Segment Information

3 Months Ended

Mar. 31, 2015

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, 2015 and 2014:

Three Months Ended March 31, 2015	Title Insurance		All Other			Intersegment Eliminations			Total
Insurance and other services revenues	$	25,995,525	$	1,464,157		$	(350,715	)	$	27,108,967
Investment income	1,050,775		150,598			(23,334		)	1,178,039
Net realized gain on investments	14,379		424			—			14,803
Total revenues	$	27,060,679	$	1,615,179		$	(374,049	)	$	28,301,809
Operating expenses	24,597,471		1,668,508			(333,294		)	25,932,685
Income (loss) before income taxes	$	2,463,208	$	(53,329	)	$	(40,755	)	$	2,369,124
Total assets	$	150,689,425	$	46,307,485		$	—		$	196,996,910

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