Schedule I (Details) (USD $)	Dec. 31, 2013
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	$ 123,772,214	[1],[2]
Market Value	141,181,163	[2]
Amount at which shown in the Balance Sheet	141,181,163	[2],[3]
Investments in related party accounted for under the cost and equity method	1,582,519
Fixed maturities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	95,906,533	[1]
Market Value	99,371,786
Amount at which shown in the Balance Sheet	99,371,786	[3]
States, municipalities and political subdivisions
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	69,323,880	[1]
Market Value	72,091,721
Amount at which shown in the Balance Sheet	72,091,721	[3]
All other corporate bonds
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	18,656,280	[1]
Market Value	19,353,692
Amount at which shown in the Balance Sheet	19,353,692	[3]
Short-term investments
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	7,926,373	[1]
Market Value	7,926,373
Amount at which shown in the Balance Sheet	7,926,373	[3]
Equity securities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	22,200,369	[1]
Market Value	36,144,065
Amount at which shown in the Balance Sheet	36,144,065	[3]
Public utilities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	958,864	[1]
Market Value	1,274,489
Amount at which shown in the Balance Sheet	1,274,489	[3]
Banks, trust and insurance companies
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	1,700,194	[1]
Market Value	2,800,874
Amount at which shown in the Balance Sheet	2,800,874	[3]
Industrial, miscellaneous and all other
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	19,346,311	[1]
Market Value	31,827,202
Amount at which shown in the Balance Sheet	31,827,202	[3]
Nonredeemable preferred stocks
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	195,000	[1]
Market Value	241,500
Amount at which shown in the Balance Sheet	241,500	[3]
Other investments
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	5,665,312	[1]
Market Value	5,665,312
Amount at which shown in the Balance Sheet	$ 5,665,312	[3]

[1] Fixed maturities are shown at amortized cost and equity securities are shown at original cost

[2] The above summary of investments does not include investments in related parties accounted for under the cost and equity methods of accounting in the amount of $1,582,519

[3] Bonds of states, municipalities and political subdivisions are shown at amortized cost for held-to-maturity bonds and fair value for available-for-sale bonds. Equity securities are shown at fair value