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CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Insurance premiums $ 2,327 $ 3,589 $ (152) $ 16,296
Investment income, net of expenses (308,100) 210,981 330,910 615,913
Net realized gains (losses) on investments 12,532 (83,613) 9,315 (285,487)
Amortization of deferred gain on reinsurance 613,079 12,094 2,465,678 36,282
Miscellaneous income 132,298 27,425 214,633 78,709
Total Revenues 452,136 170,476 3,020,384 461,713
Expenses:        
Interest credited (208,292) 478 42,895 93,646
Benefits   6,904 1,872 47,936
Increase in benefit reserves 34,500 2,338 34,500 (54,621)
Amortization of deferred acquisition costs 66,638   88,503  
Salaries and benefits 667,634 559,377 1,782,708 1,471,914
Other operating expenses 1,393,014 1,575,152 4,898,134 2,529,145
Total Expenses 1,953,494 2,144,249 6,848,612 4,088,020
Loss from continuing operations before taxes (1,501,358) (1,973,773) (3,828,228) (3,626,307)
Federal income tax (114,642)   (114,642)  
Loss from continuing operations (1,616,000) (1,973,773) (3,942,870) (3,626,307)
Loss from discontinued operations   10,494   (15,496)
Gain (loss) from discontinued operations   10,494   (15,496)
Net loss (1,616,000) (1,963,279) (3,942,870) (3,641,803)
Less: Gain attributable to noncontrolling interest (46,814)   (46,814)  
Net loss (1,662,814) (1,963,279) (3,989,684) (3,641,803)
Comprehensive loss:        
Unrealized gains (losses) on investments arising during period 512,773 (137,982) 2,223,929 (1,232,778)
Less: reclassification adjustment for net realized (gains) losses on investments (12,532) 83,613 (9,315) 285,487
Other comprehensive income (loss) 500,241 (54,369) 2,214,614 (947,291)
Comprehensive loss: $ (1,115,759) $ (2,017,648) $ (1,728,256) $ (4,589,094)
Basic $ (0.002) $ (0.090) $ (0.009) $ (0.160)
Diluted $ (0.002) $ (0.002) $ (0.009) $ (0.010)