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Investments in Securities and Fair Value Schedule of Fair Value Assets Measured on Recurring Basis (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term investments $ 23,779,672 $ 6,558,840
Available for sale securities, equity securities 47,366,826 41,179,259
Available-for-sale, fixed maturity 103,341,083 101,934,077
Total 174,487,581 149,672,176
Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term investments 23,779,672 6,558,840
Total 71,146,498 47,738,099
Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term investments 0 0
Total 103,341,083 101,934,077
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term investments 0 0
Total 0 0
Common stocks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale securities, equity securities 47,366,826 41,179,259
Common stocks | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale securities, equity securities 47,366,826 41,179,259
Common stocks | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale securities, equity securities 0 0
Common stocks | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale securities, equity securities 0 0
Obligations of U.S. states, territories and political subdivisions    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale, fixed maturity 90,331,579 88,093,996
Obligations of U.S. states, territories and political subdivisions | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale, fixed maturity 0 0
Obligations of U.S. states, territories and political subdivisions | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale, fixed maturity 90,331,579 88,093,996
Obligations of U.S. states, territories and political subdivisions | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale, fixed maturity 0 0
Corporate debt securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale, fixed maturity 13,009,504 13,840,081
Corporate debt securities | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale, fixed maturity 0 0
Corporate debt securities | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale, fixed maturity 13,009,504 13,840,081
Corporate debt securities | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale, fixed maturity $ 0 $ 0