Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income (loss)	$ 16,023,721	$ (3,201,187)
Adjustments to reconcile net income to net cash used in operating activities:
Amortization (accretion) of investments	27,843	(58,394)
Other-than-temporary impairments	411,584	(0)
Realized investment gains (losses), net	(4,432,507)	2,095,846
Change in fair value of equity securities	(20,375,015)	688,477
Unrealized trading (gains) losses included in income	(950)	0
Realized trading (gains) losses included in income	(18,304)	0
Amortization of cost of insurance acquired	357,845	372,425
Depreciation and depletion	1,260,915	239,510
Stock-based compensation	170,538	218,289
Charges for mortality and administration of universal life and annuity products	(3,216,269)	(3,164,512)
Interest credited to account balances	1,970,895	2,012,606
Change in accrued investment income	14,833	151,566
Change in reinsurance receivables	246,433	646,537
Change in policy liabilities and accruals	(2,293,954)	(2,219,077)
Change in income taxes receivable (payable)	(1,071,762)	472,319
Change in other assets and liabilities, net	4,632,604	(3,142,189)
Net cash used in operating activities	(6,291,550)	(4,887,784)
Proceeds from investments sold and matured:
Fixed maturities available for sale	14,542,087	12,253,350
Equity securities	5,161,155	16,186,805
Trading securities	241	0
Mortgage loans	7,569,346	230,116
Real estate	4,350,324	3,418,671
Notes receivable	581,329	3,333,296
Policy loans	559,398	713,241
Short-term investments	0	6,000,000
Total proceeds from investments sold and matured	32,763,880	42,135,479
Cost of investments acquired:
Fixed maturities available for sale	(20,000)	(9,038,928)
Equity securities	(24,990,946)	(10,286,666)
Trading securities	(358)	0
Mortgage loans	(747,941)	(5,098,138)
Real estate	(1,402,593)	0
Notes receivable	(6,000,000)	(3,500,000)
Policy loans	(452,004)	(618,465)
Short-term investments	0	(7,890,228)
Total cost of investments acquired	(33,613,842)	(36,432,425)
Net cash provided by (used in) investing activities	(849,962)	5,703,054
Cash flows from financing activities:
Policyholder contract deposits	2,343,191	2,283,017
Policyholder contract withdrawals	(3,007,581)	(2,118,404)
Purchase of treasury stock	(238,971)	(450,057)
Net cash used in financing activities	(903,361)	(285,444)
Net increase (decrease) in cash and cash equivalents	(8,044,873)	529,826
Cash and cash equivalents at beginning of period	39,025,754	28,787,629
Cash and cash equivalents at end of period	$ 30,980,881	$ 29,317,455