10-Q Filing

UTG INC CIK: 832480 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001140361-20-018104`
Period End Date	20200630
Filing Date	20200811
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	utgn-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 104 Cash Flow Statement 92 Stockholders Equity 40 Comprehensive Income 44

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$159.96M	USD	Point-in-time
Fixed maturities, at fair value (amortized cost $157,032,450 and $159,959,855)	`AvailableForSaleSecuritiesDebtSecurities`	$176.59M	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$157.03M	USD	Point-in-time
Fixed maturities, at fair value (amortized cost $157,032,450 and $159,959,855)	`AvailableForSaleSecuritiesDebtSecurities`	$171.63M	USD	Point-in-time
Equity securities, at fair value (cost $31,796,340 and $32,578,862)	`EquitySecuritiesFvNi`	$66.14M	USD	Point-in-time
Equity securities, at fair value (cost $31,796,340 and $32,578,862)	`EquitySecuritiesFvNi`	$78.66M	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$31.80M	USD	Point-in-time
Equity securities, at cost	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$10.92M	USD	Point-in-time
Equity securities, at cost	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$14.42M	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$32.58M	USD	Point-in-time
Mortgage loans on real estate at amortized cost	`MortgageLoansOnRealEstate`	$8.22M	USD	Point-in-time
Mortgage loans on real estate at amortized cost	`MortgageLoansOnRealEstate`	$13.10M	USD	Point-in-time
Investment real estate	`RealEstateInvestments`	$44.34M	USD	Point-in-time
Investment real estate	`RealEstateInvestments`	$40.73M	USD	Point-in-time
Notes receivable	`NotesReceivableNet`	$19.49M	USD	Point-in-time
Notes receivable	`NotesReceivableNet`	$19.65M	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$8.71M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$8.80M	USD	Point-in-time
Common stock, stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Short-term investments	`OtherShortTermInvestments`	$10.44M	USD	Point-in-time
Short-term investments	`OtherShortTermInvestments`	$12.44M	USD	Point-in-time
Total investments	`Investments`	$352.51M	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
Total investments	`Investments`	$351.77M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	3.28M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.79M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	3.27M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$1.53M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$1.68M	USD	Point-in-time
Future policy benefits	`ReinsuranceRecoverables`	$25.44M	USD	Point-in-time
Future policy benefits	`ReinsuranceRecoverables`	$25.66M	USD	Point-in-time
Policy claims and other benefits	`ReinsuranceReceivablesIncurredButNotReportedClaims`	$4.14M	USD	Point-in-time
Policy claims and other benefits	`ReinsuranceReceivablesIncurredButNotReportedClaims`	$3.71M	USD	Point-in-time
Cost of insurance acquired	`ValueOfBusinessAcquiredVOBA`	$4.85M	USD	Point-in-time
Cost of insurance acquired	`ValueOfBusinessAcquiredVOBA`	$4.47M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$387.83K	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$427.74K	USD	Point-in-time
Other assets	`OtherAssets`	$695.52K	USD	Point-in-time
Other assets	`OtherAssets`	$686.50K	USD	Point-in-time
Total assets	`Assets`	$418.75M	USD	Point-in-time
Total assets	`Assets`	$417.31M	USD	Point-in-time
Future policyholder benefits	`LiabilityForFuturePolicyBenefits`	$249.26M	USD	Point-in-time
Future policyholder benefits	`LiabilityForFuturePolicyBenefits`	$246.17M	USD	Point-in-time
Policy claims and benefits payable	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$3.63M	USD	Point-in-time
Policy claims and benefits payable	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$3.44M	USD	Point-in-time
Other policyholder funds	`OtherPolicyholderFunds`	$404.18K	USD	Point-in-time
Other policyholder funds	`OtherPolicyholderFunds`	$409.61K	USD	Point-in-time
Dividend and endowment accumulations	`PolicyholderDividendsPayable`	$14.71M	USD	Point-in-time
Dividend and endowment accumulations	`PolicyholderDividendsPayable`	$14.63M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$313.66K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$785.98K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$11.55M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$13.22M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$6.08M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$5.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$283.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$287.25M	USD	Point-in-time
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,270,515 and 3,277,830 shares outstanding	`CommonStockValue`	$3.27K	USD	Point-in-time
