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Note 2 - Investments - Amortized Cost and Fair Value of Available-for-sale and Held-to-maturity Investments (Details) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Cost or Amortized Cost $ 40,625,266 $ 40,054,185
Gross Unrealized Gains 2,635,666 204,871
Gross Unrealized Losses (287,430) (2,389,278)
Investments in available-for-sale securities, at fair value 42,973,502 37,869,778
One year or less, amortized cost 99,982
One year or less, fair value 100,248
After one year through five years, amortized cost 1,373,790 1,472,228
After one year through five years, fair value 1,417,814 1,462,745
After five years through ten years, amortized cost 3,336,835 2,101,676
After five years through ten years, fair value 3,624,467 2,055,173
More than 10 years, amortized cost 20,094,473 20,430,838
More than 10 years, fair value 22,148,825 19,492,496
Total amortized cost and fair value 28,637,496 27,957,697
Total amortized cost and fair value 31,122,483 26,882,239
Fixed Maturities [Member]    
Cost or Amortized Cost 28,637,496 27,957,697
Gross Unrealized Gains 2,500,295 173,366
Gross Unrealized Losses (15,308) (1,248,824)
Investments in available-for-sale securities, at fair value 31,122,483 26,882,239
Equity Securities [Member]    
Cost or Amortized Cost 11,987,770 12,096,488
Gross Unrealized Gains 135,371 31,505
Gross Unrealized Losses (272,122) (1,140,454)
Investments in available-for-sale securities, at fair value 11,851,019 10,987,539
US Treasury Securities [Member] | Fixed Maturities [Member]    
Cost or Amortized Cost 606,686 597,265
Gross Unrealized Gains 23,630
Gross Unrealized Losses (27,325)
Investments in available-for-sale securities, at fair value 630,316 569,940
Corporate Debt Securities [Member] | Fixed Maturities [Member]    
Cost or Amortized Cost 17,755,495 16,847,623
Gross Unrealized Gains 1,629,401 43,051
Gross Unrealized Losses (10,417) (1,048,313)
Investments in available-for-sale securities, at fair value 19,374,479 15,842,361
US States and Political Subdivisions Debt Securities [Member] | Fixed Maturities [Member]    
Cost or Amortized Cost 6,542,899 6,559,854
Gross Unrealized Gains 743,660 118,890
Gross Unrealized Losses (80,631)
Investments in available-for-sale securities, at fair value 7,286,559 6,598,113
Redeemable Preferred Stock [Member]    
Debt securities, amortized cost 99,560 99,560
Debt securities, fair value 106,920 90,840
Redeemable Preferred Stock [Member] | Fixed Maturities [Member]    
Cost or Amortized Cost 99,560 99,560
Gross Unrealized Gains 7,360
Gross Unrealized Losses (8,720)
Investments in available-for-sale securities, at fair value 106,920 90,840
Collateralized Mortgage Backed Securities [Member]    
Debt securities, amortized cost 3,632,856 3,853,395
Debt securities, fair value 3,724,209 3,780,985
Collateralized Mortgage Backed Securities [Member] | Fixed Maturities [Member]    
Cost or Amortized Cost 3,632,856 3,853,395
Gross Unrealized Gains 96,244 11,425
Gross Unrealized Losses (4,891) (83,835)
Investments in available-for-sale securities, at fair value $ 3,724,209 $ 3,780,985