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Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2013
Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Comprehensive income reflects the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources. For the Company, comprehensive income represents net income adjusted for unrealized gains and losses on certain investments and foreign currency translation adjustments.

 
For the Twelve Months ended December 31,
 
2013
 
2012
 
2011
Foreign currency translation adjustments:
 
 
 
 
 
Balance at beginning of period
$
2,458,933

 
$
2,129,957

 
$
566,903

Other Comprehensive income before reclassifications
48,989

 
328,976

 
1,563,054

Amounts reclassified from accumulated other comprehensive income
—

 
—

 
—

Net current-period change
48,989

 
328,976

 
1,563,054

Balance at end of period
2,507,922

 
2,458,933

 
2,129,957

Unrealized gains(losses) on available-for-sale securities:
 
 
 
 
 
Balance at beginning of period
15,111,778

 
10,412,246

 
21,750,000

Other Comprehensive income before reclassifications
16,139,845

 
10,138,902

 
(7,012,974
)
Amounts reclassified from accumulated other comprehensive income
(11,784,182
)
 
(5,439,370
)
 
(4,324,780
)
Net current-period change
4,355,663

 
4,699,532

 
(11,337,754
)
Balance at end of period
19,467,441

 
15,111,778

 
10,412,246

 
 
 
 
 
 
Accumulated other comprehensive income, end of period
$
21,975,363

 
$
17,570,711

 
$
12,542,203

All amounts are shown net of tax. Amounts in parentheses indicate debits.
Reclassification out of Accumulated Other Comprehensive Income
The following table presents details of reclassifications out of other comprehensive income for the twelve months ended December 31, 2013, 2012 and 2011.
Details about Accumulated Other Comprehensive Income Components
 
Amounts Reclassified from Other Comprehensive Income
 
Affected Line item in the Statement of Consolidated Income
 
 
For the Twelve Months ended December 31,
 
 
 
 
2013
 
2012
 
2011
 
 
Unrealized gains and (losses) on available-for-sale securities
 
 
 
 
 
 
 
 
Realized gain (loss) on sale of securities
 
$
18,129,511

 
$
8,368,261

 
$
6,653,508

 
Other, net
Provision for Income Taxes
 
(6,345,329
)
 
(2,928,891
)
 
(2,328,728
)
 
Provision for Income Taxes
Total reclassifications for the period
 
$
11,784,182

 
$
5,439,370

 
$
4,324,780

 
Net of tax