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Realized And Unrealized Investment Gains (Losses) on Investments (Tables)
9 Months Ended
Sep. 30, 2019
Realized and Unrealized Investment Gains (Losses) [Abstract]  
Realized And Unrealized Investment Gains (Losses) Net realized and unrealized gains (losses) on investments are as follows:
 
For the Three Months
Ended September 30,
 
For the Nine Months
Ended September 30,
(In thousands)
2019
 
2018
 
2019
 
2018
Net realized and unrealized gains (losses) on investments in earnings:
 
 
 
 
 

 
 

Fixed maturity securities:
 
 
 
 
 

 
 

Gains
$
2,100

 
$
2,152

 
$
10,503

 
$
23,412

Losses
(4,984
)
 
(2,747
)
 
(11,879
)
 
(10,612
)
Equity securities (1):
 
 
 
 
 
 
 
Net realized (losses) gains on investment sales
(11
)
 
149,562

 
23,328

 
391,305

Change in unrealized gains (losses)
4,226

 
(131,513
)
 
115,722

 
(280,370
)
Investment funds
(456
)
 
(30
)
 
(398
)
 
(264
)
Real estate
417

 
4,518

 
6,184

 
12,114

Loans receivable

 
449

 
(970
)
 
2,508

Other
173

 
(57
)
 
1,201

 
2,336

Net realized and unrealized gains on investments in earnings before OTTI
1,465

 
22,334

 
143,691

 
140,429

Other-than-temporary impairments

 

 

 

Net realized and unrealized gains on investments in earnings
1,465

 
22,334

 
143,691

 
140,429

Income tax expense
(308
)
 
(4,690
)
 
(30,175
)
 
(29,490
)
After-tax net realized and unrealized gains on investments in earnings
$
1,157

 
$
17,644

 
$
113,516

 
$
110,939


Change in unrealized investment (losses) gains of available for sale securities:
 
 
 
 
 

 
 
Fixed maturity securities
$
(12,178
)
 
$
(100,490
)
 
$
308,945

 
$
(297,065
)
Previously impaired fixed maturity securities
384

 
(7
)
 
396

 
4

Investment funds
(16,798
)
 
3,669

 
(21,602
)
 
(1,103
)
Total change in unrealized investment (losses) gains
(28,592
)
 
(96,828
)
 
287,739

 
(298,164
)
Income tax benefit (expense)
3,847

 
2,086

 
(68,060
)
 
45,280

Noncontrolling interests
123

 
60

 
105

 
86

After-tax change in unrealized investment (losses) gains of available for sale securities
$
(24,622
)
 
$
(94,682
)
 
$
219,784

 
$
(252,798
)
______________________
(1) The net realized gains or losses on investment sales represent the total gains or losses from the purchase dates of the equity securities. The change in unrealized gains consists of two components: (i) the reversal of the gain or loss recognized in previous periods on equity securities sold and (ii) the change in unrealized gain or loss resulting from mark-to-market adjustments on equity securities still held.