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,270,515 and 3,277,830 shares outstanding	`CommonStockValue`	$3.28K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$36.01M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$35.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$85.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$82.71M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.09M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.98M	USD	Point-in-time
Total UTG shareholders' equity	`StockholdersEquity`	$133.58M	USD	Point-in-time
Total UTG shareholders' equity	`StockholdersEquity`	$130.97M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$523.63K	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$589.39K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$128.13M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$107.08M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$117.30M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$134.17M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$122.53M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$417.31M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$418.75M	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Premiums and policy fees	`PremiumsAndPolicyFees`	$2.43M	USD	1 Quarter
Premiums and policy fees	`PremiumsAndPolicyFees`	$4.93M	USD	2 Qtrs
Premiums and policy fees	`PremiumsAndPolicyFees`	$2.38M	USD	1 Quarter
Premiums and policy fees	`PremiumsAndPolicyFees`	$4.74M	USD	2 Qtrs
Ceded reinsurance premiums and policy fees	`CededReinsurancePremiumsAndPolicyFees`	$813.26K	USD	1 Quarter
Ceded reinsurance premiums and policy fees	`CededReinsurancePremiumsAndPolicyFees`	$690.04K	USD	1 Quarter
Ceded reinsurance premiums and policy fees	`CededReinsurancePremiumsAndPolicyFees`	$1.37M	USD	2 Qtrs
Ceded reinsurance premiums and policy fees	`CededReinsurancePremiumsAndPolicyFees`	$1.33M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$5.85M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$2.70M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$3.02M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$5.81M	USD	2 Qtrs
Other income	`OtherIncome`	$152.81K	USD	2 Qtrs
Other income	`OtherIncome`	$95.92K	USD	1 Quarter
Other income	`OtherIncome`	$159.76K	USD	2 Qtrs
Other income	`OtherIncome`	$93.77K	USD	1 Quarter
Revenue before net investment gains (losses)	`RevenuesBeforeRealizedGainsLosses`	$9.58M	USD	2 Qtrs
Revenue before net investment gains (losses)	`RevenuesBeforeRealizedGainsLosses`	$9.37M	USD	2 Qtrs
Revenue before net investment gains (losses)	`RevenuesBeforeRealizedGainsLosses`	$4.42M	USD	1 Quarter
Revenue before net investment gains (losses)	`RevenuesBeforeRealizedGainsLosses`	$4.81M	USD	1 Quarter
Other realized investment gains, net	`GainLossOnSaleOfOtherInvestments`	$8.95M	USD	2 Qtrs
Other realized investment gains, net	`GainLossOnSaleOfOtherInvestments`	$6.42M	USD	2 Qtrs
Other realized investment gains, net	`GainLossOnSaleOfOtherInvestments`	$5.30M	USD	1 Quarter
Other realized investment gains, net	`GainLossOnSaleOfOtherInvestments`	$1.78M	USD	1 Quarter
Change in fair value of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	$-11.74M	USD	2 Qtrs
Change in fair value of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	$97.15K	USD	1 Quarter
Change in fair value of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	$14.88M	USD	2 Qtrs
Change in fair value of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	$12.95M	USD	1 Quarter
Total net investment gains (losses)	`DebtAndEquitySecuritiesGainLoss`	$5.40M	USD	1 Quarter
Total net investment gains (losses)	`DebtAndEquitySecuritiesGainLoss`	$-2.78M	USD	2 Qtrs
Total net investment gains (losses)	`DebtAndEquitySecuritiesGainLoss`	$21.30M	USD	2 Qtrs
Total net investment gains (losses)	`DebtAndEquitySecuritiesGainLoss`	$14.73M	USD	1 Quarter
Total revenue	`Revenues`	$9.81M	USD	1 Quarter
Total revenue	`Revenues`	$19.53M	USD	1 Quarter
Total revenue	`Revenues`	$30.88M	USD	2 Qtrs
Total revenue	`Revenues`	$6.59M	USD	2 Qtrs
Life	`PolicyholderBenefitsAndClaimsIncurredGross`	$8.02M	USD	2 Qtrs
Life	`PolicyholderBenefitsAndClaimsIncurredGross`	$4.59M	USD	1 Quarter
Life	`PolicyholderBenefitsAndClaimsIncurredGross`	$6.96M	USD	2 Qtrs
Life	`PolicyholderBenefitsAndClaimsIncurredGross`	$3.42M	USD	1 Quarter
Ceded reinsurance benefits and claims	`ReinsuranceCostsAndRecoveriesNet`	$988.11K	USD	2 Qtrs
Ceded reinsurance benefits and claims	`ReinsuranceCostsAndRecoveriesNet`	$1.08M	USD	2 Qtrs
Ceded reinsurance benefits and claims	`ReinsuranceCostsAndRecoveriesNet`	$353.17K	USD	1 Quarter
Ceded reinsurance benefits and claims	`ReinsuranceCostsAndRecoveriesNet`	$607.54K	USD	1 Quarter
Annuity	`PolicyholderBenefitsAndClaimsIncurredNetAnnuity`	$491.54K	USD	2 Qtrs
Annuity	`PolicyholderBenefitsAndClaimsIncurredNetAnnuity`	$259.05K	USD	1 Quarter
