Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Summary of Significant Accounting Policies [Abstract]

Summary of Property, Plant and Equipment

	As of
	March 31,		December 31,
	2020		2019
Automobiles	$	521,010	$	505,788
Furniture and fixtures		471,215		457,218
Computer equipment and software		3,855,126		3,823,416
Home office		3,869,886		3,866,632
Total cost		8,717,237		8,653,054
Accumulated depreciation		(5,715,991)		(5,619,706)
Net property and equipment	$	3,001,246	$	3,033,348

Accumulated Other Comprehensive Earnings (Loss)

	Three-Month Periods Ended March 31,
		2020		2019
Beginning balance	$	2,953,936	$	(1,580,976)
Cumulative effect of adoption of ASU 2016-01		-		1,366,297
Adjusted beginning balance		2,953,936		(214,679)
Oher comprehensive (loss) earnings before reclassifications		(1,526,960)		1,436,742
Amount reclassified from accumulated other comprehensive (loss) earnings		(183,886)		37,467
Net current period other comprehensive (loss) earnings		(1,710,846)		1,474,209
Ending balance	$	1,243,090	$	1,259,530

Summary of Components of Other Comprehensive Earnings

	Three-Month Periods Ended March 31,
	2020						2019
	Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax
Other comprehensive (loss) earnings,   net of tax
Unrealized gains and losses on investments:
Unrealized holding (losses) gains   arising during the period	$	(2,171,314)	$	644,354	$	(1,526,960)	$	1,866,085	$	(429,343)	$	1,436,742
Reclassification adjustment for   (gains) losses included in net earnings		(232,767)		48,881		(183,886)		47,426		(9,959)		37,467
Total other comprehensive (loss) earnings	$	(2,404,081)	$	693,235	$	(1,710,846)	$	1,913,511	$	(439,302)	$	1,474,209

Schedule of Reclassifications Out of Accumulated Other Comprehensive Earnings

Amounts Reclassified from
Accumulated Other Comprehensive Earnings
	Three-Month Periods Ended
Details about Accumulated Other	March 31,				Affected Line Item in the Statement
Comprehensive Earnings Component	2020		2019		where Net Earnings is Presented
Unrealized (gains) losses on AFS investments:
	$	(232,767)	$	47,426	Net realized investment (gains) losses
		48,881		(9,959)	Income tax expense (benefit)
Total reclassification adjustment, net of tax	$	(183,886)	$	37,467