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INVESTMENTS (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Schedule of Available-for-sale Securities [Line Items]      
Cost $ 1,181,965,334    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost 1,123,407,813 1,032,695,902  
Gross unrealized gains 98,434,234 108,828,734  
Gross unrealized losses 24,009,760 1,435,954  
Estimated fair value 1,197,832,287 1,140,088,682  
Amount at which shown in the balance sheet 1,256,389,808    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 318,106,929 68,639,279  
Twelve months or longer, Fair value 43,693,136 1,884,000  
Total, Fair value 361,800,065 70,523,279  
Less than twelve months, Unrealized losses 18,717,528 1,319,954  
Twelve months or longer, Unrealized losses 5,292,232 116,000  
Total, Unrealized losses 24,009,760 1,435,954  
Amortized cost      
Due in one year or less 4,081,655    
Due after one year through five years 208,280,054    
Due after five years through ten years 144,873,434    
Due after ten years 493,093,860    
Mortgage-backed securities 159,243,322    
Totals 1,009,572,325    
Estimated fair value      
Due in one year or less 4,129,740    
Due after one year through five years 220,054,211    
Due after five years through ten years 148,508,936    
Due after ten years 492,172,360    
Mortgage-backed securities 163,118,766    
Totals 1,027,984,013 999,794,857  
Realized Investment Gains (Losses) [Abstract]      
'Other-than-temporary' impairments (63,647) (185,623) (5,960,133)
Net realized investment gains (losses) 8,996,545 8,017,028 9,303,293
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]      
Balance at beginning of year 0 0 207,854
Reduction for credit loss associated with previously recognized other-than-temporary impairment due to management's intent to sell the security 0 0 (207,854)
Balance at end of year 0 0 0
Investment Income, Net [Abstract]      
Interest on fixed maturity securities 40,062,086 41,699,293 44,874,829
Dividends on equity securities 4,619,367 3,851,932 2,361,929
Interest on short-term investments 27,083 128,769 56,581
Return on long-term investments 21,866 11,584 27,472
Total investment income 44,730,402 45,691,578 47,320,811
Security litigation income 219,199 58,711 86,948
Investment expenses (1,927,426) (1,605,215) (1,296,834)
Net investment income (loss) 43,022,175 44,145,074 46,110,925
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax [Abstract]      
Net changes in unrealized holding gains (losses), income tax amount (11,538,908) 10,043,215 7,463,995
Net changes in unrealized holding gains (losses) net of tax (21,429,398) 18,651,683 13,861,700
Debt Securities [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 1,009,572,325    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   920,843,939  
Gross unrealized gains 41,235,909 79,822,707  
Gross unrealized losses 22,824,221 871,789  
Estimated fair value   999,794,857  
Amount at which shown in the balance sheet 1,027,984,013    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 308,970,965 63,828,814  
Twelve months or longer, Fair value 42,209,136 0  
Total, Fair value 351,180,101 63,828,814  
Less than twelve months, Unrealized losses 18,047,989 871,789  
Twelve months or longer, Unrealized losses 4,776,232 0  
Total, Unrealized losses 22,824,221 871,789  
Realized Investment Gains (Losses) [Abstract]      
Held-to-maturity, Gross realized investment gains 0 0 47,077
Available-for-sale, Gross realized investment gains 1,225,954 795,199 1,236,302
Available-for-sale, Gross realized investment losses (725,062) (9,777) (572,071)
'Other-than-temporary' impairments 0 0 (221,956)
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax [Abstract]      
Net changes in unrealized holding gains (losses) before tax (60,539,230) 20,686,958 26,309,716
Net changes in unrealized holding gains (losses), income tax amount (21,188,730) 7,240,435 9,208,402
Net changes in unrealized holding gains (losses) net of tax (39,350,500) 13,446,523 17,101,314
US Treasury Securities [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 9,539,657    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   4,697,762  
Gross unrealized gains 191,560 287,140  
Gross unrealized losses 318,720 0  
Estimated fair value   4,984,902  
Amount at which shown in the balance sheet 9,412,497    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 4,506,640    
Twelve months or longer, Fair value 0    
Total, Fair value 4,506,640    
Less than twelve months, Unrealized losses 318,720    
Twelve months or longer, Unrealized losses 0    
Total, Unrealized losses 318,720    
US Government-sponsored Enterprises Debt Securities [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 156,980,739    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   159,548,303  
Gross unrealized gains 1,355,805 3,228,302  
Gross unrealized losses 11,390,825 333,975  
Estimated fair value   162,442,630  
Amount at which shown in the balance sheet 146,945,719    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 93,855,585 33,950,271  
