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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, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:                      
Net investment income $ 475,633 $ 463,583 $ 459,830 $ 450,826 $ 438,262 $ 436,085 $ 418,176 $ 399,669 $ 1,849,872 $ 1,692,192 $ 1,531,667
Change in fair value of derivatives 95,391 103,794 39,099 (74,065) 69,338 (351,360) (23,024) (31,100) 164,219 (336,146) 504,825
Loss on extinguishment of debt                 0 0 (12,502)
Total revenues 622,816 630,060 549,802 417,604 541,883 126,965 441,094 408,995 2,220,282 1,518,937 2,168,973
Expenses:                      
Change in fair value of embedded derivatives                 543,465 (464,698) 32,321
Interest expense on notes and loan payable                 28,248 28,849 36,370
Interest expense on subordinated debentures issued to subsidiary trusts                 12,958 12,239 12,122
Other operating costs and expenses                 102,231 96,218 81,584
Total benefits and expenses                 2,090,035 1,181,623 1,972,909
Income tax expense                 47,004 117,484 70,041
Net income $ 120,796 $ (7,420) $ 14,708 $ (44,841) $ 33,776 $ 97,306 $ 82,845 $ 5,903 83,243 219,830 126,023
Parent Company [Member]                      
Revenues:                      
Net investment income                 78 62 130
Dividends from subsidiary trusts                 384 363 360
Investment advisory fees                 75,706 65,957 58,044
Surplus note interest from subsidiary                 4,080 4,080 4,080
Change in fair value of derivatives                 (810) (8,225) (17,122)
Loss on extinguishment of debt                 0 0 (12,502)
Total revenues                 79,438 62,237 32,990
Expenses:                      
Change in fair value of embedded derivatives                 0 (4,516) (15,227)
Interest expense on notes and loan payable                 28,248 28,849 36,370
Interest expense on subordinated debentures issued to subsidiary trusts                 12,958 12,239 12,122
Other operating costs and expenses                 8,551 8,195 7,928
Total benefits and expenses                 49,757 44,767 41,193
Income (loss) before income taxes and equity in undistributed income of subsidiaries                 29,681 17,470 (8,203)
Income tax expense                 12,073 7,338 664
Income (loss) before equity in undistributed income of subsidiaries                 17,608 10,132 (8,867)
Equity in undistributed income of subsidiaries                 65,635 209,698 134,890
Net income                 $ 83,243 $ 219,830 $ 126,023