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Note 2 - Investments (Tables)
 6 Months Ended
Jun. 30, 2016
Notes Tables  
Available-for-sale Securities [Table Text Block]
 
 
June 30, 2016
 
 
 
Cost or
 
 
Gross
 
 
Gross
 
 
 
 
 
 
 
Amortized
 
 
Unrealized
 
 
Unrealized
 
 
 
 
 
 
 
Cost
 
 
Gains
 
 
Losses
 
 
Fair Value
 
 
 
(unaudited)
 
Available for sale:
                                
Fixed maturities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US Treasury securities
 
$
313,150
 
 
$
1,700
 
 
$
-
 
 
$
314,850
 
Corporate bonds
 
 
2,924,809
 
 
 
124,256
 
 
 
(12,677
)
 
 
3,036,388
 
Municipal bonds
 
 
2,514,824
 
 
 
199,193
 
 
 
-
 
 
 
2,714,017
 
Mortgage backed and asset backed securities
 
 
3,595,324
 
 
 
96,633
 
 
 
(1,949
)
 
 
3,690,008
 
Total fixed maturities
 
 
9,348,107
 
 
 
421,782
 
 
 
(14,626
)
 
 
9,755,263
 
Equities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equities
 
 
4,059,768
 
 
 
262,734
 
 
 
(118,961
)
 
 
4,203,541
 
Other equity investments
 
 
189,606
 
 
 
24,822
 
 
 
(582
)
 
 
213,846
 
Total equities
 
 
4,249,374
 
 
 
287,556
 
 
 
(119,543
)
 
 
4,417,387
 
Total available for sale
 
$
13,597,481
 
 
$
709,338
 
 
$
(134,169
)
 
$
14,172,650
 
   
December 31, 2015
  
   
Cost or
Amortized
Cost
    
Gross
Unrealized
Gains
    
Gross
Unrealized
Losses
    
Fair Value
  
Available for sale:
                                
Fixed maturities:
                                
US Treasury securities
   $ 461,132     $ -     $ (34,816 )   $ 426,316  
Corporate bonds
     3,039,539       15,715       (143,701 )     2,911,553  
Municipal bonds
     1,726,098       28,634       (10,595 )     1,744,137  
Mortgage backed and asset backed securities
     3,083,390       19,554       (53,831 )     3,049,113  
Total fixed maturities
     8,310,159       63,903       (242,943 )     8,131,119  
Equities:
                                
Equities
     3,387,927       219,883       (177,756 )     3,430,054  
Other equity investments
     137,778       36,436       -       174,214  
Total equities
     3,525,705       256,319       (177,756 )     3,604,268  
Total available for sale
   $ 11,835,864     $ 320,222     $ (420,699 )   $ 11,735,387  
Investments Classified by Contractual Maturity Date [Table Text Block]
   
Amortized
          
   
Cost
    
Fair Value
  
   
(unaudited)
  
Amounts maturing in:                
After one year through five years
   $ 953,840     $ 971,715  
After five years through ten years
     1,441,509       1,494,889  
More than 10 years
     3,357,434       3,598,651  
Mortgage backed and asset backed securities
     3,595,324       3,690,008  
Total fixed maturities
   $ 9,348,107     $ 9,755,263  
Realized Gain (Loss) on Investments [Table Text Block]
   
Six Months Ended June 30,
  
   
(unaudited)
  
   
2016
    
2015
  
Gross gains
  
$
12,830
    $ 102  
Gross losses
    
(2,066
)
    -  
Net security (losses) gains
  
$
10,764
    $ 102  
   
Three Months Ended June 30,
  
   
(unaudited)
  
   
2016
    
2015
  
Gross gains
  
$
1,992
    $ 102  
Gross losses
    
(2,066
)
    -  
Net security (losses) gains
  
$
(74
)
  $ 102  
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]
   
(unaudited)
  
 
 
Less than 12 months
 
 
Greater than 12 months
 
 
Total
 
 
 
Fair
 
 
Unrealized
 
 
Fair
 
 
Unrealized
 
 
Fair
 
 
Unrealized
 
 
 
Value
 
 
Loss
 
 
Value
 
 
Loss
 
 
Value
 
 
Loss
 
June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed maturities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate bonds
 
$
46,903
 
 
$
(3,029
)
 
$
241,023
 
 
$
(9,648
)
 
$
287,926
 
 
$
(12,677
)
Mortgage backed and asset backed securities
 
 
37,436
 
 
 
(36
)
 
 
143,604
 
 
 
(1,913
)
 
 
181,040
 
 
 
(1,949
)
Total fixed maturities
 
 
84,339
 
 
 
(3,065
)
 
 
384,627
 
 
 
(11,561
)
 
 
468,966
 
 
 
(14,626
)
Equities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equities
 
 
790,276
 
 
 
(24,304
)
 
 
1,163,760
 
 
 
(94,657
)
 
 
1,954,036
 
 
 
(118,961
)
Other equity investments
 
 
40,936
 
 
 
(582
)
 
 
-
 
 
 
-
 
 
 
40,936
 
 
 
(582
)
Total equities
 
 
831,212
 
 
 
(24,886
)
 
 
1,163,760
 
 
 
(94,657
)
 
 
1,994,972
 
 
 
(119,543
)
Total available for sale
 
$
915,551
 
 
$
(27,951
)
 
$
1,548,387
 
 
$
(106,218
)
 
$
2,463,938
 
 
$
(134,169
)
   
(audited)
  
   
Less than 12 months
    
Greater than 12 months
    
Total
  
   
Fair
Value
    
Unrealized
Loss
    
Fair
Value
    
Unrealized
Loss
    
Fair
Value
    
Unrealized
Loss
  
December 31, 2015
                                                
Available for sale:
                                                
Fixed maturities:
                                                
US Treasury securities
   $ 197,719     $ (1,351 )   $ 228,597     $ (33,465 )   $ 426,316     $ (34,816 )
Corporate bonds
     2,141,253       (143,701 )     -       -       2,141,253       (143,701 )
Municipal bonds
     675,885       (10,595 )     -       -       675,885       (10,595 )
Mortgage backed and asset backed securities
     1,943,017       (39,189 )     438,173       (14,642 )     2,381,190       (53,831 )
Total fixed maturities
     4,957,874       (194,836 )     666,770       (48,107 )     5,624,644       (242,943 )
Equities:
                                                
Equities
     1,036,877       (75,352 )     820,370       (102,404 )     1,857,247       (177,756 )
Total equities
     1,036,877       (75,352 )     820,370       (102,404 )     1,857,247       (177,756 )
Total available for sale
   $ 5,994,751     $ (270,188 )   $ 1,487,140     $ (150,511 )   $ 7,481,891     $ (420,699 )