Fair Value of Financial Instruments and Real Estate (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Instruments

The estimated fair values of the Company’s financial instruments and real estate, including their fair value level as of December 31, 2025 and 2024, are as follows:

	December 31, 2025				December 31, 2024
	Carrying Value		Fair Value		Carrying Value		Fair Value
Fixed-maturity securities-held-to maturity, Level 1	$	6,042,348	$	5,137,267	$	7,047,342	$	5,959,265
Fixed-maturity securities available-for-sale, Level 1	$	130,873,872	$	130,873,872	$	106,792,378	$	106,792,378
Fixed-maturity securities available-for-sale, Level 2	$	158,163,318	$	158,163,318	$	80,101,060	$	80,101,060
Cash and cash equivalents, Level 1	$	12,178,730	$	12,178,730	$	28,669,441	$	28,669,441
Premiums receivable, net, Level 1	$	21,012,408	$	21,012,408	$	21,766,988	$	21,766,988
Reinsurance receivables, net, Level 3	$	58,996,945	$	58,996,945	$	69,322,436	$	69,322,436
Real estate, net of accumulated depreciation, Level 3 (1)	$	460,031	$	501,000	$	1,913,390	$	3,540,000
Reinsurance balances payable, Level 3	$	5,232,319	$	5,232,319	$	10,509,121	$	10,509,121
Debt - Equipment financing, Level 2	$	4,440,127	$	4,380,922	$	5,663,420	$	5,459,107
Debt - 13.75% Senior Notes due 2026, Level 2	$	—	$	—	$	5,508,000	$	5,553,785

(1) As of December 31, 2024, real estate consisted of a complex which included an office building, a house and vacant land located in Kingston, New York. In March 2025, the office building and house were sold, leaving the vacant land as the only remaining real estate as of December 31, 2025. See Note 20 - Sale of Real Estate.