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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 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Realized gains on available-for-sale investments [Abstract]        
Total realized gains $ 12,074,120 $ 1,127,702 $ 12,982,024 $ 2,225,367
Realized losses on available-for-sale investments [Abstract]        
Other-than-temporary impairments (300,000) 0 (300,000) 0
Total realized losses (300,000) (5,842) (558,458) (559,447)
Net realized investment gains (losses) 11,774,120 1,121,860 12,423,566 1,665,920
Change in fair value of equity securities [Abstract]        
Realized gains (losses) on equity securities sold during the period [1] 0 0 0 0
Change in fair value of equity securities held at the end of the period [1] 6,689,533 0 22,050,489 0
Change in fair value of equity securities [1] 6,689,533 0 22,050,489 0
Total net investment gains (losses) 18,463,653 1,121,860 34,474,055 1,665,920
Unrealized gains (losses) on available-for-sale investments included in other comprehensive income [Abstract]        
Change in net unrealized gains (losses) on available-for-sale investments included in other comprehensive income 1,244,302 7,534,112 (4,982,237) 12,390,007
Fixed Maturities [Member]        
Realized gains on available-for-sale investments [Abstract]        
Total realized gains 11,018,711 799,615 11,392,373 1,044,254
Realized losses on available-for-sale investments [Abstract]        
Total realized losses 0 (2,450) (258,458) (36,482)
Unrealized gains (losses) on available-for-sale investments included in other comprehensive income [Abstract]        
Change in net unrealized gains (losses) on available-for-sale investments included in other comprehensive income 1,244,302 4,444,400 (4,982,237) 9,630,582
Equity Securities [Member]        
Realized gains on available-for-sale investments [Abstract]        
Total realized gains [1] 0 159,910 0 1,012,936
Realized losses on available-for-sale investments [Abstract]        
Total realized losses [1] 0 0 0 0
Unrealized gains (losses) on available-for-sale investments included in other comprehensive income [Abstract]        
Change in net unrealized gains (losses) on available-for-sale investments included in other comprehensive income 0 3,089,712 0 2,759,425
Real Estate [Member]        
Realized gains on available-for-sale investments [Abstract]        
Total realized gains 1,055,409 168,177 1,589,651 168,177
Realized losses on available-for-sale investments [Abstract]        
Total realized losses 0 (3,392) 0 (522,965)
Other [Member]        
Realized gains on available-for-sale investments [Abstract]        
Total realized gains 0 0 0 0
Realized losses on available-for-sale investments [Abstract]        
Total realized losses $ 0 $ 0 $ 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.