10-K Filing

UTG INC CIK: 832480 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0000832480-17-000005`
Period End Date	20161231
Filing Date	20170328
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	utgn-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 54 Cash Flow Statement 92 Stockholders Equity 20 Comprehensive Income 22

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$170.60M	USD	Point-in-time
Fixed maturities, at fair value (amortized cost $170,595,860 and $188,647,671)	`AvailableForSaleSecuritiesDebtSecurities`	$185.12M	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$188.65M	USD	Point-in-time
Fixed maturities, at fair value (amortized cost $170,595,860 and $188,647,671)	`AvailableForSaleSecuritiesDebtSecurities`	$187.24M	USD	Point-in-time
Equity securities, at fair value (cost $37,014,712 and $43,954,737)	`AvailableForSaleSecuritiesEquitySecurities`	$51.71M	USD	Point-in-time
Equity securities, cost	`AvailableForSaleEquitySecuritiesAmortizedCostBasis`	$43.95M	USD	Point-in-time
Equity securities, cost	`AvailableForSaleEquitySecuritiesAmortizedCostBasis`	$37.01M	USD	Point-in-time
Equity securities, at fair value (cost $37,014,712 and $43,954,737)	`AvailableForSaleSecuritiesEquitySecurities`	$45.69M	USD	Point-in-time
Trading securities, cost	`TradingSecuritiesCost`	$70.69K	USD	Point-in-time
Trading securities, at fair value (cost $70,690 and $0)	`TradingSecurities`	-	USD	Point-in-time
Trading securities, at fair value (cost $70,690 and $0)	`TradingSecurities`	$2.50K	USD	Point-in-time
Trading securities, cost	`TradingSecuritiesCost`	-	USD	Point-in-time
Mortgage loans on real estate at amortized cost	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$18.58M	USD	Point-in-time
Mortgage loans on real estate at amortized cost	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$17.77M	USD	Point-in-time
Investment real estate	`RealEstateInvestments`	$57.14M	USD	Point-in-time
Investment real estate	`RealEstateInvestments`	$47.65M	USD	Point-in-time
Notes receivable	`NotesReceivableGross`	$10.60M	USD	Point-in-time
Trading securities, proceeds	`TradingSecuritiesProceeds`	$108.88K	USD	Point-in-time
Trading securities, proceeds	`TradingSecuritiesProceeds`	$181.16K	USD	Point-in-time
Notes receivable	`NotesReceivableGross`	$16.88M	USD	Point-in-time
Policy loans	`LoansInsurancePolicy`	$10.68M	USD	Point-in-time
Policy loans	`LoansInsurancePolicy`	$10.07M	USD	Point-in-time
Common stock, stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total investments	`Investments`	$317.51M	USD	Point-in-time
Total investments	`Investments`	$341.61M	USD	Point-in-time
Common stock, stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	7.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	7.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.16M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	3.35M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$2.82M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$2.87M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	3.35M	shares	Point-in-time
Future policy benefits	`ReinsuranceRecoverables`	$27.46M	USD	Point-in-time
Future policy benefits	`ReinsuranceRecoverables`	$26.97M	USD	Point-in-time
Policy claims and other benefits	`ReinsuranceReceivablesIncurredButNotReportedClaims`	$3.95M	USD	Point-in-time
Policy claims and other benefits	`ReinsuranceReceivablesIncurredButNotReportedClaims`	$3.55M	USD	Point-in-time
Cost of insurance acquired	`ValueOfBusinessAcquiredVOBA`	$8.14M	USD	Point-in-time
Cost of insurance acquired	`ValueOfBusinessAcquiredVOBA`	$7.27M	USD	Point-in-time
Cost of insurance acquired	`ValueOfBusinessAcquiredVOBA`	$9.05M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$2.02M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$1.56M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$1.22M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$619.04K	USD	Point-in-time
Other assets	`OtherAssets`	$3.28M	USD	Point-in-time
Other assets	`OtherAssets`	$1.48M	USD	Point-in-time
Total assets	`Assets`	$402.10M	USD	Point-in-time
Total assets	`Assets`	$377.23M	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$269.12M	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$263.84M	USD	Point-in-time
Policy claims and benefits payable	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$3.76M	USD	Point-in-time
Policy claims and benefits payable	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$3.89M	USD	Point-in-time
Other policyholder funds	`OtherPolicyholderFunds`	$457.77K	USD	Point-in-time
Other policyholder funds	`OtherPolicyholderFunds`	$428.77K	USD	Point-in-time
Dividend and endowment accumulations	`PolicyholderDividendsPayable`	$14.23M	USD	Point-in-time
Dividend and endowment accumulations	`PolicyholderDividendsPayable`	$14.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilities`	$15.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilities`	$3.41M	USD	Point-in-time
Notes payable	`NotesPayable`	$2.90M	USD	Point-in-time
Notes payable	`NotesPayable`	-	USD	Point-in-time
Trading securities, at fair value (proceeds $181159 and $108,881)	`TradingLiabilities`	$28.61K	USD	Point-in-time
Trading securities, at fair value (proceeds $181159 and $108,881)	`TradingLiabilities`	$1.44K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$9.23M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$6.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$300.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$307.80M	USD	Point-in-time
