FAIR VALUE MEASUREMENTS (Details) (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
Assets [Abstract]
Fixed Maturities, available for sale	$ 178,464,064	$ 178,464,064	$ 174,409,824
Trading Securities	5,778,454	5,778,454	6,614,111
Liabilities [Abstract]
Trading Securities	158,214	158,214	353,907
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance		32,410,399
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total	1,053,951
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	743,040
Purchases	(3,903,793)
Ending Balance	30,303,597	30,303,597
Assets [Abstract]
Discounted mortgage loans	11,327,643	11,327,643	12,830,735
Investment real estate	79,475,195	79,475,195	83,585,359
Cash and cash equivalents	17,905,873	17,905,873	19,838,618	22,282,466	23,321,246
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	15,027,772	15,027,772	14,454,534
Discounted mortgage loans	11,327,643	11,327,643	12,830,735
Investment real estate	79,475,195	79,475,195	83,585,359
Policy Loans	11,493,320	11,493,320	11,860,960
Cash and cash equivalents	17,905,873	17,905,873	19,838,618
Other Assets, Fair Value Disclosure	4,832,980	4,832,980	0
Liabilities [Abstract]
Notes payable	18,197,534	18,197,534	19,097,534
Estimated Fair Value [Member]
Assets [Abstract]
Mortgage loans on real estate	15,279,440	15,279,440	14,734,756
Discounted mortgage loans	11,327,643	11,327,643	12,830,735
Investment real estate	79,475,195	79,475,195	83,585,359
Policy Loans	11,493,320	11,493,320	11,860,960
Cash and cash equivalents	17,905,873	17,905,873	19,838,618
Other Assets, Fair Value Disclosure	4,832,980	4,832,980	0
Liabilities [Abstract]
Notes payable	18,197,534	18,197,534	19,097,534
Fixed Maturities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance			313,813
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total	82,287
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	74,782
Purchases	(147,543)
Ending Balance	323,339	323,339	313,813
Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance			32,096,586
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input, Realized Gain (Loss), Total	971,664
Total Unrealized Gains (Losses) Included in Other Comprehensive Income	668,258
Purchases	(3,756,250)
Ending Balance	29,980,258	29,980,258	32,096,586
Measured on a recurring basis [Member]
Assets [Abstract]
Fixed Maturities, available for sale	178,464,064	178,464,064	174,409,824
Equity Securities, available for sale	41,683,472	41,683,472	40,514,978
Trading Securities	5,778,454	5,778,454	6,614,111
Total Financial Assets	225,925,990	225,925,990	221,538,913
Liabilities [Abstract]
Trading Securities	162,102	162,102	357,439
Measured on a recurring basis [Member] | Level 1 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	19,415,175	19,415,175	19,407,301
Equity Securities, available for sale	4,813,626	4,813,626	1,643,803
Trading Securities	5,778,454	5,778,454	6,614,111
Total Financial Assets	30,007,255	30,007,255	27,665,215
Liabilities [Abstract]
Trading Securities	162,102	162,102	357,439
Measured on a recurring basis [Member] | Level 2 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	158,725,550	158,725,550	154,688,710
Equity Securities, available for sale	6,889,588	6,889,588	6,774,589
Trading Securities	0	0	0
Total Financial Assets	165,615,138	165,615,138	161,463,299
Liabilities [Abstract]
Trading Securities	0	0	0
Measured on a recurring basis [Member] | Level 3 [Member]
Assets [Abstract]
Fixed Maturities, available for sale	323,339	323,339	313,813
Equity Securities, available for sale	29,980,258	29,980,258	32,096,586
Trading Securities	0	0	0
Total Financial Assets	30,303,597	30,303,597	32,410,399
Liabilities [Abstract]
Trading Securities	$ 0	$ 0	$ 0