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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Investments in securities:    
Fixed maturities, available-for-sale, at fair value (amortized cost: June 30, 2017: $90,285,225; December 31, 2016: $100,162,357) $ 93,049,522 $ 101,934,077
Equity securities, available-for-sale, at fair value (cost: June 30, 2017: $25,323,290; December 31, 2016: $24,836,032) 43,562,703 41,179,259
Short-term investments 17,845,956 6,558,840
Other investments 11,427,988 11,181,531
Total investments 165,886,169 160,853,707
Cash and cash equivalents 29,068,106 27,928,472
Premium and fees receivable 9,701,506 8,654,161
Accrued interest and dividends 912,316 1,035,152
Prepaid expenses and other assets 9,489,454 9,456,523
Property, net 10,018,368 8,753,466
Goodwill and other intangible assets 11,789,465 12,256,641
Current income taxes receivable 1,088,787 0
Total Assets 237,954,171 228,938,122
Liabilities:    
Reserves for claims 34,141,000 35,305,000
Accounts payable and accrued liabilities 24,322,986 26,146,480
Current income taxes payable 0 1,232,432
Deferred income taxes, net 13,259,875 11,118,256
Total liabilities 71,723,861 73,802,168
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; 1,887,256 and 1,884,283 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively, excluding in each period 291,676 shares of common stock held by the Company's subsidiary) 1 1
Retained earnings 152,482,193 143,283,621
Accumulated other comprehensive income 13,668,275 11,761,447
Total stockholders’ equity attributable to the Company 166,150,469 155,045,069
Noncontrolling interests 79,841 90,885
Total stockholders' equity 166,230,310 155,135,954
Total Liabilities and Stockholders’ Equity $ 237,954,171 $ 228,938,122