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Balance Sheet (USD $)
Dec. 31, 2013
Dec. 31, 2012
Investments available for sale:    
Fixed maturities, at fair value $ 174,409,824 $ 187,327,285
Equity securities, at fair value 40,514,978 30,504,914
Trading securities, at fair value 6,614,111 14,018,460
Mortgage loans on real estate at amortized cost 14,454,534 17,671,554
Discounted mortgage loans on real estate at cost 12,830,735 26,336,953
Investment real estate 83,585,359 68,165,013
Policy loans 11,860,960 12,591,572
Short-term investments 0 6,268,320
Total investments 344,270,501 362,884,071
Cash and cash equivalents 19,838,618 23,321,246
Accrued investment income 2,432,939 2,444,790
Future policy benefits 28,767,326 29,318,018
Policy claims and other benefits 3,926,736 4,492,430
Cost of insurance acquired 10,636,412 11,700,765
Deferred policy acquisition costs 369,786 426,218
Property and equipment, net of accumulated depreciation 1,185,108 1,344,851
Income tax receivable 1,296,043 20,035
Other assets 4,390,620 5,381,969
Total assets 417,114,089 441,334,393
Liabilities:    
Future policyholder benefits 286,472,435 293,800,162
Policy claims and benefits payable 3,283,897 3,371,767
Other policyholder funds 378,772 477,948
Dividend and endowment accumulations 14,162,510 14,072,513
Income tax payable 0 2,042,786
Deferred income taxes 9,633,641 12,301,577
Notes payable 19,097,534 18,857,954
Trading securities liabilities, at fair value 357,439 7,552,704
Other liabilities 5,860,420 9,202,354
Total liabilities 339,246,648 361,679,765
Common stock 3,776 3,799
Additional paid-in capital 44,050,778 44,337,743
Retained earnings 25,169,646 21,917,318
Accumulated other comprehensive income 3,459,401 9,664,466
Total UTG shareholders' equity 72,683,601 75,923,326
Noncontrolling interests 5,183,840 3,731,302
Total shareholders' equity 77,867,441 79,654,628
Total liabilities and shareholders' equity $ 417,114,089 $ 441,334,393