First Trinity Financial (FTFC) 10-Q 14 May 15 2015 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2015	11-May-15
Document and Entity Information [Abstract]
Entity Registrant Name	First Trinity Financial CORP
Document Type	10-Q
Current Fiscal Year End Date	-19
Entity Common Stock, Shares Outstanding		7,802,613
Amendment Flag	FALSE
Entity Central Index Key	1395585
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	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

Consolidated_Statements_of_Fin

Consolidated Statements of Financial Position (Current Period Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Investments
Available-for-sale fixed maturity securities at fair value (amortized cost: $108,212,909 and $107,412,322 as of March 31, 2015 and December 31, 2014, respectively)	$112,520,002	$110,651,429
Available-for-sale equity securities at fair value (cost: $525,901 and $519,595 as of March 31, 2015 and December 31, 2014, respectively)	672,648	671,357
Mortgage loans on real estate	45,579,509	38,649,733
Investment real estate	2,435,674	9,165,090
Policy loans	1,461,576	1,520,620
Short-term investments	1,141,837	1,141,199
Other long-term investments	23,048,210	21,781,925
Total investments	186,859,456	183,581,353
Cash and cash equivalents	17,621,797	10,158,386
Accrued investment income	1,756,739	1,682,906
Recoverable from reinsurers	1,214,234	1,222,245
Agents' balances and due premiums	705,311	562,146
Deferred policy acquisition costs	9,847,853	9,287,851
Value of insurance business acquired	6,574,456	6,674,414
Property and equipment, net	71,069	84,001
Other assets	5,176,083	5,747,866
Total assets	229,826,998	219,001,168
Policy liabilities
Policyholders' account balances	151,496,179	140,554,973
Future policy benefits	36,708,320	35,913,730
Policy claims	671,407	602,269
Other policy liabilities	66,982	87,148
Total policy liabilities	188,942,888	177,158,120
Notes payable		4,076,473
Deferred federal income taxes	2,349,193	2,198,753
Other liabilities	4,163,805	2,357,484
Total liabilities	195,455,886	185,790,830
Shareholders' equity
Common stock, par value $.01 per share (20,000,000 shares authorized, 8,050,193 issued as of March 31, 2015 and December 31, 2014, respectively, and 7,802,613 and 7,812,038 outstanding as of March 31, 2015 and December 31, 2014, respectively)	80,502	80,502
Additional paid-in capital	28,684,748	28,684,748
Treasury stock, at cost (247,580 and 238,155 shares as of March 31, 2015 and December 31, 2014, respectively)	-893,947	-855,304
Accumulated other comprehensive income	3,519,930	2,683,543
Accumulated earnings	2,979,879	2,616,849
Total shareholders' equity	34,371,112	33,210,338
Total liabilities and shareholders' equity	$229,826,998	$219,001,168

Consolidated_Statements_of_Fin1

Consolidated Statements of Financial Position (Current Period Unaudited) (Parentheticals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Available-for-sale fixed maturity securities at amortized cost (in Dollars)	$108,212,909	$107,412,322
Available-for-sale equity securities at cost (in Dollars)	$525,901	$519,595
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	8,050,193
Common stock, shares outstanding	7,802,613	7,812,038
Treasury stock, shares	247,580	238,155

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenues
Premiums	$2,320,314	$2,009,983
Net investment income	2,407,560	1,970,808
Net realized investment gains	424,002	296,565
Other income	4,811	13,312
Total revenues	5,156,687	4,290,668
Benefits and claims
Increase in future policy benefits	791,311	619,972
Death benefits	918,791	722,449
Surrenders	142,394	91,446
Interest credited to policyholders	1,247,890	1,022,210
Dividend, endowment and supplementary life contract benefits	53,433	66,210
Total benefits and claims	3,153,819	2,522,287
Policy acquisition costs deferred	-971,951	-528,162
Amortization of deferred policy acquisition costs	394,460	281,282
Amortization of value of insurance business acquired	99,958	105,854
Commissions	870,146	510,450
Other underwriting, insurance and acquisition expenses	1,230,916	1,133,459
Total expenses	1,623,529	1,502,883
Total benefits, claims and expenses	4,777,348	4,025,170
Income before total federal income tax expense	379,339	265,498
Current federal income tax expense	74,965	50,259
Deferred federal income tax benefit	-58,656	-27,915
Total federal income tax expense	16,309	22,344
Net income	$363,030	$243,154
Net income per common share basic and diluted (in Dollars per share)	$0.05	$0.03

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Net income	$363,030		$243,154
Other comprehensive income
Total net unrealized gains arising during the period	1,085,720		1,654,985
Less net realized investment gains	22,749	[1]	296,565	[1]
Net unrealized gains	1,062,971		1,358,420
Less adjustment to deferred acquisition costs	17,489		9,510
Other comprehensive income before income tax expense	1,045,482		1,348,910
Income tax expense	209,095		269,782
Total other comprehensive income	836,387		1,079,128
Total comprehensive income	$1,199,417		$1,322,282
[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, beginning at Dec. 31, 2013	$80,502	$28,684,748	($693,731)	$1,878,157	$691,338	$30,641,014
Repurchase of common stock			-80,000			-80,000
Comprehensive income:
Net income					243,154	243,154
Other comprehensive income (loss)				1,079,128		1,079,128
Balance, ending at Mar. 31, 2014	80,502	28,684,748	-773,731	2,957,285	934,492	31,883,296
Balance, beginning at Dec. 31, 2014	80,502	28,684,748	-855,304	2,683,543	2,616,849	33,210,338
Repurchase of common stock			-38,643			-38,643
Comprehensive income:
Net income					363,030	363,030
Other comprehensive income (loss)				836,387		836,387
Balance, ending at Mar. 31, 2015	$80,502	$28,684,748	($893,947)	$3,519,930	$2,979,879	$34,371,112

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Operating activities
Net income	$363,030	$243,154
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for depreciation	49,304	103,524
Accretion of discount on investments	-229,755	-221,043
Net realized investment gains	-424,002	-296,565
Amortization of policy acquisition cost	394,460	281,282
Policy acquisition cost deferred	-971,951	-528,162
Mortgage loan origination fees deferred	-26,000	-21,500
Amortization of loan origination fees	9,320	17,923
Amortization of value of insurance business acquired	99,958	105,854
Provision for deferred federal income tax benefit	-58,656	-27,915
Interest credited to policyholders	1,247,890	1,022,210
Change in assets and liabilities:
Accrued investment income	-73,833	-44,414
Policy loans	59,044	-27,035
Short-term investments	-638
Allowance for mortgage and premium finance loan losses	24,603	17,603
Recoverable from reinsurers	8,011	-5,609
Agents' balances and due premiums	-143,165	8,027
Other assets	571,783	627,282
Future policy benefits	794,590	620,107
Policy claims	69,138	7,281
Other policy liabilities	-20,166	-2,813
Other liabilities	1,806,321	-22,855
Net cash provided by operating activities	3,549,286	1,856,336
Investing activities
Purchases of fixed maturity securities	-2,170,526	-8,075,994
Maturities of fixed maturity securities	567,000	1,487,000
Sales of fixed maturity securities	621,229	1,943,330
Purchases of equity securities	-534,687	-2,230
Sales of equity securities	526,284
Purchases of mortgage loans	-8,455,196	-4,753,722
Payments on mortgage loans	1,550,599	709,836
Purchases of other long-term investments	-2,022,600	-1,837,619
Payments on other long-term investments	1,170,576	758,383
Purchases of real estate		-2,817,857
Sale of real estate	7,083,246
Net cash used in investing activities	-1,664,075	-12,588,873
Financing activities
Policyholders' account deposits	12,577,187	8,031,177
Policyholders' account withdrawals	-2,883,871	-2,100,680
Purchases of treasury stock	-38,643	-80,000
Proceeds from issuance of notes payable		4,076,473
Repayment of notes payable	-4,076,473
Net cash provided by financing activities	5,578,200	9,926,970
Increase (decrease) in cash	7,463,411	-805,567
Cash and cash equivalents, beginning of period	10,158,386	10,608,438
Cash and cash equivalents, end of period	$17,621,797	$9,802,871

Note_1_Organization_and_Signif

Note 1 - Organization and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2015
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 (“TLIC”), Family Benefit Life Insurance Company (“FBLIC”) and First Trinity Capital Corporation (“FTCC”). The Company was incorporated in Oklahoma on April 19, 2004, for the primary purpose of organizing a life insurance subsidiary.
	The Company owns 100% of TLIC. TLIC owns 100% of FBLIC. TLIC and FBLIC are primarily engaged in the business of marketing, underwriting and distributing a broad range of individual life insurance and annuity products to individuals. TLIC’s and FBLIC’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 TLIC and FBLIC products are sold through independent agents. TLIC is licensed in the states of Illinois, Kansas, Kentucky, Nebraska, North Dakota, Ohio, Oklahoma and Texas. FBLIC is licensed in the states of Alabama, Arizona, Arkansas, Colorado, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Virginia and West Virginia.
	The Company owns 100% of FTCC that was incorporated in 2006, and began operations in January 2007. FTCC provided financing for casualty insurance premiums for individuals and companies and was licensed to conduct premium financing business in the states of Alabama, Arkansas, Louisiana, Mississippi and Oklahoma. FTCC currently has no operations other than minor premium refunds, collections of past due accounts and accounts involved in litigation.
	Company Capitalization
	The Company raised $1,450,000 from two private placement stock offerings during 2004 and $25,669,480 from two public stock offerings and one private placement stock offering from June 22, 2005 through February 23, 2007; June 29, 2010 through April 30, 2012; and August 15, 2012 through March 8, 2013. The Company issued 7,347,488 shares of its common stock and incurred $3,624,518 of offering costs during these private placements and public stock offerings.
	The Company also issued 702,705 shares of its common stock in connection with two stock dividends paid to shareholders in 2011 and 2012 that resulted in accumulated earnings being charged $5,270,288 with an offsetting credit of $5,270,288 to common stock and additional paid-in capital. The historic impact of these two stock dividend charges of $5,270,288 decreased during 2011 and 2012 the balance of accumulated earnings and resulted in a reported balance as of March 31, 2015 of $2,979,879, as shown in the accumulated earnings caption in the March 31, 2015 consolidated statement of financial position.
	The Company has also purchased 247,580 shares of treasury stock at a cost of $893,947 from former members of the Board of Directors including the former Chairman of the Board of Directors, a former agent, the former spouse of the Company’s Chairman, Chief Executive Officer and President and a charitable organization where a former member of the Board of Directors had donated shares of the Company’s common stock.
	Acquisition of Other Companies
	On December 23, 2008, FTFC acquired 100% of the outstanding common stock of First Life America Corporation (“FLAC”) from an unaffiliated company. The acquisition of FLAC was accounted for as a purchase. The aggregate purchase price for FLAC was approximately $2,695,000 (including direct cost associated with the acquisition of approximately $195,000). The acquisition of FLAC was financed with the working capital of FTFC. On December 31, 2008, FTFC made FLAC a 15 year loan in the form of a surplus note in the amount of $250,000 with an interest rate of 6% payable monthly, that was approved by the Oklahoma Insurance Department (“OID”). This surplus note is eliminated in consolidation.
	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 TLIC.
	On December 28, 2011, TLIC acquired 100% of the outstanding common stock of FBLIC from FBLIC’s shareholders. The acquisition of FBLIC was accounted for as a purchase. The aggregate purchase price for the acquisition of FBLIC was $13,855,129. The acquisition of FBLIC was financed with the working capital of TLIC.
	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 months ended March 31, 2015 are not necessarily indicative of the results to be expected for the year ended December 31, 2015 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, 2014.
	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.
	Treasury Stock
	Treasury stock represents shares of the Company’s common stock that have been reacquired after having been issued and fully paid, is recorded at the reacquisition cost and are no longer outstanding.
	Subsequent Events
	Management has evaluated all events subsequent to March 31, 2015 through the date that these financial statements have been issued. On April 15, 2015, the Company loaned $400,000 to its former Chairman. The loan has a term of one year and has a contractual interest rate of 5.50%. The loan is collateralized by 100,000 shares of the Company’s Class A Common stock owned by the former Chairman.
	Recent Accounting Pronouncements
	Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued revised guidance to reduce diversity in practice for reporting discontinued operations. Under the previous guidance, any component of an entity that was a reportable segment, an operating segment, a reporting unit, a subsidiary or an asset group was eligible for discontinued operations presentation.
	The revised guidance only allows disposals of components of an entity that represent a strategic shift (e.g., disposal of a major geographical area, a major line of business, a major equity method investment or other major parts of an entity) and that have a major effect on a reporting entity's operations and financial results to be reported as discontinued operations. The revised guidance also requires expanded disclosure in the financial statements for discontinued operations as well as for disposals of significant components of an entity that do not qualify for discontinued operations presentation.
	The updated guidance is effective for the quarter ending March 31, 2015. The adoption of this guidance did not have a material effect on the Company's results of operations, financial position or liquidity.
	Revenue from Contracts with Customers
	In May 2014, the FASB issued updated guidance to clarify the principles for recognizing revenue. While insurance contracts are not within the scope of this updated guidance, the Company's fee income related to providing services will be subject to this updated guidance. The updated guidance requires an entity to recognize revenue as performance obligations are met, in order to reflect the transfer of promised goods or services to customers in an amount that reflects the consideration the entity is entitled to receive for those goods or services.
	The following steps are applied in the updated guidance: (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract and (5) recognize revenue when, or as, the entity satisfies a performance obligation.
	The updated guidance is effective for the quarter ending March 31, 2017. The adoption of this guidance is not expected to have a material effect on the Company's results of operations, financial position or liquidity.
	Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period
	In June 2014, the FASB issued updated guidance to resolve diversity in practice concerning employee share-based payments that contain performance targets that could be achieved after the requisite service period. Many reporting entities account for performance targets that could be achieved after the requisite service period as performance conditions that affect the vesting of the award and, therefore, do not reflect the performance targets in the estimate of the grant-date fair value of the award. Other reporting entities treat those performance targets as nonvesting conditions that affect the grant-date fair value of the award.
	The updated guidance requires that a performance target that affects vesting and that can be achieved after the requisite service period be treated as a performance condition. As such, the performance target that affects vesting should not be reflected in estimating that fair value of the award at the grant date. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the periods for which service has been rendered. If the performance target becomes probable of being achieved before the end of the service period, the remaining unrecognized compensation cost for which requisite service has not yet been rendered is recognized prospectively over the remaining service period. The total amount of compensation cost recognized during and after the service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest.
	The updated guidance is effective for annual and interim periods beginning after December 15, 2015, with early adoption permitted. The adoption of this guidance is not expected to have a material effect on the Company's results of operations, financial position or liquidity.
	Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern
	In August 2014, the FASB issued guidance to address the diversity in practice in determining when there is substantial doubt about an entity's ability to continue as a going concern and when an entity must disclose certain relevant conditions and events. The new guidance requires an entity to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued (or available to be issued). The new guidance allows the entity to consider the mitigating effects of management's plans that will alleviate the substantial doubt and requires certain disclosures when substantial doubt is alleviated as a result of consideration of management's plans.
	If conditions or events raise substantial doubt that is not alleviated, an entity should disclose that there is substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued (or available to be issued), along with the principal conditions or events that raise substantial doubt, management's evaluation of the significance of those conditions or events in relation to the entity's ability to meet its obligations and management's plans that are intended to mitigate those conditions.
	The guidance is effective for annual periods ending after December 15, 2016, and interim and annual periods thereafter.
	Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity
	In November 2014, the FASB issued updated guidance to clarify when the separation of certain embedded derivative features in a hybrid financial instrument that is issued in the form of a share is required. That is, an entity will continue to evaluate whether the economic characteristics and risks of the embedded derivative feature are clearly and closely related to those of the host contract. Specifically, the amendments clarify that an entity should consider all relevant terms and features, including the embedded derivative feature being evaluated for bifurcation, in evaluating the nature of the host contract. Furthermore, the amendments clarify that no single term or feature would necessarily determine the economic characteristics and risks of the host contract. Rather, the nature of the host contract depends upon the economic characteristics and risks of the entire hybrid financial instrument.
	The updated guidance is effective for reporting periods beginning after December 15, 2015. Early adoption is permitted. The adoption of this guidance is not expected to have a material effect on the Company's results of operations, financial position or liquidity.
	Receivables – Troubled Debt Restructurings by Creditors
	In January 2014, the FASB issued updated guidance for troubled debt restructurings clarifying when an in substance repossession or foreclosure occurs, and when a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan. The new guidance is effective for annual periods and interim periods within those annual periods, beginning after December 15, 2015. This guidance can be elected for prospective adoption or by using a retrospective transition method. The adoption of this guidance is not expected to have a material effect on the Company's results of operations, financial position or liquidity.
	Amendments to the Consolidation Analysis
	In February 2015, the FASB issued updated guidance that makes targeted amendments to the current consolidation accounting guidance. The update is in response to accounting complexity concerns, particularly from the asset management industry. The guidance simplifies consolidation accounting by reducing the number of approaches to consolidation, provides a scope exception to registered money market funds and similar unregistered money market funds and ends the indefinite deferral granted to investment companies from applying the variable interest entity guidance.
	The updated guidance is effective for annual and interim periods beginning after December 15, 2015. The adoption of this guidance is not expected to have a material effect on the Company’s results of operations, financial position or liquidity.
	Simplifying the Presentation of Debt Issuance Costs
	In April 2015, the FASB issued updated guidance to clarify the required presentation of debt issuance costs.   The amended guidance requires that debt issuance costs be presented in the balance sheet as a direct reduction from the carrying amount of the recognized debt liability, consistent with the treatment of debt discounts.   Amortization of debt issuance costs is to be reported as interest expense.   The recognition and measurement guidance for debt issuance costs are not affected by the updated guidance.
	The updated guidance is effective for reporting periods beginning after December 15, 2015.   Early adoption is permitted.  The adoption of this guidance will not have any effect on the Company’s results of operations, financial position or liquidity.

