Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows provided by operating activities:
Net income	$ 5,107,335	$ 3,565,316
Adjustments to reconcile net income to net cash flows provided by operating activities:
Net realized losses (gains) on sale of investments	105,718	(438,126)
Depreciation and amortization	749,658	641,943
Amortization of bond premium, net	257,996	205,107
Stock-based compensation	129,546	118,582
Excess tax benefit from exercise of stock options	(223,976)	(74,471)
Deferred income tax expense	(279,793)	107,433
(Increase) decrease in operating assets:
Premiums receivable, net	(1,885,547)	(1,734,722)
Receivables - reinsurance contracts	(983,807)	(776,000)
Reinsurance receivables, net	4,403,717	2,236,751
Deferred policy acquisition costs	(1,470,726)	(1,783,842)
Other assets	(16,634)	(198,361)
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	(1,013,191)	2,419,060
Unearned premiums	6,983,289	7,317,198
Advance premiums	549,204	487,030
Reinsurance balances payable	(754,150)	(509,180)
Deferred ceding commission revenue	113,367	(1,295,193)
Accounts payable, accrued expenses and other liabilities	952,160	24,809
Net cash flows provided by operating activities	$ 12,724,166	10,313,334
Cash flows used in investing activities:
Purchase - fixed-maturity securities held-to-maturity		(2,715,540)
Purchase - fixed-maturity securities available-for-sale	$ (13,187,405)	(24,041,145)
Purchase - equity securities available-for-sale	(3,552,291)	(7,453,247)
Sale or maturity - fixed-maturity securities available-for-sale	1,680,633	5,092,195
Sale - equity securities available-for-sale	1,642,971	5,537,511
Acquisition of fixed assets	$ (1,166,834)	(722,053)
Recovery of loss from failed bank		51,587
Other investing activities	$ 6,203	22,519
Net cash flows used in investing activities	$ (14,576,723)	(24,228,173)
Cash flows used in financing activities:
Proceeds from exercise of stock options		5,876
Withholding taxes paid on net exercise of stock options	$ (243,662)	(66,095)
Excess tax benefit from exercise of stock options	223,976	74,471
Purchase of treasury stock	(204,060)	(46,728)
Dividends paid	(1,098,946)	(947,186)
Net cash flows used in financing activities	(1,322,692)	(979,662)
Decrease in cash and cash equivalents	(3,175,249)	(14,894,501)
Cash and cash equivalents, beginning of period	9,906,878	19,922,506
Cash and cash equivalents, end of period	6,731,629	5,028,005
Supplemental disclosures of cash flow information:
Cash paid for income taxes	1,457,000	1,712,400
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