OTHER CASH FLOW DISCLOSURES (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
OTHER CASH FLOW DISCLOSURES [Abstract]
Interest expense paid	$ 14,648	$ 15,643	$ 34,320	$ 32,041
Federal income tax	0	1,415,000	0	3,465,000
Noncash transaction LOC	5,000,000		5,000,000
Cash to purchaser			3,100,000,000,000
Approximate future policyholder benefits			3,700,000,000,000
Approximate cost of insurance acquired	600,000
Noncash transaction short term investments	6,300,000		6,300,000
Noncash transaction real estate	$ 6,300,000		$ 6,300,000