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Fair Value of Financial Instruments - Fair Value of Invested Assets (Details) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Fixed maturity investments available for sale:    
U.S. treasury securities $ 29,163,156 $ 20,069,556
Certificates of deposit 39,095,000 15,089,000
Total fixed maturities 68,258,156 35,158,556
Cash and short term investments 38,654,471 72,568,570
Total financial instruments at fair value 106,912,627 107,727,126
Level 1    
Fixed maturity investments available for sale:    
U.S. treasury securities 29,163,156 20,069,556
Certificates of deposit 0 0
Total fixed maturities 29,163,156 20,069,556
Cash and short term investments 38,654,471 72,568,570
Total financial instruments at fair value 67,817,627 92,638,126
Level 2    
Fixed maturity investments available for sale:    
U.S. treasury securities 0 0
Certificates of deposit 39,095,000 15,089,000
Total fixed maturities 39,095,000 15,089,000
Cash and short term investments 0 0
Total financial instruments at fair value 39,095,000 15,089,000
Level 3    
Fixed maturity investments available for sale:    
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