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Schedule II - Condensed Financial Information of Registrant (Condensed Statements of Operations) (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:                      
Net investment income $ 438,262 $ 436,085 $ 418,176 $ 399,669 $ 403,849 $ 386,931 $ 370,882 $ 370,005 $ 1,692,192 $ 1,531,667 $ 1,383,927
Change in fair value of derivatives 69,338 (351,360) (23,024) (31,100) 146,231 39,218 270,883 48,493 (336,146) 504,825 1,076,015
Loss on extinguishment of debt                 0 (12,502) (32,515)
Total revenues 541,883 126,965 441,094 408,995 592,335 460,396 670,737 445,505 1,518,937 2,168,973 2,610,692
Expenses:                      
Change in fair value of embedded derivatives                 (464,698) 32,321 133,968
Interest expense on notes payable                 28,849 36,370 38,870
Interest expense on subordinated debentures issued to subsidiary trusts                 12,239 12,122 12,088
Other operating costs and expenses                 96,218 81,584 91,915
Total benefits and expenses                 1,181,623 1,972,909 2,221,360
Income tax expense (benefit)                 117,484 70,041 136,049
Net income $ 33,776 $ 97,306 $ 82,845 $ 5,903 $ 31,217 $ 67,815 $ 36,744 $ (9,753) 219,830 126,023 253,283
Parent Company [Member]                      
Revenues:                      
Net investment income                 62 130 130
Dividends from subsidiary trusts                 363 360 361
Investment advisory fees                 65,957 58,044 44,469
Surplus note interest from subsidiary                 4,080 4,080 4,080
Change in fair value of derivatives                 (8,225) (17,122) 144,012
Loss on extinguishment of debt                 0 (12,502) (32,515)
Total revenues                 62,237 32,990 160,537
Expenses:                      
Change in fair value of embedded derivatives                 (4,516) (15,227) 141,974
Interest expense on notes payable                 28,849 36,370 38,870
Interest expense on subordinated debentures issued to subsidiary trusts                 12,239 12,122 12,088
Other operating costs and expenses                 8,195 7,928 8,163
Total benefits and expenses                 44,767 41,193 201,095
Loss before income taxes and equity in undistributed income of subsidiaries                 17,470 (8,203) (40,558)
Income tax expense (benefit)                 7,338 664 (13,880)
Loss before equity in undistributed income of subsidiaries                 10,132 (8,867) (26,678)
Equity in undistributed income of subsidiaries                 209,698 134,890 279,961
Net income                 $ 219,830 $ 126,023 $ 253,283