Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net loss attributable to common shareholders	$ 569,281	$ 1,715,966
Adjustments to reconcile net loss to net cash used in operating activities
Amortization (accretion) of investments	(658,331)	(3,008,714)
Realized investment gains, net	(4,067,797)	(4,426,320)
Unrealized trading (gains) losses included in income	(39,476)	1,019,262
Realized trading (gains) losses included in income	0	0
Amortization of deferred policy acquisition costs	0	0
Amortization of cost of insurance acquired	436,492	453,802
Depreciation	412,472	396,041
Net income attributable to noncontrolling interest	45,973	152,006
Charges for mortality and administration of universal life and annuity products	(1,107,778)	(3,325,645)
Interest credited to account balances	867,663	2,533,573
Change in accrued investment income	(101,071)	(128,529)
Change in reinsurance receivables	160,739	(82,973)
Change in policy liabilities and accruals	(1,764,350)	(1,672,749)
Change in income taxes receivable (payable)	(133,218)	(2,542,138)
Change in other assets and liabilities, net	(1,701,843)	1,459,220
Net cash used in operating activities	(7,081,244)	(7,457,198)
Proceeds from investments sold and matured:
Fixed maturities available for sale	21,633,273	10,878,924
Equity securities available for sale	1,195,793	5,697,643
Trading securities	72,279	112,879
Mortgage loans	2,000,374	13,888,981
Discounted mortgage loans	0	0
Real estate	8,002,596	9,713,102
Proceeds from Sale of Notes Receivable	2,682,590	0
Policy loans	1,300,996	958,134
Short term investment	0	388,392
Total proceeds from investments sold and matured	36,887,901	41,638,055
Cost of investments acquired:
Fixed maturities available for sale	(6,139,596)	(7,408,461)
Equity securities available for sale	(1,463,409)	(4,125,392)
Trading securities	(70,690)	(463,895)
Mortgage loans	(2,694,686)	(5,044,175)
Discounted mortgage loans	0	0
Payments to Acquire Notes Receivable	(7,047,843)	0
Real estate	(8,668,777)	(6,904,517)
Policy loans	(1,182,883)	(686,113)
Short-term investments	0	(19,200)
Total cost of investments acquired	(27,267,884)	(24,651,753)
Sale of property and equipment	0	0
Net cash provided by investing activities	9,620,017	16,986,302
Cash flows from financing activities:
Proceeds From Policyholder Contract Deposits	772,689	2,712,136
Policyholder contract withdrawals	(594,960)	(3,013,592)
Proceeds from notes payable/line of credit	0	0
Payments of principal on notes payable/line of credit	0	(2,000,000)
Purchase of treasury stock	(455,645)	(28,297)
Non-controlling distributions of consolidated subsidiary	(49,893)	(532,542)
Sale of block of business	0	0
Net cash provided by (used in) financing activities	(327,809)	(2,862,295)
Net increase (decrease) in cash and cash equivalents	2,210,964	6,666,809
Cash and cash equivalents at beginning of period	11,822,615	13,977,443
Cash and cash equivalents at end of period	$ 14,033,579	$ 20,644,252