Fair Value Disclosures (Tables)

6 Months Ended

Jun. 30, 2022

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, 2022, are 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	$	1,278,703	$	—	$	—	$	1,278,703
MBS/ABS/CMBS		—		35,947,073		—		35,947,073
Corporate		—		36,002,420		—		36,002,420
Municipal		—		18,931,399		—		18,931,399
Redeemable preferred stocks		—		211,905		—		211,905
Total fixed maturity securities		1,278,703		91,092,797		—		92,371,500
Equity securities
Common stocks		18,092,308		—		—		18,092,308
Perpetual preferred stocks		—		3,033,312		—		3,033,312
Total equity securities		18,092,308		3,033,312		—		21,125,620
Total marketable investments measured at fair value	$	19,371,011	$	94,126,109	$	—	$	113,497,120

Assets measured at fair value on a recurring basis as of December 31, 2021, are 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	$	1,345,992	$	—	$	—	$	1,345,992
MBS/ABS/CMBS		—		41,023,871		—		41,023,871
Corporate		—		41,206,964		—		41,206,964
Municipal		—		22,031,831		—		22,031,831
Redeemable preferred stocks		—		232,885		—		232,885
Total fixed maturity securities		1,345,992		104,495,551		—		105,841,543
Equity securities
Common stocks		23,608,197		—		—		23,608,197
Perpetual preferred stocks		—		2,780,450		—		2,780,450
Total equity securities		23,608,197		2,780,450		—		26,388,647
Total marketable investments measured at fair value	$	24,954,189	$	107,276,001	$	—	$	132,230,190