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Note 2 - Investments (Tables)
 3 Months Ended
Mar. 31, 2017
Notes Tables  
Available-for-sale Securities [Table Text Block]
 
  
March 31, 2017
  
 
  
Cost or
    
Gross
    
Gross
  
 
 
 
  
 
  
Amortized
    
Unrealized
    
Unrealized
  
 
 
 
  
 
  
Cost
    
Gains
    
Losses
    
Fair Value
  
Available for sale:
  
(Unaudited)
  
Fixed maturities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
US Treasury securities
 
$
315,229
 
 
$
-
 
 
$
(12,646
)
 
$
302,583
  
Corporate bonds
 
 
4,417,718
 
 
 
71,032
 
 
 
(36,034
)
 
 
4,452,716
  
Municipal bonds
 
 
3,624,678
 
 
 
62,399
 
 
 
(30,087
)
 
 
3,656,990
  
Mortgage backed and asset backed securities
 
 
3,276,332
 
 
 
39,488
 
 
 
(39,653
)
 
 
3,276,167
  
Total fixed maturities
 
 
11,633,957
 
 
 
172,919
 
 
 
(118,420
)
 
 
11,688,456
  
Equities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
Equities
 
 
4,962,881
 
 
 
257,651
 
 
 
(85,109
)
 
 
5,135,423
  
Other equity investments
 
 
296,226
 
 
 
38,949
 
 
 
(3,492
)
 
 
331,683
  
Total equities
 
 
5,259,107
 
 
 
296,600
 
 
 
(88,601
)
 
 
5,467,106
  
Total available for sale
 
$
16,893,064
 
 
$
469,519
 
 
$
(207,021
)
 
$
17,155,562
  
 
  
December 31, 2016
  
 
  
Cost or
    
Gross
    
Gross
  
 
 
 
  
 
  
Amortized
    
Unrealized
    
Unrealized
  
 
 
 
  
 
  
Cost
    
Gains
    
Losses
    
Fair Value
  
Available for sale:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
Fixed maturities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
US Treasury securities
 
$
314,992
 
 
$
-
 
 
$
(15,830
)
 
$
299,162
  
Corporate bonds
 
 
3,828,418
 
 
 
62,712
 
 
 
(45,234
)
 
 
3,845,896
  
Municipal bonds
 
 
2,841,137
 
 
 
46,883
 
 
 
(38,191
)
 
 
2,849,829
  
Mortgage backed and asset backed securities
 
 
3,333,617
 
 
 
36,870
 
 
 
(45,300
)
 
 
3,325,187
  
Total fixed maturities
 
 
10,318,164
 
 
 
146,465
 
 
 
(144,555
)
 
 
10,320,074
  
Equities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
Equities
 
 
4,723,024
 
 
 
350,981
 
 
 
(131,757
)
 
 
4,942,248
  
Other equity investments
 
 
182,929
 
 
 
23,046
 
 
 
(4,719
)
 
 
201,256
  
Total equities
 
 
4,905,953
 
 
 
374,027
 
 
 
(136,476
)
 
 
5,143,504
  
Total available for sale
 
$
15,224,117
 
 
$
520,492
 
 
$
(281,031
)
 
$
15,463,578
  
Investments Classified by Contractual Maturity Date [Table Text Block]
   
As of March 31, 2017
  
   
Amortized Cost
    
Fair Value
  
Amounts maturing in:
  
(unaudited)
  
One year or less
   $
49,951
     $
49,929
  
After one year through five years
    
1,718,157
      
1,714,094
  
After five years through ten years
    
1,646,453
      
1,647,786
  
More than 10 years
    
4,943,064
      
5,000,480
  
Mortgage backed and asset backed securities
    
3,276,332
      
3,276,167
  
    $
11,633,957
     $
11,688,456
  
Realized Gain (Loss) on Investments [Table Text Block]
   
Quarter Ended March 31,
  
   
(unaudited)
  
