Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Accumulated Other Comprehensive Income (Loss)


	For the Years ended December 31,
	2022		2021		2020
Foreign currency translation adjustments:
Balance at beginning of period	$	920,589	$	769,045	$	(2,384,589)
Other comprehensive income (loss) before reclassifications	(4,952,828)		151,544		3,153,634

Net current-period change	(4,952,828)		151,544		3,153,634
Balance at end of period	(4,032,239)		920,589		769,045

Unrealized gains (losses) on available-for-sale securities:
Balance at beginning of period	1,006,655		6,082,007		1,095,486
Other comprehensive income before reclassifications	(12,470,515)		(4,228,434)		6,644,459
Amounts reclassified from accumulated other comprehensive income	1,353,165		(846,918)		(1,657,938)
Net current-period change	(11,117,350)		(5,075,352)		4,986,521
Balance at end of period	(10,110,695)		1,006,655		6,082,007







Accumulated other comprehensive (loss) income, end of period	$	(14,142,934)	$	1,927,244	$	6,851,052

Reclassification Out of Accumulated Other Comprehensive Income

The following table presents details of reclassifications out of accumulated other comprehensive income for the years ended December 31, 2022, 2021 and 2020:


Details about Accumulated Other Comprehensive Income Components							Affected Line item in the Statement of Consolidated Income
	For the Years ended December 31,
	2022		2021		2020
Unrealized gains on available-for-sale debt securities
Realized gain on sale of securities	$	(1,712,867)	$	1,072,048	$	2,098,656	Other income, net
Provision for income taxes	359,702		(225,130)		(440,718)		Provision for Income Taxes







Total reclassifications for the period	$	(1,353,165)	$	846,918	$	1,657,938	Net of tax