5. Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2014

Fair Value Of Financial Instruments Tables

Schedule of Fair Value of Financial Instruments

The estimated fair values of the Company’s financial instruments are as follows:

	December 31, 2014				December 31, 2013
	Carrying Value		Fair Value		Carrying Value		Fair Value
Fixed-maturity securitied-held-to maturity	$	5,128,735	$	5,395,054	$	2,399,482	$	2,425,261
Cash and cash equivalents	$	9,906,878	$	9,906,878	$	19,922,506	$	19,922,506
Premiums receivable	$	8,946,899	$	8,946,899	$	7,590,074	$	7,590,074
Receivables - reinsurance contracts	$	1,301,549	$	1,301,549	$	974,989	$	974,989
Reinsurance receivables	$	35,575,276	$	35,575,276	$	37,560,825	$	37,560,825
Real estate, net of accumulated depreciation	$	1,762,345	$	1,816,122	$	1,777,942	$	1,816,122
Reinsurance balances payable	$	2,096,363	$	2,096,363	$	2,566,729	$	2,566,729