XML 16 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Balance Sheet - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Investments:    
Fixed maturity securities, held to maturity, at amortized cost $ 185,679,930 $ 145,558,425
Equity securities, available for sale, at estimated fair value 10,145,395 8,431,090
Mortgage loans on real estate and construction loans, held for investment net of allowances for loan losses of $2,231,362 and $1,848,120 for 2016 and 2015 129,873,757 112,546,905
Real estate held for investment, net of accumulated depreciation of $14,996,212 and $12,210,346 for 2016 and 2015 131,881,535 114,852,432
Policy loans and other investments, net of allowances for doubtful accounts of $1,106,374 and $906,616 for 2016 and 2015 39,981,571 39,582,421
Short-term investments 28,467,741 16,915,808
Accrued investment income 2,951,413 2,553,819
Total investments 528,981,342 440,440,900
Cash and cash equivalents 50,910,889 40,053,242
Mortgage loans sold to investors 92,599,755 115,286,455
Receivables, net 18,899,987 16,026,100
Restricted assets 9,823,488 9,359,802
Cemetery perpetual care trust investments 3,981,509 2,848,759
Receivable from reinsurers 13,095,111 13,400,527
Cemetery land and improvements 10,695,922 10,780,996
Deferred policy and pre-need contract acquisition costs 66,145,680 59,004,909
Mortgage servicing rights, net 17,432,325 12,679,755
Property and equipment, net 7,191,351 11,441,660
Value of business acquired 7,849,599 8,743,773
Goodwill 2,765,570 2,765,570
Other assets 7,205,606 7,100,869
Total Assets 837,578,134 749,933,317
Liabilities    
Future life, annuity, and other benefits 581,159,320 517,177,388
Unearned premium reserve 4,535,837 4,737,305
Bank and other loans payable 43,697,461 40,908,915
Deferred pre-need cemetery and mortuary contract revenues 12,319,587 12,816,227
Cemetery perpetual care obligation 3,575,205 3,465,771
Accounts payable 4,212,321 3,502,046
Other liabilities and accrued expenses 34,703,368 31,027,381
Income taxes 27,789,751 25,052,059
Total liabilities 711,992,850 638,687,092
Stockholders' Equity    
Additional paid-in capital 30,969,582 30,232,582
Accumulated other comprehensive income, net of taxes 2,025,048 1,533,828
Retained earnings 64,420,459 52,021,764
Treasury stock at cost - 728,955 Class A shares in 2016 and 930,546 Class A shares in 2015 (1,545,161) (2,179,429)
Total stockholders' equity 125,585,284 111,246,225
Total Liabilities and Stockholders' Equity 837,578,134 749,933,317
Class A Common Stock    
Stockholders' Equity    
Common stock 26,300,324 26,218,200
Class B Common Stock    
Stockholders' Equity    
Common stock
Class C Common Stock    
Stockholders' Equity    
Common stock 3,415,032 3,419,280
Preferred Stock    
Stockholders' Equity    
Preferred stock