FAIR VALUE MEASUREMENTS (Details) (USD $)	9 Months Ended
	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2011	Dec. 31, 2010
Assets [Abstract]
Fixed Maturities, available for sale	$ 195,972,913	$ 124,583,177
Equity Securities, available for sale	29,015,941	17,299,628
Trading Securities	13,914,699	8,519,064
Total Financial Assets	238,903,553	150,401,869
Liabilities [Abstract]
Trading Securities	8,714,017	4,187,885
Policy loan interest rate, minimum (in hundredths)	4.00%
Policy loan interest rate, maximum (in hundredths)	8.00%
Assets [Abstract]
Fixed maturities available for sale	195,972,913	124,583,177
Trading securities	13,914,699	8,519,064
Discounted mortgage loans	26,672,841	27,467,920
Investment real estate	63,485,418	62,701,375
Cash and cash equivalents	21,195,290	82,925,675	31,625,598	18,483,452
Liabilities [Abstract]
Trading securities	8,714,017	4,187,885
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	10,170,685
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	129,770
Purchases	10,122,285
Ending Balance	20,422,740
Fixed Maturities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	215,317
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	50,775
Purchases	0
Ending Balance	266,092
Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	9,955,368
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	78,995
Purchases	10,122,285
Ending Balance	20,156,648
Carrying Amount [Member]
Assets [Abstract]
Mortgage loans on real estate	22,652,297	9,272,919
Discounted mortgage loans	26,672,841	27,467,920
Investment real estate	63,485,418	62,701,375
Policy Loans	12,737,798	13,312,229
Cash and cash equivalents	21,195,290	82,925,675
Liabilities [Abstract]
Notes payable	8,115,439	9,531,645
Estimated Fair Value [Member]
Assets [Abstract]
Mortgage loans on real estate	26,660,697	9,116,148
Discounted mortgage loans	26,672,841	27,467,920
Investment real estate	63,485,418	62,701,375
Policy Loans	12,737,798	13,312,229
Cash and cash equivalents	21,195,290	82,925,675
Liabilities [Abstract]
Notes payable	8,106,760	9,519,300
Level 1 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	26,577,895	59,735,100
Equity Securities, available for sale	0	0
Trading Securities	13,914,699	8,519,064
Total Financial Assets	40,492,594	68,254,164
Liabilities [Abstract]
Trading Securities	10,223,976	5,471,475
Assets [Abstract]
Fixed maturities available for sale	26,577,895	59,735,100
Trading securities	13,914,699	8,519,064
Liabilities [Abstract]
Trading securities	10,223,976	5,471,475
Level 2 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	169,128,926	64,632,760
Equity Securities, available for sale	8,859,293	7,344,260
Trading Securities	0	0
Total Financial Assets	177,988,219	71,977,020
Liabilities [Abstract]
Trading Securities	0	0
Assets [Abstract]
Fixed maturities available for sale	169,128,926	64,632,760
Trading securities	0	0
Liabilities [Abstract]
Trading securities	0	0
Level 3 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	266,092	215,317
Equity Securities, available for sale	20,156,648	9,955,368
Trading Securities	0	0
Total Financial Assets	20,422,740	10,170,685
Liabilities [Abstract]
Trading Securities	0	0
Assets [Abstract]
Fixed maturities available for sale	266,092	215,317
Trading securities	0	0
Liabilities [Abstract]
Trading securities	0	0
Measured on a recurring basis [Member]
Liabilities [Abstract]
Trading Securities	10,223,976	5,471,475
Liabilities [Abstract]
Trading securities	$ 10,223,976	$ 5,471,475