INCOME TAXES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income tax expense (benefits) [Abstract]
Current tax	$ 747,714	$ 3,233,286
Deferred tax	(1,680,429)	(2,150,359)
Income tax expense	$ (932,715)	1,082,927
Income tax expense (benefit) reconciliation [Abstract]
United States statutory rate (in hundredths)	35.00%
Tax computed at statutory rate	$ 95,663	3,894,334
Changes in taxes due to [Abstract]
Non-controlling interest	(101,297)	(1,073,704)
Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount	17,693	17,401
Small company deduction	(552,694)	(134,653)
Dividend received deduction	(100,349)	(1,414,353)
Other	(291,731)	(206,098)
Income tax expense	(932,715)	1,082,927
Deferred tax liability [Abstract]
Investments	(2,735,072)	2,728,928
Cost of insurance acquired	2,849,133	3,166,794
Deferred policy acquisition costs	0	0
Management/consulting fees	(55,125)	(57,454)
Future policy benefits	1,546,770	1,778,105
Deferred gain on sale of subsidiary	2,312,483	2,312,483
Other liabilities	27,406	(127,461)
Federal tax DAC	(540,128)	(387,601)
Deferred income taxes	3,405,467	9,413,794
Gross deferred tax assets	4,896,464	2,405,249
Gross deferred tax liabilities	8,301,931	11,819,043
Valuation Allowance [Line Items]
Valuation allowance	0
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	35,094	17,401
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	118,693	0
Deferred Tax Assets, Valuation Allowance	118,693	0
allowance -NOL carry forward [Member]
Valuation Allowance [Line Items]
Deferred Tax Assets, Valuation Allowance	$ 35,094	$ 17,401