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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2018
Summary of Significant Accounting Policies [Abstract]  
Summary of Property, Plant and Equipment



 

 

 

 

 

 

 

 

 

 

 

 

 



 

As of



 

March 31,

 

December 31,



 

2018

 

2017

Automobiles

 

$

550,736 

 

$

794,959 

Furniture and fixtures

 

 

426,852 

 

 

425,825 

Computer equipment and software

 

 

3,446,480 

 

 

3,404,975 

Home office

 

 

3,783,972 

 

 

3,774,187 

Total cost

 

 

8,208,040 

 

 

8,399,946 

Accumulated depreciation

 

 

(4,691,231)

 

 

(4,896,042)

Net property and equipment

 

$

3,516,809 

 

$

3,503,904 



Summary of Components of Other Comprehensive Earnings





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three-Month Periods Ended March 31,



 

2018

 

2017



 

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

 

$

(2,147,336)

 

$

450,942 

 

$

(1,696,394)

 

$

527,327 

 

$

(179,291)

 

$

348,036 

Reclassification adjustment for

  (gains) losses included in net earnings

 

 

(1,102,130)

 

 

231,447 

 

 

(870,683)

 

 

(444,781)

 

 

151,226 

 

 

(293,555)

Total other comprehensive (loss)

  earnings

 

$

(3,249,466)

 

$

682,389 

 

$

(2,567,077)

 

$

82,546 

 

$

(28,065)

 

$

54,481 



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

 

2018

 

2017

 

where Net Earnings is Presented

Unrealized gains (losses) on AFS investments:

 

 

 

 

 

 

 

 



 

$

(1,102,130)

 

$

(444,781)

 

Net realized investment gains



 

 

231,447 

 

 

151,226 

 

Income tax expense

Total reclassification adjustment, net of tax

 

$

(870,683)

 

$

(293,555)