XML 48 R29.htm IDEA: XBRL DOCUMENT

Schedule I

12 Months Ended

Dec. 31, 2013

Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary of Investments - Other than Investments in Related Parties

SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES

AS OF DECEMBER 31, 2013



Type of Investment	Cost (1)				Market Value				Amount at which shown in the Balance Sheet (2)

Fixed maturities:
Bonds:
States, municipalities and political subdivisions	$	69,323,880			$	72,091,721			$	72,091,721
All other corporate bonds	18,656,280				19,353,692				19,353,692
Short-term investments	7,926,373				7,926,373				7,926,373
Total fixed maturities	95,906,533				99,371,786				99,371,786

Equity securities:
Common stocks:
Public utilities	958,864				1,274,489				1,274,489
Banks, trust and insurance companies	1,700,194				2,800,874				2,800,874
Industrial, miscellaneous and all other	19,346,311				31,827,202				31,827,202
Nonredeemable preferred stocks	195,000				241,500				241,500
Total equity securities	22,200,369				36,144,065				36,144,065

Other investments	5,665,312				5,665,312				5,665,312

Total investments (3)	$	123,772,214			$	141,181,163			$	141,181,163

(1) Fixed maturities are shown at amortized cost and equity securities are shown at original cost

(2) Bonds of states, municipalities and political subdivisions are shown at amortized cost for held-to-maturity bonds and fair value for available-for-sale bonds. Equity securities are shown at fair value

(3) The above summary of investments does not include investments in related parties accounted for under the cost and equity methods of accounting in the amount of $1,582,519

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

+ References+ Details