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Segment Information
 9 Months Ended
Sep. 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 September 30, 2013 and 2012:
Three Months Ended September 30, 2013
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
31,343,108

 
$
1,396,309

 
$
(386,454
)
 
$
32,352,963

Investment income
919,819

 
93,854

 
(23,335
)
 
990,338

Net realized gain on investments
250,600

 
11,338

 
—

 
261,938

Total revenues
$
32,513,527

 
$
1,501,501

 
$
(409,789
)
 
$
33,605,239

Operating expenses
24,212,255

 
1,485,494

 
(369,033
)
 
25,328,716

Income before income taxes
$
8,301,272

 
$
16,007

 
$
(40,756
)
 
$
8,276,523

Total assets
$
151,795,001

 
$
37,362,629

 
$
—

 
$
189,157,630

Three Months Ended September 30, 2012
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
30,429,446

 
$
1,356,733

 
$
(571,134
)
 
$
31,215,045

Investment income
832,241

 
150,749

 
(20,417
)
 
962,573

Net realized gain on investments
85,560

 
14,230

 
—

 
99,790

Total revenues
$
31,347,247

 
$
1,521,712

 
$
(591,551
)
 
$
32,277,408

Operating expenses
27,086,970

 
1,026,236

 
(553,713
)
 
27,559,493

Income before income taxes
$
4,260,277

 
$
495,476

 
$
(37,838
)
 
$
4,717,915

Total assets
$
132,713,703

 
$
37,296,333

 
$
—

 
$
170,010,036

Nine Months Ended September 30, 2013
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
88,063,272

 
$
4,004,766

 
$
(1,090,550
)
 
$
90,977,488

Investment income
2,626,642

 
279,231

 
(70,003
)
 
2,835,870

Net realized gain (loss) on investments
341,674

 
(8,120
)
 
—

 
333,554

Total revenues
$
91,031,588

 
$
4,275,877

 
$
(1,160,553
)
 
$
94,146,912

Operating expenses
71,657,966

 
4,629,241

 
(1,038,286
)
 
75,248,921

Income (loss) before income taxes
$
19,373,622

 
$
(353,364
)
 
$
(122,267
)
 
$
18,897,991

Total assets
$
151,795,001

 
$
37,362,629

 
$
—

 
$
189,157,630

Nine Months Ended September 30, 2012
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
74,967,470

 
$
3,635,577

 
$
(1,138,611
)
 
$
77,464,436

Investment income
2,566,875

 
444,129

 
(61,252
)
 
2,949,752

Net realized gain on investments
182,249

 
175,570

 
—

 
357,819

Total revenues
$
77,716,594

 
$
4,255,276

 
$
(1,199,863
)
 
$
80,772,007

Operating expenses
66,772,534

 
3,820,487

 
(1,103,769
)
 
69,489,252

Income before income taxes
$
10,944,060

 
$
434,789

 
$
(96,094
)
 
$
11,282,755

Total assets
$
132,713,703

 
$
37,296,333

 
$
—

 
$
170,010,036