Fair Value Disclosures (Tables)

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Summary of Assets Measured at Fai Value on a recurring Basis

Assets measured at fair value on a recurring basis as of December 31, 2017, are as summarized below:

			Significant
	Quoted in Active		Other		Significant
	Markets for		Observable		Unobservable
	Identical Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
AFS securities
Fixed maturity securities
U.S. treasury	$	1,333,725	$	—	$	—	$	1,333,725
MBS/ABS/CMBS		—		31,518,662		—		31,518,662
Corporate		—		31,989,174		—		31,989,174
Municipal		—		24,763,512		—		24,763,512
Total fixed maturity securities		1,333,725		88,271,348		—		89,605,073
Equity securities
Common stocks		8,534,109		—		—		8,534,109
Preferred stocks		—		3,867,429		—		3,867,429
Total equity securities		8,534,109		3,867,429		—		12,401,538
Total AFS securities	$	9,867,834	$	92,138,777	$	—	$	102,006,611

Assets measured at fair value on a recurring basis as of December 31, 2016, are as summarized below:

			Significant
	Quoted in Active		Other		Significant
	Markets for		Observable		Unobservable
	Identical Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
AFS securities
Fixed maturity securities
U.S. treasury	$	1,241,125	$	—	$	—	$	1,241,125
MBS/ABS/CMBS		—		19,677,200		—		19,677,200
Corporate		—		28,344,907		—		28,344,907
Municipal		—		14,870,791		—		14,870,791
Total fixed maturity securities		1,241,125		62,892,898		—		64,134,023
Equity securities
Common stocks		6,982,547		—		—		6,982,547
Preferred stocks		—		2,798,413		—		2,798,413
Total equity securities		6,982,547		2,798,413		—		9,780,960
Total AFS securities	$	8,223,672	$	65,691,311	$	—	$	73,914,983