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,349,927 and 3,699,447 shares issued and outstanding	`CommonStockValue`	$3.70K	USD	Point-in-time
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,349,927 and 3,699,447 shares issued and outstanding	`CommonStockValue`	$3.35K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$37.88M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$43.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$33.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$34.23M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.18M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$20.35M	USD	Point-in-time
Total UTG shareholders' equity	`StockholdersEquity`	$74.89M	USD	Point-in-time
Total UTG shareholders' equity	`StockholdersEquity`	$92.47M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.84M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.10M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$94.30M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.57M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.99M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$402.10M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$377.23M	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Premiums and policy fees	`PremiumsAndPolicyFees`	$9.74M	USD	Annual
Premiums and policy fees	`PremiumsAndPolicyFees`	$11.16M	USD	Annual
Reinsurance premiums and policy fees	`CededReinsurancePremiumsAndPolicyFees`	$3.09M	USD	Annual
Reinsurance premiums and policy fees	`CededReinsurancePremiumsAndPolicyFees`	$2.85M	USD	Annual
Net investment income	`NetInvestmentIncome`	$15.56M	USD	Annual
Net investment income	`NetInvestmentIncome`	$12.94M	USD	Annual
Other income	`OtherIncome`	$707.07K	USD	Annual
Other income	`OtherIncome`	$591.92K	USD	Annual
Revenues before realized gains (losses)	`RevenuesBeforeRealizedGainsLosses`	$24.34M	USD	Annual
Revenues before realized gains (losses)	`RevenuesBeforeRealizedGainsLosses`	$20.43M	USD	Annual
Other-than-temporary impairments	`ImpairmentOfInvestments`	$3.57M	USD	Annual
Other-than-temporary impairments	`ImpairmentOfInvestments`	$465.75K	USD	Annual
Other realized investment gains, net	`GainLossOnSaleOfOtherAssets`	$8.00M	USD	Annual
Other realized investment gains, net	`GainLossOnSaleOfOtherAssets`	$7.88M	USD	Annual
Total realized investment gains, net	`RealizedInvestmentGainsLosses`	$4.43M	USD	Annual
Total realized investment gains, net	`RealizedInvestmentGainsLosses`	$7.41M	USD	Annual
Total revenues	`Revenues`	$28.77M	USD	Annual
Total revenues	`Revenues`	$27.84M	USD	Annual
Life	`PolicyholderBenefitsAndClaimsIncurredGross`	$18.66M	USD	Annual
Life	`PolicyholderBenefitsAndClaimsIncurredGross`	$20.25M	USD	Annual
Ceded reinsurance benefits and claims	`ReinsuranceCostsAndRecoveriesNet`	$2.52M	USD	Annual
Ceded reinsurance benefits and claims	`ReinsuranceCostsAndRecoveriesNet`	$2.92M	USD	Annual
Annuity	`PolicyholderBenefitsAndClaimsIncurredNetAnnuity`	$1.12M	USD	Annual
Annuity	`PolicyholderBenefitsAndClaimsIncurredNetAnnuity`	$996.49K	USD	Annual
Dividends to policyholders	`PolicyholderDividends`	$446.57K	USD	Annual
Dividends to policyholders	`PolicyholderDividends`	$432.15K	USD	Annual
Commissions	`CommissionsAndAmortizationOfDeferredPolicyAcquisitionCosts`	$-139.17K	USD	Annual
Commissions	`CommissionsAndAmortizationOfDeferredPolicyAcquisitionCosts`	$-168.53K	USD	Annual
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$907.61K	USD	Annual
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$872.98K	USD	Annual
Operating expenses	`OperatingExpenses`	$7.29M	USD	Annual
Operating expenses	`OperatingExpenses`	$8.92M	USD	Annual
Interest expense	`InterestExpense`	$68.88K	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Total benefits and other expenses	`BenefitsLossesAndExpenses`	$28.49M	USD	Annual
Total benefits and other expenses	`BenefitsLossesAndExpenses`	$25.71M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.12M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$273.32K	USD	Annual
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-932.72K	USD	Annual
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$666.18K	USD	Annual
Net income	`ProfitLoss`	$1.21M	USD	Annual
Net income	`ProfitLoss`	$1.46M	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$288.26K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$289.42K	USD	Annual
Net income attributable to common shareholders'	`NetIncomeLoss`	$1.17M	USD	Annual
Net income attributable to common shareholders'	`NetIncomeLoss`	$916.62K	USD	Annual
Basic income per share (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	Annual
Basic income per share (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	Annual
Diluted income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	Annual
Diluted income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.54M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.70M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.70M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.54M	shares	Annual

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to common shares	`NetIncomeLoss`	$1.17M	USD	Annual
Net income attributable to common shares	`NetIncomeLoss`	$916.62K	USD	Annual
Amortization (accretion) of investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$2.75M	USD	Annual
Amortization (accretion) of investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$457.86K	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$4.43M	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$7.41M	USD	Annual
