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9. Income Taxes (Tables) | 9 Months Ended
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Sep. 30, 2019
Income Tax Disclosure [Abstract] |
Schedule of deferrred tax assets and liabilities |
|  | September 30, |  |  | December 31, |
|  | 2019 |  |  | 2018 |
Deferred tax asset: |  |  |  |  |  |
Net operating loss carryovers (1) |  | $ | 2,418,344 |  |  | $ | 90,438 |
Claims reserve discount |  |  | 526,114 |  |  |  | 343,905 |
Unearned premium |  |  | 3,735,054 |  |  |  | 3,145,682 |
Deferred ceding commission revenue |  |  | 384,063 |  |  |  | 564,202 |
Other |  |  | 680,204 |  |  |  | 383,733 |
Total deferred tax assets |  |  | 7,743,779 |  |  |  | 4,527,960 |
Deferred tax liability: |  |  |  |  |  |  |  |
Investment in KICO (2) |  |  | 759,543 |  |  |  | 759,543 |
Deferred acquisition costs |  |  | 4,303,229 |  |  |  | 3,760,625 |
Intangibles |  |  | 105,000 |  |  |  | 140,700 |
Depreciation and amortization |  |  | 515,487 |  |  |  | 664,194 |
Net unrealized gains (losses) of securities - available for sale |  |  | 1,520,225 |  |  |  | (1,151,335 | )
Total deferred tax liabilities |  |  | 7,203,484 |  |  |  | 4,173,727 |
Net deferred income tax asset |  | $ | 540,295 |  |  | $ | 354,233 |
Losses subject to annual limitation |
|  | September 30, |  |  | December 31, |  |  |  |
Type of NOL |  | 2019 |  |  | 2018 |  |  | Expiration |
Federal only, current year |  | $ | 2,347,962 |  |  | $ | - |  |  |  | None |
Amount subject to Annual Limitation, federal only |  |  | - |  |  |  | 2,100 |  |  | December 31, 2019 |
Total federal only |  |  | 2,347,962 |  |  |  | 2,100 |  |  |  |  |
State only (A) |  |  | 1,454,929 |  |  |  | 1,305,365 |  |  | December 31, 2039 |
Valuation allowance |  |  | (1,384,547 | ) |  |  | (1,217,027 | ) |  |  |  |
State only, net of valuation allowance |  |  | 70,382 |  |  |  | 88,338 |  |  |  |  |
Total deferred tax asset from net operating loss carryovers |  | $ | 2,418,344 |  |  | $ | 90,438 |  |  |  |  |

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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