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Income Tax Matters (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Deferred tax assets:    
Loss carryforwards $ 1,062,759 $ 1,429,458
Capitalized costs 233,806 269,472
Unrealized losses on investments   390,349
Policy acquisition costs 661,065  
Charitable contribution carryforward 2,394  
Property and equipment 15,508  
Benefit reserves 565,405 192,858
Total deferred tax assets 2,540,937 2,282,137
Less valuation allowance (2,210,492) (1,928,454)
Total deferred tax assets, net of valuation allowance 330,445 353,683
Deferred tax liabilities:    
Policy acquisition costs 74,080  
Due premiums 83,754 117,144
Intangible assets 147,000 147,000
Policy loans 25,611 86,245
Property and equipment   3,294
Total deferred tax liabilities $ 330,445 $ 353,683