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Income Tax Matters (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Deferred tax assets:    
Loss carryforwards $ 9,705,974 $ 8,962,587
Capitalized costs 667,264 667,264
Unrealized losses on investments 436,949 356,495
Benefit reserves 984,640 1,071,997
Total deferred tax assets 11,794,827 11,058,343
Less valuation allowance (10,170,638) (9,287,024)
Total deferred tax assets, net of valuation allowance 1,624,189 1,771,319
Deferred tax liabilities:    
Policy acquisition costs 571,148 593,654
Due premiums 228,136 234,468
Value of business acquired 586,905 693,297
Intangible assets 238,000 238,000
Property and equipment 11,900
Total deferred tax liabilities 1,624,189 1,771,319
Net deferred tax assets