INVESTMENTS (Details)	3 Months Ended		12 Months Ended
	Dec. 31, 2015 USD ($) Security Loans	Dec. 31, 2014 USD ($) Security	Dec. 31, 2015 USD ($) Security Loans	Dec. 31, 2014 USD ($) Security
Fixed maturities [Abstract]
Original or Amortized Cost	$ 232,602,408	$ 227,910,002	$ 232,602,408	$ 227,910,002
Gross Unrealized Gains	7,331,094	13,020,260	7,331,094	13,020,260
Gross Unrealized Losses	(9,129,065)	(2,452,804)	(9,129,065)	(2,452,804)
Estimated Market Value	230,804,437	238,477,458	230,804,437	238,477,458
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Total Unrealized losses	(9,129,065)	(2,452,804)	(9,129,065)	(2,452,804)
Amortized cost of debt securities, by contractual maturity [Abstract]
Due in one year or less	3,961,534		3,961,534
Due after one year through five years	23,444,519		23,444,519
Due after five years through ten years	64,352,687		64,352,687
Due after ten years	96,888,931		96,888,931
Collateralized mortgage obligation	0		0
Total	188,647,671	188,634,364	188,647,671	188,634,364
Estimated market value of debt securities, by contractual maturity [Abstract]
Due in one year or less	4,000,512		4,000,512
Due after one year through five years	24,343,844		24,343,844
Due after five years through ten years	62,094,221		62,094,221
Due after ten years	94,680,520		94,680,520
Collateralized mortgage obligations	0		0
Available-for-sale Securities, Debt Securities	185,119,097	197,481,456	185,119,097	197,481,456
Amortized cost of investment in fixed maturities rated below investment grade	13,352,934	9,142,063	13,352,934	9,142,063
Trading Securities [Abstract]
Fair value, derivative included in trading security liabilities	0	(23,853)	0	(23,853)
Fair value, derivatives included in trading security assets	(28,609)	6,250	(28,609)	6,250
Increase (Decrease) in Trading Securities [Abstract]
Trading securities, realized gain (loss)			945,128	(722,573)
Trading securities, net unrealized gain (loss)			(515,967)	245,995
Net Realized and Unrealized Gain (Loss) on Trading Securities			429,161	(476,578)
trading transfer to available for sale securities	3,224,000	0	3,224,000	0
Mortgages [Abstract]
Mortgage Loans including Discounted Mortgage Loans	$ 13,774,698	$ 2,348,890	$ 13,774,698	$ 2,348,890
Servicing Fee on Loan Percent			0.25%
Loan Origination Percent			0.50%	0.50%
Commercial loans maximum rate	8.00%	10.00%	8.00%	10.00%
Commercial loans minimum rate	4.00%	3.91%	4.00%	3.91%
Residential loans maximum rate	8.00%	8.00%	8.00%	8.00%
Residential loans minimum rate	3.00%	7.00%	3.00%	7.00%
Loan limit threshold for appraised property value			80.00%
Average purchase price to outstanding loan (in hundredths)			39.00%
Mortgage loans reserve	$ 0	$ 0	$ 0	$ 0
Discounted mortgage loan portfolio payment performance [Abstract]
Number of discounted loans with no payments | Loans	8		8
Number of discounted loans one time payment received | Loans	1		1
Number of discounted loans irregular payments received | Loans	2		2
Number of discounted loans periodic payments received | Loans	7		7
Number of discounted loans | Loans	18		18
Discounted loans with no payments	$ 0		$ 0
Discounted loans with one time payment received	0		0
Discounted loans with irregular payments received	20,834		20,834
Discounted loans with periodic payments received	5,347,215		5,347,215
Discounted loans	5,368,049		5,368,049
Discounted mortgage loan holdings [Abstract]
In good standing	14,701,228	14,443,455	14,701,228	14,443,455
Overdue interest over 90 days	20,834	3,130,290	20,834	3,130,290
Restructured			126,118	1,104,972
In process of foreclosure	2,921,750	4,483,265	2,921,750	4,483,265
Total discounted mortgage loans	17,769,930	23,161,982	17,769,930	23,161,982
Total foreclosed discounted mortgage loans			0	56,576
NET INVESTMENT INCOME [Abstract]
Investment Income			(3,663,086)	(8,774,758)
Investment Income, Investment Expense			19,223,021	25,124,477
Consolidated Net Investment Income	15,559,935	16,349,719	15,559,935	16,349,719
Gain (Loss) on Investments [Line Items]
Gross realized gains			8,277,840
Gross Realized (Losses)			(3,851,247)
Total realized investment gains (losses), net			4,426,593
