Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Schedule of AOCI

The following table presents the net changes in the Company's accumulated other comprehensive loss by component (all amounts shown are net of tax):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Foreign currency translation adjustments:
Balance at beginning of period	$	(5,484,932)	$	(4,153,406)	$	(4,534,719)	$	(4,032,239)
Other Comprehensive loss before reclassifications	(509,541)		(1,456,377)		(1,459,754)		(1,577,544)
Net current-period change	(509,541)		(1,456,377)		(1,459,754)		(1,577,544)
Balance at end of period	(5,994,473)		(5,609,783)		(5,994,473)		(5,609,783)
Unrealized (losses) gains on available-for-sale debt securities:
Balance at beginning of period	(1,981,394)		(8,071,091)		(2,022,403)		(10,110,695)
Other Comprehensive (loss) income before reclassifications	(281,297)		547,342		(829,754)		825,060
Amounts reclassified from accumulated other comprehensive income	281,511		(109,236)		870,977		1,652,650
Net current-period change	214		438,106		41,223		2,477,710
Balance at end of period	(1,981,180)		(7,632,985)		(1,981,180)		(7,632,985)
Accumulated other comprehensive loss, end of period	$	(7,975,653)	$	(13,242,768)	$	(7,975,653)	$	(13,242,768)

Schedule of Reclassifications Out of Other Comprehensive Income

The following table presents details of reclassifications out of accumulated other comprehensive loss for the three and six months ended June 30, 2024 and 2023:

Details about Accumulated Other Comprehensive Loss Components	Amounts Reclassified from Other Comprehensive Loss								Affected Line item in the Consolidated Statements of Income
	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Unrealized gains (losses) on available-for-sale debt securities
Realized gain (loss) on sale of securities	$	(356,343)	$	138,274	$	(1,102,503)	$	(2,091,962)	Investment income
Provision for income taxes	74,832		(29,038)		231,526		439,312		Provision for income taxes
Total net reclassifications for the period	$	(281,511)	$	109,236	$	(870,977)	$	(1,652,650)