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Income Taxes - Schedule of Deferred Income Taxes (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Deferred tax assets:    
Discount of unearned premiums $ 487,274 $ 530,428
Discount of advance premiums 85,139 55,638
Discount of losses and loss adjustment expenses 978,379 1,113,670
Guaranty fund assessment 40,890 36,027
Net operating loss carryforward 756,063 811,703
Capital loss carryforward   34,558
Unrealized loss on investments   250,592
Other 14,754 28
Total deferred tax assets 2,362,499 2,832,644
Deferred tax liabilities:    
Deferred acquisition costs 542,742 836,891
TCJA transitional adjustment 224,943 314,446
Unrealized gain on investments 678,322  
Accrual of bond market discount 19,070 3,338
Other 5,838 1,878
Total deferred tax liabilities 1,470,915 1,156,553
Deferred income taxes, net $ 891,584 $ 1,676,091