Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2019

Equity [Abstract]

Schedule of AOCI

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,
	2019		2018		2019		2018
Foreign currency translation adjustments:
Balance at beginning of period	$	(1,851,574)	$	(194,395)	$	(1,674,887)	$	645,030
Other Comprehensive loss before reclassifications	(1,623,102)		(1,174,213)		(1,799,789)		(2,013,638)
Net current-period change	(1,623,102)		(1,174,213)		(1,799,789)		(2,013,638)
Balance at end of period	(3,474,676)		(1,368,608)		(3,474,676)		(1,368,608)
Unrealized gains (losses) on available-for-sale debt securities:
Balance at beginning of period	2,350,795		(271,939)		74,549		(16,349)
Other Comprehensive income (loss) before reclassifications	657,128		(276,010)		3,106,369		33,941
Amounts reclassified from accumulated other comprehensive income	(295,752)		(205,433)		(468,747)		(770,974)
Net current-period change	361,376		(481,443)		2,637,622		(737,033)
Balance at end of period	2,712,171		(753,382)		2,712,171		(753,382)
Unrealized gains on derivatives:
Balance at beginning of period	—		(12,770)		—		(78,026)
Other comprehensive income before reclassifications	—		114,889		—		175,308
Amounts reclassified from accumulated other comprehensive income	—		(102,119)		—		(97,282)
Net current-period change	—		12,770		—		78,026
Balance at end of period	—		—		—		—
Accumulated other comprehensive loss, end of period	$	(762,505)	$	(2,121,990)	$	(762,505)	$	(2,121,990)

Reclassifications out of other comprehensive income

The following table presents details of reclassifications out of accumulated other comprehensive income for the three and nine months ended September 30, 2019 and 2018.

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 June 30,
	2019		2018		2019		2018
Unrealized gains on available-for-sale debt securities
Realized gain on sale of securities	$	374,370	$	260,042	$	593,351	$	975,917	Other income (loss), net
Provision for income taxes	(78,618)		(54,609)		(124,604)		(204,943)		Provision for income taxes
	$	295,752	$	205,433	$	468,747	$	770,974	Net of tax
Unrealized gains on derivatives
Realized gain on interest rate swap	$	—	$	129,265	$	—	$	123,142	Other income (loss), net
Provision for income taxes	—		(27,146)		—		(25,860)		Provision for income taxes
	$	—	$	102,119	$	—	$	97,282	Net of tax
Total net reclassifications for the period	$	295,752	$	307,552	$	468,747	$	868,256	Net of tax