Statement of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net loss attributable to common shareholders	$ 2,503,755	$ (1,528,316)
Adjustments to reconcile net loss to net cash used in operating activities
Amortization (accretion) of investments	(3,119,078)	(536,311)
Realized investment gains, net	(2,903,906)	(277,424)
Unrealized trading (gains) losses included in income	947,630	(260,651)
Realized trading (gains) losses included in income	(387,750)	0
Amortization of deferred policy acquisition costs	0	12,914
Amortization of cost of insurance acquired	226,901	246,412
Depreciation	200,450	318,708
Net income attributable to noncontrolling interest	235,838	122,954
Charges for mortality and administration of universal life and annuity products	(1,665,654)	(1,689,689)
Interest credited to account balances	1,385,988	1,419,880
Change in accrued investment income	72,527	217,824
Change in reinsurance receivables	(95,660)	468,671
Change in policy liabilities and accruals	(589,949)	(1,207,644)
Change in income taxes receivable (payable)	(2,013,216)	2,406
Change in other assets and liabilities, net	(1,412,184)	566,693
Net cash used in operating activities	(6,614,308)	(2,123,573)
Proceeds from investments sold and matured:
Fixed maturities available for sale	3,009,394	10,868,969
Equity securities available for sale	1,141,660	167,504
Trading securities	16,893	75,134
Mortgage loans	1,634,379	626,528
Discounted mortgage loans	4,459,218	2,087,795
Real estate	9,230,904	521,361
Policy loans	686,113	886,346
Short term investment	228,503	0
Total proceeds from investments sold and matured	20,407,064	15,233,637
Cost of investments acquired:
Fixed maturities available for sale	(3,557,854)	(8,813,706)
Equity securities available for sale	(2,432,839)	0
Trading securities	0	(257,730)
Mortgage loans	0	(107,681)
Discounted mortgage loans	(9,638)	(5,638)
Real estate	(6,828,846)	(1,150,682)
Policy loans	(487,040)	(663,488)
Short-term investments	(16,579)	(184,800)
Total cost of investments acquired	(13,332,796)	(11,183,725)
Net cash provided by investing activities	7,074,268	4,049,912
Cash flows from financing activities:
Policyholder contract deposits	1,459,335	1,489,219
Policyholder contract withdrawals	(1,389,465)	(1,615,210)
Purchase of treasury stock	150,513	(78,003)
Non-controlling distributions of consolidated subsidiary	(498,889)	0
Sale of block of business	0	(3,045,574)
Net cash provided by (used in) financing activities	(278,506)	(3,249,568)
Net increase (decrease) in cash and cash equivalents	181,454	(1,323,229)
Cash and cash equivalents at beginning of period	13,977,443	19,838,618
Cash and cash equivalents at end of period	$ 14,158,897	$ 18,515,389