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Comprehensive Income
 9 Months Ended
Sep. 30, 2016
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, foreign currency translation adjustments, and derivatives.

The following table presents the net changes in the Company's accumulated other comprehensive income (loss) by component: (All amounts shown are net of tax).
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Balance at beginning of period
$
(1,473,888
)
 
$
761,692

 
$
(44,909
)
 
$
1,403,899

Other Comprehensive (loss) income before reclassifications
162,343

 
(396,685
)
 
(1,266,636
)
 
(1,038,892
)
Net current-period change
162,343

 
(396,685
)
 
(1,266,636
)
 
(1,038,892
)
Balance at end of period
(1,311,545
)
 
365,007

 
(1,311,545
)
 
365,007

Unrealized gains (losses) on available-for-sale securities:
 
 
 
 
 
 
 
Balance at beginning of period
870,945

 
8,551,564

 
829,907

 
10,868,322

Other Comprehensive income (loss) before reclassifications
2,269,315

 
(6,353,685
)
 
1,993,505

 
(5,727,233
)
Amounts reclassified from accumulated other comprehensive income
(94,489
)
 
(1,321,982
)
 
222,359

 
(4,265,192
)
Net current-period change
2,174,826

 
(7,675,667
)
 
2,215,864

 
(9,992,425
)
Balance at end of period
3,045,771

 
875,897

 
3,045,771

 
875,897

Unrealized gains (losses) on derivatives:
 
 
 
 
 
 
 
Balance at beginning of period
(2,872,655
)
 
(2,173,354
)
 
(1,915,834
)
 
(959,206
)
Other comprehensive income (loss) before reclassifications
353,397

 
(1,113,648
)
 
(1,321,890
)
 
(2,327,796
)
Amounts reclassified from accumulated other comprehensive income
342,252

 
284,472

 
1,060,718

 
284,472

Net current-period change
695,649

 
(829,176
)
 
(261,172
)
 
(2,043,324
)
Balance at end of period
(2,177,006
)
 
(3,002,530
)
 
(2,177,006
)
 
(3,002,530
)
 
 
 
 
 
 
 
 
Accumulated other comprehensive income (loss), end of period
$
(442,780
)
 
$
(1,761,626
)
 
$
(442,780
)
 
$
(1,761,626
)









The following table presents details of reclassifications out of other comprehensive income for the three and nine months ended September 30, 2016 and 2015.

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,
 
Nine Months Ended September 30,
 
 
 
 
2016
 
2015
 
2016
 
2015
 
 
Unrealized gains on available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Realized gain (loss) on sale of securities
 
$
145,367

 
$
2,033,819

 
$
(342,090
)
 
$
6,561,834

 
Other, net
Provision for Income Taxes
 
(50,878
)
 
(711,837
)
 
119,732

 
(2,296,642
)
 
Provision for Income Taxes
 
 
$
94,489

 
$
1,321,982

 
$
(222,358
)
 
$
4,265,192

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on derivatives
 
 
 
 
 
 
 
 
 
 
Realized loss on interest rate swap
 
$
(526,542
)
 
$
(437,650
)
 
$
(1,631,875
)
 
$
(437,650
)
 
Other, net
Provision for Income Taxes
 
184,290

 
153,178

 
571,156

 
153,178

 
Provision for Income Taxes
 
 
$
(342,252
)
 
$
(284,472
)
 
$
(1,060,719
)
 
$
(284,472
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(247,763
)
 
$
1,037,510

 
$
(1,283,077
)
 
$
3,980,720

 
Net of tax