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Comprehensive Income
 6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Balance at beginning of period
$
(2,674,409
)
 
$
279,935

 
$
(2,862,999
)
 
$
(44,909
)
Other Comprehensive income (loss) before reclassifications
1,495,210

 
(1,753,823
)
 
1,683,800

 
(1,428,979
)
Net current-period change
1,495,210

 
(1,753,823
)
 
1,683,800

 
(1,428,979
)
Balance at end of period
(1,179,199
)
 
(1,473,888
)
 
(1,179,199
)
 
(1,473,888
)
Unrealized gains (losses) on available-for-sale securities:
 
 
 
 
 
 
 
Balance at beginning of period
4,199,640

 
622,330

 
2,788,975

 
829,907

Other Comprehensive income (loss) before reclassifications
1,164,243

 
232,539

 
2,739,626

 
(275,809
)
Amounts reclassified from accumulated other comprehensive income
(545,206
)
 
16,076

 
(709,924
)
 
316,847

Net current-period change
619,037

 
248,615

 
2,029,702

 
41,038

Balance at end of period
4,818,677

 
870,945

 
4,818,677

 
870,945

Unrealized gains (losses) on derivatives:
 
 
 
 
 
 
 
Balance at beginning of period
(779,997
)
 
(2,794,347
)
 
(1,197,281
)
 
(1,915,834
)
Other comprehensive income (loss) before reclassifications
(23,617
)
 
(437,811
)
 
123,701

 
(1,675,287
)
Amounts reclassified from accumulated other comprehensive income
345,292

 
359,503

 
615,258

 
718,466

Net current-period change
321,675

 
(78,308
)
 
738,959

 
(956,821
)
Balance at end of period
(458,322
)
 
(2,872,655
)
 
(458,322
)
 
(2,872,655
)
 
 
 
 
 
 
 
 
Accumulated other comprehensive income (loss), end of period
$
3,181,156

 
$
(3,475,598
)
 
$
3,181,156

 
$
(3,475,598
)






The following table presents details of reclassifications out of other comprehensive income for the six months ended June 30, 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 June 30,
 
Six Months Ended June 30,
 
 
 
 
2017
 
2016
 
2017
 
2016
 
 
Unrealized gains on available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Realized gain (loss) on sale of securities
 
$
838,778

 
$
(24,733
)
 
$
1,092,191

 
$
(487,457
)
 
Other, net
Provision for Income Taxes
 
(293,572
)
 
8,657

 
(382,267
)
 
170,610

 
Provision for Income Taxes
 
 
$
545,206

 
$
(16,076
)
 
$
709,924

 
$
(316,847
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on derivatives
 
 
 
 
 
 
 
 
 
 
Realized loss on interest rate swap
 
$
(531,219
)
 
$
(553,083
)
 
$
(946,552
)
 
$
(1,105,333
)
 
Other, net
Provision for Income Taxes
 
185,927

 
193,580

 
331,294

 
386,867

 
Provision for Income Taxes
 
 
$
(345,292
)
 
$
(359,503
)
 
$
(615,258
)
 
$
(718,466
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
199,914

 
$
(375,579
)
 
$
94,666

 
$
(1,035,313
)
 
Net of tax