INVESTMENTS (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016 USD ($) Security Loans	Jun. 30, 2015 USD ($)	Jun. 30, 2016 USD ($) Security Loans	Jun. 30, 2015 USD ($)	Dec. 31, 2015 USD ($) Security Loans	Mar. 31, 2016 USD ($)	Mar. 31, 2015
Fixed maturities [Abstract]
Original or amortized cost	$ 173,593,690		$ 173,593,690		$ 188,647,671
Gross unrealized gains	19,318,805		19,318,805		5,211,889
Gross unrealized losses	(1,065,280)		(1,065,280)		(8,740,463)
Estimated fair value	191,847,215		191,847,215		185,119,097
Equity securities [Abstract]
Original or amortized cost	44,247,930		44,247,930		43,954,737
Gross unrealized gains	11,058,428		11,058,428		2,119,205
Gross unrealized losses	(938,585)		(938,585)		(388,602)
Estimated fair value	54,367,773		54,367,773		45,685,340
Total [Abstract]
Original or amortized cost	217,841,620		217,841,620		232,602,408
Gross unrealized gains	30,377,233		30,377,233		7,331,094
Gross unrealized losses	(2,003,865)		(2,003,865)		(9,129,065)
Estimated fair value	246,214,988		246,214,988		230,804,437
Amortized cost of debt securities, by contractual maturity [Abstract]
Due in one year or less	2,527,870		2,527,870
Due after one year through five years	22,721,141		22,721,141
Due after five years through ten years	54,643,263		54,643,263
Due after ten years	93,701,416		93,701,416
Original or amortized cost	173,593,690		173,593,690		188,647,671
Estimated fair value of debt securities, by contractual maturity [Abstract]
Due in one year or less	2,589,157		2,589,157
Due after one year through five years	24,073,765		24,073,765
Due after five years through ten years	62,833,387		62,833,387
Due after ten years	102,350,906		102,350,906
Estimated fair value	191,847,215		191,847,215		185,119,097
Trading Securities [Abstract]
Fair value, derivatives included in trading security assets	63,000		63,000		0
Fair value, derivative included in trading security liabilities	(53,721)		(53,721)		$ (28,609)
trading transfer to available for sale securities	0		0			$ 0
Trading securities, net unrealized gain (loss)	24,938	$ 71,632	39,477	$ 1,019,262
Trading securities, realized gain (loss)	0	(92,310)	0	(515,967)
Increase (Decrease) in Trading Securities [Abstract]
Net Realized and Unrealized Gain (Loss) on Trading Securities	$ 24,938	$ (20,678)	$ 39,477	$ 503,295
Mortgages [Abstract]
Number of Mortgage Loans including Discounted Mortgage Loans	27.00%		27.00%		30.00%
Mortgage Loans including Discounted Mortgage Loans	$ 2.6		$ 2.6		$ 13.8
Servicing Fee on Loan Percent			0.25%	0.25%
Loan Origination Percent			0.50%	0.50%
Average purchase price to outstanding loan (in hundredths)	33.00%	39.00%
Commercial loans maximum rate	8.50%		8.50%				8.00%
Commercial loans minimum rate	3.94%		3.94%				4.00%
Residential loans maximum rate	8.00%		8.00%				8.00%
Residential loans minimum rate	3.00%		3.00%				3.00%
Loan limit threshold for appraised property value	80.00%	80.00%
Mortgage loans reserve	$ 0	$ 0	$ 0	$ 0
Discounted mortgage loan portfolio payment performance [Abstract]
Number of discounted loans with no payments	8		8		8
Number of discounted loans one time payment received | Loans	1		1		1
Number of discounted loans irregular payments received | Loans	2		2		2
Number of discounted loans periodic payments received | Loans	6		6		7
Number of discounted loans | Loans	17		17		18
Discounted loans with no payments | Loans	0		0		0
Discounted loans with one time payment received	$ 0		$ 0		$ 0
Discounted loans with irregular payments received	20,834		20,834		20,834
Discounted loans with periodic payments received	5,123,277		5,123,277		5,347,215
Discounted loans	5,144,111		5,144,111		5,368,049
Discounted mortgage loan holdings [Abstract]
In good standing	16,399,487		16,399,487		14,701,228
Overdue interest over 90 days	20,834		20,834		20,834
Restructured	66,827				126,118
In process of foreclosure	2,892,401		2,892,401		2,921,750
Total discounted mortgage loans	19,379,549		19,379,549		17,769,930
Total foreclosed discounted mortgage loans	0				0
Notes Receivable [Abstract]
Valuation allowance	0	0	0	0
U.S. Government and Government Agencies and Authorities [Member]
Fixed maturities [Abstract]
Original or amortized cost	19,056,637		19,056,637		20,336,681
Gross unrealized gains	1,585,358		1,585,358		1,441,890
Gross unrealized losses	0		0		(32,083)
Estimated fair value	20,641,995		20,641,995		21,746,488
Amortized cost of debt securities, by contractual maturity [Abstract]
Original or amortized cost	19,056,637		19,056,637		20,336,681
Estimated fair value of debt securities, by contractual maturity [Abstract]
Estimated fair value	20,641,995		20,641,995		21,746,488
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	0		0		4,966,210
Less than 12 months, unrealized losses			0	(32,083)
