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Comprehensive Income
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Comprehensive Income
Comprehensive Income

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.

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 June 30,
 
For Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Balance at beginning of period
$
2,416,672

 
$
1,857,184

 
$
2,507,922

 
$
2,458,933

Other Comprehensive income before reclassifications
(241,489
)
 
229,115

 
(332,739
)
 
(372,634
)
Amounts reclassified from accumulated other comprehensive income
—

 
—

 
—

 
—

Net current-period change
(241,489
)
 
229,115

 
(332,739
)
 
(372,634
)
Balance at end of period
2,175,183

 
2,086,299

 
2,175,183

 
2,086,299

Unrealized gains(losses) on available-for-sale securities:
 
 
 
 
 
 
 
Balance at beginning of period
17,067,127

 
21,088,438

 
19,467,441

 
15,111,778

Other Comprehensive income before reclassifications
2,527,930

 
881,260

 
3,392,840

 
8,692,354

Amounts reclassified from accumulated other comprehensive income
(4,252,506
)
 
(3,269,581
)
 
(7,517,730
)
 
(5,104,015
)
Net current-period change
(1,724,576
)
 
(2,388,321
)
 
(4,124,890
)
 
3,588,339

Balance at end of period
15,342,551

 
18,700,117

 
15,342,551

 
18,700,117

 
 
 
 
 
 
 
 
Accumulated other comprehensive income, end of period
$
17,517,734

 
$
20,786,416

 
$
17,517,734

 
$
20,786,416


The following table presents details of reclassifications out of other comprehensive income for the three and six months ended June 30, 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 June 30,
 
For the Six Months ended
June 30,
 
 
 
 
2014
 
2013
 
2014
 
2013
 
 
Unrealized gains on available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Realized gain on sale of securities
 
$
6,542,318

 
$
5,030,124

 
$
11,565,739

 
$
7,852,331

 
Other, net
Provision for Income Taxes
 
(2,289,812
)
 
(1,760,543
)
 
(4,048,009
)
 
(2,748,316
)
 
Provision for Income Taxes
Total reclassifications for the period
 
$
4,252,506

 
$
3,269,581

 
$
7,517,730

 
$
5,104,015

 
Net of tax