Investments in available for sale securities are summarized as follows:

March 31, 2017	Original or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
Investments available for sale:
Fixed maturities
U.S. Government and govt. agencies and authorities	$	9,061,015	$	57,319	$	(88,717	)	$	9,029,617
U.S. special revenue and assessments		10,146,927		927,999		(11,346	)		11,063,580
All other corporate bonds		150,644,345		20,166,430		(844,291	)		169,966,484
		169,852,287		21,151,748		(944,354	)		190,059,681
Equity securities		39,114,668		16,221,003		(606,134	)		54,729,537
Total	$	208,966,955	$	37,372,751	$	(1,550,488	)	$	244,789,218

December 31, 2016	Original or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
Investments available for sale:
Fixed maturities
U.S. Government and govt. agencies and authorities	$	9,058,210	$	74,581	$	(96,981	)	$	9,035,810
U.S. special revenue and assessments		10,145,531		1,002,789		(14,043	)		11,134,277
All other corporate bonds		151,392,119		17,234,691		(1,557,179	)		167,069,631
		170,595,860		18,312,061		(1,668,203	)		187,239,718
Equity securities		37,014,712		15,214,862		(522,471	)		51,707,103
Total	$	207,610,572	$	33,526,923	$	(2,190,674	)	$	238,946,821

Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities.

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