Fair Value of Financial Instruments - Fair Value of Invested Assets (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
U.S. treasury securities	$ 25,153,905	$ 20,069,556
Certificates of deposit	19,489,000	15,089,000
Total fixed maturities	44,642,905	35,158,556
Cash and short term investments	62,260,900	72,568,570
Total financial instruments at fair value	106,903,805	107,727,126
Level 1
U.S. treasury securities	25,153,905	20,069,556
Certificates of deposit	0	0
Total fixed maturities	25,153,905	20,069,556
Cash and short term investments	62,260,900	72,568,570
Total financial instruments at fair value	87,414,805	92,638,126
Level 2
U.S. treasury securities	0	0
Certificates of deposit	19,489,000	15,089,000
Total fixed maturities	19,489,000	15,089,000
Cash and short term investments	0	0
Total financial instruments at fair value	19,489,000	15,089,000
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 at fair value	$ 0	$ 0