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Fair Value of Financial Instruments and Real Estate (Tables)
 12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Instruments
The estimated fair values of the Company’s financial instruments and real estate as of December 31, 2024 and 2023 are as follows:
 December 31, 2024December 31, 2023
 Carrying ValueFair ValueCarrying ValueFair Value
    
Fixed-maturity securities-held-to maturity, Level 1$7,047,342 $5,959,265 $7,052,541 $6,106,148 
Fixed-maturity securities available-for-sale, Level 1$106,792,378 $106,792,378 $91,046,936 $91,046,936 
Fixed-maturity securities available-for-sale, Level 2$80,101,060 $80,101,060 $57,873,861 $57,873,861 
Cash and cash equivalents, Level 1$28,669,441 $28,669,441 $8,976,998 $8,976,998 
Premiums receivable, net, Level 1$21,766,988 $21,766,988 $13,604,808 $13,604,808 
Reinsurance receivables, net, Level 3$69,322,436 $69,322,436 $75,593,912 $75,593,912 
Real estate, net of accumulated depreciation, Level 3 (1)$1,913,390 $3,540,000 $1,992,529 $3,540,000 
Reinsurance balances payable, Level 3$10,509,121 $10,509,121 $12,837,140 $12,837,140 
Debt - 13.75% Senior Notes due 2026, Level 2
$5,508,000 $5,553,785 $— $— 
Debt - 12.0% Senior Notes due 2024, Level 2
$— $— $18,426,247 $17,812,500 

(1) Real estate consists of a complex which includes an office building, a house and vacant land located in Kingston, New York. See Note 20 - Subsequent Events, Sale of Real Estate.