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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Assets    
Available for sale securities $ 22,819,321 $ 15,463,578
Cash and cash equivalents 11,015,077 3,145,745
Investment income due and accrued 124,745 100,713
Policy loans 33,376
Reinsurance related assets 315,702 31,390
Deferred acquisition costs, net 3,083,154 153,792
Value of business acquired, net 605,677
Property, equipment and software, net 229,939 244,849
Goodwill 277,542
Other assets 241,517 51,922
Total assets 38,746,050 19,191,989
Liabilities:    
Deposit-type contracts 12,749,556 3,398,170
Policyholder benefit reserves 10,216,596 4,220,215
Advance premiums 836,805 121,944
Total policy liabilities 23,802,957 7,740,329
Accounts payable and accrued expenses 75,399 66,472
Other liabilities 551,485 4,205
Total liabilities 24,429,841 7,811,006
Shareholders' Equity:    
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,296,351 and 5,565,943 shares as of September 30, 2017 and December 31, 2016, respectively 729,636 556,595
Additional paid-in capital 21,319,758 18,017,163
Accumulated deficit (8,025,339) (7,432,236)
Accumulated other comprehensive income 292,154 239,461
Total shareholders' equity 14,316,209 11,380,983
Total liabilities and shareholders' equity 38,746,050 19,191,989
Fixed Maturities [Member]    
Assets    
Available for sale securities 15,153,824 10,320,074
Equities, Including Equity Securities and Other Equity Investments [Member]    
Assets    
Available for sale securities $ 7,665,497 $ 5,143,504