XML 45 R34.htm IDEA: XBRL DOCUMENT v3.4.0.3
Net Investment Income (Tables)
 3 Months Ended
Mar. 31, 2016
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)
2016
 
2015
Investment income earned on:
 
 
 
Fixed maturity securities, including cash and cash equivalents and loans receivable
$
108,835

 
$
108,129

Investment funds
16,636

 
6,061

Arbitrage trading account
3,190

 
8,979

Equity securities available for sale
868

 
1,180

Real estate
2,717

 
2,767

Gross investment income
132,246

 
127,116

Investment expense
(2,113
)
 
(2,877
)
Net investment income
$
130,133

 
$
124,239