Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Summary of Significant Accounting Policies [Abstract]

Summary of Property, Plant and Equipment

	As of
	June 30,		December 31,
	2021		2020
Automobiles	$	508,381	$	530,722
Furniture and fixtures		486,574		491,766
Computer equipment and software		4,107,330		3,971,272
Home office		4,016,998		3,946,299
Total cost		9,119,283		8,940,059
Accumulated depreciation		(6,038,689)		(6,079,728)
Net property and equipment	$	3,080,594	$	2,860,331

Accumulated Other Comprehensive Earnings (Loss)

	Six-Months Ended June 30,
	2021		2020
Beginning balance	$	5,520,091	$	2,953,936
Other comprehensive (loss) earnings before reclassification		(1,137,734)		2,086,077
Amount reclassified from accumulated other comprehensive (loss) earnings		(7,801)		(272,194)
Net current period other comprehensive (loss) earnings		(1,145,535)		1,813,883
Ending balance	$	4,374,556	$	4,767,819

Summary of Components of Other Comprehensive Earnings

	Three-Month Periods Ended June 30,
	2021						2020
	Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax
Other comprehensive earnings, net of tax
Unrealized gains and losses on AFS investments:
Unrealized holding gains arising during the period	$	1,376,922	$	(289,153)	$	1,087,769	$	4,573,465	$	(960,428)	$	3,613,037
Reclassification adjustment for gains included in net earnings		(8,584)		1,802		(6,782)		(111,782)		23,474		(88,308)
Total other comprehensive earnings	$	1,368,338	$	(287,351)	$	1,080,987	$	4,461,683	$	(936,953)	$	3,524,729

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	Six-Month Periods Ended June 30,
	2021						2020
	Pre-tax		Tax		After-tax		Pre-tax		Tax		After-tax
Other comprehensive (loss) earnings, net of tax
Unrealized gains and losses on AFS investments:
Unrealized holding (losses) gains arising during the period	$	(1,440,170)	$	302,436	$	(1,137,734)	$	2,640,604	$	(554,527)	$	2,086,077
Reclassification adjustment for gains included in net earnings		(9,874)		2,073		(7,801)		(344,549)		72,355		(272,194)
Total other comprehensive (loss) earnings	$	(1,450,044)	$	304,509	$	(1,145,535)	$	2,296,055	$	(482,172)	$	1,813,883

Schedule of Reclassifications Out of Accumulated Other Comprehensive Earnings

Amounts Reclassified from
Accumulated Other Comprehensive Earnings
	Three-Month Periods Ended				Six-Month Periods Ended
Details about Accumulated Other	June 30,				June 30,					Affected Line Item in the Statement
Comprehensive Earnings Component	2021		2020		2021		2020			where Net Earnings is Presented
Unrealized (gains) on AFS investments:
	$	(8,584)	$	(111,782)	$	(9,874)		$	(344,549)		Net realized investment (gains)
		1,802		23,474		2,073			72,355		Income tax expense
Total reclassification adjustment, net of tax	$	(6,782)	$	(88,308)	$	(7,801)		$	(272,194)