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Consolidated Statements Of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net income $ 19,515,452 $ 12,549,053 $ 9,672,498
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation 1,306,643 1,105,839 833,104
Amortization of investments, net 772,100 728,510 630,782
Amortization of other intangible assets 213,795 0 0
Amortization related to postretirement benefits obligation 8,941 7,904 2,217
Share-based compensation expense related to stock appreciation rights and options 132,098 137,762 120,891
Net (gain) loss on disposals of property (12,439) (24,867) 24,608
Net realized (gain) loss on investments (768,436) 116,163 (268,294)
Net earnings from other investments (1,750,485) (2,002,276) (1,450,980)
Provision for claims 242,953 4,478,494 5,229,716
Provision for deferred income taxes 2,790,000 1,015,000 611,000
Changes in assets and liabilities:      
(Increase) decrease in receivables (261,464) 217,594 206,041
Decrease (increase) in other assets 2,631,205 (4,879,418) (393,359)
Decrease in current income taxes recoverable 0 0 366,772
(Decrease) increase in accounts payable and accrued liabilities (581,518) 6,689,204 (2,080,492)
Increase in current income taxes payable 1,022,077 118,163 92,192
Payments of claims, net of recoveries (2,725,953) (3,367,494) (3,912,716)
Net cash provided by (used in) operating activities 22,534,969 16,889,631 9,683,980
Investing Activities      
Purchases of available-for-sale securities (19,424,849) (20,164,353) (30,899,452)
Purchases of short-term securities (1,775,239) (4,593,240) (911,188)
Purchases of other investments (2,743,413) (3,717,978) (1,689,950)
Investment in subsidiary (9,141) (72,600) 0
Proceeds from sales and maturities of available-for-sale securities 20,258,089 22,151,408 12,472,817
Proceeds from sales and maturities of short-term securities 2,081,805 304,827 6,260,568
Proceeds from sales and distributions of other investments 3,437,999 3,911,286 1,584,337
Proceeds from sales of other assets 17,601 149,128 38,052
Purchase of subsidiary, net of cash received (8,316,155) 0 0
Purchase of redeemable noncontrolling interest of subsidiary 0 0 (515,275)
Purchases of property, equipment and software (2,456,951) (2,742,619) (2,017,379)
Proceeds from disposals of property 91,656 75,060 24,400
Net cash provided by (used in) investing activities (8,838,598) (4,699,081) (15,653,070)
Financing Activities      
Repurchases of common stock (6,219,670) (5,483,953) (1,055,765)
Exercise of stock appreciation rights and options (200) 54,988 27,100
Proceeds from note payable 6,000,000 0 0
Payments on note payable (6,000,000) 0 0
Distribution to noncontrolling interest 0 0 (168,057)
Subsidiary return of capital 0 (35,000) 0
Excess tax benefits related to exercise of stock options and SARs 32,293 26,875 15,999
Dividends paid (1,370,390) (789,907) (650,433)
Net cash provided by (used in) financing activities (7,557,967) (6,226,997) (1,831,156)
Net Increase (Decrease) in Cash and Cash Equivalents 6,138,404 5,963,553 (7,800,246)
Cash and Cash Equivalents, Beginning of Period 21,790,068 15,826,515 23,626,761
Cash and Cash Equivalents, End of Period 27,928,472 21,790,068 15,826,515
Cash Paid During the Year for:      
Income tax payments, net 5,068,400 4,658,000 2,744,100
Non cash net unrealized (gain) loss on investments, net of deferred tax (provision) benefit of $(133,892), $708,564 and $(805,779) for 2016, 2015 and 2014, respectively (272,906) 1,336,756 (1,538,740)
Adjustments to postretirement benefits obligation, net of deferred tax benefit of $192, $21,612 and $16,021 for 2016, 2015 and 2014, respectively 374 41,954 31,100
Changes in Financial Statement Amounts Related to Purchase of Subsidiaries, Net of Cash Received      
Goodwill and other intangibles acquired (11,249,851) 0 0
Title plant acquired (in prepaid expenses and other assets) (690,000) 0 0
Fixed assets acquired (533,424) 0 0
Prepaid and other assets acquired (15,233) 0 0
Accounts payable and accrued liabilities assumed 1,683,844 0 0
Deferred income taxes 2,488,509 0 0
Purchase of subsidiary, net of cash received $ (8,316,155) $ 0 $ 0