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Segment Information (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Selected Financial Information About The Company's Operations By Segment
Provided below is selected financial information about the Company's operations by segment for the periods ended September 30, 2017 and 2016:
Three Months Ended September 30, 2017
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
41,095,694

 
$
1,985,959

 
$
(1,835,180
)
 
$
41,246,473

Investment income
1,067,565

 
136,159

 
(116,670
)
 
1,087,054

Net realized gain on investments
749,396

 
54,542

 

 
803,938

Total revenues
$
42,912,655

 
$
2,176,660

 
$
(1,951,850
)
 
$
43,137,465

Operating expenses
34,127,244

 
1,911,366

 
(1,817,760
)
 
34,220,850

Income before income taxes
$
8,785,411

 
$
265,294

 
$
(134,090
)
 
$
8,916,615

Total assets
$
201,137,770

 
$
52,059,950

 
$

 
$
253,197,720

Three Months Ended September 30, 2016
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
38,285,551

 
$
1,666,214

 
$
(550,369
)
 
$
39,401,396

Investment income
1,079,118

 
140,201

 
(58,336
)
 
1,160,983

Net realized gain (loss) on investments
439,501

 
(175
)
 

 
439,326

Total revenues
$
39,804,170

 
$
1,806,240

 
$
(608,705
)
 
$
41,001,705

Operating expenses
28,487,268

 
1,669,217

 
(532,947
)
 
29,623,538

Income before income taxes
$
11,316,902

 
$
137,023

 
$
(75,758
)
 
$
11,378,167

Total assets
$
180,436,004

 
$
42,672,325

 
$

 
$
223,108,329

Nine Months Ended September 30, 2017
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
115,573,247

 
$
5,495,136

 
$
(4,285,759
)
 
$
116,782,624

Investment income
3,168,384

 
406,342

 
(277,092
)
 
3,297,634

Net realized gain on investments
893,554

 
96,564

 

 
990,118

Total revenues
$
119,635,185

 
$
5,998,042

 
$
(4,562,851
)
 
$
121,070,376

Operating expenses
95,818,759

 
5,771,296

 
(4,233,497
)
 
97,356,558

Income before income taxes
$
23,816,426

 
$
226,746

 
$
(329,354
)
 
$
23,713,818

Total assets
$
201,137,770

 
$
52,059,950

 
$

 
$
253,197,720

Nine Months Ended September 30, 2016
Title
Insurance
 
All
Other
 
Intersegment
Eliminations
 
Total
Insurance and other services revenues
$
92,055,531

 
$
5,137,268

 
$
(1,554,688
)
 
$
95,638,111

Investment income
3,206,093

 
424,578

 
(151,672
)
 
3,478,999

Net realized gain on investments
513,624

 
60,704

 

 
574,328

Total revenues
$
95,775,248

 
$
5,622,550

 
$
(1,706,360
)
 
$
99,691,438

Operating expenses
75,766,983

 
4,923,205

 
(1,502,425
)
 
79,187,763

Income before income taxes
$
20,008,265

 
$
699,345

 
$
(203,935
)
 
$
20,503,675

Total assets
$
180,436,004

 
$
42,672,325

 
$

 
$
223,108,329