Note_2_Investments

Note 2 - Investments	3 Months Ended
	Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	2. Investments
	Fixed Maturity and Equity Securities Available-For-Sale
	Investments in fixed maturity and equity securities available-for-sale as of March 31, 2015 and December 31, 2014 are summarized as follows:
					Gross			Gross
		Amortized			Unrealized			Unrealized			Fair
	March 31, 2015 (Unaudited)	Cost			Gains			Losses			Value
	Fixed maturity securities
	U.S. government and U.S. government agencies	$	2,660,706		$	161,883		$	30,894		$	2,791,695
	States and political subdivisions		1,638,578			36,652			3,523			1,671,707
	Residential mortgage-backed securities		66,318			53,134			-			119,452
	Corporate bonds		91,767,774			4,538,852			778,313			95,528,313
	Foreign bonds		12,079,533			502,975			173,673			12,408,835
	Total fixed maturity securities		108,212,909			5,293,496			986,403			112,520,002
					Gross			Gross
					Unrealized			Unrealized			Fair
	Equity securities	Cost			Gains			Losses			Value
	Mutual funds		83,081			454			-			83,535
	Corporate preferred stock		256,299			6,555			320			262,534
	Corporate common stock		186,521			140,058			-			326,579
	Total equity securities		525,901			147,067			320			672,648
	Total fixed maturity and equity securities	$	108,738,810		$	5,440,563		$	986,723		$	113,192,650
					Gross			Gross
		Amortized			Unrealized			Unrealized			Fair
	31-Dec-14	Cost			Gains			Losses			Value
	Fixed maturity securities
	U.S. government and U.S. government agencies	$	2,650,994		$	168,071		$	69,052		$	2,750,013
	States and political subdivisions		1,184,034			20,982			863			1,204,153
	Residential mortgage-backed securities		68,242			62,193			-			130,435
	Corporate bonds		92,367,191			3,711,276			885,169			95,193,298
	Foreign bonds		11,141,861			426,197			194,528			11,373,530
	Total fixed maturity securities		107,412,322			4,388,719			1,149,612			110,651,429
					Gross			Gross
					Unrealized			Unrealized			Fair
	Equity securities	Cost			Gains			Losses			Value
	Mutual funds		80,879			2,586			-			83,465
	Corporate preferred stock		254,502			3,273			1,700			256,075
	Corporate common stock		184,214			147,603			-			331,817
	Total equity securities		519,595			153,462			1,700			671,357
	Total fixed maturity and equity securities	$	107,931,917		$	4,542,181		$	1,151,312		$	111,322,786
	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 March 31, 2015 and December 31, 2014 are summarized as follows:
					Unrealized			Number of
	March 31, 2015 (Unaudited)	Fair Value			Loss			Securities
	Fixed maturity securities
	Less than 12 months
	States and political subdivisions	$	300,289		$	3,523			2
	Corporate bonds		7,558,260			443,485			28
	Foreign bonds		3,070,382			173,673			14
	Total less than 12 months		10,928,931			620,681			44
	More than 12 months
	U.S. government and U.S. government agencies		1,099,106			30,894			2
	Corporate bonds		2,705,235			334,828			14
	Total more than 12 months		3,804,341			365,722			16
	Total fixed maturity securities		14,733,272			986,403			60
	Equity securities
	Less than 12 months
	Corporate preferred stock		49,680			320			1
	Total equity securities		49,680			320			1
	Total fixed maturity and equity securities	$	14,782,952		$	986,723			61
					Unrealized			Number of
	31-Dec-14	Fair Value			Loss			Securities
	Fixed maturity securities
	Less than 12 months
	Corporate bonds	$	12,258,681		$	477,590			47
	Foreign bonds		3,446,676			194,528			16
Total less than 12 months		15,705,357			672,118			63
More than 12 months
U.S. government and U.S. government agencies		1,360,948			69,052			3
States and political subdivisions		105,569			863			1
Corporate bonds		2,761,555			407,579			14
Total more than 12 months		4,228,072			477,494			18
Total fixed maturity securities		19,933,429			1,149,612			81
Equity securities
Greater than 12 months
Corporate preferred stock		48,300			1,700			1
Total equity securities		48,300			1,700			1
Total fixed maturity and equity securities	$	19,981,729		$	1,151,312			82
As of March 31, 2015, the Company held 60 available-for-sale fixed maturity securities with an unrealized loss of $986,403, fair value of $14,733,272 and amortized cost of $15,719,675. These unrealized losses were primarily due to market interest rate movements in the bond market as of March 31, 2015. The ratio of the fair value to the amortized cost of these 60 securities is 94%.
However, the Company holds three available-for-sale fixed maturity securities in a mining industry company that when combined have unrealized losses of $270,243, fair values of $338,625 and amortized costs of $608,868. Management’s analysis indicates that this mining industry company will more than likely be able to make principal and interest payments through the maturity of these three securities in 2020 and 2021. The ratio of the fair value to the amortized cost of these three securities was 56%. The ratio of the fair value to the amortized cost of the other 57 securities in an unrealized loss position as of March 31, 2015 is 95% with all 57 securities having a fair value to amortized cost ratio above 76%.
As of December 31, 2014, the Company held 81 available-for-sale fixed maturity securities with an unrealized loss of $1,149,612, fair value of $19,933,429 and amortized cost of $21,083,041. These unrealized losses were primarily due to market interest rate movements in the bond market as of December 31, 2014. The ratio of the fair value to the amortized cost of these 81 securities is 95%.
As of March 31, 2015, the Company held one available-for-sale equity security with an unrealized loss of $320, fair value of $49,680 and cost of $50,000. The ratio of fair value to cost of this security is 99%.
As of December 31, 2014, the Company held one available-for-sale equity security with an unrealized loss of $1,700, fair value of $48,300 and cost of $50,000. The ratio of fair value to cost of this security is 97%.
Fixed maturity securities were 93% and 95% investment grade as rated by Standard & Poor’s as of March 31, 2015 and December 31, 2014, respectively.
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 months ended March 31, 2015 and the year ended December 31, 2014. Management believes that the Company will fully recover its cost basis in the securities held at March 31, 2015, 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 remaining 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 March 31, 2015 and December 31, 2014, are summarized as follows:
	(Unaudited)
	31-Mar-15			31-Dec-14
Unrealized appreciation on available-for-sale securities	$	4,453,840		$	3,390,869
Adjustment to deferred acquisition costs		(53,929	)		(36,440	)
Deferred income taxes		(879,981	)		(670,886	)
Net unrealized appreciation on available-for-sale securities	$	3,519,930		$	2,683,543
The Company’s investment in lottery prize cash flows categorized as other long-term investments in the statement of financial position was $23,048,210 and $21,781,925 as of March 31, 2015 and December 31, 2014, respectively. The lottery prize cash flows are assignments of the future rights from lottery winners purchased at a discounted price. Payments on these investments are made by state run lotteries.
The amortized cost and fair value of fixed maturity available-for-sale securities and other long-term investments as of March 31, 2015, by contractual maturity, are summarized as follows:
	March 31, 2015 (Unaudited)
	Fixed Maturity Available-For-Sale Securities						Other Long-Term Investments
	Amortized Cost			Fair Value			Amortized Cost			Fair Value
Due in one year or less	$	2,754,581		$	2,801,862		$	3,915,108		$	3,976,523
Due in one year through five years		36,096,965			38,044,550			9,452,822			10,405,428
Due after five years through ten years		53,807,893			55,404,752			6,632,945			8,482,488
Due after ten years		15,487,152			16,149,386			3,047,335			4,705,400
Due at multiple maturity dates		66,318			119,452			-			-
	$	108,212,909		$	112,520,002		$	23,048,210		$	27,569,839
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 securities available-for-sale, equity securities available-for-sale, mortgage loans on real estate and investment real estate for the three months ended March 31, 2015 and 2014 are summarized as follows:
	Three Months Ended March 31, (Unaudited)
	Fixed Maturity Securities						Equity Securities						Mortgage Loans on Real Estate				Investment Real Estate
	2015			2014			2015			2014			2015		2014		2015		2014
Proceeds	$	1,188,229		$	3,430,330		$	526,284		$	-		$	1,550,599	$	709,836	$	7,083,246	$	-
Gross realized gains		25,841			279,570			996			-			11,051		17,961		390,202		-
Gross realized losses		(1,192	)		(966	)		(2,896	)		-			-		-		-		-
The accumulated change in net unrealized investment gains for fixed maturity and equity securities available-for-sale for the three months ended March 31, 2015 and 2014 and the amount of realized investment gains on fixed maturity securities available-for-sale, equity securities available-for-sale, mortgage loans on real estate and investment real estate for the three months ended March 31, 2015 and 2014 are summarized as follows:
	Three Months Ended March 31, (Unaudited)
	2015			2014
Change in unrealized investment gains:
Available-for-sale securities:
Fixed maturity securities	$	1,067,986		$	1,363,002
Equity securities		(5,015	)		(4,582	)
Net realized investment gains (losses):
Available-for-sale securities:
Fixed maturity securities		24,649			278,604
Equity securities		(1,900	)		-
Mortgage loans on real estate		11,051			17,961
Investment real estate		390,202			-
Major categories of net investment income for the three months ended March 31, 2015 and 2014 are summarized as follows:
	Three Months Ended March 31, (Unaudited)
	2015			2014
Fixed maturity securities	$	1,173,781		$	1,119,896
Equity securities		11,529			10,657
Other long-term investments		414,242			415,411
Mortgage loans		956,144			453,972
Policy loans		25,141			24,943
Real estate		187,588			173,195
Short-term and other investments		48,192			36,297
Gross investment income		2,816,617			2,234,371
Investment expenses		(409,057	)		(263,563	)
Net investment income	$	2,407,560		$	1,970,808
TLIC and FBLIC are required to hold assets on deposit with various state insurance departments for the benefit of policyholders and other special deposits in accordance with statutory rules and regulations. As of March 31, 2015 and December 31, 2014, these required deposits, included in investment assets, had amortized costs that totaled $3,966,145 and $3,954,696, respectively. As of March 31, 2015 and December 31, 2014, these required deposits had fair values that totaled $4,105,198 and $4,057,740, respectively.
The Company’s mortgage loans by property type as of March 31, 2015 and December 31, 2014 are summarized as follows:
	31-Mar-15						31-Dec-14
	Amount			Percentage			Amount			Percentage
Commercial mortgage loans
Retail stores	$	1,603,192			3.52	%	$	1,635,412			4.23	%
Office buildings		321,920			0.7	%		327,181			0.85	%
Total commercial mortgage loans		1,925,112			4.22	%		1,962,593			5.08	%
Residential mortgage loans		43,654,397			95.78	%		36,687,140			94.92	%
Total mortgage loans	$	45,579,509			100	%	$	38,649,733			100	%
The Company’s investment real estate as of March 31, 2015 and December 31, 2014 is summarized as follows:
	31-Mar-15			31-Dec-14
Land - held for the production of income	$	213,160		$	213,160
Land - held for sale		750,047			2,034,478
Total land		963,207			2,247,638
Building - held for the production of income		2,267,557			2,267,557
Less - accumulated depreciation		(795,090	)		(758,718	)
Buildings net of accumulated depreciation		1,472,467			1,508,839
Building - held for sale		-			5,408,613
Total buildings		1,472,467			6,917,452
Investment real estate, net of accumulated depreciation	$	2,435,674		$	9,165,090
TLIC owns approximately six and one-half acres of land located in Topeka, Kansas that includes a 20,000 square foot office building on approximately one-fourth of this land. This building and one and one-half acre of land is held for the production of income. The remaining five acres of land are held for sale. In addition, FBLIC owns one-half acre of undeveloped land located in Jefferson City, Missouri. This land is held for sale. FTCC also owned a small, undeveloped land parcel in Carthage, Mississippi that was sold during 2014.
In December 2013, TLIC purchased one acre of land in Greensburg, Indiana that included a 3,975 square foot retail building on approximately 8% of this land. Also in December 2013, TLIC purchased another acre of land in Norman, Oklahoma that included a 9,100 square foot retail building on approximately 18% of this land. These buildings and land were held for sale.
In February 2014, TLIC purchased one acre of land in Houston, Texas that included a 9,195 square foot building constructed on approximately 25% of this land. Also in February 2014, TLIC purchased three-fourths of an acre of land in Harrisonville, Missouri that included a 6,895 square foot building constructed on approximately 20% of this land. These buildings and land were also held for sale.
On March 11, 2015, the Company sold its investment real estate in buildings and land held for sale in Greensburg, Indiana; Norman, Oklahoma; Houston, Texas and Harrisonville, Missouri with an aggregate carrying value of $6,693,044 as of both December 31, 2014 and March 11, 2015. The Company recorded a gross profit on these sales of $390,202 based on an aggregate sales price of $7,083,246 less closing costs and expenses of $20,119.
In addition, simultaneously with these sales, the Company settled its two notes payable, collateralized by the held for sale buildings and land (including assignment of the tenant leases), with an aggregate payment to Grand Bank (the creditor) of $4,076,473. In connection with the repayments of the two notes payable, the Company expensed the loan origination fees remaining as of March 11, 2015 of $72,744. During the period from January 1, 2015 to March 11, 2015, the Company incurred interest expense of $35,181 on the two notes payable and amortized $7,423 of loan origination fees.

