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Consolidated Statements of Comprehensive Loss - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Dec. 31, 2015
Income:        
Premium income $ 1,749,928 $ 1,357,372 $ 5,948,978 $ 4,143,344
Net investment income 126,020 91,261 449,951 291,208
Net realized (loss) gain on sale of securities 192,405 10,838 100,378 (1,524)
Other income 20,202 13,405 87,566 34,101
Total income 2,088,555 1,472,876 6,586,873 4,467,129
Expenses:        
Death claims 392,588 116,527 651,844 363,870
Policyholder benefits 973,724 722,145 3,207,074 2,166,113
Increase in policyholder reserves 264,978 359,552 1,440,737 1,214,695
Commissions, net of deferrals 124,291 108,215 457,671 361,943
Amortization of deferred acquisition costs 37,764 37,457 153,671 113,294
Salaries & benefits 178,192 188,367 752,534 683,383
Other operating expenses 285,766 267,330 1,209,115 901,208
Total expense 2,257,303 1,799,593 7,872,646 5,804,506
Net loss (168,748) (326,717) (1,285,773) (1,337,377)
Unrealized net holding (losses) gains arising during the period 215,442 282,417 440,316 (389,083)
Reclassification adjustment for loss (gains) included in net loss (192,405) (10,838) (100,378) 1,524
Other comprehensive (loss) income 23,037 271,579 339,938 (387,559)
Comprehensive loss $ (145,711) $ (55,138) $ (945,835) $ (1,724,936)
Net loss per common share, basic and diluted (in dollars per share) $ (0.03) $ (0.06) $ (0.24) $ (0.30)