US Alliance 10-Q 14 May 19 2019 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 08, 2019
Document Information [Line Items]
Entity Registrant Name	US Alliance Corp
Entity Central Index Key	0001463913
Trading Symbol	usac
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding (in shares)		7,700,322
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Assets
Available for sale securities	$ 40,567,214	$ 37,869,778
Policy loans	57,435	56,539
Total investments	40,624,649	37,926,317
Cash and cash equivalents	2,485,374	2,077,646
Investment income due and accrued	311,398	286,890
Reinsurance related assets	101,315	161,846
Deferred acquisition costs, net	2,769,464	2,757,404
Value of business acquired, net	575,221	580,297
Property, equipment and software, net	51,519	54,078
Goodwill	277,542	277,542
Other assets	389,936	406,969
Total assets	47,586,418	44,528,989
Liabilities:
Deposit-type contracts	17,280,482	16,626,218
Policyholder benefit reserves	15,329,070	14,697,519
Dividend accumulation	166,537	176,056
Advance premiums	50,149	56,736
Total policy liabilities	32,826,238	31,556,529
Accounts payable and accrued expenses	323,545	311,082
Other liabilities	25,433	28,712
Total liabilities	33,175,216	31,896,323
Shareholders' Equity:
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,693,408 and 7,650,551 shares as of March 31, 2019 and December 31, 2018, respectively	769,342	765,056
Additional paid-in capital	23,142,047	22,989,443
Accumulated deficit	(9,660,296)	(8,937,404)
Accumulated other comprehensive income (loss)	160,109	(2,184,429)
Total shareholders' equity	14,411,202	12,632,666
Total liabilities and shareholders' equity	47,586,418	44,528,989
Fixed Maturities [Member]
Assets
Available for sale securities	28,671,748	26,882,239
Equities, Including Equity Securities and Other Equity Investments [Member]
Assets
Available for sale securities	$ 11,895,466	$ 10,987,539

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Available for sale securities, amortized cost	$ 40,779,874	$ 40,054,185
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	7,693,408	7,650,551
Common stock, shares outstanding (in shares)	7,693,408	7,650,551
Fixed Maturities [Member]
Available for sale securities, amortized cost	$ 28,510,195	$ 27,957,697
Equities, Including Equity Securities and Other Equity Investments [Member]
Available for sale securities, amortized cost	$ 12,269,679	$ 12,096,488

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income:
Premium income	$ 2,392,976	$ 2,432,096
Net investment income	397,646	311,560
Unrealized gain on equity securites	727,203	0
Other income	12,799	9,246
Total income	3,530,624	2,752,902
Expenses:
Death claims	395,667	235,374
Policyholder benefits	1,136,828	1,127,682
Increase in policyholder reserves	680,560	796,636
Commissions, net of deferrals	219,535	152,157
Amortization of deferred acquisition costs	62,902	90,355
Amortization of value of business acquired	5,076	5,076
Salaries & benefits	251,832	274,848
Other operating expenses	402,356	473,532
Total expense	3,154,756	3,155,660
Net lncome (loss)	$ 375,868	$ (402,758)
Net income (loss) per common share, basic and diluted (in dollars per share)	$ 0.05	$ (0.05)
Unrealized net holding gains (losses) arising during the period	$ 1,245,778	$ (988,946)
Cumulative effect, adoption of accounting guidance on equity securities	1,098,760	0
Other comprehensive income (loss)	2,344,538	(988,946)
Comprehensive income (loss)	$ 2,720,406	$ (1,391,704)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2017	7,310,939
Balance at Dec. 31, 2017	$ 731,095	$ 21,280,437	$ 405,438	$ (8,481,268)	$ 13,935,702
Common stock issued, $7 per share (in shares)	46,218
Common stock issued, $7 per share	$ 4,622	318,905			323,527
Costs associated with common stock issued		(119,716)			(119,716)
Other comprehensive loss			(988,946)		(988,946)
Net income (loss)				(402,758)	(402,758)
Balance (in shares) at Mar. 31, 2018	7,357,157
Balance at Mar. 31, 2018	$ 735,717	21,479,626	(583,508)	(8,884,026)	12,747,809
Cumulative effect, adoption of accounting guidance for equity sercurities					0
Balance (in shares) at Dec. 31, 2018	7,650,551
Balance at Dec. 31, 2018	$ 765,056	22,989,443	(2,184,429)	(8,937,404)	12,632,666
Common stock issued, $7 per share (in shares)	42,857
Common stock issued, $7 per share	$ 4,286	295,713			299,999
Costs associated with common stock issued		(143,109)			(143,109)
Other comprehensive loss			2,344,538		2,344,538
Net income (loss)				375,868	375,868
Balance (in shares) at Mar. 31, 2019	7,693,408
Balance at Mar. 31, 2019	$ 769,342	23,142,047	160,109	(9,660,296)	14,411,202
Cumulative effect, adoption of accounting guidance for equity sercurities				$ (1,098,760)	$ (1,098,760)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2019	Mar. 31, 2018
Common Stock [Member]
Common stock, price per share (in dollars per share)	$ 7	$ 7

