18) Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2017

Notes

18) Accumulated Other Comprehensive Income

18)       Accumulated Other Comprehensive Income

The following summarizes the changes in accumulated other comprehensive income:

	December 31
	2017	2016
Unrealized gains on equity securities available for sale, restricted assets and cemetery perpetual care trust investments	$         421,499	$         996,343
Reclassification adjustment for net realized gains in net income	90,475	160,575
Net unrealized gains before taxes	511,974	1,156,918
Tax expense	(175,644)	(399,228)
Net	336,330	757,690
Unrealized gains for bank loan interest rate swaps before taxes	3,308	10,639
Tax expense	(1,290)	(4,149)
Net	2,018	6,490
Other comprehensive income changes	$         338,348	$         764,180

The following is the accumulated balances of other comprehensive income as of December 31, 2017:

	Beginning Balance December 31, 2016	Change for the period	Ending Balance December 31, 2017
Unrealized gains on equity securities available for sale, restricted assets and cemetery perpetual care trust investments	$        266,840	$    336,330	$        603,170
Unrealized gains for bank loan interest rate swaps	(2,018)	2,018	-
Other comprehensive income	$        264,822	$    338,348	$        603,170

The following is the accumulated balances of other comprehensive income as of December 31, 2016:

	Beginning Balance December 31, 2015	Change for the period	Ending Balance December 31, 2016
Unrealized gains (losses) on equity securities available for sale, restricted assets and cemetery perpetual care trust investments	$      (490,850)	$   757,690	$        266,840
Unrealized gains (losses) for bank loan interest rate swaps	(8,508)	6,490	(2,018)
Other comprehensive income (loss)	$     (499,358)	$   764,180	$        264,822

See Note 1 regarding the adoption of ASU 2016-01.