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Income Statement (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Premiums and policy fees $ 3,212,746 $ 3,516,444
Ceded reinsurance premiums and policy fees (775,702) (908,098)
Net investment income 4,381,392 6,950,756
Other income 521,359 547,694
Revenues before realized gains 7,339,795 10,106,796
Realized investment gains (losses), net:    
Other-than-temporary impairments (26,926) 0
Other realized investment gains, net 71,649 7,135,970
Total realized investment gains, net 44,723 7,135,970
Total revenue 7,384,518 17,242,766
Benefits, claims and settlement expenses:    
Life 5,856,321 5,870,808
Ceded Reinsurance benefits and claims (597,779) (835,875)
Annuity 267,539 260,690
Dividends to policyholders 147,222 140,624
Commissions and amortization of deferred policy acquisition costs (23,552) (152,813)
Amortization of cost of insurance acquired 266,088 286,375
Operating expenses 2,055,125 2,875,495
Interest expense 110,437 72,175
Total benefits and other expenses 8,081,401 8,517,479
Income before income taxes (696,883) 8,725,287
Income tax expense (67,308) (3,225,556)
Net income (764,191) 5,499,731
Net income attributable to noncontrolling interests (146,081) (273,214)
Net income attributable to common shareholders' $ (910,272) $ 5,226,517
Amounts attributable to common shareholders':    
Basic income per share (in dollars per share) $ (0.24) $ 1.36
Diluted income per share (in dollars per share) $ (0.24) $ 1.36
Basic weighted average shares outstanding (in shares) 3,796,527 3,837,081
Diluted weighted average shares outstanding (in shares) 3,796,527 3,837,081