XML 21 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Balance Sheet - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Investments available for sale:    
Fixed maturities, at fair value $ 185,119,097 $ 197,481,456
Equity securities, at fair value 45,685,340 40,996,002
Trading securities, at fair value 0 3,826,250
Mortgage loans on real estate at amortized cost 17,769,930 23,161,982
Discounted mortgage loans on real estate at cost 0 0
Investment real estate 47,650,102 51,007,101
Financing Receivable, Gross 10,597,907 5,612,560
Policy loans 10,684,244 11,104,485
Short-term investments 0 4,382,181
Total investments 317,506,620 337,572,017
Cash and cash equivalents 11,822,615 13,977,443
Accrued investment income 2,821,338 2,662,865
Reinsurance receivables:    
Future policy benefits 27,462,830 27,906,905
Policy claims and other benefits 3,553,978 3,788,294
Cost of insurance acquired 8,140,379 9,047,984
Deferred policy acquisition costs 0 0
Property and equipment, net of accumulated depreciation 2,016,611 2,475,829
Income tax receivable 619,043 0
Other assets 3,283,681 2,468,901
Total assets 377,227,095 399,900,238
Policy liabilities and accruals:    
Future policyholder benefits 269,119,859 275,044,909
Policy claims and benefits payable 3,759,565 3,208,324
Other policyholder funds 457,774 341,248
Dividend and endowment accumulations 14,233,644 14,239,054
Income tax payable 0 1,933,243
Deferred income taxes 3,405,467 9,413,794
Notes payable 0 4,400,000
Trading securities liabilities, at fair value 28,609 23,853
Other liabilities 9,234,675 7,723,213
Total liabilities 300,239,593 316,327,638
Shareholders' equity:    
Common stock 3,699 3,706
Additional paid-in capital 43,002,670 43,122,944
Retained earnings 33,062,282 32,145,662
Accumulated other comprehensive income (1,183,552) 6,853,974
Total UTG shareholders' equity 74,885,099 82,126,286
Noncontrolling interests 2,102,403 1,446,314
Total shareholders' equity 76,987,502 83,572,600
Total liabilities and shareholders' equity $ 377,227,095 $ 399,900,238