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OTHER COMPREHENSIVE INCOME (LOSS) (TABLES)
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
TAX EFFECTS ALLOCATED TO EACH COMPONENT OF OTHER COMPREHENSIVE INCOME (LOSS) [Table Text Block]
 
 
2014
 
2013
 
 
 
Before Tax Amount
 
Tax (Expense) Benefit
 
Net of Tax Amount
 
Before Tax Amount
 
Tax (Expense) Benefit
 
Net of Tax Amount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 30,
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising during the period
$
(176,278
)
 
$
9,218

 
$
(167,060
)
 
$
118,821

 
$
(8,181
)
 
$
110,640

 
 
Adjustment for reclassification of net realized investment gains and OTTI losses recognized in net income
(74,306
)
 
1,636

 
(72,670
)
 
(8,215
)
 
(442
)
 
(8,657
)
 
 
Unrealized gains (losses) arising during the period, net of reclassification adjustment
(250,584
)
 
10,854

 
(239,730
)
 
110,606

 
(8,623
)
 
101,983

 
 
Non-credit portion of OTTI losses

 

 

 

 

 

 
 
Foreign currency translation adjustment
(10,000
)
 

 
(10,000
)
 
3,635

 

 
3,635

 
 
Total other comprehensive income (loss), net of tax
$
(260,584
)
 
$
10,854

 
$
(249,730
)
 
$
114,241

 
$
(8,623
)
 
$
105,618

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30,
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising during the period
$
37,858

 
$
(12,984
)
 
$
24,874

 
$
(188,808
)
 
$
18,022

 
$
(170,786
)
 
 
Adjustment for reclassification of net realized investment gains and OTTI losses recognized in net income
(130,634
)
 
14,421

 
(116,213
)
 
(51,166
)
 
4,595

 
(46,571
)
 
 
Unrealized losses arising during the period, net of reclassification adjustment
(92,776
)
 
1,437

 
(91,339
)
 
(239,974
)
 
22,617

 
(217,357
)
 
 
Non-credit portion of OTTI losses

 

 

 

 

 

 
 
Foreign currency translation adjustment
(3,551
)
 

 
(3,551
)
 
(14,892
)
 

 
(14,892
)
 
 
Total other comprehensive loss, net of tax
$
(96,327
)
 
$
1,437

 
$
(94,890
)
 
$
(254,866
)
 
$
22,617

 
$
(232,249
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
RECLASSIFICATIONS OUT OF AOCI INTO NET INCOME AVAILABLE TO COMMON SHAREHOLDERS [Table Text Block]
 
 
 
Amount Reclassified from AOCI(1)
 
 
Details About AOCI Components
Consolidated Statement of Operations Line Item That Includes Reclassification
Three months ended September 30,
 
Nine months ended September 30,
 
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized appreciation on available for sale investments
 
 
 
 
 
 
 
 
 
 
 
Other realized investment gains (losses)
$
83,737

 
$
11,026

 
$
142,755

 
$
60,002

 
 
 
OTTI losses
(9,431
)
 
(2,811
)
 
(12,121
)
 
(8,836
)
 
 
 
Total before tax
74,306

 
8,215

 
130,634

 
51,166

 
 
 
Income tax expense (benefit)
(1,636
)
 
442

 
(14,421
)
 
(4,595
)
 
 
 
Net of tax
$
72,670

 
$
8,657

 
$
116,213

 
$
46,571

 
 
 
 
 
 
 
 
 
 
 
 
(1)
Amounts in parentheses are debits to net income available to common shareholders.