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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues:    
Mortgage fee income $ 298,933,110 $ 131,976,082
Insurance premiums and other considerations 93,020,617 81,860,610
Net investment income 56,329,803 43,019,473
Net mortuary and cemetery sales 20,307,435 15,296,235
Gains on investments and other assets 1,925,850 728,367
Other than temporary impairments on investments (370,975) 0
Other 11,317,482 10,180,163
Total revenues 481,463,322 283,060,930
Benefits and expenses:    
Death benefits 59,040,130 41,591,057
Surrenders and other policy benefits 3,801,230 3,320,748
Increase in future policy benefits 23,568,650 23,568,497
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 14,307,425 14,634,577
Selling, general and administrative expenses:    
Commissions 124,426,297 56,762,891
Personnel 84,989,971 64,221,270
Advertising 5,380,896 4,784,558
Rent and rent related 6,873,561 7,055,456
Depreciation on property and equipment 2,078,738 1,711,369
Provision for loan loss reserve 16,506,030 0
Costs related to funding mortgage loans 9,877,700 6,278,954
Other 47,331,102 34,922,761
Interest expense 8,578,810 7,386,688
Cost of goods and services sold - cemeteries and mortuaries 3,252,655 2,878,169
Total benefits and expenses 410,013,195 269,116,995
Earnings before income taxes 71,450,127 13,943,935
Income tax expense (15,853,514) (3,050,416)
Net earnings $ 55,596,613 $ 10,893,519
Net earnings per Class A Equivalent common share $ 2.95 $ 0.59
Net earnings per Class A Equivalent common share-assuming dilution $ 2.88 $ 0.58
Weighted-average Class A equivalent common share outstanding 18,831,991 18,562,056
Weighted-average Class A equivalent common shares outstanding-assuming dilution 19,275,251 18,689,602