Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Revenue:
Premiums and policy fees	$ 9,601,612	$ 10,076,351
Ceded reinsurance premiums and policy fees	(2,535,980)	(2,862,701)
Net investment income	11,315,646	11,202,668
Other income	388,340	400,034
Revenue before net investment gains (losses)	18,769,618	18,816,352
Net investment gains (losses):
Other-than-temporary impairments	(650,956)	(300,000)
Other realized investment gains, net	13,546,463	12,340,077
Change in fair value of equity securities	12,530,315	10,416,758
Total net investment gains (losses)	25,425,822	22,456,835
Total revenues	44,195,440	41,273,187
Benefits, claims and settlement expenses:
Life	16,191,227	16,751,922
Ceded reinsurance benefits and claims	(2,233,585)	(2,610,586)
Annuity	1,039,604	1,044,397
Dividends to policyholders	359,147	390,368
Commissions	(130,828)	(147,922)
Amortization of cost of insurance acquired	775,906	806,065
Operating expenses	8,006,748	8,531,113
Total benefits and other expenses	24,008,219	24,765,357
Income before income taxes	20,187,221	16,507,830
Income tax expense (benefit)	3,591,301	3,907,536
Net income	16,595,920	12,600,294
Net income attributable to noncontrolling interests	(325,143)	(209,177)
Net income attributable to common shareholders	$ 16,270,777	$ 12,391,117
Amounts attributable to common shareholders
Basic income per share (in dollars per share)	$ 4.95	$ 3.75
Diluted income per share (in dollars per share)	$ 4.95	$ 3.75
Basic weighted average shares outstanding (in shares)	3,285,813	3,307,448
Diluted weighted average shares outstanding (in shares)	3,285,813	3,307,448