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Fair Value of Financial Instruments (Details 1) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Financial Assets        
Beginning balance $ 158,763 $ 125,540 $ 171,300 $ 109,535
Transfers into Level 3 34,879 [1] 12,452 [2] 37,235 [1] 29,617 [2]
Transfers out of Level 3 (1,350) [1] 0 [2] (11,014) [1] (519) [2]
Total gains or losses        
Net realized gains (losses) included in net income 0 (26) 0 (26)
Net unrealized gains (losses) included in other comprehensive income (2,359) 1,991 (1,624) 3,286
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales (476) 0 (476) 0
Settlements 0 0 0 0
Paydowns, maturities and distributions (2,358) (449) (8,322) (2,385)
Ending balance 187,099 139,508 187,099 139,508
Financial Liabilities        
Beginning balance 22,040 [3] 2,747 [4] 20,049 [3] 0 [4]
Transfers into Level 3 0 [1],[3] 0 [2],[4] 0 [1],[3] 0 [2],[4]
Transfers out of Level 3 0 [1],[3] 0 [2],[4] 0 [1],[3] 0 [2],[4]
Gain Or Losses Net        
Net realized gains (losses) included in net income (28) 57 [4] (467) 69 [4]
Net unrealized gains (losses) included in other comprehensive income 0 0 [4] 0 0 [4]
Purchases 0 [3] 0 [4] 0 [3] 0 [4]
Issuances 4,948 [3] 4,121 [4] 7,912 [3] 6,856 [4]
Sales 0 [3] 0 [4] 0 [3] 0 [4]
Settlements 0 [3] 0 [4] 0 [3] 0 [4]
Paydowns, maturities and distributions (241) (10) [4] (775) (10) [4]
Ending balance 26,719 [3] 6,915 [4] 26,719 [3] 6,915 [4]
Municipal bonds [Member]        
Financial Assets        
Beginning balance 13,885 12,779 13,628 2,694
Transfers into Level 3 16,326 [1] 0 [2] 16,326 [1] 10,056 [2]
Transfers out of Level 3 0 [1] 0 [2] 0 [1] 0 [2]
Total gains or losses        
Net realized gains (losses) included in net income 0 0 0 0
Net unrealized gains (losses) included in other comprehensive income (485) 337 (105) 434
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Paydowns, maturities and distributions (57) (62) (180) (130)
Ending balance 29,669 13,054 29,669 13,054
Corporate bonds [Member]        
Financial Assets        
Beginning balance 72,278 60,204 74,717 60,826
Transfers into Level 3 3,834 [1] 12,452 [2] 5,729 [1] 12,452 [2]
Transfers out of Level 3 (1,350) [1] 0 [2] (1,350) [1] 0 [2]
Total gains or losses        
Net realized gains (losses) included in net income 0 0 0 0
Net unrealized gains (losses) included in other comprehensive income (1,436) 1,546 (1,084) 2,560
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales (476) 0 (476) 0
Settlements 0 0 0 0
Paydowns, maturities and distributions (126) (276) (4,812) (1,912)
Ending balance 72,724 73,926 72,724 73,926
Other mortgage-backed securities [Member]        
Financial Assets        
Beginning balance 72,594 52,551 82,949 46,009
Transfers into Level 3 14,719 [1] 0 [2] 15,180 [1] 7,109 [2]
Transfers out of Level 3 0 [1] 0 [2] (9,664) [1] (519) [2]
Total gains or losses        
Net realized gains (losses) included in net income 0 (26) 0 (26)
Net unrealized gains (losses) included in other comprehensive income (438) 108 (435) 292
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Paydowns, maturities and distributions (2,175) (111) (3,330) (343)
Ending balance 84,700 52,522 84,700 52,522
Total Fixed Maturities [Member]        
Financial Assets        
Beginning balance 158,757 125,534 171,294 109,529
Transfers into Level 3 34,879 [1] 12,452 [2] 37,235 [1] 29,617 [2]
Transfers out of Level 3 (1,350) [1] 0 [2] (11,014) [1] (519) [2]
Total gains or losses        
Net realized gains (losses) included in net income 0 (26) 0 (26)
Net unrealized gains (losses) included in other comprehensive income (2,359) 1,991 (1,624) 3,286
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales (476) 0 (476) 0
Settlements 0 0 0 0
Paydowns, maturities and distributions (2,358) (449) (8,322) (2,385)
Ending balance 187,093 139,502 187,093 139,502
Equity securities [Member]        
Financial Assets        
Beginning balance 6 6 6 6
Transfers into Level 3 0 [1] 0 [2] 0 [1] 0 [2]
Transfers out of Level 3 0 [1] 0 [2] 0 [1] 0 [2]
Total gains or losses        
Net realized gains (losses) included in net income 0 0 0 0
Net unrealized gains (losses) included in other comprehensive income 0 0 0 0
Purchases 0 0 0 0
Issuances 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Paydowns, maturities and distributions 0 0 0 0
Ending balance $ 6 $ 6 $ 6 $ 6
[1] Transfers into and out of Level 3 during the three and six months ended June 30, 2015 and 2014 were attributable to [changes in the availability of observable market information for individual fixed maturity securities]. The Company’s policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.
[2] Transfers into and out of Level 3 during the three and six months ended June 30, 2014 were attributable to changes in the availability of observable market information for individual fixed maturity securities. The Company’s policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.
[3] Represents embedded derivatives, all related to the Company’s fixed indexed annuity (“FIA”) products, reported in Other Policyholder Funds in the Company’s Consolidated Balance Sheets.
[4] Represents embedded derivatives, all related to the Company’s FIA products, reported in Other Policyholder Funds in the Company’s Consolidated Balance Sheets.