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Net Investment Income (Tables)
 3 Months Ended
Mar. 31, 2020
Net Investment Income [Abstract]  
Schedule of Net Investment Income
Net investment income consisted of the following: 
 
For the Three Months
Ended March 31,
 
(In thousands)
2020
 
2019
Investment income earned on:
 
 
 
Fixed maturity securities, including cash and cash equivalents and loans receivable
$
128,018

 
$
132,119

Investment funds
40,577

 
11,411

Arbitrage trading account
1,138

 
10,585

Real estate
6,096

 
4,307

Equity securities
1,563

 
1,288

Gross investment income
177,392

 
159,710

Investment expense
(2,629
)
 
(1,456
)
Net investment income
$
174,763

 
$
158,254