Note 2 - Investments (Tables)

3 Months Ended

Mar. 31, 2019

Notes Tables

Available-for-sale Securities [Table Text Block]

	March 31, 2019
	Cost or		Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses			Fair Value
	(unaudited)
Available for sale:
Fixed maturities:
US Treasury securities	$	599,481	$	2,330	$	(12,027	)	$	589,784
Corporate bonds		17,453,101		318,065		(387,999	)		17,383,167
Municipal bonds		6,555,941		257,170		(13,071	)		6,800,040
Redeemable preferred stock		99,560		-		(360	)		99,200
Mortgage backed and asset backed securities		3,802,112		36,697		(39,252	)		3,799,557
Total fixed maturities		28,510,195		614,262		(452,709	)		28,671,748
Equities:
Equities		12,269,679		78,992		(453,205	)		11,895,466
Total available for sale	$	40,779,874	$	693,254	$	(905,914	)	$	40,567,214

	December 31, 2018
	Cost or		Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses			Fair Value
Available for sale:
Fixed maturities:
US Treasury securities	$	597,265	$	-	$	(27,325	)	$	569,940
Corporate bonds		16,847,623		43,051		(1,048,313	)		15,842,361
Municipal bonds		6,559,854		118,890		(80,631	)		6,598,113
Redeemable preferred stock		99,560		-		(8,720	)		90,840
Mortgage backed and asset backed securities		3,853,395		11,425		(83,835	)		3,780,985
Total fixed maturities		27,957,697		173,366		(1,248,824	)		26,882,239
Equities:
Equities		12,096,488		31,505		(1,140,454	)		10,987,539
Total available for sale	$	40,054,185	$	204,871	$	(2,389,278	)	$	37,869,778

Investments Classified by Contractual Maturity Date [Table Text Block]

	As of March 31, 2019				As of December 31, 2018
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(unaudited)
Amounts maturing in:
After one year through five years	$	1,573,995	$	1,591,192	$	1,472,228	$	1,462,745
After five years through ten years		2,142,756		2,181,773		2,101,676		2,055,173
More than 10 years		20,891,772		21,000,026		20,430,838		19,492,496
Redeemable preferred stocks		99,560		99,200		99,560		90,840
Mortgage backed and asset backed securities		3,802,112		3,799,557		3,853,395		3,780,985
Total amortized cost and fair value	$	28,510,195	$	28,671,748	$	27,957,697	$	26,882,239

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]

	Less than 12 months					Greater than 12 months					Total
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Loss			Value		Loss			Value		Loss
March 31, 2019
	(unaudited)
Available for sale:
Fixed maturities:
US Treasury securities	$	-	$	-		$	267,814	$	(12,027	)	$	267,814	$	(12,027	)
Corporate bonds		811,628		(17,017	)		7,950,659		(370,982	)		8,762,287		(387,999	)
Municipal bonds		-		-			844,658		(13,071	)		844,658		(13,071	)
Redeemable preferred stock		-		-			99,200		(360	)		99,200		(360	)
Mortgage backed and asset backed securities		-		-			2,437,299		(39,252	)		2,437,299		(39,252	)
Total fixed maturities		811,628		(17,017	)		11,599,630		(435,692	)		12,411,258		(452,709	)
Equities:
Equities		1,622,912		(34,956	)		8,745,952		(418,249	)		10,368,864		(453,205	)
Total available for sale	$	2,434,540	$	(51,973	)	$	20,345,582	$	(853,941	)	$	22,780,122	$	(905,914	)

	Less than 12 months					Greater than 12 months					Total
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Loss			Value		Loss			Value		Loss
December 31, 2018
Available for sale:
Fixed maturities:
US Treasury securities	$	251,206	$	(27,325	)	$	-	$	-		$	251,206	$	(27,325	)
Corporate bonds		11,743,222		(948,539	)		830,239		(99,774	)		12,573,461		(1,048,313	)
Municipal bonds		2,114,260		(51,267	)		859,305		(29,364	)		2,973,565		(80,631	)
Redeemable preferred stock		90,840		(8,720	)		-		-			90,840		(8,720	)
Mortgage backed and asset backed securities		544,714		(6,656	)		2,448,551		(77,179	)		2,993,265		(83,835	)
Total fixed maturities		14,744,242		(1,042,507	)		4,138,095		(206,317	)		18,882,337		(1,248,824	)
Equities:
Equities		3,312,528		(228,148	)		7,440,504		(912,306	)		10,753,032		(1,140,454	)
Total available for sale	$	18,056,770	$	(1,270,655	)	$	11,578,599	$	(1,118,623	)	$	29,635,369	$	(2,389,278	)