XML 34 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
Fair Value of Financial Instruments - Fair Value of Invested Assets (Details) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Fixed maturity investments available for sale:    
U.S. treasury securities $ 24,146,658 $ 24,034,291
Certificates of deposit 62,275,000 58,127,000
Total fixed maturities 86,421,658 82,161,291
Cash and short term investments 7,348,531 15,975,298
Total financial instruments at fair value 93,770,189 98,136,589
Level 1    
Fixed maturity investments available for sale:    
U.S. treasury securities 24,146,658 24,034,291
Certificates of deposit 0 0
Total fixed maturities 24,146,658 24,034,291
Cash and short term investments 7,348,531 15,975,298
Total financial instruments at fair value 31,495,189 40,009,589
Level 2    
Fixed maturity investments available for sale:    
U.S. treasury securities 0 0
Certificates of deposit 62,275,000 58,127,000
Total fixed maturities 62,275,000 58,127,000
Cash and short term investments 0 0
Total financial instruments at fair value 62,275,000 58,127,000
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