Fair Vaule of Financial Instruments - Fair Value of Invested Assets (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
U.S. treasury securities	$ 20,069,556	$ 5,086,806
Certificates of deposit	15,089,000	6,849,000
Total fixed maturities	35,158,556	11,935,806
Cash and short-term investments	72,568,570	94,183,705
Total financial instruments	107,727,126	106,119,511
Level 1
U.S. treasury securities	20,069,556	5,086,806
Certificates of deposit	0	0
Total fixed maturities	20,069,556	5,086,806
Cash and short-term investments	72,568,570	94,183,705
Total financial instruments	92,638,126	99,270,511
Level 2
U.S. treasury securities	0	0
Certificates of deposit	15,089,000	6,849,000
Total fixed maturities	15,089,000	6,849,000
Cash and short-term investments	0	0
Total financial instruments	15,089,000	6,849,000
Level 3
U.S. treasury securities	0	0
Certificates of deposit	0	0
Total fixed maturities	0	0
Cash and short-term investments	0	0
Total financial instruments	$ 0	$ 0

Cash includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the customer may deposit additional funds at any time and effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid Investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Short-term investments, exclusive of cash equivalents, generally consist of marketable securities intended to be sold within one year (or the normal operating cycle if longer) and may include trading securities, available-for-sale securities, or held-to-maturity securities (if maturing within one year), as applicable.

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A savings certificate entitling the Entity (that is, bearer) to receive interest at an established maturity date, based upon a fixed interest rate. A certificate of deposit may be issued in any denomination. Certificates of deposit are generally issued by commercial banks and, therefore, insured by the FDIC (up to the prescribed limit). Certificates of deposit generally restrict holders from withdrawing funds on demand without the incurrence of penalties. Generally, only certificates of deposit with original maturities of three months or less qualify as cash equivalents. Original maturity means original maturity to the entity holding the investment. As a related example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months.

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