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REINSURANCE (Tables)
 12 Months Ended
Dec. 31, 2014
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 2014 and 2013 were as follows:

 
2014
Premiums
Earned
 
2013
Premiums
Earned
    
Direct
$
11,642,000
 
$
12,361,000
Assumed
 
26,000
  
31,000
Ceded
 
(3,127,000)
  
(3,215,000)
Net Premiums
$
8,541,000
 
$
9,177,000