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Investments In Securities (Tables) | 9 Months Ended
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Sep. 30, 2013
Investments, Debt and Equity Securities [Abstract] |
Schedule Of Gross Unrealized Gains And Losses And Amortized Cost For Securities | The aggregate estimated fair value, gross unrealized holding gains, gross unrealized holding losses and cost or amortized cost for securities by major security type are as follows:
As of September 30, 2013 | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Fixed maturities, available-for-sale, at fair value- |  |  |  |  |  |  |
General obligations of U.S. states, territories and political subdivisions | $ | 37,441,654 |  |  | $ | 2,159,279 |  |  | $ | 168,826 |  |  | $ | 39,432,107 |
Special revenue obligations of U.S. states, territories and political subdivisions | 26,462,356 |  |  | 1,396,079 |  |  | 104,564 |  |  | 27,753,871 |
Corporate debt securities | 17,254,805 |  |  | 812,949 |  |  | 81,434 |  |  | 17,986,320 |
Auction rate securities | 919,053 |  |  | 9,147 |  |  | — |  |  | 928,200 |
Total | $ | 82,077,868 |  |  | $ | 4,377,454 |  |  | $ | 354,824 |  |  | $ | 86,100,498 |
Equity securities, available-for-sale at fair value- |  |  |  |  |  |  |  |  |  |  |
Common stocks and nonredeemable preferred stocks | $ | 22,307,440 |  |  | $ | 11,421,927 |  |  | $ | 268,395 |  |  | $ | 33,460,972 |
Total | $ | 22,307,440 |  |  | $ | 11,421,927 |  |  | $ | 268,395 |  |  | $ | 33,460,972 |
Short-term investments- |  |  |  |  |  |  |  |  |  |  |
Certificates of deposit and other | $ | 15,388,647 |  |  | $ | — |  |  | $ | — |  |  | 15,388,647 |
Total | $ | 15,388,647 |  |  | $ | — |  |  | $ | — |  |  | $ | 15,388,647 |
As of December 31, 2012 | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Fixed maturities, available-for-sale, at fair value- |  |  |  |  |  |  |
General obligations of U.S. states, territories and political subdivisions | $ | 38,658,463 |  |  | $ | 3,211,445 |  |  | $ | — |  |  | $ | 41,869,908 |
Special revenue obligations of U.S. states, territories and political subdivisions | 18,933,299 |  |  | 1,909,106 |  |  | 10,455 |  |  | 20,831,950 |
Corporate debt securities | 17,064,697 |  |  | 1,252,973 |  |  | 14,750 |  |  | 18,302,920 |
Auction rate securities | 917,214 |  |  | 14,986 |  |  | — |  |  | 932,200 |
Total | $ | 75,573,673 |  |  | $ | 6,388,510 |  |  | $ | 25,205 |  |  | $ | 81,936,978 |
Equity securities, available-for-sale at fair value- |  |  |  |  |  |  |  |  |  |  |
Common stocks and nonredeemable preferred stocks | $ | 21,229,114 |  |  | $ | 7,373,056 |  |  | $ | 91,237 |  |  | $ | 28,510,933 |
Total | $ | 21,229,114 |  |  | $ | 7,373,056 |  |  | $ | 91,237 |  |  | $ | 28,510,933 |
Short-term investments- |  |  |  |  |  |  |  |  |  |  |
Certificates of deposit and other | $ | 13,567,648 |  |  | $ | — |  |  | $ | — |  |  | $ | 13,567,648 |
Total | $ | 13,567,648 |  |  | $ | — |  |  | $ | — |  |  | $ | 13,567,648 |
Schedule Of Fixed Maturity Securities | The scheduled maturities of fixed maturity securities at September 30, 2013 were as follows:
| Available-for-Sale
| Amortized Cost |  | Fair Value
Due in one year or less | $ | 9,485,479 |  |  | $ | 9,662,557 |
Due after one year through five years | 49,733,901 |  |  | 52,819,225 |
Due five years through ten years | 15,008,510 |  |  | 15,418,411 |
Due after ten years | 7,849,978 |  |  | 8,200,305 |
