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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities:    
Net loss $ (5,065,534) $ (2,749,071)
Adjustments to arrive at cash provided by operating activities:    
Net premium and discount on investments 102,285 177,926
Depreciation and amortization 61,349 298,916
Amortization of deferred acquisition costs 19,521
Net realized gains on investments 334,928 (3,550)
Deferred coinsurance ceding commission 2,944,572 955,427
Write-down of DAC and VOBA from coinsurance transaction 1,523,431
Commutation of Security National Life Insurance assumed business (2,544,929)
Changes in operating assets and liabilities:    
Amounts recoverable from reinsurers (707,419) (10,808,991)
Interest and dividends due and accrued 22,458 88,888
Due premiums 21,507 5,779
Policy liabilities 254,614 1,592,470
Other assets and liabilities 191,710 (29,203)
Other assets and liabilities - Discontinued Operations (15,985,733) 1,762,633
Extinguishment of Hot Dot payable (486,361)
Net cash used for operating activities (20,370,192) (7,652,185)
Cash Flows from Investing Activities:    
Purchases (8,382,284) (26,266,795)
Proceeds from sale or maturity 10,243,118 33,586,723
Other invested assets:    
Purchases (100,000)
Proceeds from sale or maturity 104,892
Net change in policy loans 9,630 (19,658)
Net purchases of property and equipment (12,747) (32,567)
Net cash provided by investing activities 1,862,609 7,267,703
Cash Flows from Financing Activities:    
Proceeds from issuance of preferred stock 1,500,000  
Preferred stock dividend (30,544)
Proceeds from issuance of notes payable 18,938,705
Receipts on deposit-type contracts 650 944,625
Withdrawals on deposit-type contracts (50,732) (239,617)
Net cash provided by financing activities 20,388,623 674,464
Net increase in cash and cash equivalents 1,881,040 289,982
Cash and cash equivalents:    
Beginning 951,527 661,545
Ending 2,832,567 951,527
Settlement of real estate and surplus notes:    
Book value of real estate settled 493,648
Book value of surplus notes (including interest) (876,400)
Gain from settlement of real estate and surplus notes 382,752
Converted Series B Preferred Stock (177)
Common stock issues from converted Series B Preffered Stock 177
Total