FAIR VALUE MEASUREMENTS, Estimated Fair Value of Financial Instruments Required to be Valued by ASC 820 (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Carrying Amount [Member]
Assets [Abstract]
Mortgage loans on real estate	$ 17,769,930	$ 23,161,982
Discounted mortgage loans	0	0
Investment real estate	47,650,102	51,007,101
Policy Loans	10,597,907	5,612,560
Cash and cash equivalents	10,684,244	11,104,485
Financing Receivable, Gross	0	4,382,181
Other Assets, Fair Value Disclosure	11,822,615	13,977,443
Estimated Fair Value [Member]
Assets [Abstract]
Mortgage loans on real estate	17,775,178	23,337,728
Discounted mortgage loans	0	0
Investment real estate	47,650,102	51,007,101
Policy Loans	10,597,907	5,612,560
Cash and cash equivalents	10,684,244	11,104,485
Financing Receivable, Gross	0	4,382,181
Other Assets, Fair Value Disclosure	11,822,615	13,977,443
Fixed Maturities, available for sale	185,119,097	197,481,456
Trading Securities	0	3,826,250
Discounted mortgage loans	0	0
Investment real estate	47,650,102	51,007,101
Cash and cash equivalents	11,822,615	13,977,443	$ 19,838,618
Financing Receivable, Gross	10,597,907	5,612,560
Liabilities [Abstract]
Notes payable	0	4,400,000
Trading securities	$ 0	$ 23,853
Policy loan interest rate, minimum (in hundredths)	4.00%
Policy loan interest rate, maximum (in hundredths)	8.00%