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20. Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
    2019  
    March 31,     June 30,     September 30,     December 31,     Total  
                               
 Net premiums earned   $ 29,595,889     $ 31,201,279     $ 34,220,010     $ 32,606,264     $ 127,623,442  
 Ceding commission revenue     1,277,683       675,695       1,029,582       1,667,891       4,650,851  
 Net investment income     1,623,712       1,719,769       1,856,553       1,669,312       6,869,346  
 Net gains on investments     2,035,363       678,655       998,162       878,839       4,591,019  
 Total revenues     34,898,548       34,605,370       38,600,003       37,459,099       145,563,020  
 Loss and loss adjustment expenses     29,134,224       17,672,308       24,781,318       18,594,474       90,182,324  
 Commission expense and                                        
 other underwriting expenses     12,989,407       12,715,622       14,210,078       14,698,276       54,613,383  
 Net income (loss)     (7,335,190 )     1,639,380       (1,725,162 )     1,454,619       (5,966,353 )
 Basic earnings (loss) per share   $ (0.68 )   $ 0.15     $ (0.16 )   $ 0.13     $ (0.55 )
 Diluted earnings (loss) per share   $ (0.68 )   $ 0.15     $ (0.16 )   $ 0.13     $ (0.55 )

 

    2018  
    March 31,     June 30,     September 30,     December 31,     Total  
                               
 Net premiums earned   $ 22,837,617     $ 24,104,614     $ 27,533,907     $ 28,938,577     $ 103,414,715  
 Ceding commission revenue     1,695,158       1,691,168       1,044,529       901,775       5,332,630  
 Net investment income     1,383,989       1,556,866       1,602,371       1,643,022       6,186,248  
 Net realized gain (loss) on investments     (523,127 )     (106,733 )     352,025       (2,218,022 )     (2,495,857 )
 Total revenues     25,701,870       27,546,186       30,885,909       29,637,933       113,771,898  
 Loss and loss adjustment expenses     17,266,330       11,176,085       13,296,708       16,556,082       58,295,205  
 Commission expense and                                        
 other underwriting expenses     10,831,451       11,093,175       11,788,002       12,572,851       46,285,479  
 Net income     (2,717,934 )     2,757,297       3,933,730       (879,847 )     3,093,246  
 Basic earnings per share   $ (0.28 )   $ 0.26     $ 0.37     $ (0.08 )   $ 0.29  
 Diluted earnings per share   $ (0.28 )   $ 0.25     $ 0.36     $ (0.08 )   $ 0.29