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Statutory Financial Data (Tables)
12 Months Ended
May 31, 2014
Statutory surplus and insurance subsidiary for five months Period  
Schedule of Statutory surplus and insurance subsidiary

Statutory surplus as of May 31, 2014 and 2013 and net income for the Company’s insurance subsidiary for the calendar year ended December 31, 2013 and 2012 and five-month periods ended May 31, 2014 and 2013 are as follows: 

 

Statutory Surplus  May 31, 2014  $5,905,066 
Statutory Surplus  May 31, 2013  $5,804,785 
         
Net Income  Calendar year 2013  $198,375 
Net Income  Calendar year 2012  $350,214 
         
Net Income  Five-month period 2014  $36,583 
Net Income  Five-month period 2013  $75,003