Twelve months or longer, Fair value 24,053,560 0  
Total, Fair value 117,909,145 33,950,271  
Less than twelve months, Unrealized losses 8,119,934 333,975  
Twelve months or longer, Unrealized losses 3,270,891 0  
Total, Unrealized losses 11,390,825 333,975  
US States and Political Subdivisions Debt Securities [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 346,554,566    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   335,188,220  
Gross unrealized gains 15,039,209 35,776,373  
Gross unrealized losses 4,542,086 2,479  
Estimated fair value   370,962,114  
Amount at which shown in the balance sheet 357,051,689    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 74,522,866 3,234,180  
Twelve months or longer, Fair value 3,008,580 0  
Total, Fair value 77,531,446 3,234,180  
Less than twelve months, Unrealized losses 4,335,400 2,479  
Twelve months or longer, Unrealized losses 206,686 0  
Total, Unrealized losses 4,542,086 2,479  
Commercial Mortgage Backed Securities [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 63,184,992    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   69,952,036  
Gross unrealized gains 5,842,361 10,412,989  
Gross unrealized losses 87,776 15,843  
Estimated fair value   80,349,182  
Amount at which shown in the balance sheet 68,939,577    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 10,550,634 3,773,043  
Twelve months or longer, Fair value 0 0  
Total, Fair value 10,550,634 3,773,043  
Less than twelve months, Unrealized losses 87,776 15,843  
Twelve months or longer, Unrealized losses 0 0  
Total, Unrealized losses 87,776 15,843  
Residential Mortgage Backed Securities [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 96,058,330    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   46,286,598  
Gross unrealized gains 1,073,040 1,777,113  
Gross unrealized losses 2,952,181 274,107  
Estimated fair value   47,789,604  
Amount at which shown in the balance sheet 94,179,189    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 44,243,259 5,303,741  
Twelve months or longer, Fair value 4,599,942 0  
Total, Fair value 48,843,201 5,303,741  
Less than twelve months, Unrealized losses 2,481,862 274,107  
Twelve months or longer, Unrealized losses 470,319 0  
Total, Unrealized losses 2,952,181 274,107  
Collateralized Debt Obligations [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 11,455,608    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   9,720,662  
Gross unrealized gains 1,192,028 1,566,186  
Gross unrealized losses 0 0  
Estimated fair value   11,286,848  
Amount at which shown in the balance sheet 12,647,636    
Corporate Debt Securities [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 325,798,433    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   295,450,358  
Gross unrealized gains 16,541,906 26,774,604  
Gross unrealized losses 3,532,633 245,385  
Estimated fair value   321,979,577  
Amount at which shown in the balance sheet 338,807,706    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 81,291,981 17,567,579  
Twelve months or longer, Fair value 10,547,054 0  
Total, Fair value 91,839,035 17,567,579  
Less than twelve months, Unrealized losses 2,704,297 245,385  
Twelve months or longer, Unrealized losses 828,336 0  
Total, Unrealized losses 3,532,633 245,385  
Equity Securities [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 113,835,488    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   111,851,963  
Gross unrealized gains 57,198,325 29,006,027  
Gross unrealized losses 1,185,539 564,165  
Estimated fair value   140,293,825  
Amount at which shown in the balance sheet 169,848,274    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 9,135,964 4,810,465  
Twelve months or longer, Fair value 1,484,000 1,884,000  
Total, Fair value 10,619,964 6,694,465  
Less than twelve months, Unrealized losses 669,539 448,165  
Twelve months or longer, Unrealized losses 516,000 116,000  
Total, Unrealized losses 1,185,539 564,165  
Realized Investment Gains (Losses) [Abstract]      
Available-for-sale, Gross realized investment gains 9,457,892 9,983,532 18,604,135
Available-for-sale, Gross realized investment losses (898,592) (2,566,303) (4,052,016)
'Other-than-temporary' impairments (63,647) (185,623) (5,738,178)
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax [Abstract]      
Net changes in unrealized holding gains (losses) before tax 27,570,924 8,007,940 (4,984,021)
Net changes in unrealized holding gains (losses), income tax amount 9,649,822 2,802,780 (1,744,407)
Net changes in unrealized holding gains (losses) net of tax 17,921,102 5,205,160 (3,239,614)
Common stocks Financial services [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 19,272,973    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   14,496,766  
Gross unrealized gains 9,374,101 3,630,544  
Gross unrealized losses 148,745 33,922  
Estimated fair value   18,093,388  
Amount at which shown in the balance sheet 28,498,329    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value   881,580  
Twelve months or longer, Fair value   0  
Total, Fair value   881,580  
