Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income attributable to common shareholders	$ 916,620	$ 6,976,016
Adjustments to reconcile net income to net cash used in operating activities net of changes in assets and liabilities resulting from the sales and purchases of subsidiaries:
Accretion of investments	(2,753,269)	(2,161,508)
Realized investment gains, net	(4,426,593)	(17,058,173)
Unrealized trading gains included in income	945,128	722,573
Realized trading (gains) losses included in income	0	143,957
Amortization of deferred policy acquisition costs	0	369,786
Amortization of cost of insurance acquired	907,605	985,650
Depreciation	814,336	1,303,829
Net income attributable to noncontrolling interest	289,419	3,067,726
Charges for mortality and administration of universal life and annuity products	(6,640,391)	(6,651,876)
Interest credited to account balances	4,835,215	4,985,077
Change in accrued investment income (loss)	(158,473)	(229,926)
Change in reinsurance receivables	678,391	998,863
Change in policy liabilities and accruals	(3,132,596)	(5,123,893)
Change in income taxes payable	(2,552,286)	3,229,286
Change in other assets and liabilities, net	(871,642)	(5,197,626)
Net cash provided by (used in) operating activities	(11,148,536)	(13,640,239)
Proceeds from investments sold and matured:
Fixed maturities available for sale	22,484,522	44,228,405
Equity securities available for sale	8,087,827	14,686,816
Trading securities	125,774	1,992,704
Mortgage loans	20,140,224	9,040,925
Discounted mortgage loans	0	0
Real estate	19,829,665	53,674,168
Policy loans	3,102,284	3,322,613
Short term investment	4,482,329	960,148
Total proceeds from investments sold and matured	78,252,625	127,905,779
Cost of investments acquired:
Fixed maturities available for sale	(21,733,834)	(60,986,549)
Equity securities available for sale	(12,278,232)	(12,963,380)
Trading securities	(463,895)	(371,388)
Mortgage loans	(13,774,698)	(2,348,890)
Discounted mortgage loans	0	0
Real estate	(8,650,084)	(7,424,311)
Payments to Acquire Notes Receivable	(4,985,347)	0
Policy loans	(2,682,043)	(2,566,138)
Short-term investments	(100,149)	(5,342,329)
Total cost of investments acquired	(64,668,282)	(92,002,985)
Disposal (purchase) of property and equipment	0	(1,600,000)
Net cash used in investing activities	13,584,343	34,302,794
Cash flows from financing activities:
Policyholder contract deposits	5,189,311	5,304,502
Policyholder contract withdrawals	(5,514,232)	(6,323,472)
Proceeds from notes payable/line of credit	0	1,600,000
Payments of principal on notes payable/line of credit	(4,400,000)	(16,297,534)
Purchase of treasury stock	(120,281)	(927,904)
Proceeds from sale of subsidiary	0	(3,045,574)
Non-controlling distributions of consolidated subsidiary	254,567	(6,833,748)
Net cash provided by (used in) financing activities	(4,590,635)	(26,523,730)
Cash and cash equivalents at beginning of period	13,977,443	19,838,618
Cash and cash equivalents at end of period	$ 11,822,615	$ 13,977,443