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Segment Information
 6 Months Ended
Jun. 30, 2013
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 June 30, 2013 and 2012:
Three Months Ended
June 30, 2013
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
31,691,606

 
$
1,382,206

 
$
(360,731
)
 
$
32,713,081

Investment income
858,168

 
90,213

 
(23,334
)
 
925,047

Net realized gain (loss) on investments
59,473

 
(4,201
)
 
—

 
55,272

Total revenues
$
32,609,247

 
$
1,468,218

 
$
(384,065
)
 
$
33,693,400

Operating expenses
26,580,339

 
1,586,320

 
(343,309
)
 
27,823,350

Income (loss) before income taxes
$
6,028,908

 
$
(118,102
)
 
$
(40,756
)
 
$
5,870,050

Total assets
$
144,732,176

 
$
35,793,158

 
$
—

 
$
180,525,334

Three Months Ended
June 30, 2012
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
24,264,268

 
$
1,102,786

 
$
(361,795
)
 
$
25,005,259

Investment income
880,803

 
149,533

 
(20,418
)
 
1,009,918

Net realized (loss) gain on investments
(85,725
)
 
150,873

 
—

 
65,148

Total revenues
$
25,059,346

 
$
1,403,192

 
$
(382,213
)
 
$
26,080,325

Operating expenses
20,430,840

 
1,374,158

 
(344,374
)
 
21,460,624

Income before income taxes
$
4,628,506

 
$
29,034

 
$
(37,839
)
 
$
4,619,701

Total assets
$
124,109,659

 
$
39,987,225

 
$
—

 
$
164,096,884

Six Months Ended
June 30, 2013
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
56,720,164

 
$
2,608,457

 
$
(704,096
)
 
$
58,624,525

Investment income
1,706,823

 
185,377

 
(46,668
)
 
1,845,532

Net realized gain (loss) on investments
91,074

 
(19,458
)
 
—

 
71,616

Total revenues
$
58,518,061

 
$
2,774,376

 
$
(750,764
)
 
$
60,541,673

Operating expenses
47,445,711

 
3,143,747

 
(669,253
)
 
49,920,205

Income (loss) before income taxes
$
11,072,350

 
$
(369,371
)
 
$
(81,511
)
 
$
10,621,468

Total assets
$
144,732,176

 
$
35,793,158

 
$
—

 
$
180,525,334

Six Months Ended
June 30, 2012
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
44,538,024

 
$
2,278,844

 
$
(567,477
)
 
$
46,249,391

Investment income
1,734,634

 
293,380

 
(40,835
)
 
1,987,179

Net realized gain on investments
96,689

 
161,340

 
—

 
258,029

Total revenues
$
46,369,347

 
$
2,733,564

 
$
(608,312
)
 
$
48,494,599

Operating expenses
39,685,564

 
2,794,251

 
(550,056
)
 
41,929,759

Income (loss) before income taxes
$
6,683,783

 
$
(60,687
)
 
$
(58,256
)
 
$
6,564,840

Total assets
$
124,109,659

 
$
39,987,225

 
$
—

 
$
164,096,884