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OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 9 Months Ended
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Sep. 30, 2018
Equity [Abstract] |
TAX EFFECTS ALLOCATED TO EACH COMPONENT OF OTHER COMPREHENSIVE INCOME | The following table presents the tax effects allocated to each component of other comprehensive income (loss):
|  | 2018 |  | 2017 |
|  | 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 investment gains (losses) arising during the period | $ | (27,968 | ) |  | $ | 1,907 |  |  | $ | (26,061 | ) |  | $ | 64,431 |  |  | $ | (1,926 | ) |  | $ | 62,505 |  |
| Adjustment for reclassification of net realized investment (gains) losses and OTTI losses recognized in net income | 26,896 |  |  | (972 | ) |  | 25,924 |  |  | (15,925 | ) |  | 2,639 |  |  | (13,286 | ) |
| Unrealized investment gains (losses) arising during the period, net of reclassification adjustment(1) | (1,072 | ) |  | 935 |  |  | (137 | ) |  | 48,506 |  |  | 713 |  |  | 49,219 |  |
| Non-credit portion of OTTI losses | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |
| Foreign currency translation adjustment | 994 |  |  | — |  |  | 994 |  |  | 8,088 |  |  | — |  |  | 8,088 |  |
| Total other comprehensive income (loss), net of tax | $ | (78 | ) |  | $ | 935 |  |  | $ | 857 |  |  | $ | 56,594 |  |  | $ | 713 |  |  | $ | 57,307 |  |
| Nine months ended September 30, |  |  |  |  |  |  |  |  |  |  |  |
| Available for sale investments: |  |  |  |  |  |  |  |  |  |  |  |
| Unrealized investment gains (losses) arising during the period | $ | (266,117 | ) |  | $ | 8,596 |  |  | $ | (257,521 | ) |  | $ | 215,360 |  |  | $ | (8,899 | ) |  | $ | 206,461 |  |
| Adjustment for reclassification of net realized investment losses and OTTI losses recognized in net income | 79,552 |  |  | (2,363 | ) |  | 77,189 |  |  | 8,269 |  |  | 1,900 |  |  | 10,169 |  |
| Unrealized investment gains (losses) arising during the period, net of reclassification adjustment(1) | (186,565 | ) |  | 6,233 |  |  | (180,332 | ) |  | 223,629 |  |  | (6,999 | ) |  | 216,630 |  |
| Non-credit portion of OTTI losses | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |
| Foreign currency translation adjustment | (6,864 | ) |  | — |  |  | (6,864 | ) |  | 46,824 |  |  | — |  |  | 46,824 |  |
| Total other comprehensive income (loss), net of tax | $ | (193,429 | ) |  | $ | 6,233 |  |  | $ | (187,196 | ) |  | $ | 270,453 |  |  | $ | (6,999 | ) |  | $ | 263,454 |  |
(1) | Effective January 1, 2018, the Company adopted ASU No. 2016-01. The adoption of this guidance resulted in a cumulative adjustment to reclassify unrealized investment gains on equity securities from accumulated other comprehensive income to retained earnings. As prescribed, the prior period has not been restated to conform to the current presentation. Refer to Item 1, Note 1 'Basis of Presentation and Significant Accounting Policies' to the Consolidated Financial Statements for additional information.
RECLASSIFICATIONS OUT OF AOCI INTO NET INCOME AVAILABLE TO COMMON SHAREHOLDERS | The following table presents reclassifications from Accumulated Other Comprehensive Income ("AOCI") to net income available to common shareholders:
|  |  | Amount reclassified from AOCI(1) |  |  |  |  |
| AOCI Components | Consolidated Statement of Operations line item that includes reclassification | Three months ended September 30, |  | Nine months ended September 30, |
| 2018 |  | 2017 |  | 2018 |  | 2017 |
| Unrealized investment gains (losses) on available for sale investments |  |  |  |  |  |  |  |  |
|  | Other investment gains (losses) | $ | (21,350 | ) |  | $ | 21,337 |  |  | $ | (71,918 | ) |  | $ | 5,224 |  |
|  | OTTI losses | (5,546 | ) |  | (5,412 | ) |  | (7,634 | ) |  | (13,493 | ) |
|  | Total before tax | (26,896 | ) |  | 15,925 |  |  | (79,552 | ) |  | (8,269 | ) |
|  | Income tax (expense) benefit | 972 |  |  | (2,639 | ) |  | 2,363 |  |  | (1,900 | ) |
|  | Net of tax | $ | (25,924 | ) |  | $ | 13,286 |  |  | $ | (77,189 | ) |  | $ | (10,169 | ) |
| Foreign currency translation adjustment |  |  |  |  |  |  |  |  |
|  | Foreign exchange loss | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (24,149 | ) |
|  | Income tax (expense) benefit | — |  |  | — |  |  | — |  |  | — |  |
|  | Net of tax | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (24,149 | ) |
(1) | Amounts in parentheses are debits to net income (loss) available (attributable) to common shareholders.

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=114867106&loc=d3e526-108580 + Details
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