XML 125 R105.htm IDEA: XBRL DOCUMENT v3.20.4
Quarterly Financial Information (Unaudited) (Unaudited Quarterly Results of Operations) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Premiums and product charges $ 76,242 $ 72,684 $ 74,470 $ 67,213 $ 71,568 $ 68,799 $ 64,826 $ 58,376      
Net investment income 521,725 543,331 543,704 573,318 588,217 590,412 570,568 558,438 $ 2,182,078 $ 2,307,635 $ 2,147,812
Change in fair value of derivatives 443,867 205,011 327,662 (941,874) 466,434 (20,042) 76,045 384,469 34,666 906,906 (777,848)
Net realized gains (losses) on investments (12,135) (22,321) (25,888) (20,336) 7,029 4,328 (3,832) (563) (80,680) 6,962 (37,178)
Net OTTI losses recognized in operations         (17,412) (101) (1,213) 0 0 (18,726) (36,656)
Loss on extinguishment of debt 0 0 0 (2,024) (2,001) 0 0 0 (2,024) (2,001) 0
Total revenues 1,029,699 798,705 919,948 (323,703) 1,113,835 643,396 706,394 1,000,720 2,424,649 3,464,345 1,547,098
Net income (loss) available to common stockholders $ (6,262) $ 661,250 $ (253,379) $ 236,336 $ 220,150 $ 37,360 $ 18,590 $ (30,010) $ 637,945 $ 246,090 $ 458,016
Earnings (loss) per common share $ (0.07) $ 7.20 $ (2.76) $ 2.58 $ 2.41 $ 0.41 $ 0.20 $ (0.33) $ 6.93 $ 2.70 $ 5.07
Earnings (loss) per common share - assuming dilution $ (0.07) $ 7.17 $ (2.76) $ 2.57 $ 2.40 $ 0.41 $ 0.20 $ (0.33) $ 6.90 $ 2.68 $ 5.01