SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2011

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

16. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

		2011
		1st		2nd			3rd		4th
Premiums & Policy Fees, Net	$	2,951,292	$		2,619,749	$	2,217,318	$	2,358,850
Net Investment Income		6,291,517			5,575,059		(4,055,513)		3,387,102
Total Revenues		11,278,431			8,717,288		(756,558)		15,724,344
Policy Benefits, Including Dividends		4,810,956			4,269,485		5,084,665		4,089,698
Commissions & Amortization of DAC & COI		95,064			88,615		61,190		44,565
Operating Expenses		2,066,337			2,064,465		1,635,300		2,623,679
Operating Income (loss)		4,248,112			2,315,765		(7,637,013)		8,842,082
Net Income (loss) Attributable to Common Shareholders		3,359,965			1,255,936		(4,687,160)		6,387,874
Basic Earnings Per Share Attributable to Common Shareholders		0.88			0.33		(1.23)		1.67
Diluted Earnings Per Share Attributable to Common Shareholders		0.88			0.33		(1.23)		1.67

		2010
		1st		2nd			3rd		4th
Premiums & Policy Fees, Net	$	3,156,767	$		2,429,045	$	2,649,473	$	4,155,308
Net Investment Income		4,322,949			4,875,160		9,659,148		5,989,431
Total Revenues		7,683,648			7,777,912		13,019,273		9,962,524
Policy Benefits, Including Dividends		4,589,416			4,233,116		4,246,015		5,878,435
Commissions & Amortization of DAC & COI		213,809			104,372		2,800		178,900
Operating Expenses		1,971,570			1,848,216		1,927,023		2,284,175
Operating Income (Loss)		812,169			1,507,615		6,766,146		1,575,227
Net Income (Loss) Attributable to Common Shareholders		335,191			1,185,300		4,659,519		1,416,565
Basic Earnings (Loss) Per Share Attributable to Common Shareholders		0.09			0.31		1.20		0.36
Diluted Earnings (Loss) Per Share Attributable to Common Shareholders		0.09			0.31		1.20		0.36