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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Summary of Significant Accounting Policies [Abstract]  
Summary of Property, Plant and Equipment



 

 

 

 

 

 

 

 

 

 

 

 

 



 

As of



 

March 31,

 

December 31,



 

2019

 

2018

Automobiles

 

$

608,511 

 

$

603,046 

Furniture and fixtures

 

 

447,132 

 

 

436,568 

Computer equipment and software

 

 

3,557,716 

 

 

3,542,339 

Home office

 

 

3,866,632 

 

 

3,849,947 

Total cost

 

 

8,479,991 

 

 

8,431,900 

Accumulated depreciation

 

 

(5,250,364)

 

 

(5,099,090)

Net property and equipment

 

$

3,229,627 

 

$

3,332,810 



Summary of Components of Other Comprehensive Earnings





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three-Month Periods Ended March 31,



 

2019

 

2018



 

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 gains (losses)
  arising during the period

 

$

1,866,085 

 

$

(429,343)

 

$

1,436,742 

 

$

(2,147,336)

 

$

450,942 

 

$

(1,696,394)

Reclassification adjustment for

  losses (gains) included in net earnings

 

 

47,426 

 

 

(9,959)

 

 

37,467 

 

 

(1,102,130)

 

 

231,447 

 

 

(870,683)

Total other comprehensive earnings (loss)

 

$

1,913,511 

 

$

(439,302)

 

$

1,474,209 

 

$

(3,249,466)

 

$

682,389 

 

$

(2,567,077)



Schedule of Reclassifications Out of Accumulated Other Comprehensive Earnings



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

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

 

2019

 

2018

 

where Net Earnings is Presented

Unrealized losses (gains) on investments:

 

 

 

 

 

 

 

 



 

$

47,426 

 

$

(1,102,130)

 

Net realized investment losses (gains)



 

 

(9,959)

 

 

231,447 

 

Income tax (benefit) expense

Total reclassification adjustment, net of tax

 

$

37,467 

 

$

(870,683)