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Income Statement - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Insurance premiums and other considerations $ 56,409,863 $ 53,008,679 $ 50,471,658
Net investment income 34,007,904 28,303,740 20,354,002
Net mortuary and cemetery sales 11,502,045 11,426,308 12,000,375
Realized gains on investments and other assets 2,401,359 1,918,176 1,418,051
Other than temporary impairments (605,430) (164,240) (336,226)
Mortgage fee income 174,323,452 128,696,998 128,800,930
Other income 5,121,807 3,747,013 2,606,230
Total revenues 283,161,000 226,936,674 215,315,020
Benefits and expenses:      
Death benefits 31,158,281 27,100,278 26,048,325
Surrenders and other policy benefits 2,391,612 2,689,686 2,486,611
Increase in future policy benefits 17,212,001 18,060,151 19,594,890
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 5,641,293 6,892,978 5,181,837
Selling, general and administrative expenses:      
Commissions 81,935,623 59,876,675 65,979,564
Personnel 60,860,275 49,360,406 42,795,925
Advertising 5,730,197 4,584,436 4,837,714
Rent and rent related 7,850,776 6,135,876 5,457,988
Depreciation on property and equipment 2,183,496 2,177,165 1,621,069
Provision for loan losses and loss reserve 6,295,043 3,053,403 1,751,472
Costs related to funding mortgage loans 8,864,404 6,877,069 6,635,290
Other expenses 26,954,378 22,800,066 18,328,005
Interest expense 4,458,612 2,994,429 2,853,701
Cost of goods and services sold - mortuaries and cemeteries 1,803,444 1,853,103 1,918,902
Total benefits and expenses 263,339,435 214,455,721 205,491,293
Earnings before income taxes 19,821,565 12,480,953 9,823,727
Income tax expense (7,198,685) (4,726,305) (2,237,806)
Net earnings $ 12,622,880 $ 7,754,648 $ 7,585,921
Net earnings per Class A equivalent common share (1) $ 0.92 $ 0.59 $ 0.58
Net earnings per Class A equivalent common share - assuming dilution(1) $ 0.89 $ 0.57 $ 0.55
Weighted average Class A equivalent common shares outstanding (1) 13,722,201 13,176,187 13,023,473
Weighted average Class A equivalent common shares outstanding-assuming dilution (1) 14,210,352 13,605,916 13,669,797