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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Consolidated Statements of Comprehensive Income (Loss) [Abstract]    
Net income $ 2,070,092 $ 34,364,346
Other comprehensive income (loss):    
Unrealized holding gains (losses) arising during period, pre-tax 2,867,943 (21,981,097)
Tax (expense) benefit on unrealized holding gains (losses) arising during the period (592,591) 4,615,943
Unrealized holding gains (losses) arising during period, net of tax 2,275,352 (17,365,154)
Less reclassification adjustment for (gains) losses included in net income (58,333) 528
Tax expense (benefit) for (gains) losses included in net income 12,250 (111)
Reclassification adjustment for (gains) losses included in net income, net of tax (46,083) 417
Subtotal: Other comprehensive income (loss), net of tax 2,229,269 (17,364,737)
Comprehensive income 4,299,361 16,999,609
Less comprehensive income attributable to noncontrolling interests (113,397) (106,341)
Comprehensive income attributable to UTG, Inc. $ 4,185,964 $ 16,893,268