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash Flows from Operating Activities:
Net income (loss)	$ 375,868	$ (402,758)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	2,559	8,805
Unrealized gain on equity securities	(727,203)	0
Unrealized gain on equity securities		0
Amortization of investment securities, net	11,881	13,947
Deferred acquisition costs capitalized	(74,962)	(64,638)
Deferred acquisition costs amortized	62,903	90,355
Value of business acquired amortized	5,076	5,076
Interest credited on deposit type contracts	160,494	131,779
(Increase) decrease in operating assets:
Investment income due and accrued	(24,508)	(22,934)
Reinsurance related assets	60,531	66,976
Other assets	17,033	33,164
Increase (decrease) in operating liabilities:
Policyowner benefit reserves	631,551	736,552
Dividend accumulation	(9,519)
Advance premiums	(6,587)	58,942
Other liabilities	(3,279)	6,833
Accounts payable and accrued expenses	12,463	(624)
Net cash provided by operating activities	494,301	661,475
Cash Flows from Investing Activities:
Purchase of fixed income investments	(615,289)	(715,128)
Purchase of equity investments	(173,630)	(300,175)
Proceeds from fixed income sales and repayments	52,582	28,126
Interest on policy loans	(674)	(619)
Increase in policy loans	(222)	1,330
Net cash used in investing activities	(737,233)	(986,466)
Cash Flows from Financing Activities:
Receipts on deposit-type contracts	965,438	1,064,900
Withdrawals on deposit-type contracts	(471,668)	(424,178)
Proceeds received from issuance of common stock, net of costs of issuance	156,890	203,811
Net cash provided by financing activities	650,660	844,533
Net increase in cash and cash equivalents	407,728	519,542
Cash and Cash Equivalents:
Beginning	2,077,646	651,809
Ending	$ 2,485,374	$ 1,171,351

Note 1 - Description of Busines

Note 1 - Description of Business and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	Note 1. Description of business April 24, 2009 4123 240, 66604. 785 228 0200 www.usalliancecorporation.com USAC has five June 9, 2011, April 23, 2012, April 23, 2012 August 1, 2017 December 14, 2018. The Company terminated its initial public offering on February 24, 2013. 2013, first May 1, 2013. 2014 2015. February 24, 2015, February 24, 2016. February 24, 2016, February 24, 2017 April 1, 2016. February 24, 2019 February 24, 2020. 4 th 2017, USALSC and DCLIC seek opportunities to develop and market additional products. Our business model also anticipates the acquisition by USAC and/or USALSC of other insurance and insurance related companies, including third Basis of presentation : 10 10 X. not The results of operation for the three March 31, 2019 not December 31, 2019 not 10 December 31, 2018. Principles of consolidation Area of Operation: Reclassifications no Common stock and earnings (loss) per share: $0.10 20,000,000 March 31, 2019, December 31, 2018, 7,693,408 7,650,551 Earnings (loss) per share attributable to the Company’s common stockholders were computed based on the net loss and the weighted average number of shares outstanding during each year. The weighted average number of shares outstanding during the quarters ended March 31, 2019 2018 7,664,837 7,326,345 March 31, 2019 2018. New accounting standards Revenue from Contracts with Customers In May 2014, not The following steps are applied in the updated guidance: ( 1 2 3 4 5 In July 2015, one March 31, 2018. December 31, 2019 December 31, 2019. not Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, This guidance is effective for fiscal years beginning after December 15, 2017. December 15, 2018. not not Leases In February 2016, 12 two no not The updated guidance is effective for reporting periods beginning after December 15, 2018, December 15, 2019. not Contingent Put and Call Options in Debt Instruments In March 2016, not December 15, 2016. December 15, 2017. not Measurement of Credit Losses on Financial Instruments In June 2016, The updated guidance also amends the current other-than-temporary impairment model for available-for-sale debt securities by requiring the recognition of impairments relating to credit losses through an allowance account and limits the amount of credit loss to the difference between a security’s amortized cost basis and its fair value. In addition, the length of time a security has been in an unrealized loss position will no The updated guidance is effective for reporting periods beginning after December 15, 2019. December 15, 2018. December 15, 2020. not Classification of Certain C ash R eceipts and Cash P ayment In August 2016, eight not December 15, 2017, December 15, 2018. not Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income On December 22, 2017, H.R.1, 2018 February 2018, December 15, 2018, not Targeted Improvements to the Accounting for Long-Duration Contracts In August 2018, 2018 12 2018 12 not 2018 12 December 15, 2020, All other new accounting standards and updates of existing standards issued through the date of this filing were considered by management and did not

