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Segment Information
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information

The Company has one reportable segment, title insurance services.  The remaining immaterial segments have been combined into a group called “All Other.”

The title insurance segment primarily issues title insurance policies through approved attorneys from underwriting offices and through independent issuing agents. Title insurance policies insure titles to real estate.

Provided below is selected financial information about the Company's operations by segment for the periods ended March 31, 2014 and 2013:

Three Months Ended March 31, 2014
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
25,807,450

 
$
1,453,301

 
$
(325,230
)
 
$
26,935,521

Investment income
928,512

 
121,238

 
(23,334
)
 
1,026,416

Net realized gain on investments
437,608

 
54,529

 

 
492,137

Total revenues
$
27,173,570

 
$
1,629,068

 
$
(348,564
)
 
$
28,454,074

Operating expenses
25,724,928

 
1,680,440

 
(307,809
)
 
27,097,559

Income (loss) before income taxes
$
1,448,642

 
$
(51,372
)
 
$
(40,755
)
 
$
1,356,515

Total assets
$
143,241,843

 
$
42,085,290

 
$

 
$
185,327,133

Three Months Ended March 31, 2013
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
25,028,558

 
$
1,226,251

 
$
(343,365
)
 
$
25,911,444

Investment income
848,655

 
95,164

 
(23,334
)
 
920,485

Net realized gain (loss) on investments
31,601

 
(15,257
)
 

 
16,344

Total revenues
$
25,908,814

 
$
1,306,158

 
$
(366,699
)
 
$
26,848,273

Operating expenses
20,865,372

 
1,557,427

 
(325,944
)
 
22,096,855

Income (loss) before income taxes
$
5,043,442

 
$
(251,269
)
 
$
(40,755
)
 
$
4,751,418

Total assets
$
136,734,324

 
$
37,401,725

 
$

 
$
174,136,049