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Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income:    
Premium income $ 1,749,928 $ 1,357,372
Net investment income 126,020 91,261
Net realized gain on sale of securities 192,405 10,838
Other income 20,202 13,405
Total income 2,088,555 1,472,876
Expenses:    
Death claims 392,588 116,527
Policyholder benefits 973,724 722,145
Increase in policyholder reserves 264,978 359,552
Commissions, net of deferrals 124,291 108,215
Amortization of deferred acquisition costs 37,764 37,457
Salaries & benefits 178,192 188,367
Other operating expenses 285,766 267,330
Total expense 2,257,303 1,799,593
Net loss (168,748) (326,717)
Unrealized net holding gains arising during the period 215,442 282,417
Reclassification adjustment for loss (gains) included in net loss (192,405) (10,838)
Other comprehensive income 23,037 271,579
Comprehensive loss $ (145,711) $ (55,138)
Net loss per common share, basic and diluted (in dollars per share) $ (0.03) $ (0.06)