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Fair Value of Financial Instruments and Real Estate (Tables)

3 Months Ended

Mar. 31, 2024

	March 31, 2024				December 31, 2023
	Carrying Value		Fair Value		Carrying Value		Fair Value

Fixed-maturity securities held-to- maturity, Level 1	$	7,051,252	$	6,043,911	$	7,052,541	$	6,106,148
Fixed-maturity securities available-for-sale, Level 1	$	110,398,994	$	104,350,834	$	111,909,412	$	91,046,936
Fixed-maturity securities available-for-sale, Level 2	$	66,945,701	$	56,896,236	$	67,513,136	$	57,873,861
Cash and cash equivalents, Level 1	$	3,199,300	$	3,199,300	$	8,976,998	$	8,976,998
Premiums receivable, net, Level 1	$	13,902,797	$	13,902,797	$	13,604,808	$	13,604,808
Reinsurance receivables, net, Level 3	$	70,723,937	$	70,723,937	$	75,593,912	$	75,593,912
Real estate, net of accumulated depreciation, Level 3	$	1,978,542	$	3,540,000	$	1,992,529	$	3,540,000
Reinsurance balances payable, Level 3	$	19,392,748	$	19,392,748	$	12,837,140	$	12,837,140