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Income Statement - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Insurance premiums and other considerations $ 15,899,526 $ 13,914,894 $ 30,351,101 $ 27,768,409
Net investment income 9,135,820 8,590,673 18,128,011 16,413,517
Net mortuary and cemetery sales 3,520,071 3,017,853 6,765,927 5,890,088
Realized gains on investments and other assets 120,543 500,776 218,465 920,840
Other than temporary impairments on investments (30,000) (55,311) (103,630) (111,207)
Mortgage fee income 51,478,261 48,730,028 89,248,236 86,551,828
Other income 1,615,380 1,341,702 3,145,806 2,656,772
Total revenues 81,739,601 76,040,615 147,753,916 140,090,247
Benefits and expenses:        
Death benefits 7,336,129 8,116,411 15,160,130 16,044,283
Surrenders and other policy benefits 560,859 519,663 1,079,180 1,173,397
Increase in future policy benefits 5,310,918 4,040,366 9,471,178 8,220,178
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 1,707,552 1,177,854 3,920,388 2,345,353
Selling, general and administrative expenses:        
Commissions 25,006,013 23,207,511 41,848,283 41,773,558
Personnel 17,582,835 15,251,633 34,780,207 29,564,949
Advertising 1,969,945 1,508,426 3,047,955 2,924,716
Rent and rent related 1,868,205 1,929,790 3,932,530 3,814,866
Depreciation on property and equipment 536,489 547,387 1,057,944 1,110,124
Provision for loan loss reserve 828,673 2,252,471 1,415,451 2,919,210
Costs related to funding mortgage loans 2,351,530 2,412,354 4,505,927 4,595,365
Other expenses 7,012,268 6,982,105 13,492,979 13,067,608
Interest expense 1,235,151 1,374,269 2,299,346 2,359,615
Cost of goods and services sold-mortuaries and cemeteries 452,172 488,423 910,791 946,689
Total benefits and expenses 73,758,739 69,808,663 136,922,289 130,859,911
Earnings before income taxes 7,980,862 6,231,952 10,831,627 9,230,336
Income tax expense (2,623,575) (2,379,673) (3,680,808) (3,514,354)
Net earnings $ 5,357,287 $ 3,852,279 $ 7,150,819 $ 5,715,982
Net earnings per Class A Equivalent common share (1) $ 0.38 $ 0.28 $ 0.51 $ 0.42
Net earnings per Class A Equivalent common share-assuming dilution (1) $ 0.37 $ 0.27 $ 0.50 $ 0.40
Weighted-average Class A equivalent common share outstanding (1) 14,030,903 13,694,539 13,985,114 13,643,682
Weighted-average Class A equivalent common shares outstanding-assuming dilution (1) 14,376,949 14,281,303 14,377,826 14,217,405