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Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Investments available for sale:    
Fixed maturities, amortized cost $ 159,587,426 $ 159,912,511
Equity securities, cost 0 35,712,633 [1]
Equity securities, cost $ 44,408,225 $ 0
Shareholders' equity:    
Common stock, par value (in dollars per share) $ 0 $ 0
Common stock, stated value (in dollars per share) $ 0.001 $ 0.001
Common stock, authorized (in shares) 7,000,000 7,000,000
Common stock, outstanding (in shares) 3,295,589 3,333,377
[1] Effective January 1, 2018, the Company adopted ASU No. 2016-01 and equity securities are no longer classified as available-for-sale. Prior periods have not been restated to conform to the current presentation. See Note 2 to the Condensed Consolidated Financial Statements for additional information.