FAIR VALUE MEASUREMENTS (Details) (USD $)	6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Jun. 30, 2011	Dec. 31, 2010
Liabilities [Abstract]
Trading Securities	$ 6,869,725	$ 4,187,885
Policy loan interest rate, minimum (in hundredths)	4.00%
Policy loan interest rate, maximum (in hundredths)	8.00%
Assets [Abstract]
Discounted mortgage loans	30,348,107	27,467,920
Investment real estate	60,914,817	62,701,375
Cash and cash equivalents	15,649,812	82,925,675	21,468,891	18,483,452
Liabilities [Abstract]
Trading securities	6,869,725	4,187,885
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	10,170,685
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	95,770
Purchases	8,335,013
Sales	0
Transfers in to Level 3	0
Transfers out of Level 3	0
Ending Balance	18,601,468
Fixed Maturities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	215,317
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	31,304
Purchases	0
Sales	0
Transfers in to Level 3	0
Transfers out of Level 3	0
Ending Balance	246,621
Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	9,955,368
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	64,466
Purchases	8,335,013
Sales	0
Transfers in to Level 3	0
Transfers out of Level 3	0
Ending Balance	18,354,847
Carrying Amount [Member]
Assets [Abstract]
Mortgage loans on real estate	22,503,095	9,272,919
Discounted mortgage loans	30,348,107	27,467,920
Investment real estate	60,914,817	62,701,375
Policy Loans	12,829,856	13,312,229
Cash and cash equivalents	15,649,812	82,925,675
Liabilities [Abstract]
Notes payable	9,591,220	9,531,645
Estimated Fair Value [Member]
Assets [Abstract]
Mortgage loans on real estate	23,288,974	9,116,148
Discounted mortgage loans	30,348,107	27,467,920
Investment real estate	60,914,817	62,701,375
Policy Loans	12,829,856	13,312,229
Cash and cash equivalents	15,649,812	82,925,675
Liabilities [Abstract]
Notes payable	9,582,289	9,519,300
Measured on a recurring basis [Member]
Assets [Abstract]
Fixed Maturities, available for sale	164,090,425	124,583,177
Equity Securities, available for sale	25,731,410	17,299,628
Trading Securities	13,600,784	8,519,064
Total Financial Assets	203,422,619	150,401,869
Liabilities [Abstract]
Trading Securities	8,345,575	5,471,475
Assets [Abstract]
Fixed maturities available for sale	164,090,425	124,583,177
Trading securities	13,600,784	8,519,064
Liabilities [Abstract]
Trading securities	8,345,575	5,471,475
Measured on a recurring basis [Member] | Level 1 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	18,268,606	59,735,100
Equity Securities, available for sale	0	0
Trading Securities	13,600,784	8,519,064
Total Financial Assets	31,869,390	68,254,164
Liabilities [Abstract]
Trading Securities	8,345,575	5,471,475
Assets [Abstract]
Fixed maturities available for sale	18,268,606	59,735,100
Trading securities	13,600,784	8,519,064
Liabilities [Abstract]
Trading securities	8,345,575	5,471,475
Measured on a recurring basis [Member] | Level 2 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	145,575,198	64,632,760
Equity Securities, available for sale	7,376,563	7,344,260
Trading Securities	0	0
Total Financial Assets	152,951,761	71,977,020
Liabilities [Abstract]
Trading Securities	0	0
Assets [Abstract]
Fixed maturities available for sale	145,575,198	64,632,760
Trading securities	0	0
Liabilities [Abstract]
Trading securities	0	0
Measured on a recurring basis [Member] | Level 3 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	246,621	215,317
Equity Securities, available for sale	18,354,847	9,955,368
Trading Securities	0	0
Total Financial Assets	18,601,468	10,170,685
Liabilities [Abstract]
Trading Securities	0	0
Assets [Abstract]
Fixed maturities available for sale	246,621	215,317
Trading securities	0	0
Liabilities [Abstract]
Trading securities	$ 0	$ 0