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Interim Statements of Income and Comprehensive Income (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUES:    
Premiums $ 712 $ 163
Insurance and investment product fees 96,533 101,830
Net investment income 30,263 21,398
Net realized investment gains (losses):    
Total other-than-temporary impairment ("OTTI") losses (1,086) (880)
Portion of OTTI losses recognized in other comprehensive income ("OCI") 427 386
Net OTTI losses recognized in earnings (659) (494)
Net realized investment gains (losses), excluding OTTI losses (7,113) (3,968)
Total net realized investment losses (7,772) (4,462)
Total revenues 119,736 118,929
BENEFITS AND EXPENSES:    
Policy benefits 63,675 50,278
Policy acquisition cost amortization 28,735 32,283
Other operating expenses 23,298 18,696
Total benefits and expenses 115,708 101,257
Income before income taxes 4,028 17,672
Income tax expense 1,133 2,448
Net income 2,895 15,224
COMPREHENSIVE INCOME (LOSS):    
Net income 2,895 15,224
Net unrealized investment gains 7,871 3,502
Non-credit portion of OTTI losses recognized in other comprehensive income (278) (251)
Other comprehensive income 7,593 3,251
Comprehensive income (loss) $ 10,488 $ 18,475