5. Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Of Financial Instruments Tables

Schedule of Fair Value of Financial Instruments

	December 31, 2015				December 31, 2014
	Carrying Value		Fair Value		Carrying Value		Fair Value
Fixed-maturity securitied-held-to maturity	$	5,138,872	$	5,241,095	$	5,128,735	$	5,395,054
Cash and cash equivalents	$	13,551,372	$	13,551,372	$	9,906,878	$	9,906,878
Premiums receivable	$	10,621,655	$	10,621,655	$	8,946,899	$	8,946,899
Receivables - reinsurance contracts	$	-	$	-	$	1,301,549	$	1,301,549
Reinsurance receivables	$	31,270,235	$	31,270,235	$	35,575,276	$	35,575,276
Real estate, net of accumulated depreciation	$	1,710,897	$	1,925,000	$	1,762,345	$	1,816,122
Reinsurance balances payable	$	1,688,922	$	1,688,922	$	2,096,363	$	2,096,363