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Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2015
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,
 
2015
 
2014
 
2013
Foreign currency translation adjustments:
 
 
 
 
 
Balance at beginning of period
$
1,403,899

 
$
2,507,922

 
$
2,458,933

Other comprehensive income before reclassifications
(1,448,808
)
 
(1,104,023
)
 
48,989

Amounts reclassified from accumulated other comprehensive income
—

 
—

 
—

Net current-period change
(1,448,808
)
 
(1,104,023
)
 
48,989

Balance at end of period
(44,909
)
 
1,403,899

 
2,507,922

Unrealized gains(losses) on available-for-sale securities:
 
 
 
 
 
Balance at beginning of period
10,868,322

 
19,467,441

 
15,111,778

Other comprehensive income before reclassifications
(5,513,842
)
 
1,536,416

 
16,139,845

Amounts reclassified from accumulated other comprehensive income
(4,524,573
)
 
(10,135,535
)
 
(11,784,182
)
Net current-period change
(10,038,415
)
 
(8,599,119
)
 
4,355,663

Balance at end of period
829,907

 
10,868,322

 
19,467,441

Unrealized gains (losses) on derivatives:
 
 
 
 
 
Balance at beginning of period
(959,206
)
 
—

 
—

Other comprehensive income before reclassifications
(1,659,115
)
 
(959,206
)
 
—

Amounts reclassified from accumulated other comprehensive income
702,487

 
—

 
—

Net current-period change
(956,628
)
 
(959,206
)
 
—

Balance at end of period
(1,915,834
)

(959,206
)

—

 
 
 
 
 
 
Accumulated other comprehensive income, end of period
$
(1,130,836
)
 
$
11,313,015

 
$
21,975,363

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, 2015, 2014 and 2013.
Details about Accumulated Other Comprehensive Income Components
 
 
 
Affected Line item in the Statement of Consolidated Income
 
 
For the Twelve Months ended December 31,
 
 
 
 
2015
 
2014
 
2013
 
 
Unrealized gains and (losses) on available-for-sale securities
 
 
 
 
 
 
 
 
Realized gain (loss) on sale of securities
 
$
6,960,881

 
$
15,593,131

 
$
18,129,511

 
Other, net
Provision for Income Taxes
 
(2,436,308
)
 
(5,457,596
)
 
(6,345,329
)
 
Provision for Income Taxes
Total reclassifications for the period
 
$
4,524,573

 
$
10,135,535

 
$
11,784,182

 
Net of tax
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on derivatives
 
 
 
 
 
 
 
 
Realized loss on interest rate swap
 
$
(1,080,750
)
 
$
—

 
$
—

 
Other, net
Provision for Income Taxes
 
378,263

 
—

 
—

 
Provision for Income Taxes
 
 
$
(702,487
)
 
$
—

 
$
—

 
Net of tax
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
3,822,086

 
$
10,135,535

 
$
11,784,182

 
Net of tax