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ACCUMULATED OTHER COMPREHENSIVE INCOME | 9 Months Ended
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Sep. 30, 2016
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE INCOME | NOTE 13 — ACCUMULATED OTHER COMPREHENSIVE INCOME The following tables present the changes in the components of AOCI balances for the three and nine months ended September 30, 2016 and 2015:
($ in thousands) |  | Three Months Ended September 30,
| 2016 |  | 2015
| Available- for-Sale Investment Securities |  | Foreign Currency Translation Adjustments (1) |  | Total |  | Available- for-Sale Investment Securities |  | Foreign Currency Translation Adjustments (1) |  | Total
Beginning balance |  | $ | 11,756 |  |  | $ | (13,468 | ) |  | $ | (1,712 | ) |  | $ | 5,430 |  |  | $ | — |  |  | $ | 5,430 |
Net unrealized (losses) gains arising during the period |  | (3,869 | ) |  | (555 | ) |  | (4,424 | ) |  | 13,127 |  |  | (6,846 | ) |  | 6,281 |
Amounts reclassified from AOCI |  | (1,038 | ) |  | — |  |  | (1,038 | ) |  | (9,881 | ) |  | — |  |  | (9,881 | )
Changes, net of taxes |  | (4,907 | ) |  | (555 | ) |  | (5,462 | ) |  | 3,246 |  |  | (6,846 | ) |  | (3,600 | )
Ending balance |  | $ | 6,849 |  |  | $ | (14,023 | ) |  | $ | (7,174 | ) |  | $ | 8,676 |  |  | $ | (6,846 | ) |  | $ | 1,830 |
($ in thousands) |  | Nine Months Ended September 30,
| 2016 |  | 2015
| Available- for-Sale Investment Securities |  | Foreign Currency Translation Adjustments (1) |  | Total |  | Available- for-Sale Investment Securities |  | Foreign Currency Translation Adjustments (1) |  | Total
Beginning balance |  | $ | (6,144 | ) |  | $ | (8,797 | ) |  | $ | (14,941 | ) |  | $ | 4,237 |  |  | $ | — |  |  | $ | 4,237 |
Net unrealized gains (losses) arising during the period |  | 17,901 |  |  | (5,226 | ) |  | 12,675 |  |  | 20,096 |  |  | (6,846 | ) |  | 13,250 |
Amounts reclassified from AOCI |  | (4,908 | ) |  | — |  |  | (4,908 | ) |  | (15,657 | ) |  | — |  |  | (15,657 | )
Changes, net of taxes |  | 12,993 |  |  | (5,226 | ) |  | 7,767 |  |  | 4,439 |  |  | (6,846 | ) |  | (2,407 | )
Ending balance |  | $ | 6,849 |  |  | $ | (14,023 | ) |  | $ | (7,174 | ) |  | $ | 8,676 |  |  | $ | (6,846 | ) |  | $ | 1,830 |
(1) | Represents foreign currency translation adjustments related to the Company’s net investment in non-U.S. operations, including related hedges. In the third quarter of 2015, there was a change in functional currency from USD to the local currency of the Company’s foreign subsidiary.
The following tables present the components of other comprehensive income (loss), reclassifications to net income and the related tax effects for the three and nine months ended September 30, 2016 and 2015:
($ in thousands) |  | Three Months Ended September 30,
| 2016 |  | 2015
| Before-Tax |  | Tax Effect |  | Net-of-Tax |  | Before-Tax |  | Tax Effect |  | Net-of-Tax
Available-for-sale investment securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized (losses) gains arising during the period |  | $ | (6,677 | ) |  | $ | 2,808 |  |  | $ | (3,869 | ) |  | $ | 22,634 |  |  | $ | (9,507 | ) |  | $ | 13,127 |
Net realized gains reclassified into net income (1) |  | (1,790 | ) |  | 752 |  |  | (1,038 | ) |  | (17,036 | ) |  | 7,155 |  |  | (9,881 | )
Net change |  | (8,467 | ) |  | 3,560 |  |  | (4,907 | ) |  | 5,598 |  |  | (2,352 | ) |  | 3,246 |
Foreign currency translation adjustments: |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized losses arising during period |  | (555 | ) |  | — |  |  | (555 | ) |  | (6,846 | ) |  | — |  |  | (6,846 | )
Net change |  | (555 | ) |  | — |  |  | (555 | ) |  | (6,846 | ) |  | — |  |  | (6,846 | )
Other comprehensive loss |  | $ | (9,022 | ) |  | $ | 3,560 |  |  | $ | (5,462 | ) |  | $ | (1,248 | ) |  | $ | (2,352 | ) |  | $ | (3,600 | )
($ in thousands) |  | Nine Months Ended September 30,
| 2016 |  | 2015
| Before-Tax |  | Tax Effect |  | Net-of-Tax |  | Before-Tax |  | Tax Effect |  | Net-of-Tax
Available-for-sale investment securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains arising during the period |  | $ | 30,888 |  |  | $ | (12,987 | ) |  | $ | 17,901 |  |  | $ | 34,648 |  |  | $ | (14,552 | ) |  | $ | 20,096 |
Net realized gains reclassified into net income (1) |  | (8,468 | ) |  | 3,560 |  |  | (4,908 | ) |  | (26,994 | ) |  | 11,337 |  |  | (15,657 | )
Net change |  | 22,420 |  |  | (9,427 | ) |  | 12,993 |  |  | 7,654 |  |  | (3,215 | ) |  | 4,439 |
Foreign currency translation adjustments: |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized losses arising during period |  | (5,226 | ) |  | — |  |  | (5,226 | ) |  | (6,846 | ) |  | — |  |  | (6,846 | )
Net change |  | (5,226 | ) |  | — |  |  | (5,226 | ) |  | (6,846 | ) |  | — |  |  | (6,846 | )
Other comprehensive income (loss) |  | $ | 17,194 |  |  | $ | (9,427 | ) |  | $ | 7,767 |  |  | $ | 808 |  |  | $ | (3,215 | ) |  | $ | (2,407 | )
(1) | For the three and nine months ended September 30, 2016 and 2015, the pretax amount was reported in Net gains on sales of available-for-sale investment securities on the Consolidated Statements of Income.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
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