Annuity	`PolicyholderBenefitsAndClaimsIncurredNetAnnuity`	$307.37K	USD	1 Quarter
Annuity	`PolicyholderBenefitsAndClaimsIncurredNetAnnuity`	$505.04K	USD	2 Qtrs
Dividends to policyholders	`PolicyholderDividends`	$199.65K	USD	2 Qtrs
Dividends to policyholders	`PolicyholderDividends`	$96.05K	USD	1 Quarter
Dividends to policyholders	`PolicyholderDividends`	$186.32K	USD	2 Qtrs
Dividends to policyholders	`PolicyholderDividends`	$92.00K	USD	1 Quarter
Commissions and amortization of deferred policy acquisition costs	`CommissionsAndAmortizationOfDeferredPolicyAcquisitionCosts`	$-63.68K	USD	2 Qtrs
Commissions and amortization of deferred policy acquisition costs	`CommissionsAndAmortizationOfDeferredPolicyAcquisitionCosts`	$-28.56K	USD	1 Quarter
Commissions and amortization of deferred policy acquisition costs	`CommissionsAndAmortizationOfDeferredPolicyAcquisitionCosts`	$-38.58K	USD	1 Quarter
Commissions and amortization of deferred policy acquisition costs	`CommissionsAndAmortizationOfDeferredPolicyAcquisitionCosts`	$-63.12K	USD	2 Qtrs
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$387.95K	USD	2 Qtrs
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$186.21K	USD	1 Quarter
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$372.43K	USD	2 Qtrs
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$193.98K	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$1.79M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.69M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$3.93M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$1.70M	USD	1 Quarter
Total benefits and other expenses	`BenefitsLossesAndExpenses`	$6.33M	USD	1 Quarter
Total benefits and other expenses	`BenefitsLossesAndExpenses`	$10.65M	USD	2 Qtrs
Total benefits and other expenses	`BenefitsLossesAndExpenses`	$5.28M	USD	1 Quarter
Total benefits and other expenses	`BenefitsLossesAndExpenses`	$11.90M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-4.07M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.98M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.48M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.25M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-864.56K	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$2.50M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$4.36M	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$662.83K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.82M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.20M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$14.62M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$11.75M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$107.78K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$33.51K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$261.51K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$65.75K	USD	2 Qtrs
Net income (loss) attributable to common shareholders	`NetIncomeLoss`	$2.71M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLoss`	$11.71M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLoss`	$-3.27M	USD	2 Qtrs
Net income (loss) attributable to common shareholders	`NetIncomeLoss`	$14.36M	USD	2 Qtrs
Basic income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$4.36	USD	2 Qtrs
Basic income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$-1.00	USD	2 Qtrs
Basic income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$3.58	USD	1 Quarter
Diluted income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$4.36	USD	2 Qtrs
Diluted income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Diluted income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-1.00	USD	2 Qtrs
Diluted income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$3.58	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.27M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.27M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.29M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.29M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.29M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.29M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.27M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.27M	shares	2 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$2.82M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.20M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$14.62M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$11.75M	USD	1 Quarter
Amortization (accretion) of investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$32.08K	USD	2 Qtrs
Amortization (accretion) of investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$58.39K	USD	2 Qtrs
Realized investment gains, net	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$6.42M	USD	2 Qtrs
Realized investment gains, net	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$8.95M	USD	2 Qtrs
Change in fair value of equity securities	`EquitySecuritiesFvNiGainLoss`	$14.88M	USD	2 Qtrs