Less than twelve months, Unrealized losses   33,922  
Twelve months or longer, Unrealized losses   0  
Total, Unrealized losses   33,922  
Common stocks Information technology [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 12,644,716    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   12,331,378  
Gross unrealized gains 6,301,287 4,722,076  
Gross unrealized losses 28,635 127,690  
Estimated fair value   16,925,764  
Amount at which shown in the balance sheet 18,917,368    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 609,630 1,435,122  
Twelve months or longer, Fair value 0 0  
Total, Fair value 609,630 1,435,122  
Less than twelve months, Unrealized losses 28,635 127,690  
Twelve months or longer, Unrealized losses 0 0  
Total, Unrealized losses 28,635 127,690  
Common stocks Healthcare [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 12,801,287    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   14,823,967  
Gross unrealized gains 9,143,327 4,199,882  
Gross unrealized losses 0 0  
Estimated fair value   19,023,849  
Amount at which shown in the balance sheet 21,944,614    
Common stocks Consumer staples [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 9,162,313    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   12,019,892  
Gross unrealized gains 3,848,590 1,593,039  
Gross unrealized losses 221 3,404  
Estimated fair value   13,609,527  
Amount at which shown in the balance sheet 13,010,682    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 29,648 90,080  
Twelve months or longer, Fair value 0 0  
Total, Fair value 29,648 90,080  
Less than twelve months, Unrealized losses 221 3,404  
Twelve months or longer, Unrealized losses 0 0  
Total, Unrealized losses 221 3,404  
Common stocks Consumer discretionary [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 10,722,050    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   10,829,547  
Gross unrealized gains 10,309,245 6,261,000  
Gross unrealized losses 0 0  
Estimated fair value   17,090,547  
Amount at which shown in the balance sheet 21,031,295    
Common stocks Energy [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 14,102,214    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   14,629,926  
Gross unrealized gains 7,341,182 4,800,404  
Gross unrealized losses 326,131 0  
Estimated fair value   19,430,330  
Amount at which shown in the balance sheet 21,117,265    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 1,450,037    
Twelve months or longer, Fair value 0    
Total, Fair value 1,450,037    
Less than twelve months, Unrealized losses 326,131    
Twelve months or longer, Unrealized losses 0    
Total, Unrealized losses 326,131    
Common stocks Industrials [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 11,189,958    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   7,638,633  
Gross unrealized gains 6,075,540 936,183  
Gross unrealized losses 1,354 0  
Estimated fair value   8,574,816  
Amount at which shown in the balance sheet 17,264,144    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 625,124    
Twelve months or longer, Fair value 0    
Total, Fair value 625,124    
Less than twelve months, Unrealized losses 1,354    
Twelve months or longer, Unrealized losses 0    
Total, Unrealized losses 1,354    
Common stocks Other [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 13,357,539    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   16,749,417  
Gross unrealized gains 4,489,391 2,215,172  
Gross unrealized losses 35,753 283,149  
Estimated fair value   18,681,440  
Amount at which shown in the balance sheet 17,811,177    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 1,498,700 2,403,683  
Twelve months or longer, Fair value 0 0  
Total, Fair value 1,498,700 2,403,683  
Less than twelve months, Unrealized losses 35,753 283,149  
Twelve months or longer, Unrealized losses 0 0  
Total, Unrealized losses 35,753 283,149  
Nonredeemable Preferred Stock [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Cost 10,582,438    
Amortized cost and estimated fair value of available-for-sale securities [Abstract]      
Amortized cost   8,332,437  
Gross unrealized gains 315,662 647,727  
Gross unrealized losses 644,700 116,000  
Estimated fair value   8,864,164  
Amount at which shown in the balance sheet 10,253,400    
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 2,121,300 0  
Twelve months or longer, Fair value 1,484,000 1,884,000  
Total, Fair value 3,605,300 1,884,000  
Less than twelve months, Unrealized losses 128,700 0  
Twelve months or longer, Unrealized losses 516,000 116,000  
Total, Unrealized losses 644,700 116,000  
Equity Securities [Member] | Common stocks Financial services [Member]
     
Available for sale securities continuous unrealized loss position [Abstract]      
Less than twelve months, Fair value 2,801,525    
Twelve months or longer, Fair value 0    
Total, Fair value 2,801,525    
Less than twelve months, Unrealized losses 148,745    
Twelve months or longer, Unrealized losses 0    
Total, Unrealized losses $ 148,745