XML 20 R5.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Consolidated Statements of Comprehensive Income (Loss) [Abstract]    
Net income $ 9,755,160 $ 2,216,562
Other comprehensive income (loss):    
Unrealized holding gains (losses) arising during period, pre-tax (7,085,803) 9,065,958
Tax (expense) benefit on unrealized holding gains (losses) arising during the period 1,488,019 (1,903,851)
Unrealized holding gains (losses) arising during period, net of tax (5,597,784) 7,162,107
Less reclassification adjustment for (gains) losses included in net income 337,587 (703,519)
Tax expense (benefit) for (gains) losses included in net income (70,893) 147,739
Reclassification adjustment for (gains) losses included in net income, net of tax 266,694 (555,780)
Subtotal: Other comprehensive income (loss), net of tax (5,331,090) 6,606,327
Comprehensive income 4,424,070 8,822,889
Less comprehensive income attributable to noncontrolling interests (92,097) (127,956)
Comprehensive income attributable to UTG, Inc. $ 4,331,973 $ 8,694,933