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Income Tax Matters (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Loss carryforwards $ 427,075 $ 436,777
Capitalized costs 210,030 221,918
Stock option granted 7,072 4,566
Unrealized losses on investments 5,568,896  
Policy acquisition costs 1,728,134 1,468,030
Charitable contribution carryforward 1,230 1,020
Property and equipment 23,362 15,508
Benefit reserves 1,338,072 848,643
Total deferred tax assets 9,303,871 2,996,462
Less valuation allowance (4,156,035) (2,618,741)
Total deferred tax assets, net of valuation allowance 5,147,836 377,721
Deferred tax liabilities:    
Unrealized losses on investments 4,880,173 116,088
Due premiums 84,076 81,789
Intangible assets 147,000 147,000
Policy loans 36,587 32,844
Total deferred tax liabilities $ 5,147,836 $ 377,721