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Income Taxes (Schedule of Deferred Tax Assets and Deferred Tax Liabilities) (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Deferred tax assets:    
Tax discounting of claim reserves $ 765,820 $ 814,193
Unearned premium reserve 1,264,887 1,255,183
Deferred compensation 140,141 103,178
Provision for uncollectible accounts 21,000 10,500
Net unrealized depreciation of securities 420,259
Other 93,631 53,193
Deferred tax assets before allowance 2,285,479 2,656,506
Less valuation allowance
Total deferred tax assets 2,285,479 2,656,506
Deferred tax liabilities:    
Transition adjustment for loss reserve discounting 226,176 292,176
Net unrealized appreciation of securities 959,204
Deferred policy acquisition costs 1,110,676 1,101,910
Property and equipment 25,093 237,581
Other 3,543 3,441
Total deferred tax liabilities 2,324,692 1,635,108
Net deferred tax asset   $ 1,021,398
Net deferred tax liability $ (39,213)