Fair Value Disclosures (Tables)

6 Months Ended

Jun. 30, 2019

Fair Value Disclosures [Abstract]

Summary of Assets Measured at Fair Value on a recurring Basis

Assets measured at fair value on a recurring basis as of June 30, 2019, 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	$	1,344,789	$	—	$	—	$	1,344,789
MBS/ABS/CMBS		—		37,717,192		—		37,717,192
Corporate		—		39,851,430		—		39,851,430
Municipal		—		12,485,961		—		12,485,961
Total fixed maturity securities		1,344,789		90,054,583		—		91,399,372
Equity securities
Common stocks		13,177,329		—		—		13,177,329
Total marketable investments measured at fair value	$	14,522,118	$	90,054,583	$	—	$	104,576,701

Assets measured at fair value on a recurring basis as of December 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	$	1,328,925	$	—	$	—	$	1,328,925
MBS/ABS/CMBS		—		33,799,024		—		33,799,024
Corporate		—		37,366,690		—		37,366,690
Municipal		—		16,486,520		—		16,486,520
Total fixed maturity securities		1,328,925		87,652,234		—		88,981,159
Equity securities
Common stocks		11,843,223		—		—		11,843,223
Total marketable investments measured at fair value	$	13,172,148	$	87,652,234	$	—	$	100,824,382