XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Jun. 30, 2012
Dec. 31, 2011
Investments in securities    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2012: $82,085,108; 2011: $78,783,968) $ 88,611,642 $ 85,407,365
Equity securities, available-for-sale, at fair value (cost: 2012: $19,690,734; 2011: $17,652,745) 25,961,611 22,549,975
Short-term investments 8,420,944 14,112,262
Other investments 5,596,960 3,631,714
Total investments 128,591,157 125,701,316
Cash and cash equivalents 17,457,651 18,042,258
Premium and fees receivable (less allowance for doubtful accounts: 2012: $1,699,000; 2011: $1,218,000) 8,607,352 6,810,000
Accrued interest and dividends 1,136,981 1,108,156
Prepaid expenses and other assets 4,457,909 2,743,517
Property, net 3,473,408 3,553,216
Current income taxes, net 372,426  
Total Assets 164,096,884 157,958,463
Liabilities:    
Reserves for claims 37,547,000 37,996,000
Accounts payable and accrued liabilities 12,799,616 12,330,383
Current income taxes payable   640,533
Deferred income taxes, net 1,879,537 479,363
Total liabilities 52,226,153 51,446,279
Commitments and Contingencies      
Redeemable Noncontrolling Interest 469,463  
Stockholders' Equity:    
Common stock - no par value (shares authorized 10,000,000; 2,099,309 and 2,107,681 shares issued and outstanding 2012 and 2011, respectively, excluding 291,676 shares for 2012 and 2011 of common stock held by the Company's subsidiary) 1 1
Retained earnings 103,053,451 99,003,018
Accumulated other comprehensive income 8,347,816 7,509,165
Total stockholders' equity 111,401,268 106,512,184
Total Liabilities and Stockholders' Equity 164,096,884 157,958,463
Class A Junior Participating Preferred Stock [Member]
    
Stockholders' Equity:    
Class A Junior Participating preferred stock (shares authorized 100,000; no shares issued)