FAIR VALUE MEASUREMENTS (Details) (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012	Dec. 31, 2011
Assets [Abstract]
Fixed Maturities, available for sale	$ 174,183,839	$ 174,183,839	$ 187,327,285
Trading Securities	5,786,943	5,786,943	14,018,460
Liabilities [Abstract]
Trading Securities	869,762	869,762	6,050,344
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance		23,237,442
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	15,356
Purchases	7,019,520
Ending Balance	30,272,318	30,272,318
Assets [Abstract]
Discounted mortgage loans	25,043,446	25,043,446	26,336,953
Investment real estate	77,974,348	77,974,348	68,165,013
Cash and cash equivalents	22,282,466	22,282,466	23,321,246	15,649,812	82,925,675
Liabilities [Abstract]
Policy loan interest rate, minimum (in hundredths)		4.00%
Policy loan interest rate, maximum (in hundredths)		8.00%
Carrying Amount [Member]
Assets [Abstract]
Mortgage loans on real estate	10,103,247	10,103,247	17,671,554
Discounted mortgage loans	25,043,446	25,043,446	26,336,953
Investment real estate	77,974,348	77,974,348	68,165,013
Policy Loans	12,059,168	12,059,168	12,591,572
Cash and cash equivalents	22,282,466	22,282,466	23,321,246
Other Assets, Fair Value Disclosure	0	0	6,268,320
Liabilities [Abstract]
Notes payable	18,655,035	18,655,035	18,857,954
Estimated Fair Value [Member]
Assets [Abstract]
Mortgage loans on real estate	10,173,968	10,173,968	17,803,159
Discounted mortgage loans	25,043,446	25,043,446	26,336,953
Investment real estate	77,974,348	77,974,348	68,165,013
Policy Loans	12,059,168	12,059,168	12,591,572
Cash and cash equivalents	22,282,466	22,282,466	23,321,246
Other Assets, Fair Value Disclosure	0	0	6,268,320
Liabilities [Abstract]
Notes payable	18,655,035	18,655,035	18,857,954
Fixed Maturities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance			273,727
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	58,410
Purchases	0
Ending Balance	332,137	332,137	273,727
Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance			22,963,715
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	(43,054)
Purchases	7,019,520
Ending Balance	29,940,181	29,940,181	22,963,715
Measured on a recurring basis [Member]
Assets [Abstract]
Fixed Maturities, available for sale	174,183,839	174,183,839	187,327,285
Equity Securities, available for sale	38,891,173	38,891,173	30,504,914
Trading Securities	5,786,943	5,786,943	14,018,460
Total Financial Assets	218,861,955	218,861,955	231,850,659
Liabilities [Abstract]
Trading Securities	869,761	869,761	7,552,704
Measured on a recurring basis [Member] | Level 1 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	20,405,327	20,405,327	20,993,398
Equity Securities, available for sale	1,600,776	1,600,776	1,448,585
Trading Securities	5,786,943	5,786,943	13,903,148
Total Financial Assets	27,793,046	27,793,046	36,345,131
Liabilities [Abstract]
Trading Securities	869,761	869,761	7,552,704
Measured on a recurring basis [Member] | Level 2 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	153,446,375	153,446,375	166,060,160
Equity Securities, available for sale	7,350,216	7,350,216	6,092,614
Trading Securities	0	0	115,312
Total Financial Assets	160,796,591	160,796,591	172,268,086
Liabilities [Abstract]
Trading Securities	0	0	0
Measured on a recurring basis [Member] | Level 3 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	332,137	332,137	273,727
Equity Securities, available for sale	29,940,181	29,940,181	22,963,715
Trading Securities	0	0	0
Total Financial Assets	30,272,318	30,272,318	23,237,442
Liabilities [Abstract]
Trading Securities	$ 0	$ 0	$ 0