Unrealized trading (gains) losses included in income	`TradingSecuritiesUnrealizedHoldingGainLoss`	$945.13K	USD	Annual
Unrealized trading (gains) losses included in income	`TradingSecuritiesUnrealizedHoldingGainLoss`	$-31.26K	USD	Annual
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$907.61K	USD	Annual
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$872.98K	USD	Annual
Depreciation	`Depreciation`	$814.34K	USD	Annual
Depreciation	`Depreciation`	$698.37K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$288.26K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$289.42K	USD	Annual
Charges for mortality and administration of universal life and annuity products	`ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts`	$5.59M	USD	Annual
Charges for mortality and administration of universal life and annuity products	`ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts`	$6.64M	USD	Annual
Interest credited to account balances	`InterestCreditedToPolicyholdersAccountBalances`	$4.84M	USD	Annual
Interest credited to account balances	`InterestCreditedToPolicyholdersAccountBalances`	$4.54M	USD	Annual
Change in accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$158.47K	USD	Annual
Change in accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$51.51K	USD	Annual
Change in reinsurance receivables	`IncreaseDecreaseInReinsuranceRecoverable`	$-678.39K	USD	Annual
Change in reinsurance receivables	`IncreaseDecreaseInReinsuranceRecoverable`	$-89.52K	USD	Annual
Change in policy liabilities and accruals	`IncreaseDecreaseInInsuranceLiabilities`	$-4.68M	USD	Annual
Change in policy liabilities and accruals	`IncreaseDecreaseInInsuranceLiabilities`	$-3.13M	USD	Annual
Change in income taxes receivable (payable)	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-2.55M	USD	Annual
Change in income taxes receivable (payable)	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-604.64K	USD	Annual
Change in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$871.64K	USD	Annual
Change in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$207.31K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.38M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.15M	USD	Annual
Fixed maturities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$30.36M	USD	Annual
Fixed maturities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$22.48M	USD	Annual
Equity securities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesEquity`	$8.09M	USD	Annual
Equity securities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesEquity`	$13.79M	USD	Annual
Trading securities	`ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment`	$125.77K	USD	Annual
Trading securities	`ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment`	$72.28K	USD	Annual
Mortgage loans	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$7.05M	USD	Annual
Mortgage loans	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$20.14M	USD	Annual
Real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$11.14M	USD	Annual
Real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$19.83M	USD	Annual
Notes receivable	`ProceedsFromSaleAndCollectionOfNotesReceivable`	-	USD	Annual
Notes receivable	`ProceedsFromSaleAndCollectionOfNotesReceivable`	$4.46M	USD	Annual
Policy loans	`ProceedsFromCollectionOfPolicyLoans`	$723.32K	USD	Annual
Policy loans	`ProceedsFromCollectionOfPolicyLoans`	$3.10M	USD	Annual
Short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$4.48M	USD	Annual
Short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	-	USD	Annual
Total proceeds from investments sold and matured	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$78.25M	USD	Annual
Total proceeds from investments sold and matured	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$67.59M	USD	Annual
Fixed maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$11.40M	USD	Annual
Fixed maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$21.73M	USD	Annual
Equity securities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesEquity`	$12.28M	USD	Annual
Equity securities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesEquity`	$5.26M	USD	Annual
Trading securities	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$70.69K	USD	Annual
Trading securities	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$463.89K	USD	Annual
Mortgage loans	`PaymentsToAcquireMortgageNotesReceivable`	$6.94M	USD	Annual
Mortgage loans	`PaymentsToAcquireMortgageNotesReceivable`	$13.77M	USD	Annual
Real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$15.94M	USD	Annual
Real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$8.65M	USD	Annual
Notes receivable	`PaymentsToAcquireNotesReceivable`	$4.99M	USD	Annual
Notes receivable	`PaymentsToAcquireNotesReceivable`	$11.21M	USD	Annual
Policy loans	`PaymentsToFundPolicyLoans`	$2.68M	USD	Annual
Policy loans	`PaymentsToFundPolicyLoans`	$109.21K	USD	Annual
Short-term investments	`PaymentsToAcquireShortTermInvestments`	$100.15K	USD	Annual
Short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	Annual
Total cost of investments acquired	`PaymentsToAcquireInvestments`	$50.93M	USD	Annual
Total cost of investments acquired	`PaymentsToAcquireInvestments`	$64.67M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$13.58M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$16.66M	USD	Annual
Policyholder contract deposits	`ProceedsFromPolicyholderContractDeposits`	$5.09M	USD	Annual
Policyholder contract deposits	`ProceedsFromPolicyholderContractDeposits`	$5.19M	USD	Annual
