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Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2014
Comprehensive Income [Abstract]  
Schedule of net changes in the Company's accumulated other comprehensive income by component
The following table presents the net changes in the Company's accumulated other comprehensive income by component: (All amounts shown are net of tax).
 
For Three Months Ended March 31,
 
2014
 
2013
Foreign currency translation adjustments:
 
 
 
Balance at beginning of period
$
2,507,922

 
$
2,458,933

Other Comprehensive income before reclassifications
(91,250
)
 
(601,749
)
Amounts reclassified from accumulated other comprehensive income

 

Net current-period change
(91,250
)
 
(601,749
)
Balance at end of period
2,416,672

 
1,857,184

Unrealized gains(losses) on available-for-sale securities:
 
 
 
Balance at beginning of period
19,467,441

 
15,111,778

Other Comprehensive income before reclassifications
864,910

 
7,811,095

Amounts reclassified from accumulated other comprehensive income
(3,265,224
)
 
(1,834,435
)
Net current-period change
(2,400,314
)
 
5,976,660

Balance at end of period
17,067,127

 
21,088,438

 
 
 
 
Accumulated other comprehensive income, end of period
$
19,483,799

 
$
22,945,622

Schedule of reclassifications out of other comprehensive income
The following table presents details of reclassifications out of other comprehensive income for the three months ended March 31, 2014 and 2013.
Details about Accumulated Other Comprehensive Income Components
 
Amounts Reclassified from Other Comprehensive Income
 
Affected Line item in the Statement of Consolidated Income
 
 
For the Three Months ended March 31,
 
 
 
 
 
2014
 
2013
 
 
 
Unrealized gains and (losses) on available-for-sale securities
 
 
 
 
 
 
 
Realized gain (loss) on sale of securities
 
$
5,023,421

 
$
2,822,207

 
 
Other, net
Provision for Income Taxes
 
(1,758,197
)
 
(987,772
)
 
 
Provision for Income Taxes
Total reclassifications for the period
 
$
3,265,224

 
$
1,834,435

 
 
Net of tax