XML 35 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value Measurements (Details) - USD ($)
3 Months Ended
Mar. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Carrying Amount [Member]          
Assets [Abstract]          
Mortgage loans on real estate $ 18,628,404   $ 18,577,372    
Investment real estate 56,162,114   57,138,980    
Policy loans 9,893,063   10,070,134    
Notes receivable 17,324,551   16,876,485    
Cash and cash equivalents 11,440,096   15,156,548    
Estimated Fair Value [Member]          
Assets [Abstract]          
Mortgage loans on real estate 18,628,404   18,577,372    
Investment real estate 56,162,114   57,138,980    
Policy loans 9,893,063   10,070,134    
Notes receivable 17,324,551   16,876,485    
Cash and cash equivalents 11,440,096   15,156,548    
Fixed Maturities, available for sale 190,059,681   187,239,718    
Trading Securities 0   2,500    
Trading Securities 0   1,439    
Beginning Balance 28,876,550        
Included in realized gains/(losses) 0        
Included in other comprehensive income 1,328,754        
Purchases 1,789,390        
Sales (651,882)        
Ending Balance 31,342,812        
Investment real estate 56,162,114   57,138,980    
Notes receivable 17,324,551   16,876,485    
Cash and cash equivalents $ 11,440,096 $ 15,156,548 15,156,548 $ 12,464,395 $ 11,822,615
Minimum [Member]          
Liabilities [Abstract]          
Policy loan interest rate 4.00%        
Maximum [Member]          
Liabilities [Abstract]          
Policy loan interest rate 8.00%        
Measured on a Recurring Basis [Member]          
Assets [Abstract]          
Fixed Maturities, available for sale $ 190,059,681   187,239,718    
Equity Securities, available for sale 54,729,537   51,707,103    
Trading Securities     2,500    
Total Financial Assets 244,789,218   238,949,321    
Liabilities [Abstract]          
Trading Securities     1,439    
Measured on a Recurring Basis [Member] | Level 1 [Member]          
Assets [Abstract]          
Fixed Maturities, available for sale 11,016,357   9,035,810    
Equity Securities, available for sale 19,224,731   19,360,394    
Trading Securities     2,500    
Total Financial Assets 30,241,088   28,398,704    
Liabilities [Abstract]          
Trading Securities     1,439    
Measured on a Recurring Basis [Member] | Level 2 [Member]          
Assets [Abstract]          
Fixed Maturities, available for sale 176,202,621   175,120,657    
Equity Securities, available for sale 7,002,697   6,553,410    
Trading Securities     0    
Total Financial Assets 183,205,318   181,674,067    
Liabilities [Abstract]          
Trading Securities     0    
Measured on a Recurring Basis [Member] | Level 3 [Member]          
Assets [Abstract]          
Fixed Maturities, available for sale 2,840,703   3,083,251    
Equity Securities, available for sale 28,502,109   25,793,299    
Trading Securities     0    
Total Financial Assets 31,342,812   28,876,550    
Liabilities [Abstract]          
Trading Securities     $ 0    
Fixed Maturities [Member] | Available-for-sale Securities [Member]          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 3,083,251        
Total unrealized gain (losses) [Abstract]          
Included in realized gains/(losses) 0        
Included in other comprehensive income 371,539        
Purchases 0        
Sales (614,087)        
Ending Balance 2,840,703        
Equity Securities [Member] | Available-for-sale Securities [Member]          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 25,793,299        
Total unrealized gain (losses) [Abstract]          
Included in realized gains/(losses) 0        
Included in other comprehensive income 957,215        
Purchases 1,789,390        
Sales (37,795)        
Ending Balance $ 28,502,109