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OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 12 Months Ended
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Dec. 31, 2019
Equity [Abstract] |
TAX EFFECTS ALLOCATED TO EACH COMPONENT OF OTHER COMPREHENSIVE INCOME (LOSS) | The following table presents the tax effects allocated to each component of other comprehensive income (loss):
|  | Before tax amount |  | Income tax (expense) benefit |  | Net of tax amount |
| Year ended December 31, 2019 |  |  |  |  |  |
| Available for sale investments: |  |  |  |  |  |
| Unrealized gains (loss) arising during the year | $ | 414,982 |  |  | $ | (40,367 | ) |  | $ | 374,615 |  |
| Adjustment for reclassification of net realized (gains) losses and OTTI losses recognized in net income | (29,618 | ) |  | 4,889 |  |  | (24,729 | ) |
| Unrealized gains (losses) arising during the year, net of reclassification adjustment | 385,364 |  |  | (35,478 | ) |  | 349,886 |  |
| Foreign currency translation adjustment | (1,066 | ) |  | — |  |  | (1,066 | ) |
| Total other comprehensive income (loss), net of tax | $ | 384,298 |  |  | $ | (35,478 | ) |  | $ | 348,820 |  |
| Year ended December 31, 2018 |  |  |  |  |  |
| Available for sale investments: |  |  |  |  |  |
| Unrealized gains (losses) arising during the year | $ | (297,259 | ) |  | $ | 5,528 |  |  | $ | (291,731 | ) |
| Adjustment for reclassification of net realized (gains) losses and OTTI losses recognized in net income | 105,730 |  |  | (4,828 | ) |  | 100,902 |  |
| Unrealized gains (losses) arising during the year, net of reclassification adjustment (1) | (191,529 | ) |  | 700 |  |  | (190,829 | ) |
| Foreign currency translation adjustment | (11,165 | ) |  | — |  |  | (11,165 | ) |
| Total other comprehensive income (loss), net of tax | $ | (202,694 | ) |  | $ | 700 |  |  | $ | (201,994 | ) |
| Year ended December 31, 2017 |  |  |  |  |  |
| Available for sale investments: |  |  |  |  |  |
| Unrealized gains (losses) arising during the year | $ | 211,151 |  |  | $ | (5,732 | ) |  | $ | 205,419 |  |
| Adjustment for reclassification of net realized (gains) losses and OTTI losses recognized in net loss | (33,892 | ) |  | 758 |  |  | (33,134 | ) |
| Unrealized gains (losses) arising during the year, net of reclassification adjustment | 177,259 |  |  | (4,974 | ) |  | 172,285 |  |
| Foreign currency translation adjustment | 41,938 |  |  | — |  |  | 41,938 |  |
| Total other comprehensive income (loss), net of tax | $ | 219,197 |  |  | $ | (4,974 | ) |  | $ | 214,223 |  |
(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. Refer to Item 8, Note 2 '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 details of amounts reclassified from accumulated other comprehensive income ("AOCI") to net income (loss):
|  |  | Amounts reclassified from AOCI(1) |
| AOCI components | Consolidated statement of operations line item that includes reclassification adjustment | Years ended December 31, |
| 2019 |  | 2018 |  | 2017 |  |
| Unrealized gains (losses) on available for sale investments |  |  |  |  |  |  |  |
|  | Other realized gains (losses) | $ | 36,602 |  |  | $ | (95,997 | ) |  | $ | 48,385 |  |  |
|  | OTTI losses | (6,984 | ) |  | (9,733 | ) |  | (14,493 | ) |  |
|  | Total before tax | 29,618 |  |  | (105,730 | ) |  | 33,892 |  |  |
|  | Income tax (expense) benefit | (4,889 | ) |  | 4,828 |  |  | (758 | ) |  |
|  | Net of tax | $ | 24,729 |  |  | $ | (100,902 | ) |  | $ | 33,134 |  |  |
| Foreign currency translation adjustments |  |  |  |  |  |  |  |
|  | Foreign exchange gains (losses) | $ | 6,043 |  |  | $ | — |  |  | $ | (24,149 | ) |  |
|  | Income tax (expense) benefit | — |  |  | — |  |  | — |  |  |
|  | Net of tax | $ | 6,043 |  |  | $ | — |  |  | $ | (24,149 | ) |  |
(1) Amounts in parentheses are charges to net income (loss)

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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=118930883&loc=d3e526-108580 + Details
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