Note_3_Fair_Value_Measurements

Note 3 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2015
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 Level 3 of the fair value hierarchy are reported as transfers in and out of the Level 3 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 March 31, 2015 and December 31, 2014 is summarized as follows:
	March 31, 2015 (Unaudited)	Level 1		Level 2		Level 3		Total
	Fixed maturity securities, available-for-sale
	U.S. government and U.S. government agencies	$	-	$	2,791,695	$	-	$	2,791,695
	States and political subdivisions		-		1,671,707		-		1,671,707
	Residential mortgage-backed securities		-		119,452		-		119,452
	Corporate bonds		-		95,528,313		-		95,528,313
	Foreign bonds		-		12,408,835		-		12,408,835
	Total fixed maturity securities	$	-	$	112,520,002	$	-	$	112,520,002
	Equity securities, available-for-sale
	Mutual funds	$	3,592	$	79,943	$	-	$	83,535
	Corporate preferred stock		209,554		52,980		-		262,534
	Corporate common stock		280,079		-		46,500		326,579
	Total equity securities	$	493,225	$	132,923	$	46,500	$	672,648
	31-Dec-14	Level 1		Level 2		Level 3		Total
	Fixed maturity securities, available-for-sale
	U.S. government and U.S. government agencies	$	-	$	2,750,013	$	-	$	2,750,013
	States and political subdivisions		-		1,204,153		-		1,204,153
	Residential mortgage-backed securities		-		130,435		-		130,435
	Corporate bonds		-		95,193,298		-		95,193,298
	Foreign bonds		-		11,373,530		-		11,373,530
	Total fixed maturity securities	$	-	$	110,651,429	$	-	$	110,651,429
	Equity securities, available-for-sale
	Mutual funds	$	3,592	$	79,873	$	-	$	83,465
	Corporate preferred stock		203,999		52,076		-		256,075
	Corporate common stock		285,317		-		46,500		331,817
	Total equity securities	$	492,908	$	131,949	$	46,500	$	671,357
	As of both March 31, 2015 and December 31, 2014, Level 3 financial instruments consisted of two private placement common stocks that have no active trading. These private placement stocks represent investments in small 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, U.S. government agencies, states 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 are 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 the measurement dates.
	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 carrying amount and fair value of the Company’s financial assets and financial liabilities disclosed, but not carried, at fair value as of March 31, 2015 and December 31, 2014, 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:
		March 31, 2015 (Unaudited)
		Carrying		Fair
		Amount		Value		Level 1		Level 2		Level 3
	Financial assets
	Mortgage loans on real estate
	Commercial	$	1,925,112	$	1,958,153	$	-	$	-	$	1,958,153
	Residential		43,654,397		45,872,031		-		-		45,872,031
	Policy loans		1,461,576		1,461,576		-		-		1,461,576
	Short-term investments		1,141,837		1,141,837		1,141,837		-		-
	Other long-term investments		23,048,210		27,569,839		-		-		27,569,839
	Cash and cash equivalents		17,621,797		17,621,797		17,621,797		-		-
	Accrued investment income		1,756,739		1,756,739		-		-		1,756,739
	Loans from premium financing		123,886		123,886		-		-		123,886
	Total financial assets	$	90,733,554	$	97,505,858	$	18,763,634	$	-	$	78,742,224
	Financial liabilities
	Policyholders' account balances	$	151,496,179	$	132,634,781	$	-	$	-	$	132,634,781
	Policy claims		671,407		671,407		-		-		671,407
	Total financial liabilities	$	152,167,586	$	133,306,188	$	-	$	-	$	133,306,188
		31-Dec-14
		Carrying		Fair
		Amount		Value		Level 1		Level 2		Level 3
	Financial assets
	Mortgage loans on real estate
Commercial	$	1,962,593	$	2,000,041	$	-	$	-	$	2,000,041
Residential		36,687,140		38,613,679		-		-		38,613,679
Policy loans		1,520,620		1,520,620		-		-		1,520,620
Short-term investments		1,141,199		1,141,199		1,141,199		-		-
Other long-term investments		21,781,925		25,912,178		-		-		25,912,178
Cash and cash equivalents		10,158,386		10,158,386		10,158,386		-		-
Accrued investment income		1,682,906		1,682,906		-		-		1,682,906
Loans from premium financing		123,886		123,886		-		-		123,886
Total financial assets	$	75,058,655	$	81,152,895	$	11,299,585	$	-	$	69,853,310
Financial liabilities
Policyholders' account balances	$	140,554,973	$	126,144,182	$	-	$	-	$	126,144,182
Notes payable		4,076,473		4,076,473		-		-		4,076,473
Policy claims		602,269		602,269		-		-		602,269
Total financial liabilities	$	145,233,715	$	130,822,924	$	-	$	-	$	130,822,924
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 Securities and Equity Securities
The fair value of fixed maturity securities 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. For residential mortgage loans, the discount rate used was indexed to the LIBOR yield curve adjusted for an appropriate credit spread. For commercial mortgage loans, the discount rate used was assumed to be the interest rate on the last commercial mortgage acquired by the Company.
Cash and Cash Equivalents, Short-Term Investments, Accrued Investment Income, Policy Loans and Loans from Premium Financing
The carrying value of these financial instruments approximates their fair values. Cash and cash equivalents and short-term investments 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.
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.
Notes Payable
The carrying amounts reported for these liabilities approximate their fair value. These notes payable were issued on March 26, 2014 and the current refinancing of these liabilities would result in notes payable yielding approximately the carrying amount as shown in the December 31, 2014 consolidated statement of financial position.

Note_4_Notes_Payable

Note 4 - Notes Payable	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	4. Notes Payable
	Notes payable as of December 31, 2014 are summarized as follows:
		31-Dec-14
	Promissory note payable to Grand Bank, secured by real estate and tenant leases located in Indiana, Oklahoma and Texas, 35 monthly payments of interest at 4.50% with a final payment in the 36th month of $3,009,265 of principal plus unpaid accrued interest at 4.50%, maturity date is March 26, 2017	$	3,009,265
	Promissory note payable to Grand Bank, secured by real estate and tenant leases located in Missouri, 35 monthly payments of interest at 4.50% with a final payment on the 36th month of $1,067,208 of principal plus unpaid accrued interest at 4.50%, maturity date is March 26, 2017		1,067,208
	Total promissory notes payable	$	4,076,473
	On March 11, 2015, the Company sold its investment real estate in buildings and land held for sale in Greensburg, Indiana; Norman, Oklahoma; Houston, Texas and Harrisonville, Missouri with an aggregate carrying value of $6,693,044 as of both December 31, 2014 and March 11, 2015. The Company recorded a gross profit on these sales of $390,202 based on an aggregate sales price of $7,083,246 less closing costs and expenses of $20,119. In addition, simultaneously with these sales, the Company settled its two notes payable, collateralized by the held for sale buildings and land (including assignment of the tenant leases), with an aggregate payment to Grand Bank (the creditor) of $4,076,473.
	The $3,009,265 promissory note was collateralized (including assignment of the tenant leases) by three properties, located in Indiana, Oklahoma and Texas, purchased for $4,940,647 in December 2013 and February 2014.
	In December 2013, TLIC purchased one acre of land in Greensburg, Indiana that included a 3,975 square foot building constructed on approximately 8% of this land at a cost of $2,444,203 (including closing costs of $50,516). The building is leased through October 31, 2027 plus four future five year extensions effective on November 1, 2027, November 1, 2032, November 1, 2037 and November 1, 2042. The terms of the lease have the lessee responsible for paying real estate taxes, building insurance and building and ground maintenance. The monthly lease payments were as follows: $14,661 in 2014; $14,881 in 2015; $15,104 in 2016; $15,331 in 2017; $15,561 in 2018 and $15,794 in 2019.
	In December 2013, TLIC also purchased one acre of land in Norman, Oklahoma that included a 9,100 square foot building constructed on approximately 18% of this land at a cost of $1,519,431 (including closing costs of $37,931). The building is leased through August 31, 2028 plus three future five year extensions on September 1, 2028, September 1, 2033 and September 1, 2038. The terms of the lease have the lessee responsible for paying real estate taxes, building insurance and building and ground maintenance. The monthly lease payments were $8,004 through August 31, 2028.
	In February 2014, TLIC purchased one acre of land in Houston, Texas that included a 9,195 square foot building constructed on approximately 25% of this land at a cost of $977,013 (including closing costs of $31,063). The building is leased through December 31, 2023 plus four future five year extensions effective on January 1, 2024, January 1, 2029, January 1, 2034 and January 1, 2039. The terms of the lease have the lessee responsible for paying real estate taxes and building insurance. TLIC is responsible for building and ground maintenance. The monthly lease payments were $5,833 through December 31, 2019.
	The $1,067,208 promissory note was collateralized (including assignment of the tenant leases) by the February 2014 TLIC purchase of three-fourths of an acre of land in Harrisonville, Missouri that included a 6,895 square foot building constructed on approximately 20% of this land at a cost of $1,752,397 (including closing costs of $44,864). The building is leased through October 31, 2028 plus three future five year extensions on November 1, 2028, November 1, 2033 and November 1, 2038. The terms of the lease have the lessee responsible for paying real estate taxes, building insurance and building and ground maintenance. The monthly lease payments were $9,463 through October 31, 2028.
	When the two promissory notes were originated on March 26, 2014, $106,889 of loan origination fees were capitalized with amortization of the capitalized loan origination fees during the 36 month term of the loan. For the year ended December 31, 2014, $26,722 of the loan origination fees has been amortized and the unamortized loan origination fees as of December 31, 2014 were $80,167. The Company incurred $137,581 of interest expense during 2014 on these two notes payable. In connection with the repayments of the two notes payable on March 11, 2015, the Company expensed the loan origination fees remaining as of March 11, 2015 of $72,744. During the period from January 1, 2015 to March 11, 2015, the Company incurred interest expense of $35,181 on the two notes payable and amortized $7,423 of loan origination fees.

Note_5_Segment_Data

Note 5 - Segment Data	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	5. Segment Data
	The Company has a life insurance segment, consisting of the life insurance operations of TLIC and FBLIC, an annuity segment, consisting of the annuity operations of TLIC and FBLIC and a corporate segment. Results for the parent company and the operations of FTCC, after elimination of intercompany amounts, are allocated to the corporate segment. These segments as of March 31, 2015 and December 31, 2014 and for the three months ended March 31, 2015 and 2014 are summarized as follows:
		Three Months Ended March 31, (Unaudited)
		2015		2014
	Revenues:
	Life insurance operations	$	2,863,686	$	2,513,377
	Annuity operations		2,184,075		1,661,238
	Corporate operations		108,926		116,053
	Total	$	5,156,687	$	4,290,668
	Income (loss) before income taxes:
	Life insurance operations	$	102,186	$	(10,567	)
	Annuity operations		115,505		224,041
	Corporate operations		161,648		52,024
	Total	$	379,339	$	265,498
	Depreciation and amortization expense:
	Life insurance operations	$	345,614	$	355,287
	Annuity operations		194,702		149,953
	Corporate operations		12,726		3,343
	Total	$	553,042	$	508,583
		(Unaudited)
		31-Mar-15		31-Dec-14
	Assets:
	Life insurance operations	$	44,720,182	$	44,448,441
	Annuity operations		178,672,412		167,947,889
	Corporate operations		6,434,404		6,604,838
	Total	$	229,826,998	$	219,001,168

Note_6_Federal_Income_Taxes

Note 6 - Federal Income Taxes	3 Months Ended
	Mar. 31, 2015
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 2011 through 2014 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_Legal_Matters_and_Conti

Note 7 - Legal Matters and Contingent Liabilities	3 Months Ended
	Mar. 31, 2015
Loss Contingency [Abstract]
Contingencies Disclosure [Text Block]	7. Legal Matters and Contingent Liabilities
	The Company and Chairman, President and Chief Executive Officer, Gregg E. Zahn, filed an action in the District Court of Tulsa County, Oklahoma in 2013, Case No. CJ-2013-03385, against former Company Board of Directors member, Wayne Pettigrew and Mr. Pettigrew’s company, Group & Pension Planners, Inc. (the “Defendants”).  The petition filed in the case alleges that Mr. Pettigrew, during and after the time he was a member of the Company’s Board of Directors, made defamatory statements regarding the Company and Mr. Zahn and committed breaches of his fiduciary duties to the Company.  The defendants are alleged to have made defamatory statements to certain shareholders of the Company, to the press and to the Oklahoma Insurance Department and the Oklahoma Department of Securities.  Mr. Pettigrew has denied the allegations.
	The Board of Directors, represented by independent counsel, concluded that there was no action to be taken against Mr. Zahn and that the allegations by Mr. Pettigrew were without substance.  The Company has been informed by the Oklahoma Insurance Department that it would take no action and was also informed that the Oklahoma Department of Securities, after its investigation of the allegations, concluded that no proceedings were needed with respect to the alleged matters.
	It is the Company’s intention to vigorously prosecute this action against the Defendants for damages and for the correction of the defamatory statements.  In the opinion of the Company’s management, the ultimate resolution of any contingencies that may arise from this litigation is not considered material in relation to the financial position or results of operations of the Company.
	Prior to its acquisition by TLIC, FBLIC developed, marketed, and sold life insurance products known as “Decreasing Term to 95” policies. On January 17, 2013, FBLIC’s Board of Directors voted that, effective March 1, 2013, it was not approving, and therefore was not providing, a dividend for the Decreasing Term to 95 policies. On November 22, 2013, three individuals who owned Decreasing Term to 95 policies filed a Petition in the Circuit Court of Greene County, Missouri asserting claims against FBLIC relating to FBLIC’s decision to not provide a dividend under the Decreasing Term to 95 policies.
	The Petition asserts claims for breach of contract and anticipatory breach of contract and alleges that FBLIC breached, and will anticipatorily breach, the Decreasing Term to 95 policies of insurance by not providing a dividend sufficient to purchase a one year term life insurance policy which would keep the death benefit under the Decreasing Term to 95 policies the same as that provided during the first year of coverage under the policy. In addition to these claims, the Petition asserts claims for negligent misrepresentation, fraud, and violation of the Missouri Merchandising Practices Act (“MMPA”). It alleges that during its sale of the Decreasing Term to 95 policies, FBLIC represented that the owners of these policies would always be entitled to dividends to purchase a one-year term life insurance policy and that the owners would have a level death benefit without an increase in premium.
	The Petition also seeks to certify a class of individuals with similar claims but no class has been certified by the Court. FBLIC denies the allegations in the Petition and will continue to defend against them. It is the Company’s intention to vigorously defend the request for class certification, as well as to defend vigorously against the individual allegations. FBLIC filed a motion for partial summary judgment seeking summary judgment on the claims for violation of MMPA. This motion for partial summary judgment asked the court to declare that the MMPA does not apply to insurance companies such as FBLIC and enter judgment for FBLIC on the petition. A hearing for the motion of summary judgment was held on February 25, 2015 and it was subsequently denied by the court on March 2, 2015. The Company is unable to determine the potential magnitude of the claims in the event of a final certification and the plaintiffs prevailing on this substantive action.

