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CREDIT ARRANGEMENTS (Details) - USD ($)
6 Months Ended
Jul. 22, 2016
Jun. 30, 2016
Dec. 31, 2015
Scheduled principal reductions on notes payable for the next five years [Abstract]      
2013   $ 0  
2014   0  
2015   0  
2016   0  
2017   $ 0  
STOCK REPURCHASE PROGRAM [Abstract]      
Treasury Stock, Shares, Acquired 300,000 46,000  
% of shares owned by shareholder 8.00%    
Amount paid to repurchase shares during the year $ 2,900,000 $ 703,000  
UTG 2012-11-20 [Member]      
Lines of Credit [Line Items]      
Issue Date   Nov. 20, 2013  
Maturity Date   Nov. 20, 2015  
Revolving Credit Limit   $ 8,000,000  
Outstanding Balance   0 $ 0
Borrowings   0  
Repayments   $ 0  
Interest Rate   3.75%  
Assets Pledged   100% of the common voting stock of its wholly owned subsidiary, Universal Guaranty Life Insurance Company (“UG”).  
UTG Avalon 2013-03-28 [Member]      
Lines of Credit [Line Items]      
Issue Date   Jun. 02, 2015  
Maturity Date   May 10, 2017  
Revolving Credit Limit   $ 10,000,000  
Outstanding Balance   0 $ 0
Borrowings   0  
Repayments   $ 0