7) Business Segments Information (Tables)

3 Months Ended

Mar. 31, 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
March 31, 2020
Revenues from external customers	$   33,205,762	$   4,013,696	$   42,389,491	$                -	$     79,608,949
Intersegment revenues	908,168	103,514	200,332	(1,212,014)	-
Segment profit before income taxes	(3,069,167)	104,801	4,438,600		1,474,234
		-
Identifiable Assets	1,124,244,140	79,695,043	278,195,425	(109,493,359)	1,372,641,249
Goodwill	2,765,570	754,018	-	-	3,519,588
Total Assets	1,127,009,710	80,449,061	278,195,425	(109,493,359)	1,376,160,837
For the Three Months Ended
March 31, 2019
Revenues from external customers	$   30,505,368	$   4,359,285	$   26,629,182	$                -	$     61,493,835
Intersegment revenues	895,372	116,651	126,358	(1,138,381)	-
Segment profit before income taxes	2,085,341	1,184,865	(838,047)	-	2,432,159
Identifiable Assets	935,021,695	87,087,362	155,695,585	(125,548,998)	1,052,255,644
Goodwill	2,765,570	750,745	-	-	3,516,315
Total Assets	937,787,265	87,838,107	155,695,585	(125,548,998)	1,055,771,959