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Fair Values of Financial Instruments (Fair Values and Carrying Amounts of Financial Instruments) (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Held for investment $ 71,499 $ 60,840
Equity securities, available for sale 7,756 7,778
Mortgage loans on real estate 2,474,306 2,581,082
Other investments 283,924 215,042
Coinsurance deposits 3,080,282 2,999,618
Liabilities    
Policy benefit reserves 38,790,456 35,789,655
Carrying Amount [Member]
   
Assets    
Mortgage loans on real estate 2,474,306 2,581,082
Derivative instruments 744,033 856,050
Other investments 261,590 192,198
Cash and cash equivalents 788,800 897,529
Coinsurance deposits 3,080,282 2,999,618
Counterparty collateral 198,434 315,824
Liabilities    
Policy benefit reserves 38,453,572 35,453,166
Single premium immediate annuity (SPIA) benefit reserves 376,980 417,625
Notes payable 475,295 549,958
Subordinated debentures 246,193 246,050
Amounts due under repurchase agreements 81,189 0
Carrying Amount [Member] | Interest Rate Caps [Member]
   
Assets    
Derivative assets 3,644 6,103
Carrying Amount [Member] | Interest Rate Swap [Member]
   
Assets    
Derivative assets 0 712
Liabilities    
Interest rate swap 1,252 0
Carrying Amount [Member] | 2015 Notes Hedges [Member]
   
Assets    
2015 notes hedges 39,061 107,041
Carrying Amount [Member] | 2015 Notes Embedded Conversion Derivative [Member]
   
Liabilities    
2015 notes embedded conversion derivative 39,061 107,041
Carrying Amount [Member] | Fixed Maturity Securities [Member]
   
Assets    
Available for sale securities 31,023,646 26,610,447
Held for investment 76,387 76,255
Carrying Amount [Member] | Equity Securities [Member]
   
Assets    
Equity securities, available for sale 7,756 7,778
Fair Value [Member]
   
Assets    
Mortgage loans on real estate 2,536,716 2,615,410
Derivative instruments 744,033 856,050
Other investments 267,414 193,343
Cash and cash equivalents 788,800 897,529
Coinsurance deposits 2,733,971 2,669,432
Counterparty collateral 198,434 315,824
Liabilities    
Policy benefit reserves 32,240,023 29,670,827
Single premium immediate annuity (SPIA) benefit reserves 389,508 430,835
Notes payable 546,548 699,435
Subordinated debentures 238,530 234,959
Amounts due under repurchase agreements 81,189 0
Fair Value [Member] | Interest Rate Caps [Member]
   
Assets    
Derivative assets 3,644 6,103
Fair Value [Member] | Interest Rate Swap [Member]
   
Assets    
Derivative assets 0 712
Liabilities    
Interest rate swap 1,252 0
Fair Value [Member] | 2015 Notes Hedges [Member]
   
Assets    
2015 notes hedges 39,061 107,041
Fair Value [Member] | 2015 Notes Embedded Conversion Derivative [Member]
   
Liabilities    
2015 notes embedded conversion derivative 39,061 107,041
Fair Value [Member] | Fixed Maturity Securities [Member]
   
Assets    
Available for sale securities 31,023,646 26,610,447
Held for investment 71,499 60,840
Fair Value [Member] | Equity Securities [Member]
   
Assets    
Equity securities, available for sale $ 7,756 $ 7,778