First Trinity Financial (FTFC) 10-Q 13 Nov 13 2013 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 11, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'First Trinity Financial CORP	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	7,851,984
Amendment Flag	'false	'
Entity Central Index Key	'0001395585	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

Consolidated_Statements_of_Fin

Consolidated Statements of Financial Position (Current Period Unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Assets	'	'
Available-for-sale fixed maturity securities at fair value (amortized cost: $97,805,325 and $91,543,308 as of September 30, 2013 and December 31, 2012, respectively)	$101,683,656	$98,659,797
Available-for-sale equity securities at fair value (cost: $607,931 and $695,846 as of September 30, 2013 and December 31, 2012, respectively)	737,381	843,497
Mortgage loans on real estate	16,024,208	10,435,776
Investment real estate	2,697,071	2,858,765
Policy loans	1,519,371	1,488,035
Other long-term investments	22,294,629	19,560,794
Total investments	144,956,316	133,846,664
Cash and cash equivalents	12,254,639	10,947,474
Accrued investment income	1,448,238	1,417,218
Recoverable from reinsurers	1,319,565	1,188,371
Agents' balances and due premiums	310,758	358,729
Loans from premium financing, net	148,625	261,072
Deferred policy acquisition costs	8,018,223	7,028,820
Value of insurance business acquired	7,187,324	7,508,895
Property and equipment, net	142,678	124,558
Other assets	3,048,704	2,768,516
Total assets	178,835,070	165,450,317
Liabilities and Shareholders' Equity	'	'
Policyholders' account balances	108,794,797	95,043,370
Future policy benefits	32,839,871	31,065,560
Policy claims	814,108	717,521
Other policy liabilities	93,302	139,722
Total policy liabilities	142,542,078	126,966,173
Deferred federal income taxes	2,847,213	3,301,524
Other liabilities	2,116,000	1,460,508
Total liabilities	147,505,291	131,728,205
Shareholders' equity	'	'
Common stock, par value $.01 per share, 20,000,000 shares authorized, and 8,050,193 and 7,974,373 issued as of September 30, 2013 and December 31, 2012, respectively, and 7,851,984 and 7,789,060 outstanding as of September 30, 2013 and December 31, 2012, respectively, and 63,070 subscribed as of December 31, 2012	80,502	80,374
Additional paid-in capital	28,666,748	28,707,648
Treasury stock, at cost (198,209 and 185,313 shares as of September 30, 2013 and December 31, 2012, respectively)	-693,731	-648,595
Accumulated other comprehensive income	3,188,282	5,780,670
Accumulated earnings (deficit)	87,978	-197,985
Total shareholders' equity	31,329,779	33,722,112
Total liabilities and shareholders' equity	$178,835,070	$165,450,317

Consolidated_Statements_of_Fin1

Consolidated Statements of Financial Position (Current Period Unaudited) (Parentheticals) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Available-for-sale fixed maturity securities, amortized cost (in Dollars)	$97,805,325	$91,543,308
Available-for-sale equity securities, cost (in Dollars)	$607,931	$695,846
Common stock, par value (in Dollars per share)	$0.01	$0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	8,050,193	7,974,373
Common stock, shares outstanding	7,851,984	7,789,060
Common stock, subscribed	'	63,070
Treasury stock, shares	198,209	185,313

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues	'	'	'	'
Premiums	$1,930,541	$1,943,647	$5,779,585	$5,806,616
Income from premium financing	36,055	20,591	40,385	97,282
Net investment income	1,826,964	1,565,135	5,242,954	4,303,960
Net realized investment gains	89,799	378,378	366,000	471,189
Other income	7,318	3,544	10,746	15,354
Total revenues	3,890,677	3,911,295	11,439,670	10,694,401
Benefits, Claims and Expenses	'	'	'	'
Increase in future policy benefits	576,056	472,508	1,741,803	1,645,523
Death benefits	847,526	606,062	1,943,220	1,891,630
Surrenders	129,880	156,212	438,856	430,212
Interest credited to policyholders	942,075	873,679	2,737,378	2,505,815
Dividend, endowment and supplementary life contract benefits	69,225	93,576	191,163	274,674
Total benefits and claims	2,564,762	2,202,037	7,052,420	6,747,854
Policy acquisition costs deferred	-274,016	-459,085	-1,426,610	-1,885,010
Amortization of deferred policy acquisition costs	69,372	52,998	453,081	437,537
Amortization of value of insurance business acquired	105,771	92,211	321,571	307,877
Commissions	505,998	545,148	1,558,435	1,835,323
Other underwriting, insurance and acquisition expenses	901,754	940,584	3,021,792	2,754,979
Total expenses	1,308,879	1,171,856	3,928,269	3,450,706
Total benefits, claims and expenses	3,873,641	3,373,893	10,980,689	10,198,560
Income before total federal income tax expense	17,036	537,402	458,981	495,841
Current federal income tax expense (benefit)	-124,016	53,365	-20,768	120,145
Deferred federal income tax expense (benefit)	308,631	11,960	193,786	-44,054
Total federal income tax expense	184,615	65,325	173,018	76,091
Net income (loss)	($167,579)	$472,077	$285,963	$419,750
Net income (loss) per common share basic and diluted (in Dollars per share)	($0.02)	$0.06	$0.04	$0.05

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Net income (loss)	($167,579)		$472,077		$285,963		$419,750
Other comprehensive income (loss)	'		'		'		'
Total net unrealized gains (losses) arising during the period	-881,882		2,868,334		-2,890,359		4,766,190
Less net realized investment gains	89,799	[1]	378,378	[1]	366,000	[1]	471,189	[1]
Net unrealized gains (losses)	-971,681		2,489,956		-3,256,359		4,295,001
Adjustment to deferred acquisition costs	4,193		-5,547		15,874		-13,398
Other comprehensive income before income tax expense (benefit)	-967,488		2,484,409		-3,240,485		4,281,603
Income tax expense (benefit)	-193,495		511,973		-648,097		903,088
Total other comprehensive income (loss)	-773,993		1,972,436		-2,592,388		3,378,515
Total comprehensive income (loss)	($941,572)		$2,444,513		($2,306,425)		$3,798,265
[1]	These items appear within net realized investment gains in the consolidated statement of operations.

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2011	'	'	'	'	$1,542,094	'
Stock dividend	'	'	'	'	-2,841,960	'
Balance at Mar. 31, 2012	'	'	'	'	'	'
Balance at Dec. 31, 2011	73,649	24,086,146	'	2,696,224	1,542,094	28,398,113
Stock dividend	3,789	2,838,171	'	'	-2,841,960	'
Subscriptions of common stock	2,671	1,744,569	'	'	'	1,747,240
Repurchase of common stock	'	'	-485,058	'	'	-485,058
Net income	'	'	'	'	419,750	419,750
Other comprehensive income (loss)	'	'	'	3,378,515	'	3,378,515
Balance at Sep. 30, 2012	80,109	28,668,886	-485,058	6,074,739	-880,116	33,458,560
Balance at Dec. 31, 2012	80,374	28,707,648	-648,595	5,780,670	-197,985	33,722,112
Subscriptions of common stock	128	-40,900	'	'	'	-40,772
Repurchase of common stock	'	'	-45,136	'	'	-45,136
Net income	'	'	'	'	285,963	285,963
Other comprehensive income (loss)	'	'	'	-2,592,388	'	-2,592,388
Balance at Sep. 30, 2013	$80,502	$28,666,748	($693,731)	$3,188,282	$87,978	$31,329,779

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Operating activities	'	'
Net income	$285,963	$419,750
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Provision for depreciation	156,736	165,182
Accretion of discount on investments	-648,823	-116,930
Net realized investment gains	-366,000	-471,189
Gain on sale of fixed asset	'	-2,934
Gain on sale of real estate	-3,047	'
Amortization of policy acquisition cost	453,081	437,537
Policy acquisition cost deferred	-1,426,610	-1,885,010
Mortgage loan origination fees deferred	-112,458	-149,588
Amortization of loan origination fees	34,575	'
Amortization of value of insurance business acquired	321,571	307,877
Provision for deferred federal income tax benefit	193,786	-44,054
Interest credited to policyholders	2,737,378	2,505,815
Change in assets and liabilities:	'	'
Accrued investment income	-31,020	-316,062
Policy loans	-31,336	-1,707
Allowance for mortgage and premium finance loan losses	42,114	5,997
Recoverable from reinsurers	-131,194	-38,269
Agents' balances and due premiums	47,971	7,048
Other assets	-405,651	-427,576
Future policy benefits	1,774,311	1,683,161
Policy claims	96,587	32,407
Other policy liabilities	-46,420	5,224
Other liabilities	655,492	-302,149
Net cash provided by operating activities	3,597,006	1,814,530
Investing activities	'	'
Purchases of fixed maturity securities	-12,111,396	-18,476,679
Maturities of fixed maturity securities	2,441,000	1,378,000
Sales of fixed maturity securities	2,882,457	4,971,785
Purchases of equity securities	-14,504	-504,568
Sales of equity securities	97,965	891,480
Purchases of mortgage loans	-7,371,253	-7,341,848
Payments on mortgage loans	2,137,408	833,373
Purchases of other long-term investments	-4,337,915	-9,573,807
Payments on other long-term investments	2,824,536	1,545,128
Loans made for premiums financed	'	-924,868
Loans repaid for premiums financed	118,371	1,455,667
Sales of real estate	180,000	'
Purchases of real estate	-10,656	'
Sales of furniture and equipment	'	5,000
Purchases of furniture and equipment	-53,995	-1,294
Net cash used in investing activities	-13,217,982	-25,742,631
Financing activities	'	'
Policyholders' account deposits	16,094,089	11,386,515
Policyholders' account withdrawals	-5,080,040	-3,545,191
Purchases of treasury stock	-45,136	-485,058
Proceeds from (used in) public and private stock offerings	-40,772	1,747,240
Net cash provided by financing activities	10,928,141	9,103,506
Increase (decrease) in cash	1,307,165	-14,824,595
Cash and cash equivalents, beginning of period	10,947,474	27,705,711
Cash and cash equivalents, end of period	$12,254,639	$12,881,116

Supplemental_Disclosures_to_Co

Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited)	9 Months Ended
	Sep. 30, 2013
Supplemental Cash Flow Elements [Abstract]	'
Cash Flow, Supplemental Disclosures [Text Block]	'
	First Trinity Financial Corporation and Subsidiaries
	Consolidated Statements of Cash Flows (continued)
	(Unaudited)
	Supplemental Disclosures
	In 2013, the Company foreclosed on a delinquent note receivable and recovered the former home office building of Southern Insurance Services, LLC that was subsequently sold during third quarter 2013. In conjunction with this 2013 transaction, the non-cash impact on investing and finance activities is summarized as follows:
		Nine Months Ended
		30-Sep-13
	Reduction in notes receivable for recovery of investment real estate	$	125,464
	Recognition of investment real estate from foreclosure	$	125,464
	In 2012, the Company issued 378,928 shares in connection with a 5% share dividend payable to the holders of shares of the Company as of March 10, 2012. In conjunction with the 2012 stock dividend, the non-cash impact on investing and financing activities is summarized as follows:
		Nine Months Ended
		30-Sep-12
	Fair value of shares issued in connection with the stock dividend (378,928 shares issued in 2012)	$	2,841,960
	Reduction in accumulated earnings (deficit) due to the stock dividend		(2,841,960	)
	Increase in common stock, par value $.01 due to the stock dividend		3,789
	Increase in additional paid-in-capital due to the stock dividend		2,838,171
	Change in shareholders' equity due to the stock dividend	$	-

