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OTHER COMPREHENSIVE LOSS
 12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
OTHER COMPREHENSIVE LOSS
The tax effects allocated to each component of other comprehensive loss were as follows:
 
 
Before Tax Amount
 
Tax (Expense) Benefit
 
Net of Tax Amount
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2015
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
Unrealized investment losses arising during the year
$
(280,512
)
 
$
14,128

 
$
(266,384
)
 
 
Adjustment for reclassification of net realized investment gains (losses) and OTTI losses recognized in net income
145,766

 
(775
)
 
144,991

 
 
Unrealized investment losses arising during the year, net of reclassification adjustment
(134,746
)
 
13,353

 
(121,393
)
 
 
Non-credit portion of OTTI losses
—

 
—

 
—

 
 
Foreign currency translation adjustment
(21,498
)
 
—

 
(21,498
)
 
 
Total other comprehensive loss
$
(156,244
)
 
$
13,353

 
$
(142,891
)
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2014
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
Unrealized investment losses arising during the year
$
(22,704
)
 
$
(15,963
)
 
$
(38,667
)
 
 
Adjustment for reclassification of net realized investment gains and OTTI losses recognized in net income
(141,172
)
 
26,702

 
(114,470
)
 
 
Unrealized investment losses arising during the year, net of reclassification adjustment
(163,876
)
 
10,739

 
(153,137
)
 
 
Non-credit portion of OTTI losses
—

 
—

 
—

 
 
Foreign currency translation adjustment
(10,262
)
 
—

 
(10,262
)
 
 
Total other comprehensive loss
$
(174,138
)
 
$
10,739

 
$
(163,399
)
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2013
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
Unrealized investment losses arising during the year
$
(169,614
)
 
$
7,782

 
$
(161,832
)
 
 
Adjustment for reclassification of net realized investment gains and OTTI losses recognized in net income
(67,156
)
 
5,605

 
(61,551
)
 
 
Unrealized investment losses arising during the year, net of reclassification adjustment
(236,770
)
 
13,387

 
(223,383
)
 
 
Non-credit portion of OTTI losses
—

 
—

 
—

 
 
Foreign currency translation adjustment
(21,414
)
 
—

 
(21,414
)
 
 
Total other comprehensive loss
$
(258,184
)
 
$
13,387

 
$
(244,797
)
 
 
 
 
 
 
 
 
 


Reclassifications out of AOCI into net income available to common shareholders were as follows:
 
 
 
Amount Reclassified from AOCI(1)
 
 
Details About AOCI Components
Consolidated Statement of Operations Line Item That Includes Reclassification
Year ended December 31,
 
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on available for sale investments
 
 
 
 
 
 
 
 
 
 
Other realized investment gains (losses)
$
(73,046
)
 
$
172,399

 
$
76,518

 
 
 
 
OTTI losses
(72,720
)
 
(31,227
)
 
(9,362
)
 
 
 
 
Total before tax
(145,766
)
 
141,172

 
67,156

 
 
 
 
Tax (expense) benefit
775

 
(26,702
)
 
(5,605
)
 
 
 
 
Net of tax
$
(144,991
)
 
$
114,470

 
$
61,551

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