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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Investments:    
Available-for-sale Securities $ 355,977,820 $ 0
Fixed maturity securities, held to maturity, at amortized cost 0 232,078,723
Equity securities at estimated fair value 7,271,165 5,558,611
Mortgage loans held for investment (net of allowances for loan losses of $1,453,037 and $1,347,972 for 2019 and 2018) 236,694,546 186,465,069
Real estate held for investment (net of accumulated depreciation of $12,788,739 and $16,739,578 for 2019 and 2018) 102,756,946 121,558,222
Real estate held for sale 14,097,627 0
Other investments and policy loans (net of allowances for doubtful accounts of $1,448,026 and $1,092,528 for 2019 and 2018) 60,245,269 46,617,655
Accrued investment income 4,833,232 3,566,146
Total investments 781,876,605 595,844,426
Cash and cash equivalents 127,754,719 142,199,942
Loans held for sale at estimated fair value 213,457,632 136,210,853
Receivables (net of allowances for doubtful accounts of $1,724,156 and $1,519,842 for 2019 and 2018) 9,236,330 8,935,343
Restricted assets (including $2,985,347 and $744,673 for 2019 and 2018 at estimated fair value) 13,935,317 10,981,562
Cemetery perpetual care trust investments (including $2,581,124 and $483,353 for 2019 and 2018 at estimated fair value) 4,411,864 4,335,869
Receivable from reinsurers 15,747,768 10,820,102
Cemetery land and improvements 9,519,950 9,878,427
Deferred plicy and pre-need contract acquisition costs 94,701,920 89,362,096
Mortgage servicing rights, net 17,155,529 20,016,822
Property and equipment, net 14,600,394 7,010,778
Value of business acquired 9,876,647 5,765,190
Goodwill 3,519,588 2,765,570
Other 18,649,812 6,684,143
Total Assets 1,334,444,075 1,050,811,123
Liabilities    
Future policy benefits and unpaid claims 825,600,918 620,399,714
Unearned premium reserve 3,621,697 3,920,473
Bank and other loans payable 217,572,612 187,521,188
Deferred pre-need cemetery and mortuary contract revenues 12,607,978 12,508,625
Cemetery Perpetual Care Trust Obligation 3,933,719 3,821,979
Accounts payable 5,056,983 2,883,349
Other liabilities and accrued expenses 50,652,591 31,821,624
Income Taxes 18,686,972 16,122,998
Total liabilities 1,137,733,470 878,999,950
Stockholders' Equity    
Preferred stock - non-voting-$1.00 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 46,091,112 41,821,778
Accumulated other comprehensive income, net of taxes 13,726,514 (2,823)
Retained earnings 101,256,229 95,201,732
Treasury stock, at cost - 490,823 Class A shares and -0- Class C shares in 2019; 302,541 Class A shares and -0- Class C shares in 2018 (1,580,582) (206,396)
Total stockholders' equity 196,710,605 171,811,173
Total Liabilities and Stockholders' Equity 1,334,444,075 1,050,811,123
Common Class A    
Stockholders' Equity    
Common Stock, Value, Issued 32,215,558 30,609,596
Common Class B    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Common Class C    
Stockholders' Equity    
Common Stock, Value, Issued $ 5,001,774 $ 4,387,286