Fair Value Disclosures (Tables)

6 Months Ended

Jun. 30, 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 June 30, 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	$	1,321,469	$	—	$	—	$	1,321,469
MBS/ABS/CMBS		—		36,408,799		—		36,408,799
Corporate		—		31,157,991		—		31,157,991
Municipal		—		20,806,584		—		20,806,584
Total fixed maturity securities		1,321,469		88,373,374		—		89,694,843
Equity securities
Common stocks		12,907,136		—		—		12,907,136
Preferred stocks		—		65,650		—		65,650
Total equity securities		12,907,136		65,650		—		12,972,786
Total AFS securities	$	14,228,605	$	88,439,024	$	—	$	102,667,629

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