3) Investments: Schedule of Major categories of net investment income (Tables)

3 Months Ended

Mar. 31, 2016

Tables/Schedules

Schedule of Major categories of net investment income

	Three Months Ended March 31
	2016	2015
Fixed maturity securities	$     2,050,569	$     1,980,696
Equity securities	71,041	59,418
Mortgage loans on real estate	2,026,515	1,874,158
Real estate	2,838,484	2,120,650
Policy loans	182,206	188,546
Insurance assignments	3,104,788	2,789,006
Short-term investments,  principally interest on sale of mortgage loans and other	1,863,144	1,511,095
Gross investment income	12,136,747	10,523,569
Investment expenses	(3,144,556)	(2,700,725)
Net investment income	$     8,992,191	$     7,822,844