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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) [Abstract]    
Net income (loss) $ 9,178,523 $ (6,911,752)
Other comprehensive income (loss):    
Unrealized holding gains (losses) arising during period, pre-tax (1,443,139) 2,810,499
Tax (expense) benefit on unrealized holding gains (losses) arising during the period 303,060 (586,749)
Unrealized holding gains (losses) arising during period, net of tax (1,140,079) 2,223,750
Less reclassification adjustment for gains included in net income 0 (20,833)
Tax expense for gains included in net income (loss) 0 4,375
Reclassification adjustment for gains included in net income, net of tax 0 (16,458)
Subtotal: Other comprehensive income (loss), net of tax (1,140,079) 2,207,292
Comprehensive income 8,038,444 (4,704,460)
Less comprehensive income attributable to noncontrolling interests (29,017) (30,490)
Comprehensive income attributable to UTG, Inc. $ 8,009,427 $ (4,734,950)