Subsequent Events (Tables)

12 Months Ended

Dec. 31, 2019

Subsequent Events [Abstract]

Summary of Changes in Investment Portfolio

The following tables reflect the changes in our investment portfolio since December 31, 2019.

	Amortized Cost/Cost		Gross Unrealized Gains, Net			Fair Value
May 8, 2020 (Unaudited)
U.S. government	$	9,172,746	$	190,297		$	9,363,043
States, territories, and possessions		1,091,178		47,775			1,138,953
Subdivisions of states, territories, and possessions		12,313,961		358,989			12,672,950
Industrial and miscellaneous		68,391,118		1,727,660			70,118,778
Total fixed maturity securities		90,969,003		2,324,721			93,293,724
Equity securities		6,446,067		(66,457	)		6,379,610
Short-term investments		2,231,703		(9	)		2,231,694
Total investments		99,646,773		2,258,255			101,905,028
Cash and cash equivalents		19,924,270		-			19,924,270
	$	119,571,043	$	2,258,255		$	121,829,298

	Amortized Cost/Cost		Gross Unrealized Gains, Net		Fair Value
December 31, 2019
U.S. government	$	10,689,829	$	61,733	$	10,751,562
States, territories, and possessions		1,096,638		46,385		1,143,023
Subdivisions of states, territories, and possessions		12,440,863		382,002		12,822,865
Industrial and miscellaneous		69,445,114		1,585,478		71,030,592
Total fixed maturity securities		93,672,444		2,075,598		95,748,042
Equity securities		6,602,462		1,154,504		7,756,966
Short-term investments		1,169,472		-		1,169,472
Total investments		101,444,378		3,230,102		104,674,480
Cash and cash equivalents		20,988,081		-		20,988,081
	$	122,432,459	$	3,230,102	$	125,662,561