   
2017
    
2016
  
Gross gains
  
$
192,405
    $
10,838
  
Gross losses
  
 
-
     
-
  
Net security gains
  
$
192,405
    $
10,838
  
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]
   
Less than 12 months
    
Greater than 12 months
    
Total
  
   
Fair
    
Unrealized
    
Fair
    
Unrealized
    
Fair
    
Unrealized
  
   
Value
    
Loss
    
Value
    
Loss
    
Value
    
Loss
  
March 31, 2017
  
Available for sale:
  
(unaudited)
  
Fixed maturities:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
US Treasury securities
  
$
302,583
   
$
(12,646
)
 
$
-
   
$
-
   
$
302,583
   
$
(12,646
)
Corporate bonds
  
 
2,057,429
   
 
(35,288
)
 
 
49,157
   
 
(746
)
 
 
2,106,586
   
 
(36,034
)
Municipal bonds
  
 
1,219,109
   
 
(30,087
)
 
 
-
   
 
-
   
 
1,219,109
   
 
(30,087
)
Mortgage backed and asset backed securities
  
 
1,564,225
   
 
(37,381
)
 
 
116,700
   
 
(2,272
)
 
 
1,680,925
   
 
(39,653
)
Total fixed maturities
  
 
5,143,346
   
 
(115,402
)
 
 
165,857
   
 
(3,018
)
 
 
5,309,203
   
 
(118,420
)
Equities:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Equities
  
 
1,648,897
   
 
(23,309
)
 
 
1,074,560
   
 
(61,800
)
 
 
2,723,457
   
 
(85,109
)
Other equity investments
  
 
109,804
   
 
(3,492
)
 
 
-
   
 
-
   
 
109,804
   
 
(3,492
)
Total equities
  
 
1,758,701
   
 
(26,801
)
 
 
1,074,560
   
 
(61,800
)
 
 
2,833,261
   
 
(88,601
)
Total available for sale
  
$
6,902,047
   
$
(142,203
)
 
$
1,240,417
   
$
(64,818
)
 
$
8,142,464
   
$
(207,021
)
   
Less than 12 months
    
Greater than 12 months
    
Total
  
   
Fair
    
Unrealized
    
Fair
    
Unrealized
    
Fair
    
Unrealized
  
   
Value
    
Loss
    
Value
    
Loss
    
Value
    
Loss
  
December 31, 2016
  
Available for sale:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Fixed maturities:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
US Treasury securities
  
$
299,162
   
$
(15,830
)
 
$
-
   
$
-
   
$
299,162
   
$
(15,830
)
Corporate bonds
  
 
1,897,000
   
 
(42,994
)
 
 
196,399
   
 
(2,240
)
 
 
2,093,399
   
 
(45,234
)
Municipal bonds
  
 
1,296,688
   
 
(38,191
)
 
 
-
   
 
-
   
 
1,296,688
   
 
(38,191
)
Mortgage backed and asset backed securities
  
 
1,700,173
   
 
(39,264
)
 
 
134,090
   
 
(6,036
)
 
 
1,834,263
   
 
(45,300
)
Total fixed maturities
  
 
5,193,023
   
 
(136,279
)
 
 
330,489
   
 
(8,276
)
 
 
5,523,512
   
 
(144,555
)
Equities:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Equities
  
 
1,007,860
   
 
(59,357
)
 
 
1,063,959
   
 
(72,400
)
 
 
2,071,819
   
 
(131,757
)
Other equity investments
  
 
52,840
   
 
(4,719
)
 
 
-
   
 
-
   
 
52,840
   
 
(4,719
)
Total equities
  
 
1,060,700
   
 
(64,076
)
 
 
1,063,959
   
 
(72,400
)
 
 
2,124,659
   
 
(136,476
)
Total available for sale
  
$
6,253,723
   
$
(200,355
)
 
$
1,394,448
   
$
(80,676
)
 
$
7,648,171
   
$
(281,031
)