Total | $ | 82,077,868 |  |  | $ | 86,100,498 |
Schedule Of Gross Realized Gains And Losses On Securities | Realized gains and losses on investments for the nine months ended September 30 are summarized as follows:
| 2013 |  | 2012
Gross realized gains: |  |  |  |  |
General obligations of U.S. states, territories and political subdivisions | $ | — |  |  | $ | 250 |
Corporate debt securities | — |  |  | 2,612 |
Common stocks and nonredeemable preferred stocks | 365,922 |  |  | 199,977 |
Auction rate securities | — |  |  | 118,336 |
Total | $ | 365,922 |  |  | $ | 321,175 |
Gross realized losses: |  |  |  |  |
Common stocks and nonredeemable preferred stocks | $ | (21,106 | ) |  | $ | (91,975 | )
Other than temporary impairment of securities | — |  |  | (76,539 | )
Total | $ | (21,106 | ) |  | $ | (168,514 | )
Net realized gain from securities | $ | 344,816 |  |  | $ | 152,661 |
Net realized gains (losses) on other investments: |  |  |
Impairments of other investments | $ | (34,070 | ) |  | $ | — |
Gain on other investments | 25,308 |  |  | 205,158 |
Loss on other investments | (2,500 | ) |  | — |
Total | $ | (11,262 | ) |  | $ | 205,158 |
Net Realized Gain | $ | 333,554 |  |  | $ | 357,819 |
Schedule Of Unrealized Losses On Investments | The following table presents the gross unrealized losses on investment securities and the fair value of the securities, aggregated by investment category and length of time that individual securities have been in a continuous loss position at September 30, 2013 and December 31, 2012.
| Less than 12 Months |  | 12 Months or Longer |  | Total
As of September 30, 2013 | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
General obligations of U.S. states, territories and political subdivisions | $ | 959,189 |  |  | $ | (168,826 | ) |  | $ | — |  |  | $ | — |  |  | $ | 959,189 |  |  | $ | (168,826 | )
Special revenue obligations of U.S. states territories and political subdivisions | 2,818,460 |  |  | (104,564 | ) |  | — |  |  | — |  |  | 2,818,460 |  |  | (104,564 | )
Corporate | 4,473,175 |  |  | (81,434 | ) |  | — |  |  | — |  |  | 4,473,175 |  |  | (81,434 | )
Total fixed income securities | $ | 8,250,824 |  |  | $ | (354,824 | ) |  | $ | — |  |  | $ | — |  |  | $ | 8,250,824 |  |  | $ | (354,824 | )
Equity securities | $ | 1,751,137 |  |  | $ | (230,029 | ) |  | $ | 200,746 |  |  | $ | (38,366 | ) |  | $ | 1,951,883 |  |  | $ | (268,395 | )
Total temporarily impaired securities | $ | 10,001,961 |  |  | $ | (584,853 | ) |  | $ | 200,746 |  |  | $ | (38,366 | ) |  | $ | 10,202,707 |  |  | $ | (623,219 | )
| Less than 12 Months |  | 12 Months or Longer |  | Total
As of December 31, 2012 | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
General obligations of U.S. states, territories and political subdivisions | $ | 1,236,906 |  |  | $ | (10,455 | ) |  | $ | — |  |  | $ | — |  |  | $ | 1,236,906 |  |  | $ | (10,455 | )
Corporate debt securities | 985,250 |  |  | (14,750 | ) |  | — |  |  | — |  |  | 985,250 |  |  | (14,750 | )
Total fixed income securities | $ | 2,222,156 |  |  | $ | (25,205 | ) |  | $ | — |  |  | $ | — |  |  | $ | 2,222,156 |  |  | $ | (25,205 | )
Equity securities | $ | 2,551,215 |  |  | $ | (91,237 | ) |  | $ | — |  |  | $ | — |  |  | $ | 2,551,215 |  |  | $ | (91,237 | )
Total temporarily impaired securities | $ | 4,773,371 |  |  | $ | (116,442 | ) |  | $ | — |  |  | $ | — |  |  | $ | 4,773,371 |  |  | $ | (116,442 | )

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