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Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2013
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income
ACCUMULATED OTHER COMPREHENSIVE INCOME
The table below details the components of accumulated other comprehensive income, net of tax, for the three months ended March 31, 2013 and March 31, 2012 as relates to shareholders' equity attributable to common shareholders on the consolidated balance sheets. On the other hand, the unaudited consolidated statements of comprehensive loss present the components of other comprehensive income, net of tax, only for the three months ended March 31, 2013 and March 31, 2012 and inclusive of the components attributable to noncontrolling interests in consolidated subsidiaries.
 
 
Three months ended March 31,
 
  
 
2013

 
2012

Beginning balance
 
$
14,762

 
$
12,749

Unrealized losses on fixed maturities and equity investments arising during the period
 
(498
)
 
(122
)
Reclassification adjustment for losses included in net loss
 
248

 
142

Foreign currency translation adjustments
 
26

 
1,508

Equity in other comprehensive (loss) income of investee
 
(105
)
 
311

Balance at March 31
 
$
14,433

 
$
14,588


Components of accumulated other comprehensive income were reclassified to the following lines of the consolidated statements of operations for the three months ended March 31, 2013 and March 31, 2012:
 
 
Three months ended March 31,
 
  
 
2013

 
2012

Reclassification of accumulated other comprehensive income from unrealized losses on fixed maturities and equity investments to:
 
 
 
 
Net realized (losses) gains
 
$
(248
)
 
$
(142
)
Other-than-temporary impairment loss
 

 

Loss before income tax (benefit) expense
 
(248
)
 
(142
)
Income tax (benefit) expense
 

 

Net loss
 
$
(248
)
 
$
(142
)