Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenues
Investment income, net of expenses	$ 24,248	$ 10,541	$ 43,441	$ 16,783
Net realized gain (loss) on investments	2,087	(12,636)	18,373	(18,810)
Amortization of deferred gain on reinsurance transactions	1,498	1,043	3,071	2,012
Policy administration fees	480	514	1,119	862
Service fee revenue, net of expenses	631	416	1,285	1,514
Other revenue	122		228	100
Total revenue	29,066	(122)	67,517	2,461
Expenses
Interest credited	12,590	(5,496)	20,279	(12,170)
Benefits	1,206	994	2,163	994
Amortization of deferred acquisition costs	1,914	1,052	3,617	1,902
Salaries and benefits	5,817	4,298	11,320	8,615
Other operating expenses	5,002	(2,240)	18,915	(4,060)
Total expenses	26,529	(1,392)	56,294	(4,719)
Net income before income tax expense	2,537	1,270	11,223	7,180
Income tax (expense) benefit (See Note 9)	(2,969)	2,125	(5,876)	(2,597)
Net (loss) income after income tax expense	(432)	3,395	5,347	4,583
Less: Income (loss) attributable to noncontrolling interest	3,451	(5,871)	5,400	(4,869)
Net (loss) income attributable to Midwest Holding Inc.	(3,883)	9,266	(53)	9,452
Comprehensive loss:
Unrealized gains (losses) on investments arising during the three months ended June 2023 and 2022, net of offsets, net of tax (($0.9) million and $2.0 million, respectively); Unrealized gains (losses) on investments arising during the six months ended June 2023 and 2022, net of offsets, net of tax ($1.3 million and $4.7 million, respectively)	4,322	(19,666)	(6,230)	(29,369)
Less: Reclassification adjustment for net realized gains (losses) on investments, net of offsets during the three months ended June 2023 and 2022 (net of tax less than $(0.1) million and $(2.4) million respectively); Reclassification adjustment for net realized gains (losses) on investments, net of offsets during the six months ended June 2023 and 2022 (net of tax less than $(0.1) million and $(5.0) million respectively)	173	1,369	183	858
Other comprehensive income (loss)	4,495	(18,296)	(6,047)	(28,511)
Comprehensive income (loss):	$ 612	(9,030)	$ (6,100)	(19,059)
Total other-than-temporary impairment		534		534
Net other-than-temporary impairment loss recognized in net income		$ 534		$ 534
Income per common share
Basic (in dollars per share)	$ (1.04)	$ 2.48	$ (0.01)	$ 2.53
Diluted (in dollars per share)	$ (1.04)	$ 2.47	$ (0.01)	$ 2.52