Twelve months or longer, fair value	0		0		0
Twelve months or longer, unrealized losses		0	0
Total fair value	0		0		4,966,210
Total unrealized losses			0	(32,083)
US Special Revenue and Assessments [Member]
Fixed maturities [Abstract]
Original or amortized cost	1,137,465		1,137,465		1,137,546
Gross unrealized gains	18,864		18,864		7,843
Gross unrealized losses	0		0		(2,550)
Estimated fair value	1,156,329		1,156,329		1,142,839
Amortized cost of debt securities, by contractual maturity [Abstract]
Original or amortized cost	1,137,465		1,137,465		1,137,546
Estimated fair value of debt securities, by contractual maturity [Abstract]
Estimated fair value	1,156,329		1,156,329		1,142,839
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	0		0		984,770
Less than 12 months, unrealized losses			0	(2,550)
Twelve months or longer, fair value	0		0		0
Twelve months or longer, unrealized losses		0	0
Total fair value	0		0		984,770
Total unrealized losses			0	(2,550)
States, Municipalities and Political Subdivisions [Member]
Fixed maturities [Abstract]
Original or amortized cost	0		0		0
Gross unrealized gains	0		0		0
Gross unrealized losses	0		0		0
Estimated fair value	0		0		0
Amortized cost of debt securities, by contractual maturity [Abstract]
Original or amortized cost	0		0		0
Estimated fair value of debt securities, by contractual maturity [Abstract]
Estimated fair value	0		0		0
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value					0
Less than 12 months, unrealized losses				0
Twelve months or longer, fair value					0
Twelve months or longer, unrealized losses		0
Total fair value					0
Total unrealized losses		$ 0
Collateralized Mortgage Obligations [Member]
Fixed maturities [Abstract]
Original or amortized cost	0		0		0
Gross unrealized gains	0		0		0
Gross unrealized losses	0		0		0
Estimated fair value	0		0		0
Amortized cost of debt securities, by contractual maturity [Abstract]
Original or amortized cost	0		0		0
Estimated fair value of debt securities, by contractual maturity [Abstract]
Estimated fair value	0		0		0
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	0		0		0
Less than 12 months, unrealized losses			0	0
Twelve months or longer, fair value	0		0		0
Twelve months or longer, unrealized losses			0	0
Total fair value	0		0		0
Total unrealized losses			0	0
Public Utilities [Member]
Fixed maturities [Abstract]
Original or amortized cost	0		0		0
Gross unrealized gains	0		0		0
Gross unrealized losses	0		0		0
Estimated fair value	0		0		0
Amortized cost of debt securities, by contractual maturity [Abstract]
Original or amortized cost	0		0		0
Estimated fair value of debt securities, by contractual maturity [Abstract]
Estimated fair value	0		0		0
Debt Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	13,681,500		13,681,500		91,685,077
Less than 12 months, unrealized losses			(668,105)	(5,289,909)
Twelve months or longer, fair value	13,280,629		13,280,629		19,400,640
Twelve months or longer, unrealized losses			(397,175)	(3,450,554)
Total fair value	$ 26,962,129		26,962,129		$ 111,085,717
Total unrealized losses			$ (1,065,280)	(8,740,463)
Less than 12 months, number of securities | Security	3		3		40
Twelve months or longer, number of securities | Security	8		8		9
Total number of securities | Security	11		11		49
Equity Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 16,418,159		$ 16,418,159		$ 4,741,132
Less than 12 months, unrealized losses			(938,585)	(388,602)
Twelve months or longer, fair value	0		0		0
Twelve months or longer, unrealized losses			0	0
Total fair value	$ 16,418,159		16,418,159		$ 4,741,132
Total unrealized losses			$ (938,585)	(388,602)
Less than 12 months, number of securities | Security	6		6		9
Twelve months or longer, number of securities | Security	0		0		0
Total number of securities | Security	6		6		9
All Other Corporate Bonds [Member]
Fixed maturities [Abstract]
Original or amortized cost	$ 153,399,588		$ 153,399,588		$ 167,173,444
Gross unrealized gains	17,714,583		17,714,583		3,762,156
Gross unrealized losses	(1,065,280)		(1,065,280)		(8,705,830)
Estimated fair value	170,048,891		170,048,891		162,229,770
Amortized cost of debt securities, by contractual maturity [Abstract]
Original or amortized cost	153,399,588		153,399,588		167,173,444
Estimated fair value of debt securities, by contractual maturity [Abstract]
Estimated fair value	170,048,891		170,048,891		162,229,770
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	13,681,500		13,681,500		85,734,097
Less than 12 months, unrealized losses			(668,105)	(5,255,276)
Twelve months or longer, fair value	13,280,629		13,280,629		19,400,640
Twelve months or longer, unrealized losses			(397,175)	(3,450,554)
Total fair value	$ 26,962,129		26,962,129		$ 105,134,737
Total unrealized losses			$ (1,065,280)	$ (8,705,830)