XML 47 R36.htm IDEA: XBRL DOCUMENT

Statutory Net Income and Surplus (Tables)

12 Months Ended

Dec. 31, 2016

Statutory Net Income and Surplus [Abstract]

Statutory Accounting Practices Disclosure

	Statutory Net Loss for the Years Ended December 31,
	2016		2015
American Life	$	1,979,009	$	2,085,450
Capital Reserve		N/A	$	77,720

	Statutory Capital and Surplus as of December 31,
	2016		2015
American Life	$	3,817,756	$	5,288,649
Capital Reserve		N/A	$	1,464,044

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

+ References + Details