Note 2 - Investments

Note 2 - Investments	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Investment [Text Block]	Note 2 . Investments The amortized cost and fair value of available for sale and held to maturity investments as of March 31, 2019 December 31, 2018 March 31, 2019 Cost or Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (unaudited) Available for sale: Fixed maturities: US Treasury securities $ 599,481 $ 2,330 $ (12,027 ) $ 589,784 Corporate bonds 17,453,101 318,065 (387,999 ) 17,383,167 Municipal bonds 6,555,941 257,170 (13,071 ) 6,800,040 Redeemable preferred stock 99,560 - (360 ) 99,200 Mortgage backed and asset backed securities 3,802,112 36,697 (39,252 ) 3,799,557 Total fixed maturities 28,510,195 614,262 (452,709 ) 28,671,748 Equities: Equities 12,269,679 78,992 (453,205 ) 11,895,466 Total available for sale $ 40,779,874 $ 693,254 $ (905,914 ) $ 40,567,214 December 31, 2018 Cost or Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value Available for sale: Fixed maturities: US Treasury securities $ 597,265 $ - $ (27,325 ) $ 569,940 Corporate bonds 16,847,623 43,051 (1,048,313 ) 15,842,361 Municipal bonds 6,559,854 118,890 (80,631 ) 6,598,113 Redeemable preferred stock 99,560 - (8,720 ) 90,840 Mortgage backed and asset backed securities 3,853,395 11,425 (83,835 ) 3,780,985 Total fixed maturities 27,957,697 173,366 (1,248,824 ) 26,882,239 Equities: Equities 12,096,488 31,505 (1,140,454 ) 10,987,539 Total available for sale $ 40,054,185 $ 204,871 $ (2,389,278 ) $ 37,869,778 The amortized cost and fair value of debt securities as of March 31, 2019 December 31, 2018, not not may may As of March 31, 2019 As of December 31, 2018 Amortized Cost Fair Value Amortized Cost Fair Value (unaudited) Amounts maturing in: After one year through five years $ 1,573,995 $ 1,591,192 $ 1,472,228 $ 1,462,745 After five years through ten years 2,142,756 2,181,773 2,101,676 2,055,173 More than 10 years 20,891,772 21,000,026 20,430,838 19,492,496 Redeemable preferred stocks 99,560 99,200 99,560 90,840 Mortgage backed and asset backed securities 3,802,112 3,799,557 3,853,395 3,780,985 Total amortized cost and fair value $ 28,510,195 $ 28,671,748 $ 27,957,697 $ 26,882,239 Proceeds from the sale of securities, maturities, and asset paydowns for the first three 2019 2018 $52,582 $28,126 no March 31, 2019 2018. Gross unrealized losses by duration are summarized as follows: Less than 12 months Greater than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss March 31, 2019 (unaudited) Available for sale: Fixed maturities: US Treasury securities $ - $ - $ 267,814 $ (12,027 ) $ 267,814 $ (12,027 ) Corporate bonds 811,628 (17,017 ) 7,950,659 (370,982 ) 8,762,287 (387,999 ) Municipal bonds - - 844,658 (13,071 ) 844,658 (13,071 ) Redeemable preferred stock - - 99,200 (360 ) 99,200 (360 ) Mortgage backed and asset backed securities - - 2,437,299 (39,252 ) 2,437,299 (39,252 ) Total fixed maturities 811,628 (17,017 ) 11,599,630 (435,692 ) 12,411,258 (452,709 ) Equities: Equities 1,622,912 (34,956 ) 8,745,952 (418,249 ) 10,368,864 (453,205 ) Total available for sale $ 2,434,540 $ (51,973 ) $ 20,345,582 $ (853,941 ) $ 22,780,122 $ (905,914 ) Less than 12 months Greater than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss December 31, 2018 Available for sale: Fixed maturities: US Treasury securities $ 251,206 $ (27,325 ) $ - $ - $ 251,206 $ (27,325 ) Corporate bonds 11,743,222 (948,539 ) 830,239 (99,774 ) 12,573,461 (1,048,313 ) Municipal bonds 2,114,260 (51,267 ) 859,305 (29,364 ) 2,973,565 (80,631 ) Redeemable preferred stock 90,840 (8,720 ) - - 90,840 (8,720 ) Mortgage backed and asset backed securities 544,714 (6,656 ) 2,448,551 (77,179 ) 2,993,265 (83,835 ) Total fixed maturities 14,744,242 (1,042,507 ) 4,138,095 (206,317 ) 18,882,337 (1,248,824 ) Equities: Equities 3,312,528 (228,148 ) 7,440,504 (912,306 ) 10,753,032 (1,140,454 ) Total available for sale $ 18,056,770 $ (1,270,655 ) $ 11,578,599 $ (1,118,623 ) $ 29,635,369 $ (2,389,278 ) Unrealized losses occur from market price declines that may The total number of securities in the investment portfolio in an unrealized loss position as of March 31, 2019 87, $905,914 87 53 21 4 2 2 1 4 no March 31, 2019 December 31, 2018.

