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Schedule II - Condensed Financial Information of Registrant (Condensed Statements of Operations) (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 12 Months Ended
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Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Revenues: |  |  |  |  |  |  |  |  |  |  |
Net investment income | $ 363,947 | $ 354,147 | $ 336,143 | $ 329,690 | $ 321,160 | $ 318,594 | $ 320,259 | $ 326,910 | $ 1,383,927 | $ 1,286,923 | $ 1,218,780
Realized gain on investments | 16,364 | (2,077) | 15,689 | 10,585 | 1,471 | (1,238) | (611) | (6,076) | 40,561 | (6,454) | (18,641)
Change in fair value of derivatives | 444,985 | 193,028 | 64,040 | 373,962 | (48,266) | 161,090 | (150,847) | 259,161 | 1,076,015 | 221,138 | (114,728)
Loss on extinguishment of debt | (30,988) | (938) | (589) | 0 |  |  |  |  | (32,515) | 0 | 0
Total revenues | 837,294 | 580,263 | 447,570 | 745,565 | 304,698 | 524,173 | 208,640 | 614,845 | 2,610,692 | 1,652,356 | 1,246,536
Expenses: |  |  |  |  |  |  |  |  |  |  |
Change in fair value of embedded derivatives |  |  |  |  |  |  |  |  | 133,968 | 286,899 | (105,194)
Interest expense on notes payable |  |  |  |  |  |  |  |  | 38,870 | 28,479 | 31,633
Interest expense on subordinated debentures issued to subsidiary trusts |  |  |  |  |  |  |  |  | 12,088 | 13,458 | 13,977
Other operating costs and expenses |  |  |  |  |  |  |  |  | 91,915 | 95,495 | 67,559
Total benefits and expenses |  |  |  |  |  |  |  |  | 2,221,360 | 1,566,367 | 1,113,622
Income tax benefit |  |  |  |  |  |  |  |  | 136,049 | 28,191 | 46,666
Net income | 50,958 | 56,181 | 120,113 | 26,031 | 36,397 | (7,829) | 18,759 | 10,471 | 253,283 | 57,798 | 86,248
Parent Company [Member] |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |
Net investment income |  |  |  |  |  |  |  |  | 130 | 565 | 298
Dividends from subsidiary trusts |  |  |  |  |  |  |  |  | 361 | 403 | 427
Investment advisory fees |  |  |  |  |  |  |  |  | 44,469 | 36,178 | 29,765
Surplus note interest from subsidiary |  |  |  |  |  |  |  |  | 4,080 | 4,080 | 4,080
Realized gain on investments |  |  |  |  |  |  |  |  | 0 | 0 | 18
Change in fair value of derivatives |  |  |  |  |  |  |  |  | 144,012 | (7,472) | (21,146)
Loss on extinguishment of debt |  |  |  |  |  |  |  |  | (32,515) | 0 | 0
Total revenues |  |  |  |  |  |  |  |  | 160,537 | 33,754 | 13,442
Expenses: |  |  |  |  |  |  |  |  |  |  |
Change in fair value of embedded derivatives |  |  |  |  |  |  |  |  | 141,974 | (2,488) | (21,002)
Interest expense on notes payable |  |  |  |  |  |  |  |  | 38,870 | 28,479 | 31,633
Interest expense on subordinated debentures issued to subsidiary trusts |  |  |  |  |  |  |  |  | 12,088 | 13,458 | 13,977
Other operating costs and expenses |  |  |  |  |  |  |  |  | 8,163 | 8,228 | 7,307
Total benefits and expenses |  |  |  |  |  |  |  |  | 201,095 | 47,677 | 31,915
Loss before income taxes and equity in undistributed income of subsidiaries |  |  |  |  |  |  |  |  | (40,558) | (13,923) | (18,473)
Income tax benefit |  |  |  |  |  |  |  |  | (13,880) | (5,944) | (7,407)
Loss before equity in undistributed income of subsidiaries |  |  |  |  |  |  |  |  | (26,678) | (7,979) | (11,066)
Equity in undistributed income of subsidiaries |  |  |  |  |  |  |  |  | 279,961 | 65,777 | 97,314
Net income |  |  |  |  |  |  |  |  | $ 253,283 | $ 57,798 | $ 86,248

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