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Consolidated Statements of Comprehensive Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net income (loss) $ 358,063 $ (560,947) $ (764,640) $ (469,158)
Unrealized gain on available-for-sale fixed maturity securities:        
Unrealized holding gain during the period, net of income tax expense of $938,368 and $277,179 for three months ended June 30, 2020 and 2019 and $450,285 and $621,384 for six months ended June 30, 2020 and 2019, respectively 3,533,937 1,042,739 1,736,858 2,309,331
Reclassification adjustments for (gains) losses included in net income (loss), net of income tax (expense) benefit of $(1,033) and $(6) for three months ended June 30, 2020 and 2019 and $(11,412) and $7,509 for six months ended June 30, 2020 and 2019, respectively (3,887) (22) (42,930) 28,248
Other comprehensive income 3,530,050 1,042,717 1,693,928 2,337,579
Comprehensive income $ 3,888,113 $ 481,770 $ 929,288 $ 1,868,421