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

9 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Major categories of net investment income

	Three Months Ended September 30		Nine Months Ended September 30
	2017	2016	2017	2016
Fixed maturity securities	$     2,692,586	$     2,410,641	$     7,475,156	$     6,472,847
Equity securities	66,320	78,402	209,517	208,696
Mortgage loans held for investment	2,973,349	2,830,853	8,803,257	8,238,249
Real estate held for investment	2,818,672	2,736,301	8,540,756	8,162,574
Policy loans	195,098	205,537	621,854	558,778
Insurance assignments	3,234,520	2,952,170	9,943,561	8,915,654
Other investments	16,051	-	36,041	13,962
Short-term investments	109,939	20,978	311,989	66,480
Gross investment income	12,106,535	11,234,882	35,942,131	32,637,240
Investment expenses	(3,745,069)	(3,145,025)	(10,383,018)	(9,152,960)
Net investment income	$     8,361,466	$     8,089,857	$   25,559,113	$   23,484,280