XML 90 R76.htm IDEA: XBRL DOCUMENT v3.3.1.900
MONY CLOSED BLOCK OF BUSINESS (Details) - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Jan. 31, 2015
Dec. 31, 2014
Successor            
Closed block liabilities            
Future policy benefits, policyholders' account balances and other policyholder liabilities       $ 6,010,520    
Policyholder dividend obligation $ 323,432 $ 0   0 $ 323,432  
Other liabilities       22,917    
Total closed block liabilities       6,033,437    
Closed block assets            
Fixed maturities, available-for-sale, at fair value       4,426,090    
Equity securities, available-for-sale, at fair value       0    
Mortgage loans on real estate       247,162    
Policy loans       746,102    
Cash and other invested assets       34,420    
Other assets       166,445    
Total closed block assets       5,620,219    
Excess of reported closed block liabilities over closed block assets       413,218    
Portion of above representing accumulated other comprehensive income:            
Net unrealized investments gains (losses) net of policyholder dividend obligation of $(179,360) (Successor) and $106,886 (Predecessor)       (18,597)    
Future earnings to be recognized from closed block assets and closed block liabilities       394,621    
Policyholder dividend obligation       (179,360)    
Reconciliation of the policyholder dividend obligation            
Policyholder dividend obligation, beginning balance   323,432        
Applicable to net revenue (losses)   47,493        
Change in net unrealized investment gains (losses) allocated to policyholder dividend obligation; includes deferred tax benefits of $(96,579) (Successor); $47,277 (2015 - Predecessor); $58,571 (2014 - Predecessor)   (275,939)        
Policyholder dividend obligation, ending balance 323,432 0        
Deferred tax benefit       $ (96,579)    
Revenues            
Premiums and other income   185,562        
Net investment income   193,203        
Net investment gains   3,333        
Total revenues   382,098        
Benefits and other deductions            
Benefits and settlement expenses   336,629        
Other operating expenses   1,001        
Total benefits and other deductions   337,630        
Net revenues before income taxes   44,468        
Income tax expense   14,920        
Net revenues   29,548        
Predecessor            
Closed block liabilities            
Future policy benefits, policyholders' account balances and other policyholder liabilities           $ 6,138,505
Policyholder dividend obligation 366,745 500,453 $ 190,494   500,453 366,745
Other liabilities           53,838
Total closed block liabilities           6,559,088
Closed block assets            
Fixed maturities, available-for-sale, at fair value           4,524,037
Equity securities, available-for-sale, at fair value           5,387
Mortgage loans on real estate           448,855
Policy loans           771,120
Cash and other invested assets           30,984
Other assets           221,270
Total closed block assets           6,001,653
Excess of reported closed block liabilities over closed block assets           557,435
Portion of above representing accumulated other comprehensive income:            
Net unrealized investments gains (losses) net of policyholder dividend obligation of $(179,360) (Successor) and $106,886 (Predecessor)           0
Future earnings to be recognized from closed block assets and closed block liabilities           557,435
Policyholder dividend obligation           106,886
Reconciliation of the policyholder dividend obligation            
Policyholder dividend obligation, beginning balance 366,745 $ 500,453 190,494      
Applicable to net revenue (losses) 1,369   910      
Change in net unrealized investment gains (losses) allocated to policyholder dividend obligation; includes deferred tax benefits of $(96,579) (Successor); $47,277 (2015 - Predecessor); $58,571 (2014 - Predecessor) 135,077   177,161      
Policyholder dividend obligation, ending balance 500,453   366,745      
Deferred tax benefit         $ 47,277 $ 58,571
Revenues            
Premiums and other income 15,065   212,765      
Net investment income 19,107   239,028      
Net investment gains 568   10,528      
Total revenues 34,740   462,321      
Benefits and other deductions            
Benefits and settlement expenses 31,152   417,667      
Other operating expenses 0   674      
Total benefits and other deductions 31,152   418,341      
Net revenues before income taxes 3,588   43,980      
Income tax expense 1,256   20,377      
Net revenues $ 2,332   $ 23,603