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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss)  
Accumulated Other Comprehensive Income (Loss)

8 — Accumulated Other Comprehensive Income (Loss)

The only component of accumulated other comprehensive income (loss) relates to unrealized gains and (losses) on our investments and activity is as follows:

 

 

 

 

 

 

Unrealized Gains

 

 

(Losses) on

 

 

Available-For-Sale

 

    

Securities

Balance at December 31, 2016

 

$

(36,849)

Losses, net

 

 

(16,655)

Reclassification realized in net earnings

 

 

4,595

Balance at December 31, 2017

 

$

(48,909)

Losses, net

 

 

(3,554)

Reclassification realized in net earnings

 

 

20,767

Cumulative effect from adoption of accounting standard update

 

 

(10,496)

Balance at December 31, 2018

 

$

(42,192)

Gains, net

 

 

80,659

Reclassification realized in net earnings

 

 

(8,093)

Balance at December 31, 2019

 

$

30,374