CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Assets
Investments, available for sale, at fair value maturities (amortized cost: $66,897,963 and $19,226,841, respectively) (see Note 6)	$ 67,264,433	$ 17,384,183
Mortgage loans on real estate, held for investment	10,098,478
Other invested assets	2,976,375
Preferred stock	500,000
Policy loans	42,902	43,843
Total investments	80,882,188	17,428,026
Cash and cash equivalents	24,369,609	2,832,567
Deferred acquisition costs, net	2,311,232
Premiums receivable	346,137	346,870
Accrued investment income	755,197	200,708
Reinsurance recoverables (Note 9)	24,103,438	23,100,644
Intangible assets	700,000	700,000
Property and equipment, net	71,052	91,414
Operating lease right of use assets	500,615	592,065
Other assets	369,128	261,884
Assets associated with business held for sale (see Note 4)	8,118,055	20,937,071
Total assets	142,526,651	66,491,249
Liabilities:
Benefit reserves	16,251,544	16,012,655
Policy claims	205,040	270,785
Deposit-type contracts	87,901,054	7,234,927
Advance premiums	927	490
Long-term debt		18,938,705
Deferred gain on coinsurance transactions	6,721,254	3,899,999
Lease liabilities (See Note 13):
Finance lease	3,720	9,299
Operating lease	554,921	646,519
Other liabilities	7,189,689	1,062,087
Liabilities associated with business held for sale (see Note 4)	8,116,325	21,052,733
Total liabilities	126,944,474	69,128,199
Commitments and Contingencies (See Note 12)
Stockholders' Equity:
Common stock, $0.001 par value. Authorized 1,970,000,000 shares; issued and outstanding 1,023,408,553 as of September 30, 2019 and 22,873,764 as of December 31, 2018.	1,023,409	22,874
Additional paid-in capital	53,451,243	33,006,242
Accumulated deficit	(39,337,736)	(35,348,052)
Accumulated other comprehensive income (loss)	396,600	(1,818,014)
Total Midwest Holding Inc.'s stockholders' equity (deficit)	15,533,516	(4,136,950)
Noncontrolling interest	48,661
Total stockholders' equity (deficit)	15,582,177	(4,136,950)
Total liabilities and stockholders' equity	$ 142,526,651	66,491,249
Series C Preferred Stock [Member]
Stockholders' Equity:
Preferred stock, Series C, $0.001 par value. Authorized 1,500,000 shares; issued and outstanding none as of September 30, 2019 and 1,500,000 as of December 31, 2018		$ 1,500,000