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Deferred Acquisition Costs (Tables)
6 Months Ended
Jun. 30, 2019
Insurance [Abstract]  
Components of Deferred Acquisition Costs

The following table summarizes the components of deferred acquisition costs for the three months and six months ended June 30, 2019 and 2018:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Balance, beginning of period

 

$

4,690,104

 

 

$

4,826,311

 

 

$

3,985,193

 

 

$

4,078,322

 

Amount capitalized during the period

 

 

933,145

 

 

 

2,894,400

 

 

 

3,760,410

 

 

 

5,969,718

 

Amount amortized during the period

 

 

1,964,792

 

 

 

3,821,964

 

 

 

4,087,146

 

 

 

6,149,293

 

Balance, end of period

 

$

3,658,457

 

 

$

3,898,747

 

 

$

3,658,457

 

 

$

3,898,747