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Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Investments in securities:    
Fixed maturities, available-for-sale, at fair value (amortized cost: September 30, 2017: $97,840,656; December 31, 2016: $100,162,357) $ 100,730,446 $ 101,934,077
Equity securities, available-for-sale, at fair value (amortized cost: September 30, 2017: $25,927,969; December 31, 2016: $24,836,032) 45,116,461 41,179,259
Short-term investments 20,692,763 6,558,840
Other investments 11,514,780 11,181,531
Total investments 178,054,450 160,853,707
Cash and cash equivalents 30,890,785 27,928,472
Premium and fees receivable 10,260,167 8,654,161
Accrued interest and dividends 1,323,598 1,035,152
Prepaid expenses and other assets 9,211,784 9,456,523
Property, net 10,029,847 8,753,466
Goodwill and other intangible assets 11,785,945 12,256,641
Current income taxes receivable 1,641,144 0
Total Assets 253,197,720 228,938,122
Liabilities:    
Reserves for claims 35,207,000 35,305,000
Accounts payable and accrued liabilities 31,462,305 26,146,480
Current income taxes payable 0 1,232,432
Deferred income taxes, net 14,397,180 11,118,256
Total liabilities 81,066,485 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; 1,887,026 and 1,884,283 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively, excluding in each period 291,676 shares of common stock held by the Company) 1 1
Retained earnings 157,675,541 143,283,621
Accumulated other comprehensive income 14,375,694 11,761,447
Total stockholders’ equity attributable to the Company 172,051,236 155,045,069
Noncontrolling interests 79,999 90,885
Total stockholders' equity 172,131,235 155,135,954
Total Liabilities and Stockholders’ Equity $ 253,197,720 $ 228,938,122