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Schedule II - Condensed Financial Information of Registrant (Balance Sheet) (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Available for sale securities, at fair value      
Fixed maturity securities $ 92,087,572 $ 88,981,159  
Common Stocks 14,448,773 11,843,223  
Other invested assets 877,900 154,200  
Cash and cash equivalents 6,626,585 4,644,784  
Accrued investment income 646,504 648,321  
Income taxes - current 192,559 847,271  
Income taxes - deferred   1,021,398  
Other assets 1,239,794 1,040,193  
Total assets 163,003,518 150,283,193  
Liabilities:      
Debt 3,475,088 3,484,606  
Accrued expenses 4,216,988 4,536,218  
Income taxes - deferred 39,213    
Other liabilities 1,324,273 1,256,003  
Total liabilities 96,661,684 91,689,894  
Equity:      
Common stock [1] 35,000 35,000  
Treasury stock, at cost [2] (3,146,576) (2,999,995)  
Additional paid-in capital 32,703,209 32,505,423  
Accumulated other comprehensive earnings (loss), net of tax 2,953,936 (1,580,976)  
Retained earnings 36,608,750 33,680,702  
Less: Unearned Employee Stock Ownership Plan shares at cost [3] (2,812,485) (3,046,855)  
Total equity 66,341,834 58,593,299 $ 64,101,545
Total liabilities and equity 163,003,518 150,283,193  
Parent Company [Member]      
Assets      
Investment in subsidiaries 70,094,982 60,766,224  
Available for sale securities, at fair value      
Fixed maturity securities 3,360,454 2,048,604  
Common Stocks 1,172,369 812,938  
Other invested assets 117,000 115,000  
Cash and cash equivalents 791,266 861,739 $ 1,591,979
Due from subsidiaries 385,693 9,292  
Accrued investment income 18,124 9,403  
Income taxes - current 37,496 438,347  
Income taxes - deferred   34,860  
Other assets 408,776 679,117  
Total assets 76,386,160 65,775,524  
Liabilities:      
Debt 9,284,640 6,459,293  
Accrued expenses 104,618 145,085  
Income taxes - deferred 32,529    
Other liabilities 622,539 577,847  
Total liabilities 10,044,327 7,182,225  
Equity:      
Common stock 35,000 35,000  
Treasury stock, at cost (3,146,576) (2,999,995)  
Additional paid-in capital 32,703,209 32,505,423  
Accumulated other comprehensive earnings (loss), net of tax 2,953,936 (1,580,976)  
Retained earnings 36,608,750 33,680,702  
Less: Unearned Employee Stock Ownership Plan shares at cost (2,812,485) (3,046,855)  
Total equity 66,341,833 58,593,299  
Total liabilities and equity $ 76,386,160 $ 65,775,524  
[1] Par value $0.01; authorized: 2019 - 10,000,000 shares and 2018 - 10,000,000 shares; issued: 2019 - 3,500,000 and 2018 - 3,500,000 shares; outstanding: 2019 - 3,014,941 and 2018 - 2,992,734 shares.
[2] 2019 - 203,811 shares and 2018 - 196,721 shares
[3] 2019 - 281,248 shares and 2018 - 304,685 shares