Net Investment Income (Tables)

3 Months Ended

Mar. 31, 2014

Net Investment Income [Abstract]

Schedule of Net Investment Income

Net investment income consists of the following:

	For the Three Months
	Ended March 31,
(In thousands)	2014			2013
Investment income earned on:
Fixed maturity securities, including cash and cash equivalents and loans receivable	$	106,898		$	117,836
Investment funds	53,799			10,934
Arbitrage trading account	5,519			3,783
Equity securities available for sale	1,946			2,247
Real estate	3,102			3,141
Gross investment income	171,264			137,941
Investment expense	(2,553		)	(2,012		)
Net investment income	$	168,711		$	135,929