Change in fair value of equity securities	`EquitySecuritiesFvNiGainLoss`	$97.15K	USD	1 Quarter
Change in fair value of equity securities	`EquitySecuritiesFvNiGainLoss`	$12.95M	USD	1 Quarter
Change in fair value of equity securities	`EquitySecuritiesFvNiGainLoss`	$-11.74M	USD	2 Qtrs
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$387.95K	USD	2 Qtrs
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$186.21K	USD	1 Quarter
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$372.43K	USD	2 Qtrs
Amortization of cost of insurance acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$193.98K	USD	1 Quarter
Depreciation	`Depreciation`	$594.40K	USD	2 Qtrs
Depreciation	`Depreciation`	$239.51K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$246.53K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$218.29K	USD	2 Qtrs
Charges for mortality and administration of universal life and annuity products	`ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts`	$3.24M	USD	2 Qtrs
Charges for mortality and administration of universal life and annuity products	`ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts`	$3.16M	USD	2 Qtrs
Interest credited to account balances	`InterestCreditedToPolicyholdersAccountBalances`	$2.01M	USD	2 Qtrs
Interest credited to account balances	`InterestCreditedToPolicyholdersAccountBalances`	$2.05M	USD	2 Qtrs
Change in accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-140.59K	USD	2 Qtrs
Change in accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-151.57K	USD	2 Qtrs
Change in reinsurance receivables	`IncreaseDecreaseInReinsuranceRecoverable`	$-338.49K	USD	2 Qtrs
Change in reinsurance receivables	`IncreaseDecreaseInReinsuranceRecoverable`	$-646.54K	USD	2 Qtrs
Change in policy liabilities and accruals	`IncreaseDecreaseInInsuranceLiabilities`	$-1.32M	USD	2 Qtrs
Change in policy liabilities and accruals	`IncreaseDecreaseInInsuranceLiabilities`	$-2.22M	USD	2 Qtrs
Change in income taxes receivable (payable)	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$472.32K	USD	2 Qtrs
Change in income taxes receivable (payable)	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-25.24K	USD	2 Qtrs
Change in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.14M	USD	2 Qtrs
Change in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.84M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.69M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.89M	USD	2 Qtrs
Fixed maturities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$4.57M	USD	2 Qtrs
Fixed maturities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$12.25M	USD	2 Qtrs
Equity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesEquity`	$16.19M	USD	2 Qtrs
Equity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesEquity`	$4.94M	USD	2 Qtrs
Mortgage loans	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$4.38M	USD	2 Qtrs
Mortgage loans	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$230.12K	USD	2 Qtrs
Real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$3.42M	USD	2 Qtrs
Real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$10.69M	USD	2 Qtrs
Notes receivable	`ProceedsFromSaleAndCollectionOfNotesReceivable`	$3.33M	USD	2 Qtrs
Notes receivable	`ProceedsFromSaleAndCollectionOfNotesReceivable`	$1.83M	USD	2 Qtrs
Policy loans	`ProceedsFromCollectionOfPolicyLoans`	$713.24K	USD	2 Qtrs
Policy loans	`ProceedsFromCollectionOfPolicyLoans`	$930.64K	USD	2 Qtrs
Short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$6.00M	USD	2 Qtrs
Short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	-	USD	2 Qtrs
Total proceeds from investments sold and matured	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$27.33M	USD	2 Qtrs
Total proceeds from investments sold and matured	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$42.14M	USD	2 Qtrs
Fixed maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.51M	USD	2 Qtrs
Fixed maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$9.04M	USD	2 Qtrs
Equity securities	`PaymentsToAcquireAvailableForSaleSecuritiesEquity`	$10.29M	USD	2 Qtrs
Equity securities	`PaymentsToAcquireAvailableForSaleSecuritiesEquity`	$115.01K	USD	2 Qtrs
Trading securities	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	-	USD	2 Qtrs
Trading securities	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$132.52K	USD	2 Qtrs
Mortgage loans	`PaymentsToAcquireMortgageNotesReceivable`	$5.10M	USD	2 Qtrs
Mortgage loans	`PaymentsToAcquireMortgageNotesReceivable`	$4.01M	USD	2 Qtrs
Real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	-	USD	2 Qtrs
Real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$1.41M	USD	2 Qtrs
Notes receivable	`PaymentsToAcquireNotesReceivable`	$3.50M	USD	2 Qtrs
Notes receivable	`PaymentsToAcquireNotesReceivable`	$7.53M	USD	2 Qtrs
Policy loans	`PaymentsToFundPolicyLoans`	$618.47K	USD	2 Qtrs