Note_8_Other_Comprehensive_Inc

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [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 months ended March 31, 2015 and 2014 are summarized as follows:
			Three Months Ended March 31, 2015 and 2014 (Unaudited)
			Unrealized						Accumulated
			Appreciation on			Adjustment to			Other
			Available-For-Sale			Deferred Acquisition			Comprehensive
			Securities			Costs			Income
	Balance as of January 1, 2015		$	2,712,694		$	(29,151	)	$	2,683,543
	Other comprehensive income before reclassifications, net of tax			868,576			(13,990	)		854,586
	Less amounts reclassified from accumulated other comprehensive income, net of tax			18,199			-			18,199
	Other comprehensive income			850,377			(13,990	)		836,387
	Balance as of March 31, 2015		$	3,563,071		$	(43,141	)	$	3,519,930
	Balance as of January 1, 2014		$	1,888,498		$	(10,341	)	$	1,878,157
	Other comprehensive income before reclassifications, net of tax			1,323,988			(7,608	)		1,316,380
	Less amounts reclassified from accumulated other comprehensive income, net of tax			237,252			-			237,252
	Other comprehensive income			1,086,736			(7,608	)		1,079,128
	Balance as of March 31, 2014		$	2,975,234		$	(17,949	)	$	2,957,285
	The pretax components of the Company’s other comprehensive income and the related income tax expense for each component for the three months ended March 31, 2015 and 2014 are summarized as follows:
			Three Months Ended March 31, 2015 (Unaudited)
						Income Tax
						Expense
			Pretax			(Benefit)			Net of Tax
	Other comprehensive income:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding gains arising during the period		$	1,085,720		$	217,144		$	868,576
	Reclassification adjustment for gains included in income			(22,749	)		(4,550	)		(18,199	)
	Net unrealized gains on investments			1,062,971			212,594			850,377
	Adjustment to deferred acquisition costs			(17,489	)		(3,499	)		(13,990	)
	Total other comprehensive income		$	1,045,482		$	209,095		$	836,387
			Three Months Ended March 31, 2014 (Unaudited)
						Income Tax
						Expense
			Pretax			(Benefit)			Net of Tax
	Other comprehensive income:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding gains arising during the period		$	1,654,985		$	330,997		$	1,323,988
	Reclassification adjustment for gains included in income			(296,565	)		(59,313	)		(237,252	)
	Net unrealized gains on investments			1,358,420			271,684			1,086,736
	Adjustment to deferred acquisition costs			(9,510	)		(1,902	)		(7,608	)
	Total other comprehensive income		$	1,348,910		$	269,782		$	1,079,128
	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 months ended March 31, 2015 and 2014 are summarized as follows:
			Three Months Ended March 31, (Unaudited)
	Reclassification Adjustments		2015			2014
	Unrealized gains on available-for-sale securities:
	Realized gains on sales of securities (a)		$	22,749		$	296,565
	Income tax expenses (b)			4,550			59,313
	Total reclassification adjustments		$	18,199		$	237,252
	(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.
	First Trinity Financial Corporation and Subsidiaries

Note_9_Allowance_for_Loan_Loss

Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing	3 Months Ended
	Mar. 31, 2015
Premiums Receivable Disclosure [Abstract]
Premiums Receivable Note [Text Block]	9. Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing
	The allowance for possible loan losses from investments in mortgage loans on real estate and loans from premium financing is a reserve established through a provision for possible loan losses charged to expense which represents, in the Company’s judgment, the known and inherent credit losses existing in the residential and commercial mortgage loan and premium financing loan portfolios. The allowance, in the judgment of the Company, is necessary to reserve for estimated loan losses inherent in the residential and commercial mortgage loan and premium finance loan portfolios and reduces the carrying value of investments in mortgage loans on real estate and premium finance loans to the estimated net realizable value on the consolidated statement of financial position.
	While the Company utilizes its best judgment and information available, the ultimate adequacy of the allowance is dependent upon a variety of factors beyond the Company’s control, including the performance of the residential and commercial mortgage loan and premium finance loan portfolios, the economy and changes in interest rates. The Company’s allowance for possible mortgage loan and premium finance loan losses consists of specific valuation allowances established for probable losses on specific loans and a portfolio reserve for probable incurred but not specifically identified loans.
	Mortgage loans and premium finance loans are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the mortgage loan or premium finance loan agreement. Factors considered by the Company in determining impairment include payment status, collateral value of the real estate subject to the mortgage loan, and the probability of collecting scheduled principal and interest payments when due. Mortgage loans and premium finance loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired.
	The Company determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the mortgage loan or premium finance loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis.
	As of March 31, 2015, $538,589 of independent mortgage loan balances are held in escrow by a third party for the benefit of the Company related to its investment in $15,327,247 of mortgage loans on real estate with one loan originator. In addition, the Company has an additional $151,069 allowance for possible loan losses in the remaining $30,252,262 of investments in mortgage loans on real estate as of March 31, 2015. As of December 31, 2014, $540,049 of independent mortgage loan balances are held in escrow by a third party for the benefit of the Company related to its investment in $12,892,150 of mortgage loans on real estate with one loan originator. In addition, the Company had an additional $126,466 allowance for possible loan losses in the remaining $25,757,583 of investments in mortgage loans on real estate as of December 31, 2014.
	Through June 30, 2012, FTCC financed amounts up to 80% of the premium on property and casualty insurance policies after a 20% or greater down payment was made by the policy owner. The premiums financed were collateralized by the amount of the unearned premium of the insurance policy. Policies that became delinquent were submitted for cancellation and recovery of the unearned premium, up to the amount of the loan balance, 25 days after a payment became delinquent. Loans from premium financing of $321,244 as of both March 31, 2015 and December 31, 2014, respectively, are carried net of estimated loan losses of $197,358 as of both March 31, 2015 and December 31, 2014, respectively. The Company has made no premium financing loans since June 30, 2012. FTCC currently has no operations other than minor premium refunds, collections of past due accounts and accounts involved in litigation.
	The balances of and changes in the Company’s credit losses related to mortgage loans on real estate and loans from premium financing as of and for the three months ended March 31, 2015 and 2014 are summarized as follows:
			As of and for the Three Months Ended March 31,
			Residential Mortgage Loans				Commercial Mortgage Loans					Premium Finance Loans				Total
			2015		2014		2015			2014		2015		2014		2015		2014
	Allowance, beginning		$	116,604	$	50,210	$	9,862		$	7,985	$	197,358	$	206,858	$	323,824	$	265,053
	Charge offs			-		-		-			-		-		-		-		-
	Recoveries			-		-		-			-		-		-		-		-
	Provision			24,791		15,188		(188	)		2,415		-		-		24,603		17,603
	Allowance, ending		$	141,395	$	65,398	$	9,674		$	10,400	$	197,358	$	206,858	$	348,427	$	282,656
	Allowance, ending:
	Individually evaluated for impairment		$	-	$	-	$	-		$	-	$	192,876	$	202,376	$	192,876	$	202,376
	Collectively evaluated for impairment		$	141,395	$	65,398	$	9,674		$	10,400	$	4,482	$	4,482	$	155,551	$	80,280
	Carrying Values:
	Individually evaluated for impairment		$	-	$	-	$	-		$	-	$	316,762	$	335,761	$	316,762	$	335,761
	Collectively evaluated for impairment		$	43,654,397	$	21,107,941	$	1,925,112		$	2,079,568	$	4,482	$	4,482	$	45,583,991	$	23,191,991
	The Company utilizes the ratio of the carrying value of individual residential and commercial mortgage loans compared to the individual appraisal value to evaluate the credit quality of its mortgage loans on real estate (commonly referred to as the loan-to-value ratio). The Company’s residential and commercial mortgage loans on real estate by credit quality using this ratio as of March 31, 2015 and December 31, 2014 are summarized as follows:
					Residential Mortgage Loans					Commercial Mortgage Loans				Total Mortgage Loans
	Loan to Value Ratio				31-Mar-15		31-Dec-14			31-Mar-15		31-Dec-14		31-Mar-15		31-Dec-14
	71%	to	80%		$	11,630,199	$	9,049,051		$	-	$	-	$	11,630,199	$	9,049,051
	61%	to	70%			14,210,799		11,129,632			930,747		938,703		15,141,546		12,068,335
	51%	to	60%			6,953,329		6,176,648			197,952		201,352		7,151,281		6,378,000
	41%	to	50%			8,652,742		7,734,658			398,053		409,338		9,050,795		8,143,996
	31%	to	40%			1,408,933		1,635,865			398,360		405,152		1,807,293		2,041,017
	21%	to	30%			288,338		448,381			-		-		288,338		448,381
	11%	to	20%			383,504		87,634			-		-		383,504		87,634
	1%	to	10%			126,553		425,271			-		8,048		126,553		433,319
		Total			$	43,654,397	$	36,687,140		$	1,925,112	$	1,962,593	$	45,579,509	$	38,649,733

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	3 Months Ended	135 Months Ended
	Mar. 31, 2015	Mar. 31, 2015
Accounting Policies [Abstract]
Stockholders' Equity, Policy [Policy Text Block]	Company Capitalization
	The Company raised $1,450,000 from two private placement stock offerings during 2004 and $25,669,480 from two public stock offerings and one private placement stock offering from June 22, 2005 through February 23, 2007; June 29, 2010 through April 30, 2012; and August 15, 2012 through March 8, 2013. The Company issued 7,347,488 shares of its common stock and incurred $3,624,518 of offering costs during these private placements and public stock offerings.
	The Company also issued 702,705 shares of its common stock in connection with two stock dividends paid to shareholders in 2011 and 2012 that resulted in accumulated earnings being charged $5,270,288 with an offsetting credit of $5,270,288 to common stock and additional paid-in capital. The historic impact of these two stock dividend charges of $5,270,288 decreased during 2011 and 2012 the balance of accumulated earnings and resulted in a reported balance as of March 31, 2015 of $2,979,879, as shown in the accumulated earnings caption in the March 31, 2015 consolidated statement of financial position.
	The Company has also purchased 247,580 shares of treasury stock at a cost of $893,947 from former members of the Board of Directors including the former Chairman of the Board of Directors, a former agent, the former spouse of the Company’s Chairman, Chief Executive Officer and President and a charitable organization where a former member of the Board of Directors had donated shares of the Company’s common stock.
Business Combinations Policy [Policy Text Block]		Acquisition of Other Companies
		On December 23, 2008, FTFC acquired 100% of the outstanding common stock of First Life America Corporation (“FLAC”) from an unaffiliated company. The acquisition of FLAC was accounted for as a purchase. The aggregate purchase price for FLAC was approximately $2,695,000 (including direct cost associated with the acquisition of approximately $195,000). The acquisition of FLAC was financed with the working capital of FTFC. On December 31, 2008, FTFC made FLAC a 15 year loan in the form of a surplus note in the amount of $250,000 with an interest rate of 6% payable monthly, that was approved by the Oklahoma Insurance Department (“OID”). This surplus note is eliminated in consolidation.
		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 TLIC.
		On December 28, 2011, TLIC acquired 100% of the outstanding common stock of FBLIC from FBLIC’s shareholders. The acquisition of FBLIC was accounted for as a purchase. The aggregate purchase price for the acquisition of FBLIC was $13,855,129. The acquisition of FBLIC was financed with the working capital of TLIC.
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 months ended March 31, 2015 are not necessarily indicative of the results to be expected for the year ended December 31, 2015 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, 2014.
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.
Common Stock Policy [Policy Text Block]	Common Stock
	Common stock is fully paid, non-assessable and has a par value of $.01 per share.
Treasury Stock [Policy Text Block]	Treasury Stock
	Treasury stock represents shares of the Company’s common stock that have been reacquired after having been issued and fully paid, is recorded at the reacquisition cost and are no longer outstanding.
Subsequent Events, Policy [Policy Text Block]	Subsequent Events
	Management has evaluated all events subsequent to March 31, 2015 through the date that these financial statements have been issued. On April 15, 2015, the Company loaned $400,000 to its former Chairman. The loan has a term of one year and has a contractual interest rate of 5.50%. The loan is collateralized by 100,000 shares of the Company’s Class A Common stock owned by the former Chairman.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements
	Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued revised guidance to reduce diversity in practice for reporting discontinued operations. Under the previous guidance, any component of an entity that was a reportable segment, an operating segment, a reporting unit, a subsidiary or an asset group was eligible for discontinued operations presentation.
	The revised guidance only allows disposals of components of an entity that represent a strategic shift (e.g., disposal of a major geographical area, a major line of business, a major equity method investment or other major parts of an entity) and that have a major effect on a reporting entity's operations and financial results to be reported as discontinued operations. The revised guidance also requires expanded disclosure in the financial statements for discontinued operations as well as for disposals of significant components of an entity that do not qualify for discontinued operations presentation.
	The updated guidance is effective for the quarter ending March 31, 2015. The adoption of this guidance did not have a material effect on the Company's results of operations, financial position or liquidity.
	Revenue from Contracts with Customers
	In May 2014, the FASB issued updated guidance to clarify the principles for recognizing revenue. While insurance contracts are not within the scope of this updated guidance, the Company's fee income related to providing services will be subject to this updated guidance. The updated guidance requires an entity to recognize revenue as performance obligations are met, in order to reflect the transfer of promised goods or services to customers in an amount that reflects the consideration the entity is entitled to receive for those goods or services.
	The following steps are applied in the updated guidance: (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract and (5) recognize revenue when, or as, the entity satisfies a performance obligation.
	The updated guidance is effective for the quarter ending March 31, 2017. The adoption of this guidance is not expected to have a material effect on the Company's results of operations, financial position or liquidity.
	Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period
	In June 2014, the FASB issued updated guidance to resolve diversity in practice concerning employee share-based payments that contain performance targets that could be achieved after the requisite service period. Many reporting entities account for performance targets that could be achieved after the requisite service period as performance conditions that affect the vesting of the award and, therefore, do not reflect the performance targets in the estimate of the grant-date fair value of the award. Other reporting entities treat those performance targets as nonvesting conditions that affect the grant-date fair value of the award.
	The updated guidance requires that a performance target that affects vesting and that can be achieved after the requisite service period be treated as a performance condition. As such, the performance target that affects vesting should not be reflected in estimating that fair value of the award at the grant date. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the periods for which service has been rendered. If the performance target becomes probable of being achieved before the end of the service period, the remaining unrecognized compensation cost for which requisite service has not yet been rendered is recognized prospectively over the remaining service period. The total amount of compensation cost recognized during and after the service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest.
	The updated guidance is effective for annual and interim periods beginning after December 15, 2015, with early adoption permitted. The adoption of this guidance is not expected to have a material effect on the Company's results of operations, financial position or liquidity.
	Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern
	In August 2014, the FASB issued guidance to address the diversity in practice in determining when there is substantial doubt about an entity's ability to continue as a going concern and when an entity must disclose certain relevant conditions and events. The new guidance requires an entity to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued (or available to be issued). The new guidance allows the entity to consider the mitigating effects of management's plans that will alleviate the substantial doubt and requires certain disclosures when substantial doubt is alleviated as a result of consideration of management's plans.
	If conditions or events raise substantial doubt that is not alleviated, an entity should disclose that there is substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued (or available to be issued), along with the principal conditions or events that raise substantial doubt, management's evaluation of the significance of those conditions or events in relation to the entity's ability to meet its obligations and management's plans that are intended to mitigate those conditions.
	The guidance is effective for annual periods ending after December 15, 2016, and interim and annual periods thereafter.
	Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity
	In November 2014, the FASB issued updated guidance to clarify when the separation of certain embedded derivative features in a hybrid financial instrument that is issued in the form of a share is required. That is, an entity will continue to evaluate whether the economic characteristics and risks of the embedded derivative feature are clearly and closely related to those of the host contract. Specifically, the amendments clarify that an entity should consider all relevant terms and features, including the embedded derivative feature being evaluated for bifurcation, in evaluating the nature of the host contract. Furthermore, the amendments clarify that no single term or feature would necessarily determine the economic characteristics and risks of the host contract. Rather, the nature of the host contract depends upon the economic characteristics and risks of the entire hybrid financial instrument.
	The updated guidance is effective for reporting periods beginning after December 15, 2015. Early adoption is permitted. The adoption of this guidance is not expected to have a material effect on the Company's results of operations, financial position or liquidity.
	Receivables – Troubled Debt Restructurings by Creditors
	In January 2014, the FASB issued updated guidance for troubled debt restructurings clarifying when an in substance repossession or foreclosure occurs, and when a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan. The new guidance is effective for annual periods and interim periods within those annual periods, beginning after December 15, 2015. This guidance can be elected for prospective adoption or by using a retrospective transition method. The adoption of this guidance is not expected to have a material effect on the Company's results of operations, financial position or liquidity.
	Amendments to the Consolidation Analysis
	In February 2015, the FASB issued updated guidance that makes targeted amendments to the current consolidation accounting guidance. The update is in response to accounting complexity concerns, particularly from the asset management industry. The guidance simplifies consolidation accounting by reducing the number of approaches to consolidation, provides a scope exception to registered money market funds and similar unregistered money market funds and ends the indefinite deferral granted to investment companies from applying the variable interest entity guidance.
	The updated guidance is effective for annual and interim periods beginning after December 15, 2015. The adoption of this guidance is not expected to have a material effect on the Company’s results of operations, financial position or liquidity.
	Simplifying the Presentation of Debt Issuance Costs
	In April 2015, the FASB issued updated guidance to clarify the required presentation of debt issuance costs.   The amended guidance requires that debt issuance costs be presented in the balance sheet as a direct reduction from the carrying amount of the recognized debt liability, consistent with the treatment of debt discounts.   Amortization of debt issuance costs is to be reported as interest expense.   The recognition and measurement guidance for debt issuance costs are not affected by the updated guidance.
	The updated guidance is effective for reporting periods beginning after December 15, 2015.   Early adoption is permitted.  The adoption of this guidance will not have any effect on the Company’s results of operations, financial position or liquidity.

