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Segment Information
 3 Months Ended
Mar. 31, 2016
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, 2016 and 2015:
Three Months Ended March 31, 2016
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
22,391,723

 
$
1,572,155

 
$
(402,697
)
 
$
23,561,181

Investment income
1,054,786

 
142,893

 
(46,668
)
 
1,151,011

Net realized gain on investments
93,929

 
55,901

 
—

 
149,830

Total revenues
$
23,540,438

 
$
1,770,949

 
$
(449,365
)
 
$
24,862,022

Operating expenses
21,096,917

 
1,566,921

 
(385,277
)
 
22,278,561

Income before income taxes
$
2,443,521

 
$
204,028

 
$
(64,088
)
 
$
2,583,461

Total assets
$
159,904,411

 
$
47,437,179

 
$
—

 
$
207,341,590

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