XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.23.3

Fair Value of Financial Instruments and Real Estate | 9 Months Ended
--- | ---
Sep. 30, 2023
Fair Value of Financial Instruments and Real Estate |
Fair Value of Financial Instruments and Real Estate | Note 5 - Fair Value of Financial Instruments and Real Estate The estimated fair values of the Company’s financial instruments and real estate, including their fair value level as of September 30, 2023 and December 31, 2022 are as follows:
|  | September 30, 2023 |  |  | December 31, 2022 |
|  | Carrying Value |  |  | Fair Value |  |  | Carrying Value |  |  | Fair Value |
Fixed-maturity securities-held-to maturity, Level 1 |  | $ | 7,053,825 |  |  | $ | 5,699,498 |  |  | $ | 7,766,140 |  |  | $ | 6,600,388 |
Cash and cash equivalents, Level 1 |  | $ | 15,132,969 |  |  | $ | 15,132,969 |  |  | $ | 11,958,228 |  |  | $ | 11,958,228 |
Premiums receivable, net, Level 1 |  | $ | 13,326,369 |  |  | $ | 13,326,369 |  |  | $ | 13,880,504 |  |  | $ | 13,880,504 |
Reinsurance receivables, net, Level 3 |  | $ | 84,257,926 |  |  | $ | 84,257,926 |  |  | $ | 66,465,061 |  |  | $ | 66,465,061 |
Real estate, net of accumulated depreciation, Level 3 |  | $ | 2,015,414 |  |  | $ | 2,800,000 |  |  | $ | 2,050,644 |  |  | $ | 2,800,000 |
Reinsurance balances payable, Level 3 |  | $ | 20,263,484 |  |  | $ | 20,263,484 |  |  | $ | 13,061,966 |  |  | $ | 13,061,966 |

X
- Definition The entire disclosure for financial instruments. This disclosure includes, but is not limited to, fair value measurements of short and long term marketable securities, international currencies forward contracts, and auction rate securities. Financial instruments may include hedging and non-hedging currency exchange instruments, derivatives, securitizations and securities available for sale at fair value. Also included are investment results, realized and unrealized gains and losses as well as impairments and risk management disclosures. + References No definition available. + Details
Name: | us-gaap_FinancialInstrumentsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FinancialInstrumentsOwnedAtFairValueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration