7) Business Segments Information (Tables)

9 Months Ended

Sep. 30, 2020

Table Text Block Supplement [Abstract]

Schedule of Revenues and Expenses by Reportable Segment

The Company regularly reviews the quantitative thresholds and other criteria to determine when other business segments may need to be reported.

	Life Insurance	Cemetery/ Mortuary	Mortgage	Intercompany Eliminations	Consolidated
For the Three Months Ended
September 30, 2020
Revenues from external customers	$   39,261,044	$   5,495,990	$ 101,447,531	$                -	$   146,204,565
Intersegment revenues	2,952,836	79,096	168,890	(3,200,822)	-
Segment profit before income taxes	4,807,280	1,322,303	32,454,348	-	38,583,931
		-
For the Three Months Ended
September 30, 2019
Revenues from external customers	$   29,824,686	$   3,570,419	$   41,984,554	$                -	$     75,379,659
Intersegment revenues	1,465,778	106,638	120,891	(1,693,307)	-
Segment profit before income taxes	1,263,836	213,198	3,282,788	-	4,759,822
For the Nine Months Ended
September 30, 2020
Revenues from external customers	$  110,255,399	$ 14,815,991	$ 219,403,866	$                -	$   344,475,256
Intersegment revenues	5,677,189	272,409	559,923	(6,509,521)	-
Segment profit before income taxes	5,408,482	2,975,556	58,867,883	-	67,251,921
Identifiable Assets	1,232,786,760	55,339,760	443,756,079	(88,204,200)	1,643,678,399
Goodwill	2,765,570	754,018	-	-	3,519,588
Total Assets	1,235,552,330	56,093,778	443,756,079	(88,204,200)	1,647,197,987
For the Nine Months Ended
September 30, 2019
Revenues from external customers	$   88,937,110	$ 12,472,711	$ 103,908,855	$                -	$   205,318,676
Intersegment revenues	3,441,497	336,911	372,170	(4,150,578)	-
Segment profit before income taxes	4,568,178	2,421,845	4,825,801	-	11,815,824
Identifiable Assets	941,739,161	84,250,592	243,272,631	(110,132,588)	1,159,129,796
Goodwill	2,765,570	754,018	-	-	3,519,588
Total Assets	944,504,731	85,004,610	243,272,631	(110,132,588)	1,162,649,384