Note_1_Organization_and_Signif

Note 1 - Organization and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	1.     Organization and Significant Accounting Policies
	Nature of Operations
	First Trinity Financial Corporation (the “Company”) is the parent holding company of Trinity Life Insurance Company, Family Benefit Life Insurance Company, First Trinity Capital Corporation and Southern Insurance Services, LLC. The Company was incorporated in Oklahoma on April 19, 2004, for the primary purpose of organizing a life insurance subsidiary. The Company raised $1,450,000 from two private placement stock offerings during 2004. On June 22, 2005, the Company’s intrastate public stock offering filed with the Oklahoma Department of Securities for $12,750,000, which included a 10% "over-sale" provision (additional sales of $1,275,000), was declared effective. The offering was completed February 23, 2007. The Company raised $14,025,000 from this offering. On June 29, 2010, the Company commenced a public offering of its common stock registered with the U.S. Securities and Exchange Commission and the Oklahoma Department of Securities. The offering was completed April 30, 2012. The Company raised $11,000,010 from this offering.
	On August 15, 2012, the Company commenced a private placement of its common stock primarily in the states of Kansas, Missouri and South Dakota. The private placement was for 600,000 shares of the Company’s common stock for $8.50 per share. If all shares were sold, the Company would have received $4,335,000 after reduction for estimated offering expenses. This offering was suspended on March 8, 2013 and resulted in gross proceeds of $644,470 from the subscription of 75,820 shares of its common stock and incurred $382,069 in offering costs.
	The Company purchased First Life America Corporation (“FLAC”) on December 23, 2008. On August 31, 2009, two of the Company’s subsidiaries, Trinity Life Insurance Company (“Old TLIC”) and FLAC, were merged, with FLAC being the surviving company. Immediately following the merger, FLAC changed its name to Trinity Life Insurance Company (“TLIC”). After the merger, the Company had two wholly owned subsidiaries, First Trinity Capital Corporation (“FTCC”) and TLIC, domiciled in Oklahoma.
	TLIC is primarily engaged in the business of marketing, underwriting and distributing a broad range of individual life and annuity insurance products to individuals in eight states primarily in the Midwest. TLIC’s current product portfolio consists of a modified premium whole life insurance policy with a flexible premium deferred annuity rider, whole life, term, final expense, accidental death and dismemberment and annuity products. The term products are both renewable and convertible and issued for 10, 15, 20 and 30 years. They can be issued with premiums fully guaranteed for the entire term period or with a limited premium guarantee. The final expense is issued as either a simplified issue or as a graded benefit, determined by underwriting. The products are sold through independent agents in the states of Illinois, Kansas, Kentucky, Nebraska, North Dakota, Ohio, Oklahoma and Texas.
	TLIC purchased Family Benefit Life Insurance Company (“Family Benefit Life”) on December 28, 2011. Family Benefit Life is primarily engaged in the business of marketing, underwriting and distributing a broad range of individual life and annuity insurance products to individuals in sixteen states. Family Benefit Life’s current product portfolio consists of whole life, term, accidental death and dismemberment, annuity, endowment and group life insurance products. The products are sold through independent agents in the states of Arizona, Colorado, Kansas, Missouri, Nebraska, New Mexico and Oklahoma. Family Benefit Life has recently been licensed in Arkansas, Illinois, Indiana, Kentucky, North Dakota, Pennsylvania, South Dakota, Texas and West Virginia.
	FTCC was incorporated in 2006, and began operations in January 2007. FTCC provides financing for casualty insurance premiums for individuals and companies and is licensed to conduct premium financing business in the states of Alabama, Arkansas, Louisiana, Mississippi and Oklahoma. The Company’s management has decided to focus on the Company’s core life and annuity insurance business and discontinue offering premium finance contracts. On May 16, 2012, the Company determined and then announced that FTCC would not accept new premium financing contracts after June 30, 2012. FTCC continued to process payments and service all existing premium financing contracts after June 30, 2012 through the duration that the property and casualty premium financing contracts were in force. The Company virtually completed processing and servicing its premium finance operations on June 30, 2013 subject to minor refunds, minor collections of past due accounts and legal matters. The Company incurred minimal costs related to exiting its premium financing operations since resources were redeployed into its growing life and annuity insurance operations.
	The Company also owns 100% of Southern Insurance Services, LLC, (“SIS”), a limited liability company acquired in 2010, that operated as a property and casualty insurance agency but currently has no operations.
	Basis of Presentation
	The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting primarily of normal recurring accruals) considered necessary for a fair presentation of the results for the interim periods have been included. The results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the results to be expected for the year ended December 31, 2013 or for any other interim period or for any other future year. Certain financial information which is normally included in notes to consolidated financial statements prepared in accordance with U.S. GAAP, but which is not required for interim reporting purposes, has been condensed or omitted. The accompanying consolidated financial statements and notes thereto should be read in conjunction with the financial statements and notes thereto included in the Company's report on Form 10-K for the year ended December 31, 2012.
	Principles of Consolidation
	The consolidated financial statements include the accounts and operations of the Company and its subsidiaries. All intercompany accounts and transactions are eliminated in consolidation.
	Reclassifications
	Certain reclassifications have been made in the prior year and prior quarter financial statements to conform to current year and current quarter classifications. These reclassifications had no effect on previously reported net income or shareholders' equity.
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Although these estimates are based on management’s knowledge of current events and actions it may undertake in the future, they may ultimately differ from actual results.
	Common Stock
	Common stock is fully paid, non-assessable and has a par value of $.01 per share.
	On January 11, 2012, the Company’s Board of Directors approved a 5% share dividend by which shareholders received a share of common stock for each 20 shares of common stock of the Company they held. The dividend was payable to the holders of shares of the Corporation as of March 10, 2012. Fractional shares were rounded to the nearest whole number of shares. The Company issued 378,928 shares in connection with the stock dividend that resulted in accumulated deficit being charged $2,841,960 with an offsetting credit of $2,841,960 to common stock and additional paid-in capital. This stock dividend was a non-cash investing and financing activity.
	Subsequent Events
	Management has evaluated all events subsequent to September 30, 2013 through the date that these financial statements have been issued.
	Recent Accounting Pronouncements
	Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income
	In February 2013, the Financial Accounting Standards Board (“FASB”) issued updated guidance to improve the reporting of reclassifications out of accumulated other comprehensive income. The guidance requires an entity to present, either on the face of the statement of income or in the notes, separately for each component of comprehensive income, the current period reclassifications out of accumulated other comprehensive income by the respective line items of net income affected by the reclassification.
	The updated guidance is effective prospectively for reporting periods beginning after December 15, 2012. The Company adopted the updated guidance effective March 31, 2013, and such adoption did not have any effect on the Company’s results of operations, financial position or liquidity.
	Testing Indefinite-Lived Intangible Assets for Impairment
	In July 2012, the FASB issued updated guidance regarding the impairment test applicable to indefinite-lived intangible assets that is similar to the impairment guidance applicable to goodwill.  Under the updated guidance, an entity may assess qualitative factors (such as changes in management, key personnel, strategy, key technology or customers) that may impact the fair value of the indefinite-lived intangible asset and lead to the determination that it is more likely than not that the fair value of the asset is less than its carrying value.  If an entity determines that it is more likely than not that the fair value of the intangible asset is less than its carrying value, an impairment test must be performed.  The impairment test requires an entity to calculate the estimated fair value of the indefinite-lived intangible asset.  If the carrying value of the indefinite-lived intangible asset exceeds its estimated fair value, an impairment loss is recognized in an amount equal to the excess.
	The updated guidance was effective for the quarter ended March 31, 2013, but early adoption was permitted.  The Company adopted the updated guidance effective December 31, 2012, and such adoption did not have any effect on the Company’s results of operations, financial position or liquidity.

Note_2_Investments

Note 2 - Investments	9 Months Ended
	Sep. 30, 2013
Investments, Debt and Equity Securities [Abstract]	'
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	'
	2.     Investments
	Investments in fixed maturity and equity securities available-for-sale as of September 30, 2013 and December 31, 2012 are summarized as follows:
	September 30, 2013 (unaudited)	Amortized			Gross			Gross			Fair
		Cost			Unrealized			Unrealized			Value
					Gains			Losses
	Fixed maturity securities
	U.S. government	$	3,154,137		$	206,885		$	194,358		$	3,166,664
	States and political subdivisions		260,647			755			8,329			253,073
	Residential mortgage-backed securities		87,567			71,100			-			158,667
	Corporate bonds		89,787,225			4,471,843			898,431			93,360,637
	Foreign bonds		4,515,749			239,297			10,431			4,744,615
	Total fixed maturity securities		97,805,325			4,989,880			1,111,549			101,683,656
	Equity securities	Cost			Gross			Gross			Fair
					Unrealized			Unrealized			Value
					Gains			Losses
	Mutual funds		66,532			20,787			2,100			85,219
	Corporate preferred stock		347,905			21,693			28,845			340,753
	Corporate common stock		193,494			117,915			-			311,409
	Total equity securities		607,931			160,395			30,945			737,381
	Total fixed maturity and equity securities	$	98,413,256		$	5,150,275		$	1,142,494		$	102,421,037
	31-Dec-12	Amortized			Gross			Gross			Fair
		Cost			Unrealized			Unrealized			Value
					Gains			Losses
	Fixed maturity securities
	U.S. government	$	2,577,074		$	256,628		$	5,769		$	2,827,933
	States and political subdivisions		264,854			1,970			4,539			262,285
	Residential mortgage-backed securities		107,229			67,890			-			175,119
	Corporate bonds		84,325,622			6,578,982			83,812			90,820,792
	Foreign bonds		4,268,529			344,630			39,491			4,573,668
	Total fixed maturity securities		91,543,308			7,250,100			133,611			98,659,797
	Equity securities	Cost			Gross			Gross			Fair
					Unrealized			Unrealized			Value
					Gains			Losses
	Mutual funds		162,447			40,795			-			203,242
	Corporate preferred stock		347,905			24,415			-			372,320
	Corporate common stock		185,494			82,441			-			267,935
	Total equity securities		695,846			147,651			-			843,497
	Total fixed maturity and equity securities	$	92,239,154		$	7,397,751		$	133,611		$	99,503,294
	All securities in an unrealized loss position as of the financial statement dates, the estimated fair value, pre-tax gross unrealized loss and number of securities by length of time that those securities have been continuously in an unrealized loss position as of September 30, 2013 and December 31, 2012 are summarized as follows:
	September 30, 2013 (unaudited)	Fair Value			Unrealized			Number of
					Loss			Securities
	Fixed maturity securities
	Less than 12 months
	U.S. government	$	1,235,642		$	194,358			3
	States and political subdivisions		99,599			8,329			1
	Corporate bonds		22,112,633			898,431			134
	Foreign bonds		474,429			10,431			3
	Total fixed maturity securities		23,922,303			1,111,549			141
	Equity securities
	Less than 12 months
	Mutual funds		10,956			2,100			1
	Corporate preferred stock		189,600			28,845			3
	Total equity securities		200,556			30,945			4
	Total fixed maturity and equity securities	$	24,122,859		$	1,142,494			145
	31-Dec-12	Fair Value			Unrealized			Number of
					Loss			Securities
	Fixed maturity securities
	Less than 12 months
	U.S. government	$	594,232		$	5,769			1
	States and political subdivisions		104,243			4,539			1
	Corporate bonds		5,772,021			83,812			28
	Foreign bonds		916,406			39,491			5
	Total fixed maturity securities	$	7,386,902		$	133,611			35
As of September 30, 2013, all of the above fixed maturity securities had a fair value to cost ratio equal to or greater than 79%. As of December 31, 2012, all of the above fixed maturity securities had a fair value to cost ratio equal to or greater than 93%. Fixed maturity securities were 95% investment grade as rated by Standard & Poor’s as of September 30, 2013 and December 31, 2012, respectively.
As of September 30, 2013, all of the above equity securities had a fair value to cost ratio equal to or greater than 79%.
The Company’s decision to record an impairment loss is primarily based on whether the security’s fair value is likely to remain significantly below its book value based on all of the factors considered. Factors that are considered include the length of time the security’s fair value has been below its carrying amount, the severity of the decline in value, the credit worthiness of the issuer, and the coupon and/or dividend payment history of the issuer. The Company also assesses whether it intends to sell or whether it is more likely than not that it may be required to sell the security prior to its recovery in value.
For any fixed maturity securities that are other-than-temporarily impaired, the Company determines the portion of the other-than-temporary impairment that is credit-related and the portion that is related to other factors. The credit-related portion is the difference between the expected future cash flows and the amortized cost basis of the fixed maturity security, and that difference is charged to earnings. The non-credit-related portion representing the remaining difference to fair value is recognized in other comprehensive income (loss). Only in the case of a credit-related impairment where management has the intent to sell the security, or it is more likely than not that it will be required to sell the security before recovery of its cost basis, is a fixed maturity security adjusted to fair value and the resulting losses recognized in realized gains (losses) in the consolidated statements of operations. Any other-than-temporary impairments on equity securities are recorded in the consolidated statements of operations in the periods incurred as the difference between fair value and cost.
Based on management’s review, the Company experienced no other-than-temporary impairments during the three and nine months ended September 30, 2013 and the year ended December 31, 2012. Management believes that the Company will fully recover its cost basis in the securities held as of September 30, 2013, and management does not have the intent to sell nor is it more likely than not that the Company will be required to sell such securities until they recover or mature.  The temporary impairments shown herein are primarily the result of the current interest rate environment rather than credit factors that would imply other-than-temporary impairment.
Net unrealized gains included in other comprehensive income for investments classified as available-for-sale, net of the effect of deferred income taxes and deferred acquisition costs assuming that the appreciation had been realized as of September 30, 2013 and December 31, 2012, are summarized as follows:
	(Unaudited)			31-Dec-12
	30-Sep-13
Unrealized appreciation on available-for-sale securities	$	4,007,781		$	7,264,140
Adjustment to deferred acquisition costs		(22,425	)		(38,299	)
Deferred income taxes		(797,074	)		(1,445,171	)
Net unrealized appreciation on available-for-sale securities	$	3,188,282		$	5,780,670
The amortized cost and fair value of fixed maturity available-for-sale securities and other long-term investments as of September 30, 2013, by contractual maturity, are summarized as follows:
	September 30, 2013 (Unaudited)
	Fixed Maturity						Other Long-Term
	Available-For-Sale Securities						Investments
	Amortized Cost			Fair Value			Amortized Cost			Fair Value
Due in one year or less	$	5,699,048		$	5,811,187		$	3,732,183		$	3,759,565
Due in one year through five years		38,355,712			41,158,032			9,710,802			10,400,168
Due after five years through ten years		41,997,752			43,180,334			6,179,655			7,396,613
Due after ten years		11,665,246			11,375,436			2,671,989			3,749,825
Due at multiple maturity dates		87,567			158,667			-			-
	$	97,805,325		$	101,683,656		$	22,294,629		$	25,306,171
Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
Proceeds and gross realized gains (losses) from the sales, calls and maturities of fixed maturity and equity securities available-for-sale and mortgage loans on real estate for the three and nine months ended September 30, 2013 and 2012 are summarized as follows:
	Three Months Ended September 30, (Unaudited)												Nine Months Ended September 30, (Unaudited)
	Fixed Maturity						Mortgage Loans						Fixed Maturity						Mortgage Loans
	and Equity Securities						on Real Estate						and Equity Securities						on Real Estate
	2013			2012			2013			2012			2013			2012			2013		2012
Proceeds	$	2,377,678		$	3,205,210		$	694,203		$	-		$	5,421,422		$	7,241,265		$	2,134,439	$	-
Gross realized gains		55,425			380,992			40,954			-			115,020			476,614			264,223		-
Gross realized losses		(6,580	)		(2,614	)		-			-			(13,243	)		(5,425	)		-		-
The accumulated change in net unrealized investment gains for fixed maturity and equity securities available-for-sale for the three and nine months ended September 30, 2013 and 2012 and the amount of realized investment gains on fixed maturity securities available-for-sale and mortgage loans on real estate for the three and nine months ended September 30, 2013 and 2012 are summarized as follows:
	Three Months Ended						Nine Months Ended
	September 30, (Unaudited)						September 30, (Unaudited)
	2013			2012			2013			2012
Change in unrealized investment gains:
Available-for-sale securities:
Fixed maturity securities	$	(934,277	)	$	2,465,576		$	(3,238,158	)	$	4,221,883
Equity securities		(37,404	)		24,380			(18,201	)		73,118
Net realized investment gains (losses):
Available-for-sale securities:
Fixed maturity securities		53,300			20,230			106,232			109,725
Equity securities		(4,455	)		358,148			(4,455	)		361,464
Mortgage loans on real estate		40,954			-			264,223			-
Major categories of net investment income for the three and nine months ended September 30, 2013 and 2012 are summarized as follows:
	Three Months Ended						Nine Months Ended
	September 30, (Unaudited)						September 30, (Unaudited)
	2013			2012			2013			2012
Fixed maturity securities	$	1,101,529		$	1,065,560		$	3,294,448		$	3,130,035
Equity securities		10,330			11,077			25,016			39,243
Other long-term investments		404,978			275,496			1,220,456			770,076
Mortgage loans		305,106			213,949			781,273			365,975
Policy loans		25,804			27,785			74,869			76,615
Real estate		90,870			93,684			272,290			280,635
Short-term and other investments		42,700			2,843			70,664			17,471
Gross investment income		1,981,317			1,690,394			5,739,016			4,680,050
Investment expenses		(154,353	)		(125,259	)		(496,062	)		(376,090	)
Net investment income	$	1,826,964		$	1,565,135		$	5,242,954		$	4,303,960
Included in invested assets are securities and other assets having amortized cost values of $3,223,464 and $3,981,060 and fair values of $3,210,405 and $4,219,334 as of September 30, 2013 and December 31, 2012, respectively, which have been placed on deposit with various state insurance departments.

