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OTHER COMPREHENSIVE INCOME (LOSS)
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
OTHER COMPREHENSIVE INCOME (LOSS)
The following table presents the tax effects allocated to each component of other comprehensive income (loss):
 
 
2019
 
2018
 
 
 
Before tax amount
 
Tax (expense) benefit
 
Net of tax amount
 
Before tax amount
 
Tax (expense) benefit
 
Net of Tax Amount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31,
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale investments:
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized investment gains (losses) arising during the period
$
206,806

 
$
(16,633
)
 
$
190,173

 
$
(105,675
)
 
$
(6,516
)
 
$
(112,191
)
 
 
Adjustment for reclassification of net realized investment (gains) losses and OTTI losses recognized in net income
13,874

 
(504
)
 
13,370

 
(4,112
)
 
4,897

 
785

 
 
Unrealized investment gains (losses) arising during the period, net of reclassification adjustment
220,680

 
(17,137
)
 
203,543

 
(109,787
)
 
(1,619
)
 
(111,406
)
 
 
Non-credit portion of OTTI losses
—

 
—

 
—

 
—

 
—

 
—

 
 
Foreign currency translation adjustment
2,662

 
—

 
2,662

 
1,270

 
—

 
1,270

 
 
Total other comprehensive income (loss), net of tax
$
223,342

 
$
(17,137
)
 
$
206,205

 
$
(108,517
)
 
$
(1,619
)
 
$
(110,136
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

    
The following table presents reclassifications from accumulated other comprehensive income ("AOCI") to net income available to common shareholders:
 
 
 
Amount reclassified from AOCI(1)
 
 
Details about AOCI Components
Consolidated statement of operations line item that includes reclassification
Three months ended March 31,
 
 
2019
 
2018
 
 
 
 
 
 
 
 
 
Unrealized investment gains (losses) on available for sale investments
 
 
 
 
 
 
 
Other realized investment gains (losses)
$
(9,838
)
 
$
4,526

 
 
 
OTTI losses
(4,036
)
 
(414
)
 
 
 
Total before tax
(13,874
)
 
4,112

 
 
 
Income tax (expense) benefit
504

 
(4,897
)
 
 
 
Net of tax
$
(13,370
)
 
$
(785
)
 
 
 
 
 
 
 
 
(1)
Amounts in parentheses are debits to net income (loss) available (attributable) to common shareholders.