Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Revenues and income before income taxes by segment

Revenues, income (loss) before income taxes, and assets by segment are as follows:

	Three Months Ended						Six Months Ended
	June 30						June 30
	2016			2015			2016			2015
Revenues
Insurance company operation	$	7,997,979		$	7,594,589		$	15,848,710		$	14,719,270
Other insurance operations		3,543,106			3,382,306			6,741,252			6,523,946
Intersegment eliminations (1)		(2,818,453	)		(2,663,204	)		(5,337,652	)		(5,097,326	)
Total other insurance operations		724,653			719,102			1,403,600			1,426,620
Total revenues	$	8,722,632		$	8,313,691		$	17,252,310		$	16,145,890
Income (Loss) Before Income Taxes
Insurance company operation	$	304,736		$	254,512		$	558,489		$	(2,068	)
Other insurance operations		(96,142	)		(71,839	)		(619,921	)		(406,296	)
Total income (loss) before income taxes	$	208,594		$	182,673		$	(61,432	)	$	(408,364	)

Assets by segemnt

Assets by segment are as follows:

	June 30			December 31
	2016			2015
Assets
Insurance company operation	$	127,015,998		$	126,406,439
Intersegment eliminations (2)		(1,491,520	)		(1,409,797	)
Total insurance company operation		125,524,478			124,996,642
Other insurance operations		16,018,945			15,173,793
Total assets	$	141,543,423		$	140,170,435

(2) Intersegment asset eliminations reflect the elimination of Crusader receivables from Unifax and Unifax payables to Crusader.