3) Investments: Schedule of Major categories of net investment income (Tables)

6 Months Ended

Jun. 30, 2018

Tables/Schedules

Schedule of Major categories of net investment income

	Three Months Ended June 30		Six Months Ended June 30
	2018	2017	2018	2017
Fixed maturity securities held to maturity	$     2,510,842	$     2,508,454	$     5,040,682	$     4,933,259
Equity securities	53,620	59,066	111,912	113,852
Mortgage loans held for investment	4,872,441	2,410,234	9,776,361	5,810,030
Real estate held for investment	1,623,044	2,834,022	4,299,858	5,722,084
Policy loans	108,630	153,552	211,496	270,397
Insurance assignments	3,511,749	3,100,721	7,372,687	6,382,333
Other investments	75,871	12,448	129,544	19,990
Cash and cash equivalents	239,661	155,073	377,029	256,943
Gross investment income	12,995,858	11,233,570	27,319,569	23,508,888
Investment expenses	(3,253,893)	(2,911,263)	(7,503,173)	(6,170,205)
Net investment income	$     9,741,965	$     8,322,307	$   19,816,396	$   17,338,683