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Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Investments in securities:    
Fixed maturities, available-for-sale, at fair value (amortized cost: March 31, 2017: $96,557,152; December 31, 2016: $100,162,357) $ 98,382,799 $ 101,934,077
Equity securities, available-for-sale, at fair value (cost: March 31, 2017: $25,203,870; December 31, 2016: $24,836,032) 43,068,433 41,179,259
Short-term investments 13,635,465 6,558,840
Other investments 10,582,877 11,181,531
Total investments 165,669,574 160,853,707
Cash and cash equivalents 25,718,050 27,928,472
Premium and fees receivable 8,663,495 8,654,161
Accrued interest and dividends 1,336,998 1,035,152
Prepaid expenses and other assets 10,323,199 9,456,523
Property, net 9,477,362 8,753,466
Goodwill and other intangible assets 12,023,053 12,256,641
Total Assets 233,211,731 228,938,122
Liabilities:    
Reserves for claims 35,445,000 35,305,000
Accounts payable and accrued liabilities 22,577,847 26,146,480
Current income taxes payable 3,479,935 1,232,432
Deferred income taxes, net 11,421,379 11,118,256
Total liabilities 72,924,161 73,802,168
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock (1,000,000 authorized shares; no shares issued) 0 0
Common stock – no par value (10,000,000 authorized shares; 1,886,088 and 1,884,283 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively, excluding in each period 291,676 shares of common stock held by the Company's subsidiary) 1 1
Retained earnings 147,405,440 143,283,621
Accumulated other comprehensive income 12,801,119 11,761,447
Total stockholders’ equity attributable to the Company 160,206,560 155,045,069
Noncontrolling interests 81,010 90,885
Total stockholders' equity 160,287,570 155,135,954
Total Liabilities and Stockholders’ Equity $ 233,211,731 $ 228,938,122