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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Investments:    
Fixed maturity securities, available for sale, at estimated fair value  (amortized cost of $233,569,650 and $265,150,484 for 2021 and 2020) $ 260,957,676 $ 294,656,679
Equity securities at estimated fair value (cost of $7,810,399 and $9,698,490 for 2021 and 2020) 10,322,456 11,324,239
Mortgage loans held for investment (net of allowances for loan losses of $1,900,935 and $2,005,127 for 2021 and 2020) 262,160,007 249,343,936
Real estate held for investment (net of accumulated depreciation of $15,268,717 and $13,800,973 for 2021 and 2020) 178,437,646 131,684,453
Real estate held for sale 6,221,164 7,878,807
Other investments and policy loans (net of allowances for doubtful accounts of $1,676,618 and $1,645,475 for 2021 and 2020) 61,887,744 73,696,661
Accrued investment income 5,484,182 5,360,523
Total investments 785,470,875 773,945,298
Cash and cash equivalents 149,209,290 106,219,429
Loans held for sale at estimated fair value 296,728,086 422,772,418
Receivables (net of allowances for doubtful accounts of $1,733,393 and $1,685,382 for 2021 and 2020) 16,397,549 10,899,207
Restricted assets (including $4,363,172 and $3,989,415 for 2021 and 2020 at estimated fair value) 17,225,453 16,150,036
Cemetery perpetual care trust investments (including $3,077,592 and $2,810,070 for 2021 and 2020 at estimated fair value) 6,827,765 6,413,167
Receivable from reinsurers 15,769,108 15,569,156
Cemetery land and improvements 8,416,613 8,761,436
Deferred policy and pre-need contract acquisition costs 103,469,583 100,075,276
Mortgage servicing rights, net 46,724,546 35,210,516
Property and equipment, net 14,830,650 12,473,345
Value of business acquired 8,574,921 8,955,249
Goodwill 3,519,588 3,519,588
Other 28,892,160 27,976,357
Total Assets 1,502,056,187 1,548,940,478
Liabilities    
Future policy benefits and unpaid claims 852,448,753 844,790,087
Unearned premium reserve 3,193,838 3,328,623
Bank and other loans payable 231,972,771 297,824,368
Deferred pre-need cemetery and mortuary contract revenues 13,707,231 13,080,179
Cemetery perpetual care obligation 4,201,629 4,087,704
Accounts payable 10,211,871 8,932,683
Other liabilities and accrued expenses 70,577,233 87,650,981
Income taxes 29,894,148 25,258,800
Total liabilities 1,216,207,474 1,284,953,425
Stockholders' Equity    
Preferred Stock - non-voting - $1.00 par value; 5,000,000 shares authorized;
Additional paid-in capital 57,394,514 50,287,253
Accumulated other comprehensive income, net of taxes 21,598,498 23,243,133
Retained earnings 168,415,007 153,739,167
Treasury stock at cost - 175,153 Class A shares and 95,356 Class C shares in 2021; and 227,852 Class A shares and 10,985 Class C shares  in 2020 (2,207,608) (1,833,272)
Total stockholders' equity 285,848,713 263,987,053
Total Liabilities and Stockholders' Equity 1,502,056,187 1,548,940,478
Common Class A [Member]    
Stockholders' Equity    
Common Stock, Value 35,123,042 33,191,566
Common Class B [Member]    
Stockholders' Equity    
Common Stock, Value 0 0
Common Class C [Member]    
Stockholders' Equity    
Common Stock, Value $ 5,525,260 $ 5,359,206