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7): Fair Value of Financial Instruments: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)
 3 Months Ended
Mar. 31, 2017
AsOfMarch312017Member  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

 

 

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Observable Inputs (Level 2)

Significant Unobservable Inputs (Level 3)

Assets accounted for at fair value on a recurring basis

Common stock

 $10,735,239

 $10,735,239

 $-

 $-

Total securities available for sale

 $10,735,239

 $10,735,239

 $-

 $-

Restricted assets of cemeteries and mortuaries

 $752,814

 $752,814

 $-

 $-

Cemetery perpetual care trust investments

 672,922

 672,922

 -

 -

Derivatives - loan commitments

 9,540,950

 -

 -

 9,540,950

Total assets accounted for at fair value on a recurring basis

 $21,701,925

 $12,160,975

 $-

 $9,540,950

Liabilities accounted for at fair value on a recurring basis

Policyholder account balances

 $(49,155,440)

 $-

 $-

 $(49,155,440)

Future policy benefits - annuities

 (98,714,812)

 -

 -

 (98,714,812)

Derivatives - bank loan interest rate swaps

 (1,713)

 -

 -

 (1,713)

   - call options

 (38,628)

 (38,628)

 -

 -

   - put options

 (13,700)

 (13,700)

 -

 -

   - loan commitments

 (564,025)

 -

 -

 (564,025)

Total liabilities accounted for at fair value on a recurring basis

 $(148,488,318)

 $(52,328)

 $-

 $(148,435,990)
AsOfDecember312016Member  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

 

 

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Observable Inputs (Level 2)

Significant Unobservable Inputs (Level 3)

Assets accounted for at fair value on a recurring basis

Common stock

 $10,573,356

 $10,573,356

 $-

 $-

Total securities available for sale

 $10,573,356

 $10,573,356

 $-

 $-

 

Restricted assets of cemeteries and mortuaries

 $736,603

 $736,603

 $-

 $-

Cemetery perpetual care trust investments

 698,202

 698,202

-

-

Derivatives - loan commitments

 6,911,544

-

-

 6,911,544

Total assets accounted for at fair value on a recurring basis

 $18,919,705

 $12,008,161

 $-

 $6,911,544

Liabilities accounted for at fair value on a recurring basis

Policyholder account balances

 $(49,421,125)

 $-

 $-

 $(49,421,125)

Future policy benefits - annuities

 (99,388,662)

-

-

 (99,388,662)

Derivatives - bank loan interest rate swaps

 (3,308)

-

-

 (3,308)

                   - call options

 (109,474)

 (109,474)

-

 -

                   - put options

 (26,494)

 (26,494)

-

 -

                   - loan commitments

 (102,212)

-

-

 (102,212)

Total liabilities accounted for at fair value on a recurring basis

 $(149,051,275)

 $(135,968)

 $-

 $(148,915,307)