XML 32 R18.htm IDEA: XBRL DOCUMENT v3.5.0.2
Basis of Presentation (Tables)
 9 Months Ended
Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Investment Contract And Life Policy Reserves
This table summarizes the Company’s investment contract and life policy reserves.
 
 
 
September 30,
 
 
 
December 31,
 
 
 
2016
 
 
 
2015
 
 
 
 
 
 
 
 
 
Investment contract reserves
 
$
4,308,100
 
 
 
$
4,072,102
 
Life policy reserves
 
 
1,077,807
 
 
 
 
1,054,740
 
Total
 
$
5,385,907
 
 
 
$
5,126,842
 
Accumulated Other Comprehensive Income (Loss)
The following tables reconcile these components.
 
 
Unrealized Gains
 
 
 
 
 
 
 
 
 
and Losses on
 
 
 
 
 
 
 
 
 
Fixed Maturities
 
 
 
 
 
 
 
 
 
and Equity
 
Defined
 
 
 
 
 
Securities (1)(2)
 
Benefit Plans (1)
 
Total (1)
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, July 1, 2016
 
$
329,653
 
 
 
$
(11,794
)
 
 
$
317,859
 
Other comprehensive income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
before reclassifications
 
 
9,912
 
 
 
 
-
 
 
 
 
9,912
 
Amounts reclassified from accumulated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
other comprehensive income (loss)
 
 
(2,274
)
 
 
 
-
 
 
 
 
(2,274
)
Net current period other
 
 
 
 
 
 
 
 
 
 
 
 
 
 
comprehensive income (loss)
 
 
7,638
 
 
 
 
-
 
 
 
 
7,638
 
Ending balance, September 30, 2016
 
$
337,291
 
 
 
$
(11,794
)
 
 
$
325,497
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1, 2016
 
$
175,167
 
 
 
$
(11,794
)
 
 
$
163,373
 
Other comprehensive income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
before reclassifications
 
 
167,692
 
 
 
 
-
 
 
 
 
167,692
 
Amounts reclassified from accumulated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
other comprehensive income (loss)
 
 
(5,568
)
 
 
 
-
 
 
 
 
(5,568
)
Net current period other
 
 
 
 
 
 
 
 
 
 
 
 
 
 
comprehensive income (loss)
 
 
162,124
 
 
 
 
-
 
 
 
 
162,124
 
Ending balance, September 30, 2016
 
$
337,291
 
 
 
$
(11,794
)
 
 
$
325,497
 
 
(1)
All amounts are net of tax.
(2)
The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,499 and $8,566, are included in net realized investment gains and losses and the related tax expenses, $1,225 and $2,998, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2016, respectively.
 
 
Unrealized Gains
 
 
 
 
 
 
 
 
 
and Losses on
 
 
 
 
 
 
 
 
 
Fixed Maturities
 
 
 
 
 
 
 
 
 
and Equity
 
Defined
 
 
 
 
 
Securities (1)(2)
 
Benefit Plans (1)
 
Total (1)
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, July 1, 2015
 
$
223,786
 
 
 
$
(12,953
)
 
 
$
210,833
 
Other comprehensive income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
before reclassifications
 
 
3,836
 
 
 
 
-
 
 
 
 
3,836
 
Amounts reclassified from accumulated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
other comprehensive income (loss)
 
 
(1,004
)
 
 
 
-
 
 
 
 
(1,004
)
Net current period other
 
 
 
 
 
 
 
 
 
 
 
 
 
 
comprehensive income (loss)
 
 
2,832
 
 
 
 
-
 
 
 
 
2,832
 
Ending balance, September 30, 2015
 
$
226,618
 
 
 
$
(12,953
)
 
 
$
213,665
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1, 2015
 
$
297,554
 
 
 
$
(12,953
)
 
 
$
284,601
 
Other comprehensive income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
before reclassifications
 
 
(64,979
)
 
 
 
-
 
 
 
 
(64,979
)
Amounts reclassified from accumulated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
other comprehensive income (loss)
 
 
(5,957
)
 
 
 
-
 
 
 
 
(5,957
)
Net current period other
 
 
 
 
 
 
 
 
 
 
 
 
 
 
comprehensive income (loss)
 
 
(70,936
)
 
 
 
-
 
 
 
 
(70,936
)
Ending balance, September 30, 2015
 
$
226,618
 
 
 
$
(12,953
)
 
 
$
213,665
 
 
(1)
All amounts are net of tax.
(2)
The pretax amounts reclassified from accumulated other comprehensive income (loss), $1,545 and $9,165, are included in net realized investment gains and losses and the related tax expenses, $541 and $3,208, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2015, respectively.