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Statement of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net cash provided by (used in) operating activities $ 41,532,794 $ (3,677,377)
Securities held to maturity:    
Purchase-fixed maturity securities (6,519,416) (8,866,792)
Calls and maturities - fixed maturity securities 10,032,336 10,500,608
Securities available for sale:    
Purchase - equity securities (3,726,194) (3,457,180)
Sales - equity securities 3,349,728 1,823,404
Purchase of short-term investments (13,379,112) (31,768,007)
Sales of short-term investments 7,185,582 38,731,918
Purchases of restricted assets (438,204) (1,027,533)
Changes in assets for perpetual care trusts (1,075,801) (217,025)
Amount received for perpetual care trusts 109,434 59,472
Mortgage loans, policy loans, and other investments made (338,457,602) (272,667,236)
Payments received for mortgage loans, policy loans and other investments 330,303,396 278,315,445
Purchase of property and equipment (1,303,979) (2,286,053)
Sale of property and equipment 34,000 2,899,322
Purchase of real estate (19,448,152) (11,652,845)
Sale of real estate 5,672,484 11,194,483
Cash received from reinsurance   24,020,215
Cash paid for purchase of subsidiaries, net of cash acquired (4,328,520)  
Net cash provided by (used in) investing activities (31,990,020) 35,602,196
Cash flows from financing activities:    
Annuity contract receipts 8,401,542 7,793,428
Annuity contract withdrawals (9,957,964) (9,249,285)
Proceeds from stock options exercised 77,208 24,691
Repayment of bank loans on notes and contracts (1,169,233) (1,583,942)
Proceeds from borrowing on bank loans 2,523,670 12,130,898
Change in line of credit borrowings 1,439,650  
Net cash provided by financing activities 1,314,873 9,115,790
Net change in cash and cash equivalents 10,857,647 41,040,609
Cash and cash equivalents at beginning of period 40,053,242 30,855,320
Cash and cash equivalents at end of period 50,910,889 71,895,929
Non Cash Investing and Financing Activities    
Mortgage loans foreclosed into real estate $ 1,703,476 $ 2,659,985