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Income Taxes (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income tax expense (benefit) [Abstract]    
Current tax $ 1,698,995 $ 1,922,542
Deferred tax 1,892,306 1,984,994
Income tax expense $ 3,591,301 $ 3,907,536
Income tax expense (benefit) reconciliation [Abstract]    
United States statutory rate 21.00% 21.00%
Tax computed at statutory rate $ 4,239,316 $ 3,466,644
Changes in taxes due to: [Abstract]    
Non-controlling interest (68,280) (43,927)
Dividend received deduction (175,866) (170,690)
Other (403,869) 655,509
Income tax expense 3,591,301 3,907,536
Deferred tax liability [Abstract]    
Investments 10,983,955 6,939,758
Cost of insurance acquired 1,017,727 1,180,668
Management/consulting fees (9,147) (15,724)
Future policy benefits (460,923) (1,670,814)
Deferred gain on sale of subsidiary 1,387,490 1,387,490
Other assets (liabilities) 197,876 65,573
Reserves adjustment 288,320 1,426,205
Federal tax DAC (182,694) (199,676)
Deferred tax liability 13,222,604 9,113,480
Gross deferred tax assets 1,359,230 2,723,053
Gross deferred tax liabilities 14,581,834 11,836,533
Valuation allowance 0 0
DTA - AMT tax carryforward 0 $ 43,717
Income Tax Uncertainties [Abstract]    
Interest or penalties $ 0  
Tax Year 2016 [Member]    
Income Tax Uncertainties [Abstract]    
Tax years remaining subject to examination 2016  
Tax Year 2017 [Member]    
Income Tax Uncertainties [Abstract]    
Tax years remaining subject to examination 2017  
Tax Year 2018 [Member]    
Income Tax Uncertainties [Abstract]    
Tax years remaining subject to examination 2018  
Tax Year 2019 [Member]    
Income Tax Uncertainties [Abstract]    
Tax years remaining subject to examination 2019