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FAIR VALUE MEASUREMENTS (Details) - USD ($)	3 Months Ended
FAIR VALUE MEASUREMENTS (Details) - USD ($)	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Carrying Amount [Member]
Assets [Abstract]
Mortgage loans on real estate	$ 16,894,378	$ 17,769,930
Discounted mortgage loans	0	0
Investment real estate	50,277,989	47,650,102
Policy Loans	10,613,033	10,684,244
Financing Receivable, Gross	8,097,909	10,597,907
Cash and cash equivalents	12,464,395	11,822,615
Financing Receivable, Gross	8,097,909	10,597,907
Estimated Fair Value [Member]
Assets [Abstract]
Mortgage loans on real estate	12,157,921	17,775,178
Discounted mortgage loans	0	0
Investment real estate	50,277,989	47,650,102
Policy Loans	10,613,033	10,684,244
Financing Receivable, Gross	8,097,909	10,597,907
Cash and cash equivalents	12,464,395	11,822,615
Financing Receivable, Gross	8,097,909	10,597,907
Fixed Maturities, available for sale	191,863,364	185,119,097
Trading Securities	0	0
Trading Securities	14,070	28,609
Beginning Balance	27,832,642
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total	54,881
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	1,531,115
Purchases	148,000
Sales	(246,404)
Ending Balance	29,320,234
Discounted mortgage loans	0	0
Investment real estate	50,277,989	47,650,102
Financing Receivable, Gross	8,097,909	10,597,907
Cash and cash equivalents	12,464,395	11,822,615	$ 14,158,897	$ 13,977,443
Financing Receivable, Gross	$ 8,097,909	10,597,907
Liabilities [Abstract]
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	$ 1,026,694
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total	54,881
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	1,167,574
Purchases	0
Sales	(98,404)
Ending Balance	2,150,745
Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	26,805,948
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	363,541
Purchases	148,000
Sales	(148,000)
Ending Balance	27,169,489
Measured on a recurring basis [Member]
Assets [Abstract]
Fixed Maturities, available for sale	191,863,364	185,119,097
Equity Securities, available for sale	48,502,142	45,685,340
Trading Securities	0	0
Total Financial Assets	240,365,506	230,804,437
Liabilities [Abstract]
Trading Securities	14,070	28,609
Measured on a recurring basis [Member] \| Level 1 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	7,537,669	10,459,758
Equity Securities, available for sale	15,902,125	13,312,331
Trading Securities	0	0
Total Financial Assets	23,439,794	23,772,089
Liabilities [Abstract]
Trading Securities	14,070	28,609
Measured on a recurring basis [Member] \| Level 2 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	182,174,950	173,632,645
Equity Securities, available for sale	5,430,528	5,567,061
Trading Securities	0	0
Total Financial Assets	187,605,478	179,199,706
Liabilities [Abstract]
Trading Securities	0	0
Measured on a recurring basis [Member] \| Level 3 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	2,150,745	1,026,694
Equity Securities, available for sale	27,169,489	26,805,948
Trading Securities	0	0
Total Financial Assets	29,320,234	27,832,642
Liabilities [Abstract]
Trading Securities	$ 0	$ 0