Investments In Securities (Tables)

9 Months Ended

Sep. 30, 2012

Investments In Securities [Abstract]

Schedule Of Gross Unrealized Gains And Losses And Amortized Cost For Securities

				Gross		Gross		Estimated
		Amortized		Unrealized		Unrealized		Fair
September 30, 2012		Cost		Gains		Losses		Value
Fixed maturities, available-for-sale, at fair value-
Obligations of states and political subdivisions	$	57,914,850	$	5,561,688	$	12,970	$	63,463,568
Corporate debt securities		17,590,282		1,344,750		3,434		18,931,598
Auction rate securities		2,723,393		48,507		0		2,771,900
Total	$	78,228,525	$	6,954,945	$	16,404	$	85,167,066
Equity securities, available-for-sale at fair value-
Common stocks and nonredeemable preferred stocks	$	20,179,479	$	7,942,885	$	40,879	$	28,081,485
Total	$	20,179,479	$	7,942,885	$	40,879	$	28,081,485
Short-term investments-
Money market mutual funds and certificates of deposit	$	11,231,113	$	0	$	0	$	11,231,113
Total	$	11,231,113	$	0	$	0	$	11,231,113

				Gross		Gross		Estimated
		Amortized		Unrealized		Unrealized		Fair
December 31, 2011		Cost		Gains		Losses		Value
Fixed maturities, available-for-sale, at fair value-
Obligations of states and political subdivisions	$	62,042,929	$	5,583,733	$	13,869	$	67,612,793
Corporate debt securities		12,188,639		1,202,149		148,616		13,242,172
Auction rate securities		4,552,400		0		0		4,552,400
Total	$	78,783,968	$	6,785,882	$	162,485	$	85,407,365
Equity securities, available-for-sale at fair value-
Common stocks and nonredeemable preferred stocks	$	17,652,745	$	4,939,053	$	41,823	$	22,549,975
Total	$	17,652,745	$	4,939,053	$	41,823	$	22,549,975
Short-term investments-
Money market mutual funds and certificates of deposit	$	14,112,262	$	0	$	0	$	14,112,262
Total	$	14,112,262	$	0	$	0	$	14,112,262

Schedule Of Fixed Maturity Securities

		Available-for-Sale
		Amortized		Fair
		Cost		Value
Due in one year or less	$	7,089,663	$	7,195,711
Due after one year through five years		48,492,618		52,604,090
Due five years through ten years		17,886,881		20,044,188
Due after ten years		4,759,363		5,323,077
Total	$	78,228,525	$	85,167,066

Schedule Of Gross Realized Gains And Losses On Securities

		2012			2011
Gross realized gains:
Obligations of states and political subdivisions	$	2,862		$	20,845
Common stocks and nonredeemable preferred stocks		199,977			279,899
Auction rate securities		118,336			43,200
Total	$	321,175		$	343,944
Gross realized losses:
Common stocks and nonredeemable preferred stocks	$	(91,975	)	$	(141,609	)
Other than temporary impairment of securities		(76,539	)		(214,077	)
Total		(168,514	)		(355,686	)
Net realized gain (loss)	$	152,661		$	(11,742	)

Schedule Of Unrealized Losses On Investments

		Less than 12 Months					12 Months or Longer					Total
		Fair		Unrealized		Fair		Unrealized				Fair		Unrealized
September 30, 2012		Value		Losses		Value		Losses				Value		Losses
Obligations of states
and political
subdivisions	$	2,367,365	$	(12,970	)	$	0	$	0		$	2,367,365	$	(12,970	)
Corporate debt
securities		0		0			1,013,480		(3,434	)		1,013,480		(3,434	)
Total fixed income
securities	$	2,367,365	$	(12,970	)	$	1,013,480	$	(3,434	)	$	3,380,845	$	(16,404	)
Equity securities		601,776		(40,879	)		0		0			601,776		(40,879	)
Total temporarily
impaired securities	$	2,969,141	$	(53,849	)	$	1,013,480	$	(3,434	)	$	3,982,621	$	(57,283	)

		Less than 12 Months					12 Months or Longer					Total
		Fair		Unrealized			Fair	Unrealized				Fair		Unrealized
December 31, 2011		Value		Losses			Value	Losses				Value		Losses
Obligations of states
and political
subdivisions	$	663,666	$	(64	)	$	1,023,180	$	(13,805	)	$	1,686,846	$	(13,869	)
Corporate debt
securities		3,015,769		(148,616	)		0		0			3,015,769		(148,616	)
Total fixed income
securities	$	3,679,435	$	(148,680	)	$	1,023,180	$	(13,805	)	$	4,702,615	$	(162,485	)
Equity securities		957,072		(40,893	)		104,130		(930	)		1,061,202		(41,823	)
Total temporarily
impaired securities	$	4,636,507	$	(189,573	)	$	1,127,310	$	(14,735	)	$	5,763,817	$	(204,308	)