XML 32 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheet (USD $)
Dec. 31, 2012
Dec. 31, 2011
Investments available for sale:    
Fixed maturities, at fair value $ 187,327,285 $ 124,583,177
Equity securities, at fair value 30,504,914 17,299,628
Trading securities, at fair value 14,018,460 8,519,064
Mortgage loans on real estate at amortized cost 17,671,554 9,272,919
Discounted mortgage loans on real estate at cost 26,336,953 27,467,920
Investment real estate 68,165,013 62,701,375
Policy loans 12,591,572 13,312,229
Short-term investments 6,268,320 0
Total investments 362,884,071 263,156,312
Cash and cash equivalents 23,321,246 82,925,675
Accrued investment income 2,444,790 1,136,741
Future policy benefits 29,318,018 64,693,384
Policy claims and other benefits 4,492,430 4,029,412
Cost of insurance acquired 11,700,765 12,846,266
Deferred policy acquisition costs 426,218 488,266
Property and equipment, net of accumulated depreciation 1,344,851 1,527,285
Income tax receivable 20,035 281,636
Other assets 5,381,969 2,636,280
Total assets 441,334,393 433,721,257
Liabilities:    
Future policyholder benefits 293,800,162 301,393,689
Policy claims and benefits payable 3,371,767 3,016,866
Other policyholder funds 477,948 636,319
Dividend and endowment accumulations 14,072,513 14,176,151
Income tax payable 2,042,786 0
Deferred income taxes 12,301,577 13,745,751
Notes payable 18,857,954 9,531,645
Trading securities liabilities, at fair value 7,552,704 5,471,475
Other liabilities 9,202,354 9,964,313
Total liabilities 361,679,765 357,936,209
Common stock 3,799 3,855
Additional paid-in capital 44,337,743 45,051,608
Retained earnings 21,917,318 12,651,687
Accumulated other comprehensive income 9,664,466 11,792,214
Total UTG shareholders' equity 75,923,326 69,499,364
Noncontrolling interests 3,731,302 6,285,684
Total shareholders' equity 79,654,628 75,785,048
Total liabilities and shareholders' equity $ 441,334,393 $ 433,721,257