XML 31 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
- Summarized financial information by segment (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Reconciliation of operating profit loss from segment to consolidated          
Premiums earned $ 127,188,280 $ 110,270,460 $ 247,685,532 $ 220,030,216  
Underwriting profit (loss) (2,733,781) (15,351,172) 4,707,737 (6,955,477)  
Net investment income (loss) 11,039,994 11,148,695 21,483,077 22,305,477  
Realized investment gains (losses) 175,253 (1,138,336) 2,843,126 7,779,993  
Other income 163,417 222,751 397,922 461,749  
Interest expense 84,375 225,000 215,625 450,000  
Other expenses 611,853 168,742 758,618 755,259  
Income (loss) before income tax expense (benefit) 7,948,655 (5,511,804) 28,457,619 22,386,483  
Reconciliation of assets from segment to consolidated          
Assets 1,698,025,385   1,698,025,385   1,687,063,626
Eliminations (391,491,544)   (391,491,544)   (396,288,097)
Reclassifications (6,658,627)   (6,658,627)   (66,423)
Total assets 1,299,875,214   1,299,875,214   1,290,709,106
Property and casualty insurance [Member]
         
Reconciliation of operating profit loss from segment to consolidated          
Premiums earned 97,816,887 87,825,285 190,521,905 172,856,675  
Underwriting profit (loss) (10,424,914) (15,391,481) (7,808,109) (13,491,459)  
Net investment income (loss) 8,095,885 8,139,202 15,745,815 16,314,329  
Realized investment gains (losses) 392,319 (752,888) 2,349,103 7,151,901  
Other income 163,417 222,751 397,922 461,749  
Interest expense 84,375 225,000 215,625 450,000  
Other expenses 185,593 178,276 391,199 397,440  
Income (loss) before income tax expense (benefit) (2,043,261) (8,185,692) 10,077,907 9,589,080  
Reconciliation of assets from segment to consolidated          
Assets 936,707,300   936,707,300   934,876,596
Eliminations 0   0   0
Reclassifications 0   0   0
Total assets 936,707,300   936,707,300   934,876,596
Reinsurance [Member]
         
Reconciliation of operating profit loss from segment to consolidated          
Premiums earned 29,371,393 22,445,175 57,163,627 47,173,541  
Underwriting profit (loss) 7,691,133 40,309 12,515,846 6,535,982  
Net investment income (loss) 2,946,180 3,011,279 5,742,704 5,995,204  
Realized investment gains (losses) (217,066) (385,448) 494,023 628,092  
Other income 0 0 0 0  
Interest expense 0 0 0 0  
Other expenses 101,062 (392,315) (340,287) (372,550)  
Income (loss) before income tax expense (benefit) 10,319,185 3,058,455 19,092,860 13,531,828  
Reconciliation of assets from segment to consolidated          
Assets 357,488,107   357,488,107   350,867,500
Eliminations 0   0   0
Reclassifications (6,658,627)   (6,658,627)   0
Total assets 350,829,480   350,829,480   350,867,500
Parent company [Member]
         
Reconciliation of operating profit loss from segment to consolidated          
Premiums earned 0 0 0 0  
Underwriting profit (loss) 0 0 0 0  
Net investment income (loss) (2,071) (1,786) (5,442) (4,056)  
Realized investment gains (losses) 0 0 0 0  
Other income 0 0 0 0  
Interest expense 0 0 0 0  
Other expenses 325,198 382,781 707,706 730,369  
Income (loss) before income tax expense (benefit) (327,269) (384,567) (713,148) (734,425)  
Reconciliation of assets from segment to consolidated          
Assets 403,829,978   403,829,978   401,319,530
Eliminations (391,491,544)   (391,491,544)   (396,288,097)
Reclassifications 0   0   (66,423)
Total assets $ 12,338,434   $ 12,338,434   $ 4,965,010