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Income Tax Matters (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Deferred tax assets:    
Loss carryforwards $ 436,777 $ 1,429,458
Capitalized costs 221,918 269,472
Stock option granted 4,566  
Unrealized losses on investments   390,349
Policy acquisition costs 1,468,030  
Charitable contribution carryforward 1,020  
Property and equipment 15,508  
Benefit reserves 848,643 192,858
Total deferred tax assets 2,996,462 2,282,137
Less valuation allowance (2,618,741) (1,928,454)
Total deferred tax assets, net of valuation allowance 377,721 353,683
Deferred tax liabilities:    
Unrealized losses on investments 116,088  
Due premiums 81,789 117,144
Intangible assets 147,000 147,000
Policy loans 32,844 86,245
Property and equipment   3,294
Total deferred tax liabilities 377,721 353,683
Net deferred tax assets