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Accumulated Other Comprehensive Income (Loss) | 3 Months Ended
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Mar. 31, 2020
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The following table presents the changes in the components of AOCI balances for the three months ended March 31, 2020 and 2019:
($ in thousands) |  | Available- for-Sale Debt Securities |  | Foreign Currency Translation Adjustments (1) |  | Total
Balance, January 1, 2019 |  | $ | (45,821 | ) |  | $ | (12,353 | ) |  | $ | (58,174 | )
Net unrealized gains arising during the period |  | 23,111 |  |  | 3,180 |  |  | 26,291 |
Amounts reclassified from AOCI |  | (1,100 | ) |  | — |  |  | (1,100 | )
Changes, net of tax |  | 22,011 |  |  | 3,180 |  |  | 25,191 |
Balance, March 31, 2019 |  | $ | (23,810 | ) |  | $ | (9,173 | ) |  | $ | (32,983 | )
Balance, January 1, 2020 |  | $ | (2,419 | ) |  | $ | (15,989 | ) |  | $ | (18,408 | )
Net unrealized gains (losses) arising during the period |  | 28,530 |  |  | (2,164 | ) |  | 26,366 |
Amounts reclassified from AOCI |  | (1,077 | ) |  | — |  |  | (1,077 | )
Changes, net of tax |  | 27,453 |  |  | (2,164 | ) |  | 25,289 |
Balance, March 31, 2020 |  | $ | 25,034 |  |  | $ | (18,153 | ) |  | $ | 6,881 |
(1) | Represents foreign currency translation adjustments related to the Company’s net investment in non-U.S. operations, including related hedges. The functional currency and reporting currency of the Company’s foreign subsidiary was RMB and USD, respectively.
The following table presents the components of other comprehensive income (loss), reclassifications to net income and the related tax effects for the three months ended March 31, 2020 and 2019:
($ in thousands) |  | Three Months Ended March 31,
| 2020 |  | 2019
| Before-Tax |  | Tax Effect |  | Net-of-Tax |  | Before-Tax |  | Tax Effect |  | Net-of-Tax
AFS debt securities: |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains arising during the period |  | $ | 40,493 |  |  | $ | (11,963 | ) |  | $ | 28,530 |  |  | $ | 30,938 |  |  | $ | (7,827 | ) |  | $ | 23,111 |
Net realized gains reclassified into net income (1) |  | (1,529 | ) |  | 452 |  |  | (1,077 | ) |  | (1,561 | ) |  | 461 |  |  | (1,100 | )
Net change |  | 38,964 |  |  | (11,511 | ) |  | 27,453 |  |  | 29,377 |  |  | (7,366 | ) |  | 22,011 |
Foreign currency translation adjustments, net of hedges: |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized (losses) gains arising during the period |  | (1,766 | ) |  | (398 | ) |  | (2,164 | ) |  | 3,180 |  |  | — |  |  | 3,180 |
Net change |  | (1,766 | ) |  | (398 | ) |  | (2,164 | ) |  | 3,180 |  |  | — |  |  | 3,180 |
Other comprehensive income (loss) |  | $ | 37,198 |  |  | $ | (11,909 | ) |  | $ | 25,289 |  |  | $ | 32,557 |  |  | $ | (7,366 | ) |  | $ | 25,191 |
(1) For the three months ended March 31, 2020 and 2019, pre-tax amounts were reported in Net gains on sales of AFS debt securities on the Consolidated Statement 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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- References No definition available. + Details
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