Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

Schedule of AOCI

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Foreign currency translation adjustments:
Balance at beginning of period	$	879,832	$	(2,940,052)	$	769,045	$	(2,384,589)
Other Comprehensive income (loss) before reclassifications	(349,165)		1,823,667		(238,378)		1,268,204
Net current-period change	(349,165)		1,823,667		(238,378)		1,268,204
Balance at end of period	530,667		(1,116,385)		530,667		(1,116,385)
Unrealized gains on available-for-sale debt securities:
Balance at beginning of period	3,385,206		5,679,296		6,082,007		1,095,486
Other Comprehensive income (loss) before reclassifications	(645,273)		208,503		(2,727,750)		5,543,455
Amounts reclassified from accumulated other comprehensive income	—		(324,354)		(614,324)		(1,075,496)
Net current-period change	(645,273)		(115,851)		(3,342,074)		4,467,959
Balance at end of period	2,739,933		5,563,445		2,739,933		5,563,445
Accumulated other comprehensive income, end of period	$	3,270,600	$	4,447,060	$	3,270,600	$	4,447,060

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, 2021 and 2020:

Details about Accumulated Other Comprehensive Income Components	Amounts Reclassified from Other Comprehensive Income								Affected Line item in the Consolidated Statements of Income
	Three Months Ended September 30,				Nine Months Ended September
	2021		2020		2021		2020
Unrealized gains on available-for-sale debt securities
Realized gain on sale  of securities	$	—	$	410,575	$	777,625	$	1,361,387	Investment income
Provision for income taxes	—		(86,221)		(163,301)		(285,891)		Provision for income taxes
Total net reclassifications for the period	$	—	$	324,354	$	614,324	$	1,075,496	Net of tax