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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net income (loss) $ (1,122,703) $ 91,789
Unrealized (loss) gain on available-for-sale fixed maturity securities:    
Unrealized holding (loss) gain during the period, net of income tax benefit (expense) of $488,084 and $(344,205) (1,797,079) 1,266,592
Reclassification adjustments for (gains) losses included in net income (loss), net of income tax (expense) benefit of $(10,379) and $7,515 (39,043) 28,270
Other comprehensive income (loss) (1,836,122) 1,294,862
Comprehensive income (loss) $ (2,958,825) $ 1,386,651