Note_3_Fair_Value_Measurements

Note 3 - Fair Value Measurements	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	3.     Fair Value Measurements
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) on the measurement date.  The Company also considers the impact on fair value of a significant decrease in volume and level of activity for an asset or liability when compared with normal activity.
	The Company holds fixed maturity and equity securities that are measured and reported at fair market value on the statement of financial position. The Company determines the fair market values of its financial instruments based on the fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value, as follows:
	Level 1 - Quoted prices in active markets for identical assets or liabilities. The Company’s Level 1 assets include equity securities that are traded in an active exchange market.
	Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. The Company’s Level 2 assets and liabilities include fixed maturity securities with quoted prices that are traded less frequently than exchange-traded instruments or assets and liabilities whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. This category generally includes U.S. Government and agency mortgage-backed debt securities and corporate debt securities.
	Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company’s Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. This category generally includes certain private equity investments where independent pricing information was not able to be obtained for a significant portion of the underlying assets.
	The Company has categorized its financial instruments, based on the priority of the inputs to the valuation technique, into the three-level fair value hierarchy. If the inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. A review of fair value hierarchy classifications is conducted on a quarterly basis. Changes in the valuation inputs, or their ability to be observed, may result in a reclassification for certain financial assets or liabilities. Reclassifications impacting the fair value hierarchy are reported as transfers in and out of the category as of the beginning of the period in which the reclassifications occur.
	The Company’s fair value hierarchy for those financial instruments measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012 is summarized as follows:
	September 30, 2013 (Unaudited)	Level 1		Level 2			Level 3		Total
	Fixed maturity securities, available-for-sale
	U.S. government	$	-	$	3,166,664		$	-	$	3,166,664
	States and political subdivisions		-		253,073			-		253,073
	Residential mortgage-backed securities		-		158,667			-		158,667
	Corporate bonds		-		93,360,637			-		93,360,637
	Foreign bonds		-		4,744,615			-		4,744,615
	Total fixed maturity securities	$	-	$	101,683,656		$	-	$	101,683,656
	Equity securities, available-for-sale
	Mutual funds	$	-	$	85,219		$	-	$	85,219
	Corporate preferred stock		83,800		256,953			-		340,753
	Corporate common stock		250,909		-			60,500		311,409
	Total equity securities	$	334,709	$	342,172		$	60,500	$	737,381
	31-Dec-12	Level 1		Level 2			Level 3		Total
	Fixed maturity securities, available-for-sale
	U.S. government	$	-	$	2,827,933		$	-	$	2,827,933
	States and political subdivisions		-		262,285			-		262,285
	Residential mortgage-backed securities		-		175,119			-		175,119
	Corporate bonds		-		90,820,792			-		90,820,792
	Foreign bonds		-		4,573,668			-		4,573,668
	Total fixed maturity securities	$	-	$	98,659,797		$	-	$	98,659,797
	Equity securities, available-for-sale
	Mutual funds	$	-	$	203,242		$	-	$	203,242
	Corporate preferred stock		-		372,320			-		372,320
	Corporate common stock		215,435		-			52,500		267,935
	Total equity securities	$	215,435	$	575,562		$	52,500	$	843,497
	As of September 30, 2013, Level 3 financial instruments consisted of three private placement common stocks that have no active trading. During 2013, one private placement common stock was purchased. During 2012, one private placement common stock was sold and another was purchased. These private placement stocks represent investments in small development stage insurance holding companies. The fair value for these securities was determined through the use of unobservable assumptions about market participants. The Company has assumed a willing market participant would purchase the securities for the same price as the Company paid until such time as the development stage company commences operations.
	Fair values for Level 1 and Level 2 assets for the Company’s fixed maturity and equity securities available-for-sale are primarily based on prices supplied by a third party investment service. The third party investment service provides quoted prices in the market which use observable inputs in developing such rates.
	The Company analyzes market valuations received to verify reasonableness and to understand the key assumptions used and the sources. Since the fixed maturity securities owned by the Company do not trade on a daily basis, the third party investment service prepares estimates of fair value measurements using relevant market data, benchmark curves, sector groupings and matrix pricing. As the fair value estimates of the Company’s fixed maturity securities are based on observable market information rather than market quotes, the estimates of fair value on these fixed maturity securities are included in Level 2 of the hierarchy. The Company’s Level 2 investments include obligations of U.S. government agencies, state and political subdivisions, mortgage-backed securities, corporate bonds and foreign bonds.
	The Company’s equity securities are included in Level 1 and Level 2 and the private placement common stocks included in Level 3. Level 1 for those equity securities classified as such is appropriate since they trade on a daily basis, are based on quoted market prices in active markets and are based upon unadjusted prices. Level 2 for those equity securities classified as such is appropriate since they are not actively traded as of September 30, 2013.
	The Company’s fixed maturity and equity securities available-for-sale portfolio is highly liquid and allows for a high percentage of the portfolio to be priced through pricing services.
	The change in the fair value of the Company’s Level 3 equity securities, available-for-sale for the three and nine months ended September 30, 2013 and 2012 is summarized as follows:
		Three Months Ended September 30,					Nine Months Ended September 30,
		2013		2012			2013		2012
	Beginning balance	$	52,500	$	77,500		$	52,500	$	77,500
	Purchases		8,000		-			8,000		-
	Sales		-		(35,000	)		-		(35,000	)
	Ending balance	$	60,500	$	42,500		$	60,500	$	42,500
	Fair Value of Financial Instruments
	The carrying amount and fair value of the Company’s financial assets and financial liabilities disclosed, but not carried, at fair value as of September 30, 2013 and December 31, 2012, and the level within the fair value hierarchy at which such assets and liabilities are measured on a recurring basis are summarized as follows:
	Financial Instruments Disclosed, But Not Carried, at Fair Value:
		September 30, 2013 (Unaudited)
		Carrying		Fair			Level 1		Level 2			Level 3
		Amount		Value
	Financial assets
	Mortgage loans on real estate
	Commercial	$	2,158,860	$	2,218,722		$	-	$	-		$	2,218,722
	Residential		13,865,348		14,156,658			-		-			14,156,658
	Policy loans		1,519,371		1,519,371			-		-			1,519,371
	Other long-term investments		22,294,629		25,306,171			-		-			25,306,171
	Cash and cash equivalents		12,254,639		12,254,639			12,254,639		-			-
	Accrued investment income		1,448,238		1,448,238			-		-			1,448,238
	Loans from premium financing		148,625		148,625			-		-			148,625
	Total financial assets	$	53,689,710	$	57,052,424		$	12,254,639	$	-		$	44,797,785
	Financial liabilities
Policyholders' account balances	$	108,794,797	$	95,395,372		$	-	$	-		$	95,395,372
Policy claims		814,108		814,108			-		-			814,108
Total financial liabilities	$	109,608,905	$	96,209,480		$	-	$	-		$	96,209,480
	31-Dec-12
	Carrying		Fair			Level 1		Level 2			Level 3
	Amount		Value
Financial assets
Mortgage loans on real estate
Commercial	$	2,267,560	$	2,330,004		$	-	$	-		$	2,330,004
Residential		8,168,216		8,177,697			-		-			8,177,697
Policy loans		1,488,035		1,488,035			-		-			1,488,035
Other long-term investments		19,560,794		23,168,994			-		-			23,168,994
Cash and cash equivalents		10,947,474		10,947,474			10,947,474		-			-
Accrued investment income		1,417,218		1,417,218			-		-			1,417,218
Loans from premium financing		261,072		261,072			-		-			261,072
Total financial assets	$	44,110,369	$	47,790,494		$	10,947,474	$	-		$	36,843,020
Financial liabilities
Policyholders' account balances	$	95,043,370	$	91,013,971		$	-	$	-		$	91,013,971
Policy claims		717,521		717,521			-		-			717,521
Total financial liabilities	$	95,760,891	$	91,731,492		$	-	$	-		$	91,731,492
The estimated fair value amounts have been determined using available market information and appropriate valuation methodologies. However, considerable judgment was required to interpret market data to develop these estimates. Accordingly, the estimates are not necessarily indicative of the amounts which could be realized in a current market exchange. The use of different market assumptions or estimation methodologies may have a material effect on the fair value amounts.
The following methods and assumptions were used in estimating the fair value disclosures for financial instruments in the accompanying financial statements and notes thereto:
Fixed Maturity and Equity Securities
The fair value of fixed maturity and equity securities are based on the principles previously discussed as Level 1, Level 2 and Level 3.
Mortgage Loans on Real Estate
The fair values for mortgage loans are estimated using discounted cash flow analyses, using the actual spot rate yield curve in effect at the end of the period, as determined by recent new loan activity.
Cash and Cash Equivalents, Accrued Investment Income and Policy Loans
The carrying value of these financial instruments approximates their fair values. Cash and cash equivalents are included in Level 1 of the fair value hierarchy due to their highly liquid nature.
Other Long-Term Investments
Other long-term investments are comprised of lottery prize receivables and fair value is derived by using a discounted cash flow approach. Projected cash flows are discounted using the average Citigroup Pension Liability Index in effect at the end of each period.
Loans from Premium Financing
The carrying value of loans from premium financing is net of unearned interest and any estimated loan losses and approximates fair value. Unearned interest was $1,389 as of December 31, 2012. Estimated loan losses were $223,075 and $228,999 as of September 30, 2013 and December 31, 2012, respectively.
Investment Contracts – Policyholders’ Account Balances
The fair value for liabilities under investment-type insurance contracts (accumulation annuities) is calculated using a discounted cash flow approach.  Cash flows are projected using actuarial assumptions and discounted to the valuation date using risk-free rates adjusted for credit risk and the nonperformance risk of the liabilities.
The fair values for insurance contracts other than investment-type contracts are not required to be disclosed.
Policy Claims
The carrying amounts reported for these liabilities approximate their fair value.

