Deferred Policy Acquisition Costs

12 Months Ended

Dec. 31, 2017

Insurance [Abstract]

Deferred Policy Acquisition Costs

6 - Deferred Policy Acquisition Costs

Changes in our insurance subsidiaries’ deferred policy acquisition costs are as follows:

	2017			2016			2015
Balance, January 1	$	56,309,196		$	52,108,388		$	48,298,608
Acquisition costs deferred		119,045,664			112,076,808			103,322,780
Amortization charged to earnings		(115,065,000	)		(107,876,000	)		(99,513,000	)
Balance, December 31	$	60,289,860		$	56,309,196		$	52,108,388