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Investments, Net Investment Gains (Losses) and Change in Net Unrealized Gains on Available-for-sale Investments (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Realized gains on available-for-sale investments [Abstract]    
Total realized gains $ 534,242 $ 0
Realized losses on available-for-sale investments [Abstract]    
Other-than-temporary impairments 0 (484,347)
Total realized losses 0 (498,691)
Net realized investment gains (losses) 534,242 (498,691)
Change in fair value of equity securities [Abstract]    
Change in fair value of equity securities sold during the period [1] 0 0
Change in fair value of equity securities held at the end of the period [1] 4,129,236 0
Change in fair value of equity securities [1] 4,129,236 0
Net investment gains (losses) [1] 4,663,478 (498,691)
Unrealized gains on available-for-sale investments included other comprehensive income [Abstract]    
Change in net unrealized gains on available-for-sale investments included in other comprehensive income (4,285,303) 4,456,679
Fixed Maturities [Member]    
Realized gains on available-for-sale investments [Abstract]    
Total realized gains 0 0
Realized losses on available-for-sale investments [Abstract]    
Total realized losses 0 (14,344)
Unrealized gains on available-for-sale investments included other comprehensive income [Abstract]    
Change in net unrealized gains on available-for-sale investments included in other comprehensive income (4,285,303) 3,033,099
Equity Securities [Member]    
Realized gains on available-for-sale investments [Abstract]    
Total realized gains [1] 0 0
Realized losses on available-for-sale investments [Abstract]    
Total realized losses [1] 0 0
Unrealized gains on available-for-sale investments included other comprehensive income [Abstract]    
Change in net unrealized gains on available-for-sale investments included in other comprehensive income [1] 0 1,423,580
Other [Member]    
Realized gains on available-for-sale investments [Abstract]    
Total realized gains 534,242 0
Realized losses on available-for-sale investments [Abstract]    
Total realized losses $ 0 $ 0
[1] Effective January 1, 2018, the Company adopted ASU No. 2016-01. As a result, equity securities are no longer classified as available-for-sale with unrealized gains and losses recognized in other comprehensive income; rather, all changes in the fair value of equity securities are now recognized in net income. Prior periods have not been restated to conform to the current presentation. See note 2.