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Schedule II | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | CONDENSED FINANCIAL INFORMATION OF REGISTRANT BALANCE SHEETS AS OF DECEMBER 31, 2017 AND 2016
| 2017 |  | 2016
Assets: |  |  |
Cash and cash equivalents | $ | 5,872,001 |  |  | $ | 10,178,219 |
Investments in fixed maturities, available-for-sale | 22,713,771 |  |  | 16,505,866 |
Investments in equity securities, available-for-sale | 3,691,564 |  |  | 3,193,268 |
Short-term investments | 5,808,966 |  |  | 3,162,283 |
Investments in affiliated companies | 128,580,223 |  |  | 113,234,094 |
Other investments | 5,167,102 |  |  | 4,318,296 |
Premium and fees receivable | 94,521 |  |  | 99,878 |
Other receivables | 1,629,758 |  |  | 1,986,634 |
Income taxes recoverable | 3,878,824 |  |  | 2,562,589 |
Accrued interest and dividends | 198,297 |  |  | 86,481 |
Property, net | 2,253,866 |  |  | 2,340,605 |
Total Assets | $ | 179,888,893 |  |  | $ | 157,668,213 |
Liabilities and Stockholders’ Equity |  |  |  |  |
Liabilities: |  |  |  |  |
Accounts payable and accrued liabilities | $ | 1,916,253 |  |  | $ | 2,370,963 |
Deferred income taxes, net | 137,153 |  |  | 252,181 |
Total liabilities | 2,053,406 |  |  | 2,623,144 |
Stockholders’ Equity: |  |  |  |  |
Preferred stock (1,000,000 authorized shares; no shares issued) | — |  |  | — |
Common stock – no par value (10,000,000 authorized shares; 1,885,993 and 1,884,283 shares issued and outstanding as of December 31, 2017 and December 31, 2016, respectively, excluding in each period 291,676 shares of common stock held by the Company) | 1 |  |  | 1 |
Retained earnings | 161,890,660 |  |  | 143,283,621 |
Accumulated other comprehensive income | 15,944,826 |  |  | 11,761,447 |
Total stockholders’ equity | 177,835,487 |  |  | 155,045,069 |
Total Liabilities and Stockholders’ Equity | $ | 179,888,893 |  |  | $ | 157,668,213 |
See notes to Condensed Financial Statements. CONDENSED FINANCIAL INFORMATION OF REGISTRANT STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2017, 2016 AND 2015
|  | 2017 |  | 2016 |  | 2015
Revenues: |  |  |  |  |  |
Investment income – interest and dividends |  | $ | 501,653 |  |  | $ | 525,453 |  |  | $ | 535,963 |
Net realized gain (loss) on investments |  | 35,834 |  |  | 77,895 |  |  | (152,026 | )
Rental income |  | 812,951 |  |  | 772,123 |  |  | 765,134 |
Miscellaneous income |  | 220,497 |  |  | 77,074 |  |  | 385,058 |
Total |  | 1,570,935 |  |  | 1,452,545 |  |  | 1,534,129 |
Operating Expenses: |  |  |  |  |  |  |  |  |
Salaries, employee benefits and payroll taxes |  | 1,004,177 |  |  | 664,436 |  |  | 651,957 |
Office occupancy and operations |  | 213,547 |  |  | 236,954 |  |  | 239,176 |
Business development |  | 98,562 |  |  | 99,229 |  |  | 76,684 |
Taxes – other than payroll and income |  | 396,084 |  |  | 183,566 |  |  | 213,466 |
Professional and contract labor fees |  | 134,659 |  |  | 377,738 |  |  | 378,265 |
Other expenses |  | 269,300 |  |  | 246,375 |  |  | 198,788 |
Total |  | 2,116,329 |  |  | 1,808,298 |  |  | 1,758,336 |
Equity in Net Income of Affiliated Companies |  | 25,633,964 |  |  | 19,665,205 |  |  | 12,640,260 |
Income before Income Taxes |  | 25,088,570 |  |  | 19,309,452 |  |  | 12,416,053 |
Income Tax Benefit |  | (612,000 | ) |  | (206,000 | ) |  | (133,000 | )
Net Income |  | 25,700,570 |  |  | 19,515,452 |  |  | 12,549,053 |
Net Loss (Income) Attributable to Noncontrolling Interests |  | 5,932 |  |  | 7,666 |  |  | (15,148 | )
Net Income Attributable to the Company |  | $ | 25,706,502 |  |  | $ | 19,523,118 |  |  | $ | 12,533,905 |
Basic Earnings per Common Share |  | $ | 13.63 |  |  | $ | 10.23 |  |  | $ | 6.32 |
Weighted Average Shares Outstanding – Basic |  | 1,886,354 |  |  | 1,907,675 |  |  | 1,984,360 |
Diluted Earnings per Common Share |  | $ | 13.56 |  |  | $ | 10.19 |  |  | $ | 6.30 |
Weighted Average Shares Outstanding – Diluted |  | 1,895,871 |  |  | 1,915,057 |  |  | 1,989,799 |
Cash Dividends Paid per Common Share |  | $ | 3.75 |  |  | $ | 0.72 |  |  | $ | 0.40 |
See notes to Condensed Financial Statements. CONDENSED FINANCIAL INFORMATION OF REGISTRANT STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2017, 2016 AND 2015
| 2017 |  | 2016 |  | 2015
Operating Activities |  |  |  |  |
Net income | $ | 25,700,570 |  |  | $ | 19,515,452 |  |  | $ | 12,549,053 |
Adjustments to reconcile net income to net cash (used in) provided by operating activities: |  |  |  |  |  |
Equity in net earnings of subsidiaries | (25,633,964 | ) |  | (19,665,205 | ) |  | (12,640,260 | )
Depreciation | 97,407 |  |  | 93,086 |  |  | 112,690 |
Amortization, net | 157,674 |  |  | 163,989 |  |  | 192,654 |