Policy loans	`PaymentsToFundPolicyLoans`	$705.91K	USD	2 Qtrs
Short-term investments	`PaymentsToAcquireShortTermInvestments`	$7.89M	USD	2 Qtrs
Short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	2 Qtrs
Total cost of investments acquired	`PaymentsToAcquireInvestments`	$16.41M	USD	2 Qtrs
Total cost of investments acquired	`PaymentsToAcquireInvestments`	$36.43M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.70M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$10.92M	USD	2 Qtrs
Policyholder contract deposits	`ProceedsFromPolicyholderContractDeposits`	$2.41M	USD	2 Qtrs
Policyholder contract deposits	`ProceedsFromPolicyholderContractDeposits`	$2.28M	USD	2 Qtrs
Policyholder contract withdrawals	`PolicyholderContractWithdrawals`	$2.12M	USD	2 Qtrs
Policyholder contract withdrawals	`PolicyholderContractWithdrawals`	$2.76M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$561.34K	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$450.06K	USD	2 Qtrs
Non controlling contributions (distributions) of consolidated subsidiary	`ProceedsFromPaymentsToMinorityShareholders`	$-245.75K	USD	2 Qtrs
Non controlling contributions (distributions) of consolidated subsidiary	`ProceedsFromPaymentsToMinorityShareholders`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-285.44K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.15M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$5.08M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$529.83K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.32M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.15M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.15M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.23M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.50M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$128.13M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$107.08M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$117.30M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$134.17M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$122.53M	USD	Point-in-time
Common stock issued during year	`StockIssuedDuringPeriodValueNewIssues`	$16.74K	USD	1 Quarter
Common stock issued during year	`StockIssuedDuringPeriodValueNewIssues`	$246.53K	USD	2 Qtrs
Common stock issued during year	`StockIssuedDuringPeriodValueNewIssues`	$218.29K	USD	2 Qtrs
Common stock issued during year	`StockIssuedDuringPeriodValueNewIssues`	$16.74K	USD	1 Quarter
Treasury shares acquired	`StockRepurchasedAndRetiredDuringPeriodValue`	$139.45K	USD	1 Quarter
Treasury shares acquired	`StockRepurchasedAndRetiredDuringPeriodValue`	$450.06K	USD	2 Qtrs
Treasury shares acquired	`StockRepurchasedAndRetiredDuringPeriodValue`	$561.34K	USD	2 Qtrs
Treasury shares acquired	`StockRepurchasedAndRetiredDuringPeriodValue`	$348.96K	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLoss`	$2.71M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLoss`	$11.71M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLoss`	$-3.27M	USD	2 Qtrs
Net income (loss) attributable to common shareholders	`NetIncomeLoss`	$14.36M	USD	2 Qtrs
Unrealized holding income on securities net of noncontrolling interest and reclassification adjustment and taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$7.00M	USD	2 Qtrs
Unrealized holding income on securities net of noncontrolling interest and reclassification adjustment and taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$6.11M	USD	2 Qtrs
Unrealized holding income on securities net of noncontrolling interest and reclassification adjustment and taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$5.25M	USD	1 Quarter
Unrealized holding income on securities net of noncontrolling interest and reclassification adjustment and taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$3.11M	USD	1 Quarter
Contributions	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	-	USD	1 Quarter
Contributions	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	-	USD	2 Qtrs
Contributions	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	-	USD	1 Quarter
Contributions	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	-	USD	2 Qtrs
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$245.75K	USD	2 Qtrs
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	1 Quarter
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	1 Quarter
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	2 Qtrs
Gain attributable to noncontrolling interest	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$107.78K	USD	1 Quarter
Gain attributable to noncontrolling interest	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$261.51K	USD	2 Qtrs
Gain attributable to noncontrolling interest	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$65.75K	USD	2 Qtrs
