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Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2014
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, foreign currency translation adjustments, and unrealized movement in derivative financial instruments designated as hedges.

 
For the Twelve Months ended December 31,
 
2014
 
2013
 
2012
Foreign currency translation adjustments:
 
 
 
 
 
Balance at beginning of period
$
2,507,922

 
$
2,458,933

 
$
2,129,957

Other comprehensive income before reclassifications
(1,104,023
)
 
48,989

 
328,976

Amounts reclassified from accumulated other comprehensive income

 

 

Net current-period change
(1,104,023
)
 
48,989

 
328,976

Balance at end of period
1,403,899

 
2,507,922

 
2,458,933

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

 
15,111,778

 
10,412,246

Other comprehensive income before reclassifications
1,536,416

 
16,139,845

 
10,138,902

Amounts reclassified from accumulated other comprehensive income
(10,135,535
)
 
(11,784,182
)
 
(5,439,370
)
Net current-period change
(8,599,119
)
 
4,355,663

 
4,699,532

Balance at end of period
10,868,322

 
19,467,441

 
15,111,778

Unrealized gains (losses) on derivatives:
 
 
 
 
 
Balance at beginning of period

 

 

Other comprehensive income before reclassifications
(959,206
)
 

 

Amounts reclassified from accumulated other comprehensive income

 

 

Net current-period change
(959,206
)
 

 

Balance at end of period
(959,206
)




 
 
 
 
 
 
Accumulated other comprehensive income, end of period
$
11,313,015

 
$
21,975,363

 
$
17,570,711

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, 2014, 2013 and 2012.
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,
 
 
 
 
2014
 
2013
 
2012
 
 
Unrealized gains and (losses) on available-for-sale securities
 
 
 
 
 
 
 
 
Realized gain (loss) on sale of securities
 
$
15,593,131

 
$
18,129,511

 
$
8,368,261

 
Other, net
Provision for Income Taxes
 
(5,457,596
)
 
(6,345,329
)
 
(2,928,891
)
 
Provision for Income Taxes
Total reclassifications for the period
 
$
10,135,535

 
$
11,784,182

 
$
5,439,370

 
Net of tax