Note_2_Investments_Tables

Note 2 - Investments (Tables)	3 Months Ended
	Mar. 31, 2015
Note 2 - Investments (Tables) [Line Items]
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]					Gross			Gross
		Amortized			Unrealized			Unrealized			Fair
	March 31, 2015 (Unaudited)	Cost			Gains			Losses			Value
	Fixed maturity securities
	U.S. government and U.S. government agencies	$	2,660,706		$	161,883		$	30,894		$	2,791,695
	States and political subdivisions		1,638,578			36,652			3,523			1,671,707
	Residential mortgage-backed securities		66,318			53,134			-			119,452
	Corporate bonds		91,767,774			4,538,852			778,313			95,528,313
	Foreign bonds		12,079,533			502,975			173,673			12,408,835
	Total fixed maturity securities		108,212,909			5,293,496			986,403			112,520,002
					Gross			Gross
					Unrealized			Unrealized			Fair
	Equity securities	Cost			Gains			Losses			Value
	Mutual funds		83,081			454			-			83,535
	Corporate preferred stock		256,299			6,555			320			262,534
	Corporate common stock		186,521			140,058			-			326,579
	Total equity securities		525,901			147,067			320			672,648
	Total fixed maturity and equity securities	$	108,738,810		$	5,440,563		$	986,723		$	113,192,650
					Gross			Gross
		Amortized			Unrealized			Unrealized			Fair
	31-Dec-14	Cost			Gains			Losses			Value
	Fixed maturity securities
	U.S. government and U.S. government agencies	$	2,650,994		$	168,071		$	69,052		$	2,750,013
	States and political subdivisions		1,184,034			20,982			863			1,204,153
	Residential mortgage-backed securities		68,242			62,193			-			130,435
	Corporate bonds		92,367,191			3,711,276			885,169			95,193,298
	Foreign bonds		11,141,861			426,197			194,528			11,373,530
	Total fixed maturity securities		107,412,322			4,388,719			1,149,612			110,651,429
					Gross			Gross
					Unrealized			Unrealized			Fair
	Equity securities	Cost			Gains			Losses			Value
	Mutual funds		80,879			2,586			-			83,465
	Corporate preferred stock		254,502			3,273			1,700			256,075
	Corporate common stock		184,214			147,603			-			331,817
	Total equity securities		519,595			153,462			1,700			671,357
	Total fixed maturity and equity securities	$	107,931,917		$	4,542,181		$	1,151,312		$	111,322,786
Schedule of Unrealized Loss on Investments [Table Text Block]					Unrealized			Number of
	March 31, 2015 (Unaudited)	Fair Value			Loss			Securities
	Fixed maturity securities
	Less than 12 months
	States and political subdivisions	$	300,289		$	3,523			2
	Corporate bonds		7,558,260			443,485			28
	Foreign bonds		3,070,382			173,673			14
	Total less than 12 months		10,928,931			620,681			44
	More than 12 months
	U.S. government and U.S. government agencies		1,099,106			30,894			2
	Corporate bonds		2,705,235			334,828			14
	Total more than 12 months		3,804,341			365,722			16
	Total fixed maturity securities		14,733,272			986,403			60
	Equity securities
	Less than 12 months
	Corporate preferred stock		49,680			320			1
	Total equity securities		49,680			320			1
	Total fixed maturity and equity securities	$	14,782,952		$	986,723			61
					Unrealized			Number of
	31-Dec-14	Fair Value			Loss			Securities
	Fixed maturity securities
	Less than 12 months
	Corporate bonds	$	12,258,681		$	477,590			47
	Foreign bonds		3,446,676			194,528			16
	Total less than 12 months		15,705,357			672,118			63
	More than 12 months
	U.S. government and U.S. government agencies		1,360,948			69,052			3
	States and political subdivisions		105,569			863			1
	Corporate bonds		2,761,555			407,579			14
	Total more than 12 months		4,228,072			477,494			18
	Total fixed maturity securities		19,933,429			1,149,612			81
	Equity securities
	Greater than 12 months
	Corporate preferred stock		48,300			1,700			1
	Total equity securities		48,300			1,700			1
	Total fixed maturity and equity securities	$	19,981,729		$	1,151,312			82
Unrealized Gain (Loss) on Investments [Table Text Block]		(Unaudited)
		31-Mar-15			31-Dec-14
	Unrealized appreciation on available-for-sale securities	$	4,453,840		$	3,390,869
	Adjustment to deferred acquisition costs		(53,929	)		(36,440	)
	Deferred income taxes		(879,981	)		(670,886	)
	Net unrealized appreciation on available-for-sale securities	$	3,519,930		$	2,683,543
Realized Gain (Loss) on Investments [Table Text Block]		Three Months Ended March 31, (Unaudited)
		Fixed Maturity Securities						Equity Securities						Mortgage Loans on Real Estate				Investment Real Estate
		2015			2014			2015			2014			2015		2014		2015		2014
	Proceeds	$	1,188,229		$	3,430,330		$	526,284		$	-		$	1,550,599	$	709,836	$	7,083,246	$	-
	Gross realized gains		25,841			279,570			996			-			11,051		17,961		390,202		-
	Gross realized losses		(1,192	)		(966	)		(2,896	)		-			-		-		-		-
Available-for-sale Securities [Table Text Block]		Three Months Ended March 31, (Unaudited)
		2015			2014
	Change in unrealized investment gains:
	Available-for-sale securities:
	Fixed maturity securities	$	1,067,986		$	1,363,002
	Equity securities		(5,015	)		(4,582	)
	Net realized investment gains (losses):
	Available-for-sale securities:
	Fixed maturity securities		24,649			278,604
	Equity securities		(1,900	)		-
	Mortgage loans on real estate		11,051			17,961
	Investment real estate		390,202			-
Investment Income [Table Text Block]		Three Months Ended March 31, (Unaudited)
		2015			2014
	Fixed maturity securities	$	1,173,781		$	1,119,896
	Equity securities		11,529			10,657
	Other long-term investments		414,242			415,411
	Mortgage loans		956,144			453,972
	Policy loans		25,141			24,943
	Real estate		187,588			173,195
	Short-term and other investments		48,192			36,297
	Gross investment income		2,816,617			2,234,371
	Investment expenses		(409,057	)		(263,563	)
	Net investment income	$	2,407,560		$	1,970,808
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]		31-Mar-15						31-Dec-14
		Amount			Percentage			Amount			Percentage
	Commercial mortgage loans
	Retail stores	$	1,603,192			3.52	%	$	1,635,412			4.23	%
	Office buildings		321,920			0.7	%		327,181			0.85	%
	Total commercial mortgage loans		1,925,112			4.22	%		1,962,593			5.08	%
	Residential mortgage loans		43,654,397			95.78	%		36,687,140			94.92	%
	Total mortgage loans	$	45,579,509			100	%	$	38,649,733			100	%
Schedule of Real Estate Properties [Table Text Block]		31-Mar-15			31-Dec-14
	Land - held for the production of income	$	213,160		$	213,160
	Land - held for sale		750,047			2,034,478
	Total land		963,207			2,247,638
	Building - held for the production of income		2,267,557			2,267,557
	Less - accumulated depreciation		(795,090	)		(758,718	)
	Buildings net of accumulated depreciation		1,472,467			1,508,839
	Building - held for sale		-			5,408,613
	Total buildings		1,472,467			6,917,452
	Investment real estate, net of accumulated depreciation	$	2,435,674		$	9,165,090
Available-for-sale Fixed Maturity Securities [Member]
Note 2 - Investments (Tables) [Line Items]
Investments Classified by Contractual Maturity Date [Table Text Block]		March 31, 2015 (Unaudited)
		Fixed Maturity Available-For-Sale Securities						Other Long-Term Investments
		Amortized Cost			Fair Value			Amortized Cost			Fair Value
	Due in one year or less	$	2,754,581		$	2,801,862		$	3,915,108		$	3,976,523
	Due in one year through five years		36,096,965			38,044,550			9,452,822			10,405,428
	Due after five years through ten years		53,807,893			55,404,752			6,632,945			8,482,488
	Due after ten years		15,487,152			16,149,386			3,047,335			4,705,400
	Due at multiple maturity dates		66,318			119,452			-			-
		$	108,212,909		$	112,520,002		$	23,048,210		$	27,569,839

Note_3_Fair_Value_Measurements1

Note 3 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	March 31, 2015 (Unaudited)	Level 1		Level 2		Level 3		Total
	Fixed maturity securities, available-for-sale
	U.S. government and U.S. government agencies	$	-	$	2,791,695	$	-	$	2,791,695
	States and political subdivisions		-		1,671,707		-		1,671,707
	Residential mortgage-backed securities		-		119,452		-		119,452
	Corporate bonds		-		95,528,313		-		95,528,313
	Foreign bonds		-		12,408,835		-		12,408,835
	Total fixed maturity securities	$	-	$	112,520,002	$	-	$	112,520,002
	Equity securities, available-for-sale
	Mutual funds	$	3,592	$	79,943	$	-	$	83,535
	Corporate preferred stock		209,554		52,980		-		262,534
	Corporate common stock		280,079		-		46,500		326,579
	Total equity securities	$	493,225	$	132,923	$	46,500	$	672,648
	31-Dec-14	Level 1		Level 2		Level 3		Total
	Fixed maturity securities, available-for-sale
	U.S. government and U.S. government agencies	$	-	$	2,750,013	$	-	$	2,750,013
	States and political subdivisions		-		1,204,153		-		1,204,153
	Residential mortgage-backed securities		-		130,435		-		130,435
	Corporate bonds		-		95,193,298		-		95,193,298
	Foreign bonds		-		11,373,530		-		11,373,530
	Total fixed maturity securities	$	-	$	110,651,429	$	-	$	110,651,429
	Equity securities, available-for-sale
	Mutual funds	$	3,592	$	79,873	$	-	$	83,465
	Corporate preferred stock		203,999		52,076		-		256,075
	Corporate common stock		285,317		-		46,500		331,817
	Total equity securities	$	492,908	$	131,949	$	46,500	$	671,357
Fair Value, by Balance Sheet Grouping [Table Text Block]		March 31, 2015 (Unaudited)
		Carrying		Fair
		Amount		Value		Level 1		Level 2		Level 3
	Financial assets
	Mortgage loans on real estate
	Commercial	$	1,925,112	$	1,958,153	$	-	$	-	$	1,958,153
	Residential		43,654,397		45,872,031		-		-		45,872,031
	Policy loans		1,461,576		1,461,576		-		-		1,461,576
	Short-term investments		1,141,837		1,141,837		1,141,837		-		-
	Other long-term investments		23,048,210		27,569,839		-		-		27,569,839
	Cash and cash equivalents		17,621,797		17,621,797		17,621,797		-		-
	Accrued investment income		1,756,739		1,756,739		-		-		1,756,739
	Loans from premium financing		123,886		123,886		-		-		123,886
	Total financial assets	$	90,733,554	$	97,505,858	$	18,763,634	$	-	$	78,742,224
	Financial liabilities
	Policyholders' account balances	$	151,496,179	$	132,634,781	$	-	$	-	$	132,634,781
	Policy claims		671,407		671,407		-		-		671,407
	Total financial liabilities	$	152,167,586	$	133,306,188	$	-	$	-	$	133,306,188
		31-Dec-14
		Carrying		Fair
		Amount		Value		Level 1		Level 2		Level 3
	Financial assets
	Mortgage loans on real estate
	Commercial	$	1,962,593	$	2,000,041	$	-	$	-	$	2,000,041
	Residential		36,687,140		38,613,679		-		-		38,613,679
	Policy loans		1,520,620		1,520,620		-		-		1,520,620
	Short-term investments		1,141,199		1,141,199		1,141,199		-		-
	Other long-term investments		21,781,925		25,912,178		-		-		25,912,178
	Cash and cash equivalents		10,158,386		10,158,386		10,158,386		-		-
	Accrued investment income		1,682,906		1,682,906		-		-		1,682,906
	Loans from premium financing		123,886		123,886		-		-		123,886
	Total financial assets	$	75,058,655	$	81,152,895	$	11,299,585	$	-	$	69,853,310
	Financial liabilities
	Policyholders' account balances	$	140,554,973	$	126,144,182	$	-	$	-	$	126,144,182
	Notes payable		4,076,473		4,076,473		-		-		4,076,473
	Policy claims		602,269		602,269		-		-		602,269
	Total financial liabilities	$	145,233,715	$	130,822,924	$	-	$	-	$	130,822,924

Note_4_Notes_Payable_Tables

Note 4 - Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]		31-Dec-14
	Promissory note payable to Grand Bank, secured by real estate and tenant leases located in Indiana, Oklahoma and Texas, 35 monthly payments of interest at 4.50% with a final payment in the 36th month of $3,009,265 of principal plus unpaid accrued interest at 4.50%, maturity date is March 26, 2017	$	3,009,265
	Promissory note payable to Grand Bank, secured by real estate and tenant leases located in Missouri, 35 monthly payments of interest at 4.50% with a final payment on the 36th month of $1,067,208 of principal plus unpaid accrued interest at 4.50%, maturity date is March 26, 2017		1,067,208
	Total promissory notes payable	$	4,076,473

Note_5_Segment_Data_Tables

Note 5 - Segment Data (Tables)	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]		Three Months Ended March 31, (Unaudited)
		2015		2014
	Revenues:
	Life insurance operations	$	2,863,686	$	2,513,377
	Annuity operations		2,184,075		1,661,238
	Corporate operations		108,926		116,053
	Total	$	5,156,687	$	4,290,668
	Income (loss) before income taxes:
	Life insurance operations	$	102,186	$	(10,567	)
	Annuity operations		115,505		224,041
	Corporate operations		161,648		52,024
	Total	$	379,339	$	265,498
	Depreciation and amortization expense:
	Life insurance operations	$	345,614	$	355,287
	Annuity operations		194,702		149,953
	Corporate operations		12,726		3,343
	Total	$	553,042	$	508,583
Reconciliation of Assets from Segment to Consolidated [Table Text Block]		(Unaudited)
		31-Mar-15		31-Dec-14
	Assets:
	Life insurance operations	$	44,720,182	$	44,448,441
	Annuity operations		178,672,412		167,947,889
	Corporate operations		6,434,404		6,604,838
	Total	$	229,826,998	$	219,001,168

