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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Assets    
Investments, available for sale, at fair value Fixed maturities (amortized cost: $19,226,841 and $21,529,779, respectively) $ 17,384,183 $ 21,005,907
Real estate, held for investment 505,688
Policy loans 43,843 86,491
Total investments 17,428,026 21,598,086
Cash and cash equivalents 2,832,567 951,527
Amounts recoverable from reinsurers 23,100,644 22,393,225
Interest due and accrued 200,708 223,166
Due premiums 346,870 374,351
Intangible assets 700,000 700,000
Property and equipment, net 91,414 127,976
Other assets 261,884 97,898
Assets associated with business held for sale (see Note 3) 20,937,071 3,203,383
Total assets 65,899,184 49,669,612
Liabilities:    
Benefit reserves 16,012,655 16,737,295
Policy claims 270,785 296,091
Deposit-type contracts 7,234,927 8,314,297
Advance premiums 490 4,410
Deferred gain on coinsurance transactions 3,899,999 955,427
Total policy liabilities 27,418,856 26,307,520
Notes payable 18,938,705
Accounts payable and accrued expenses 1,125,840 739,466
Liabilities associated with business held for sale (see Note 3) 21,052,733 19,837,247
Surplus notes 550,000
Total liabilities 68,536,134 47,434,233
Commitments and Contingencies (See Note 10)  
Stockholders' Equity:    
Common stock, $0.001 par value. Authorized 2,000,000,000 shares; issued and outstanding 22,873,764 and 22,860,701 as of December 31, 2018 and 2017, respectively. 22,874 22,861
Additional paid-in capital 33,006,242 33,006,255
Accumulated deficit (35,348,052) (30,282,518)
Accumulated other comprehensive loss (1,818,014) (511,219)
Total stockholders' (deficit) equity (4,136,950) 2,235,379
Total liabilities, mezzanine and stockholders' (deficit) equity 65,899,184 49,669,612
Series C Preferred Stock [Member]    
Mezzanine Equity:    
Preferred stock, Series C , $0.001 par value. Authorized 1,500,00 shares; issued and outstanding 1,500,000 as of December 31, 2018 $ 1,500,000