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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Assets          
Available for sale securities $ 17,155,562 $ 15,463,578   $ 11,735,387  
Cash and cash equivalents 2,177,660 3,145,745 $ 4,419,597 2,466,526 $ 575,005
Investment income due and accrued 94,458 100,713   78,540  
Reinsurance related assets 31,597 31,390   21,444  
Deferred acquisition costs, net 186,846 153,792   86,053 52,808
Property, equipment and software, net 236,265 244,849   283,582  
Other assets 889,468 48,448   7,504  
Total assets 20,771,856 19,191,989   14,802,198  
Liabilities:          
Deposit-type contracts 3,856,221 3,398,170   1,573,988 686,316
Policyholder benefit reserves 4,609,783 4,220,215   2,576,964  
Advance premiums 133,191 121,944   69,573  
Total policy liabilities 8,599,195 7,740,329   4,220,525  
Accounts payable and accrued expenses 69,268 66,472   85,888  
Other liabilities 813,909 4,205   4,992  
Total liabilities 9,482,372 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 558,371 556,595   517,725  
Additional paid-in capital 18,069,599 18,017,163   17,018,285  
Accumulated deficit (7,600,984) (7,432,236)   (6,146,463)  
Accumulated other comprehensive income (loss) 262,498 239,461   (100,477)  
Total shareholders' equity 11,289,484 11,380,983 $ 12,317,474 10,490,793 $ 7,280,068
Total liabilities and shareholders' equity 20,771,856 19,191,989   14,802,198  
Fixed Maturities [Member]          
Assets          
Available for sale securities 11,688,456 10,320,074   8,131,119  
Equities, Including Equity Securities and Other Equity Investments [Member]          
Assets          
Available for sale securities $ 5,467,106 $ 5,143,504   $ 3,604,268