Note_4_Segment_Data

Note 4 - Segment Data	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	4.     Segment Data
	The Company has a life insurance segment, consisting of the operations of TLIC and Family Benefit Life, and a premium financing segment, consisting of the operations of FTCC and SIS. Results for the parent company, after elimination of intercompany amounts, are allocated to the corporate segment. These segments as of September 30, 2013 and December 31, 2012 and for the three and nine months ended September 30, 2013 and 2012 are summarized as follows:
		Three Months Ended						Nine Months Ended
		September 30, (Unaudited)						September 30, (Unaudited)
		2013			2012			2013			2012
	Revenues:
	Life and annuity insurance operations	$	3,774,076		$	3,521,425		$	11,218,163		$	10,189,056
	Premium finance operations		40,146			20,717			43,643			97,525
	Corporate operations		76,455			369,153			177,864			407,820
	Total	$	3,890,677		$	3,911,295		$	11,439,670		$	10,694,401
	Income (loss) before income taxes:
	Life and annuity insurance operations	$	99,346		$	398,533		$	897,516		$	734,680
	Premium finance operations		(69,973	)		(78,135	)		(238,794	)		(182,290	)
	Corporate operations		(12,337	)		217,004			(199,741	)		(56,549	)
	Total	$	17,036		$	537,402		$	458,981		$	495,841
	Depreciation and amortization expense:
	Life and annuity insurance operations	$	232,234		$	195,896		$	947,743		$	877,170
	Premium finance operations		927			911			2,796			2,765
	Corporate operations		5,274			9,864			15,424			30,661
	Total	$	238,435		$	206,671		$	965,963		$	910,596
		(Unaudited)			December 31,
		30-Sep-13			2012
	Assets:
	Life and annuity insurance operations	$	172,167,761		$	158,151,031
	Premium finance operations		544,123			979,390
	Corporate operations		6,123,186			6,319,896
	Total	$	178,835,070		$	165,450,317

Note_5_Allowance_for_Loss_on_P

Note 5 - Allowance for Loss on Premium Finance Contracts	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block Supplement [Abstract]	'
Allowance for Credit Losses [Text Block]	'
	5. Allowance for Loss on Premium Finance Contracts
	The progression of the Company’s allowance for loss related to loans from premium financing for the three and nine months ended September 30, 2013 and 2012 is summarized as follows:
		Three Months Ended					Nine Months Ended
		September 30, (Unaudited)					September 30, (Unaudited)
		2013			2012		2013			2012
	Allowance at beginning of period	$	224,377		$	223,135	$	228,999		$	229,004
	Additions (reductions)		(1,302	)		11,866		(5,924	)		5,997
	Allowance at end of period	$	223,075		$	235,001	$	223,075		$	235,001

Note_6_Federal_Income_Taxes

Note 6 - Federal Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	6.     Federal Income Taxes
	The provision for federal income taxes is based on the asset and liability method of accounting for income taxes. Deferred income taxes are provided for the cumulative temporary differences between balances of assets and liabilities determined under GAAP and the balances using tax bases. A valuation allowance has been established due to the uncertainty of certain loss carryforwards.
	The Company has no known uncertain tax benefits within its provision for income taxes. In addition, the Company does not believe it would be subject to any penalties or interest relative to any open tax years and, therefore, has not accrued any such amounts. The Company files U.S. federal income tax returns and income tax returns in various state jurisdictions. The 2009 through 2012 U.S. federal tax years are subject to income tax examination by tax authorities. The Company classifies any interest and penalties (if applicable) as income tax expense in the financial statements.

Note_7_Contingent_Liabilities

Note 7 - Contingent Liabilities	9 Months Ended
	Sep. 30, 2013
Loss Contingency [Abstract]	'
Contingencies Disclosure [Text Block]	'
	7.     Contingent Liabilities
	Guaranty fund assessments may be taken as a credit against premium taxes over a five-year period. These assessments, brought about by the insolvency of life and health insurers, are levied at the discretion of the various state guaranty fund associations to cover association obligations.

Note_8_Other_Comprehensive_Inc

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	8.     Other Comprehensive Income and Accumulated Other Comprehensive Income
	The changes in the components of the Company’s accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2013 and 2012 are summarized as follows:
			Three Months Ended September 30, 2013 and 2012 (Unaudited)
			Unrealized			Adjustment to			Accumulated
			Appreciation on			Deferred Acquisition			Other
			Available-For-Sale			Costs			Comprehensive
			Securities						Income
	Balance as of July 1, 2013		$	3,983,568		$	(21,293	)	$	3,962,275
	Other comprehensive loss before reclassifications, net of tax			(705,506	)		3,353			(702,153	)
	Less amounts reclassified from accumulated other comprehensive loss, net of tax			71,840			-			71,840
	Other comprehensive loss			(777,346	)		3,353			(773,993	)
	Balance as of September 30, 2013		$	3,206,222		$	(17,940	)	$	3,188,282
	Balance as of July 1, 2012		$	4,131,042		$	(28,739	)	$	4,102,303
	Other comprehensive income before reclassifications, net of tax			2,276,430			(3,590	)		2,272,840
	Less amounts reclassified from accumulated other comprehensive income, net of tax			300,404			-			300,404
	Other comprehensive income			1,976,026			(3,590	)		1,972,436
	Balance as of September 30, 2012		$	6,107,068		$	(32,329	)	$	6,074,739
			Nine Months Ended September 30, 2013 and 2012 (Unaudited)
			Unrealized			Adjustment to			Accumulated
			Appreciation on			Deferred Acquisition			Other
			Available-For-Sale			Costs			Comprehensive
			Securities						Income
	Balance as of January 1, 2013		$	5,811,309		$	(30,639	)	$	5,780,670
	Other comprehensive loss before reclassifications, net of tax			(2,312,287	)		12,699			(2,299,588	)
	Less amounts reclassified from accumulated other comprehensive loss, net of tax			292,800			-			292,800
	Other comprehensive loss			(2,605,087	)		12,699			(2,592,388	)
	Balance as of September 30, 2013		$	3,206,222		$	(17,940	)	$	3,188,282
	Balance as of January 1, 2012		$	2,718,885		$	(22,661	)	$	2,696,224
	Other comprehensive income before reclassifications, net of tax			3,759,987			(9,668	)		3,750,319
	Less amounts reclassified from accumulated other comprehensive income, net of tax			371,804			-			371,804
	Other comprehensive income			3,388,183			(9,668	)		3,378,515
	Balance as of September 30, 2012		$	6,107,068		$	(32,329	)	$	6,074,739
	The pretax components of the Company’s other comprehensive income (loss) and the related income tax expense for each component for the three and nine months ended September 30, 2013 and 2012 are summarized as follows:
			Three Months Ended September 30, 2013 (Unaudited)
			Pretax			Income Tax			Net of Tax
						Expense
						(Benefit)
	Other comprehensive loss:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding losses arising during the period		$	(881,882	)	$	(176,376	)	$	(705,506	)
	Reclassification adjustment for gains included in income			(89,799	)		(17,959	)		(71,840	)
	Net unrealized losses on investments			(971,681	)		(194,335	)		(777,346	)
	Adjustment to deferred acquisition costs			4,193			840			3,353
	Total other comprehensive loss		$	(967,488	)	$	(193,495	)	$	(773,993	)
			Three Months Ended September 30, 2012 (Unaudited)
			Pretax			Income Tax			Net of Tax
						Expense
						(Benefit)
	Other comprehensive income:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding gains arising during the period		$	2,868,334		$	591,904		$	2,276,430
	Reclassification adjustment for gains included in income			(378,378	)		(77,974	)		(300,404	)
	Net unrealized gains on investments			2,489,956			513,930			1,976,026
	Adjustment to deferred acquisition costs			(5,547	)		(1,957	)		(3,590	)
	Total other comprehensive income		$	2,484,409		$	511,973		$	1,972,436
			Nine Months Ended September 30, 2013 (Unaudited)
			Pretax			Income Tax			Net of Tax
						Expense
						(Benefit)
	Other comprehensive loss:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding losses arising during the period		$	(2,890,359	)	$	(578,072	)	$	(2,312,287	)
	Reclassification adjustment for gains included in income			(366,000	)		(73,200	)		(292,800	)
Net unrealized losses on investments			(3,256,359	)		(651,272	)		(2,605,087	)
Adjustment to deferred acquisition costs			15,874			3,175			12,699
Total other comprehensive loss		$	(3,240,485	)	$	(648,097	)	$	(2,592,388	)
		Nine Months Ended September 30, 2012 (Unaudited)
		Pretax			Income Tax			Net of Tax
					Expense
					(Benefit)
Other comprehensive income:
Change in net unrealized gains on available-for-sale securities:
Unrealized holding gains arising during the period		$	4,766,190		$	1,006,203		$	3,759,987
Reclassification adjustment for gains included in income			(471,189	)		(99,385	)		(371,804	)
Net unrealized gains on investments			4,295,001			906,818			3,388,183
Adjustment to deferred acquisition costs			(13,398	)		(3,730	)		(9,668	)
Total other comprehensive income		$	4,281,603		$	903,088		$	3,378,515
Realized gains and losses on the sales of investments are determined based upon the specific identification method and include provisions for other-than-temporary impairments where appropriate.
The pretax and the related income tax components of the amounts reclassified from the Company’s accumulated other comprehensive income to the Company’s consolidated statement of operations for the three and nine months ended September 30, 2013 and 2012 are summarized as follows:
		Three Months Ended						Nine Months Ended
		September 30, (Unaudited)						September 30, (Unaudited)
Reclassification Adjustments		2013			2012			2013			2012
Unrealized gains on available-for-sale securities:
Realized gains on sales of securities (a)		$	89,799		$	378,378		$	366,000		$	471,189
Income tax expenses (b)			17,959			77,974			73,200			99,385
Total reclassification adjustments		$	71,840		$	300,404		$	292,800		$	371,804
(a)	These items appear within net realized investment gains in the consolidated statement of operations.
(b)	These items appear within federal income taxes in the consolidated statement of operations.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Nature of Operations [Text Block]	'
	Nature of Operations
	First Trinity Financial Corporation (the “Company”) is the parent holding company of Trinity Life Insurance Company, Family Benefit Life Insurance Company, First Trinity Capital Corporation and Southern Insurance Services, LLC. The Company was incorporated in Oklahoma on April 19, 2004, for the primary purpose of organizing a life insurance subsidiary. The Company raised $1,450,000 from two private placement stock offerings during 2004. On June 22, 2005, the Company’s intrastate public stock offering filed with the Oklahoma Department of Securities for $12,750,000, which included a 10% "over-sale" provision (additional sales of $1,275,000), was declared effective. The offering was completed February 23, 2007. The Company raised $14,025,000 from this offering. On June 29, 2010, the Company commenced a public offering of its common stock registered with the U.S. Securities and Exchange Commission and the Oklahoma Department of Securities. The offering was completed April 30, 2012. The Company raised $11,000,010 from this offering.
	On August 15, 2012, the Company commenced a private placement of its common stock primarily in the states of Kansas, Missouri and South Dakota. The private placement was for 600,000 shares of the Company’s common stock for $8.50 per share. If all shares were sold, the Company would have received $4,335,000 after reduction for estimated offering expenses. This offering was suspended on March 8, 2013 and resulted in gross proceeds of $644,470 from the subscription of 75,820 shares of its common stock and incurred $382,069 in offering costs.
	The Company purchased First Life America Corporation (“FLAC”) on December 23, 2008. On August 31, 2009, two of the Company’s subsidiaries, Trinity Life Insurance Company (“Old TLIC”) and FLAC, were merged, with FLAC being the surviving company. Immediately following the merger, FLAC changed its name to Trinity Life Insurance Company (“TLIC”). After the merger, the Company had two wholly owned subsidiaries, First Trinity Capital Corporation (“FTCC”) and TLIC, domiciled in Oklahoma.
	TLIC is primarily engaged in the business of marketing, underwriting and distributing a broad range of individual life and annuity insurance products to individuals in eight states primarily in the Midwest. TLIC’s current product portfolio consists of a modified premium whole life insurance policy with a flexible premium deferred annuity rider, whole life, term, final expense, accidental death and dismemberment and annuity products. The term products are both renewable and convertible and issued for 10, 15, 20 and 30 years. They can be issued with premiums fully guaranteed for the entire term period or with a limited premium guarantee. The final expense is issued as either a simplified issue or as a graded benefit, determined by underwriting. The products are sold through independent agents in the states of Illinois, Kansas, Kentucky, Nebraska, North Dakota, Ohio, Oklahoma and Texas.
	TLIC purchased Family Benefit Life Insurance Company (“Family Benefit Life”) on December 28, 2011. Family Benefit Life is primarily engaged in the business of marketing, underwriting and distributing a broad range of individual life and annuity insurance products to individuals in sixteen states. Family Benefit Life’s current product portfolio consists of whole life, term, accidental death and dismemberment, annuity, endowment and group life insurance products. The products are sold through independent agents in the states of Arizona, Colorado, Kansas, Missouri, Nebraska, New Mexico and Oklahoma. Family Benefit Life has recently been licensed in Arkansas, Illinois, Indiana, Kentucky, North Dakota, Pennsylvania, South Dakota, Texas and West Virginia.
	FTCC was incorporated in 2006, and began operations in January 2007. FTCC provides financing for casualty insurance premiums for individuals and companies and is licensed to conduct premium financing business in the states of Alabama, Arkansas, Louisiana, Mississippi and Oklahoma. The Company’s management has decided to focus on the Company’s core life and annuity insurance business and discontinue offering premium finance contracts. On May 16, 2012, the Company determined and then announced that FTCC would not accept new premium financing contracts after June 30, 2012. FTCC continued to process payments and service all existing premium financing contracts after June 30, 2012 through the duration that the property and casualty premium financing contracts were in force. The Company virtually completed processing and servicing its premium finance operations on June 30, 2013 subject to minor refunds, minor collections of past due accounts and legal matters. The Company incurred minimal costs related to exiting its premium financing operations since resources were redeployed into its growing life and annuity insurance operations.
	The Company also owns 100% of Southern Insurance Services, LLC, (“SIS”), a limited liability company acquired in 2010, that operated as a property and casualty insurance agency but currently has no operations.
Basis of Accounting, Policy [Policy Text Block]	'
	Basis of Presentation
	The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting primarily of normal recurring accruals) considered necessary for a fair presentation of the results for the interim periods have been included. The results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the results to be expected for the year ended December 31, 2013 or for any other interim period or for any other future year. Certain financial information which is normally included in notes to consolidated financial statements prepared in accordance with U.S. GAAP, but which is not required for interim reporting purposes, has been condensed or omitted. The accompanying consolidated financial statements and notes thereto should be read in conjunction with the financial statements and notes thereto included in the Company's report on Form 10-K for the year ended December 31, 2012.
Consolidation, Policy [Policy Text Block]	'
	Principles of Consolidation
	The consolidated financial statements include the accounts and operations of the Company and its subsidiaries. All intercompany accounts and transactions are eliminated in consolidation.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain reclassifications have been made in the prior year and prior quarter financial statements to conform to current year and current quarter classifications. These reclassifications had no effect on previously reported net income or shareholders' equity.
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Although these estimates are based on management’s knowledge of current events and actions it may undertake in the future, they may ultimately differ from actual results.
Stockholders' Equity, Policy [Policy Text Block]	'
	Common Stock
	Common stock is fully paid, non-assessable and has a par value of $.01 per share.
	On January 11, 2012, the Company’s Board of Directors approved a 5% share dividend by which shareholders received a share of common stock for each 20 shares of common stock of the Company they held. The dividend was payable to the holders of shares of the Corporation as of March 10, 2012. Fractional shares were rounded to the nearest whole number of shares. The Company issued 378,928 shares in connection with the stock dividend that resulted in accumulated deficit being charged $2,841,960 with an offsetting credit of $2,841,960 to common stock and additional paid-in capital. This stock dividend was a non-cash investing and financing activity.
Subsequent Events, Policy [Policy Text Block]	'
	Subsequent Events
	Management has evaluated all events subsequent to September 30, 2013 through the date that these financial statements have been issued.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income
	In February 2013, the Financial Accounting Standards Board (“FASB”) issued updated guidance to improve the reporting of reclassifications out of accumulated other comprehensive income. The guidance requires an entity to present, either on the face of the statement of income or in the notes, separately for each component of comprehensive income, the current period reclassifications out of accumulated other comprehensive income by the respective line items of net income affected by the reclassification.
	The updated guidance is effective prospectively for reporting periods beginning after December 15, 2012. The Company adopted the updated guidance effective March 31, 2013, and such adoption did not have any effect on the Company’s results of operations, financial position or liquidity.
	Testing Indefinite-Lived Intangible Assets for Impairment
	In July 2012, the FASB issued updated guidance regarding the impairment test applicable to indefinite-lived intangible assets that is similar to the impairment guidance applicable to goodwill.  Under the updated guidance, an entity may assess qualitative factors (such as changes in management, key personnel, strategy, key technology or customers) that may impact the fair value of the indefinite-lived intangible asset and lead to the determination that it is more likely than not that the fair value of the asset is less than its carrying value.  If an entity determines that it is more likely than not that the fair value of the intangible asset is less than its carrying value, an impairment test must be performed.  The impairment test requires an entity to calculate the estimated fair value of the indefinite-lived intangible asset.  If the carrying value of the indefinite-lived intangible asset exceeds its estimated fair value, an impairment loss is recognized in an amount equal to the excess.
	The updated guidance was effective for the quarter ended March 31, 2013, but early adoption was permitted.  The Company adopted the updated guidance effective December 31, 2012, and such adoption did not have any effect on the Company’s results of operations, financial position or liquidity.

