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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities:    
Net loss $ (456,136) $ (1,049,032)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 172,332 34,893
Net realized (gains) losses on the sale of securities 4,499 (430,565)
Gain on bargain purchase (1,140,996)
Amortization of investment securities, net 42,628 42,941
Deferred acquisition costs capitalized (285,187) (269,266)
Deferred acquisition costs amortized 454,906 321,451
Value of business acquired amortized 20,304 8,460
Interest credited on deposit type contracts 579,038 247,692
(Increase) decrease in operating assets:    
Investment income due and accrued (57,918) (80,937)
Reinsurance related assets 88,033 57,529
Other assets (240,785) (105,029)
Increase (decrease) in operating liabilities:    
Policyowner benefit reserves 2,786,098 1,700,163
Advance premiums 49,229 119,688
Other liabilities 19,836 4,671
Accounts payable and accrued expenses 208,187 (9,536)
Net cash provided by operating activities 2,244,068 593,123
Cash Flows from Investing Activities:    
Purchase of fixed income investments (4,643,809) (14,992,862)
Purchase of equity investments (1,333,779) (8,241,105)
Proceeds from fixed income sales and repayments 460,638 5,823,079
Proceeds from equity sales and repayments 4,439,443
Interest on policy loans (2,762) 636
Increase in policy loans (7,107) (599)
Cash paid as purchase consideration (500,000)
Assumed reinsurance from American Life & Security Corporation 6,895,145
Purchase of property, equipment and software (5,334) (11,121)
Net cash used in investing activities (5,159,762) (5,007,757)
Cash Flows from Financing Activities:    
Receipts on deposit-type contracts 4,048,626 2,187,387
Withdrawals on deposit-type contracts (1,450,062) (607,083)
Proceeds received from issuance of common stock, net of costs of issuance 1,742,967 340,394
Net cash provided by financing activities 4,341,531 1,920,698
Net increase (decrease) in cash and cash equivalents 1,425,837 (2,493,936)
Cash and Cash Equivalents:    
Beginning 651,809 3,145,745
Ending 2,077,646 651,809
Supplemental Disclosure of Non-Cash Information    
Common stock issued on the acquisition of Northern Plains 3,097,380
Cost of reinsurance deferred on coinsurance transaction with American Life & Security Corp 2,861,450
Policyholder Contract Deposits [Member] | American Life & Security Corp [Member]    
Supplemental Disclosure of Non-Cash Information    
Deposit-type contract liabilities assumed 6,193,587
GWLIC [Member]    
Cash Flows from Investing Activities:    
Cash from acquisition of Great Western Life Insurance Company 872,394
Supplemental Disclosure of Non-Cash Information    
Securities acquired  
Northern Plains [Member]    
Cash Flows from Investing Activities:    
Cash from acquisition of Great Western Life Insurance Company 1,079,627
Northern Plains [Member] | Policyholder Contract Deposits [Member]    
Supplemental Disclosure of Non-Cash Information    
Deposit-type contract liabilities assumed 2,029,138
Fixed Maturities [Member] | GWLIC [Member]    
Supplemental Disclosure of Non-Cash Information    
Securities acquired 1,380,606  
Fixed Maturities [Member] | Northern Plains [Member]    
Supplemental Disclosure of Non-Cash Information    
Securities acquired 3,006,552
Policyholder Contract Deposits [Member] | GWLIC [Member]    
Supplemental Disclosure of Non-Cash Information    
Deposit-type contract liabilities assumed 35,569
Equity Securities [Member] | Northern Plains [Member]    
Supplemental Disclosure of Non-Cash Information    
Securities acquired $ 1,616,897