Note 3 - Fair Value Measurement

Note 3 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 3 . Fair Value Measurements The fair value of an asset or liability is the price that would be received to sell that asset or paid to transfer that liability in an orderly transaction occurring in the principal market (or most advantageous market in the absence of a principal market) for such asset or liability. In estimating fair value, the Company utilizes valuation techniques that are consistent with the market approach, the income approach and/or the cost approach. Such valuation techniques are consistently applied. Inputs to valuation techniques include the assumptions that market participants would use in pricing an asset or liability. The Company uses a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: ● Level 1 ● Level 2 1 ● Level 3 Investments, available for sale third third The following table presents the amounts of assets measured at fair value on a recurring basis as of March 31, 2019 December 31, 2018: March 31, 2019 Total Level 1 Level 2 Level 3 (unaudited) Available for sale: Fixed maturities: US Treasury securities $ 589,784 $ 589,784 $ - $ - Corporate bonds 17,383,167 - 17,187,167 196,000 Municipal bonds 6,800,040 - 6,800,040 - Redeemable preferred stock 99,200 - 99,200 - Mortgage backed and asset backed securities 3,799,557 - 3,799,557 - Total fixed maturities 28,671,748 589,784 27,885,964 196,000 Equities: Equities 11,895,466 11,895,466 - - Total $ 40,567,214 $ 12,485,250 $ 27,885,964 $ 196,000 December 31, 2018 Total Level 1 Level 2 Level 3 Available for sale: Fixed maturities: US Treasury securities $ 569,940 $ 569,940 $ - $ - Corporate bonds 15,842,361 - 15,642,361 200,000 Municipal bonds 6,598,113 - 6,598,113 - Redeemable preferred stock 90,840 - 90,840 - Mortgage backed and asset backed securities 3,780,985 - 3,780,985 - Total fixed maturities 26,882,239 569,940 26,112,299 200,000 Equities: Equities 10,987,539 10,987,539 - - Total $ 37,869,778 $ 11,557,479 $ 26,112,299 $ 200,000 The Company discloses the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not Cash and cash equivalents Investment income due and accrued: Policy loans Policyholder deposits in deposit-type contracts The estimated fair values of the Company’s financial assets and liabilities at March 31, 2019 December 31, 2018 March 31, 2019 December 31, 2018 (unaudited) Carrying Value Fair Value Carrying Value Fair Value Financial Assets: Cash and cash equivalents $ 2,485,374 $ 2,485,374 $ 2,077,646 $ 2,077,646 Investment income due and accrued 311,398 311,398 286,890 286,890 Investments, at fair value 40,624,649 40,624,649 37,926,317 37,926,317 Total Financial Assets $ 43,421,421 $ 43,421,421 $ 40,290,853 $ 40,290,853 Financial Liabilities: Policyholder deposits in deposit-type contracts $ 17,280,482 $ 16,197,221 $ 16,626,218 $ 15,361,164 Total Financial Liabilities $ 17,280,482 $ 16,197,221 $ 16,626,218 $ 15,361,164

Note 4 - Income Tax Provision

Note 4 - Income Tax Provision	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 4 . Income Tax Provision No March 31, 2019 2018 100% The net operating loss carryforwards for the Company are $13,178,265 $12,938,533 March 31, 2019 December 31, 2018, 100

Note 5 - Subsequent Events

Note 5 - Subsequent Events	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Subsequent Events [Text Block]	Note 5 . Subsequent Events All of the effects of subsequent events that provide additional evidence about conditions that existed at the balance sheet date, including the estimates inherent in the process of preparing the consolidated financial statements, are recognized in the consolidated financial statements. The Company does not not The Company has evaluated subsequent events through May 13, 2019,

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of presentation : 10 10 X. not The results of operation for the three March 31, 2019 not December 31, 2019 not 10 December 31, 2018.
Consolidation, Policy [Policy Text Block]	Principles of consolidation
Area of Operation, Policy [Policy Text Block]	Area of Operation:
Reclassification, Policy [Policy Text Block]	Reclassifications no
Earnings Per Share, Policy [Policy Text Block]	Common stock and earnings (loss) per share: $0.10 20,000,000 March 31, 2019, December 31, 2018, 7,693,408 7,650,551 Earnings (loss) per share attributable to the Company’s common stockholders were computed based on the net loss and the weighted average number of shares outstanding during each year. The weighted average number of shares outstanding during the quarters ended March 31, 2019 2018 7,664,837 7,326,345 March 31, 2019 2018.
New Accounting Pronouncements, Policy [Policy Text Block]	New accounting standards Revenue from Contracts with Customers In May 2014, not The following steps are applied in the updated guidance: ( 1 2 3 4 5 In July 2015, one March 31, 2018. December 31, 2019. not Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, This guidance is effective for fiscal years beginning after December 15, 2017. December 15, 2018. not not Leases In February 2016, 12 two no not The updated guidance is effective for reporting periods beginning after December 15, 2018, December 15, 2019. not Contingent Put and Call Options in Debt Instruments In March 2016, not December 15, 2016. December 15, 2017. not Measurement of Credit Losses on Financial Instruments In June 2016, The updated guidance also amends the current other-than-temporary impairment model for available-for-sale debt securities by requiring the recognition of impairments relating to credit losses through an allowance account and limits the amount of credit loss to the difference between a security’s amortized cost basis and its fair value. In addition, the length of time a security has been in an unrealized loss position will no The updated guidance is effective for reporting periods beginning after December 15, 2019. December 15, 2018. December 15, 2020. not Classification of Certain C ash R eceipts and Cash P ayment In August 2016, eight not December 15, 2017, December 15, 2018. not Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income On December 22, 2017, H.R.1, 2018 February 2018, December 15, 2018, not Targeted Improvements to the Accounting for Long-Duration Contracts In August 2018, 2018 12 2018 12 not 2018 12 December 15, 2020, All other new accounting standards and updates of existing standards issued through the date of this filing were considered by management and did not

