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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Investments in securities:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2016: $106,764,208; 2015: $102,015,826) $ 113,672,233 $ 106,066,384
Equity securities, available-for-sale, at fair value (cost: 2016: $23,998,522; 2015: $23,855,873) 38,961,905 37,513,464
Short-term investments 2,665,302 6,865,406
Other investments 9,240,525 10,106,828
Total investments 164,539,965 160,552,082
Cash and cash equivalents 22,619,643 21,790,068
Premium and fees receivable 8,027,953 8,392,697
Accrued interest and dividends 1,067,546 1,004,126
Prepaid expenses and other assets 7,709,195 12,634,105
Property, net 7,827,159 7,148,951
Current income taxes recoverable 1,767,406 0
Total Assets 213,558,867 211,522,029
Liabilities:    
Reserves for claims 37,205,000 37,788,000
Accounts payable and accrued liabilities 18,393,997 25,043,588
Current income taxes payable 0 210,355
Deferred income taxes, net 9,772,206 5,703,006
Total liabilities 65,371,203 68,744,949
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; 1,916,216 and 1,949,797 shares issued and outstanding 2016 and 2015, respectively, excluding 291,676 shares for 2016 and 2015 of common stock held by the Company's subsidiary) 1 1
Retained earnings 133,878,480 131,186,866
Accumulated other comprehensive income 14,219,544 11,483,015
Total stockholders’ equity attributable to the Company 148,098,025 142,669,882
Noncontrolling interests 89,639 107,198
Total stockholders' equity 148,187,664 142,777,080
Total Liabilities and Stockholders’ Equity $ 213,558,867 $ 211,522,029