Consolidated Balance Sheets - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Assets
Available-for-sale bond securities, at fair value	$ 93,238,702	$ 85,206,669
Equity securities, at fair value	7,351,646	7,267,094
Other investments, at net asset value	3,320,010	4,051,399
Short-term investments, at fair value	1,717,887	373,949
Total investments	105,628,245	96,899,111
Cash and cash equivalents	18,686,959	3,903,620
Accrued investment income	650,568	627,213
Premiums receivable	4,738,471	6,623,172
Reinsurance recoverable	8,930,866	7,956,043
Income taxes recoverable	1,298,124	1,297,757
Unearned ceded premiums	1,326,987	573,379
Deferred acquisition costs	2,744,340	3,985,193
Deferred income taxes	1,052,288	1,676,091
Prepaid management fee	9,285,714
Other assets	238,092	486,615
Total assets	154,580,654	124,028,194
Liabilities
Losses and loss adjustment expenses	65,953,934	68,392,333
Unearned premiums	12,092,422	13,202,626
Reinsurance payable	1,865,933	1,203,027
Accounts payable, accrued expenses, and other liabilities	1,600,566	3,805,354
Note payable	80,703	127,327
Due to affiliates	141,733	309,310
Total liabilities	81,735,291	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	21,861,202	22,335,398
Accumulated other comprehensive income (loss)	1,526,925	(1,230,016)
Total stockholders' equity	72,845,363	36,988,217
Total liabilities and stockholders' equity	$ 154,580,654	$ 124,028,194