OTHER CASH FLOW DISCLOSURES (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
OTHER CASH FLOW DISCLOSURES [Abstract]
Interest expense paid	$ 19,672	$ 16,398
Federal income tax	0	2,050,000
Noncash transaction LOC	5,000,000
Cash to purchaser	3,100,000
Approximate future policyholder benefits	3,700,000
Approximate cost of insurance acquired	600,000
Noncash transaction short term investments	6,300,000
Noncash transaction real estate	$ 6,300,000