Note 2 - Investments (Tables)

Note 2 - Investments (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Available-for-sale Securities [Table Text Block]	March 31, 2019 Cost or Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (unaudited) Available for sale: Fixed maturities: US Treasury securities $ 599,481 $ 2,330 $ (12,027 ) $ 589,784 Corporate bonds 17,453,101 318,065 (387,999 ) 17,383,167 Municipal bonds 6,555,941 257,170 (13,071 ) 6,800,040 Redeemable preferred stock 99,560 - (360 ) 99,200 Mortgage backed and asset backed securities 3,802,112 36,697 (39,252 ) 3,799,557 Total fixed maturities 28,510,195 614,262 (452,709 ) 28,671,748 Equities: Equities 12,269,679 78,992 (453,205 ) 11,895,466 Total available for sale $ 40,779,874 $ 693,254 $ (905,914 ) $ 40,567,214 December 31, 2018 Cost or Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value Available for sale: Fixed maturities: US Treasury securities $ 597,265 $ - $ (27,325 ) $ 569,940 Corporate bonds 16,847,623 43,051 (1,048,313 ) 15,842,361 Municipal bonds 6,559,854 118,890 (80,631 ) 6,598,113 Redeemable preferred stock 99,560 - (8,720 ) 90,840 Mortgage backed and asset backed securities 3,853,395 11,425 (83,835 ) 3,780,985 Total fixed maturities 27,957,697 173,366 (1,248,824 ) 26,882,239 Equities: Equities 12,096,488 31,505 (1,140,454 ) 10,987,539 Total available for sale $ 40,054,185 $ 204,871 $ (2,389,278 ) $ 37,869,778
Investments Classified by Contractual Maturity Date [Table Text Block]	As of March 31, 2019 As of December 31, 2018 Amortized Cost Fair Value Amortized Cost Fair Value (unaudited) Amounts maturing in: After one year through five years $ 1,573,995 $ 1,591,192 $ 1,472,228 $ 1,462,745 After five years through ten years 2,142,756 2,181,773 2,101,676 2,055,173 More than 10 years 20,891,772 21,000,026 20,430,838 19,492,496 Redeemable preferred stocks 99,560 99,200 99,560 90,840 Mortgage backed and asset backed securities 3,802,112 3,799,557 3,853,395 3,780,985 Total amortized cost and fair value $ 28,510,195 $ 28,671,748 $ 27,957,697 $ 26,882,239
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	Less than 12 months Greater than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss March 31, 2019 (unaudited) Available for sale: Fixed maturities: US Treasury securities $ - $ - $ 267,814 $ (12,027 ) $ 267,814 $ (12,027 ) Corporate bonds 811,628 (17,017 ) 7,950,659 (370,982 ) 8,762,287 (387,999 ) Municipal bonds - - 844,658 (13,071 ) 844,658 (13,071 ) Redeemable preferred stock - - 99,200 (360 ) 99,200 (360 ) Mortgage backed and asset backed securities - - 2,437,299 (39,252 ) 2,437,299 (39,252 ) Total fixed maturities 811,628 (17,017 ) 11,599,630 (435,692 ) 12,411,258 (452,709 ) Equities: Equities 1,622,912 (34,956 ) 8,745,952 (418,249 ) 10,368,864 (453,205 ) Total available for sale $ 2,434,540 $ (51,973 ) $ 20,345,582 $ (853,941 ) $ 22,780,122 $ (905,914 ) Less than 12 months Greater than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss December 31, 2018 Available for sale: Fixed maturities: US Treasury securities $ 251,206 $ (27,325 ) $ - $ - $ 251,206 $ (27,325 ) Corporate bonds 11,743,222 (948,539 ) 830,239 (99,774 ) 12,573,461 (1,048,313 ) Municipal bonds 2,114,260 (51,267 ) 859,305 (29,364 ) 2,973,565 (80,631 ) Redeemable preferred stock 90,840 (8,720 ) - - 90,840 (8,720 ) Mortgage backed and asset backed securities 544,714 (6,656 ) 2,448,551 (77,179 ) 2,993,265 (83,835 ) Total fixed maturities 14,744,242 (1,042,507 ) 4,138,095 (206,317 ) 18,882,337 (1,248,824 ) Equities: Equities 3,312,528 (228,148 ) 7,440,504 (912,306 ) 10,753,032 (1,140,454 ) Total available for sale $ 18,056,770 $ (1,270,655 ) $ 11,578,599 $ (1,118,623 ) $ 29,635,369 $ (2,389,278 )