Note_8_Other_Comprehensive_Inc1

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]		Three Months Ended March 31, 2015 and 2014 (Unaudited)
		Unrealized						Accumulated
		Appreciation on			Adjustment to			Other
		Available-For-Sale			Deferred Acquisition			Comprehensive
		Securities			Costs			Income
	Balance as of January 1, 2015	$	2,712,694		$	(29,151	)	$	2,683,543
	Other comprehensive income before reclassifications, net of tax		868,576			(13,990	)		854,586
	Less amounts reclassified from accumulated other comprehensive income, net of tax		18,199			-			18,199
	Other comprehensive income		850,377			(13,990	)		836,387
	Balance as of March 31, 2015	$	3,563,071		$	(43,141	)	$	3,519,930
	Balance as of January 1, 2014	$	1,888,498		$	(10,341	)	$	1,878,157
	Other comprehensive income before reclassifications, net of tax		1,323,988			(7,608	)		1,316,380
	Less amounts reclassified from accumulated other comprehensive income, net of tax		237,252			-			237,252
	Other comprehensive income		1,086,736			(7,608	)		1,079,128
	Balance as of March 31, 2014	$	2,975,234		$	(17,949	)	$	2,957,285
Comprehensive Income (Loss) [Table Text Block]		Three Months Ended March 31, 2015 (Unaudited)
					Income Tax
					Expense
		Pretax			(Benefit)			Net of Tax
	Other comprehensive income:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding gains arising during the period	$	1,085,720		$	217,144		$	868,576
	Reclassification adjustment for gains included in income		(22,749	)		(4,550	)		(18,199	)
	Net unrealized gains on investments		1,062,971			212,594			850,377
	Adjustment to deferred acquisition costs		(17,489	)		(3,499	)		(13,990	)
	Total other comprehensive income	$	1,045,482		$	209,095		$	836,387
		Three Months Ended March 31, 2014 (Unaudited)
					Income Tax
					Expense
		Pretax			(Benefit)			Net of Tax
	Other comprehensive income:
	Change in net unrealized gains on available-for-sale securities:
	Unrealized holding gains arising during the period	$	1,654,985		$	330,997		$	1,323,988
	Reclassification adjustment for gains included in income		(296,565	)		(59,313	)		(237,252	)
	Net unrealized gains on investments		1,358,420			271,684			1,086,736
	Adjustment to deferred acquisition costs		(9,510	)		(1,902	)		(7,608	)
	Total other comprehensive income	$	1,348,910		$	269,782		$	1,079,128
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]		Three Months Ended March 31, (Unaudited)
	Reclassification Adjustments	2015			2014
	Unrealized gains on available-for-sale securities:
	Realized gains on sales of securities (a)	$	22,749		$	296,565
	Income tax expenses (b)		4,550			59,313
	Total reclassification adjustments	$	18,199		$	237,252

Note_9_Allowance_for_Loan_Loss1

Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing (Tables)	3 Months Ended
	Mar. 31, 2015
Premiums Receivable Disclosure [Abstract]
Allowance for Credit Losses on Financing Receivables [Table Text Block]			As of and for the Three Months Ended March 31,
			Residential Mortgage Loans				Commercial Mortgage Loans					Premium Finance Loans				Total
			2015		2014		2015			2014		2015		2014		2015		2014
	Allowance, beginning		$	116,604	$	50,210	$	9,862		$	7,985	$	197,358	$	206,858	$	323,824	$	265,053
	Charge offs			-		-		-			-		-		-		-		-
	Recoveries			-		-		-			-		-		-		-		-
	Provision			24,791		15,188		(188	)		2,415		-		-		24,603		17,603
	Allowance, ending		$	141,395	$	65,398	$	9,674		$	10,400	$	197,358	$	206,858	$	348,427	$	282,656
	Allowance, ending:
	Individually evaluated for impairment		$	-	$	-	$	-		$	-	$	192,876	$	202,376	$	192,876	$	202,376
	Collectively evaluated for impairment		$	141,395	$	65,398	$	9,674		$	10,400	$	4,482	$	4,482	$	155,551	$	80,280
	Carrying Values:
	Individually evaluated for impairment		$	-	$	-	$	-		$	-	$	316,762	$	335,761	$	316,762	$	335,761
	Collectively evaluated for impairment		$	43,654,397	$	21,107,941	$	1,925,112		$	2,079,568	$	4,482	$	4,482	$	45,583,991	$	23,191,991
Financing Receivable Credit Quality Indicators [Table Text Block]					Residential Mortgage Loans					Commercial Mortgage Loans				Total Mortgage Loans
	Loan to Value Ratio				31-Mar-15		31-Dec-14			31-Mar-15		31-Dec-14		31-Mar-15		31-Dec-14
	71%	to	80%		$	11,630,199	$	9,049,051		$	-	$	-	$	11,630,199	$	9,049,051
	61%	to	70%			14,210,799		11,129,632			930,747		938,703		15,141,546		12,068,335
	51%	to	60%			6,953,329		6,176,648			197,952		201,352		7,151,281		6,378,000
	41%	to	50%			8,652,742		7,734,658			398,053		409,338		9,050,795		8,143,996
	31%	to	40%			1,408,933		1,635,865			398,360		405,152		1,807,293		2,041,017
	21%	to	30%			288,338		448,381			-		-		288,338		448,381
	11%	to	20%			383,504		87,634			-		-		383,504		87,634
	1%	to	10%			126,553		425,271			-		8,048		126,553		433,319
		Total			$	43,654,397	$	36,687,140		$	1,925,112	$	1,962,593	$	45,579,509	$	38,649,733

Note_1_Organization_and_Signif1

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

0 Months Ended

3 Months Ended

12 Months Ended

24 Months Ended

93 Months Ended

135 Months Ended

0 Months Ended

110 Months Ended

Dec. 28, 2011

Mar. 31, 2015

Mar. 31, 2014

Dec. 31, 2004

Dec. 31, 2012

Mar. 08, 2013

Mar. 31, 2015

Apr. 15, 2015

Dec. 23, 2008

Mar. 08, 2013

Dec. 31, 2014

Aug. 31, 2009

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

Proceeds from Issuance of Private Placement

$1,450,000

Number of Private Placements

2

1

Proceeds from Issuance Initial Public Offering

25,669,480

Number of Public Offerings

2

Common Stock Dividends, Shares (in Shares)

702,705

Number of Stock Dividends

2

Retained Earnings, Appropriated

2,979,879

2,979,879

Treasury Stock, Shares, Acquired (in Shares)

247,580

Treasury Stock, Value, Acquired, Cost Method

38,643

80,000

893,947

Business Combination, Consideration Transferred

13,855,129

Number of Subsidiaries Merged

2

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

$0.01

$0.01

$0.01

Common Class A [Member] | Collateralized Loan to Related Party [Member] | Subsequent Event [Member] | Former Chairman [Member]

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

Related Party Transactions, Common Stock as Collateral (in Shares)

100,000

Former Chairman [Member] | Collateralized Loan to Related Party [Member] | Subsequent Event [Member]

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

Related Party Transaction, Amounts of Transaction

400,000

Related Party Transaction, Term

1 year

Related Party Transaction, Rate

5.50%

Retained Earnings [Member]

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

Dividends

5,270,288

Common Stock Including Additional Paid in Capital [Member]

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

Stock Issued During Period, Value, Stock Dividend

5,270,288

Term Products, 10 Year [Member]

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

Term Products, Number of Years

10 years

Term Products, 15 Year [Member]

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

Term Products, Number of Years

15 years

Term Products, 20 Year [Member]

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

Term Products, Number of Years

20 years

Term Products, 30 Year [Member]

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

Term Products, Number of Years

30 years

First Life America Corporation [Member] | First Trinity Financial Corporation [Member]

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

Business Acquisition, Percentage of Voting Interests Acquired

100.00%

Business Combination, Consideration Transferred

2,695,000

Business Combination, Acquisition Related Costs

195,000

Debt Instrument, Term

15 years

Debt Instrument, Face Amount

250,000

Debt Instrument, Interest Rate, Stated Percentage

6.00%

Family Benefit Life Insurance Company [Member] | Trinity Life Insurance Company [Member]

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

Business Acquisition, Percentage of Voting Interests Acquired

100.00%

Trinity Life Insurance Company [Member] | Family Benefit Life Insurance Company [Member]

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

Wholly Owned Subsidiary, Ownership Percentage

100.00%

100.00%

First Life America Corporation [Member] | First Trinity Financial Corporation [Member]

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

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

7,347,488

Payments of Stock Issuance Costs

$3,624,518

Trinity Life Insurance Company [Member]

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

Wholly Owned Subsidiary, Ownership Percentage

100.00%

100.00%

First Trinity Capital Corporation [Member]

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

Wholly Owned Subsidiary, Ownership Percentage

100.00%

100.00%

Note_2_Investments_Details

Note 2 - Investments (Details) (USD $)	3 Months Ended		0 Months Ended	12 Months Ended	2 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 11, 2015	Dec. 31, 2014	Mar. 11, 2015	Dec. 31, 2013	Feb. 28, 2014
						sqft	acre
							sqft
Note 2 - Investments (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	61			82
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$986,723			$1,151,312
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	14,782,952			19,981,729
Escrow Deposit	3,966,145			3,954,696
Escrow Deposit Fair Value	4,105,198			4,057,740
Real Estate Investments, Net	2,435,674			9,165,090
Proceeds from Sale of Real Estate Held-for-investment	7,083,246
Repayments of Notes Payable	4,076,473
Amortization of Financing Costs	9,320	17,923
Lottery Prize Cash Flows [Member]
Note 2 - Investments (Details) [Line Items]
Other Investments	23,048,210			21,781,925
Debt Securities [Member] | Mining Industry Company [Member]
Note 2 - Investments (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	3
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	270,243
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	338,625
Available-for-sale Securities, Continuous Unrealized Loss Position, Amortized Cost	608,868
Fair Value to Cost Ratio	56.00%
Debt Securities [Member]
Note 2 - Investments (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	60			81
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	986,403			1,149,612
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	14,733,272			19,933,429
Available-for-sale Securities, Continuous Unrealized Loss Position, Amortized Cost	15,719,675			21,083,041
Fair Value to Cost Ratio	94.00%			95.00%
Fixed Maturity Securities, Investment Grade Percentage	93.00%			95.00%
Fixed Maturity Securities Excluding Mining Industry [Member] | Minimum [Member]
Note 2 - Investments (Details) [Line Items]
Fair Value to Cost Ratio	76.00%
Fixed Maturity Securities Excluding Mining Industry [Member]
Note 2 - Investments (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	57
Fair Value to Cost Ratio	95.00%
Equity Securities [Member]
Note 2 - Investments (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	1			1
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	320			1,700
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	49,680			48,300
Available-for-sale Securities, Continuous Unrealized Loss Position, Amortized Cost	50,000			50,000
Fair Value to Cost Ratio	99.00%			97.00%
Office Building [Member] | Held for the Production of Income [Member] | Trinity Life Insurance Company [Member] | Topeka, Kansas [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)	20,000
Retail Site [Member] | Assets Held-for-sale [Member] | Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)						3,975
Area of Real Estate Property, Percent						8.00%
Retail Site [Member] | Assets Held-for-sale [Member] | Trinity Life Insurance Company [Member] | Norman, Oklahoma [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)						9,100
Area of Real Estate Property, Percent						18.00%
Assets Held-for-sale [Member] | Trinity Life Insurance Company [Member] | Topeka, Kansas [Member]
Note 2 - Investments (Details) [Line Items]
Area of Land (in Acres)	5
Assets Held-for-sale [Member] | Trinity Life Insurance Company [Member] | Houston, Texas [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)							9,195
Area of Land (in Acres)							1
Area of Real Estate Property, Percent							25.00%
Assets Held-for-sale [Member] | Trinity Life Insurance Company [Member] | Harrisonville, Missouri [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)							6,895
Area of Real Estate Property, Percent							20.00%
Promissory Note Payable to Grand Bank Secured by Properties in Indiana Oklahoma Texas and Missouri [Member]
Note 2 - Investments (Details) [Line Items]
Real Estate Investments, Net			6,693,044	6,693,044	6,693,044
Gains (Losses) on Sales of Investment Real Estate			390,202
Proceeds from Sale of Real Estate Held-for-investment			7,083,246
Real Estate Investments, Closing Costs and Expenses			20,119
Repayments of Notes Payable			4,076,473
Interest Expense, Debt				137,581
Amortization of Financing Costs				26,722
Grand Bank [Member]
Note 2 - Investments (Details) [Line Items]
Repayments of Notes Payable			4,076,473
Loan Processing Fee			72,744
Interest Expense, Debt	35,181				35,181
Amortization of Financing Costs	$7,423				$7,423
Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)						3,975
Area of Land (in Acres)						1
Area of Real Estate Property, Percent						8.00%
Trinity Life Insurance Company [Member] | Norman, Oklahoma [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)						9,100
Area of Land (in Acres)						1
Area of Real Estate Property, Percent						18.00%
Trinity Life Insurance Company [Member] | Houston, Texas [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)							9,195
Area of Land (in Acres)							1
Area of Real Estate Property, Percent							25.00%
Trinity Life Insurance Company [Member] | Harrisonville, Missouri [Member]
Note 2 - Investments (Details) [Line Items]
Area of Real Estate Property (in Square Feet)							6,895
Area of Real Estate Property, Percent							20.00%

Note_2_Investments_Details_Ava

Note 2 - Investments (Details) - Available-for-sale Fixed Maturity and Equity Securities (USD $)	Mar. 31, 2015	Dec. 31, 2014
Fixed maturity securities
Securities, amortized cost	$108,738,810	$107,931,917
Securities, gross unrealized gains	5,440,563	4,542,181
Securities, gross unrealized losses	986,723	1,151,312
Securities, fair value	113,192,650	111,322,786
US Treasury and Government [Member]
Fixed maturity securities
Securities, amortized cost	2,660,706	2,650,994
Securities, gross unrealized gains	161,883	168,071
Securities, gross unrealized losses	30,894	69,052
Securities, fair value	2,791,695	2,750,013
US States and Political Subdivisions Debt Securities [Member]
Fixed maturity securities
Securities, amortized cost	1,638,578	1,184,034
Securities, gross unrealized gains	36,652	20,982
Securities, gross unrealized losses	3,523	863
Securities, fair value	1,671,707	1,204,153
Residential Mortgage Backed Securities [Member]
Fixed maturity securities
Securities, amortized cost	66,318	68,242
Securities, gross unrealized gains	53,134	62,193
Securities, fair value	119,452	130,435
Corporate Debt Securities [Member]
Fixed maturity securities
Securities, amortized cost	91,767,774	92,367,191
Securities, gross unrealized gains	4,538,852	3,711,276
Securities, gross unrealized losses	778,313	885,169
Securities, fair value	95,528,313	95,193,298
Foreign Government Debt Securities [Member]
Fixed maturity securities
Securities, amortized cost	12,079,533	11,141,861
Securities, gross unrealized gains	502,975	426,197
Securities, gross unrealized losses	173,673	194,528
Securities, fair value	12,408,835	11,373,530
Debt Securities [Member]
Fixed maturity securities
Securities, amortized cost	108,212,909	107,412,322
Securities, gross unrealized gains	5,293,496	4,388,719
Securities, gross unrealized losses	986,403	1,149,612
Securities, fair value	112,520,002	110,651,429
Mutual Funds [Member]
Fixed maturity securities
Securities, amortized cost	83,081	80,879
Securities, gross unrealized gains	454	2,586
Securities, fair value	83,535	83,465
Preferred Stock [Member]
Fixed maturity securities
Securities, amortized cost	256,299	254,502
Securities, gross unrealized gains	6,555	3,273
Securities, gross unrealized losses	320	1,700
Securities, fair value	262,534	256,075
Common Stock [Member]
Fixed maturity securities
Securities, amortized cost	186,521	184,214
Securities, gross unrealized gains	140,058	147,603
Securities, fair value	326,579	331,817
Equity Securities [Member]
Fixed maturity securities
Securities, amortized cost	525,901	519,595
Securities, gross unrealized gains	147,067	153,462
Securities, gross unrealized losses	320	1,700
Securities, fair value	$672,648	$671,357

