Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues
Investment income, net of expenses	$ 10,541	$ 3,220	$ 16,783	$ 6,107
Net realized gain (loss) on investments (See Note 4)	(12,636)	4,060	(18,810)	(589)
Amortization of deferred gain on reinsurance transactions	1,043	588	2,012	1,048
Service fee revenue, net of expenses	416	672	1,514	1,110
Other revenue	514	358	962	607
Total revenue	(122)	8,898	2,461	8,283
Expenses
Interest credited	(5,496)	3,931	(12,170)	1,585
Benefits	994		994
Amortization of deferred acquisition costs	1,052	524	1,902	1,027
Salaries and benefits	4,298	4,514	8,615	7,441
Other operating expenses	(2,240)	4,174	(4,060)	2,645
Total expenses	(1,392)	13,143	(4,719)	12,698
Net income (loss) before income tax expense	1,270	(4,245)	7,180	(4,415)
Income tax benefit (expense) (See Note 8)	2,125	(747)	(2,597)	(2,179)
Net income (loss) after income tax expense	3,395	(4,992)	4,583	(6,594)
Less: Income attributable to noncontrolling interest	(5,871)		(4,869)
Net income (loss) attributable to Midwest Holding Inc.	9,266	(4,992)	9,452	(6,594)
Comprehensive income (loss):
Unrealized gains (losses) on investments arising during the three months ended June 2022 and 2021, net of offsets, net of tax ($2.0 million and $120,000, respectively); unrealized gains (losses) on investments arising during the six months ended June 2022 and 2021, net of offsets, net of tax ($4.7 million and $61,000, respectively)	(19,666)	373	(29,369)	1,336
Less: Reclassification adjustment for net realized losses on investments, net of offsets during the three months ended June 2022 and 2021 (net of tax ($2.4 million) and $209,000, respectively); reclassification adjustment for net realized losses on investments, net of offsets during the six months ended June 2022 and 2021 (net of tax ($5.0 million) and $294,000, respectively)	1,369	(785)	858	(1,106)
Other comprehensive income (loss)	(18,296)	(412)	(28,511)	230
Comprehensive loss	(9,030)	$ (5,404)	(19,059)	$ (6,364)
Total other-than-temporary impairment	534		534
Net other-than-temporary impairment loss recognized in net income	$ 534		$ 534
Income (Loss) per common share
Basic (in dollars per share)	$ 2.48	$ (1.34)	$ 2.53	$ (1.76)
Diluted (in dollars per share)	$ 2.47	$ (1.34)	$ 2.52	$ (1.76)