Note 3 - Fair Value Measureme_2

Note 3 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	March 31, 2019 Total Level 1 Level 2 Level 3 (unaudited) Available for sale: Fixed maturities: US Treasury securities $ 589,784 $ 589,784 $ - $ - Corporate bonds 17,383,167 - 17,187,167 196,000 Municipal bonds 6,800,040 - 6,800,040 - Redeemable preferred stock 99,200 - 99,200 - Mortgage backed and asset backed securities 3,799,557 - 3,799,557 - Total fixed maturities 28,671,748 589,784 27,885,964 196,000 Equities: Equities 11,895,466 11,895,466 - - Total $ 40,567,214 $ 12,485,250 $ 27,885,964 $ 196,000 December 31, 2018 Total Level 1 Level 2 Level 3 Available for sale: Fixed maturities: US Treasury securities $ 569,940 $ 569,940 $ - $ - Corporate bonds 15,842,361 - 15,642,361 200,000 Municipal bonds 6,598,113 - 6,598,113 - Redeemable preferred stock 90,840 - 90,840 - Mortgage backed and asset backed securities 3,780,985 - 3,780,985 - Total fixed maturities 26,882,239 569,940 26,112,299 200,000 Equities: Equities 10,987,539 10,987,539 - - Total $ 37,869,778 $ 11,557,479 $ 26,112,299 $ 200,000
Fair Value, by Balance Sheet Grouping [Table Text Block]	March 31, 2019 December 31, 2018 (unaudited) Carrying Value Fair Value Carrying Value Fair Value Financial Assets: Cash and cash equivalents $ 2,485,374 $ 2,485,374 $ 2,077,646 $ 2,077,646 Investment income due and accrued 311,398 311,398 286,890 286,890 Investments, at fair value 40,624,649 40,624,649 37,926,317 37,926,317 Total Financial Assets $ 43,421,421 $ 43,421,421 $ 40,290,853 $ 40,290,853 Financial Liabilities: Policyholder deposits in deposit-type contracts $ 17,280,482 $ 16,197,221 $ 16,626,218 $ 15,361,164 Total Financial Liabilities $ 17,280,482 $ 16,197,221 $ 16,626,218 $ 15,361,164

Note 1 - Description of Busin_2

Note 1 - Description of Business and Significant Accounting Policies (Details Textual)	3 Months Ended
	Mar. 31, 2019$ / sharesshares	Mar. 31, 2018shares	Dec. 31, 2018$ / sharesshares
Number of Wholly-Owned Operating Subsidiaries	5
Common Stock, Par or Stated Value Per Share | $ / shares	$ 0.10		$ 0.10
Common Stock, Shares Authorized	20,000,000		20,000,000
Common Stock, Shares, Issued, Total	7,693,408		7,650,551
Weighted Average Number of Shares Outstanding, Basic and Diluted	7,664,837	7,326,345
Common Stock, Shares, Outstanding, Ending Balance	7,693,408		7,650,551

Note 2 - Investments (Details T

Note 2 - Investments (Details Textual)	3 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)
Proceeds from Sale, Maturity and Collection of Investments, Total	$ 52,582	$ 28,126
Debt and Equity Securities, Realized Gain (Loss), Total	$ 0	$ 0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	87
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax, Total	$ 905,914		$ 2,389,278
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities, Total	$ 0		$ 0
Fixed Income Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	53
Collateralized Mortgage Backed Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	21
Preferred Stock [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	4
Corporate Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	2
Preferred Stock Index Fund [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	2
Senior Loan Fund [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	1
Common Stock [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	4

Note 2 - Investments - Amortize

Note 2 - Investments - Amortized Cost and Fair Value of Available-for-sale and Held-to-maturity Investments (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Cost or Amortized Cost	$ 40,779,874	$ 40,054,185
Gross Unrealized Gains	693,254	204,871
Gross Unrealized Losses	(905,914)	(2,389,278)
Investments in available-for-sale securities, at fair value	40,567,214	37,869,778
Fixed Maturities [Member]
Cost or Amortized Cost	28,510,195	27,957,697
Gross Unrealized Gains	614,262	173,366
Gross Unrealized Losses	(452,709)	(1,248,824)
Investments in available-for-sale securities, at fair value	28,671,748	26,882,239
Equity Securities [Member]
Cost or Amortized Cost	12,269,679	12,096,488
Gross Unrealized Gains	78,992	31,505
Gross Unrealized Losses	(453,205)	(1,140,454)
Investments in available-for-sale securities, at fair value	11,895,466	10,987,539
US Treasury Securities [Member] | Fixed Maturities [Member]
Cost or Amortized Cost	599,481	597,265
Gross Unrealized Gains	2,330
Gross Unrealized Losses	(12,027)	(27,325)
Investments in available-for-sale securities, at fair value	589,784	569,940
Corporate Debt Securities [Member] | Fixed Maturities [Member]
Cost or Amortized Cost	17,453,101	16,847,623
Gross Unrealized Gains	318,065	43,051
Gross Unrealized Losses	(387,999)	(1,048,313)
Investments in available-for-sale securities, at fair value	17,383,167	15,842,361
US States and Political Subdivisions Debt Securities [Member] | Fixed Maturities [Member]
Cost or Amortized Cost	6,555,941	6,559,854
Gross Unrealized Gains	257,170	118,890
Gross Unrealized Losses	(13,071)	(80,631)
Investments in available-for-sale securities, at fair value	6,800,040	6,598,113
Redeemable Preferred Stock [Member] | Fixed Maturities [Member]
Cost or Amortized Cost	99,560	99,560
Gross Unrealized Gains
Gross Unrealized Losses	(360)	(8,720)
Investments in available-for-sale securities, at fair value	99,200	90,840
Collateralized Mortgage Backed Securities [Member] | Fixed Maturities [Member]
Cost or Amortized Cost	3,802,112	3,853,395
Gross Unrealized Gains	36,697	11,425
Gross Unrealized Losses	(39,252)	(83,835)
Investments in available-for-sale securities, at fair value	$ 3,799,557	$ 3,780,985

