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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Fixed Maturities [Member]    
Assets    
Available for sale securities $ 9,755,263 $ 8,131,119
Equities, Including Equity Securities and Other Equity Investments [Member]    
Assets    
Available for sale securities 4,417,387 3,604,268
Available for sale securities 14,172,650 11,735,387
Cash and cash equivalents 3,535,682 2,466,526
Investment income due and accrued 82,717 78,540
Reinsurance related assets 138,142 21,444
Deferred acquisition costs, net 124,073 86,053
Property, equipment and software, net 264,178 283,582
Pre-paid expenses 72,438 123,162
Other assets 702 7,504
Total assets 18,390,582 14,802,198
Liabilities:    
Deposit-type contracts 2,402,115 1,573,988
Policyholder benefit reserves 3,616,529 2,576,964
Advance premiums 95,421 69,573
Total policy liabilities 6,114,065 4,220,525
Accounts payable and accrued expenses 39,997 85,888
Other liabilities 1,895 4,992
Total liabilities 6,155,957 4,311,405
Shareholders' Equity:    
Common stock, $0.10 par value. Authorized 9,000,000 shares; issued and outstanding 5,551,348 and 5,177,245 shares as of June 30, 2016 and December 31, 2015, respectively 555,135 517,725
Outstanding warrants 15,876
Common stock subscribed 13,799
Common stock subscription receivable 0 (827,952)
Additional paid-in capital 18,017,275 17,018,285
Accumulated deficit (6,912,954) (6,146,463)
Accumulated other comprehensive income (loss) 575,169 (100,477)
Total shareholders' equity 12,234,625 10,490,793
Total liabilities and shareholders' equity $ 18,390,582 $ 14,802,198