STATUTORY INFORMATION AND DIVIDEND RESTRICTIONS (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
STATUTORY INFORMATION AND DIVIDEND RESTRICTIONS [Abstract]
Statutory surplus of the Company's insurance subsidiaries	$ 416,718,048	$ 354,590,598
Statutory net income (loss)	41,162,157	38,101,856	(5,274,698)
Risk-based capital model assessment for Company	At December 31, 2013, the Company’s insurance subsidiaries had total adjusted statutory capital well in excess of the minimum risk-based capital requirement.
Percentage of statutory surplus as maximum dividend allowable without prior approval of insurance regulatory authorities (in hundredths)	10.00%	10.00%	10.00%
Amount available for distribution to the Company without prior approval	$ 47,976,330