Condensed Consolidated Balance Sheets (Unaudited) - USD ($)		Mar. 31, 2018	Dec. 31, 2017
Investments available for sale:
Fixed maturities, at fair value (amortized cost $164,891,063 and $159,912,511)		$ 179,204,313	$ 178,555,225	[1]
Equity securities, at fair value (cost $0 and $35,712,633)	[1]	0	58,848,491	[2]
Equity securities, at fair value (cost $43,566,804 and $0)	[1]	70,831,898	0
Mortgage loans on real estate at amortized cost		15,310,336	17,314,477	[1]
Investment real estate, net		48,937,132	50,504,550	[1]
Notes receivable		18,440,090	19,004,016
Policy loans		9,597,632	9,559,142	[1]
Total investments		342,321,401	333,785,901	[1]
Cash and cash equivalents		19,955,662	25,434,199
Accrued investment income		3,348,297	2,990,721	[1]
Reinsurance receivables:
Future policy benefits		26,421,164	26,488,346	[1]
Policy claims and other benefits		3,913,683	3,882,047
Cost of insurance acquired		6,226,776	6,428,292	[1]
Property and equipment, net of accumulated depreciation		1,009,824	1,118,826	[1]
Income taxes receivable		536,877	549,851	[1]
Other assets		433,494	5,766,901
Total assets		404,167,178	406,445,084
Policy liabilities and accruals:
Future policy benefits		258,010,660	259,469,205	[1]
Policy claims and benefits payable		4,320,094	3,777,175	[1]
Other policyholder funds		438,187	408,790
Dividend and endowment accumulations		14,618,065	14,601,645	[1]
Deferred income taxes		10,989,278	10,996,404	[1]
Other liabilities		6,428,406	6,760,347
Total liabilities		294,804,690	296,013,566
Shareholders' equity:
Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,333,377 and 3,349,927 shares issued and outstanding		3,318	3,333	[1]
Additional paid-in capital		37,165,939	37,536,164	[1]
Retained earnings		59,975,029	39,040,456	[1]
Accumulated other comprehensive income (loss)		11,289,621	32,952,338	[1]
Total UTG shareholders' equity		108,433,907	109,532,291	[1]
Noncontrolling interest		928,581	899,227	[1]
Total shareholders' equity		109,362,488	110,431,518
Total liabilities and shareholders' equity		$ 404,167,178	$ 406,445,084

[1] Balance sheet audited at December 31, 2016.

[2] Effective January 1, 2018, the Company adopted ASU No. 2016-01 and equity securities are no longer classified as available-for-sale. Prior periods have not been restated to conform to the current presentation. See Note 2 to the Condensed Consolidated Financial Statements for additional information.