FAIR VALUE MEASUREMENTS (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Carrying Amount [Member]
Assets [Abstract]
Mortgage loans on real estate	$ 11,043,041	$ 11,043,041	$ 14,060,930
Discounted mortgage loans	4,403,072	4,403,072	9,101,052
Investment real estate	48,362,145	48,362,145	51,007,101
Policy Loans	10,809,793	10,809,793	11,104,485
Cash and cash equivalents	14,225,434	14,225,434	13,977,443
Other Assets, Fair Value Disclosure	3,633,629	3,633,629	4,382,181
Financing Receivable, Gross	7,404,405	7,404,405	5,612,560
Liabilities [Abstract]
Notes payable	0	0	4,400,000
Estimated Fair Value [Member]
Assets [Abstract]
Mortgage loans on real estate	11,493,760	11,493,760	14,236,676
Discounted mortgage loans	4,403,072	4,403,072	9,101,052
Investment real estate	48,362,145	48,362,145	51,007,101
Policy Loans	10,809,793	10,809,793	11,104,485
Cash and cash equivalents	14,225,434	14,225,434	13,977,443
Other Assets, Fair Value Disclosure	3,633,629	3,633,629	4,382,181
Financing Receivable, Gross	7,404,405	7,404,405	5,612,560
Liabilities [Abstract]
Notes payable	0	0	4,400,000
Fixed Maturities, available for sale	189,365,587	189,365,587	197,481,456
Trading Securities	0	0	3,826,250
Trading Securities	47,603	47,603	23,853
Beginning Balance		29,748,359
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total	0
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	609,735
Purchases	1,353,625
Sales		(4,277,814)
Ending Balance	27,433,905	27,433,905
Discounted mortgage loans	4,403,072	4,403,072	9,101,052
Investment real estate	48,362,145	48,362,145	51,007,101
Cash and cash equivalents	14,225,434	$ 14,225,434	13,977,443	$ 22,465,883	$ 19,838,618
Policy loan interest rate, minimum (in hundredths)		4.00%
Policy loan interest rate, maximum (in hundredths)		8.00%
Fixed Maturities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance		$ 869,725
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total	0
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	209,806
Purchases	0
Sales		(53,851)
Ending Balance	1,025,680	1,025,680
Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance		28,878,634
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total	0
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	399,929
Purchases	1,353,625
Sales		(4,223,963)
Ending Balance	26,408,225	26,408,225
Measured on a recurring basis [Member]
Assets [Abstract]
Fixed Maturities, available for sale	189,365,587	189,365,587	197,481,456
Equity Securities, available for sale	45,505,510	45,505,510	40,996,002
Trading Securities	0	0	3,826,250
Total Financial Assets	234,871,097	234,871,097	242,303,708
Liabilities [Abstract]
Trading Securities	47,603	47,603	23,853
Measured on a recurring basis [Member] | Level 1 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	11,869,514	11,869,514	13,374,878
Equity Securities, available for sale	13,268,458	13,268,458	4,756,292
Trading Securities	0	0	3,826,250
Total Financial Assets	25,137,972	25,137,972	21,957,420
Liabilities [Abstract]
Trading Securities	47,603	47,603	23,853
Measured on a recurring basis [Member] | Level 2 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	176,470,393	176,470,393	183,236,853
Equity Securities, available for sale	5,828,827	5,828,827	7,361,076
Trading Securities	0	0	0
Total Financial Assets	182,299,220	182,299,220	190,597,929
Liabilities [Abstract]
Trading Securities	0	0	0
Measured on a recurring basis [Member] | Level 3 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	1,025,680	1,025,680	869,725
Equity Securities, available for sale	26,408,225	26,408,225	28,878,634
Trading Securities	0	0	0
Total Financial Assets	27,433,905	27,433,905	29,748,359
Liabilities [Abstract]
Trading Securities	$ 0	$ 0	$ 0