XML 61 R48.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Values of Financial Instruments (Carrying Amounts and Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Available for sale securities, fair value $ 45,923,727 $ 45,372,989
Held for investment 0 76,460
Derivative instruments 205,149 1,568,380
Other investments 355,531 616,764
Coinsurance deposits 4,954,068 4,858,289
Liabilities    
Policy benefit reserves 57,606,009 56,142,673
Carrying Amount    
Assets    
Available for sale securities, fair value 45,923,727 45,372,989
Held for investment 0 77,041
Mortgage loans on real estate 2,943,091 2,665,531
Derivative instruments 205,149 1,568,380
Other investments 355,531 616,764
Cash and cash equivalents 344,396 1,434,045
Coinsurance deposits 4,954,068 4,858,289
Counterparty collateral 33,101 186,108
Liabilities    
Policy benefit reserves 57,249,510 55,786,011
Single premium immediate annuity (SPIA) benefit reserves 270,406 282,563
Notes payable 494,591 494,093
Subordinated debentures 242,982 242,565
Amounts due under repurchase agreements 109,298 0
Carrying Amount | Interest Rate Caps    
Assets    
Interest rate derivative assets 597 415
Carrying Amount | Interest Rate Swap    
Assets    
Interest rate derivative assets 354 0
Liabilities    
Interest rate derivative liabilities 0 789
Fair Value    
Assets    
Available for sale securities, fair value 45,923,727 45,372,989
Held for investment 0 76,460
Mortgage loans on real estate 2,920,612 2,670,037
Derivative instruments 205,149 1,568,380
Other investments 348,970 605,894
Cash and cash equivalents 344,396 1,434,045
Coinsurance deposits 4,553,790 4,347,990
Counterparty collateral 33,101 186,108
Liabilities    
Policy benefit reserves 49,180,143 46,344,931
Single premium immediate annuity (SPIA) benefit reserves 279,077 292,153
Notes payable 489,985 521,800
Subordinated debentures 215,514 244,117
Amounts due under repurchase agreements 109,298 0
Fair Value | Interest Rate Caps    
Assets    
Interest rate derivative assets 597 415
Fair Value | Interest Rate Swap    
Assets    
Interest rate derivative assets 354 0
Liabilities    
Interest rate derivative liabilities $ 0 $ 789