XML 69 R51.htm IDEA: XBRL DOCUMENT v3.25.1
Note 4 - Fair Value Measurements - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Debt Securities Fair Value $ 79,578,179 $ 74,509,520
Other invested assets 1,109,606 2,239,683
Limited partnership interests 428,170 389,827
US Treasury Securities [Member]    
Debt Securities Fair Value 711,377 724,668
Corporate Debt Securities [Member]    
Debt Securities Fair Value 21,491,820 17,813,362
US States and Political Subdivisions Debt Securities [Member]    
Debt Securities Fair Value 4,741,149 5,636,093
Redeemable Preferred Stock [Member]    
Debt Securities Fair Value 2,411,234 3,305,569
Term Loans [Member]    
Debt Securities Fair Value 12,788,304 17,052,420
Collateralized Mortgage-Backed Securities [Member]    
Debt Securities Fair Value 37,434,295 29,977,408
Fair Value, Recurring [Member]    
Debt Securities Fair Value 79,578,179 74,509,520
Equity securities, fair value 3,876,085 3,585,885
Other invested assets 1,109,606 2,239,683
Reinsurance contract allocated hedge 713,114 673,681
Limited partnership interests 428,170 389,827
Investments, fair value 85,705,154 81,398,596
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Debt Securities Fair Value 711,377 724,668
Equity securities, fair value 2,271,495 2,017,756
Other invested assets 0 0
Reinsurance contract allocated hedge 0 0
Limited partnership interests 0 0
Investments, fair value 2,982,872 2,742,424
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Securities Fair Value 65,565,148 56,075,332
Equity securities, fair value 1,604,590 1,568,129
Other invested assets 0 0
Reinsurance contract allocated hedge 0 0
Limited partnership interests 0 0
Investments, fair value 67,169,738 57,643,461
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Debt Securities Fair Value 13,301,654 17,709,520
Equity securities, fair value 0 0
Other invested assets 1,109,606 2,239,683
Reinsurance contract allocated hedge 713,114 673,681
Limited partnership interests 428,170 389,827
Investments, fair value 15,552,544 21,012,711
Fair Value, Recurring [Member] | US Treasury Securities [Member]    
Debt Securities Fair Value 711,377 724,668
Fair Value, Recurring [Member] | US Treasury Securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Debt Securities Fair Value 711,377 724,668
Fair Value, Recurring [Member] | US Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | US Treasury Securities [Member] | Fair Value, Inputs, Level 3 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | Corporate Debt Securities [Member]    
Debt Securities Fair Value 21,491,820 17,813,362
Fair Value, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Securities Fair Value 21,322,220 17,643,762
Fair Value, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]    
Debt Securities Fair Value 169,600 169,600
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]    
Debt Securities Fair Value 4,741,149 5,636,093
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Securities Fair Value 4,741,149 5,636,093
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | Redeemable Preferred Stock [Member]    
Debt Securities Fair Value 2,411,234 3,305,569
Fair Value, Recurring [Member] | Redeemable Preferred Stock [Member] | Fair Value, Inputs, Level 1 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | Redeemable Preferred Stock [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Securities Fair Value 2,411,234 3,305,569
Fair Value, Recurring [Member] | Redeemable Preferred Stock [Member] | Fair Value, Inputs, Level 3 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | Term Loans [Member]    
Debt Securities Fair Value 12,788,304 17,052,420
Fair Value, Recurring [Member] | Term Loans [Member] | Fair Value, Inputs, Level 1 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | Term Loans [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | Term Loans [Member] | Fair Value, Inputs, Level 3 [Member]    
Debt Securities Fair Value 12,788,304 17,052,420
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member]    
Debt Securities Fair Value 37,434,295 29,977,408
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Debt Securities Fair Value 0 0
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Securities Fair Value 37,090,545 29,489,908
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]    
Debt Securities Fair Value 343,750 487,500
Fair Value, Recurring [Member] | Common Stock [Member]    
Equity securities, fair value 2,395,195 2,116,356
Fair Value, Recurring [Member] | Common Stock [Member] | Fair Value, Inputs, Level 1 [Member]    
Equity securities, fair value 2,271,495 2,017,756
Fair Value, Recurring [Member] | Common Stock [Member] | Fair Value, Inputs, Level 2 [Member]    
Equity securities, fair value 123,700 98,600
Fair Value, Recurring [Member] | Common Stock [Member] | Fair Value, Inputs, Level 3 [Member]    
Equity securities, fair value 0 0
Fair Value, Recurring [Member] | Preferred Stock [Member]    
Equity securities, fair value 1,480,890 1,469,529
Fair Value, Recurring [Member] | Preferred Stock [Member] | Fair Value, Inputs, Level 1 [Member]    
Equity securities, fair value 0 0
Fair Value, Recurring [Member] | Preferred Stock [Member] | Fair Value, Inputs, Level 2 [Member]    
Equity securities, fair value 1,480,890 1,469,529
Fair Value, Recurring [Member] | Preferred Stock [Member] | Fair Value, Inputs, Level 3 [Member]    
Equity securities, fair value $ 0 $ 0