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18) Accumulated Other Comprehensive Income: Accumulated Balances of Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2019
As of December 31, 2019  
Accumulated Balances of Other Comprehensive Income

 

 

 

Beginning Balance December 31, 2018

 

Change for the period

 

Ending Balance December 31,2019

Unrealized gains on fixed maturity securities available for sale

 

$                    -

 

$   13,679,459

 

$   13,679,459

Unrealized gains on restricted assets (1)

 

                      -

 

            26,694

 

            26,694

Unrealized gains on cemetery perpetual care trust investments (1)

 

                      -

 

            22,455

 

            22,455

Foreign currency translation adjustments

 

             (2,823)

 

                 729

 

             (2,094)

Other comprehensive income (loss)

 

$           (2,823)

 

$   13,729,337

 

$   13,726,514

                               

 

 

 

 

 

 

(1) Fixed maturity securities available for sale

 

 

 

 

 

 

As of December 2018  
Accumulated Balances of Other Comprehensive Income

 

 

 

Beginning Balance December 31, 2017

 

Change for the period

 

Ending Balance December 31,2018

Unrealized gains on equity securities, restricted assets and cemetery perpetual care trust investments

 

$        603,170

 

$       (603,170)

(1)

$                    -

Foreign currency translation adjustments

 

                      -

 

             (2,823)

 

             (2,823)

Other comprehensive income (loss)

 

$        603,170

 

$       (605,993)

 

$           (2,823)

                               

 

 

 

 

 

 

(1) Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-01)