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9. Income Taxes (Tables) | 3 Months Ended
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Mar. 31, 2020
Income Tax Disclosure [Abstract] |
Schedule of deferrred tax assets and liabilities |
| March 31, |  | December 31,
| 2020 |  | 2019
Deferred tax asset: |  |  |
Net operating loss carryovers (1) | $ 70,381 |  | $ 1,586,247
Claims reserve discount | 797,917 |  | 839,959
Unearned premium | 2,945,811 |  | 3,105,344
Deferred ceding commission revenue | 1,456,434 |  | 1,624,434
Other | 272,244 |  | 462,019
Total deferred tax assets | 5,542,787 |  | 7,618,003
Deferred tax liability: |  |  |
Investment in KICO (2) | 759,543 |  | 759,543
Deferred acquisition costs | 4,110,096 |  | 4,333,219
Intangibles | 105,000 |  | 105,000
Depreciation and amortization | 318,895 |  | 312,298
Net unrealized (losses) gains of securities - available-for-sale | (1,098,446) |  | 1,796,891
Total deferred tax liabilities | 4,195,088 |  | 7,306,951
Net deferred income tax asset | $ 1,347,699 |  | $ 311,052
Losses subject to annual limitation |
| March 31, | December 31, |
Type of NOL | 2020 | 2019 | Expiration
Federal only, current year | $ - | $ 1,517,866 | (A)
State only (B) | 1,722,611 | 1,616,568 | December 31, 2040
Valuation allowance | (1,652,230) | (1,548,187) |
State only, net of valuation allowance | 70,381 | 68,381 |
Total deferred tax asset from net operating loss carryovers | $ 70,381 | $ 1,586,247 |

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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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