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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Net premiums earned $ 5,926,311 $ 4,623,215
Ceding commission revenue 3,381,283 2,293,711
Net investment income 378,788 283,287
Net realized gains on sales of investments 188,348 105,125
Other income 227,557 213,990
Total revenues 10,102,287 7,519,328
Expenses    
Loss and loss adjustment expenses 4,324,954 2,469,641
Commission expense 2,582,508 2,115,820
Other underwriting expenses 2,281,749 2,213,345
Other operating expenses 250,035 243,310
Depreciation and amortization 183,120 152,986
Interest expense    21,215
Total expenses 9,622,366 7,216,317
Income from operations before taxes 479,921 303,011
Income tax expense 152,788 112,003
Net income 327,133 191,008
Gross change in unrealized gains on available-for-sale-securities 680,396 445,743
Income tax expense related to items of other comprehensive income (231,335) (151,553)
Comprehensive income $ 776,194 $ 485,198
Earnings per common share:    
Basic $ 0.05 $ 0.05
Diluted $ 0.04 $ 0.05
Weighted average common shares outstanding    
Basic 7,266,573 3,840,899
Diluted 7,372,149 3,914,406
Dividends declared and paid per common share $ 0.04 $ 0.04