INVESTMENTS (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012
Amortized cost and estimated value of debt securities, by contractual maturity [Abstract]
Due in one year or less	$ 966,456		$ 966,456
Due after one year through five years	22,025,918		22,025,918
Due after five years through ten years	116,653,174		116,653,174
Due after ten years	32,651,711		32,651,711
Collateralized mortgage obligations	1,886,580		1,886,580
Total	174,183,839		174,183,839
Fixed maturities [Abstract]
Original or Amortized Cost	206,781,087		206,781,087		203,023,718
Gross Unrealized Gains			10,214,428	16,915,155
Gross Unrealized Losses			(3,920,503)	(2,106,674)
Estimated Market Value	213,075,012		213,075,012		217,832,199
Amortized cost and estimated market value of debt securities, by contractual maturity [Abstract]
Due in one year or less	947,312		947,312
Due after one year through five years	20,606,308		20,606,308
Due after five years through ten years	112,832,650		112,832,650
Due after ten years	32,628,844		32,628,844
Collateralized mortgage obligation	1,755,738		1,755,738
Total	168,770,852		168,770,852
Other than temporary impairment losses, investments, available-for-sale securities	0	0	26,926	0
Trading Securities [Abstract]
Fair value, derivatives included in trading security assets	230,369		230,369		6,745,528
Fair value, derivative included in trading security liabilities	(869,762)		(869,762)		(6,050,344)
Trading securities, net unrealized gain (loss)	346,889	(361,447)	49,545	167,251
Trading securities, realized gain (loss)	129,591	(611,749)	215,862	1,698,758
Increase (Decrease) in Trading Securities [Abstract]
Net Realized and Unrealized Gain (Loss) on Trading Securities	476,480	(973,196)	265,407	1,866,009
Mortgages [Abstract]
Number of Mortgage Loans including Discounted Mortgage Loans	51		51		71
Mortgage Loans including Discounted Mortgage Loans	35,146,693		35,146,693		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	33,659,574		33,659,574		33,430,165
Gross Unrealized Gains			3,762,559	5,457,009
Gross Unrealized Losses			(104,398)	0
Estimated Market Value	37,317,735		37,317,735		38,887,174
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	4,891,795		4,891,795
Less than 12 months, Unrealized losses			(104,398)
Twelve months or longer, Fair value	0		0
Twelve months or longer, Unrealized losses			0
Total Fair value	4,891,795		4,891,795
Total Unrealized losses			(104,398)
US Special Revenue and Assessments [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	2,151,464		2,151,464		2,150,070
Gross Unrealized Gains			120,169	153,545
Gross Unrealized Losses			0	0
Estimated Market Value	2,271,633		2,271,633		2,303,615
States, Municipalities and Political Subdivisions [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	140,000		140,000		160,000
Gross Unrealized Gains			1,674	6,637
Gross Unrealized Losses			0	0
Estimated Market Value	141,674		141,674		166,637
Collateralized Mortgage Obligations [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	1,580,787		1,580,787		2,241,384
Gross Unrealized Gains			127,752	183,409
Gross Unrealized Losses			0	(8)
Estimated Market Value	1,708,539		1,708,539		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	399,906		399,906		399,900
Gross Unrealized Gains			51,013	63,662
Gross Unrealized Losses			0	0
Estimated Market Value	450,919		450,919		463,562
Debt Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	168,770,852		168,770,852		173,526,717
Gross Unrealized Gains			8,521,295	15,611,827
Gross Unrealized Losses			(3,108,308)	(1,811,259)
Estimated Market Value	174,183,839		174,183,839		187,327,285
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	49,641,819		49,641,819		13,781,218
Less than 12 months, Unrealized losses			(1,131,050)	(245,854)
Twelve months or longer, Fair value	4,130,719		4,130,719		385,823
Twelve months or longer, Unrealized losses			(1,977,258)	(1,565,405)
Total Fair value	53,772,538		53,772,538		14,167,041
Total Unrealized losses			(3,108,308)	(1,811,259)
Less than 12 months Number of Securities	32		32		8
Twelve months or longer Number of Securities	4		4		3
Total Number of Securities	36		36		11
Equity Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	38,010,235		38,010,235		29,497,001
Gross Unrealized Gains			1,693,133	1,303,328
Gross Unrealized Losses			(812,195)	(295,415)
Estimated Market Value	38,891,173		38,891,173		30,504,914
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	1,243,333		1,243,333		594,081
Less than 12 months, Unrealized losses			(812,195)	(295,415)
Twelve months or longer, Fair value	0		0		0
Twelve months or longer, Unrealized losses			0	0
Total Fair value	1,243,333		1,243,333		594,081
Total Unrealized losses			(812,195)	(295,415)
Less than 12 months Number of Securities	6		6		9
Twelve months or longer Number of Securities	0		0		0
Total Number of Securities	6		6		9
All Other Corporate Bonds [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	130,839,121		130,839,121		135,145,198
Gross Unrealized Gains			4,458,128	9,747,565
Gross Unrealized Losses			(3,003,910)	(1,811,251)
Estimated Market Value	132,293,339		132,293,339		143,081,512
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	44,750,024		44,750,024		13,776,705
Less than 12 months, Unrealized losses			(1,026,652)	(245,846)
Twelve months or longer, Fair value	4,130,719		4,130,719		385,823
Twelve months or longer, Unrealized losses			(1,977,258)	(1,565,405)
Total Fair value	48,880,743		48,880,743		14,162,528
Total Unrealized losses			$ (3,003,910)	$ (1,811,251)