Note 2 - Investments - Amorti_2

Note 2 - Investments - Amortized Cost and Fair Value of Debt Securities By Contractual Maturity (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
After one year through five years, amortized cost	$ 1,573,995	$ 1,472,228
After one year through five years, fair value	1,591,192	1,462,745
After five years through ten years, amortized cost	2,142,756	2,101,676
After five years through ten years, fair value	2,181,773	2,055,173
More than 10 years, amortized cost	20,891,772	20,430,838
More than 10 years, fair value	21,000,026	19,492,496
Total amortized cost and fair value	28,510,195	27,957,697
Total amortized cost and fair value	28,671,748	26,882,239
Redeemable Preferred Stock [Member]
Debt securities, amortized cost	99,560	99,560
Debt securities, fair value	99,200	90,840
Collateralized Mortgage Backed Securities [Member]
Debt securities, amortized cost	3,802,112	3,853,395
Debt securities, fair value	$ 3,799,557	$ 3,780,985

Note 2 - Investments - Gross Un

Note 2 - Investments - Gross Unrealized Losses (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Available-for-sale securities, less than 12 months, fair value	$ 2,434,540	$ 18,056,770
Available-for-sale securities, less than 12 months, unrealized loss	(51,973)	(1,270,655)
Available-for-sale securities, greater than 12 months, fair value	20,345,582	11,578,599
Available-for-sale securities, greater than 12 months, unrealized loss	(853,941)	(1,118,623)
Available-for-sale securities, fair value	22,780,122	29,635,369
Available-for-sale securities, unrealized loss	(905,914)	(2,389,278)
Fixed Maturities [Member]
Available-for-sale securities, less than 12 months, fair value	811,628	14,744,242
Available-for-sale securities, less than 12 months, unrealized loss	(17,017)	(1,042,507)
Available-for-sale securities, greater than 12 months, fair value	11,599,630	4,138,095
Available-for-sale securities, greater than 12 months, unrealized loss	(435,692)	(206,317)
Available-for-sale securities, fair value	12,411,258	18,882,337
Available-for-sale securities, unrealized loss	(452,709)	(1,248,824)
Fixed Maturities [Member] | US Treasury Securities [Member]
Available-for-sale securities, less than 12 months, fair value		251,206
Available-for-sale securities, less than 12 months, unrealized loss		(27,325)
Available-for-sale securities, greater than 12 months, fair value	267,814
Available-for-sale securities, greater than 12 months, unrealized loss	(12,027)
Available-for-sale securities, fair value	267,814	251,206
Available-for-sale securities, unrealized loss	(12,027)	(27,325)
Fixed Maturities [Member] | Corporate Debt Securities [Member]
Available-for-sale securities, less than 12 months, fair value	811,628	11,743,222
Available-for-sale securities, less than 12 months, unrealized loss	(17,017)	(948,539)
Available-for-sale securities, greater than 12 months, fair value	7,950,659	830,239
Available-for-sale securities, greater than 12 months, unrealized loss	(370,982)	(99,774)
Available-for-sale securities, fair value	8,762,287	12,573,461
Available-for-sale securities, unrealized loss	(387,999)	(1,048,313)
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, less than 12 months, fair value		2,114,260
Available-for-sale securities, less than 12 months, unrealized loss		(51,267)
Available-for-sale securities, greater than 12 months, fair value	844,658	859,305
Available-for-sale securities, greater than 12 months, unrealized loss	(13,071)	(29,364)
Available-for-sale securities, fair value	844,658	2,973,565
Available-for-sale securities, unrealized loss	(13,071)	(80,631)
Fixed Maturities [Member] | Redeemable Preferred Stock [Member]
Available-for-sale securities, less than 12 months, fair value		90,840
Available-for-sale securities, less than 12 months, unrealized loss		(8,720)
Available-for-sale securities, greater than 12 months, fair value	99,200
Available-for-sale securities, greater than 12 months, unrealized loss	(360)
Available-for-sale securities, fair value	99,200	90,840
Available-for-sale securities, unrealized loss	(360)	(8,720)
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member]
Available-for-sale securities, less than 12 months, fair value		544,714
Available-for-sale securities, less than 12 months, unrealized loss		(6,656)
Available-for-sale securities, greater than 12 months, fair value	2,437,299	2,448,551
Available-for-sale securities, greater than 12 months, unrealized loss	(39,252)	(77,179)
Available-for-sale securities, fair value	2,437,299	2,993,265
Available-for-sale securities, unrealized loss	(39,252)	(83,835)
Equity Securities [Member]
Available-for-sale securities, less than 12 months, fair value	1,622,912	3,312,528
Available-for-sale securities, less than 12 months, unrealized loss	(34,956)	(228,148)
Available-for-sale securities, greater than 12 months, fair value	8,745,952	7,440,504
Available-for-sale securities, greater than 12 months, unrealized loss	(418,249)	(912,306)
Available-for-sale securities, fair value	10,368,864	10,753,032
Available-for-sale securities, unrealized loss	$ (453,205)	$ (1,140,454)