Gain attributable to noncontrolling interest	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$33.51K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$131.50M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$128.13M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$107.08M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$117.30M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$134.17M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$122.53M	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$2.82M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.20M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$14.62M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$11.75M	USD	1 Quarter
Unrealized holding gains (losses) arising during period, pre-tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$6.60M	USD	1 Quarter
Unrealized holding gains (losses) arising during period, pre-tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$8.86M	USD	2 Qtrs
Unrealized holding gains (losses) arising during period, pre-tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$8.07M	USD	2 Qtrs
Unrealized holding gains (losses) arising during period, pre-tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$3.93M	USD	1 Quarter
Tax (expense) benefit on unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.69M	USD	2 Qtrs
Tax (expense) benefit on unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.86M	USD	2 Qtrs
Tax (expense) benefit on unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$824.26K	USD	1 Quarter
Tax (expense) benefit on unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.39M	USD	1 Quarter
Unrealized holding gains (losses) arising during period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.21M	USD	1 Quarter
Unrealized holding gains (losses) arising during period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.00M	USD	2 Qtrs
Unrealized holding gains (losses) arising during period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.37M	USD	2 Qtrs
Unrealized holding gains (losses) arising during period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.10M	USD	1 Quarter
Less reclassification adjustment for (gains) losses included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$5.23K	USD	2 Qtrs
Less reclassification adjustment for (gains) losses included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$338.22K	USD	2 Qtrs
Less reclassification adjustment for (gains) losses included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-53.26K	USD	1 Quarter
Less reclassification adjustment for (gains) losses included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-9.83K	USD	1 Quarter
Tax expense (benefit) for gains included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-11.19K	USD	1 Quarter
Tax expense (benefit) for gains included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-2.06K	USD	1 Quarter
Tax expense (benefit) for gains included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.10K	USD	2 Qtrs
Tax expense (benefit) for gains included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$71.03K	USD	2 Qtrs
Reclassification adjustment for (gains) losses included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-42.08K	USD	1 Quarter
Reclassification adjustment for (gains) losses included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.13K	USD	2 Qtrs
Reclassification adjustment for (gains) losses included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.76K	USD	1 Quarter
Reclassification adjustment for (gains) losses included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$267.20K	USD	2 Qtrs
Subtotal: Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	2 Qtrs
Subtotal: Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.11M	USD	2 Qtrs
Subtotal: Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.11M	USD	1 Quarter
Subtotal: Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.25M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.91M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$17.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$21.61M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.93M	USD	1 Quarter
Less comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$65.75K	USD	2 Qtrs
Less comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$107.78K	USD	1 Quarter
Less comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$261.51K	USD	2 Qtrs
Less comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$33.51K	USD	1 Quarter
Comprehensive income (loss) attributable to UTG, Inc.	`ComprehensiveIncomeNetOfTax`	$2.84M	USD	2 Qtrs
Comprehensive income (loss) attributable to UTG, Inc.	`ComprehensiveIncomeNetOfTax`	$16.97M	USD	1 Quarter
Comprehensive income (loss) attributable to UTG, Inc.	`ComprehensiveIncomeNetOfTax`	$21.35M	USD	2 Qtrs
Comprehensive income (loss) attributable to UTG, Inc.	`ComprehensiveIncomeNetOfTax`	$5.82M	USD	1 Quarter

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