INVESTMENTS (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011
Fixed maturities [Abstract]
Original or Amortized Cost	$ 209,861,911		$ 209,861,911		$ 123,714,443
Gross Unrealized Gains	17,351,330		17,351,330		20,003,796
Gross Unrealized Losses	(2,224,387)		(2,224,387)		(1,835,434)
Estimated Market Value	224,988,854		224,988,854		141,882,805
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses	(285,215)		(285,215)
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Mortgage Loans OTTI	0	0	0	262,067
Unrealized Loss	(448,936)	(2,769,974)	(281,685)	(1,412,630)
Carrying Value	29,015,941		29,015,941		17,299,628
Amortized cost and estimated market value of debt securities, by contractual maturity [Abstract]
Due in one year or less	4,791,764		4,791,764
Due after one year through five years	28,447,947		28,447,947
Due after five years through ten years	128,112,307		128,112,307
Due after ten years	31,820,452		31,820,452
Collateralized mortgage obligation	2,800,443		2,800,443
Total	195,972,913		195,972,913
Amortized cost and estimated value of debt securities, by contractual maturity [Abstract]
Due in one year or less	4,526,032		4,526,032
Due after one year through five years	26,233,409		26,233,409
Due after five years through ten years	118,010,160		118,010,160
Due after ten years	30,304,436		30,304,436
Collateralized mortgage obligations	2,596,651		2,596,651
Total	181,670,688		181,670,688
Trading Securities [Abstract]
Fair value, trading securities included in assets	13,914,699		13,914,699		8,519,064
Fair value, trading securities included in liabilities	(10,223,976)		(10,223,976)		(5,471,475)
Derivatives [Abstract]
Fair value, derivatives included in trading security assets	10,293,812		10,293,812		3,217,420
Fair value, derivative included in trading security liabilities	(8,714,017)		(8,714,017)		(4,187,885)
Gain (Loss) on Derivative Instruments Held for Trading Purposes, Net	1,110,965	(4,350,117)	3,004,278	(993,168)
Unrealized gain on derivatives	662,029	(7,120,091)	2,722,593	(2,405,798)
Unrealized Loss	(448,936)	(2,769,974)	(281,685)	(1,412,630)
Mortgages [Abstract]
Number of Mortgage Loans including Discounted Mortgage Loans	75		75		101
Mortgage Loans including Discounted Mortgage Loans	49,325,138		49,325,138		36,740,839
Discounted mortgage loans on real estate at cost	26,672,841		26,672,841		27,467,920
Average purchase price to outstanding loan (in hundredths)			36.20%
U.S. Government and Government Agencies and Authorities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	2,162,068		2,162,068
Gross Unrealized Gains	177,494		177,494
Gross Unrealized Losses	(13,420)		(13,420)
Estimated Market Value	2,326,142		2,326,142
US Government Agencies Debt Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses	0		0
Twelve months or longer, Fair value	986,580		986,580
Twelve months or longer, Unrealized losses	(13,420)		(13,420)
Total Fair value	986,580		986,580
Total Unrealized losses	(13,420)		(13,420)
Less than 12 months, Fair value	0		0
States, Municipalities and Political Subdivisions [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	185,000		185,000		235,000
Gross Unrealized Gains	8,181		8,181		6,317
Gross Unrealized Losses	0		0		0
Estimated Market Value	193,181		193,181		241,317
Collateralized Mortgage Obligations [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	2,596,651		2,596,651		750,944
Gross Unrealized Gains	203,792		203,792		11,756
Gross Unrealized Losses	0		0		(2,973)
Estimated Market Value	2,800,443		2,800,443		759,727
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses					(36)
Twelve months or longer, Fair value					97,868
Twelve months or longer, Unrealized losses					(2,937)
Total Fair value					104,876
Total Unrealized losses					(2,973)
Less than 12 months, Fair value					7,008
Public Utilities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	399,896		399,896		399,887
Gross Unrealized Gains	68,686		68,686		62,188
Gross Unrealized Losses	0		0		0
Estimated Market Value	468,582		468,582		462,075
Debt Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	181,670,688		181,670,688		107,514,400
Gross Unrealized Gains	16,207,007		16,207,007		18,787,510
Gross Unrealized Losses	(1,904,782)		(1,904,782)		(1,718,733)
Estimated Market Value	195,972,913		195,972,913		124,583,177
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses					(17,610)
Less than 12 months Number of Securities	3		3		5
Twelve months or longer, Fair value	1,331,662		1,331,662		1,366,451
Twelve months or longer, Unrealized losses	(1,619,567)		(1,619,567)		(1,701,123)
Twelve months or longer Number of Securities	4		4		6
Total Fair value	9,833,524		9,833,524		5,288,852
Total Unrealized losses	(1,904,782)		(1,904,782)		(1,718,733)
Total Number of Securities	7		7		11
Less than 12 months, Fair value	8,501,862		8,501,862		3,922,401
Equity Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	28,191,223		28,191,223		16,200,043
Gross Unrealized Gains	1,144,323		1,144,323		1,216,286
Gross Unrealized Losses	(319,605)		(319,605)		(116,701)
Estimated Market Value	29,015,941		29,015,941		17,299,628
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses	(208,209)		(208,209)		(55,141)
Less than 12 months Number of Securities	10		10		2
Twelve months or longer, Fair value	952,604		952,604		292,441
Twelve months or longer, Unrealized losses	(111,396)		(111,396)		(61,560)
Twelve months or longer Number of Securities	1		1		1
Total Fair value	10,489,546		10,489,546		1,140,473
Total Unrealized losses	(319,605)		(319,605)		(116,701)
Total Number of Securities	11		11		3
Less than 12 months, Fair value	9,536,942		9,536,942		848,032
All Other Corporate Bonds [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	137,427,013		137,427,013		49,334,206
Gross Unrealized Gains	10,111,709		10,111,709		4,901,684
Gross Unrealized Losses	(1,891,362)		(1,891,362)		(1,715,760)
Estimated Market Value	145,647,360		145,647,360		52,520,130
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Unrealized losses	(285,215)		(285,215)		(17,574)
Twelve months or longer, Fair value	345,082		345,082		1,268,583
Twelve months or longer, Unrealized losses	(1,606,147)		(1,606,147)		(1,698,186)
Total Fair value	8,846,944		8,846,944		5,183,976
Total Unrealized losses	(1,891,362)		(1,891,362)		(1,715,760)
Less than 12 months, Fair value	8,501,862		8,501,862		3,915,393
US Treasury and Government [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	38,900,060		38,900,060		56,794,363
Gross Unrealized Gains	5,637,145		5,637,145		13,805,565
Gross Unrealized Losses	0		0		0
Estimated Market Value	$ 44,537,205		$ 44,537,205		$ 70,599,928