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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues:    
Premiums and policy fees $ 10,413,346 $ 9,742,849
Reinsurance premiums and policy fees (2,955,989) (2,853,741)
Net investment income 11,700,998 12,944,548
Other income 458,663 591,919
Revenues before realized gains (losses) 19,617,018 20,425,575
Realized investment gains (losses), net:    
Other-than-temporary impairments (762,161) (465,754)
Other realized investment gains, net 9,879,286 7,877,412
Total realized investment gains, net 9,117,125 7,411,658
Total revenues 28,734,143 27,837,233
Benefits, claims and settlement expenses:    
Life 17,428,286 18,657,060
Ceded reinsurance benefits and claims (1,893,986) (2,517,075)
Annuity 975,196 1,120,684
Dividends to policyholders 370,847 432,150
Commissions (145,722) (139,167)
Amortization of cost of insurance acquired 839,105 872,982
Operating expenses 7,854,301 7,288,133
Interest expense 0 0
Total benefits and other expenses 25,428,027 25,714,767
Income before income taxes 3,306,116 2,122,466
Income tax expense (benefit) (1,507,016) 666,181
Net income 4,813,132 1,456,285
Net income attributable to noncontrolling interests (2,983) (288,260)
Net income attributable to common shareholders $ 4,810,149 $ 1,168,025
Amounts attributable to common shareholders:    
Basic income per share (in dollars per share) $ 1.44 $ 0.33
Diluted income per share (in dollars per share) $ 1.44 $ 0.33
Basic weighted average shares outstanding (in shares) 3,346,774 3,537,394
Diluted weighted average shares outstanding (in shares) 3,346,774 3,537,394