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3) Investments: Schedule of Major categories of net investment income (Tables)
9 Months Ended
Sep. 30, 2016
Tables/Schedules  
Schedule of Major categories of net investment income

 

Three Months Ended Sept 30

Nine Months Ended Sept 30

2016

2015

2016

2015

Fixed maturity securities

 $     2,410,641

 $     2,014,014

 $     6,472,847

 $     6,139,698

Equity securities

            78,402

            61,238

          208,696

          175,954

Mortgage loans on real estate

        2,257,396

        1,754,852

        6,563,902

        5,396,016

Real estate

        2,736,301

        2,320,242

        8,162,574

        6,674,594

Policy loans

          205,537

          219,916

          558,778

          597,101

Insurance assignments

        2,952,170

        2,540,028

        8,915,654

        7,736,439

Other investments

                    -

                    -

            13,962

                    -

Short-term investments,  principally interest on sale of mortgage loans and other

        2,237,230

        2,237,376

        6,117,210

        6,005,357

Gross investment income

      12,877,677

      11,147,666

      37,013,623

      32,725,159

Investment expenses

      (3,145,025)

      (2,715,252)

      (9,152,960)

      (7,879,228)

Net investment income

 $     9,732,652

 $     8,432,414

 $   27,860,663

 $   24,845,931