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7): Fair Value of Financial Instruments: Schedule of Changes in the consolidated balance sheet line items measured using level 3 inputs (Tables)
6 Months Ended
Jun. 30, 2015
As of September 30, 2014  
Schedule of Changes in the consolidated balance sheet line items measured using level 3 inputs

Following is a summary of changes in the condensed consolidated balance sheet line items measured using level 3 inputs:

 

 

Policyholder Account Balances

Future Policy Benefits - Annuities

Interest Rate Lock Commitments

Bank Loan Interest Rate Swaps

Balance - December 31, 2014

 $         (45,310,699)

 $    (65,540,985)

 $         1,929,851

 $         (31,370)

Total gains (losses):

Included in earnings

              (6,011,832)

         (3,566,497)

                           -

                        -

Included in other comprehensive income (loss)

                           -

                     -

        3,739,900

            8,711

Balance - June 30, 2015

 $         (51,322,531)

 $    (69,107,482)

 $         5,669,751

 $         (22,659)

AsOfDecember312014Member  
Schedule of Changes in the consolidated balance sheet line items measured using level 3 inputs

 

Policyholder Account Balances

Future Policy Benefits - Annuities

Interest Rate Lock Commitments

Bank Loan Interest Rate Swaps

Balance - December 31, 2013

 $     (48,000,668)

 $    (65,052,928)

 $         1,487,908

 $       (58,310)

Total gains (losses):

Included in earnings

            2,689,969

            (488,057)

 -

 -

Included in other

comprehensive income

 -

 -

               441,943

            26,940

Balance - December 31, 2014

 $     (45,310,699)

 $    (65,540,985)

 $         1,929,851

 $       (31,370)