INVESTMENTS (Details) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
Amortized cost and estimated value of debt securities, by contractual maturity [Abstract]
Due in one year or less	$ 2,423,382
Due after one year through five years	32,745,345
Due after five years through ten years	117,999,294
Due after ten years	34,549,122
Collateralized mortgage obligations	2,129,311
Total	189,846,454
Fixed maturities [Abstract]
Original or Amortized Cost	205,861,122		203,023,718
Gross Unrealized Gains	16,805,366		16,915,155
Gross Unrealized Losses	(2,284,860)		(2,106,674)
Estimated Market Value	220,381,628		217,832,199
Amortized cost and estimated market value of debt securities, by contractual maturity [Abstract]
Due in one year or less	2,400,052
Due after one year through five years	30,181,928
Due after five years through ten years	108,860,492
Due after ten years	32,703,905
Collateralized mortgage obligation	1,967,129
Total	176,113,506
Other than temporary impairment losses, investments, available-for-sale securities	26,926	0
Trading Securities [Abstract]
Fair value, derivatives included in trading security assets	1,324,513		6,745,528
Fair value, derivative included in trading security liabilities	(1,442,933)		(6,050,344)
Trading securities, net unrealized gain (loss)	(297,344)	528,698
Trading securities, realized gain (loss)	86,271	2,310,507
Increase (Decrease) in Trading Securities [Abstract]
Net Realized and Unrealized Gain (Loss) on Trading Securities	(211,073)	2,839,205
Mortgages [Abstract]
Number of Mortgage Loans including Discounted Mortgage Loans	58		71
Mortgage Loans including Discounted Mortgage Loans	37,712,726		44,008,507
Mortgage loans reserve	0
Average purchase price to outstanding loan (in hundredths)	37.30%
U.S. Government and Government Agencies and Authorities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	38,428,537		33,430,165
Gross Unrealized Gains	5,454,621		5,457,009
Gross Unrealized Losses	(281)		0
Estimated Market Value	43,882,877		38,887,174
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	4,995,703
Less than 12 months, Unrealized losses	(282)
Twelve months or longer, Fair value	0
Twelve months or longer, Unrealized losses	0
Total Fair value	4,995,703
Total Unrealized losses	(282)
US Special Revenue and Assessments [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	2,150,766		2,150,070
Gross Unrealized Gains	157,779		153,545
Gross Unrealized Losses	0		0
Estimated Market Value	2,308,545		2,303,615
States, Municipalities and Political Subdivisions [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	150,000		160,000
Gross Unrealized Gains	5,993		6,637
Gross Unrealized Losses	0		0
Estimated Market Value	155,993		166,637
Collateralized Mortgage Obligations [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	1,780,601		2,241,384
Gross Unrealized Gains	158,444		183,409
Gross Unrealized Losses	0		(8)
Estimated Market Value	1,939,045		2,424,785
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value			4,513
Less than 12 months, Unrealized losses			(8)
Twelve months or longer, Fair value			0
Twelve months or longer, Unrealized losses			0
Total Fair value			4,513
Total Unrealized losses			(8)
Public Utilities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	399,903		399,900
Gross Unrealized Gains	61,207		63,662
Gross Unrealized Losses	0		0
Estimated Market Value	461,110		463,562
Debt Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	176,113,506		173,526,717
Gross Unrealized Gains	15,520,872		15,611,827
Gross Unrealized Losses	(1,787,924)		(1,811,259)
Estimated Market Value	189,846,454		187,327,285
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	11,633,782		13,781,218
Less than 12 months, Unrealized losses	(50,985)		(245,854)
Twelve months or longer, Fair value	4,383,021		385,823
Twelve months or longer, Unrealized losses	(1,736,939)		(1,565,405)
Total Fair value	16,016,803		14,167,041
Total Unrealized losses	(1,787,924)		(1,811,259)
Less than 12 months Number of Securities	8		8
Twelve months or longer Number of Securities	4		3
Total Number of Securities	12		11
Equity Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	29,747,616		29,497,001
Gross Unrealized Gains	1,284,494		1,303,328
Gross Unrealized Losses	(496,936)		(295,415)
Estimated Market Value	30,535,174		30,504,914
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	1,253,075		594,081
Less than 12 months, Unrealized losses	(496,936)		(295,415)
Twelve months or longer, Fair value	0		0
Twelve months or longer, Unrealized losses	0		0
Total Fair value	1,253,075		594,081
Total Unrealized losses	(496,936)		(295,415)
Less than 12 months Number of Securities	4		9
Twelve months or longer Number of Securities	0		0
Total Number of Securities	4		9
All Other Corporate Bonds [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	133,203,699		135,145,198
Gross Unrealized Gains	9,682,828		9,747,565
Gross Unrealized Losses	(1,787,643)		(1,811,251)
Estimated Market Value	141,098,884		143,081,512
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	6,638,079		13,776,705
Less than 12 months, Unrealized losses	(50,703)		(245,846)
Twelve months or longer, Fair value	4,383,021		385,823
Twelve months or longer, Unrealized losses	(1,736,939)		(1,565,405)
Total Fair value	11,021,100		14,162,528
Total Unrealized losses	$ (1,787,642)		$ (1,811,251)