Share-based compensation expense related to stock appreciation rights and options | 219,315 |  |  | 132,098 |  |  | 137,759 |
Net loss on disposals of property | 2,955 |  |  | — |  |  | 1,683 |
Net realized (gain) loss on investments | (35,834 | ) |  | (77,895 | ) |  | 152,026 |
Net loss (earnings) from other investments | 4,994 |  |  | (13,135 | ) |  | (237,686 | )
(Benefit) provision for deferred income taxes | (211,000 | ) |  | (18,000 | ) |  | 13,000 |
Decrease (increase) in receivables | 362,233 |  |  | 1,037,423 |  |  | (847,177 | )
(Increase) decrease in income taxes recoverable | (1,316,235 | ) |  | (796,982 | ) |  | 169,803 |
(Increase) decrease in other assets | (111,816 | ) |  | 33,888 |  |  | 7,852 |
(Decrease) increase in accounts payable and accrued liabilities | (454,710 | ) |  | (896,311 | ) |  | 1,192,927 |
Net cash (used in) provided by operating activities | (1,218,411 | ) |  | (491,592 | ) |  | 804,324 |
Investing Activities |  |  |  |  |  |  |  |
Purchase of subsidiary | — |  |  | (10,918,003 | ) |  | — |
Dividends received from subsidiaries | 14,816,379 |  |  | 17,330,948 |  |  | 7,630,835 |
Purchases of available-for-sale securities | (13,178,177 | ) |  | (1,783,223 | ) |  | (260,044 | )
Purchases of short-term securities | (5,835,325 | ) |  | (3,162,283 | ) |  | (2,721,578 | )
Purchases of and net earnings from other investments | (1,049,680 | ) |  | (1,552,769 | ) |  | (2,007,798 | )
Proceeds from sales and maturities of available-for-sale securities | 6,616,875 |  |  | 6,815,907 |  |  | 2,475,557 |
Proceeds from sales and maturities of short-term securities | 3,188,641 |  |  | 3,005,647 |  |  | — |
Proceeds from sales and distributions of other investments | 195,881 |  |  | 321,758 |  |  | 734,170 |
Purchases of property | (13,623 | ) |  | (144,915 | ) |  | (32,071 | )
Net cash provided by investing activities | 4,740,971 |  |  | 9,913,067 |  |  | 5,819,071 |
Financing Activities |  |  |  |  |  |  |  |
Repurchases of common stock | (244,831 | ) |  | (6,219,670 | ) |  | (5,483,953 | )
Exercise of stock appreciation rights and options | (737 | ) |  | (200 | ) |  | 54,988 |
Proceeds from note payable | — |  |  | 6,000,000 |  |  | — |
Payments on note payable | — |  |  | (6,000,000 | ) |  | — |
Capital contribution to subsidiary | (510,000 | ) |  | — |  |  | — |
Dividends paid | (7,073,210 | ) |  | (1,370,390 | ) |  | (789,907 | )
Net cash used in financing activities | (7,828,778 | ) |  | (7,590,260 | ) |  | (6,218,872 | )
Net (Decrease) Increase in Cash and Cash Equivalents | (4,306,218 | ) |  | 1,831,215 |  |  | 404,523 |
Cash and Cash Equivalents, Beginning of Period | 10,178,219 |  |  | 8,347,004 |  |  | 7,942,481 |
Cash and Cash Equivalents, End of Period | $ | 5,872,001 |  |  | $ | 10,178,219 |  |  | $ | 8,347,004 |
Supplemental Disclosures: |  |  |  |  |
Income tax payments, net | $ | 11,447,000 |  |  | $ | 4,964,000 |  |  | $ | 4,598,000 |
See notes to Condensed Financial Statements. CONDENSED FINANCIAL INFORMATION OF REGISTRANT NOTES TO THE CONDENSED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2017, 2016 AND 2015
1. | The accompanying Condensed Financial Statements should be read in conjunction with the Consolidated Financial Statements and notes thereto of Investors Title Company and Subsidiaries.
2. | Cash dividends paid to Investors Title Company by its wholly owned subsidiaries were as follows:
Subsidiaries | 2017 |  | 2016 |  | 2015
Investors Title Insurance Company, net* | $ | 13,236,379 |  |  | $ | 15,838,248 |  |  | $ | 7,134,823 |
Investors Title Exchange Corporation | 300,000 |  |  | 100,000 |  |  | 245,000 |
Investors Title Accommodation Corporation | 80,000 |  |  | 45,000 |  |  | 12,000 |
Investors Capital Management Company | — |  |  | — |  |  | 9,012 |
Investors Trust Company | 200,000 |  |  | 750,000 |  |  | — |
Investors Title Commercial Agency, LLC | 150,000 |  |  | 125,000 |  |  | 230,000 |
National Investors Holdings, LLC | 850,000 |  |  | 472,700 |  |  | — |
Total | $ | 14,816,379 |  |  | $ | 17,330,948 |  |  | $ | 7,630,835 |
* Total dividends of $14,330,164, $16,048,255 and $7,251,493 paid to the Parent Company in 2017, 2016 and 2015, respectively, netted with dividends of $1,093,785, $210,007 and $116,670 received from the Parent Company in 2017, 2016 and 2015, respectively.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.7-05(c)(Schedule II)) -URI http://asc.fasb.org/extlink&oid=6879921&loc=d3e569147-122900 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=96868048&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(c)(Schedule I)) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
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