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Deferred Acquisition Costs
3 Months Ended
Mar. 31, 2020
Insurance [Abstract]  
Deferred Acquisition Costs

6.

Deferred Acquisition Costs

The following table summarizes the movements in deferred acquisition costs for the three months ended March 31, 2020 and 2019:

 

 

 

Three Months Ended

March 31,

 

 

 

2020

 

 

2019

 

Balance, beginning of period

 

$

2,584,486

 

 

$

3,985,193

 

Amount capitalized during the period

 

 

1,693,778

 

 

 

2,827,265

 

Amount amortized during the period

 

 

1,309,802

 

 

 

2,122,354

 

Balance, end of period

 

$

2,968,462

 

 

$

4,690,104