Investments (Tables)

12 Months Ended

Dec. 31, 2013

Investments [Abstract]

Schedule of Available for Sale Investments

			Gross		Gross
	Amortized		Unrealized		Unrealized		Estimated
	Cost		Gains		Losses		Fair Value
December 31, 2013:
Fixed maturities:
U.S. government obligations	$	2,483,199	$	23,398	$	43,502	$	2,463,095
States and political subdivisions - general obligations		1,147,325		-		107,030		1,040,295
States and political subdivisions - special revenue		1,573,336		-		118,944		1,454,392
Corporate		9,728,599		2,378		498,052		9,232,925
Total fixed maturities		14,932,459		25,776		767,528		14,190,707
Equity securities:
Preferred corporate stock		75,000		-		-		75,000
Total equity securities		75,000		-		-		75,000
Total	$	15,007,459	$	25,776	$	767,528	$	14,265,707
December 31, 2012:
Fixed maturities:
U.S. government obligations	$	2,126,977	$	89,748	$	-	$	2,216,725
States and political subdivisions - general obligations		1,219,757		1,298		22,620		1,198,435
States and political subdivisions - special revenue		1,766,140		2,242		44,229		1,724,153
Corporate		5,502,159		19,630		127,639		5,394,150
Total fixed maturities		10,615,033		112,918		194,488		10,533,463
Equity securities:
Common corporate stock		1,199,111		1,850		24,984		1,175,977
Preferred corporate stock		75,000		-		-		75,000
Total equity securities		1,274,111		1,850		24,984		1,250,977
Total	$	11,889,144	$	114,768	$	219,472	$	11,784,440

Schedule of Amortized Cost, Fair Value, Credit Rating

	Amortized		Estimated Fair
	Cost		Value		Credit Rating
December 31, 2013:
Fixed maturities:
States and political subdivisions - general obligations
Maricopa County Arizona School District No. 31	$	341,390	$	332,112	AA-

Schedule of Unrealized Loss of Securities

	December 31, 2013					December 31, 2012
			Gross		Number			Gross		Number
	Estimated		Unrealized		of	Estimated		Unrealized		of
	Fair Value		Loss		Securities	Fair Value		Loss		Securities
Fixed Maturities:
Less than 12 months:
U.S. government obligations	$	578,914	$	43,502	6	$	-	$	-	-
States and political subdivisions -
general obligations		320,416		32,506	3		730,863		14,810	5
States and political subdivisions -
special revenue		653,897		56,717	11		1,256,996		35,403	12
Corporate		7,998,855		498,052	73		3,607,480		114,620	22
Greater than 12 months:
States and political subdivisions -
general obligations		719,879		74,524	4		226,846		7,810	1
States and political subdivisions -
special revenue		800,495		62,227	6		202,390		8,826	1
Corporate		-		-	-		86,400		13,019	1
Total fixed maturities	$	11,072,456	$	767,528	103	$	6,110,975	$	194,488	42
Equity Securities:
Less than 12 months:
Common corporate stock	$	-	$	-	-	$	1,072,325	$	24,984	3
Total equity securities		-		-	-		1,072,325		24,984	3
Total	$	11,072,456	$	767,528	103	$	7,183,300	$	219,472	45

Schedule of Fixed Maturities

	Amortized		Estimated
	Cost		Fair Value
Due in one year or less	$	1,325,740	$	1,324,378
Due after one year through five years		2,262,985		2,254,934
Due after five years through ten years		8,398,569		7,943,789
Due after ten years		2,945,165		2,667,606
	$	14,932,459	$	14,190,707

Components of Net Investment Income

	Year Ended December 31,
	2013			2012
Fixed maturities	$	398,377		$	349,677
Equity securities		32,493			11,363
Cash and short-term investments		14,804			8,913
Gain from equity method investments		(10,023	)		36,043
Other		132,634			131,584
		568,285			537,580
Less investment expenses		(46,539	)		(57,397	)
	$	521,746		$	480,183

Schedule of Mortgage Loan Activity

	Year Ended December 31,
	2013			2012
Balance at beginning of period	$	677,011		$	915,465
Proceeds from payments on mortgage loans on real estate, held for investment		(11,442	)		(238,454	)
Balance at end of period	$	665,569		$	677,011