Supplemental_Disclosures_to_Co1

Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited) (Tables)	9 Months Ended
	Sep. 30, 2013
Supplemental Cash Flow Elements [Abstract]	'
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	'
		Nine Months Ended
		30-Sep-13
	Reduction in notes receivable for recovery of investment real estate	$	125,464
	Recognition of investment real estate from foreclosure	$	125,464
		Nine Months Ended
		30-Sep-12
	Fair value of shares issued in connection with the stock dividend (378,928 shares issued in 2012)	$	2,841,960
	Reduction in accumulated earnings (deficit) due to the stock dividend		(2,841,960	)
	Increase in common stock, par value $.01 due to the stock dividend		3,789
	Increase in additional paid-in-capital due to the stock dividend		2,838,171
	Change in shareholders' equity due to the stock dividend	$	-

Note_2_Investments_Tables

Note 2 - Investments (Tables)	9 Months Ended
	Sep. 30, 2013
Investments, Debt and Equity Securities [Abstract]	'
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	'
	September 30, 2013 (unaudited)	Amortized			Gross			Gross			Fair
		Cost			Unrealized			Unrealized			Value
					Gains			Losses
	Fixed maturity securities
	U.S. government	$	3,154,137		$	206,885		$	194,358		$	3,166,664
	States and political subdivisions		260,647			755			8,329			253,073
	Residential mortgage-backed securities		87,567			71,100			-			158,667
	Corporate bonds		89,787,225			4,471,843			898,431			93,360,637
	Foreign bonds		4,515,749			239,297			10,431			4,744,615
	Total fixed maturity securities		97,805,325			4,989,880			1,111,549			101,683,656
	Equity securities	Cost			Gross			Gross			Fair
					Unrealized			Unrealized			Value
					Gains			Losses
	Mutual funds		66,532			20,787			2,100			85,219
	Corporate preferred stock		347,905			21,693			28,845			340,753
	Corporate common stock		193,494			117,915			-			311,409
	Total equity securities		607,931			160,395			30,945			737,381
	Total fixed maturity and equity securities	$	98,413,256		$	5,150,275		$	1,142,494		$	102,421,037
	31-Dec-12	Amortized			Gross			Gross			Fair
		Cost			Unrealized			Unrealized			Value
					Gains			Losses
	Fixed maturity securities
	U.S. government	$	2,577,074		$	256,628		$	5,769		$	2,827,933
	States and political subdivisions		264,854			1,970			4,539			262,285
	Residential mortgage-backed securities		107,229			67,890			-			175,119
	Corporate bonds		84,325,622			6,578,982			83,812			90,820,792
	Foreign bonds		4,268,529			344,630			39,491			4,573,668
	Total fixed maturity securities		91,543,308			7,250,100			133,611			98,659,797
	Equity securities	Cost			Gross			Gross			Fair
					Unrealized			Unrealized			Value
					Gains			Losses
	Mutual funds		162,447			40,795			-			203,242
	Corporate preferred stock		347,905			24,415			-			372,320
	Corporate common stock		185,494			82,441			-			267,935
	Total equity securities		695,846			147,651			-			843,497
	Total fixed maturity and equity securities	$	92,239,154		$	7,397,751		$	133,611		$	99,503,294
Schedule of Unrealized Loss on Investments [Table Text Block]	'
	September 30, 2013 (unaudited)	Fair Value			Unrealized			Number of
					Loss			Securities
	Fixed maturity securities
	Less than 12 months
	U.S. government	$	1,235,642		$	194,358			3
	States and political subdivisions		99,599			8,329			1
	Corporate bonds		22,112,633			898,431			134
	Foreign bonds		474,429			10,431			3
	Total fixed maturity securities		23,922,303			1,111,549			141
	Equity securities
	Less than 12 months
	Mutual funds		10,956			2,100			1
	Corporate preferred stock		189,600			28,845			3
	Total equity securities		200,556			30,945			4
	Total fixed maturity and equity securities	$	24,122,859		$	1,142,494			145
	31-Dec-12	Fair Value			Unrealized			Number of
					Loss			Securities
	Fixed maturity securities
	Less than 12 months
	U.S. government	$	594,232		$	5,769			1
	States and political subdivisions		104,243			4,539			1
	Corporate bonds		5,772,021			83,812			28
	Foreign bonds		916,406			39,491			5
	Total fixed maturity securities	$	7,386,902		$	133,611			35
Unrealized Gain (Loss) on Investments [Table Text Block]	'
		(Unaudited)			31-Dec-12
		30-Sep-13
	Unrealized appreciation on available-for-sale securities	$	4,007,781		$	7,264,140
	Adjustment to deferred acquisition costs		(22,425	)		(38,299	)
	Deferred income taxes		(797,074	)		(1,445,171	)
	Net unrealized appreciation on available-for-sale securities	$	3,188,282		$	5,780,670
Investments Classified by Contractual Maturity Date [Table Text Block]	'
		September 30, 2013 (Unaudited)
		Fixed Maturity						Other Long-Term
		Available-For-Sale Securities						Investments
		Amortized Cost			Fair Value			Amortized Cost			Fair Value
	Due in one year or less	$	5,699,048		$	5,811,187		$	3,732,183		$	3,759,565
	Due in one year through five years		38,355,712			41,158,032			9,710,802			10,400,168
	Due after five years through ten years		41,997,752			43,180,334			6,179,655			7,396,613
	Due after ten years		11,665,246			11,375,436			2,671,989			3,749,825
	Due at multiple maturity dates		87,567			158,667			-			-
		$	97,805,325		$	101,683,656		$	22,294,629		$	25,306,171
Realized Gain (Loss) on Investments [Table Text Block]	'
		Three Months Ended September 30, (Unaudited)												Nine Months Ended September 30, (Unaudited)
		Fixed Maturity						Mortgage Loans						Fixed Maturity						Mortgage Loans
		and Equity Securities						on Real Estate						and Equity Securities						on Real Estate
		2013			2012			2013			2012			2013			2012			2013		2012
	Proceeds	$	2,377,678		$	3,205,210		$	694,203		$	-		$	5,421,422		$	7,241,265		$	2,134,439	$	-
	Gross realized gains		55,425			380,992			40,954			-			115,020			476,614			264,223		-
	Gross realized losses		(6,580	)		(2,614	)		-			-			(13,243	)		(5,425	)		-		-
Available-for-sale Securities [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30, (Unaudited)						September 30, (Unaudited)
		2013			2012			2013			2012
	Change in unrealized investment gains:
	Available-for-sale securities:
	Fixed maturity securities	$	(934,277	)	$	2,465,576		$	(3,238,158	)	$	4,221,883
	Equity securities		(37,404	)		24,380			(18,201	)		73,118
	Net realized investment gains (losses):
	Available-for-sale securities:
	Fixed maturity securities		53,300			20,230			106,232			109,725
	Equity securities		(4,455	)		358,148			(4,455	)		361,464
	Mortgage loans on real estate		40,954			-			264,223			-
Investment Income [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30, (Unaudited)						September 30, (Unaudited)
		2013			2012			2013			2012
	Fixed maturity securities	$	1,101,529		$	1,065,560		$	3,294,448		$	3,130,035
	Equity securities		10,330			11,077			25,016			39,243
	Other long-term investments		404,978			275,496			1,220,456			770,076
	Mortgage loans		305,106			213,949			781,273			365,975
	Policy loans		25,804			27,785			74,869			76,615
	Real estate		90,870			93,684			272,290			280,635
	Short-term and other investments		42,700			2,843			70,664			17,471
	Gross investment income		1,981,317			1,690,394			5,739,016			4,680,050
	Investment expenses		(154,353	)		(125,259	)		(496,062	)		(376,090	)
	Net investment income	$	1,826,964		$	1,565,135		$	5,242,954		$	4,303,960