Policyholder contract withdrawals	`PolicyholderContractWithdrawals`	$4.26M	USD	Annual
Policyholder contract withdrawals	`PolicyholderContractWithdrawals`	$5.51M	USD	Annual
Proceeds from notes payable/line of credit	`ProceedsFromIssuanceOfDebt`	$2.90M	USD	Annual
Proceeds from notes payable/line of credit	`ProceedsFromIssuanceOfDebt`	-	USD	Annual
Payments of principal on notes payable/line of credit	`RepaymentsOfDebt`	$4.40M	USD	Annual
Payments of principal on notes payable/line of credit	`RepaymentsOfDebt`	-	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$5.12M	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$120.28K	USD	Annual
Non controlling contributions/(distributions) of consolidated subsidiary	`ProceedsFromPaymentsToMinorityShareholders`	$254.57K	USD	Annual
Non controlling contributions/(distributions) of consolidated subsidiary	`ProceedsFromPaymentsToMinorityShareholders`	$-554.88K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.95M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.59M	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.15M	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.33M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$11.82M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$13.98M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$15.16M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$11.82M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$13.98M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$15.16M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$94.30M	USD	Point-in-time
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.57M	USD	Point-in-time
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.99M	USD	Point-in-time
Common stock issued during year	`StockIssuedDuringPeriodValueNewIssues`	$254.93K	USD	Annual
Common stock issued during year	`StockIssuedDuringPeriodValueNewIssues`	$307.89K	USD	Annual
Treasury shares acquired and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$375.21K	USD	Annual
Treasury shares acquired and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.43M	USD	Annual
Net income attributable to common shareholders	`NetIncomeLoss`	$1.17M	USD	Annual
Net income attributable to common shareholders	`NetIncomeLoss`	$916.62K	USD	Annual
Unrealized holding gain on securities net of noncontrolling interest and reclassification adjustment and taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$21.54M	USD	Annual
Unrealized holding gain on securities net of noncontrolling interest and reclassification adjustment and taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-8.04M	USD	Annual
Contributions	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$1.12M	USD	Annual
Contributions	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$83.70K	USD	Annual
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$638.58K	USD	Annual
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$757.55K	USD	Annual
Gain attributable to noncontrolling interest	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$289.42K	USD	Annual
Gain attributable to noncontrolling interest	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$288.26K	USD	Annual
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$94.30M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$83.57M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.99M	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$1.21M	USD	Annual
Net Income	`ProfitLoss`	$1.46M	USD	Annual
Unrealized holding gains (losses) arising during period, pre-tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$34.49M	USD	Annual
Unrealized holding gains (losses) arising during period, pre-tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-11.12M	USD	Annual
Tax (expense) benefit on unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.89M	USD	Annual
Tax (expense) benefit on unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$12.07M	USD	Annual
Unrealized holding gains (losses) arising during period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$22.42M	USD	Annual
Unrealized holding gains (losses) arising during period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.23M	USD	Annual
Less reclassification adjustment for gains included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$1.25M	USD	Annual
Less reclassification adjustment for gains included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$1.36M	USD	Annual
Tax expense for gains included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$476.08K	USD	Annual
Tax expense for gains included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$436.88K	USD	Annual
Reclassification adjustment for gains included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$811.36K	USD	Annual
Reclassification adjustment for gains included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$884.15K	USD	Annual
Subtotal: Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$21.54M	USD	Annual
Subtotal: Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-8.04M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$22.99M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-6.83M	USD	Annual
Less comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$288.26K	USD	Annual
Less comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$289.42K	USD	Annual
Comprehensive income (loss) attributable to UTG, Inc.	`ComprehensiveIncomeNetOfTax`	$-7.12M	USD	Annual
Comprehensive income (loss) attributable to UTG, Inc.	`ComprehensiveIncomeNetOfTax`	$22.71M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.