XML 112 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements Of Comprehensive Income (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Statement of Comprehensive Income [Abstract]      
Net income $ 9,672,498us-gaap_ProfitLoss $ 14,796,738us-gaap_ProfitLoss $ 11,190,907us-gaap_ProfitLoss
Other comprehensive income, before tax:      
Amortization (accretion) related to prior year service cost 2,217us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax (1,518)us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax 9,396us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
Amortization of unrecognized loss 0us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax 6,293us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax 680us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
Accumulated postretirement (benefit) provision obligation adjustment (47,121)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax 77,213us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax (82,918)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
Unrealized gains on investments arising during the period 2,848,256us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax 3,959,623us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax 3,190,737us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
Reclassification adjustment for sale of securities included in net income (518,279)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax (229,869)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax (1,166,179)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
Reclassification adjustment for write-down of securities included in net income 14,542us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax 34,070us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax 99,940us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
Other 0itic_ComprehensiveIncomeOther 0itic_ComprehensiveIncomeOther (36,600)itic_ComprehensiveIncomeOther
Other comprehensive income, before tax 2,299,615us-gaap_OtherComprehensiveIncomeLossBeforeTax 3,845,812us-gaap_OtherComprehensiveIncomeLossBeforeTax 2,015,056us-gaap_OtherComprehensiveIncomeLossBeforeTax
Income tax (benefit) expense related to postretirement health benefits (15,269)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax 27,887us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax (24,764)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
Income tax expense related to unrealized gains on investments arising during the year 974,145us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax 1,354,439us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax 1,122,003us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
Income tax benefit related to reclassification adjustment for sale of securities included in net income (173,403)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax (78,622)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax (426,017)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
Income tax expense related to reclassification adjustment for write-down of securities included in net income 5,037us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax 13,134us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax 34,569us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax
Net income tax expense on other comprehensive income 790,510us-gaap_OtherComprehensiveIncomeLossTax 1,316,838us-gaap_OtherComprehensiveIncomeLossTax 705,791us-gaap_OtherComprehensiveIncomeLossTax
Other comprehensive income 1,509,105us-gaap_OtherComprehensiveIncomeLossNetOfTax 2,528,974us-gaap_OtherComprehensiveIncomeLossNetOfTax 1,309,265us-gaap_OtherComprehensiveIncomeLossNetOfTax
Comprehensive Income 11,181,603us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 17,325,712us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 12,500,172us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Less: Comprehensive income attributable to redeemable noncontrolling interest (23,523)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (88,528)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (88,411)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
Comprehensive Income Attributable to the Company $ 11,158,080us-gaap_ComprehensiveIncomeNetOfTax $ 17,237,184us-gaap_ComprehensiveIncomeNetOfTax $ 12,411,761us-gaap_ComprehensiveIncomeNetOfTax