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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net earnings (loss) $ 467,288 [1] $ 613,921
Adjustments to reconcile net earnings to net cash used in operating activities    
Net realized investment gains (1,072,200) [1] (444,778)
Other-than-temporary impairment losses 57,316
Depreciation 310,857 [1] 428,161
Deferred income tax (37,143) [1] 190,257
Amortization of bond premium and discount 158,743 [1] 135,265
Stock-based compensation expense [1] 202,058  
Change in:    
Accrued investment income 19,223 [1] (122,970)
Premiums and reinsurance balances receivable, (net) (2,420,481) [1] (361,761)
Ceded unearned premiums (410,764) [1] (25,457)
Reinsurance balances payable 616,203 [1] 20,431
Reinsurance balances recoverable 1,742,247 [1] 2,364,744
Deferred policy acquisition costs (498,112) [1] (139,961)
Unpaid losses and settlement expenses 313,755 [1] (3,125,882)
Unearned premiums 2,742,855 [1] 1,022,675
Accrued expenses (1,017,918) [1] (1,645,086)
Current federal income tax 99,307 [1] (483,608)
Other 261,651 [1] 102,915
Net cash provided by (used in) operating activities 1,477,569 [1] (1,413,818)
Purchases of:    
Fixed maturity securities, available-for-sale (9,003,061) [1] (22,821,724)
Other invested assets [1] (39,200)  
Property held for investment (31,673) [1] (677,714)
Property and equipment (300,484) [1] (333,887)
Proceeds from sales, maturities and calls of:    
Fixed maturity securities, available-for-sale 6,669,276 [1] 4,414,597
Property and equipment 64,826 [1] 967
Net cash used in investing activities (3,448,359) [1] (23,317,840)
Cash flows from financing activities:    
Net proceeds received from issuance of shares of common stock 29,253,588
Proceeds from loans 3,499,149
Repayments of borrowed funds (850,152) [1] (2,294,961)
Net cash (used in) provided by financing activities (850,152) [1] 30,457,776
Net (decrease) increase in cash and cash equivalents (2,820,942) [1] 5,726,118
Cash and cash equivalents at beginning of year 6,876,519 [1] 4,376,847
Cash and cash equivalents at end of period 4,055,577 [1] 10,102,965
Supplemental information:    
Federal income tax paid 600,000
Interest paid 108,336 [1] 109,451
Common Stocks [Member]    
Purchases of:    
Equity securities, available-for-sale (13,363,215) [1] (5,216,872)
Proceeds from sales, maturities and calls of:    
Equity securities, available-for-sale 8,834,375 [1] 1,955,715
Preferred Stocks [Member]    
Purchases of:    
Equity securities, available-for-sale (140,925) [1] $ (638,922)
Proceeds from sales, maturities and calls of:    
Equity securities, available-for-sale [1] $ 3,861,722  
[1] As restated