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Other than Temporary Impairment Losses, Investments, Total			3,570,601	162,905
Fair value of investments on deposit with state insurance departments	8,932,241	10,635,716	8,932,241	10,635,716
Fixed Maturity Available for Sale [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			8,559,938	8,225,640
Equity Securities [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			1,708,786	3,255,611
Trading Securities [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			(429,161)	(476,578)
Mortgage Loans [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			5,700,492	4,592,853
Discounted Mortgage Loans [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			0	0
Real Estate [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			1,474,726	8,355,153
Policy Loans [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			720,544	760,715
Short-term Investments [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			699,357	70,578
Cash and Cash Equivalents [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			681	505
Notes Receivable [Member]
NET INVESTMENT INCOME [Abstract]
Investment Income			787,658	340,000
U.S. Government and Government Agencies and Authorities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	20,336,681	23,036,161	20,336,681	23,036,161
Gross Unrealized Gains	1,441,890	1,970,791	1,441,890	1,970,791
Gross Unrealized Losses	(32,083)	(50,184)	(32,083)	(50,184)
Estimated Market Value	21,746,488	24,956,768	21,746,488	24,956,768
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	4,966,210	0	4,966,210	0
Less than 12 months, Unrealized losses	(32,083)	0	(32,083)	0
Twelve months or longer, Fair value	0	4,947,265	0	4,947,265
Twelve months or longer, Unrealized losses	0	(50,184)	0	(50,184)
Total Fair value	4,966,210	4,947,265	4,966,210	4,947,265
Total Unrealized losses	(32,083)	(50,184)	(32,083)	(50,184)
States, Municipalities and Political Subdivisions [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	0	95,000	0	95,000
Gross Unrealized Gains	0	2,385	0	2,385
Gross Unrealized Losses	0	0	0	0
Estimated Market Value	0	97,385	0	97,385
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Total Unrealized losses	0	0	0	0
Collateralized Mortgage Obligations [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	0	1,005,081	0	1,005,081
Gross Unrealized Gains	0	92,091	0	92,091
Gross Unrealized Losses	0	(6)	0	(6)
Estimated Market Value	0	1,097,166	0	1,097,166
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	0	0	0	0
Less than 12 months, Unrealized losses	0	0	0	0
Twelve months or longer, Fair value	0	1,012	0	1,012
Twelve months or longer, Unrealized losses	0	(6)	0	(6)
Total Fair value	0	1,012	0	1,012
Total Unrealized losses	0	(6)	0	(6)
Public Utilities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	0	399,927	0	399,927
Gross Unrealized Gains	0	55,913	0	55,913
Gross Unrealized Losses	0	0	0	0
Estimated Market Value	0	455,840	0	455,840
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Total Unrealized losses	0	0	0	0
Debt Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	188,647,671	188,634,364	188,647,671	188,634,364
Gross Unrealized Gains	5,211,889	10,759,405	5,211,889	10,759,405
Gross Unrealized Losses	(8,740,463)	(1,912,313)	(8,740,463)	(1,912,313)
Estimated Market Value	185,119,097	197,481,456	185,119,097	197,481,456
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	91,685,077	28,954,477	91,685,077	28,954,477
Less than 12 months, Unrealized losses	(5,289,909)	(416,560)	(5,289,909)	(416,560)
Twelve months or longer, Fair value	19,400,640	9,267,873	19,400,640	9,267,873
Twelve months or longer, Unrealized losses	(3,450,554)	(1,495,753)	(3,450,554)	(1,495,753)
Total Fair value	111,085,717	38,222,350	111,085,717	38,222,350
Total Unrealized losses	$ (8,740,463)	$ (1,912,313)	$ (8,740,463)	$ (1,912,313)
Less than 12 months Number of Securities | Security	40	18	40	18
Twelve months or longer Number of Securities | Security	9	7	9	7
Total Number of Securities | Security	49	25	49	25
