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OTHER COMPREHENSIVE INCOME (LOSS)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
OTHER COMPREHENSIVE INCOME (LOSS) OTHER COMPREHENSIVE INCOME (LOSS)
The following table presents the tax effects allocated to each component of other comprehensive income (loss):
20242023
Before tax amountIncome tax (expense) benefitNet of tax amountBefore tax amountIncome tax (expense) benefitNet of tax amount
Three months ended June 30,
Available for sale investments:
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized $(38,138)$2,552 $(35,586)$(112,993)$14,591 $(98,402)
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized (126)24 (102)(51)36 (15)
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss)
59,496 (5,124)54,372 40,157 (3,536)36,621 
Unrealized gains (losses) arising during the period, net of reclassification adjustment
21,232 (2,548)18,684 (72,887)11,091 (61,796)
Foreign currency translation adjustment(1,803)— (1,803)3,183 — 3,183 
Total other comprehensive income (loss), net of tax
$19,429 $(2,548)$16,881 $(69,704)$11,091 $(58,613)
Six months ended June 30,
Available for sale investments:
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized$(114,506)$18,904 $(95,602)$46,744 $(5,044)$41,700 
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized(600)37 (563)9,013 (940)8,073 
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss)
84,375 (6,588)77,787 84,277 (6,907)77,370 
Unrealized gains (losses) arising during the period, net of reclassification adjustment
(30,731)12,353 (18,378)140,034 (12,891)127,143 
Foreign currency translation adjustment(10,754)— (10,754)2,648 — 2,648 
Total other comprehensive income (loss), net of tax$(41,485)$12,353 $(29,132)$142,682 $(12,891)$129,791 

The following table presents details of amounts reclassified from accumulated other comprehensive income (loss) ("AOCI") to net income (loss):
Amount reclassified from AOCI(1)
AOCI ComponentsConsolidated statement of operations line item that includes reclassification adjustmentThree months ended June 30,Six months ended June 30,
2024202320242023
Unrealized gains (losses) on available for sale investments
Other realized gains (losses)
$(59,340)$(31,074)$(84,211)$(75,194)
Impairment losses(156)(9,083)(164)(9,083)
Total before tax(59,496)(40,157)(84,375)(84,277)
Income tax (expense) benefit5,124 3,536 6,588 6,907 
Net of tax$(54,372)$(36,621)$(77,787)$(77,370)
(1)     Amounts in parentheses are charges to net income (loss).