Deferred Acquisition Costs

9 Months Ended

Sep. 30, 2019

Insurance [Abstract]

Deferred Acquisition Costs

6. Deferred Acquisition Costs

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Balance, beginning of period	$	3,658,457	$	3,898,747	$	3,985,193	$	4,078,322
Amount capitalized during the period		1,310,055		1,936,977		5,070,465		6,239,715
Amount amortized during the period		2,224,172		2,211,683		6,311,318		6,693,996
Balance, end of period	$	2,744,340	$	3,624,041	$	2,744,340	$	3,624,041