INVESTMENTS (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Amortized cost and estimated value of debt securities, by contractual maturity [Abstract]
Due in one year or less	$ 459,757		$ 459,757
Due after one year through five years	24,087,416		24,087,416
Due after five years through ten years	111,304,056		111,304,056
Due after ten years	35,526,776		35,526,776
Collateralized mortgage obligations	1,691,377		1,691,377
Total	173,069,382		173,069,382
Fixed maturities [Abstract]
Original or Amortized Cost	205,095,075		205,095,075		203,023,718
Gross Unrealized Gains			9,730,276	16,915,155
Gross Unrealized Losses			(3,387,075)	(2,106,674)
Estimated Market Value	211,438,276		211,438,276		217,832,199
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities [Abstract]
Other than temporary impairment losses, investments, available-for-sale securities	1,010,001	0	1,036,927	0
Amortized cost and estimated market value of debt securities, by contractual maturity [Abstract]
Due in one year or less	448,205		448,205
Due after one year through five years	22,357,791		22,357,791
Due after five years through ten years	107,871,345		107,871,345
Due after ten years	35,780,266		35,780,266
Collateralized mortgage obligation	1,573,463		1,573,463
Total	168,031,070		168,031,070
Trading Securities [Abstract]
Fair value, derivatives included in trading security assets	353,750		353,750		6,745,528
Fair value, derivative included in trading security liabilities	(624,477)		(624,477)		(6,050,344)
Trading securities, net unrealized gain (loss)	200,447	(361,447)	249,992	167,251
Trading securities, realized gain (loss)	(258,099)	(611,749)	(42,237)	1,698,758
Increase (Decrease) in Trading Securities [Abstract]
Net Realized and Unrealized Gain (Loss) on Trading Securities	(57,652)	(973,196)	207,755	1,866,009
Mortgages [Abstract]
Number of Mortgage Loans including Discounted Mortgage Loans	44		44		71
Mortgage Loans including Discounted Mortgage Loans	31,729,617		31,729,617		44,008,507
Mortgage loans reserve					0
Average purchase price to outstanding loan (in hundredths)			40.80%
U.S. Government and Government Agencies and Authorities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	32,960,101		32,960,101		33,430,165
Gross Unrealized Gains			3,608,781	5,457,009
Gross Unrealized Losses			(81,167)	0
Estimated Market Value	36,487,715		36,487,715		38,887,174
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	4,915,234		4,915,234
Less than 12 months, Unrealized losses			(81,167)
Twelve months or longer, Fair value	0		0
Twelve months or longer, Unrealized losses			0
Total Fair value	4,915,234		4,915,234
Total Unrealized losses			(81,167)
US Special Revenue and Assessments [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	2,152,177		2,152,177		2,150,070
Gross Unrealized Gains			107,269	153,545
Gross Unrealized Losses			(117,890)	0
Estimated Market Value	2,141,556		2,141,556		2,303,615
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	869,430		869,430
Less than 12 months, Unrealized losses			(117,890)
Twelve months or longer, Fair value	0		0
Twelve months or longer, Unrealized losses			0
Total Fair value	869,430		869,430
Total Unrealized losses			(117,890)
States, Municipalities and Political Subdivisions [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	120,000		120,000		160,000
Gross Unrealized Gains			224	6,637
Gross Unrealized Losses			0	0
Estimated Market Value	120,224		120,224		166,637
Collateralized Mortgage Obligations [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	1,407,647		1,407,647		2,241,384
Gross Unrealized Gains			115,187	183,409
Gross Unrealized Losses			(1)	(8)
Estimated Market Value	1,522,833		1,522,833		2,424,785
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	1,998		1,998		4,513
Less than 12 months, Unrealized losses			(1)	(8)
Twelve months or longer, Fair value	0		0		0
Twelve months or longer, Unrealized losses			0	0
Total Fair value	1,998		1,998		4,513
Total Unrealized losses			(1)	(8)
Common Stock [Member]
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities [Abstract]
Other than temporary impairment losses, investments, available-for-sale securities	1,000,000	0	1,000,000	0
Mortgage Loans on Real Estate [Member]
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities [Abstract]
Other than temporary impairment losses, investments, available-for-sale securities	10,001	0	10,001	0
Commercial Real Estate [Member]
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities [Abstract]
Other than temporary impairment losses, investments, available-for-sale securities			26,926	0
Public Utilities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	399,909		399,909		399,900
Gross Unrealized Gains			48,501	63,662
Gross Unrealized Losses			0	0
Estimated Market Value	448,410		448,410		463,562
Debt Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	168,031,070		168,031,070		173,526,717
Gross Unrealized Gains			8,310,338	15,611,827
Gross Unrealized Losses			(3,272,026)	(1,811,259)
Estimated Market Value	173,069,382		173,069,382		187,327,285
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	47,251,796		47,251,796		13,781,218
Less than 12 months, Unrealized losses			(1,373,311)	(245,854)
Twelve months or longer, Fair value	7,186,013		7,186,013		385,823
Twelve months or longer, Unrealized losses			(1,898,715)	(1,565,405)
Total Fair value	54,437,809		54,437,809		14,167,041
Total Unrealized losses			(3,272,026)	(1,811,259)
Less than 12 months Number of Securities	29		29		8
Twelve months or longer Number of Securities	5		5		3
Total Number of Securities	34		34		11
Equity Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	37,064,005		37,064,005		29,497,001
Gross Unrealized Gains			1,419,938	1,303,328
Gross Unrealized Losses			(115,049)	(295,415)
Estimated Market Value	38,368,894		38,368,894		30,504,914
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	1,193,226		1,193,226		594,081
Less than 12 months, Unrealized losses			(115,049)	(295,415)
Twelve months or longer, Fair value	0		0		0
Twelve months or longer, Unrealized losses			0	0
Total Fair value	1,193,226		1,193,226		594,081
Total Unrealized losses			(115,049)	(295,415)
Less than 12 months Number of Securities	1		1		9
Twelve months or longer Number of Securities	0		0		0
Total Number of Securities	1		1		9
All Other Corporate Bonds [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	130,991,236		130,991,236		135,145,198
Gross Unrealized Gains			4,430,376	9,747,565
Gross Unrealized Losses			(3,072,968)	(1,811,251)
Estimated Market Value	132,348,644		132,348,644		143,081,512
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	41,465,134		41,465,134		13,776,705
Less than 12 months, Unrealized losses			(1,174,253)	(245,846)
Twelve months or longer, Fair value	7,186,013		7,186,013		385,823
Twelve months or longer, Unrealized losses			(1,898,715)	(1,565,405)
Total Fair value	48,651,147		48,651,147		14,162,528
Total Unrealized losses			$ (3,072,968)	$ (1,811,251)