Note_3_Fair_Value_Measurements1

Note 3 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	'
	September 30, 2013 (Unaudited)	Level 1		Level 2			Level 3		Total
	Fixed maturity securities, available-for-sale
	U.S. government	$	-	$	3,166,664		$	-	$	3,166,664
	States and political subdivisions		-		253,073			-		253,073
	Residential mortgage-backed securities		-		158,667			-		158,667
	Corporate bonds		-		93,360,637			-		93,360,637
	Foreign bonds		-		4,744,615			-		4,744,615
	Total fixed maturity securities	$	-	$	101,683,656		$	-	$	101,683,656
	Equity securities, available-for-sale
	Mutual funds	$	-	$	85,219		$	-	$	85,219
	Corporate preferred stock		83,800		256,953			-		340,753
	Corporate common stock		250,909		-			60,500		311,409
	Total equity securities	$	334,709	$	342,172		$	60,500	$	737,381
	31-Dec-12	Level 1		Level 2			Level 3		Total
	Fixed maturity securities, available-for-sale
	U.S. government	$	-	$	2,827,933		$	-	$	2,827,933
	States and political subdivisions		-		262,285			-		262,285
	Residential mortgage-backed securities		-		175,119			-		175,119
	Corporate bonds		-		90,820,792			-		90,820,792
	Foreign bonds		-		4,573,668			-		4,573,668
	Total fixed maturity securities	$	-	$	98,659,797		$	-	$	98,659,797
	Equity securities, available-for-sale
	Mutual funds	$	-	$	203,242		$	-	$	203,242
	Corporate preferred stock		-		372,320			-		372,320
	Corporate common stock		215,435		-			52,500		267,935
	Total equity securities	$	215,435	$	575,562		$	52,500	$	843,497
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	'
		Three Months Ended September 30,					Nine Months Ended September 30,
		2013		2012			2013		2012
	Beginning balance	$	52,500	$	77,500		$	52,500	$	77,500
	Purchases		8,000		-			8,000		-
	Sales		-		(35,000	)		-		(35,000	)
	Ending balance	$	60,500	$	42,500		$	60,500	$	42,500
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
		September 30, 2013 (Unaudited)
		Carrying		Fair			Level 1		Level 2			Level 3
		Amount		Value
	Financial assets
	Mortgage loans on real estate
	Commercial	$	2,158,860	$	2,218,722		$	-	$	-		$	2,218,722
	Residential		13,865,348		14,156,658			-		-			14,156,658
	Policy loans		1,519,371		1,519,371			-		-			1,519,371
	Other long-term investments		22,294,629		25,306,171			-		-			25,306,171
	Cash and cash equivalents		12,254,639		12,254,639			12,254,639		-			-
	Accrued investment income		1,448,238		1,448,238			-		-			1,448,238
	Loans from premium financing		148,625		148,625			-		-			148,625
	Total financial assets	$	53,689,710	$	57,052,424		$	12,254,639	$	-		$	44,797,785
	Financial liabilities
	Policyholders' account balances	$	108,794,797	$	95,395,372		$	-	$	-		$	95,395,372
	Policy claims		814,108		814,108			-		-			814,108
	Total financial liabilities	$	109,608,905	$	96,209,480		$	-	$	-		$	96,209,480
		31-Dec-12
		Carrying		Fair			Level 1		Level 2			Level 3
		Amount		Value
	Financial assets
	Mortgage loans on real estate
	Commercial	$	2,267,560	$	2,330,004		$	-	$	-		$	2,330,004
	Residential		8,168,216		8,177,697			-		-			8,177,697
	Policy loans		1,488,035		1,488,035			-		-			1,488,035
	Other long-term investments		19,560,794		23,168,994			-		-			23,168,994
	Cash and cash equivalents		10,947,474		10,947,474			10,947,474		-			-
	Accrued investment income		1,417,218		1,417,218			-		-			1,417,218
	Loans from premium financing		261,072		261,072			-		-			261,072
	Total financial assets	$	44,110,369	$	47,790,494		$	10,947,474	$	-		$	36,843,020
	Financial liabilities
	Policyholders' account balances	$	95,043,370	$	91,013,971		$	-	$	-		$	91,013,971
	Policy claims		717,521		717,521			-		-			717,521
	Total financial liabilities	$	95,760,891	$	91,731,492		$	-	$	-		$	91,731,492

Note_4_Segment_Data_Tables

Note 4 - Segment Data (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30, (Unaudited)						September 30, (Unaudited)
		2013			2012			2013			2012
	Revenues:
	Life and annuity insurance operations	$	3,774,076		$	3,521,425		$	11,218,163		$	10,189,056
	Premium finance operations		40,146			20,717			43,643			97,525
	Corporate operations		76,455			369,153			177,864			407,820
	Total	$	3,890,677		$	3,911,295		$	11,439,670		$	10,694,401
	Income (loss) before income taxes:
	Life and annuity insurance operations	$	99,346		$	398,533		$	897,516		$	734,680
	Premium finance operations		(69,973	)		(78,135	)		(238,794	)		(182,290	)
	Corporate operations		(12,337	)		217,004			(199,741	)		(56,549	)
	Total	$	17,036		$	537,402		$	458,981		$	495,841
	Depreciation and amortization expense:
	Life and annuity insurance operations	$	232,234		$	195,896		$	947,743		$	877,170
	Premium finance operations		927			911			2,796			2,765
	Corporate operations		5,274			9,864			15,424			30,661
	Total	$	238,435		$	206,671		$	965,963		$	910,596
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	'
		(Unaudited)			December 31,
		30-Sep-13			2012
	Assets:
	Life and annuity insurance operations	$	172,167,761		$	158,151,031
	Premium finance operations		544,123			979,390
	Corporate operations		6,123,186			6,319,896
	Total	$	178,835,070		$	165,450,317

Note_5_Allowance_for_Loss_on_P1

Note 5 - Allowance for Loss on Premium Finance Contracts (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block Supplement [Abstract]	'
Allowance for Credit Losses on Financing Receivables [Table Text Block]	'
		Three Months Ended					Nine Months Ended
		September 30, (Unaudited)					September 30, (Unaudited)
		2013			2012		2013			2012
	Allowance at beginning of period	$	224,377		$	223,135	$	228,999		$	229,004
	Additions (reductions)		(1,302	)		11,866		(5,924	)		5,997
	Allowance at end of period	$	223,075		$	235,001	$	223,075		$	235,001

Note_8_Other_Comprehensive_Inc1

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
		Three Months Ended September 30, 2013 and 2012 (Unaudited)
		Unrealized			Adjustment to			Accumulated
		Appreciation on			Deferred Acquisition			Other
		Available-For-Sale			Costs			Comprehensive
		Securities						Income
	Balance as of July 1, 2013	$	3,983,568		$	(21,293	)	$	3,962,275
	Other comprehensive loss before reclassifications, net of tax		(705,506	)		3,353			(702,153	)
	Less amounts reclassified from accumulated other comprehensive loss, net of tax		71,840			-			71,840
	Other comprehensive loss		(777,346	)		3,353			(773,993	)
	Balance as of September 30, 2013	$	3,206,222		$	(17,940	)	$	3,188,282
	Balance as of July 1, 2012	$	4,131,042		$	(28,739	)	$	4,102,303
	Other comprehensive income before reclassifications, net of tax		2,276,430			(3,590	)		2,272,840
	Less amounts reclassified from accumulated other comprehensive income, net of tax		300,404			-			300,404
	Other comprehensive income		1,976,026			(3,590	)		1,972,436
	Balance as of September 30, 2012	$	6,107,068		$	(32,329	)	$	6,074,739
		Nine Months Ended September 30, 2013 and 2012 (Unaudited)
		Unrealized			Adjustment to			Accumulated
		Appreciation on			Deferred Acquisition			Other
		Available-For-Sale			Costs			Comprehensive
		Securities						Income
	Balance as of January 1, 2013	$	5,811,309		$	(30,639	)	$	5,780,670
	Other comprehensive loss before reclassifications, net of tax		(2,312,287	)		12,699			(2,299,588	)
	Less amounts reclassified from accumulated other comprehensive loss, net of tax		292,800			-			292,800
	Other comprehensive loss		(2,605,087	)		12,699			(2,592,388	)
	Balance as of September 30, 2013	$	3,206,222		$	(17,940	)	$	3,188,282
	Balance as of January 1, 2012	$	2,718,885		$	(22,661	)	$	2,696,224
	Other comprehensive income before reclassifications, net of tax		3,759,987			(9,668	)		3,750,319
	Less amounts reclassified from accumulated other comprehensive income, net of tax		371,804			-			371,804
	Other comprehensive income		3,388,183			(9,668	)		3,378,515
	Balance as of September 30, 2012	$	6,107,068		$	(32,329	)	$	6,074,739
Comprehensive Income (Loss) [Table Text Block]	'
		Three Months Ended September 30, 2013 (Unaudited)
		Pretax			Income Tax			Net of Tax
					Expense
					(Benefit)
	Other comprehensive loss:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding losses arising during the period	$	(881,882	)	$	(176,376	)	$	(705,506	)
	Reclassification adjustment for gains included in income		(89,799	)		(17,959	)		(71,840	)
	Net unrealized losses on investments		(971,681	)		(194,335	)		(777,346	)
	Adjustment to deferred acquisition costs		4,193			840			3,353
	Total other comprehensive loss	$	(967,488	)	$	(193,495	)	$	(773,993	)
		Three Months Ended September 30, 2012 (Unaudited)
		Pretax			Income Tax			Net of Tax
					Expense
					(Benefit)
	Other comprehensive income:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding gains arising during the period	$	2,868,334		$	591,904		$	2,276,430
	Reclassification adjustment for gains included in income		(378,378	)		(77,974	)		(300,404	)
	Net unrealized gains on investments		2,489,956			513,930			1,976,026
	Adjustment to deferred acquisition costs		(5,547	)		(1,957	)		(3,590	)
	Total other comprehensive income	$	2,484,409		$	511,973		$	1,972,436
		Nine Months Ended September 30, 2013 (Unaudited)
		Pretax			Income Tax			Net of Tax
					Expense
					(Benefit)
	Other comprehensive loss:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding losses arising during the period	$	(2,890,359	)	$	(578,072	)	$	(2,312,287	)
	Reclassification adjustment for gains included in income		(366,000	)		(73,200	)		(292,800	)
	Net unrealized losses on investments		(3,256,359	)		(651,272	)		(2,605,087	)
	Adjustment to deferred acquisition costs		15,874			3,175			12,699
	Total other comprehensive loss	$	(3,240,485	)	$	(648,097	)	$	(2,592,388	)
		Nine Months Ended September 30, 2012 (Unaudited)
		Pretax			Income Tax			Net of Tax
					Expense
					(Benefit)
	Other comprehensive income:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding gains arising during the period	$	4,766,190		$	1,006,203		$	3,759,987
	Reclassification adjustment for gains included in income		(471,189	)		(99,385	)		(371,804	)
	Net unrealized gains on investments		4,295,001			906,818			3,388,183
	Adjustment to deferred acquisition costs		(13,398	)		(3,730	)		(9,668	)
	Total other comprehensive income	$	4,281,603		$	903,088		$	3,378,515
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30, (Unaudited)						September 30, (Unaudited)
	Reclassification Adjustments	2013			2012			2013			2012
	Unrealized gains on available-for-sale securities:
	Realized gains on sales of securities (a)	$	89,799		$	378,378		$	366,000		$	471,189
	Income tax expenses (b)		17,959			77,974			73,200			99,385
	Total reclassification adjustments	$	71,840		$	300,404		$	292,800		$	371,804

Supplemental_Disclosures_to_Co2

Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited) (Details)	3 Months Ended	9 Months Ended
	Mar. 31, 2012	Sep. 30, 2012
Supplemental Cash Flow Elements [Abstract]	'	'
Common Stock Dividends, Shares (in Shares)	378,928	378,928
Common Stock Dividends, Percent	'	5.00%

Supplemental_Disclosures_to_Co3

Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited) (Details) - Non-Cash Investing and Financing Activities (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited) (Details) - Non-Cash Investing and Financing Activities [Line Items]	'	'
Reduction in notes receivable for recovery of investment real estate	$125,464	'
Recognition of investment real estate from foreclosure	125,464	'
Fair value of shares issued in connection with the stock dividend (378,928 shares issued in 2012)	'	2,841,960
Reduction in accumulated earnings (deficit) due to the stock dividend	'	-2,841,960
Common Stock [Member]	'	'
Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited) (Details) - Non-Cash Investing and Financing Activities [Line Items]	'	'
Increase in equity due to stock dividend	'	3,789
Additional Paid-in Capital [Member]	'	'
Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited) (Details) - Non-Cash Investing and Financing Activities [Line Items]	'	'
Increase in equity due to stock dividend	'	$2,838,171

