Statement of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net loss attributable to common shareholders	$ 1,715,966	$ (1,513,457)
Adjustments to reconcile net loss to net cash used in operating activities
Amortization (accretion) of investments	(3,008,714)	(835,649)
Realized investment gains, net	(4,426,320)	(1,971,461)
Unrealized trading (gains) losses included in income	1,019,262	(15,622)
Amortization of deferred policy acquisition costs	0	25,828
Amortization of cost of insurance acquired	453,802	492,824
Depreciation	396,041	673,213
Net income attributable to noncontrolling interest	152,006	319,033
Charges for mortality and administration of universal life and annuity products	(3,325,645)	(3,352,060)
Interest credited to account balances	2,533,573	2,607,793
Change in accrued investment income	(128,529)	(34,623)
Change in reinsurance receivables	(82,973)	225,406
Change in policy liabilities and accruals	(1,672,749)	(3,004,690)
Change in income taxes receivable (payable)	(2,542,138)	12,582
Change in other assets and liabilities, net	1,459,220	1,852,980
Net cash used in operating activities	(7,457,198)	(4,517,903)
Proceeds from investments sold and matured:
Fixed maturities available for sale	10,878,924	14,200,536
Equity securities available for sale	5,697,643	4,120,242
Trading securities	112,879	1,116,500
Mortgage loans	9,291,371	1,154,443
Discounted mortgage loans	4,597,610	2,609,104
Real estate	9,713,102	8,599,113
Policy loans	958,134	1,700,041
Short term investment	388,392	0
Total proceeds from investments sold and matured	41,638,055	33,499,979
Cost of investments acquired:
Fixed maturities available for sale	(7,408,461)	(11,436,600)
Equity securities available for sale	(4,125,392)	(2,462,226)
Trading securities	(463,895)	(13,901)
Mortgage loans	(5,000,000)	(1,727,681)
Discounted mortgage loans	(44,175)	(16,723)
Real estate	(6,904,517)	(4,487,029)
Policy loans	(686,113)	(1,332,401)
Short-term investments	(19,200)	(4,832,980)
Total cost of investments acquired	(24,651,753)	(26,309,541)
Net cash provided by investing activities	16,986,302	7,190,438
Cash flows from financing activities:
Policyholder contract deposits	2,712,136	2,773,092
Policyholder contract withdrawals	(3,013,592)	(3,181,015)
Payments of principal on notes payable/line of credit	(2,000,000)	(900,000)
Purchase of treasury stock	(28,297)	(173,774)
Non-controlling distributions of consolidated subsidiary	(532,542)	(78,009)
Sale of block of business	0	(3,045,574)
Net cash provided by (used in) financing activities	(2,862,295)	(4,605,280)
Net increase (decrease) in cash and cash equivalents	6,666,809	(1,932,745)
Cash and cash equivalents at beginning of period	13,977,443	19,838,618
Cash and cash equivalents at end of period	$ 20,644,252	$ 17,905,873