Fair Value Disclosures (Tables)

3 Months Ended

Mar. 31, 2018

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 March  31, 2018, 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	$	1,324,026	$	—	$	—	$	1,324,026
MBS/ABS/CMBS		—		34,779,944		—		34,779,944
Corporate		—		31,717,913		—		31,717,913
Municipal		—		22,220,382		—		22,220,382
Total fixed maturity securities		1,324,026		88,718,239		—		90,042,265
Equity securities
Common stocks		12,467,829		—		—		12,467,829
Preferred stocks		—		65,725		—		65,725
Total equity securities		12,467,829		65,725		—		12,533,554
Total AFS securities	$	13,791,855	$	88,783,964	$	—	$	102,575,819

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