended September 30		Nine Months Ended September 30
	2014	2013	2014	2013
Fixed maturity securities	$     2,036,407	$     2,131,804	$     6,212,852	$     6,141,648
Equity securities	73,110	53,123	163,109	157,612
Mortgage loans on real estate	2,216,711	1,151,536	5,605,882	3,189,020
Real estate	2,125,374	2,048,994	6,416,939	4,492,517
Policy and other loans	195,138	211,387	574,393	610,618
Short-term investments,  principally gains on sale of mortgage loans and other	3,831,378	2,263,234	8,512,479	6,855,865
Gross investment income	10,478,118	7,860,078	27,485,654	21,447,280
Investment expenses	(2,286,156)	(2,606,031)	(6,943,905)	(6,166,172)
Net investment income	$     8,191,962	$     5,254,047	$   20,541,749	$   15,281,108