Condensed Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows provided by operating activities:
Net income	$ 6,959,620	$ 5,328,419
Adjustments to reconcile net income to net cash flows provided by operating activities:
Net realized losses (gains) on sale of investments	50,546	(707,027)
Depreciation and amortization	1,032,009	874,907
Amortization of bond premium, net	323,773	260,996
Stock-based compensation	134,185	171,876
Excess tax benefit from exercise of stock options	(223,721)	(136,971)
Deferred income tax expense	(226,932)	113,823
Increase (decrease) in operating liabilities:
Premiums receivable, net	(1,674,756)	(1,356,825)
Receivables - reinsurance contracts	1,301,549	(326,560)
Reinsurance receivables, net	4,305,041	1,985,549
Deferred policy acquisition costs	(1,849,325)	(2,125,718)
Other assets	224,211	273,481
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	(36,183)	5,409,454
Unearned premiums	8,432,200	8,122,427
Advance premiums	192,794	230,483
Reinsurance balances payable	(407,441)	(470,366)
Deferred ceding commission revenue	478,528	(1,027,626)
Accounts payable, accrued expenses and other liabilities	1,385,809	712,650
Net cash flows provided by operating activities	20,401,907	17,332,972
Cash flows used in investing activities:
Purchase - fixed-maturity securities held-to-maturity	0	(2,715,540)
Purchase - fixed-maturity securities available-for-sale	(19,152,457)	(28,826,537)
Purchase - equity securities available-for-sale	(3,766,972)	(8,520,581)
Sale or maturity - fixed-maturity securities available-for-sale	6,577,943	6,823,015
Sale - equity securities available-for-sale	2,689,113	7,970,324
Acquisition of fixed assets	(1,260,519)	(808,480)
Recovery of loss from failed bank	0	51,587
Other investing activities	10,840	27,535
Net cash flows used in investing activities	(14,902,052)	(25,998,677)
Cash flows (used in) provided by financing activities:
Proceeds from exercise of stock options	0	5,877
Withholding taxes paid on net exercise of stock options	(243,662)	(133,418)
Excess tax benefit from exercise of stock options	223,721	136,971
Purchase of treasury stock	(278,022)	(46,728)
Dividends paid	(1,557,398)	(1,312,625)
Net cash flows used in financing activities	(1,855,361)	(1,349,923)
Increase (decrease) in cash and cash equivalents	3,644,494	(10,015,628)
Cash and cash equivalents, beginning of period	9,906,878	19,922,506
Cash and cash equivalents, end of period	13,551,372	9,906,878
Supplemental disclosures of cash flow information:
Cash paid for income taxes	3,596,754	2,555,400
Cash paid for interest	0	0
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	$ 133,418