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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) [Abstract]        
Net income (loss) $ 6,504,378 $ 108,682 $ 15,682,901 $ (6,803,070)
Other comprehensive income (loss):        
Unrealized holding gains (losses) arising during period, pre-tax (761,765) (1,725,615) (2,204,904) 1,084,884
Tax (expense) benefit on unrealized holding gains (losses) arising during the period 165,818 366,527 468,878 (220,222)
Unrealized holding gains (losses) arising during period, net of tax (595,947) (1,359,088) (1,736,026) 864,662
Less reclassification adjustment for gains included in net income (loss) 0 (25,000) 0 (45,833)
Tax expense for gains included in net income (loss) 0 5,250 0 9,625
Reclassification adjustment for gains included in net income (loss), net of tax 0 (19,750) 0 (36,208)
Subtotal: Other comprehensive income (loss), net of tax (595,947) (1,378,838) (1,736,026) 828,454
Comprehensive income 5,908,431 (1,270,156) 13,946,875 (5,974,616)
Less comprehensive income attributable to noncontrolling interests (29,191) (29,022) (58,208) (59,512)
Comprehensive income attributable to UTG, Inc. $ 5,879,240 $ (1,299,178) $ 13,888,667 $ (6,034,128)