| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENT PORTFOLIO -SAM | 1,943,458 | 2,199,145 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AXA EQUITABLE LIFE INSURANCE POLICY | AT COST | 290,397 | 269,784 |
| JACKSON NATL LIFE INSURANCE POLICY | AT COST | 697,859 | 697,859 |
| GRIFFIN-CAPITAL REIT | FMV | 205,153 | 205,153 |
| AR HEALTHCARE TRUST II REIT | FMV | 83,420 | 83,420 |
| GRIFFIN AMERICAN HEALTHCARE | FMV | 449,028 | 449,028 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ANNUITY INCOME | 95,493 | 95,493 | 95,493 |
| Description | Amount |
|---|---|
| NET UNREALIZED GAIN/LOSS ON INVESTMENTS | 4,038 |
| PRIOR PERIOD ADJUSTMENT | 370,993 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 16,733 | 16,733 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 3,000 | 0 | 0 |