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Balance Sheet (USD $)
Mar. 31, 2013
Dec. 31, 2012
Investments available for sale:    
Fixed maturities, at fair value (amortized cost $157,252,220 and $107,514,400) $ 189,846,454 $ 187,327,285
Equity securities, at fair value (cost $24,813,689 and $16,200,043) 30,535,174 30,504,914
Trading securities, at fair value (cost $12,004,466 and $9,147,237) 6,426,288 14,018,460
Mortgage loans on real estate at amortized cost 11,009,174 17,671,554
Discounted mortgage loans on real estate at cost 26,703,552 26,336,953
Investment real estate 71,025,034 68,165,013
Policy loans 12,397,405 12,591,572
Short-term investments 6,263,937 6,268,320
Total investments 354,207,018 362,884,071
Cash and cash equivalents 26,287,257 23,321,246
Accrued investment income 2,094,272 2,444,790
Future policy benefits 29,045,254 29,318,018
Policy claims and other benefits 3,837,588 4,492,430
Cost of insurance acquired 11,434,677 11,700,765
Deferred policy acquisition costs 412,110 426,218
Property and equipment, net of accumulated depreciation 1,302,948 1,344,851
Income tax receivable 7,214 20,035
Other assets 3,934,639 5,381,969
Total assets 432,562,977 441,334,393
Liabilities:    
Future policyholder benefits 291,223,310 293,800,162
Policy claims and benefits payable 4,669,151 3,371,767
Other policyholder funds 469,148 477,948
Dividend and endowment accumulations 14,113,062 14,072,513
Income tax payable 4,296 2,042,786
Deferred income taxes 12,139,693 12,301,577
Notes payable 18,848,454 18,857,954
Trading securities, at fair value (proceeds $8,019,351 and $6,288,562) 2,950,631 7,552,704
Other liabilities 9,391,959 9,202,354
Total liabilities 353,809,704 361,679,765
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,809,388 and 3,854,610 shares outstanding 3,795 3,799
Additional paid-in capital 44,283,699 44,337,743
Retained earnings 21,007,046 21,917,318
Accumulated other comprehensive income 9,581,350 9,664,466
Total UTG shareholders' equity 74,875,890 75,923,326
Noncontrolling interests 3,877,383 3,731,302
Total shareholders' equity 78,753,273 79,654,628
Total liabilities and shareholders' equity $ 432,562,977 $ 441,334,393