Supplemental_Disclosures_to_Co4

Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited) (Details) - Non-Cash Investing and Financing Activities (Parentheticals) (USD $)	3 Months Ended	9 Months Ended
	Mar. 31, 2012	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Supplemental Disclosures to Consolidated Statements of Cash Flows (Unaudited) (Details) - Non-Cash Investing and Financing Activities (Parentheticals) [Line Items]	'	'	'	'
Stock dividend, share issued	378,928	378,928	'	'
Common stock, par value (in Dollars per share)	'	$0.01	$0.01	$0.01

Note_1_Organization_and_Signif1

Note 1 - Organization and Significant Accounting Policies (Details) (USD $)

3 Months Ended

7 Months Ended

9 Months Ended

12 Months Ended

20 Months Ended

22 Months Ended

Mar. 31, 2012

Mar. 08, 2013

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2004

Feb. 23, 2007

Apr. 30, 2012

Dec. 31, 2012

Aug. 15, 2012

Jan. 11, 2012

Dec. 28, 2011

Aug. 31, 2009

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from Issuance of Private Placement (in Dollars)

'

'

'

'

$1,450,000

'

'

'

'

'

'

'

Number of Private Placements

'

'

'

'

2

'

'

'

'

'

'

'

Proceeds from Issuance Initial Public Offering (in Dollars)

'

'

'

'

'

14,025,000

'

'

'

'

'

'

Over-sale Provision, Percent

'

'

'

'

'

10.00%

'

'

'

'

'

'

Stock Issued During Period, Value, New Issues (in Dollars)

'

'

-40,772

1,747,240

'

'

11,000,010

'

'

'

'

'

Private Placement, Number of Shares (in Shares)

'

'

'

'

'

'

'

'

600,000

'

'

'

Share Price (in Dollars per share)

'

'

'

'

'

'

'

'

$8.50

'

'

'

Private Placement, Net Proceeds (in Dollars)

'

'

'

'

'

'

'

'

4,335,000

'

'

'

Proceeds from Issuance of Common Stock (in Dollars)

'

644,470

-40,772

1,747,240

'

'

'

'

'

'

'

'

Stock Issued During Period, Shares, New Issues (in Shares)

'

75,820

'

'

'

'

'

'

'

'

'

'

Payments of Stock Issuance Costs (in Dollars)

'

382,069

'

'

'

'

'

'

'

'

'

'

Number of Subsidiaries Merged

'

'

'

'

'

'

'

'

'

'

'

2

Number of Wholly Owned Subsidiaries

'

'

2

'

'

'

'

'

'

'

'

'

Number of States in which Entity Operates

'

'

8

'

'

'

'

'

'

'

16

'

Wholly Owned Subsidiary, Ownership Percentage

'

'

100.00%

'

'

'

'

'

'

'

'

'

Common Stock, Par or Stated Value Per Share (in Dollars per share)

'

'

$0.01

$0.01

'

'

'

$0.01

'

'

'

'

Common Stock, Dividend Rate, Percentage

'

'

'

'

'

'

'

'

'

5.00%

'

'

Number of Shares (in Shares)

'

'

'

'

'

'

'

'

'

20

'

'

Common Stock Dividends, Shares (in Shares)

378,928

'

'

378,928

'

'

'

'

'

'

'

'

Retained Earnings [Member]

'

'

'

'

'

'

'

'

'

'

'

'

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Dividends (in Dollars)

-2,841,960

'

'

-2,841,960

'

'

'

'

'

'

'

'

Common Stock Including Additional Paid in Capital [Member]

'

'

'

'

'

'

'

'

'

'

'

'

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Dividends (in Dollars)

-2,841,960

'

'

'

'

'

'

'

'

'

'

'

First Term [Member]

'

'

'

'

'

'

'

'

'

'

'

'

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Term Products, Number of Years

'

'

10

'

'

'

'

'

'

'

'

'

Second Term [Member]

'

'

'

'

'

'

'

'

'

'

'

'

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Term Products, Number of Years

'

'

15

'

'

'

'

'

'

'

'

'

Third Term [Member]

'

'

'

'

'

'

'

'

'

'

'

'

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Term Products, Number of Years

'

'

20

'

'

'

'

'

'

'

'

'

Fourth Term [Member]

'

'

'

'

'

'

'

'

'

'

'

'

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Term Products, Number of Years

'

'

30

'

'

'

'

'

'

'

'

'

Initial [Member]

'

'

'

'

'

'

'

'

'

'

'

'

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from Issuance Initial Public Offering (in Dollars)

'

'

'

'

'

12,750,000

'

'

'

'

'

'

Additional [Member]

'

'

'

'

'

'

'

'

'

'

'

'

Note 1 - Organization and Significant Accounting Policies (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from Issuance Initial Public Offering (in Dollars)

'

'

'

'

'

$1,275,000

'

'

'

'

'

'

Note_2_Investments_Details

Note 2 - Investments (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Note 2 - Investments (Details) [Line Items]	'	'
Investment Owned, at Cost (in Dollars)	$3,223,464	$3,981,060
Investments, Fair Value Disclosure (in Dollars)	$3,210,405	$4,219,334
Debt Securities [Member]	'	'
Note 2 - Investments (Details) [Line Items]	'	'
Minimum Fair Value to Cost Ratio	79.00%	93.00%
Fixed Maturity Securities, Investment Grade Percentage	95.00%	95.00%
Equity Securities [Member]	'	'
Note 2 - Investments (Details) [Line Items]	'	'
Minimum Fair Value to Cost Ratio	79.00%	'

Note_2_Investments_Details_Ava

Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	$98,413,256	$92,239,154
Available-for-sale securities - gross unrealized losses	1,142,494	133,611
Available-for-sale securities - fair value	102,421,037	99,503,294
Available-for-sale securities - gross unrealized gains	5,150,275	7,397,751
US Treasury and Government [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	3,154,137	2,577,074
Available-for-sale securities - gross unrealized losses	194,358	5,769
Available-for-sale securities - fair value	3,166,664	2,827,933
Available-for-sale securities - gross unrealized gains	206,885	256,628
US States and Political Subdivisions Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	260,647	264,854
Available-for-sale securities - gross unrealized losses	8,329	4,539
Available-for-sale securities - fair value	253,073	262,285
Available-for-sale securities - gross unrealized gains	755	1,970
Residential Mortgage Backed Securities [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	87,567	107,229
Available-for-sale securities - fair value	158,667	175,119
Available-for-sale securities - gross unrealized gains	71,100	67,890
Corporate Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	89,787,225	84,325,622
Available-for-sale securities - gross unrealized losses	898,431	83,812
Available-for-sale securities - fair value	93,360,637	90,820,792
Available-for-sale securities - gross unrealized gains	4,471,843	6,578,982
Foreign Government Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	4,515,749	4,268,529
Available-for-sale securities - gross unrealized losses	10,431	39,491
Available-for-sale securities - fair value	4,744,615	4,573,668
Available-for-sale securities - gross unrealized gains	239,297	344,630
Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	97,805,325	91,543,308
Available-for-sale securities - gross unrealized losses	1,111,549	133,611
Available-for-sale securities - fair value	101,683,656	98,659,797
Available-for-sale securities - gross unrealized gains	4,989,880	7,250,100
Mutual Funds [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	66,532	162,447
Available-for-sale securities - gross unrealized losses	2,100	'
Available-for-sale securities - fair value	85,219	203,242
Available-for-sale securities - gross unrealized gains	20,787	40,795
Preferred Stock [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	347,905	347,905
Available-for-sale securities - gross unrealized losses	28,845	'
Available-for-sale securities - fair value	340,753	372,320
Available-for-sale securities - gross unrealized gains	21,693	24,415
Common Stock [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	193,494	185,494
Available-for-sale securities - fair value	311,409	267,935
Available-for-sale securities - gross unrealized gains	117,915	82,441
Equity Securities [Member]	'	'
Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities [Line Items]	'	'
Available-for-sale securities - amortized cost or cost	607,931	695,846
Available-for-sale securities - gross unrealized losses	30,945	'
Available-for-sale securities - fair value	737,381	843,497
Available-for-sale securities - gross unrealized gains	$160,395	$147,651

Note_2_Investments_Details_Sec

Note 2 - Investments (Details) - Securities in an Unrealized Loss Position (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	$24,122,859	'
Securities - unrealized loss	1,142,494	'
Securities - number of securities	145	'
US Government Agencies Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	1,235,642	594,232
Securities - unrealized loss	194,358	5,769
Securities - number of securities	3	1
US States and Political Subdivisions Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	99,599	104,243
Securities - unrealized loss	8,329	4,539
Securities - number of securities	1	1
Corporate Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	22,112,633	5,772,021
Securities - unrealized loss	898,431	83,812
Securities - number of securities	134	28
Foreign Government Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	474,429	916,406
Securities - unrealized loss	10,431	39,491
Securities - number of securities	3	5
Debt Securities [Member]	'	'
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	23,922,303	7,386,902
Securities - unrealized loss	1,111,549	133,611
Securities - number of securities	141	35
Mutual Funds [Member]	'	'
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	10,956	'
Securities - unrealized loss	2,100	'
Securities - number of securities	1	'
Corporate Preferred Stock [Member]	'	'
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	189,600	'
Securities - unrealized loss	28,845	'
Securities - number of securities	3	'
Equity Securities [Member]	'	'
Note 2 - Investments (Details) - Securities in an Unrealized Loss Position [Line Items]	'	'
Securities - fair value	200,556	'
Securities - unrealized loss	$30,945	'
Securities - number of securities	4	'

Note_2_Investments_Details_Net

Note 2 - Investments (Details) - Net Unrealized Gains Included in Accumulated Other Comprehensive Income (USD $)	Sep. 30, 2013	Dec. 31, 2012
Net Unrealized Gains Included in Accumulated Other Comprehensive Income [Abstract]	'	'
Unrealized appreciation on available-for-sale securities	$4,007,781	$7,264,140
Adjustment to deferred acquisition costs	-22,425	-38,299
Deferred income taxes	-797,074	-1,445,171
Net unrealized appreciation on available-for-sale securities	$3,188,282	$5,780,670

Note_2_Investments_Details_Fix

Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities - Amortized Cost and Fair Value (USD $)	Sep. 30, 2013	Dec. 31, 2012
Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities - Amortized Cost and Fair Value [Line Items]	'	'
	$97,805,325	$91,543,308
	101,683,656	98,659,797
Fixed Maturities [Member]	'	'
Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities - Amortized Cost and Fair Value [Line Items]	'	'
Due in one year or less	5,699,048	'
Due in one year or less	5,811,187	'
Due in one year through five years	38,355,712	'
Due in one year through five years	41,158,032	'
Due after five years through ten years	41,997,752	'
Due after five years through ten years	43,180,334	'
Due after ten years	11,665,246	'
Due after ten years	11,375,436	'
Due at multiple maturity dates	87,567	'
Due at multiple maturity dates	158,667	'
	97,805,325	'
	101,683,656	'
Other Long-term Investments [Member]	'	'
Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities - Amortized Cost and Fair Value [Line Items]	'	'
Due in one year or less	3,732,183	'
Due in one year or less	3,759,565	'
Due in one year through five years	9,710,802	'
Due in one year through five years	10,400,168	'
Due after five years through ten years	6,179,655	'
Due after five years through ten years	7,396,613	'
Due after ten years	2,671,989	'
Due after ten years	3,749,825	'
	22,294,629	'
	$25,306,171	'

Note_2_Investments_Details_Fix1

Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities - Proceeds and Gross Realized Gains (Losses) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Debt Securities [Member]	'	'	'	'
Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities - Proceeds and Gross Realized Gains (Losses) [Line Items]	'	'	'	'
Proceeds	$2,377,678	$3,205,210	$5,421,422	$7,241,265
Gross realized gains	55,425	380,992	115,020	476,614
Gross realized losses	-6,580	-2,614	-13,243	-5,425
Collateralized Mortgage Obligations [Member]	'	'	'	'
Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities - Proceeds and Gross Realized Gains (Losses) [Line Items]	'	'	'	'
Proceeds	694,203	'	2,134,439	'
Gross realized gains	$40,954	'	$264,223	'

Note_2_Investments_Details_Fix2

Note 2 - Investments (Details) - Fixed Maturity and Equity Available-for-sale Securities - Accumulated Change in Net Unrealized Investment Gains (Losses) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Debt Securities [Member]	'	'	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'
Available-for-sale securities - change in unrealized gains	($934,277)	$2,465,576	($3,238,158)	$4,221,883
Available-for-sale securities - realized gains	53,300	20,230	106,232	109,725
Equity Securities [Member]	'	'	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'
Available-for-sale securities - change in unrealized gains	-37,404	24,380	-18,201	73,118
Available-for-sale securities - realized gains	-4,455	358,148	-4,455	361,464
Collateralized Mortgage Obligations [Member]	'	'	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'
Available-for-sale securities - realized gains	$40,954	'	$264,223	'

