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Comprehensive Income
 12 Months Ended
Dec. 31, 2017
Comprehensive Income [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 unrealized movement in derivative financial instruments designated as hedges.
 
For the Twelve Months ended December 31,
 
2017
 
2016
 
2015
Foreign currency translation adjustments:
 
 
 
 
 
Balance at beginning of period
$
(2,862,999
)
 
$
(44,909
)
 
$
1,403,899

Other comprehensive loss before reclassifications
3,508,029

 
(2,818,090
)
 
(1,448,808
)
Net current-period change
3,508,029

 
(2,818,090
)
 
(1,448,808
)
Balance at end of period
645,030

 
(2,862,999
)
 
(44,909
)
Unrealized gains (losses) on available-for-sale securities:
 
 
 
 
 
Balance at beginning of period
2,788,975

 
829,907

 
10,868,322

Other comprehensive income (loss) before reclassifications
4,444,360

 
2,167,196

 
(5,513,842
)
Amounts reclassified from accumulated other comprehensive income
(606,956
)
 
(208,128
)
 
(4,524,573
)
Net current-period change
3,837,404

 
1,959,068

 
(10,038,415
)
Balance at end of period
6,626,379

 
2,788,975

 
829,907

Unrealized gains (losses) on derivatives:
 
 
 
 
 
Balance at beginning of period
(1,197,281
)
 
(1,915,834
)
 
(959,206
)
Other comprehensive income (loss) before reclassifications
248,042

 
(672,419
)
 
(1,659,115
)
Amounts reclassified from accumulated other comprehensive income
871,213

 
1,390,972

 
702,487

Net current-period change
1,119,255

 
718,553

 
(956,628
)
Balance at end of period
(78,026
)

(1,197,281
)

(1,915,834
)
 
 
 
 
 
 
Accumulated other comprehensive income (loss), end of period
$
7,193,383

 
$
(1,271,305
)
 
$
(1,130,836
)
All amounts are shown net of tax. Amounts in parentheses indicate debits.

The following table presents details of reclassifications out of other comprehensive income for the twelve months ended December 31, 2017, 2016 and 2015.
Details about Accumulated Other Comprehensive Income Components
 
 
 
Affected Line item in the Statement of Consolidated Income
 
 
For the Twelve Months ended December 31,
 
 
 
 
2017
 
2016
 
2015
 
 
Unrealized gains and (losses) on available-for-sale securities
 
 
 
 
 
 
 
 
Realized gain on sale of securities
 
$
933,778

 
$
320,197

 
$
6,960,881

 
Other, net
Provision for Income Taxes
 
(326,822
)
 
(112,069
)
 
(2,436,308
)
 
Provision for Income Taxes
Total reclassifications for the period
 
$
606,956

 
$
208,128

 
$
4,524,573

 
Net of tax
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on derivatives
 
 
 
 
 
 
 
 
Realized loss on interest rate swap
 
$
(1,340,329
)
 
$
(2,139,958
)
 
$
(1,080,750
)
 
Other, net
Provision for Income Taxes
 
469,116

 
748,986

 
378,263

 
Provision for Income Taxes
 
 
$
(871,213
)
 
$
(1,390,972
)
 
$
(702,487
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(264,257
)
 
$
(1,182,844
)
 
$
3,822,086

 
Net of tax