Note 6: Bank and Other Loans Payable: Summary of Bank Loans Payable (Tables)

12 Months Ended

Dec. 31, 2015

Tables/Schedules

Summary of Bank Loans Payable

	December 31
	2015	2014
6.34% note payable in monthly installments of $13,556 including principal    and interest, collateralized by real property with a book value of    approximately $498,000, due November 2017.	$      312,240	$      466,937
2.50% note payable in monthly principal payments of $11,127 plus interest,    collateralized by real property with a book value of approximately     $5,815,000, due May 2016.	3,260,266	3,398,099
Mark to market of interest rate swaps (discussed below) adjustment	13,947	31,370
3.85% note payable in monthly installments of $79,468 including     principal and interest, collateralized by shares of Security National     Life Insurance Company stock, paid in full.	-	461,889
3.85% note payable in monthly installments of $86,059 including     principal and interest, collateralized by shares of Security National     Life Insurance Company stock, due January 2018.	2,062,512	2,994,999
4.40% note payable in monthly installments of $46,825 including    principal and interest, collateralized by real property with a book    value of approximately $11,989,000, due January 2026.	8,135,438	8,333,550
4.329% note payable in monthly installments of $9,775 including     principal and interest, collateralized by real property with a book     value of approximately $3,089,000, due September 2025.	2,020,993	-
2.75% above the 90 day LIBOR rate (3.1523% at December 31, 2015)     construction and term loan payable, collateralized by real property with a     book value of approximately $36,676,000, due October 2016.	24,933,346	13,085,189
Other collateralized bank loans payable	169,212	247,384
Other notes payable	961	961
Total bank and other loans	40,908,915	29,020,378
Less current installments	29,638,052	5,248,043
Bank and other loans, excluding current installments	$ 11,270,863	$ 23,772,335