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Income Taxes (Schedule of Deferred Tax Assets and Deferred Tax Liabilities) (Details) - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Deferred tax assets:    
Tax discounting of claim reserves $ 814,193 $ 454,772
Unearned premium reserve 1,255,183 1,139,002
AMT credit carryforward 103,439
Deferred compensation 103,178 131,175
Provision for uncollectible accounts 10,500 10,500
Net unrealized depreciation of securities 420,259
Other 53,193 71,688
Deferred tax assets before allowance 2,656,506 1,910,576
Less valuation allowance
Total deferred tax assets 2,656,506 1,910,576
Deferred tax liabilities:    
Transition adjustment for loss reserve discounting 292,176
Net unrealized appreciation of securities 592,005
Deferred policy acquisition costs 1,101,910 964,407
Property and equipment 237,581 1,267
Other 3,441 3,639
Total deferred tax liabilities 1,635,108 1,561,318
Net deferred tax asset $ 1,021,398 $ 349,258