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FAIR VALUE MEASUREMENTS (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2014
Jun. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Dec. 31, 2012
Assets [Abstract]            
Fixed Maturities, available for sale $ 178,384,934 $ 178,384,934   $ 174,409,824    
Trading Securities 5,637,963 5,637,963   6,614,111    
Liabilities [Abstract]            
Trading Securities 107,202 107,202   353,907    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]            
Beginning Balance   32,410,399        
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total 1,189,302          
Total Unrealized Gains (Losses) Included in Other Comprehensive Income 740,331          
Purchases 500,000          
Sales   (4,243,418)        
Ending Balance 30,596,614 30,596,614        
Assets [Abstract]            
Discounted mortgage loans 11,814,503 11,814,503   12,830,735    
Investment real estate 74,338,898 74,338,898   83,585,359    
Cash and cash equivalents 22,465,883 22,465,883 22,465,883 19,838,618 22,252,917 23,321,246
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 14,419,710 14,419,710   14,454,534    
Discounted mortgage loans 11,814,503 11,814,503   12,830,735    
Investment real estate 74,338,898 74,338,898   83,585,359    
Policy Loans 11,204,877 11,204,877   11,860,960    
Cash and cash equivalents 22,465,883 22,465,883   19,838,618    
Other Assets, Fair Value Disclosure 4,094,295 4,094,295   0    
Liabilities [Abstract]            
Notes payable 19,197,534 19,197,534   19,097,534    
Estimated Fair Value [Member]
           
Assets [Abstract]            
Mortgage loans on real estate 14,634,911 14,634,911   14,734,756    
Discounted mortgage loans 11,814,503 11,814,503   12,830,735    
Investment real estate 74,338,898 74,338,898   83,585,359    
Policy Loans 11,204,877 11,204,877   11,860,960    
Cash and cash equivalents 22,465,883 22,465,883   19,838,618    
Other Assets, Fair Value Disclosure 4,094,295 4,094,295   0    
Liabilities [Abstract]            
Notes payable 19,197,534 19,197,534   19,097,534    
Fixed Maturities [Member]
           
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]            
Beginning Balance   313,813        
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total 174,660          
Total Unrealized Gains (Losses) Included in Other Comprehensive Income 70,361          
Purchases 500,000          
Sales   (313,168)        
Ending Balance 745,666 745,666        
Equity Securities [Member]
           
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]            
Beginning Balance   32,096,586        
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total 1,014,642          
Total Unrealized Gains (Losses) Included in Other Comprehensive Income 669,970          
Purchases 0          
Sales   (3,930,250)        
Ending Balance 29,850,948 29,850,948        
Measured on a recurring basis [Member]
           
Assets [Abstract]            
Fixed Maturities, available for sale 178,384,934 178,384,934   174,409,824    
Equity Securities, available for sale 44,183,279 44,183,279   40,514,978    
Trading Securities 5,637,963 5,637,963   6,614,111    
Total Financial Assets 228,206,176 228,206,176   221,538,913    
Liabilities [Abstract]            
Trading Securities 110,643 110,643   357,439    
Measured on a recurring basis [Member] | Level 1 [Member]
           
Assets [Abstract]            
Fixed Maturities, available for sale 19,273,713 19,273,713   19,407,301    
Equity Securities, available for sale 7,183,119 7,183,119   1,643,803    
Trading Securities 5,637,963 5,637,963   6,614,111    
Total Financial Assets 32,094,795 32,094,795   27,665,215    
Liabilities [Abstract]            
Trading Securities 110,643 110,643   357,439    
Measured on a recurring basis [Member] | Level 2 [Member]
           
Assets [Abstract]            
Fixed Maturities, available for sale 158,365,555 158,365,555   154,688,710    
Equity Securities, available for sale 7,149,212 7,149,212   6,774,589    
Trading Securities 0 0   0    
Total Financial Assets 165,514,767 165,514,767   161,463,299    
Liabilities [Abstract]            
Trading Securities 0 0   0    
Measured on a recurring basis [Member] | Level 3 [Member]
           
Assets [Abstract]            
Fixed Maturities, available for sale 745,666 745,666   313,813    
Equity Securities, available for sale 29,850,948 29,850,948   32,096,586    
Trading Securities 0 0   0    
Total Financial Assets 30,596,614 30,596,614   32,410,399    
Liabilities [Abstract]            
Trading Securities $ 0 $ 0   $ 0