Note_2_Investments_Details_Sec

Note 2 - Investments (Details) - Securities in an Unrealized Loss Position (USD $)	Mar. 31, 2015	Dec. 31, 2014
Less than 12 months
Securities in an unrealized loss postion, less than twelve months, fair value	$10,928,931	$15,705,357
Securities in an unrealized loss postion, less than twelve months, unrealized loss	620,681	672,118
Securities in an unrealized loss postion, less than twelve months, number of securities	44	63
More than 12 months
Securities in an unrealized loss postion, more than twelve months, fair value	3,804,341	4,228,072
Securities in an unrealized loss postion, more than twelve months, unrealized loss	365,722	477,494
Securities in an unrealized loss postion, more than twelve months, number of securities	16	18
Securities in an unrealized loss postion, fair value	14,782,952	19,981,729
Securities in an unrealized loss postion, unrealized loss	986,723	1,151,312
Securities in an unrealized loss postion, number of securities	61	82
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months
Securities in an unrealized loss postion, less than twelve months, fair value	300,289
Securities in an unrealized loss postion, less than twelve months, unrealized loss	3,523
Securities in an unrealized loss postion, less than twelve months, number of securities	2
More than 12 months
Securities in an unrealized loss postion, more than twelve months, fair value		105,569
Securities in an unrealized loss postion, more than twelve months, unrealized loss		863
Securities in an unrealized loss postion, more than twelve months, number of securities		1
Corporate Debt Securities [Member]
Less than 12 months
Securities in an unrealized loss postion, less than twelve months, fair value	7,558,260	12,258,681
Securities in an unrealized loss postion, less than twelve months, unrealized loss	443,485	477,590
Securities in an unrealized loss postion, less than twelve months, number of securities	28	47
More than 12 months
Securities in an unrealized loss postion, more than twelve months, fair value	2,705,235	2,761,555
Securities in an unrealized loss postion, more than twelve months, unrealized loss	334,828	407,579
Securities in an unrealized loss postion, more than twelve months, number of securities	14	14
Foreign Government Debt Securities [Member]
Less than 12 months
Securities in an unrealized loss postion, less than twelve months, fair value	3,070,382	3,446,676
Securities in an unrealized loss postion, less than twelve months, unrealized loss	173,673	194,528
Securities in an unrealized loss postion, less than twelve months, number of securities	14	16
US Government Agencies Debt Securities [Member]
More than 12 months
Securities in an unrealized loss postion, more than twelve months, fair value	1,099,106	1,360,948
Securities in an unrealized loss postion, more than twelve months, unrealized loss	30,894	69,052
Securities in an unrealized loss postion, more than twelve months, number of securities	2	3
Debt Securities [Member]
More than 12 months
Securities in an unrealized loss postion, fair value	14,733,272	19,933,429
Securities in an unrealized loss postion, unrealized loss	986,403	1,149,612
Securities in an unrealized loss postion, number of securities	60	81
Preferred Stock [Member]
More than 12 months
Securities in an unrealized loss postion, more than twelve months, fair value	49,680	48,300
Securities in an unrealized loss postion, more than twelve months, unrealized loss	320	1,700
Securities in an unrealized loss postion, more than twelve months, number of securities	1	1
Equity Securities [Member]
More than 12 months
Securities in an unrealized loss postion, fair value	49,680	48,300
Securities in an unrealized loss postion, unrealized loss	$320	$1,700
Securities in an unrealized loss postion, number of securities	1	1

Note_2_Investments_Details_Net

Note 2 - Investments (Details) - Net Unrealized Gains Included in Accumulated Other Comprehensive Income (USD $)	Mar. 31, 2015	Dec. 31, 2014
Net Unrealized Gains Included in Accumulated Other Comprehensive Income [Abstract]
Unrealized appreciation on available-for-sale securities	$4,453,840	$3,390,869
Adjustment to deferred acquisition costs	-53,929	-36,440
Deferred income taxes	-879,981	-670,886
Net unrealized appreciation on available-for-sale securities	$3,519,930	$2,683,543

Note_2_Investments_Details_Fix

Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities by Contractual Maturities (USD $)	Mar. 31, 2015	Dec. 31, 2014
Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities by Contractual Maturities [Line Items]
	$108,212,909	$107,412,322
	112,520,002	110,651,429
Fixed Maturities [Member]
Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities by Contractual Maturities [Line Items]
Due in one year or less	2,754,581
Due in one year or less	2,801,862
Due in one year through five years	36,096,965
Due in one year through five years	38,044,550
Due after five years through ten years	53,807,893
Due after five years through ten years	55,404,752
Due after ten years	15,487,152
Due after ten years	16,149,386
Due at multiple maturity dates	66,318
Due at multiple maturity dates	119,452
	108,212,909
	112,520,002
Other Long-term Investments [Member]
Note 2 - Investments (Details) - Fixed Maturity Available-for-sale Securities by Contractual Maturities [Line Items]
Due in one year or less	3,915,108
Due in one year or less	3,976,523
Due in one year through five years	9,452,822
Due in one year through five years	10,405,428
Due after five years through ten years	6,632,945
Due after five years through ten years	8,482,488
Due after ten years	3,047,335
Due after ten years	4,705,400
	23,048,210
	$27,569,839

Note_2_Investments_Details_Ava1

Note 2 - Investments (Details) - Available-for-sale Securities - Proceeds and Gross Realized Gains (Losses) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Debt Securities [Member]
Note 2 - Investments (Details) - Available-for-sale Securities - Proceeds and Gross Realized Gains (Losses) [Line Items]
Proceeds	$1,188,229	$3,430,330
Gross realized gains	25,841	279,570
Gross realized losses	-1,192	-966
Equity Securities [Member]
Note 2 - Investments (Details) - Available-for-sale Securities - Proceeds and Gross Realized Gains (Losses) [Line Items]
Proceeds	526,284
Gross realized gains	996
Gross realized losses	-2,896
Mortgage Loans on Real Estate [Member]
Note 2 - Investments (Details) - Available-for-sale Securities - Proceeds and Gross Realized Gains (Losses) [Line Items]
Proceeds	1,550,599	709,836
Gross realized gains	11,051	17,961
Real Estate Investment [Member]
Note 2 - Investments (Details) - Available-for-sale Securities - Proceeds and Gross Realized Gains (Losses) [Line Items]
Proceeds	7,083,246
Gross realized gains	$390,202

Note_2_Investments_Details_Ava2

Note 2 - Investments (Details) - Available-for-sale Securities - Accumulated Change in Net Unrealized Investment Gains (Losses) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Debt Securities [Member]
Available-for-sale securities:
Available-for-sale securities - change in unrealized gains	$1,067,986	$1,363,002
Available-for-sale securities:
Available-for-sale securities - realized gains	24,649	278,604
Equity Securities [Member]
Available-for-sale securities:
Available-for-sale securities - change in unrealized gains	-5,015	-4,582
Available-for-sale securities:
Available-for-sale securities - realized gains	-1,900
Mortgage Loans on Real Estate [Member]
Available-for-sale securities:
Available-for-sale securities - realized gains	11,051	17,961
Investment in Real Estate [Member]
Available-for-sale securities:
Available-for-sale securities - realized gains	$390,202

Note_2_Investments_Details_Maj

Note 2 - Investments (Details) - Major Categories of Net Investment Income (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Net Investment Income [Line Items]
Investment income	$2,816,617	$2,234,371
Investment expenses	-409,057	-263,563
Net investment income	2,407,560	1,970,808
Fixed Maturities [Member]
Net Investment Income [Line Items]
Investment income	1,173,781	1,119,896
Equity Securities [Member]
Net Investment Income [Line Items]
Investment income	11,529	10,657
Other Long-term Investments [Member]
Net Investment Income [Line Items]
Investment income	414,242	415,411
Mortgage Loans on Real Estate [Member]
Net Investment Income [Line Items]
Investment income	956,144	453,972
Policy Loans [Member]
Net Investment Income [Line Items]
Investment income	25,141	24,943
Real Estate Investment [Member]
Net Investment Income [Line Items]
Investment income	187,588	173,195
Short-term Investments [Member]
Net Investment Income [Line Items]
Investment income	$48,192	$36,297

Note_2_Investments_Details_Mor

Note 2 - Investments (Details) - Mortgage Loans on Real Estate (USD $)	Mar. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	$45,579,509	$38,649,733
Mortgage loans, percentage	100.00%	100.00%
Retail Site [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	1,603,192	1,635,412
Mortgage loans, percentage	3.52%	4.23%
Office Building [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	321,920	327,181
Mortgage loans, percentage	0.70%	0.85%
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	1,925,112	1,962,593
Mortgage loans, percentage	4.22%	5.08%
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	$43,654,397	$36,687,140
Mortgage loans, percentage	95.78%	94.92%

Note_2_Investments_Details_Inv

Note 2 - Investments (Details) - Investment Real Estate (USD $)	Mar. 31, 2015	Dec. 31, 2014
Real Estate Properties [Line Items]
Investment real estate, net	$2,435,674	$9,165,090
Land - Held for the Production of Income [Member]
Real Estate Properties [Line Items]
Investment real estate	213,160	213,160
Land - Held for Sale [Member]
Real Estate Properties [Line Items]
Investment real estate	750,047	2,034,478
Land [Member]
Real Estate Properties [Line Items]
Investment real estate	963,207	2,247,638
Building - Held for the Production of Income [Member]
Real Estate Properties [Line Items]
Investment real estate	2,267,557	2,267,557
Less - accumulated depreciation	-795,090	-758,718
Investment real estate, net	1,472,467	1,508,839
Building - Held for Sale [Member]
Real Estate Properties [Line Items]
Investment real estate, net		5,408,613
Building [Member]
Real Estate Properties [Line Items]
Investment real estate, net	$1,472,467	$6,917,452

Note_3_Fair_Value_Measurements2

Note 3 - Fair Value Measurements (Details)	Mar. 31, 2015	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Number of Private Placement Common Stocks	2	2

Note_3_Fair_Value_Measurements3

Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis (USD $)	Mar. 31, 2015	Dec. 31, 2014
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	$113,192,650	$111,322,786
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	2,791,695	2,750,013
US Treasury and Government [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	2,791,695	2,750,013
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	1,671,707	1,204,153
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	1,671,707	1,204,153
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	119,452	130,435
Residential Mortgage Backed Securities [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	119,452	130,435
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	95,528,313	95,193,298
Corporate Debt Securities [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	95,528,313	95,193,298
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	12,408,835	11,373,530
Foreign Government Debt Securities [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	12,408,835	11,373,530
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	112,520,002	110,651,429
Debt Securities [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	112,520,002	110,651,429
Mutual Funds [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	3,592	3,592
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	79,943	79,873
Mutual Funds [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	83,535	83,465
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	209,554	203,999
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	52,980	52,076
Preferred Stock [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	262,534	256,075
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	280,079	285,317
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	46,500	46,500
Common Stock [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	326,579	331,817
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	493,225	492,908
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	132,923	131,949
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	46,500	46,500
Equity Securities [Member]
Note 3 - Fair Value Measurements (Details) - Fair Value Measured on a Recurring Basis [Line Items]
Available-for-sale securities	$672,648	$671,357

Note_3_Fair_Value_Measurements4

Note 3 - Fair Value Measurements (Details) - Estimated Fair Values of Financial Instruments (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Mortgage loans on real estate
Mortgage loans on real estate	$45,579,509	$38,649,733
Policy loans, carrying value	1,461,576	1,520,620
Policy loans, fair value	1,461,576	1,520,620
Short-term investments, carrying value	1,141,837	1,141,199
Short-term investments, fair value	1,141,837	1,141,199
Other long-term investments, carrying value	23,048,210	21,781,925
Other long-term investments, fair value	27,569,839	25,912,178
Cash and cash equivalents, carrying value	17,621,797	10,158,386	9,802,871	10,608,438
Cash and cash equivalents, fair value	17,621,797	10,158,386
Accrued investment income, carrying value	1,756,739	1,682,906
Accrued investment income, fair value	1,756,739	1,682,906
Loans from premium financing, carrying value	123,886	123,886
Loans from premium financing, fair value	123,886	123,886
Total financial assets, carrying value	90,733,554	75,058,655
Total financial assets, fair value	97,505,858	81,152,895
Financial liabilities
Policyholders' account balances, carrying value	151,496,179	140,554,973
Policyholders' account balances, fair value	132,634,781	126,144,182
Notes payable		4,076,473
Notes payable		4,076,473
Policy claims, carrying value	671,407	602,269
Policy claims, fair value	671,407	602,269
Total financial liabilities, carrying value	152,167,586	145,233,715
Total financial liabilities, fair value	133,306,188	130,822,924
Commercial [Member] | Fair Value, Inputs, Level 3 [Member]
Mortgage loans on real estate
Mortgage loans on real estate, fair value	1,958,153	2,000,041
Commercial [Member]
Mortgage loans on real estate
Mortgage loans on real estate	1,925,112	1,962,593
Mortgage loans on real estate, fair value	1,958,153	2,000,041
Residential [Member] | Fair Value, Inputs, Level 3 [Member]
Mortgage loans on real estate
Mortgage loans on real estate, fair value	45,872,031	38,613,679
Residential [Member]
Mortgage loans on real estate
Mortgage loans on real estate	43,654,397	36,687,140
Mortgage loans on real estate, fair value	45,872,031	38,613,679
Fair Value, Inputs, Level 1 [Member]
Mortgage loans on real estate
Short-term investments, carrying value	1,141,837	1,141,199
Short-term investments, fair value	1,141,837	1,141,199
Cash and cash equivalents, fair value	17,621,797	10,158,386
Total financial assets, fair value	18,763,634	11,299,585
Fair Value, Inputs, Level 3 [Member]
Mortgage loans on real estate
Policy loans, carrying value	1,461,576	1,520,620
Policy loans, fair value	1,461,576	1,520,620
Other long-term investments, fair value	27,569,839	25,912,178
Accrued investment income, carrying value	1,756,739	1,682,906
Accrued investment income, fair value	1,756,739	1,682,906
Loans from premium financing, carrying value	123,886	123,886
Loans from premium financing, fair value	123,886	123,886
Total financial assets, fair value	78,742,224	69,853,310
Financial liabilities
Policyholders' account balances, fair value	132,634,781	126,144,182
Notes payable		4,076,473
Policy claims, carrying value	671,407	602,269
Policy claims, fair value	671,407	602,269
Total financial liabilities, fair value	$133,306,188	$130,822,924

