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Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2014
Equity [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).
 
Three Months Ended September 30, 2014
 
Nine Months Ended September 30, 2014
 
2014
 
2013
 
2014
 
2013
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Balance at beginning of period
$
2,175,183

 
$
2,086,299

 
$
2,507,922

 
$
2,458,933

Other Comprehensive (loss) income before reclassifications
(269,392
)
 
273,097

 
(602,131
)
 
(99,537
)
Amounts reclassified from accumulated other comprehensive income
—

 
—

 
—

 
—

Net current-period change
(269,392
)
 
273,097

 
(602,131
)
 
(99,537
)
Balance at end of period
1,905,791

 
2,359,396

 
1,905,791

 
2,359,396

Unrealized gains on available-for-sale securities:
 
 
 
 
 
 
 
Balance at beginning of period
15,342,551

 
18,700,117

 
19,467,441

 
15,111,778

Other Comprehensive income (loss) before reclassifications
(1,604,338
)
 
5,240,576

 
1,788,502

 
13,932,930

Amounts reclassified from accumulated other comprehensive income
(1,506,238
)
 
(4,201,241
)
 
(9,023,968
)
 
(9,305,256
)
Net current-period change
(3,110,576
)
 
1,039,335

 
(7,235,466
)
 
4,627,674

Balance at end of period
12,231,975

 
19,739,452

 
12,231,975

 
19,739,452

 
 
 
 
 
 
 
 
Accumulated other comprehensive income, end of period
$
14,137,766

 
$
22,098,848

 
$
14,137,766

 
$
22,098,848
Schedule of reclassifications out of other comprehensive income
The following table presents details of reclassifications out of other comprehensive income for the three and nine months ended September 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
 
 
Three Months Ended September 30, 2014
 
Nine Months Ended September 30, 2014
 
 
 
 
2014
 
2013
 
2014
 
2013
 
 
Unrealized gains on available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Realized gain on sale of securities
 
$
2,317,289

 
$
6,463,447

 
$
13,883,028

 
$
14,315,778

 
Other, net
Provision for Income Taxes
 
(811,051
)
 
(2,262,206
)
 
(4,859,060
)
 
(5,010,522
)
 
Provision for Income Taxes
Total reclassifications for the period
 
$
1,506,238

 
$
4,201,241

 
$
9,023,968

 
$
9,305,256

 
Net of tax