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Income Statement (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenues:    
Premiums and policy fees $ 13,276,880 $ 14,082,400
Ceded reinsurance premiums and policy fees (3,365,796) (3,935,191)
Net investment income 18,519,257 11,198,165
Other income 2,098,642 2,055,502
Revenues before realized gains 30,528,983 23,400,876
Other-than-temporary impairments (187,405) (4,342,784)
Other realized investment gains, net 14,492,717 15,905,413
Total realized investment gains, net 14,305,312 11,562,629
Total revenues 44,834,295 34,963,505
Benefits and other expenses:    
Life 21,436,471 20,539,432
Ceded Reinsurance benefits and claims (4,223,621) (3,843,351)
Annuity 1,074,622 1,044,455
Dividends to policyholders 501,070 514,268
Commissions and amortization of deferred policy acquisition costs (443,102) (941,581)
Amortization of cost of insurance acquired 1,145,501 1,231,015
Operating expenses 9,604,668 8,389,781
Interest expense 296,868 260,540
Total benefits and other expenses 29,392,477 27,194,559
Income before income taxes 15,441,818 7,768,946
Income tax expense (5,494,382) (1,265,662)
Net income 9,947,436 6,503,284
Net income attributable to noncontrolling interests (681,805) (186,669)
Net income attributable to common shareholders' $ 9,265,631 $ 6,316,615
Basic income per share (in dollars per share) $ 2.43 $ 1.65
Diluted income per share (in dollars per share) $ 2.43 $ 1.65
Basic weighted average shares outstanding (in shares) 3,809,639 3,824,444
Diluted weighted average shares outstanding (in shares) 3,809,639 3,824,444