FAIR VALUE MEASUREMENTS (Details) (USD $)	3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Assets [Abstract]
Fixed Maturities, available for sale	$ 173,069,382	$ 173,069,382	$ 187,327,285
Trading Securities	6,171,863	6,171,863	14,018,460
Liabilities [Abstract]
Trading Securities	624,477	624,477	6,050,344
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance		23,237,442
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	78,363
Purchases	7,019,520
Ending Balance	30,335,325	30,335,325
Assets [Abstract]
Discounted mortgage loans	19,176,036	19,176,036	26,336,953
Investment real estate	82,195,332	82,195,332	68,165,013
Cash and cash equivalents	22,252,917	22,252,917	23,321,246	21,195,290	82,925,675
Liabilities [Abstract]
Policy loan interest rate, minimum (in hundredths)		4.00%
Policy loan interest rate, maximum (in hundredths)		8.00%
Carrying Amount [Member]
Assets [Abstract]
Mortgage loans on real estate	12,553,581	12,553,581	17,671,554
Discounted mortgage loans	19,176,036	19,176,036	26,336,953
Investment real estate	82,195,332	82,195,332	68,165,013
Policy Loans	12,037,472	12,037,472	12,591,572
Cash and cash equivalents	22,252,917	22,252,917	23,321,246
Other Assets, Fair Value Disclosure	0	0	6,268,320
Liabilities [Abstract]
Notes payable	17,000,000	17,000,000	18,857,954
Estimated Fair Value [Member]
Assets [Abstract]
Mortgage loans on real estate	12,818,672	12,818,672	17,803,159
Discounted mortgage loans	19,176,036	19,176,036	26,336,953
Investment real estate	82,195,332	82,195,332	68,165,013
Policy Loans	12,037,472	12,037,472	12,591,572
Cash and cash equivalents	22,252,917	22,252,917	23,321,246
Other Assets, Fair Value Disclosure	0	0	6,268,320
Liabilities [Abstract]
Notes payable	17,000,000	17,000,000	18,857,954
Fixed Maturities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance			273,727
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	58,410
Purchases	0
Ending Balance	332,137	332,137	273,727
Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance			22,963,715
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	19,953
Purchases	7,019,520
Ending Balance	30,003,188	30,003,188	22,963,715
Measured on a recurring basis [Member]
Assets [Abstract]
Fixed Maturities, available for sale	173,069,382	173,069,382	187,327,285
Equity Securities, available for sale	38,368,894	38,368,894	30,504,914
Trading Securities	6,171,863	6,171,863	14,018,460
Total Financial Assets	217,610,139	217,610,139	231,850,659
Liabilities [Abstract]
Trading Securities	628,162	628,162	7,552,704
Measured on a recurring basis [Member] | Level 1 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	19,623,494	19,623,494	20,993,398
Equity Securities, available for sale	1,552,773	1,552,773	1,448,585
Trading Securities	6,171,863	6,171,863	13,903,148
Total Financial Assets	27,348,130	27,348,130	36,345,131
Liabilities [Abstract]
Trading Securities	628,162	628,162	7,552,704
Measured on a recurring basis [Member] | Level 2 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	153,113,751	153,113,751	166,060,160
Equity Securities, available for sale	6,812,933	6,812,933	6,092,614
Trading Securities	0	0	115,312
Total Financial Assets	159,926,684	159,926,684	172,268,086
Liabilities [Abstract]
Trading Securities	0	0	0
Measured on a recurring basis [Member] | Level 3 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	332,137	332,137	273,727
Equity Securities, available for sale	30,003,188	30,003,188	22,963,715
Trading Securities	0	0	0
Total Financial Assets	30,335,325	30,335,325	23,237,442
Liabilities [Abstract]
Trading Securities	$ 0	$ 0	$ 0