XML 15 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Investments in securities:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2015: $102,015,826; 2014: $104,421,050) $ 106,066,384 $ 109,048,290
Equity securities, available-for-sale, at fair value (cost: 2015: $23,855,873; 2014: $24,128,753) 37,513,464 39,254,981
Short-term investments 6,865,406 2,576,993
Other investments 10,106,828 8,530,929
Total investments 160,552,082 159,411,193
Cash and cash equivalents 21,790,068 15,826,515
Premium and fees receivable 8,392,697 8,544,183
Accrued interest and dividends 1,004,126 1,063,837
Prepaid expenses and other assets 12,634,105 7,732,677
Property, net 7,148,951 5,460,805
Total Assets 211,522,029 198,039,210
Liabilities:    
Reserves for claims 37,788,000 36,677,000
Accounts payable and accrued liabilities 25,043,588 18,290,819
Current income taxes payable 210,355 92,192
Deferred income taxes, net 5,703,006 5,415,493
Total liabilities 68,744,949 60,475,504
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock (1,000,000 authorized shares; no shares issued) 0 0
Common stock – no par value (10,000,000 authorized shares; 1,949,797 and 2,023,270 shares issued and outstanding 2015 and 2014, respectively, excluding 291,676 shares for 2015 and 2014 of common stock held by the Company’s subsidiary) 1 1
Retained earnings 131,186,866 124,707,196
Accumulated other comprehensive income 11,483,015 12,856,509
Total stockholders’ equity attributable to the Company 142,669,882 137,563,706
Noncontrolling interests 107,198 0
Total stockholders’ equity 142,777,080 137,563,706
Total Liabilities and Stockholders’ Equity $ 211,522,029 $ 198,039,210