Consolidated Balance Sheets - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Assets
Available-for-sale bond securities, at fair value	$ 87,895,381	$ 85,206,669
Equity securities, at fair value	7,269,058	7,267,094
Equity securities, at net asset value	4,244,663	4,051,399
Short-term investments, at fair value	74,760	373,949
Total investments	99,483,862	96,899,111
Cash and cash equivalents	24,365,843	3,903,620
Accrued investment income	628,960	627,213
Premiums receivable	4,522,153	6,623,172
Reinsurance recoverable	9,640,117	7,956,043
Income taxes recoverable	1,297,444	1,297,757
Unearned ceded premiums	1,564,396	573,379
Deferred acquisition costs	3,658,457	3,985,193
Deferred income taxes	1,223,634	1,676,091
Prepaid management fee	9,642,857
Other assets	534,645	486,615
Total assets	156,562,368	124,028,194
Liabilities
Losses and loss adjustment expenses	67,491,760	68,392,333
Unearned premiums	12,754,554	13,202,626
Reinsurance payable	1,363,481	1,203,027
Accounts payable, accrued, expenses, and other liabilities	2,222,856	3,805,354
Note payable	96,390	127,327
Due to affiliates	202,288	309,310
Total liabilities	84,131,329	87,039,977
Stockholders' Equity
Common stock, $0.01 par value, 10,000,000 shares authorized; 3,615,500 shares issued and outstanding	36,155
Additional paid-in capital	49,421,081	15,882,835
Retained earnings	21,866,240	22,335,398
Accumulated other comprehensive income (loss)	1,107,563	(1,230,016)
Total stockholders' equity	72,431,039	36,988,217
Total liabilities and stockholders' equity	$ 156,562,368	$ 124,028,194