Deferred Policy Acquisition Costs

12 Months Ended

Dec. 31, 2019

Insurance [Abstract]

Deferred Policy Acquisition Costs

6 - Deferred Policy Acquisition Costs

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

	2019			2018			2017
Balance, January 1	$	60,615,127		$	60,289,860		$	56,309,196
Acquisition costs deferred		121,112,732			121,289,267			119,045,664
Amortization charged to earnings		(122,443,000	)		(120,964,000	)		(115,065,000	)
Balance, December 31	$	59,284,859		$	60,615,127		$	60,289,860