Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue:
Premiums and policy fees	$ 7,918,235	$ 8,384,604
Ceded reinsurance premiums and policy fees	(2,553,010)	(2,697,382)
Net investment income	14,141,809	20,811,471	[1]
Other income	280,303	350,519
Revenues before net investment gains (losses)	19,787,337	26,849,212
Net investment gains (losses):
Other-than-temporary impairments	0	(5,000,000)
Other realized investment gains, net	9,463,843	14,168,911
Change in fair value of equity securities	(3,830,793)	33,690,712
Total net investment gains	5,633,050	42,859,623
Total revenues	25,420,387	69,708,835
Benefits, claims and settlement expenses:
Life	16,089,474	15,703,526
Ceded reinsurance benefits and claims	(2,882,312)	(2,449,533)
Annuity	1,029,885	1,029,156
Dividends to policyholders	302,685	311,400
Commissions	(102,971)	(116,571)
Amortization of cost of insurance acquired	661,257	688,348
Operating expenses	8,368,135	10,497,302
Interest expense	28,389	108,722
Total benefits and other expenses	23,494,542	25,772,350
Income before income taxes	1,925,845	43,936,485
Income tax expense (benefit)	(144,247)	9,572,139
Net income	2,070,092	34,364,346
Net income attributable to noncontrolling interest	(113,397)	(106,341)
Net income attributable to common shareholders	$ 1,956,695	$ 34,258,005
Amounts attributable to common shareholders:
Basic income per share (in dollars per share)	$ 0.62	$ 10.81
Diluted income per share (in dollars per share)	$ 0.62	$ 10.81
Basic weighted average shares outstanding (in shares)	3,176,757	3,167,719
Diluted weighted average shares outstanding (in shares)	3,176,757	3,167,719

[1] The Company has elected to reclassify certain investments to conform with the presentation for the year ended December 31, 2023. These reclassifications had no impact on previously reported net income.