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OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the tax effects allocated to each component of other comprehensive income (loss):

						2023																		2022
						Before tax amount						Income tax (expense) benefit						Net of tax amount						Before tax amount						Income tax (expense) benefit						Net of Tax Amount
			Three months ended March 31,
			Available for sale investments:
			Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized			$	153,851					$	(19,284)					$	134,567					$	(507,969)					$	65,247					$	(442,722)
			Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized			14,950						(1,328)						13,622						(232)						—						(232)
			Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss)			44,121						(3,371)						40,750						52,916						(7,573)						45,343
			Unrealized gains (losses) arising during the period, net of reclassification adjustment			212,922						(23,983)						188,939						(455,285)						57,674						(397,611)
			Foreign currency translation adjustment			(535)						—						(535)						2,775						—						2,775
			Total comprehensive income (loss), net of tax			$	212,387					$	(23,983)					$	188,404					$	(452,510)					$	57,674					$	(394,836)

The following table presents details of amounts reclassified from accumulated other comprehensive income ("AOCI") to net income (loss):

									Amount reclassified from AOCI(1)
			AOCI Components			Consolidated statement of operations line item that includes reclassification adjustment			Three months ended March 31,
									2023						2022
			Unrealized gains (losses) on available for sale investments
						Other realized gains (losses)			$	(44,121)					$	(52,807)
						Impairment losses			—						(109)
						Total before tax			(44,121)						(52,916)
						Income tax (expense) benefit			3,371						7,573
						Net of tax			$	(40,750)					$	(45,343)

(1)     Amounts in parentheses are charges to net income (loss).

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- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-URI https://asc.fasb.org/topic&trid=2134417

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

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- References

No definition available.

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