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Investment in Great Plains Financial Corporation and First Wyoming Capital Corporation (Schedule of Pro Forma Information) (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Investment in Great Plains Financial Corporation and First Wyoming Capital Corporation [Abstract]  
Premiums $ 5,494,457
Other income 1,176,681
Expenses 9,419,078
Net loss (2,747,940)
Less: Loss attributable to noncontrolling interests (794,485)
Net loss attributable to Midwest Holding Inc. $ (1,953,455)
Net loss attributable to Midwest Holding Inc. per common share $ (0.21)