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Consolidated Statements Of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net income $ 25,700,570 $ 19,515,452 $ 12,549,053
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation 1,434,771 1,306,643 1,105,839
Amortization of investments, net 788,390 772,100 728,510
Amortization of other intangible assets 916,684 213,795 0
Amortization related to postretirement benefits obligation 8,612 8,941 7,904
Share-based compensation expense related to stock appreciation rights and options 219,315 132,098 137,762
Net gain on disposals of property (22,499) (12,439) (24,867)
Net realized (gain) loss on securities (1,201,854) (738,731) 32,222
Net realized gains on other investments (21,714) (29,705) (149,128)
Net realized loss on impairments of other assets and other investments 182,667 0 233,069
Net earnings from other investments (1,672,790) (1,750,485) (2,002,276)
Provision for claims 3,311,080 242,953 4,478,494
(Benefit) provision for deferred income taxes (4,664,000) 2,790,000 1,015,000
Changes in assets and liabilities:      
(Increase) decrease in receivables (1,505,358) (261,464) 217,594
Decrease (increase) in other assets 388,113 2,631,205 (4,879,418)
Increase in current income taxes recoverable (385,109) 0 0
Increase (decrease) in accounts payable and accrued liabilities 1,463,814 (581,518) 6,689,204
(Decrease) increase in current income taxes payable (1,232,432) 1,054,370 145,038
Payments of claims, net of recoveries (3,815,080) (2,725,953) (3,367,494)
Net cash (used in) provided by operating activities 19,893,180 22,567,262 16,916,506
Investing Activities      
Purchases of available-for-sale securities (23,066,396) (19,424,849) (20,164,353)
Purchases of short-term securities (26,413,954) (1,775,239) (4,593,240)
Purchases of other investments (1,873,398) (2,743,413) (3,717,978)
Investment in subsidiary 0 (9,141) (72,600)
Proceeds from sales and maturities of available-for-sale securities 22,126,726 20,258,089 22,151,408
Proceeds from sales and maturities of short-term securities 9,227,942 2,081,805 304,827
Proceeds from sales and distributions of other investments 2,695,670 3,437,999 3,911,286
Proceeds from sales of other assets 21,714 17,601 149,128
Purchase of subsidiary, net of cash (175,000) (8,316,155) 0
Purchases of property, equipment and software (2,882,732) (2,456,951) (2,742,619)
Proceeds from disposals of property 51,022 91,656 75,060
Net cash used in investing activities (20,288,406) (8,838,598) (4,699,081)
Financing Activities      
Repurchases of common stock (244,831) (6,219,670) (5,483,953)
Exercise of stock appreciation rights and options (737) (200) 54,988
Proceeds from note payable 0 6,000,000 0
Payments on note payable 0 (6,000,000) 0
Subsidiary return of capital 0 0 (35,000)
Dividends paid (7,073,210) (1,370,390) (789,907)
Net cash used in financing activities (7,318,778) (7,590,260) (6,253,872)
Net (Decrease) Increase in Cash and Cash Equivalents (7,714,004) 6,138,404 5,963,553
Cash and Cash Equivalents, Beginning of Period 27,928,472 21,790,068 15,826,515
Cash and Cash Equivalents, End of Period 20,214,468 27,928,472 21,790,068
Cash Paid During the Year for:      
Income tax payments, net 11,538,800 5,068,400 4,658,000
Non cash net unrealized (gain) loss on investments, net of deferred tax (provision) benefit of $(2,144,901), $(133,892) and $708,564 for December 31, 2017, 2016 and 2015, respectively (4,131,735) (272,906) 1,336,756
Adjustments to postretirement benefits obligation, net of deferred tax (provision) benefit of $(23,676), $192 and $21,612 for December 31, 2017, 2016 and 2015, respectively (45,958) 374 41,954
Changes in Financial Statement Amounts Related to Purchase of Subsidiaries, Net of Cash Received      
Goodwill and other intangibles acquired 237,000 (11,249,851) 0
Title plant acquired (in prepaid expenses and other assets) 0 (690,000) 0
Fixed assets acquired 0 (533,424) 0
Prepaid and other assets acquired 0 (15,233) 0
Accounts payable and accrued liabilities assumed 62,000 1,683,844 0
Deferred income taxes 0 2,488,509 0
Purchase of subsidiary, net of cash received $ (175,000) $ (8,316,155) $ 0