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Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Net premiums earned $ 177,283,816 $ 166,809,851 $ 521,454,835 $ 487,227,767
Investment income, net of investment expenses 5,979,834 5,581,238 17,385,103 16,471,630
Net realized investment gains 561,429 1,018,415 4,207,710 2,204,533
Lease income 113,409 163,779 383,183 514,768
Installment payment fees 1,373,892 1,380,024 3,813,663 4,109,550
Equity in earnings of Donegal Financial Services Corporation 403,647 357,956 1,023,212 698,658
Total revenues 185,716,027 175,311,263 548,267,706 511,226,906
Expenses:        
Net losses and loss expenses 114,386,379 111,174,963 356,825,751 309,946,943
Amortization of deferred policy acquisition costs 29,008,000 27,524,000 85,391,000 80,034,000
Other underwriting expenses 31,790,251 28,340,135 88,538,755 81,557,159
Policyholder dividends 1,376,115 1,143,026 3,422,672 2,729,595
Interest 466,262 473,917 1,212,895 1,286,279
Other expenses 176,970 226,183 1,036,223 1,179,660
Total expenses 177,203,977 168,882,224 536,427,296 476,733,636
Income before income tax expense 8,512,050 6,429,039 11,840,410 34,493,270
Income tax expense 1,403,476 1,615,635 1,945,666 9,246,299
Net income $ 7,108,574 $ 4,813,404 $ 9,894,744 $ 25,246,971
Class A Common Stock [Member]        
Earnings per common share:        
Common stock-basic $ 0.27 $ 0.19 $ 0.37 $ 0.98
Common stock-diluted 0.26 0.18 0.36 0.95
Class B Common Stock [Member]        
Earnings per common share:        
Common stock-basic 0.24 0.16 0.33 0.88
Common stock-diluted 0.24 0.16 0.33 0.88
Common stock-basic and diluted $ 0.24 $ 0.16 $ 0.33 $ 0.88