Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
NET CASH PROVIDED BY OPERATING ACTIVITIES	$ 12,964,120	$ 4,146,457
INVESTING ACTIVITIES
Purchases of available-for-sale securities	(89,724,430)	(30,571,100)
Sales of available-for-sale securities	35,306,604	5,836,594
Maturities of available-for-sale securities	40,899,144	20,007,088
Acquisitions of mortgage loans on real estate	(1,102,901)	(2,165,000)
Payments of mortgage loans on real estate	1,371,915	4,125,114
Purchases of state-guaranteed receivables		(1,247,494)
Payments of state-guaranteed receivables	481,280	426,780
Acquisitions of short-term investments		(34,188)
Sales and maturities of short-term investments		17,094
Net change in payable (receivable) for securities	219,158	(87,103)
Net reductions of other investments	230,853	627,523
Net additions to property and equipment	(76,139)	(623,697)
NET CASH USED IN INVESTING ACTIVITIES	(11,749,516)	(3,688,389)
FINANCING ACTIVITIES
Receipts from universal life policies credited to policyholder account balances	4,002,096	4,295,466
Return of policyholder account balances on universal life policies	(7,008,323)	(6,323,287)
Payments on notes payable	(3,060,944)	(3,286,553)
Proceeds from notes payable	2,764,381	2,741,666
Dividends paid	(285,471)	(265,129)
Issuances (repurchases) of common stock, net	(201,352)	95,804
NET CASH USED IN FINANCING ACTIVITIES	(3,789,613)	(2,742,033)
DECREASE IN CASH AND CASH EQUIVALENTS	(2,575,009)	(2,283,965)
Cash and cash equivalents at beginning of period	6,009,905	6,534,616
CASH AND CASH EQUIVALENTS AT END OF PERIOD	3,434,896	4,250,651
Sale of Investment in Derivative [Member]
INVESTING ACTIVITIES
Sale of investment in derivative	$ 645,000