Consolidated Balance Sheets - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Assets
Available-for-sale fixed maturity securities, at fair value	$ 101,517,706	$ 95,748,042
Equity securities, at fair value	260,915	7,756,966
Short-term investments, at fair value	249,988	1,169,472
Total investments	102,028,609	104,674,480
Cash and cash equivalents	22,867,591	20,988,081
Accrued investment income	671,412	699,087
Premiums receivable	6,590,480	7,383,876
Reinsurance recoverable	8,265,060	7,850,409
Income taxes recoverable	2,061,515	1,313,935
Unearned ceded premiums	1,923,151	1,181,345
Deferred acquisition costs	2,594,469	2,584,486
Deferred income taxes	207,071	891,584
Prepaid management fee	8,214,286	8,928,571
Other assets	276,808	124,507
Total assets	155,700,452	156,620,361
Liabilities
Losses and loss adjustment expenses	63,510,324	63,607,975
Unearned premiums	12,950,905	12,783,124
Reinsurance payable	2,926,238	1,961,653
Accounts payable, accrued expenses, and other liabilities	2,086,480	5,009,346
Note payable	32,690	64,858
Total liabilities	81,506,637	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	49,492,203	49,421,081
Retained earnings	21,331,807	22,096,447
Accumulated other comprehensive income	3,333,650	1,639,722
Total stockholders' equity	74,193,815	73,193,405
Total liabilities and stockholders' equity	$ 155,700,452	$ 156,620,361