Consolidated Balance Sheets - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Assets
Available-for-sale fixed maturity securities, at fair value	$ 89,801,987	$ 95,748,042
Equity securities, at fair value	5,868,709	7,756,966
Short-term investments, at fair value	647,200	1,169,472
Total investments	96,317,896	104,674,480
Cash and cash equivalents	21,918,875	20,988,081
Accrued investment income	674,081	699,087
Premiums receivable	7,203,757	7,383,876
Reinsurance recoverable	8,630,126	7,850,409
Income taxes recoverable	1,974,843	1,313,935
Unearned ceded premiums	211,086	1,181,345
Deferred acquisition costs	2,968,462	2,584,486
Deferred income taxes	1,164,235	891,584
Prepaid management fee	8,571,428	8,928,571
Other assets	3,286,957	124,507
Total assets	152,921,746	156,620,361
Liabilities
Losses and loss adjustment expenses	64,353,351	63,607,975
Unearned premiums	14,600,188	12,783,124
Reinsurance payable	1,458,132	1,961,653
Accounts payable, accrued expenses, and other liabilities	2,179,226	5,009,346
Note payable	48,854	64,858
Total liabilities	82,639,751	83,426,956
Stockholders' Equity
Common stock, $0.01 par value, 10,000,000 shares authorized; 3,615,500 shares issued and outstanding	36,155	36,155
Additional paid-in capital	49,468,496	49,421,081
Retained earnings	20,973,744	22,096,447
Accumulated other comprehensive income (loss)	(196,400)	1,639,722
Total stockholders' equity	70,281,995	73,193,405
Total liabilities and stockholders' equity	$ 152,921,746	$ 156,620,361