Note_2_Investments_Details_Maj

Note 2 - Investments (Details) - Major Categories of Net Investment Income (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Net Investment Income [Line Items]	'	'	'	'
Gross investment income	$1,981,317	$1,690,394	$5,739,016	$4,680,050
Investment expenses	-154,353	-125,259	-496,062	-376,090
Net investment income	1,826,964	1,565,135	5,242,954	4,303,960
Fixed Maturities [Member]	'	'	'	'
Net Investment Income [Line Items]	'	'	'	'
Gross investment income	1,101,529	1,065,560	3,294,448	3,130,035
Equity Securities [Member]	'	'	'	'
Net Investment Income [Line Items]	'	'	'	'
Gross investment income	10,330	11,077	25,016	39,243
Other Long-term Investments [Member]	'	'	'	'
Net Investment Income [Line Items]	'	'	'	'
Gross investment income	404,978	275,496	1,220,456	770,076
Mortgage Loans on Real Estate [Member]	'	'	'	'
Net Investment Income [Line Items]	'	'	'	'
Gross investment income	305,106	213,949	781,273	365,975
Policy Loans [Member]	'	'	'	'
Net Investment Income [Line Items]	'	'	'	'
Gross investment income	25,804	27,785	74,869	76,615
Real Estate Investment [Member]	'	'	'	'
Net Investment Income [Line Items]	'	'	'	'
Gross investment income	90,870	93,684	272,290	280,635
Short-term Investments [Member]	'	'	'	'
Net Investment Income [Line Items]	'	'	'	'
Gross investment income	$42,700	$2,843	$70,664	$17,471

Note_3_Fair_Value_Measurements2

Note 3 - Fair Value Measurements (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Fair Value Disclosures [Abstract]	'	'
Fair Value Hierarchy, Number of Input Levels	3	'
Number of Investments, Private Placements	3	'
Number of Private Placement Common Stocks	1	'
Unearned Interest Income (in Dollars)	'	$1,389
Loans and Leases Receivable, Allowance (in Dollars)	$223,075	$228,999

Note_3_Fair_Value_Measurements3

Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis (USD $)	Sep. 30, 2013	Dec. 31, 2012
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	$102,421,037	$99,503,294
US Treasury and Government [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	3,166,664	2,827,933
US Treasury and Government [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	3,166,664	2,827,933
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	253,073	262,285
US States and Political Subdivisions Debt Securities [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	253,073	262,285
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	158,667	175,119
Residential Mortgage Backed Securities [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	158,667	175,119
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	93,360,637	90,820,792
Corporate Debt Securities [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	93,360,637	90,820,792
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	4,744,615	4,573,668
Foreign Government Debt Securities [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	4,744,615	4,573,668
Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	101,683,656	98,659,797
Debt Securities [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	101,683,656	98,659,797
Mutual Funds [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	85,219	203,242
Mutual Funds [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	85,219	203,242
Preferred Stock [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	83,800	'
Preferred Stock [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	256,953	372,320
Preferred Stock [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	340,753	372,320
Common Stock [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	250,909	215,435
Common Stock [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	60,500	52,500
Common Stock [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	311,409	267,935
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	334,709	215,435
Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	342,172	575,562
Equity Securities [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	60,500	52,500
Equity Securities [Member]	'	'
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]	'	'
Available-for-sale securities	$737,381	$843,497

Note_3_Fair_Value_Measurements4

Note 3 - Fair Value Measurements (Details) - Change in the Fair Value of the Companybs Level 3 Equity Securities, Available-for-sale (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Change in the Fair Value of the Companybs Level 3 Equity Securities, Available-for-sale [Abstract]	'	'	'	'
Beginning balance	$52,500	$77,500	$52,500	$77,500
Ending balance	60,500	42,500	60,500	42,500
Purchases	8,000	'	8,000	'
Sales	'	($35,000)	'	($35,000)

Note_3_Fair_Value_Measurements5

Note 3 - Fair Value Measurements (Details) - Estimated Fair Values of Financial Instruments (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Mortgage loans on real estate, carrying amount	$16,024,208	$10,435,776	'	'
Policy loans, carrying amount	1,519,371	1,488,035	'	'
Policy loans, fair value	1,519,371	1,488,035	'	'
Other long-term investments, carrying amount	22,294,629	19,560,794	'	'
Other long-term investments, fair value	25,306,171	23,168,994	'	'
Cash and cash equivalents, carrying amount	12,254,639	10,947,474	12,881,116	27,705,711
Cash and cash equivalents, fair value	12,254,639	10,947,474	'	'
Accrued investment income, carrying amount	1,448,238	1,417,218	'	'
Accrued investment income, fair value	1,448,238	1,417,218	'	'
Loans from premium financing, carrying amount	148,625	261,072	'	'
Loans from premium financing, fair value	148,625	261,072	'	'
Total financial assets, carrying amount	53,689,710	44,110,369	'	'
Total financial assets, fair value	57,052,424	47,790,494	'	'
Policyholders' account balances, carrying amount	108,794,797	95,043,370	'	'
Policyholders' account balances, fair value	95,395,372	91,013,971	'	'
Policy claims, carrying amount	814,108	717,521	'	'
Policy claims, fair value	814,108	717,521	'	'
Total financial liabilities, carrying amount	109,608,905	95,760,891	'	'
Total financial liabilities, fair value	96,209,480	91,731,492	'	'
Commercial [Member] | Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Mortgage loans on real estate, fair value	2,218,722	2,330,004	'	'
Commercial [Member]	'	'	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Mortgage loans on real estate, carrying amount	2,158,860	2,267,560	'	'
Mortgage loans on real estate, fair value	2,218,722	2,330,004	'	'
Residential [Member] | Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Mortgage loans on real estate, fair value	14,156,658	8,177,697	'	'
Residential [Member]	'	'	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Mortgage loans on real estate, carrying amount	13,865,348	8,168,216	'	'
Mortgage loans on real estate, fair value	14,156,658	8,177,697	'	'
Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Cash and cash equivalents, fair value	12,254,639	10,947,474	'	'
Total financial assets, fair value	12,254,639	10,947,474	'	'
Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Policy loans, carrying amount	1,519,371	1,488,035	'	'
Policy loans, fair value	1,519,371	1,488,035	'	'
Other long-term investments, fair value	25,306,171	23,168,994	'	'
Accrued investment income, carrying amount	1,448,238	1,417,218	'	'
Accrued investment income, fair value	1,448,238	1,417,218	'	'
Loans from premium financing, carrying amount	148,625	261,072	'	'
Loans from premium financing, fair value	148,625	261,072	'	'
Total financial assets, fair value	44,797,785	36,843,020	'	'
Policyholders' account balances, fair value	95,395,372	91,013,971	'	'
Policy claims, carrying amount	814,108	717,521	'	'
Policy claims, fair value	814,108	717,521	'	'
Total financial liabilities, fair value	$96,209,480	$91,731,492	'	'

Note_4_Segment_Data_Details_Se

Note 4 - Segment Data (Details) - Segment Data - Operations (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Segment Reporting Information [Line Items]	'	'	'	'
Revenues	$3,890,677	$3,911,295	$11,439,670	$10,694,401
Income (loss) before income taxes	17,036	537,402	458,981	495,841
Depreciation and amortization expense	238,435	206,671	965,963	910,596
Life and Annuity Insurance Operations [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues	3,774,076	3,521,425	11,218,163	10,189,056
Income (loss) before income taxes	99,346	398,533	897,516	734,680
Depreciation and amortization expense	232,234	195,896	947,743	877,170
Premium Finance Operations [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues	40,146	20,717	43,643	97,525
Income (loss) before income taxes	-69,973	-78,135	-238,794	-182,290
Depreciation and amortization expense	927	911	2,796	2,765
Corporate Operations [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues	76,455	369,153	177,864	407,820
Income (loss) before income taxes	-12,337	217,004	-199,741	-56,549
Depreciation and amortization expense	$5,274	$9,864	$15,424	$30,661

Note_4_Segment_Data_Details_Se1

Note 4 - Segment Data (Details) - Segment Data - Assets (USD $)	Sep. 30, 2013	Dec. 31, 2012
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Assets	$178,835,070	$165,450,317
Life and Annuity Insurance Operations [Member]	'	'
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Assets	172,167,761	158,151,031
Premium Finance Operations [Member]	'	'
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Assets	544,123	979,390
Corporate Operations [Member]	'	'
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Assets	$6,123,186	$6,319,896

Note_5_Allowance_for_Loss_on_P2

Note 5 - Allowance for Loss on Premium Finance Contracts (Details) - Allowance for Loss on Premium Finance Contracts (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Allowance for Loss on Premium Finance Contracts [Abstract]	'	'	'	'
Allowance at beginning of period	$224,377	$223,135	$228,999	$229,004
Additions (reductions)	-1,302	11,866	-5,924	5,997
Allowance at end of period	$223,075	$235,001	$223,075	$235,001

Note_7_Contingent_Liabilities_

Note 7 - Contingent Liabilities (Details)	Sep. 30, 2013
Loss Contingency [Abstract]	'
Guaranty Fund Assessments, Period Taken	5

Note_8_Other_Comprehensive_Inc2

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income (Details) - Accumulated Other Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Balance	$3,962,275	$4,102,303	$5,780,670	$2,696,224
Other comprehensive income (loss) before reclassifications, net of tax	-702,153	2,272,840	-2,299,588	3,750,319
Less amounts reclassified from accumulated other comprehensive income (loss), net of tax	71,840	300,404	292,800	371,804
Other comprehensive income (loss)	-773,993	1,972,436	-2,592,388	3,378,515
Balance	3,188,282	6,074,739	3,188,282	6,074,739
Accumulated Net Unrealized Investment Gain (Loss) [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Balance	3,983,568	4,131,042	5,811,309	2,718,885
Other comprehensive income (loss) before reclassifications, net of tax	-705,506	2,276,430	-2,312,287	3,759,987
Less amounts reclassified from accumulated other comprehensive income (loss), net of tax	71,840	300,404	292,800	371,804
Other comprehensive income (loss)	-777,346	1,976,026	-2,605,087	3,388,183
Balance	3,206,222	6,107,068	3,206,222	6,107,068
Adjustment to Deferred Acquisition Costs [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Balance	-21,293	-28,739	-30,639	-22,661
Other comprehensive income (loss) before reclassifications, net of tax	3,353	-3,590	12,699	-9,668
Other comprehensive income (loss)	3,353	-3,590	12,699	-9,668
Balance	($17,940)	($32,329)	($17,940)	($32,329)

Note_8_Other_Comprehensive_Inc3

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income (Details) - Other Comprehensive Income (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Change in net unrealized gains on available-for-sale securities:	'		'		'		'
Unrealized holding gains (losses) arising during the period, pretax	($881,882)		$2,868,334		($2,890,359)		$4,766,190
Unrealized holding gains (losses) arising during the period, tax	-176,376		591,904		-578,072		1,006,203
Unrealized holding gains (losses) arising during the period, net	-705,506		2,276,430		-2,312,287		3,759,987
Reclassification adjustment for gains included in income, pretax	-89,799	[1]	-378,378	[1]	-366,000	[1]	-471,189	[1]
Reclassification adjustment for gains included in income, tax	-17,959	[2]	-77,974	[2]	-73,200	[2]	-99,385	[2]
Reclassification adjustment for gains included in income, net	-71,840		-300,404		-292,800		-371,804
Net unrealized gains (losses) on investments, pretax	-971,681		2,489,956		-3,256,359		4,295,001
Net unrealized gains (losses) on investments, tax	-194,335		513,930		-651,272		906,818
Net unrealized gains (losses) on investments, net	-777,346		1,976,026		-2,605,087		3,388,183
Adjustment to deferred acquisition costs, pretax	4,193		-5,547		15,874		-13,398
Adjustment to deferred acquisition costs, tax	840		-1,957		3,175		-3,730
Adjustment to deferred acquisition costs, net	3,353		-3,590		12,699		-9,668
Total other comprehensive income (loss), pretax	-967,488		2,484,409		-3,240,485		4,281,603
Total other comprehensive income (loss), tax	-193,495		511,973		-648,097		903,088
Total other comprehensive income (loss), net	($773,993)		$1,972,436		($2,592,388)		$3,378,515
[1]	These items appear within net realized investment gains in the consolidated statement of operations.
[2]	These items appear within federal income taxes in the consolidated statement of operations.

Note_8_Other_Comprehensive_Inc4

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income (Details) - Reclassified from Accumulated Other Comprehensive Income (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Reclassified from Accumulated Other Comprehensive Income [Abstract]	'		'		'		'
Realized gains on sales of securities (a)	$89,799	[1]	$378,378	[1]	$366,000	[1]	$471,189	[1]
Income tax expenses (b)	17,959	[2]	77,974	[2]	73,200	[2]	99,385	[2]
Total reclassification adjustments	$71,840		$300,404		$292,800		$371,804
[1]	These items appear within net realized investment gains in the consolidated statement of operations.
[2]	These items appear within federal income taxes in the consolidated statement of operations.