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REINSURANCE (Tables)
 12 Months Ended
Dec. 31, 2013
REINSURANCE [Abstract]  
Effect of long duration reinsurance contracts on premiums earned
The Company does not have any short-duration reinsurance contracts.  The effect of the Company's long-duration reinsurance contracts on premiums earned in 2013 and 2012 were as follows:

 
2013
Premiums
Earned
 
2012
Premiums
Earned
 
 
 
 
Direct
$
12,361,000
 
$
13,242,000
Assumed
 
31,000
 
 
35,000
Ceded
 
(3,215,000)
 
 
(3,366,000)
Net Premiums
$
9,177,000
 
$
9,911,000