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Segment Information
 12 Months Ended
Dec. 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 December 31, 2014, 2013 and 2012:
2014
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
114,279,532

 
$
5,904,059

 
$
(1,592,100
)
 
$
118,591,491

Investment income
3,835,209

 
517,628

 
(93,336
)
 
4,259,501

Net realized gain on investments
213,709

 
54,585

 
—

 
268,294

Total revenues
$
118,328,450

 
$
6,476,272

 
$
(1,685,436
)
 
$
123,119,286

Operating expenses
105,290,627

 
5,862,577

 
(1,522,416
)
 
109,630,788

Income before income taxes
$
13,037,823

 
$
613,695

 
$
(163,020
)
 
$
13,488,498

Total assets
$
153,072,950

 
$
44,966,260

 
$
—

 
$
198,039,210

2013
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
118,153,904

 
$
5,507,069

 
$
(1,499,884
)
 
$
122,161,089

Investment income
3,599,106

 
388,838

 
(93,336
)
 
3,894,608

Net realized gain (loss) on investments
225,661

 
(29,861
)
 
—

 
195,800

Total revenues
$
121,978,671

 
$
5,866,046

 
$
(1,593,220
)
 
$
126,251,497

Operating expenses
99,899,804

 
6,239,155

 
(1,430,200
)
 
104,708,759

Income (loss) before income taxes
$
22,078,867

 
$
(373,109
)
 
$
(163,020
)
 
$
21,542,738

Total assets
$
146,110,146

 
$
42,195,670

 
$
—

 
$
188,305,816

2012
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
106,496,802

 
$
4,931,574

 
$
(1,395,934
)
 
$
110,032,442

Investment income
3,492,998

 
571,999

 
(84,586
)
 
3,980,411

Net realized gain on investments
430,495

 
635,744

 
—

 
1,066,239

Total revenues
$
110,420,295

 
$
6,139,317

 
$
(1,480,520
)
 
$
115,079,092

Operating expenses
94,909,649

 
5,433,207

 
(1,343,671
)
 
98,999,185

Income before income taxes
$
15,510,646

 
$
706,110

 
$
(136,849
)
 
$
16,079,907

Total assets
$
136,042,848

 
$
35,875,428

 
$
—

 
$
171,918,276