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Quarterly Financial Data (Unaudited) (Details) - USD ($)
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Net premiums earned                 $ 108,080,629 $ 127,623,442
Ceding commission revenue                 14,202,353 4,650,851
Net investment income                 6,505,603 6,869,346
Net gains on investments                 1,590,616 4,591,019
Total revenues                 131,369,751 145,119,966
Net income (loss)                 $ 972,390 $ (5,966,353)
Basic earnings (loss) per share                 $ 0.09 $ (0.55)
Diluted earnings (loss) per share                 $ 0.09 $ (0.55)
Quarterly Financial Data [Member]                    
Net premiums earned $ 26,981,242 $ 27,521,081 $ 26,636,856 $ 26,941,450 $ 32,606,264 $ 34,220,010 $ 31,201,279 $ 29,595,889 $ 108,080,629 $ 127,623,442
Ceding commission revenue 3,442,266 3,448,774 3,480,214 3,831,099 1,667,891 1,029,582 675,695 1,277,683 14,202,353 4,650,851
Net investment income 1,733,667 1,494,086 1,612,006 1,665,844 1,669,312 1,856,553 1,719,769 1,623,712 6,505,603 6,869,346
Net gains on investments 3,229,290 2,107,876 2,697,868 (6,444,418) 878,839 998,162 678,655 2,035,363 1,590,616 4,591,019
Total revenues 35,604,343 34,822,471 34,689,332 26,253,605 37,208,687 38,447,698 34,615,312 34,848,269 131,369,751 145,119,966
Loss and loss adjustment expenses 17,113,645 20,117,975 12,813,631 16,385,821 18,594,474 24,781,318 17,672,308 29,134,224 66,431,072 90,182,324
Commission expense and other underwriting expenses 14,166,078 14,383,144 14,086,013 14,617,718 14,663,720 14,153,559 12,720,317 12,975,718 57,252,953 54,513,314
Net income (loss) $ 3,036,259 $ (1,227,856) $ 4,608,190 $ (5,444,203) $ 1,454,619 $ (1,725,162) $ 1,639,380 $ (7,335,190) $ 972,390 $ (5,966,353)
Basic earnings (loss) per share $ 0.28 $ (0.12) $ 0.43 $ (0.50) $ 0.13 $ (0.16) $ 0.15 $ (0.68) $ 0.09 $ (0.55)
Diluted earnings (loss) per share $ 0.28 $ (0.12) $ 0.43 $ (0.50) $ 0.13 $ (0.16) $ 0.15 $ (0.68) $ 0.09 $ (0.55)