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ACCUMULATED OTHER COMPREHENSIVE INCOME
 3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE INCOME
The tables below detail the changes in the balances of each component of accumulated other comprehensive income, net of tax, for the three months ended March 31, 2020 and March 31, 2019 as relates to shareholders' equity attributable to common shareholders on the consolidated balance sheets. However, the unaudited consolidated statements of comprehensive income present the components of other comprehensive income (loss), net of tax, only for the three months ended March 31, 2020 and March 31, 2019 and inclusive of the components attributable to noncontrolling interests in consolidated subsidiaries.
(in thousands)
 
Three months ended March 31, 2020
 
 
 
Unrealized Gains on Available-for-Sale Investments
 
Foreign Currency Translation Adjustments
 
Change in Fair Value of Debt Attributable to Instrument-Specific Credit Risk
 
Total Accumulated Other Comprehensive Income
 
 
 
 
 
 
 
 
 
Balance at January 1, 2020
 
$
59

 
$
(3,286
)
 
$
38,574

 
$
35,347

 
 
 
 
 
 
 
 
 
Other comprehensive income arising during the period
 
47

 
—

 
11,623

 
11,670

Amounts reclassified from accumulated other comprehensive income
 
61

 
—

 
—

 
61

Net current-period other comprehensive income
 
108

 
—

 
11,623

 
11,731

 
 
 
 
 
 
 
 
 
Balance at March 31, 2020
 
$
167

 
$
(3,286
)
 
$
50,197

 
$
47,078


(in thousands)
 
Three months ended March 31, 2019
 
 
 
Unrealized Gains (Losses) on Available-for-Sale Investments
 
Foreign Currency Translation Adjustments
 
Change in Fair Value of Debt Attributable to Instrument-Specific Credit Risk
 
Equity in Other Comprehensive Loss of Limited Liability Investment
 
Total Accumulated Other Comprehensive Income
 
 
 
 
 
 
 
 
 
 
 
Balance at January 1, 2019
 
$
(160
)
 
$
(3,286
)
 
$
44,259

 
$
(45
)
 
$
40,768

 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) arising during the period
 
105

 
—

 
(945
)
 
—

 
(840
)
Amounts reclassified from accumulated other comprehensive income
 
(6
)
 
—

 
—

 
—

 
(6
)
Net current-period other comprehensive income income
 
99

 
—

 
(945
)
 
—

 
(846
)
 
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2019
 
$
(61
)
 
$
(3,286
)
 
$
43,314

 
$
(45
)
 
$
39,922


Components of accumulated other comprehensive income were reclassified to the following lines of the unaudited consolidated statements of operations for the three months ended March 31, 2020 and March 31, 2019:
(in thousands)
 
Three months ended March 31,
  
 
2020

 
2019

Reclassification of accumulated other comprehensive income from unrealized gains (losses) on available-for-sale investments to:
 
 
 
 
Net realized gains
 
$
(61
)
 
$
6

Other-than-temporary impairment loss
 
—

 
—

(Loss) income before income tax expense (benefit)
 
(61
)
 
6

Income tax expense (benefit)
 
—

 
—

Net (loss) income
 
$
(61
)
 
$
6