Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows provided by operating activities:
Net income	$ 2,761,681	$ 1,681,635
Adjustments to reconcile net income to net cash flows provided by operating activities:
Net realized gains (losses) on sale of investments	65,231	(322,950)
Depreciation and amortization	482,234	393,055
Amortization of bond premium, net	152,665	100,702
Stock-based compensation	77,784	26,783
Excess tax benefit from exercise of stock options	(221,136)	(70,313)
Deferred income tax expense	(64,757)	(237,411)
(Increase) decrease in operating assets:
Premiums receivable, net	(1,551,888)	(1,659,628)
Receivables - reinsurance contracts	(825,254)	(93,562)
Reinsurance receivables, net	(3,165,889)	(6,862,622)
Deferred policy acquisition costs	(773,097)	(1,135,839)
Other assets	6,583	299,447
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	1,336,137	5,201,059
Unearned premiums	3,651,941	4,866,459
Advance premiums	376,077	504,639
Reinsurance balances payable	653,407	1,314,680
Deferred ceding commission revenue	371,785	790,549
Accounts payable, accrued expenses and other liabilities	22,796	(402,388)
Net cash flows provided by operating activities	3,356,300	4,394,295
Cash flows used in investing activities:
Purchase - fixed-maturity securities held-to-maturity	0	(2,215,540)
Purchase - fixed-maturity securities available-for-sale	(7,505,716)	(15,837,626)
Purchase - equity securities available-for-sale	(2,225,328)	(5,356,992)
Sale or maturity - fixed-maturity securities available-for-sale	1,135,673	3,643,499
Sale - equity securities available-for-sale	839,408	3,417,605
Other investing activities	(616,042)	(542,074)
Net cash flows used in investing activities	(8,372,005)	(16,891,128)
Cash flows used in financing activities:
Withholding taxes paid on net exercise of stock options	(243,662)	(66,095)
Excess tax benefit from exercise of stock options	221,136	70,313
Purchase of treasury stock	(204,060)	(23,203)
Dividends paid	(732,190)	(582,439)
Net cash flows used in financing activities	(958,776)	(601,424)
Decrease in cash and cash equivalents	(5,974,481)	(13,098,257)
Cash and cash equivalents, beginning of period	9,906,878	19,922,506
Cash and cash equivalents, end of period	3,932,397	6,824,249
Supplemental disclosures of cash flow information:
Cash paid for income taxes	1,008,443	463,400
Supplemental schedule of non-cash investing and financing activities:
Value of shares deducted from exercise of stock options for payment of withholding taxes	$ 243,662	$ 66,095