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Discontinued Operations (Tables)
 3 Months Ended
Mar. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The results of GMSL, ICS, Beyond6, and CIG and the related expenses directly attributable to the entities were reported as discontinued operations. Summarized operating results of the discontinued operations are as follows (in millions):

Three Months Ended March 31,
 20212020
Revenue$1.7 $214.1 
Life, accident and health earned premiums, net28.4 28.6 
Net investment income43.9 51.9 
Realized/unrealized gains (losses) on investments9.5 (19.0)
Total revenue83.5 275.6 
Cost of revenue0.8 207.4 
Policy benefits, changes in reserves, and commissions56.1 72.4 
Selling, general and administrative12.4 27.3 
Depreciation and amortization(5.9)— 
Income (loss) from operations20.1 (31.5)
Interest expense(0.4)(5.6)
Gain (loss) on sale and liquidation of subsidiaries40.4 (39.3)
Income from equity investees— 0.5 
Other (loss) income(3.1)2.0 
Pre-tax income (loss) from discontinued operations57.0 (73.9)
Income tax (expense) benefit(5.1)2.8 
Income (loss) from discontinued operations$51.9 $(71.1)
As a result of the repayment of $15.0 million Revolving Credit Agreement, the Company allocated the following interest and the amortization of deferred financing costs for the three months ended March 31, 2021 and 2020 associated with the principal prepayment from continuing operations to discontinued operations on the Company’s Condensed Consolidated Statement of Operations:

Three Months Ended March 31,
 20212020
Interest expense$— $0.2 
Amortization of deferred financing costs and original issuance discount$— $0.1 

As a result of the mandatory redemption of $76.9 million of 2021 Senior Secured Notes, the Company allocated the following pro-rata interest and amortization of deferred financing costs and original issuance discount for the three months ended March 31, 2021 and 2020, from continuing operations to discontinued operations on the Company’s Condensed Consolidated Statements of Operations:

Three Months Ended March 31,
 20212020
Interest expense$— $2.2 
Amortization of deferred financing costs and original issuance discount$— $0.2 
As a result of the repayment of $15.0 million Revolving Credit Agreement, the Company allocated the following interest for the three months ended March 31, 2021 and 2020 associated with the principal prepayment from continuing operations to discontinued operations on the Company’s Condensed Consolidated Statements of Operations:

Three Months Ended March 31,
 20212020
Interest expense$0.1 $— 

As a result of the repayment of $27.9 million of the 2021 Senior Secured Notes, the Company allocated the following pro-rata interest and amortization of deferred financing costs and original issuance discount for the three months ended March 31, 2021 and 2020, from continuing operations to discontinued operations on the Company’s Condensed Consolidated Statements of Operations:

Three Months Ended March 31,
 20212020
Interest expense$0.3 $0.8 
Amortization of deferred financing costs and original issuance discount$— $0.1 
Summarized assets and liabilities of the discontinued operations are as follows (in millions):

March 31,
2021		December 31,
2020
 
Assets
Current assets
Cash and cash equivalents$213.7 $195.2 
Accounts receivable, net— 13.6 
Other current assets8.1 8.7 
Total current assets221.8 217.5 
Investments4,361.3 4,610.2 
Recoverable from reinsurers953.4 957.5 
Deferred tax asset— 1.4 
Property, plant and equipment, net1.1 90.5 
Goodwill— 2.1 
Intangibles, net2.5 11.7 
Other assets48.2 51.2 
Total assets held for sale$5,588.3 $5,942.1 
Liabilities
Current liabilities
 Accounts payable $— $2.6 
 Accrued liabilities15.4 35.8 
Current portion of debt obligations— 5.7 
 Other current liabilities 3.9 7.4 
Total current liabilities19.3 51.5 
Life, accident and health reserves4,632.2 4,627.5 
Annuity reserves227.2 228.8 
Value of business acquired193.6 199.8 
Deferred tax liability83.2 136.5 
Debt obligations— 50.6 
Other liabilities10.5 12.0 
Total liabilities held for sale$5,166.0 $5,306.7