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Balance Sheet (10-K) (USD $)
Dec. 31, 2009
Investments available for sale: 
Fixed maturities, at market (amortized cost $142,948,693 and $138,680,398)$ 139,704,693
Equity securities, at market (cost $13,940,811 and $14,316,463)13,323,322
Trading securities, at market (cost $34,183,252 and $19,043,448)19,613,472
Mortgage loans on real estate at amortized cost27,041,447
Discounted mortgage loans on real estate at amortized cost34,229,937
Investment real estate, at cost, net of accumulated depreciation45,556,811
Policy loans14,343,606
Short-term investments700,000
Total investments294,513,288
Cash and cash equivalents37,492,843
Investment in unconsolidated affiliate, at fair value (cost $5,000,000 and $5,000,000)5,057,762
Accrued investment income1,577,199
Reinsurance receivables: 
Future policy benefits68,615,385
Policy claims and other benefits5,131,031
Cost of insurance acquired15,402,012
Deferred policy acquisition costs647,526
Property and equipment, net of accumulated depreciation1,485,253
Income taxes receivable500,305
Other assets1,096,368
Total assets431,518,972
Liabilities: 
Future policy benefits313,798,199
Policy claims and benefits payable3,248,521
Other policyholder funds940,357
Dividend and endowment accumulations14,182,516
Income taxes payable0
Deferred income taxes11,950,254
Notes payable14,402,889
Trading securities, at market (proceeds $17,387,108 and $10,590,552)11,671,911
Other liabilities7,265,586
Total liabilities377,460,233
Shareholders' equity: 
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,848,079 and 3,884,445 shares issued and outstanding after deducting treasury shares of 446,929 and 410,8383,885
Additional paid-in capital41,782,274
Retained earnings (accumulated deficit)(1,261,503)
Accumulated other comprehensive income322,156
Total UTG shareholders' equity40,846,812
Noncontrolling interest13,211,927
Total shareholders' equity54,058,739
Total liabilities and shareholders' equity$ 431,518,972