8. Deferred Policy Acquisition Costs and Deferred Ceding Commission Revenue (Tables)

12 Months Ended

Dec. 31, 2015

Deferred Policy Acquisition Costs And Deferred Ceding Commission Revenue Tables

Schedule of acquisition costs incurred

	Year ended
	December 31,
	2015			2014
Net deferred policy acquisition costs net of ceding commission revenue, beginning of year	$	3,029,441		$	(123,903	)
Cost incurred and deferred:
Commissions and brokerage		16,963,843			13,612,109
Other underwriting and policy acquisition costs		4,904,350			4,426,614
Ceding commission revenue		(12,170,986	)		(11,428,785	)
Net deferred policy acquisition costs		9,697,207			6,609,938
Amortization		(8,326,410	)		(3,456,594	)
		1,370,797			3,153,344
Net deferred policy acquisition costs net of ceding commission revenue, end of year	$	4,400,238		$	3,029,441

Schedule of Ending balances for deferred acquisition costs and deferred ceding commission revenue

	December 31,
	2015			2014
Deferred policy acquisition costs	$	10,835,306		$	8,985,981
Deferred ceding commission revenue		(6,435,068	)		(5,956,540	)
Balance at end of period	$	4,400,238		$	3,029,441