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Comprehensive Income
 3 Months Ended
Mar. 31, 2017
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 March 31,
 
2017
 
2016
Foreign currency translation adjustments:
 
 
 
Balance at beginning of period
$
(2,862,999
)
 
$
(44,909
)
Other Comprehensive income before reclassifications
188,590

 
324,844

Net current-period change
188,590

 
324,844

Balance at end of period
(2,674,409
)
 
279,935

Unrealized gains (losses) on available-for-sale securities:
 
 
 
Balance at beginning of period
2,788,975

 
829,907

Other Comprehensive income (loss) before reclassifications
1,575,383

 
(508,348
)
Amounts reclassified from accumulated other comprehensive income
(164,718
)
 
300,771

Net current-period change
1,410,665

 
(207,577
)
Balance at end of period
4,199,640

 
622,330

Unrealized gains (losses) on derivatives:
 
 
 
Balance at beginning of period
(1,197,281
)
 
(1,915,834
)
Other comprehensive income (loss) before reclassifications
147,318

 
(1,237,475
)
Amounts reclassified from accumulated other comprehensive income
269,966

 
358,962

Net current-period change
417,284

 
(878,513
)
Balance at end of period
(779,997
)
 
(2,794,347
)
 
 
 
 
Accumulated other comprehensive income (loss), end of period
$
745,234

 
$
(1,892,082
)













The following table presents details of reclassifications out of other comprehensive income for the three months ended March 31, 2017 and 2016.
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 March 31,
 
 
 
 
2016
 
2015
 
 
Unrealized gains on available-for-sale securities
 
 
 
 
 
 
Realized gain (loss) on sale of securities
 
$
253,413

 
$
(462,724
)
 
Other, net
Provision for Income Taxes
 
(88,695
)
 
161,953

 
Provision for Income Taxes
 
 
$
164,718

 
$
(300,771
)
 
Net of tax
 
 
 
 
 
 
 
Unrealized gains (losses) on derivatives
 
 
 
 
 
 
Realized loss on interest rate swap
 
$
(415,333
)
 
$
(552,250
)
 
Other, net
Provision for Income Taxes
 
145,367

 
193,288

 
Provision for Income Taxes
 
 
$
(269,966
)
 
$
(358,962
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(105,248
)
 
$
(659,733
)
 
Net of tax