XML 54 R42.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Carrying Amounts And Estimated Fair Values Of Financial Instruments
The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments:
  
September 30, 2018
 
December 31, 2017
(In thousands)
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Assets:
 
 
 
 
 
 
 
Fixed maturity securities
$
13,572,402

 
$
13,584,654

 
$
13,551,250

 
$
13,566,976

Equity securities
325,254

 
325,254

 
576,647

 
576,647

Arbitrage trading account
678,321

 
678,321

 
617,649

 
617,649

Loans receivable
96,590

 
98,878

 
79,684

 
82,047

Cash and cash equivalents
819,366

 
819,366

 
950,471

 
950,471

Trading account receivables from brokers and clearing organizations
191,394

 
191,394

 
189,280

 
189,280

Liabilities:
 
 
 
 
 
 
 
Due to broker
21,478

 
21,478

 
15,920

 
15,920

Trading account securities sold but not yet purchased
112,355

 
112,355

 
64,358

 
64,358

Subordinated debentures
907,304

 
913,344

 
728,218

 
769,060

Senior notes and other debt
1,790,498

 
1,876,579

 
1,769,052

 
1,945,313