Schedule II Condensed Financial Information of Registrant Balance Sheets

12 Months Ended

Dec. 31, 2013

Supplemental Information [Abstract]

Condensed Financial Information of Registrant Balance Sheets

Schedule II

Midwest Holding Inc. (Parent Company)

Condensed Financial Information of Registrant

Balance Sheets

	As of December 31,
	2013			2012
Assets
Investment in subsidiaries (1)	$	5,483,331		$	7,098,917
Equity method investments		1,800,859			1,887,196
Equity securities, at cost		208,750			217,750
Notes receivable		27,383			27,383
Total investments		7,520,323			9,231,246
Cash and cash equivalents		50,112			152,909
Property and equipment, net		68,584			105,936
Other assets		165,059			205,711
Total assets	$	7,804,078		$	9,695,802
Liabilities and Stockholders' Equity
Liabilities:
Accounts payable and accrued expenses		1,112,610			159,865
Total liabilities		1,112,610			159,865
Stockholders' Equity:
Preferred stock, Series A		74			74
Common stock		9,121			9,106
Additional paid-in capital		25,131,714			25,361,520
Stock subscription receivable		(1,917	)		(13,417	)
Accumulated deficit		(17,707,433	)		(15,756,994	)
Accumulated other comprehensive loss		(740,091	)		(64,352	)
Total Midwest Holding Inc.'s stockholders' equity		6,691,468			9,535,937
Total liabilities and stockholders' equity	$	7,804,078		$	9,695,802

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(1) Eliminated in consolidation.