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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Investments:    
Fixed maturity securities, available for sale, at estimated fair value $ 294,656,679 $ 355,977,820
Equity securities at estimated fair value 11,324,239 7,271,165
Mortgage loans held for investment (net of allowances for loan losses of $2,005,127 and $1,453,037 for 2020 and 2019) 249,343,936 236,694,546
Real estate held for investment (net of accumulated depreciation of $13,800,973 and $12,788,739 for 2020 and 2019) 131,684,453 102,756,946
Real estate held for sale 7,878,807 14,097,627
Other investments and policy loans (net of allowances for doubtful accounts of $1,645,475 and $1,448,026 for 2020 and 2019) 73,696,661 60,245,269
Accrued investment income 5,360,523 4,833,232
Total investments 773,945,298 781,876,605
Cash and cash equivalents 106,219,429 127,754,719
Loans held for sale at estimated fair value 422,772,418 213,457,632
Receivables (net of allowances for doubtful accounts of $1,685,382 and $1,724,156 for 2020 and 2019) 10,899,207 9,236,330
Restricted assets (including $3,989,415 and $2,985,347 for 2020 and 2019 at estimated fair value) 16,150,036 13,935,317
Cemetery perpetual care trust investments (including $2,810,070 and $2,581,124 for 2020 and 2019 at estimated fair value) 6,413,167 4,411,864
Receivable from reinsurers 15,569,156 15,747,768
Cemetery land and improvements 8,761,436 9,519,950
Deferred plicy and pre-need contract acquisition costs 100,075,276 94,701,920
Mortgage servicing rights, net 35,210,516 17,155,529
Property and equipment, net 12,473,345 14,600,394
Value of business acquired 8,955,249 9,876,647
Goodwill 3,519,588 3,519,588
Other 27,976,357 18,649,812
Total Assets 1,548,940,478 1,334,444,075
Liabilities    
Future policy benefits and unpaid claims 844,790,087 825,600,918
Unearned premium reserve 3,328,623 3,621,697
Bank and other loans payable 297,824,368 217,572,612
Deferred pre-need cemetery and mortuary contract revenues 13,080,179 12,607,978
Cemetery Perpetual Care Trust Obligation 4,087,704 3,933,719
Accounts payable 8,932,683 5,056,983
Other liabilities and accrued expenses 87,650,981 50,652,591
Income Taxes 25,258,800 18,686,972
Total liabilities 1,284,953,425 1,137,733,470
Stockholders' Equity    
Preferred stock - non-voting-$1.00 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 50,287,253 46,091,112
Accumulated other comprehensive income, net of taxes 23,243,133 13,726,514
Retained earnings 153,739,167 101,256,229
Treasury stock, at cost - 227,852 Class A shares and 10,985 Class C shares in 2020; 490,823 Class A shares and -0- Class C shares in 2019 (1,833,272) (1,580,582)
Total stockholders' equity 263,987,053 196,710,605
Total Liabilities and Stockholders' Equity 1,548,940,478 1,334,444,075
Common Class A    
Stockholders' Equity    
Common Stock, Value, Issued 33,191,566 32,215,558
Common Class B    
Stockholders' Equity    
Common Stock, Value, Issued 0 0
Common Class C    
Stockholders' Equity    
Common Stock, Value, Issued $ 5,359,206 $ 5,001,774