Note_4_Notes_Payable_Details

Note 4 - Notes Payable (Details) (USD $)	3 Months Ended			0 Months Ended	12 Months Ended	1 Months Ended		2 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Feb. 28, 2014	Mar. 11, 2015	Dec. 31, 2014	Dec. 31, 2013	Feb. 28, 2014	Mar. 11, 2015
Note 4 - Notes Payable (Details) [Line Items]
Real Estate Investments, Net	$2,435,674				$9,165,090
Proceeds from Sale of Real Estate Held-for-investment	7,083,246
Repayments of Notes Payable	4,076,473
Notes Payable					4,076,473
Payments to Acquire Real Estate Held-for-investment			4,940,647
Amortization of Financing Costs	9,320	17,923
Receivables in 2014 [Member] | Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 4 - Notes Payable (Details) [Line Items]
Operating Lease, Monthly Payment Receviables						14,661
Receivables in 2015 [Member] | Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 4 - Notes Payable (Details) [Line Items]
Operating Lease, Monthly Payment Receviables						14,881
Receviables in 2016 [Member] | Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 4 - Notes Payable (Details) [Line Items]
Operating Lease, Monthly Payment Receviables						15,104
Receivables in 2017 [Member] | Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 4 - Notes Payable (Details) [Line Items]
Operating Lease, Monthly Payment Receviables						15,331
Receivables in 2018 [Member] | Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 4 - Notes Payable (Details) [Line Items]
Operating Lease, Monthly Payment Receviables						15,561
Receivables in 2019 [Member] | Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 4 - Notes Payable (Details) [Line Items]
Operating Lease, Monthly Payment Receviables						15,794
Promissory Note Payable to Grand Bank Secured by Properties in Indiana Oklahoma Texas and Missouri [Member]
Note 4 - Notes Payable (Details) [Line Items]
Real Estate Investments, Net				6,693,044	6,693,044			6,693,044
Gains (Losses) on Sales of Investment Real Estate				390,202
Proceeds from Sale of Real Estate Held-for-investment				7,083,246
Real Estate Investments, Closing Costs and Expenses				20,119
Repayments of Notes Payable				4,076,473
Deferred Finance Costs, Gross					106,889
Debt Instrument, Term					36 months
Amortization of Financing Costs					26,722
Unamortized Debt Issuance Expense					80,167
Interest Expense, Debt					137,581
Promissory Note Payable to Grand Bank Secured by Properties in Indiana, Oklahoma and Texas [Member]
Note 4 - Notes Payable (Details) [Line Items]
Notes Payable	3,009,265				3,009,265
Promissory Note Payable to Grand Bank Secured by Property Missouri [Member]
Note 4 - Notes Payable (Details) [Line Items]
Notes Payable			1,067,208		1,067,208		1,067,208
Closing Costs [Member] | Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 4 - Notes Payable (Details) [Line Items]
Payments to Acquire Real Estate Held-for-investment						50,516
Closing Costs [Member] | Trinity Life Insurance Company [Member] | Norman, Oklahoma [Member]
Note 4 - Notes Payable (Details) [Line Items]
Payments to Acquire Real Estate Held-for-investment						37,931
Closing Costs [Member] | Trinity Life Insurance Company [Member] | Houston, Texas [Member]
Note 4 - Notes Payable (Details) [Line Items]
Payments to Acquire Real Estate Held-for-investment							31,063
Closing Costs [Member] | Trinity Life Insurance Company [Member] | Harrisonville, Missouri [Member]
Note 4 - Notes Payable (Details) [Line Items]
Payments to Acquire Real Estate Held-for-investment							44,864
Trinity Life Insurance Company [Member] | Greensburg, Indiana [Member]
Note 4 - Notes Payable (Details) [Line Items]
Payments to Acquire Real Estate Held-for-investment						2,444,203
Area of Land (in Acres)						1
Area of Real Estate Property (in Square Feet)						3,975
Area of Real Estate Property, Percent						8.00%
Lessor Leasing Arrangements, Operating Leases, Number of Extensions						4
Lessor Leasing Arrangements, Operating Leases, Renewal Term						5 years
Trinity Life Insurance Company [Member] | Norman, Oklahoma [Member]
Note 4 - Notes Payable (Details) [Line Items]
Payments to Acquire Real Estate Held-for-investment						1,519,431
Area of Land (in Acres)						1
Area of Real Estate Property (in Square Feet)						9,100
Area of Real Estate Property, Percent						18.00%
Lessor Leasing Arrangements, Operating Leases, Number of Extensions						3
Lessor Leasing Arrangements, Operating Leases, Renewal Term						5 years
Operating Leases, Future Minimum Payments Receivable						8,004
Trinity Life Insurance Company [Member] | Houston, Texas [Member]
Note 4 - Notes Payable (Details) [Line Items]
Payments to Acquire Real Estate Held-for-investment							977,013
Area of Land (in Acres)			1				1
Area of Real Estate Property (in Square Feet)			9,195				9,195
Area of Real Estate Property, Percent			25.00%				25.00%
Lessor Leasing Arrangements, Operating Leases, Number of Extensions							4
Lessor Leasing Arrangements, Operating Leases, Renewal Term							5 years
Operating Leases, Future Minimum Payments Receivable			5,833				5,833
Trinity Life Insurance Company [Member] | Harrisonville, Missouri [Member]
Note 4 - Notes Payable (Details) [Line Items]
Payments to Acquire Real Estate Held-for-investment							1,752,397
Area of Real Estate Property (in Square Feet)			6,895				6,895
Area of Real Estate Property, Percent			20.00%				20.00%
Lessor Leasing Arrangements, Operating Leases, Number of Extensions							3
Lessor Leasing Arrangements, Operating Leases, Renewal Term							5 years
Operating Leases, Future Minimum Payments Receivable			9,463				9,463
Grand Bank [Member]
Note 4 - Notes Payable (Details) [Line Items]
Repayments of Notes Payable				4,076,473
Amortization of Financing Costs	7,423							7,423
Interest Expense, Debt	35,181							35,181
Loan Processing Fee				$72,744

Note_4_Notes_Payable_Details_N

Note 4 - Notes Payable (Details) - Notes Payable (USD $)	Dec. 31, 2014	Mar. 31, 2015	Feb. 28, 2014
Debt Instrument [Line Items]
Promissory note payable	$4,076,473
Promissory Note Payable to Grand Bank Secured by Properties in Indiana, Oklahoma and Texas [Member]
Debt Instrument [Line Items]
Promissory note payable	3,009,265	3,009,265
Promissory Note Payable to Grand Bank Secured by Property Missouri [Member]
Debt Instrument [Line Items]
Promissory note payable	$1,067,208		$1,067,208

Note_4_Notes_Payable_Details_N1

Note 4 - Notes Payable (Details) - Notes Payable (Parentheticals)	Dec. 31, 2014
Promissory Note Payable to Grand Bank Secured by Properties in Indiana, Oklahoma and Texas [Member]
Debt Instrument [Line Items]
Interest	4.50%
Monthly payments	35
Promissory Note Payable to Grand Bank Secured by Property Missouri [Member]
Debt Instrument [Line Items]
Interest	4.50%
Monthly payments	35

Note_5_Segment_Data_Details_Se

Note 5 - Segment Data (Details) - Segment Data - Operations (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Segment Reporting Information [Line Items]
Revenues	$5,156,687	$4,290,668
Income (loss) before income taxes	379,339	265,498
Depreciation and amortization expense	553,042	508,583
Life Insurance Operations [Member]
Segment Reporting Information [Line Items]
Revenues	2,863,686	2,513,377
Income (loss) before income taxes	102,186	-10,567
Depreciation and amortization expense	345,614	355,287
Annuity Operations [Member]
Segment Reporting Information [Line Items]
Revenues	2,184,075	1,661,238
Income (loss) before income taxes	115,505	224,041
Depreciation and amortization expense	194,702	149,953
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Revenues	108,926	116,053
Income (loss) before income taxes	161,648	52,024
Depreciation and amortization expense	$12,726	$3,343

Note_5_Segment_Data_Details_Se1

Note 5 - Segment Data (Details) - Segment Data - Assets (USD $)	Mar. 31, 2015	Dec. 31, 2014
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$229,826,998	$219,001,168
Life Insurance Operations [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	44,720,182	44,448,441
Annuity Operations [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	178,672,412	167,947,889
Corporate Segment [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$6,434,404	$6,604,838

Note_6_Federal_Income_Taxes_De

Note 6 - Federal Income Taxes (Details) (Domestic Tax Authority [Member])	3 Months Ended
	Mar. 31, 2015
Earliest Tax Year [Member]
Note 6 - Federal Income Taxes (Details) [Line Items]
Open Tax Year	2011
Latest Tax Year [Member]
Note 6 - Federal Income Taxes (Details) [Line Items]
Open Tax Year	2014

Note_8_Other_Comprehensive_Inc2

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income (Details) - Accumulated Other Comprehensive Income (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$2,683,543	$1,878,157
Balance	3,519,930	2,957,285
Other comprehensive income (loss) before reclassifications, net of tax	854,586	1,316,380
Less amounts reclassified from accumulated other comprehensive income (loss), net of tax	18,199	237,252
Other comprehensive income (loss)	836,387	1,079,128
Accumulated Net Unrealized Investment Gain (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	2,712,694	1,888,498
Balance	3,563,071	2,975,234
Other comprehensive income (loss) before reclassifications, net of tax	868,576	1,323,988
Less amounts reclassified from accumulated other comprehensive income (loss), net of tax	18,199	237,252
Other comprehensive income (loss)	850,377	1,086,736
Adjustment to Deferred Acquisition Costs [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	-29,151	-10,341
Balance	-43,141	-17,949
Other comprehensive income (loss) before reclassifications, net of tax	-13,990	-7,608
Other comprehensive income (loss)	($13,990)	($7,608)

Note_8_Other_Comprehensive_Inc3

Note 8 - Other Comprehensive Income and Accumulated Other Comprehensive Income (Details) - Other Comprehensive Income (USD $)	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Change in net unrealized gains on available-for-sale securities:
Unrealized holding gains arising during the period, pretax	$1,085,720		$1,654,985
Unrealized holding gains arising during the period, income tax expense (benefit)	217,144		330,997
Unrealized holding gains arising during the period, net of tax	868,576		1,323,988
Reclassification adjustment for gains included in income, pretax	-22,749	[1]	-296,565	[1]
Reclassification adjustment for gains included in income, income tax expense (benefit)	-4,550	[2]	-59,313	[2]
Reclassification adjustment for gains included in income, net of tax	-18,199		-237,252
Net unrealized gains on investments, pretax	1,062,971		1,358,420
Net unrealized gains on investments, income tax expense (benefit)	212,594		271,684
Net unrealized gains on investments, net of tax	850,377		1,086,736
Adjustment to deferred acquisition costs, pretax	-17,489		-9,510
Adjustment to deferred acquisition costs, income tax expense (benefit)	-3,499		-1,902
Adjustment to deferred acquisition costs, net of tax	-13,990		-7,608
Total other comprehensive income, pretax	1,045,482		1,348,910
Total other comprehensive income, income tax expense (benefit)	209,095		269,782
Total other comprehensive income, net of tax	$836,387		$1,079,128
[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
	Mar. 31, 2015		Mar. 31, 2014
Reclassified from Accumulated Other Comprehensive Income [Abstract]
Realized gains on sales of securities (a)	$22,749	[1]	$296,565	[1]
Income tax expenses (b)	4,550	[2]	59,313	[2]
Total reclassification adjustments	$18,199		$237,252
[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_9_Allowance_for_Loan_Loss2

Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing (Details) (USD $)	0 Months Ended
	Jun. 30, 2012	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013	Jun. 30, 2012
Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing (Details) [Line Items]
Escrow Deposit		$3,966,145	$3,954,696
Mortgage Loans on Real Estate, Commercial and Consumer, Net		45,579,509	38,649,733
Financing Receivable, Allowance for Credit Losses		348,427	323,824	282,656	265,053
Premiums Receivable, Percent of Premium	80.00%					80.00%
Premiums Receivable, Down Payment, Percent of Premium	20.00%					20.00%
Premiums Receivable, Delinquent Premium, Term	25 days
Premiums Receivable, Gross		321,244	321,244
Premiums Receivable, Allowance for Doubtful Accounts		197,358	197,358
One Loan Originator [Member] | Independent Mortgage Loan Balances [Member]
Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing (Details) [Line Items]
Escrow Deposit		538,589	540,049
One Loan Originator [Member]
Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing (Details) [Line Items]
Mortgage Loans on Real Estate, Commercial and Consumer, Net		15,327,247	12,892,150
All Other Entities [Member]
Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing (Details) [Line Items]
Mortgage Loans on Real Estate, Commercial and Consumer, Net		30,252,262	25,757,583
Financing Receivable, Allowance for Credit Losses		$151,069	$126,466

Note_9_Allowance_for_Loan_Loss3

Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing (Details) - Allowance for Loss on Premium Financing (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning	$323,824	$265,053
Allowance, ending	348,427	282,656
Allowance, ending:
Individually evaluated for impairment	192,876	202,376
Collectively evaluated for impairment	155,551	80,280
Carrying Values:
Individually evaluated for impairment	316,762	335,761
Collectively evaluated for impairment	45,583,991	23,191,991
Provision	24,603	17,603
Residential Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning	116,604	50,210
Allowance, ending	141,395	65,398
Allowance, ending:
Collectively evaluated for impairment	141,395	65,398
Carrying Values:
Collectively evaluated for impairment	43,654,397	21,107,941
Provision	24,791	15,188
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning	9,862	7,985
Allowance, ending	9,674	10,400
Allowance, ending:
Collectively evaluated for impairment	9,674	10,400
Carrying Values:
Collectively evaluated for impairment	1,925,112	2,079,568
Provision	-188	2,415
Premium Finance Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning	197,358	206,858
Allowance, ending	197,358	206,858
Allowance, ending:
Individually evaluated for impairment	192,876	202,376
Collectively evaluated for impairment	4,482	4,482
Carrying Values:
Individually evaluated for impairment	316,762	335,761
Collectively evaluated for impairment	4,482	4,482
Provision	$0	$0

Note_9_Allowance_for_Loan_Loss4

Note 9 - Allowance for Loan Losses from Mortgage Loans on Real Estate and Loans from Premium Financing (Details) - Mortgage Loan to Value Ratios (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	45,579,509	$38,649,733
Residential Portfolio Segment [Member] | Loan to Value Range 1 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	11,630,199	9,049,051
Residential Portfolio Segment [Member] | Loan to Value Range 2 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	14,210,799	11,129,632
Residential Portfolio Segment [Member] | Loan to Value Range 3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	6,953,329	6,176,648
Residential Portfolio Segment [Member] | Loan to Value Range 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	8,652,742	7,734,658
Residential Portfolio Segment [Member] | Loan to Value Range 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	1,408,933	1,635,865
Residential Portfolio Segment [Member] | Loan to Value Range 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	288,338	448,381
Residential Portfolio Segment [Member] | Loan to Value Range 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	383,504	87,634
Residential Portfolio Segment [Member] | Loan to Value Range 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	126,553	425,271
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	43,654,397	36,687,140
Commercial Portfolio Segment [Member] | Loan to Value Range 2 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	930,747	938,703
Commercial Portfolio Segment [Member] | Loan to Value Range 3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	197,952	201,352
Commercial Portfolio Segment [Member] | Loan to Value Range 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	398,053	409,338
Commercial Portfolio Segment [Member] | Loan to Value Range 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	398,360	405,152
Commercial Portfolio Segment [Member] | Loan to Value Range 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate		8,048
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	1,925,112	1,962,593
Loan to Value Range 1 [Member] | Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	71.00%
Loan to Value Range 1 [Member] | Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	80.00%
Loan to Value Range 1 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	11,630,199	9,049,051
Loan to Value Range 2 [Member] | Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	61.00%
Loan to Value Range 2 [Member] | Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	70.00%
Loan to Value Range 2 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	15,141,546	12,068,335
Loan to Value Range 3 [Member] | Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	51.00%
Loan to Value Range 3 [Member] | Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	60.00%
Loan to Value Range 3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	7,151,281	6,378,000
Loan to Value Range 4 [Member] | Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	41.00%
Loan to Value Range 4 [Member] | Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	50.00%
Loan to Value Range 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	9,050,795	8,143,996
Loan to Value Range 5 [Member] | Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	31.00%
Loan to Value Range 5 [Member] | Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	40.00%
Loan to Value Range 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	1,807,293	2,041,017
Loan to Value Range 6 [Member] | Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	21.00%
Loan to Value Range 6 [Member] | Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	30.00%
Loan to Value Range 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	288,338	448,381
Loan to Value Range 7 [Member] | Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	11.00%
Loan to Value Range 7 [Member] | Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	20.00%
Loan to Value Range 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	383,504	87,634
Loan to Value Range 8 [Member] | Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	1.00%
Loan to Value Range 8 [Member] | Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan to value ratio, percent	10.00%
Loan to Value Range 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	126,553	$433,319