OTHER CASH FLOW DISCLOSURES (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
OTHER CASH FLOW DISCLOSURES [Abstract]
Interest expense paid	$ 0	$ 0	$ 0	$ 0
Federal income tax	735,000	$ 0	735,000	$ 3,000,000
Noncash transaction LOC	0		0
Cash to purchaser			0
Approximate future policyholder benefits			0
Approximate cost of insurance acquired	0
Noncash transaction short term investments	0		0
Noncash transaction real estate	$ 0		$ 0