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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Fixed maturities    
Held to maturity, at amortized cost (fair value $405,038,296 and $380,450,428) $ 402,798,518 $ 366,655,077
Available for sale, at fair value (amortized cost $535,112,451 and $538,414,337) 526,558,304 538,946,050
Equity securities, at fair value 43,667,009 50,445,243
Investment in Donegal Financial Services Corporation 41,025,975 38,773,420
Short-term investments, at cost, which approximates fair value 16,748,760 11,049,915
Total investments 1,030,798,566 1,005,869,705
Cash 52,594,461 37,833,435
Accrued investment income 6,561,199 6,553,121
Premiums receivable 156,702,250 160,406,432
Reinsurance receivable 343,369,065 298,342,563
Deferred policy acquisition costs 60,615,127 60,289,860
Deferred tax asset, net 13,069,755 7,128,843
Prepaid reinsurance premiums 135,379,777 135,032,641
Property and equipment, net 4,690,704 7,280,415
Accounts receivable - securities 261,829 180,525
Federal income taxes recoverable 19,032,604 10,935,105
Goodwill 5,625,354 5,625,354
Other intangible assets 958,010 958,010
Other 2,419,566 1,483,769
Total assets 1,832,078,267 1,737,919,778
Liabilities    
Losses and loss expenses 814,665,224 676,671,727
Unearned premiums 506,528,606 503,456,541
Accrued expenses 25,442,146 28,033,776
Reinsurance balances payable 3,882,193 4,116,159
Borrowings under lines of credit 60,000,000 59,000,000
Cash dividends declared to stockholders 3,948,484 3,841,820
Subordinated debentures 5,000,000 5,000,000
Accounts payable - securities 1,003,810  
Due to affiliate 10,874,540 7,314,368
Other 1,863,363 1,789,283
Total liabilities 1,433,208,366 1,289,223,674
Stockholders' Equity    
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued
Additional paid-in capital 261,258,423 255,401,558
Accumulated other comprehensive loss (14,228,059) (2,684,275)
Retained earnings 192,751,208 236,893,041
Treasury stock, at cost (41,226,357) (41,226,357)
Total stockholders' equity 398,869,901 448,696,104
Total liabilities and stockholders' equity 1,832,078,267 1,737,919,778
Class A Common Stock [Member]    
Stockholders' Equity    
Common stock value 258,194 255,645
Total stockholders' equity 258,194 255,645
Class B Common Stock [Member]    
Stockholders' Equity    
Common stock value 56,492 56,492
Total stockholders' equity $ 56,492 $ 56,492