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Deposit-Type Contracts (Tables)
9 Months Ended
Sep. 30, 2019
Deposit Type Contracts [Abstract]  
Schedule of Contracts

The following table provides information about deposit-type contracts for the three months ended September 30, 2019 and the year ended December 31, 2018:

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

Year Ended

 

    

September 30, 2019

    

December 31, 2018

Beginning balance

 

$

7,234,927

 

$

8,314,297

US Alliance

 

 

442,370

 

 

804,187

Ironbound Reinsurance Company Limited

 

 

76,216,386

 

 

 —

Deposits received

 

 

4,088,640

 

 

(1,881,411)

Investment earnings

 

 

42,895

 

 

650

Withdrawals

 

 

(126,852)

 

 

47,936

Contract charges

 

 

2,688

 

 

(50,732)

Ending balance

 

$

87,901,054

 

$

7,234,927