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Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
Investments in securities:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2013: $71,437,653; 2012: $75,573,673) $ 77,498,573 $ 81,936,978
Equity securities, available-for-sale, at fair value (cost: 2013: $20,842,586; 2012: $21,229,114) 30,809,436 28,510,933
Short-term investments 19,839,497 13,567,648
Other investments 6,941,042 6,763,100
Total investments 135,088,548 130,778,659
Cash and cash equivalents 20,501,601 20,810,018
Premium and fees receivable (less allowance for doubtful accounts: 2013: $1,998,297; 2012: $1,902,581) 9,404,229 11,037,714
Accrued interest and dividends 882,517 1,037,447
Prepaid expenses and other assets 4,521,774 4,651,115
Property, net 3,737,380 3,603,323
Total Assets 174,136,049 171,918,276
Liabilities:    
Reserves for claims 38,308,000 39,078,000
Accounts payable and accrued liabilities 12,929,995 15,477,545
Current income taxes payable 374,766 1,336,824
Deferred income taxes, net 2,516,444 893,156
Total liabilities 54,129,205 56,785,525
Commitments and Contingencies      
Redeemable Noncontrolling Interest 503,549 493,861
Stockholders' Equity:    
Preferred stock (1,000,000 authorized shares; no shares issued) 0 0
Common stock - no par value (10,000,000 authorized shares; 2,045,968 and 2,043,359 shares issued and outstanding 2013 and 2012, respectively, excluding 291,676 shares for 2013 and 2012 of common stock held by the Company's subsidiary) 1 1
Retained earnings 109,125,314 105,820,459
Accumulated other comprehensive income 10,377,980 8,818,430
Total stockholders' equity 119,503,295 114,638,890
Total Liabilities and Stockholders' Equity $ 174,136,049 $ 171,918,276