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Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
NET LOSS $ (72,547)us-gaap_NetIncomeLoss $ (54,164)us-gaap_NetIncomeLoss
OTHER COMPREHENSIVE INCOME:    
Unrealized holding gains arising during period 4,999,552us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax 7,168,195us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
Reclassification adjustment for losses (gains) included in income (158,828)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax [1] 3,806us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax [1]
Adjustment for effects of deferred acquisition costs (119,053)ihrc_OtherComprehensiveIncomeLossAdjustmentForEffectsOfDeferredAcquisitionCostsBeforeTax (191,144)ihrc_OtherComprehensiveIncomeLossAdjustmentForEffectsOfDeferredAcquisitionCostsBeforeTax
Net unrealized gains on investments 4,721,671us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax 6,980,857us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
Amortization of actuarial net loss in net periodic pension cost 190,558us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax [2] 97,603us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax [2]
Other comprehensive income before income taxes 4,912,229us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent 7,078,460us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
Income tax expense 1,670,158us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1 2,406,676us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
OTHER COMPREHENSIVE INCOME, NET OF TAXES 3,242,071us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 4,671,784us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
COMPREHENSIVE INCOME $ 3,169,524us-gaap_ComprehensiveIncomeNetOfTax $ 4,617,620us-gaap_ComprehensiveIncomeNetOfTax
[1] These items appear within net realized gains (losses) on investments in the consolidated income statements.
[2] These items are included in the computation of net periodic pension cost (see Note 10).