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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Summary of Significant Accounting Policies [Abstract]  
Summary of Property, Plant and Equipment



 

 

 

 

 

 

 

 

 

 

 

 

 



 

As of



 

March 31,

 

December 31,



 

2017

 

2016

Automobiles

 

$

744,211 

 

$

668,794 

Furniture and fixtures

 

 

432,179 

 

 

516,318 

Computer equipment and software

 

 

3,281,787 

 

 

3,151,676 

Home office

 

 

3,692,957 

 

 

3,690,994 

Total cost

 

 

8,151,134 

 

 

8,027,782 

Accumulated depreciation

 

 

(4,414,058)

 

 

(4,308,247)

Net property and equipment

 

$

3,737,076 

 

$

3,719,535 



Summary of Components of Other Comprehensive Earnings



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three-Month Periods Ended March 31,



 

2017

 

2016



 

Pre-tax

 

Tax

 

After-tax

 

Pre-tax

 

Tax

 

After-tax

Other comprehensive earnings (loss),
  net of tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains and losses on investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized holding (losses) gains
  arising during the period

 

$

527,327 

 

$

(179,291)

 

$

348,036 

 

$

1,653,064 

 

$

(562,042)

 

$

1,091,022 

Reclassification adjustment for

  (gains) losses included in net income

 

 

(444,781)

 

 

151,226 

 

 

(293,555)

 

 

(124,248)

 

 

42,244 

 

 

(82,004)

Total other comprehensive (loss)

  earnings

 

$

82,546 

 

$

(28,065)

 

$

54,481 

 

$

1,528,816 

 

$

(519,798)

 

$

1,009,018 



Schedule of Reclassifications Out of Accumulated Other Comprehensive Earnins



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Amounts Reclassified from

Accumulated Other Comprehensive Earnings

Details about Accumulated Other

 

Three-Month Periods Ended March 31,

 

Affected Line Item in the Statement

Comprehensive Earnings Component

 

2017

 

2016

 

where Net Earnings is Presented

Unrealized gains on AFS investments:

 

 

 

 

 

 

 

 



 

$

(444,781)

 

$

(124,248)

 

Net realized investment gains



 

 

151,226 

 

 

42,244 

 

Income tax expense

Total reclassification adjustment, net of tax

 

$

(293,555)

 

$

(82,004)