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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
Available for sale securities $ 15,463,578 $ 11,735,387
Cash and cash equivalents 3,145,745 2,466,526
Investment income due and accrued 100,713 78,540
Reinsurance related assets 31,390 21,444
Deferred acquisition costs, net 153,792 86,053
Property, equipment and software, net 244,849 283,582
Pre-paid expenses 3,474 123,162
Other assets 48,448 7,504
Total assets 19,191,989 14,802,198
Liabilities:    
Deposit-type contracts 3,398,170 1,573,988
Policyholder benefit reserves 4,220,215 2,576,964
Advance premiums 121,944 69,573
Total policy liabilities 7,740,329 4,220,525
Accounts payable and accrued expenses 66,472 85,888
Other liabilities 4,205 4,992
Total liabilities 7,811,006 4,311,405
Shareholders' Equity:    
Common stock, $0.10 par value. Authorized 9,000,000 shares; issued and outstanding 5,565,943 and 5,177,245 shares as of December 31, 2016 and 2015, respectively 556,595 517,725
Outstanding warrants 15,876
Common stock subscribed 13,799
Common stock subscription receivable 0 (827,952)
Additional paid-in capital 18,017,163 17,018,285
Accumulated deficit (7,432,236) (6,146,463)
Accumulated other comprehensive income (loss) 239,461 (100,477)
Total shareholders' equity 11,380,983 10,490,793
Total liabilities and shareholders' equity 19,191,989 14,802,198
Fixed Maturities [Member]    
Assets    
Available for sale securities 10,320,074 8,131,119
Equities, Including Equity Securities and Other Equity Investments [Member]    
Assets    
Available for sale securities $ 5,143,504 $ 3,604,268