Equity Securities [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	$ 43,954,737	$ 39,275,638	$ 43,954,737	$ 39,275,638
Gross Unrealized Gains	2,119,205	2,260,855	2,119,205	2,260,855
Gross Unrealized Losses	(388,602)	(540,491)	(388,602)	(540,491)
Estimated Market Value	45,685,340	40,996,002	45,685,340	40,996,002
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	4,741,132	6,067,132	4,741,132	6,067,132
Less than 12 months, Unrealized losses	(388,602)	(540,491)	(388,602)	(540,491)
Twelve months or longer, Fair value	0	0	0	0
Twelve months or longer, Unrealized losses	0	0	0	0
Total Fair value	4,741,132	6,067,132	4,741,132	6,067,132
Total Unrealized losses	$ (388,602)	$ (540,491)	$ (388,602)	$ (540,491)
Less than 12 months Number of Securities | Security	9	25	9	25
Twelve months or longer Number of Securities | Security	0	0	0	0
Total Number of Securities | Security	9	25	9	25
All Other Corporate Bonds [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	$ 167,173,444	$ 162,960,493	$ 167,173,444	$ 162,960,493
Gross Unrealized Gains	3,762,156	8,624,486	3,762,156	8,624,486
Gross Unrealized Losses	(8,705,830)	(1,659,193)	(8,705,830)	(1,659,193)
Estimated Market Value	162,229,770	169,925,786	162,229,770	169,925,786
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	85,734,097	28,954,477	85,734,097	28,954,477
Less than 12 months, Unrealized losses	(5,255,276)	(416,560)	(5,255,276)	(416,560)
Twelve months or longer, Fair value	19,400,640	3,535,206	19,400,640	3,535,206
Twelve months or longer, Unrealized losses	(3,450,554)	(1,242,633)	(3,450,554)	(1,242,633)
Total Fair value	105,134,737	32,489,683	105,134,737	32,489,683
Total Unrealized losses	(8,705,830)	(1,659,193)	(8,705,830)	(1,659,193)
US Special Revenue and Assessments [Member]
Fixed maturities [Abstract]
Original or Amortized Cost	1,137,546	1,137,702	1,137,546	1,137,702
Gross Unrealized Gains	7,843	13,739	7,843	13,739
Gross Unrealized Losses	(2,550)	(202,930)	(2,550)	(202,930)
Estimated Market Value	1,142,839	948,511	1,142,839	948,511
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, Fair value	984,770	0	984,770	0
Less than 12 months, Unrealized losses	(2,550)	0	(2,550)	0
Twelve months or longer, Fair value	0	784,390	0	784,390
Twelve months or longer, Unrealized losses	0	(202,930)	0	(202,930)
Total Fair value	984,770	784,390	984,770	784,390
Total Unrealized losses	$ (2,550)	$ (202,930)	(2,550)	(202,930)
Fixed Maturity Available for Sale [Member]
Gain (Loss) on Investments [Line Items]
Gross realized gains			1,289,455	2,414,160
Gross Realized (Losses)			(41,215)	(1,135,417)
Total realized investment gains (losses), net			1,248,240	1,278,743
Fixed Maturities Available for Sale - OTTI [Member]
Gain (Loss) on Investments [Line Items]
Gross realized gains			0	0
Gross Realized (Losses)			(54,901)	(126,959)
Total realized investment gains (losses), net			(54,901)	(126,959)
Equity Securities [Member]
Gain (Loss) on Investments [Line Items]
Gross realized gains			48,165	673,821
Gross Realized (Losses)			(238,794)	(14,908)
Total realized investment gains (losses), net			(190,629)	658,913
Preferred stock [Member]
Gain (Loss) on Investments [Line Items]
Gross realized gains			971,662	1,986,303
Gross Realized (Losses)			(637)	0
Total realized investment gains (losses), net			971,025	1,986,303
Equity Securities - OTTI [Member]
Gain (Loss) on Investments [Line Items]
Gross realized gains			0	19,831,735
Gross Realized (Losses)			(3,515,700)	(2,773,562)
Total realized investment gains (losses), net			(3,515,700)	17,058,173
Real Estate [Member]
Gain (Loss) on Investments [Line Items]
Gross realized gains			5,968,558	14,757,451
Gross Realized (Losses)			0	(1,460,332)
Total realized investment gains (losses), net			5,968,558	13,297,119
Mortgage loans [Member]
Gain (Loss) on Investments [Line Items]
Gross realized gains				0
Gross Realized (Losses)				(35,946)
Total realized investment gains (losses), net				(35,946)
Common Stock [Member]
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities			3,515,700	126,959
Real Estate [Member]
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities			$ 54,901	$ 35,946