INVESTMENTS (Details) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Fixed maturities [Abstract]
Original or Amortized Cost	$ 182,065,909		$ 123,714,443
Gross Unrealized Gains	10,259,218		20,003,796
Gross Unrealized Losses	(2,503,292)		(1,835,434)
Estimated Market Value	189,821,835		141,882,805
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Total Fair value	48,166,550		6,429,325
Total Unrealized losses	2,503,292		1,835,434
Total Number of Securities	29		14
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Mortgage Loans OTTI	0	262,067
Amortized cost and estimated market value of debt securities, by contractual maturity [Abstract]
Due in one year or less	0
Due after one year through five years	24,227,580
Due after five years through ten years	91,150,733
Due after ten years	41,510,717
Collateralized mortgage obligation	363,190
Total	157,252,220
Amortized cost and estimated value of debt securities, by contractual maturity [Abstract]
Due in one year or less	0
Due after one year through five years	25,964,171
Due after five years through ten years	94,705,280
Due after ten years	43,057,898
Collateralized mortgage obligations	363,076
Total	164,090,425
Trading Securities [Abstract]
Fair value, trading securities included in assets	13,600,784		8,519,064
Fair value, trading securities included in liabilities	(8,345,575)		(5,471,475)
Trading securities, net unrealized gain (loss)	167,251	1,357,344
Trading securities, realized gain (loss)	1,698,758	1,725,993
Increase (Decrease) in Trading Securities [Abstract]
Net Realized and Unrealized Gain (Loss) on Trading Securities	1,866,009	3,083,337
Derivatives [Abstract]
Fair value, derivatives included in trading security assets	7,726,989		3,217,420
Fair value, derivative included in trading security liabilities	(6,869,725)		(4,187,885)
Mortgages [Abstract]
Number of Mortgage Loans including Discounted Mortgage Loans	87		101
Mortgage Loans including Discounted Mortgage Loans	52,851,202		36,740,839
Discounted mortgage loans on real estate at cost	30,348,107		27,467,920
Average purchase price to outstanding loan (in hundredths)	34.20%
U.S. Government and Government Agencies and Authorities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	25,808,010		56,794,363
Gross Unrealized Gains	3,492,117		13,805,565
Gross Unrealized Losses	0		0
Estimated Market Value	29,300,127		70,599,928
States, Municipalities and Political Subdivisions [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	195,000		235,000
Gross Unrealized Gains	7,952		6,317
Gross Unrealized Losses	0		0
Estimated Market Value	202,952		241,317
Collateralized Mortgage Obligations [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	363,190		750,944
Gross Unrealized Gains	2,485		11,756
Gross Unrealized Losses	(2,599)		(2,973)
Estimated Market Value	363,076		759,727
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses	31		36
Less than 12 months Number of Securities	1		1
Twelve months or longer, Fair value	96,928		97,868
Twelve months or longer, Unrealized losses	2,568		2,937
Twelve months or longer Number of Securities	1		2
Less than 12 months, Fair value	6,201		7,008
Public Utilities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	399,893		399,887
Gross Unrealized Gains	63,098		62,188
Gross Unrealized Losses	0		0
Estimated Market Value	462,991		462,075
Debt Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	157,252,220		107,514,400
Gross Unrealized Gains	9,249,684		18,787,510
Gross Unrealized Losses	(2,411,479)		(1,718,733)
Estimated Market Value	164,090,425		124,583,177
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Total Fair value	43,042,163		5,288,852
Total Unrealized losses	2,411,479		1,718,733
Total Number of Securities	27		11
Equity Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	24,813,689		16,200,043
Gross Unrealized Gains	1,009,534		1,216,286
Gross Unrealized Losses	(91,813)		(116,701)
Estimated Market Value	25,731,410		17,299,628
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses	6,951		55,141
Less than 12 months Number of Securities	1		2
Twelve months or longer, Fair value	449,138		292,441
Twelve months or longer, Unrealized losses	84,862		61,560
Twelve months or longer Number of Securities	1		1
Total Fair value	5,124,387		1,140,473
Total Unrealized losses	91,813		116,701
Total Number of Securities	2		3
Less than 12 months, Fair value	4,675,249		848,032
All Other Corporate Bonds [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	130,486,127		49,334,206
Gross Unrealized Gains	5,684,032		4,901,684
Gross Unrealized Losses	(2,408,880)		(1,715,760)
Estimated Market Value	133,761,279		52,520,130
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses	771,403		17,574
Less than 12 months Number of Securities	21		4
Twelve months or longer, Fair value	1,324,925		1,268,583
Twelve months or longer, Unrealized losses	1,637,477		1,698,186
Twelve months or longer Number of Securities	4		4
Less than 12 months, Fair value	$ 41,614,109		$ 3,915,393