Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Dec. 31, 2014

Tax Valuation Allowance [Abstract]

Summary of Valuation Allowance [Table Text Block]

The table below summarizes the changes in the valuation allowance.

	Deferred Tax Liability		Other Comprehensive Income		Goodwill	Income Tax Expense (Benefit)
	(In thousands)
Balance at December 31, 2012	$	—	(83	)	1,058	(975	)
Release of valuation allowance in 2013	—		20		—	(20	)
Balance at December 31, 2013	—		(63	)	1,058	(995	)
Release of valuation allowance in 2014	—		21		—	(21	)
Balance at December 31, 2014	—		(42	)	1,058	(1,016	)
Release of valuation allowance in 2015	—		42		—	(42	)
Balance at December 31, 2015	$	—	—		1,058	(1,058	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of federal income tax expense computed by applying the federal income tax rate of 35% in 2015, 2014 and 2013 to income (loss) before federal income tax expense is as follows:

	Years Ended December 31,
	2015					2014					2013
	Amount			%		Amount			%		Amount			%
	(In thousands)
Expected tax expense (benefit)	$	(912	)	35.0	%	$	(973	)	35.0	%	$	2,426		35.0	%
Release of valuation allowance previously held in other comprehensive income	(42		)	1.6		(21		)	0.8		(20		)	(0.3	)
Taxable intercompany stock sales	—			—		—			—		143			2.1
Tax-exempt interest and dividends-received deduction	(746		)	28.6		(862		)	31.0		(397		)	(5.7	)
Adjustment of prior year taxes	(317		)	12.2		1			—		60			0.9
Effect of graduated rates	(71		)	2.7		(89		)	3.2		(100		)	(1.4	)
Effect of uncertain tax position	1,890			(72.5	)	2,136			(76.8	)	—			—
Nondeductible costs to remediate tax compliance issue	1,152			(44.2	)	3,514			(126.4	)	—			—
Other	18			(0.7	)	19			(0.8	)	26			0.2
Total income tax expense (benefit)	$	972		(37.3	)%	$	3,725		(134.0	)%	$	2,138		30.8	%

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax expense (benefit) consists of:

	Years Ended December 31,
	2015			2014		2013
	(In thousands)
Current	$	(3,071	)	82,900		5,871
Deferred	4,043			(79,175	)	(3,733	)
Total income tax expense (benefit)	$	972		3,725		2,138

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of deferred federal income taxes are as follows:

	Years Ended December 31,
	2015			2014
	(In thousands)
Deferred tax assets:
Future policy benefit reserves	$	118,697		123,058
Net operating and capital loss carryforwards	583			16
Accrued policyholder dividends and expenses	71			1,349
Investments	3,848			1,047
State income tax credits	123			125
Other	22			389
Total gross deferred tax assets	123,344			125,984
Valuation allowance	—			—
Total gross deferred tax assets net of valuation allowance	123,344			125,984
Deferred tax liabilities:
Deferred policy acquisition costs, cost of customer relationships acquired and intangible assets	(46,001		)	(45,398	)
Unrealized gains on investments available-for-sale	(7,428		)	(14,123	)
Accrued policyholder dividends	(984		)	—
Other	(167		)	(194	)
Total gross deferred tax liabilities	(54,580		)	(59,715	)
Net deferred tax asset	$	68,764		66,269

Change in deferred tax liability [Table Text Block]

A summary of the changes in the components of deferred federal and state income taxes is as follows:

	At December 31,
	2015			2014
	(In thousands)
Deferred federal and state income taxes:
Balance January 1,	$	66,269		(1,704	)
Deferred tax (expense) benefit	(4,085		)	79,154
Acquisition of MGLIC	—			(909	)
Investments available-for-sale	6,695			(10,382	)
Effects of unrealized gains on DAC, CCRA and reserves	(115		)	110
Balance December 31,	$	68,764		66,269

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of unrecognized tax benefits is as follows:

	At December 31,
	2015			2014
	(In thousands)
Balance at January 1,	$	81,459		1,539
Additions based on tax positions related to the current year	3,608			10,132
Additions for tax positions of prior years	1,570			71,327
Reductions for tax positions of prior years	(8,558		)	(1,539	)
Balance December 31,	$	78,079		81,459