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Income Statement - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenues:    
Premiums and policy fees $ 11,164,857 $ 11,667,248
Reinsurance premiums and policy fees (3,090,503) (3,126,914)
Net investment income 15,559,935 16,349,719
Other income 707,069 1,676,602
Revenues before realized gains (losses) 24,341,358 26,566,655
Realized investment gains (losses), net:    
Other-than-temporary impairments (3,570,601) (162,905)
Other realized investment gains, net 7,997,194 17,221,078
Total realized investment gains, net 4,426,593 17,058,173
Total revenues 28,767,951 43,624,828
Benefits, claims and settlement expenses:    
Life 20,245,920 21,404,297
Reinsurance benefits and claims (2,919,064) (2,855,202)
Annuity 996,485 597,792
Dividends to policyholders 446,567 479,158
Commissions and amortization of deferred policy acquisition costs (168,533) 432,695
Amortization of cost of insurance acquired 907,605 985,650
Operating expenses 8,916,771 10,776,690
Interest expense 68,876 677,079
Total benefits and other expenses 28,494,627 32,498,159
Income before income taxes 273,324 11,126,669
Income tax expense 932,715 (1,082,927)
Net income 1,206,039 10,043,742
Net income attributable to noncontrolling interest (289,419) (3,067,726)
Net income attributable to common shareholders' $ 916,620 $ 6,976,016
Amounts attributable to common shareholders':    
Basic income per share (in dollars per share) $ 0.25 $ 1.86
Diluted income per share (in dollars per share) $ 0.25 $ 1.86
Basic weighted average shares outstanding (in shares) 3,704,322 3,750,239
Diluted weighted average shares outstanding (in shares) 3,704,322 3,750,239