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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Fixed maturities    
Held to maturity, at amortized cost $ 298,310,713 $ 307,391,699
Available for sale, at fair value 472,124,900 435,149,784
Equity securities, available for sale, at fair value 33,884,614 30,822,022
Investment in affiliates 39,201,882 39,283,924
Short-term investments, at cost, which approximates fair value 19,165,884 20,293,648
Total investments 862,687,993 832,941,077
Cash 36,902,337 35,578,509
Accrued investment income 5,917,754 5,751,376
Premiums receivable 147,259,636 133,306,961
Reinsurance receivable 259,756,736 253,635,890
Deferred policy acquisition costs 52,844,749 48,298,608
Deferred tax asset, net 18,581,805 17,146,303
Prepaid reinsurance premiums 118,829,535 115,871,783
Property and equipment, net 7,248,538 7,668,340
Federal income taxes recoverable 1,299,938 581,477
Goodwill 5,625,354 5,625,354
Other intangible assets 958,010 958,010
Other 1,532,241 1,290,956
Total assets 1,519,444,626 1,458,654,644
Liabilities    
Unpaid losses and loss expenses 565,174,043 538,258,406
Unearned premiums 436,819,460 408,646,363
Accrued expenses 16,965,298 19,429,627
Reinsurance balances payable 5,182,219 7,841,172
Borrowings under lines of credit 47,500,000 53,500,000
Cash dividends declared   3,467,273
Subordinated debentures 5,000,000 5,000,000
Due to affiliate 1,484,392 2,409,347
Drafts payable 1,193,590 1,950,765
Other 2,981,503 2,017,048
Total liabilities $ 1,082,300,505 $ 1,042,520,001
Stockholders' Equity    
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued    
Additional paid-in capital $ 216,828,293 $ 200,348,783
Accumulated other comprehensive income 1,438,616 5,353,269
Retained earnings 232,592,944 223,253,887
Treasury stock (14,006,357) (13,101,682)
Total stockholders' equity 437,144,121 416,134,643
Total liabilities and stockholders' equity 1,519,444,626 1,458,654,644
Class A Common Stock [Member]    
Stockholders' Equity    
Common stock value 234,133 223,894
Total stockholders' equity 234,133 223,894
Class B Common Stock [Member]    
Stockholders' Equity    
Common stock value 56,492 56,492
Total stockholders' equity $ 56,492 $ 56,492