Consolidated Balance Sheets - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Fixed maturities
Held to maturity, at amortized cost	$ 352,296,461	$ 336,100,948
Available for sale, at fair value	511,168,645	515,074,940
Equity securities, available for sale, at fair value	48,601,168	47,087,842
Investment in affiliate	38,185,567	37,884,918
Short-term investments, at cost, which approximates fair value	10,268,346	9,371,007
Total investments	960,520,187	945,519,655
Cash	33,656,118	24,587,214
Accrued investment income	6,874,945	6,295,513
Premiums receivable	169,303,479	159,389,667
Reinsurance receivable	269,803,538	263,028,008
Deferred policy acquisition costs	58,364,189	56,309,196
Deferred tax asset, net	18,271,703	19,043,413
Prepaid reinsurance premiums	131,682,455	124,255,495
Property and equipment, net	6,723,077	6,668,489
Federal income taxes receivable	172,547	1,108,250
Due from affiliate		9,204,910
Goodwill	5,625,354	5,625,354
Other intangible assets	958,010	958,010
Other	1,237,625	1,137,863
Total assets	1,663,193,227	1,623,131,037
Liabilities
Unpaid losses and loss expenses	620,849,300	606,664,590
Unearned premiums	488,826,868	466,055,228
Accrued expenses	19,070,841	28,246,691
Reinsurance balances payable	5,875,627	4,369,528
Borrowings under lines of credit	69,000,000	69,000,000
Cash dividends declared to stockholders		3,622,821
Subordinated debentures	5,000,000	5,000,000
Accounts payable - securities	3,143,068
Due to affiliate	2,937,840
Other	1,778,777	1,556,859
Total liabilities	1,216,482,321	1,184,515,717
Stockholders' Equity
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued
Additional paid-in capital	239,690,421	236,851,709
Accumulated other comprehensive loss	(1,907,492)	(2,254,271)
Retained earnings	249,851,673	244,942,913
Treasury stock, at cost	(41,226,357)	(41,226,357)
Total stockholders' equity	446,710,906	438,615,320
Total liabilities and stockholders' equity	1,663,193,227	1,623,131,037
Class A Common Stock [Member]
Stockholders' Equity
Common stock value	246,169	244,834
Total stockholders' equity	246,169	244,834
Class B Common Stock [Member]
Stockholders' Equity
Common stock value	56,492	56,492
Total stockholders' equity	$ 56,492	$ 56,492