Note 3 - Fair Value Measureme_3

Note 3 - Fair Value Measurements - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Investments in available-for-sale securities, at fair value	$ 40,567,214	$ 37,869,778
Fair Value, Recurring [Member]
Investments in available-for-sale securities, at fair value	40,567,214	37,869,778
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in available-for-sale securities, at fair value	12,485,250	11,557,479
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in available-for-sale securities, at fair value	27,885,964	26,112,299
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in available-for-sale securities, at fair value	196,000	200,000
Fixed Maturities [Member]
Investments in available-for-sale securities, at fair value	28,671,748	26,882,239
Fixed Maturities [Member] | Fair Value, Recurring [Member]
Investments in available-for-sale securities, at fair value	28,671,748	26,882,239
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in available-for-sale securities, at fair value	589,784	569,940
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in available-for-sale securities, at fair value	27,885,964	26,112,299
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in available-for-sale securities, at fair value	196,000	200,000
Fixed Maturities [Member] | US Treasury Securities [Member]
Investments in available-for-sale securities, at fair value	589,784	569,940
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member]
Investments in available-for-sale securities, at fair value	589,784	569,940
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in available-for-sale securities, at fair value	589,784	569,940
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Corporate Debt Securities [Member]
Investments in available-for-sale securities, at fair value	17,383,167	15,842,361
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member]
Investments in available-for-sale securities, at fair value	17,383,167	15,842,361
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in available-for-sale securities, at fair value	17,187,167	15,642,361
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in available-for-sale securities, at fair value	196,000	200,000
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member]
Investments in available-for-sale securities, at fair value	6,800,040	6,598,113
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]
Investments in available-for-sale securities, at fair value	6,800,040	6,598,113
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in available-for-sale securities, at fair value	6,800,040	6,598,113
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Redeemable Preferred Stock [Member]
Investments in available-for-sale securities, at fair value	99,200	90,840
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member]
Investments in available-for-sale securities, at fair value	99,200	90,840
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in available-for-sale securities, at fair value	99,200	90,840
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member]
Investments in available-for-sale securities, at fair value	3,799,557	3,780,985
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member]
Investments in available-for-sale securities, at fair value	3,799,557	3,780,985
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in available-for-sale securities, at fair value	3,799,557	3,780,985
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in available-for-sale securities, at fair value
Equity Securities [Member]
Investments in available-for-sale securities, at fair value	11,895,466	10,987,539
Equity Securities [Member] | Fair Value, Recurring [Member]
Investments in available-for-sale securities, at fair value	11,895,466	10,987,539
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in available-for-sale securities, at fair value	11,895,466	10,987,539
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in available-for-sale securities, at fair value
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in available-for-sale securities, at fair value

Note 3 - Fair Value Measureme_4

Note 3 - Fair Value Measurements - Estimated Fair Values of the Company's Financial Assets and Liabilities (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Reported Value Measurement [Member]
Financial Assets:
Cash and cash equivalents	$ 2,485,374	$ 2,077,646
Investment income due and accrued	311,398	286,890
Investments, at fair value	40,624,649	37,926,317
Total Financial Assets	43,421,421	40,290,853
Financial Liabilities:
Policyholder deposits in deposit-type contracts	17,280,482	16,626,218
Total Financial Liabilities	17,280,482	16,626,218
Estimate of Fair Value Measurement [Member]
Financial Assets:
Cash and cash equivalents	2,485,374	2,077,646
Investment income due and accrued	311,398	286,890
Investments, at fair value	40,624,649	37,926,317
Total Financial Assets	43,421,421	40,290,853
Financial Liabilities:
Policyholder deposits in deposit-type contracts	16,197,221	15,361,164
Total Financial Liabilities	$ 16,197,221	$ 15,361,164

Note 4 - Income Tax Provision (

Note 4 - Income Tax Provision (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Income Tax Expense (Benefit), Total	$ 0	$ 0
Deferred Tax Assets, Valuation Allowance, Percentage	100.00%	100.00%
Operating Loss Carryforwards, Total	$ 13,178,265		$ 12,938,533