Statement of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:
Net income attributable to common shareholders	$ 9,265,631	$ 6,316,615
Proceeds from (Payments for) Trading Securities	(2,462,205)	3,714,513
Amortization (accretion) of investments	(998,853)	(3,964,398)
Realized investment gains, net	(14,305,312)	(11,562,629)
Unrealized trading gains included in income	352,761	1,604,757
Amortization of deferred policy acquisition costs	62,048	68,692
Amortization of cost of insurance acquired	1,145,501	1,231,015
Depreciation	1,242,149	1,412,661
Net income attributable to noncontrolling interest	681,805	186,669
Charges for mortality and administration of universal life and annuity products	(7,067,717)	(7,353,389)
Interest credited to account balances	5,192,370	5,152,218
Change in accrued investment income (loss)	(1,308,049)	472,684
Change in reinsurance receivables	3,756,502	2,757,683
Change in policy liabilities and accruals	(4,987,472)	(5,037,087)
Change in income taxes receivable (payable)	2,082,289	(4,535,859)
Change in other assets and liabilities, net	(3,292,668)	(951,349)
Net cash provided by (used in) operating activities	(10,641,220)	(10,487,204)
Cash flows from investing activities:
Fixed maturities available for sale	98,640,115	173,221,329
Equity securities available for sale	1,953,434	3,572,456
Trading securities	15,299,053	29,733,306
Mortgage loans	7,546,798	3,139,903
Discounted mortgage loans	6,533,313	15,032,186
Real estate	16,411,306	29,621,068
Policy loans	3,678,795	4,299,197
Total proceeds from investments sold and matured	150,062,814	258,619,445
Cost of investments acquired:
Fixed maturities available for sale	(128,314,307)	(128,598,767)
Equity securities available for sale	(13,834,829)	(727,258)
Trading securities	(16,597,713)	(19,626,789)
Mortgage loans	(15,945,433)	(1,235)
Discounted mortgage loans	(6,299,298)	(11,122,151)
Real estate	(15,829,535)	(15,842,681)
Policy loans	(2,958,138)	(3,635,407)
Payments for (Proceeds from) Other Investing Activities	(6,268,320)	0
Total cost of investments acquired	(206,047,573)	(179,554,288)
Sale/Purchase of property and equipment	17,440	(214,475)
Net cash used in investing activities	(55,967,319)	78,850,682
Cash flows from financing activities:
Policyholder contract deposits	6,006,858	6,213,174
Policyholder contract withdrawals	(6,644,674)	(5,851,344)
Proceeds from notes payable/line of credit	16,321,035	7,943,000
Payments of principal on notes payable/line of credit	(6,994,726)	(8,783,594)
Purchase of treasury stock	(928,902)	(475,547)
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax, Total	0	164,327
Distributions to minority interests of consolidated subsidiaries	(3,236,187)	(3,131,271)
Cash received in reinsurance recapture	2,480,706	0
Net cash provided by (used in) financing activities	7,004,110	(3,921,255)
Net increase (decrease) in cash and cash equivalents	(59,604,429)	64,442,223
Cash and cash equivalents at beginning of period	82,925,675	18,483,452
Cash and cash equivalents at end of period	$ 23,321,246	$ 82,925,675