Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2022

Comprehensive Income Note Disclosure [Abstract]

Schedule of changes in each component of AOCI

The following table presents the changes in each component of AOCI, net of noncontrolling interests:

	Unrealized Appreciation on Available-For-Sale Investments		Foreign Currency Translation Adjustments		Total
Year Ended December 31, 2022
Beginning balance	$	13,486	$	(78,086)	$	(64,600)
Other comprehensive income (loss) before reclassifications	(1,772,649)		(56,720)		(1,829,369)
Amounts reclassified from accumulated other comprehensive income	247,799		—		247,799
Net current period other comprehensive income (loss)	(1,524,850)		(56,720)		(1,581,570)
Ending balance	$	(1,511,364)	$	(134,806)	$	(1,646,170)
Year Ended December 31, 2021
Beginning balance	$	501,295	$	(12,400)	$	488,895
Other comprehensive income (loss) before reclassifications	(371,741)		(65,686)		(437,427)
Amounts reclassified from accumulated other comprehensive income	(116,068)		—		(116,068)
Net current period other comprehensive income (loss)	(487,809)		(65,686)		(553,495)
Ending balance	$	13,486	$	(78,086)	$	(64,600)
Year Ended December 31, 2020
Beginning balance	$	258,486	$	(46,395)	$	212,091
Other comprehensive income (loss) before reclassifications	668,996		33,995		702,991
Amounts reclassified from accumulated other comprehensive income	(426,187)		—		(426,187)
Net current period other comprehensive income (loss)	242,809		33,995		276,804
Ending balance	$	501,295	$	(12,400)	$	488,895

Details about amounts reclassified from AOCI

The following tables present details about amounts reclassified from accumulated other comprehensive income and the tax effects allocated to each component of other comprehensive income (loss):

	Consolidated Statement of Income	Amounts Reclassified from AOCI
Details About	Line Item That Includes	Year Ended December 31,
AOCI Components	Reclassification	2022		2021		2020
Unrealized appreciation on available-for-sale investments
	Net realized gains (losses)	$	(235,989)	$	157,095	$	478,659
	Provision for credit losses	(43,909)		(2,099)		(3,597)
	Other-than-temporary impairment losses	—		—		(533)
	Total before tax	(279,898)		154,996		474,529
	Income tax (expense) benefit	32,099		(38,928)		(48,342)
	Net of tax	$	(247,799)	$	116,068	$	426,187

Schedule of tax effects allocated to each component of other comprehensive income (loss)

Following are the related tax effects allocated to each component of other comprehensive income (loss):

	Before Tax		Tax Expense		Net of Tax
	Amount		(Benefit)		Amount
Year Ended December 31, 2022
Unrealized appreciation (decline) in value of investments:
Unrealized holding gains (losses) arising during period	$	(2,010,443)	$	(237,794)	$	(1,772,649)
Less reclassification of net realized gains (losses) included in net income	(279,898)		(32,099)		(247,799)
Foreign currency translation adjustments	(56,554)		166		(56,720)
Other comprehensive income (loss)	$	(1,787,099)	$	(205,529)	$	(1,581,570)
Year Ended December 31, 2021
Unrealized appreciation (decline) in value of investments:
Unrealized holding gains (losses) arising during period	$	(406,774)	$	(19,845)	$	(386,929)
Less reclassification of net realized gains (losses) included in net income	154,996		38,928		116,068
Foreign currency translation adjustments	(64,423)		59		(64,482)
Other comprehensive income (loss)	$	(626,193)	$	(58,714)	$	(567,479)
Year Ended December 31, 2020
Unrealized appreciation (decline) in value of investments:
Unrealized holding gains (losses) arising during period	$	754,572	$	75,855	$	678,717
Less reclassification of net realized gains (losses) included in net income	474,529		48,342		426,187
Foreign currency translation adjustments	33,706		370		33,336
Other comprehensive income (loss)	$	313,749	$	27,883	$	285,866