XML 68 R55.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Investments in Securities and Fair Value Schedule of Carrying Value and Fair Value of Financial Assets (Details) - USD ($) | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012
--- | --- | --- | --- | ---
Financial Assets |  |  |  |
Cash and cash equivalents, carrying value | $ 21,790,068 | $ 15,826,515 | $ 23,626,761 | $ 20,810,018
Cost-basis investments, carrying value | 3,588,314 | 2,516,608 |  |
Accrued dividends and interest, carrying value | 1,004,126 | 1,063,837 |  |
Financial assets disclosed, carrying value | 26,382,508 | 19,406,960 |  |
Cash and cash equivalents, estimated fair value | 21,790,068 | 15,826,515 |  |
Cost-basis investments, estimated fair value | 3,684,020 | 2,675,817 |  |
Accrued dividends and interest, estimated fair value | 1,004,126 | 1,063,837 |  |
Financial assets disclosed, estimated fair value | 26,478,214 | 19,566,169 |  |
Level 1 |  |  |  |
Financial Assets |  |  |  |
Cash and cash equivalents, estimated fair value | 21,790,068 | 15,826,515 |  |
Cost-basis investments, estimated fair value | 0 | 0 |  |
Accrued dividends and interest, estimated fair value | 1,004,126 | 1,063,837 |  |
Financial assets disclosed, estimated fair value | 22,794,194 | 16,890,352 |  |
Level 2 |  |  |  |
Financial Assets |  |  |  |
Cash and cash equivalents, estimated fair value | 0 | 0 |  |
Cost-basis investments, estimated fair value | 0 | 0 |  |
Accrued dividends and interest, estimated fair value | 0 | 0 |  |
Financial assets disclosed, estimated fair value | 0 | 0 |  |
Level 3 |  |  |  |
Financial Assets |  |  |  |
Cash and cash equivalents, estimated fair value | 0 | 0 |  |
Cost-basis investments, estimated fair value | 3,684,020 | 2,675,817 |  |
Accrued dividends and interest, estimated fair value | 0 | 0 |  |
Financial assets disclosed, estimated fair value | $ 3,684,020 | $ 2,675,817 |  |

X
- Definition Accrued dividends and interest carrying value + References No definition available. + Details
Name: | itic_AccruedDividendsAndInterestCarryingValue
Namespace Prefix: | itic_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Accrued dividends and interest, Estimated fair value + References No definition available. + Details
Name: | itic_AccruedDividendsAndInterestEstimatedFairValue
Namespace Prefix: | itic_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Financial assets disclosed carrying value + References No definition available. + Details
Name: | itic_FinancialAssetsDisclosedCarryingValue
Namespace Prefix: | itic_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_AssetsFairValueDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a recurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. + References No definition available. + Details
Name: | us-gaap_AssetsFairValueDisclosureRecurring
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash -URI http://asc.fasb.org/extlink&oid=6506951 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3044-108585 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_CashAndCashEquivalentsAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash -URI http://asc.fasb.org/extlink&oid=6506951 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 + Details
Name: | us-gaap_CashAndCashEquivalentsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after adjustment, of cost-method investment. Adjustments include, but are not limited to, dividends received in excess of earnings after date of investment that are considered a return of investment and other than temporary impairments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 325 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6872867&loc=d3e40691-111596 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 325 -SubTopic 20 -Section 35 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=29638308&loc=d3e40346-111594 + Details
Name: | us-gaap_CostMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of investments accounted under the cost method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 325 -SubTopic 20 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=29638263&loc=d3e39828-111592 + Details
Name: | us-gaap_CostMethodInvestmentsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |