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Comprehensive Income
 9 Months Ended
Sep. 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 September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Balance at beginning of period
$
(1,179,199
)
 
$
(1,473,888
)
 
$
(2,862,999
)
 
$
(44,909
)
Other Comprehensive income (loss) before reclassifications
1,182,152

 
162,343

 
2,865,952

 
(1,266,636
)
Net current-period change
1,182,152

 
162,343

 
2,865,952

 
(1,266,636
)
Balance at end of period
2,953

 
(1,311,545
)
 
2,953

 
(1,311,545
)
Unrealized gains (losses) on available-for-sale securities:
 
 
 
 
 
 
 
Balance at beginning of period
4,818,677

 
870,945

 
2,788,975

 
829,907

Other Comprehensive income before reclassifications
1,371,712

 
2,269,315

 
4,111,338

 
1,993,505

Amounts reclassified from accumulated other comprehensive income
114,905

 
(94,489
)
 
(595,019
)
 
222,359

Net current-period change
1,486,617

 
2,174,826

 
3,516,319

 
2,215,864

Balance at end of period
6,305,294

 
3,045,771

 
6,305,294

 
3,045,771

Unrealized gains (losses) on derivatives:
 
 
 
 
 
 
 
Balance at beginning of period
(458,322
)
 
(2,872,655
)
 
(1,197,281
)
 
(1,915,834
)
Other comprehensive income (loss) before reclassifications
424

 
353,397

 
124,124

 
(1,321,890
)
Amounts reclassified from accumulated other comprehensive income
155,066

 
342,252

 
770,325

 
1,060,718

Net current-period change
155,490

 
695,649

 
894,449

 
(261,172
)
Balance at end of period
(302,832
)
 
(2,177,006
)
 
(302,832
)
 
(2,177,006
)
 
 
 
 
 
 
 
 
Accumulated other comprehensive income (loss), end of period
$
6,005,415

 
$
(442,780
)
 
$
6,005,415

 
$
(442,780
)






The following table presents details of reclassifications out of other comprehensive income for the three and nine months ended September 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 September 30,
 
Nine Months Ended September 30,
 
 
 
 
2017
 
2016
 
2017
 
2016
 
 
Unrealized gains (losses) on available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Realized (loss) gain on sale of securities
 
$
(176,777
)
 
$
145,367

 
$
915,414

 
$
(342,090
)
 
Other, net
Provision for Income Taxes
 
61,872

 
(50,878
)
 
(320,395
)
 
119,731

 
Provision for Income Taxes
 
 
$
(114,905
)
 
$
94,489

 
$
595,019

 
$
(222,359
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on derivatives
 
 
 
 
 
 
 
 
 
 
Realized loss on interest rate swap
 
$
(238,564
)
 
$
(526,542
)
 
$
(1,185,116
)
 
$
(1,631,875
)
 
Other, net
Provision for Income Taxes
 
83,498

 
184,290

 
414,791

 
571,157

 
Provision for Income Taxes
 
 
$
(155,066
)
 
$
(342,252
)
 
$
(770,325
)
 
$
(1,060,718
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(269,971
)
 
$
(247,763
)
 
$
(175,306
)
 
$
(1,283,077
)
 
Net of tax